AI in Fintech Market Size Global Trends, Share, Growth, Opportunity Forecast 2022- 2031

Japan, Japan, Thu, 14 Apr 2022 11:22:19 / Comserve Inc. / -- AI in Fintech Market With Top Countries Data, Industry Analysis , Size, Share, Revenue, Prominent Players, Developing Technologies, Tendencies and Forecast

"A research report on AI in Fintech Market was added by SDKI in its database which discusses the product as well as the scope of its market in detail. The report provides the business clients with an in-depth overview of the market, giving an analysis of the market trends, market size, market value and market growth over the forecast period on a compound as well as on a yearly basis. Further, the market study gives an overview of the industry on the basis of several factors such as the geographical extent, market segmentation, growth drivers and challenges prevalent in the market.

Download Sample of This Strategic Report: https://www.sdki.jp/sample-request-77147

Global AI in Fintech market is forecast to exhibit a CAGR of 26.21%, growing from $ 1.44 billion in 2018 to $ 5.67 billion by 2024, on account of technological advancements and surging penetration of internet. Fintech or financial technology is the name given to the new technological innovation that aims to compete with traditional financial methods in the delivery of financial services. Following banking sector, artificial intelligence (AI) is transforming the finance industry. Since AI helps to improve the efficiency and reduce the chances of error, the application of AI in Fintech is increasing at a rapid pace.

Global AI in Fintech market can be categorized based on component, deployment mode, application and regional analysis. In the solution sub-segment, software tools segment is anticipated to acquire the largest market share, as it helps to extract large amount of data. Based on the deployment mode, global AI in Fintech market is bifurcated into cloud and on-premise. Cloud segment is likely to register the highest CAGR in coming years, as it offers a wide range of solutions to cater to AI in Fintech market. AI in Fintech caters to various applications such as virtual assistant (chat bot), business analytics & reporting, customer behavioral analytics and others. Business analytics and reporting is the leading segment in global AI in Fintech market and is poised to grow at a high rate over the course of next five years, as it helps in the analysis of customer behavior.

Regionally, the market for AI in Fintech is gaining traction and expanding to various regions including Asia-Pacific, North America, Europe, South America and Middle East & Africa. North America is at the forefront of AI in Fintech market, on the back of high investments in R&D in the developed economies of US and Canada.

Some of the major players operating in global AI in Fintech market are IBM Corporation, Amazon Web Services, Microsoft Corporation, Nuance Communications, Inc. IPsoft Inc., etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. In 2017, MIT and IBM partnered to invest in the artificial intelligence platform.

Objective of the Study:
• To analyze and forecast global AI in Fintech market size.
• To classify and forecast global AI in Fintech market based on component, deployment mode, application and regional distribution.
• To identify drivers and challenges for global AI in Fintech market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global AI in Fintech market.
• To identify and analyze the profile of leading players operating in global AI in Fintech market.

Some of the leading players operating in global AI in Fintech market are IBM Corporation, Amazon Web Services, Microsoft Corporation, Nuance Communications, Inc. IPsoft Inc., etc.

SDKI performed both primary as well as exhaustive secondary research for this study. Initially, SDKI sourced a list of solution & service providers across the globe. Subsequently, SDKI conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, SDKI could include the service providers which could not be identified due to the limitations of secondary research. SDKI analyzed the service offerings, distribution channels and presence of all major service providers across the globe.

SDKI calculated global AI in Fintech market size using a bottom-up approach, where data for various Application segments was recorded and forecast for the future years. SDKI sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by SDKI.

Key Target Audience:
• AI in Fintech solution & service providers
• Research organizations and consulting companies
• Government bodies such as regulating authorities and policymakers
• Organizations, forums and alliances related to AI in Fintech

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end users. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.

Get a Sample Copy of the Report: https://www.sdki.jp/sample-request-77147

Report Scope:
In this report, global AI in Fintech market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Market, by Component:
o Solution
 Software Tools
 Platform
o Services
 Managed
 Professional
• Marker, by Deployment Mode:
o On-premise
o Cloud
• Market, by Application:
o Business Analytics & Reporting
o Customer Behavioral Analytics
o Virtual Assistant (Chat bot)
o Others

Table of Content

1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
5. Global AI in Fintech Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Component (Solution (Software Tools and Platform) and Services (Managed and Professional)
5.2.2. By Deployment Mode (Cloud and On-premise)
5.2.3. By Application (Business Analytics & Reporting, Customer Behavioral Analytics, Virtual Assistant (Chat bot) and Others)
5.2.4. By Company
5.2.5. By Region
5.3. Competition Outlook
6. North America AI in Fintech Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Component
6.2.2. By Application
6.2.3. By Country
6.3. North America: Country Analysis
6.3.1. United States AI in Fintech Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Application
6.3.1.3. Competition Outlook
6.3.2. Canada AI in Fintech Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Application
6.3.2.3. Competition Outlook
6.3.3. Mexico AI in Fintech Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Application
6.3.3.3. Competition Outlook

Get More Info: AI in Fintech Market"

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

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