In computer science, artificial intelligence (AI), sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans. Colloquially, the term “artificial intelligence” is often used to describe machines (or computers) that mimic “cognitive” functions that humans associate with the human mind, such as “learning” and “problem-solving”.
Financial institutions are focusing on developing autonomous solutions to not only gain a competitive edge but also efficiently cater to customer demand for personalized services and rewards. As a result, BFSI organizations have started integrating AI and Big Data analytics. AI-driven solutions are helping BFSI companies in automating data cleaning and organizing and data analysis while ensuring security. Furthermore, the IT systems integrated with AI and machine learning in BFSI enterprises are capable of self-management and self-repair.
In 2018, the global BFSI Artificial Intelligence market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019–2025.
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This report focuses on the global BFSI Artificial Intelligence status, future forecast, growth opportunity, key market and key players. The study objectives are to present the BFSI Artificial Intelligence development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
The key players covered in this study
- Amazon Web Services, Inc.
- Google LLC
- IBM Corp.
- Microsoft Corp.
- Oracle Corp.
Market segment by Type, the product can be split into
- Recommendation Engines
- Predictive Analytics
Market segment by Application, split into
- Investment and Securities Management
Market segment by Regions/Countries, this report covers
- North America
- Southeast Asia
- Central & South America
The study objectives of this report are:
- To analyze global BFSI Artificial Intelligence status, future forecast, growth opportunity, key market and key players.
- To present the BFSI Artificial Intelligence development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
- To strategically profile the key players and comprehensively analyze their development plan and strategies.
- To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of BFSI Artificial Intelligence are as follows:
- History Year: 2014–2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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Table of content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global BFSI Artificial Intelligence Market Size Growth Rate by Type (2014–2025)
1.4.2 Recommendation Engines
1.4.4 Predictive Analytics
1.5 Market by Application
1.5.1 Global BFSI Artificial Intelligence Market Share by Application (2019–2025)
1.5.3 Investment and Securities Management
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 BFSI Artificial Intelligence Market Size
2.2 BFSI Artificial Intelligence Growth Trends by Regions
2.2.1 BFSI Artificial Intelligence Market Size by Regions (2019–2025)
2.2.2 BFSI Artificial Intelligence Market Share by Regions (2014–2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porter’s Five Forces Analysis
3 Market Share by Key Players
3.1 BFSI Artificial Intelligence Market Size by Players
3.1.1 Global BFSI Artificial Intelligence Revenue by Players (2014–2019)
3.1.2 Global BFSI Artificial Intelligence Revenue Market Share by Players (2014–2019)
3.1.3 Global BFSI Artificial Intelligence Market Concentration Ratio (CR5 and HHI)
3.2 BFSI Artificial Int
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