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Artificial Intelligence (AI) in BFSI-Global Market Insights and Sales Trends 2025

Artificial Intelligence (AI) in BFSI-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1850659

No of Pages : 88

Synopsis
Artificial Intelligence (AI) is fast evolving as the go-to technology for companies across the world to personalise experience for individuals. The rudimentary applications AI include bring smarter chat-bots for customer service, personalising services for individuals, and even placing an AI robot for self-service at banks. Beyond these basic applications, banks can implement the technology for bringing in more efficiency to their back-office and even reduce fraud and security risks.
The global Artificial Intelligence (AI) in BFSI market size is expected to reach US$ 4262.6 million by 2029, growing at a CAGR of 19.2% from 2023 to 2029. The market is mainly driven by the significant applications of Artificial Intelligence (AI) in BFSI in various end use industries. The expanding demands from the Banking, Insurance and Wealth management,, are propelling Artificial Intelligence (AI) in BFSI market. Machine Learning (ML), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Natural Language processing (NLP) segment is estimated at % CAGR for the next seven-year period.
Artificial intelligence (AI) in banking, financial services and insurance (BFSI) is projected to grow significantly in the coming years. Positive rise of AI-based application in BFSI such as customer support, fraud detection, and improving employee efficiency, buoyed the AI in BFSI market.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Artificial Intelligence (AI) in BFSI, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Artificial Intelligence (AI) in BFSI market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Artificial Intelligence (AI) in BFSI market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Artificial Intelligence (AI) in BFSI sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Artificial Intelligence (AI) in BFSI covered in this report include Google, Microsoft Corporation, Amazon Web Services Inc, IBM Corporation, Avaamo Inc, Baidu Inc, Cape Analytics LLC and Oracle Corporation, etc.
The global Artificial Intelligence (AI) in BFSI market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Google
Microsoft Corporation
Amazon Web Services Inc
IBM Corporation
Avaamo Inc
Baidu Inc
Cape Analytics LLC
Oracle Corporation
Global Artificial Intelligence (AI) in BFSI market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Artificial Intelligence (AI) in BFSI market, Segment by Type:
Machine Learning (ML)
Natural Language processing (NLP)
Predictive Analytics
Machine Vision
Global Artificial Intelligence (AI) in BFSI market, by Application
Banking
Insurance
Wealth management
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Artificial Intelligence (AI) in BFSI companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index
1 Market Overview of Artificial Intelligence (AI) in BFSI
1.1 Artificial Intelligence (AI) in BFSI Market Overview
1.1.1 Artificial Intelligence (AI) in BFSI Product Scope
1.1.2 Artificial Intelligence (AI) in BFSI Market Status and Outlook
1.2 Global Artificial Intelligence (AI) in BFSI Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Artificial Intelligence (AI) in BFSI Market Size by Region (2018-2029)
1.4 Global Artificial Intelligence (AI) in BFSI Historic Market Size by Region (2018-2023)
1.5 Global Artificial Intelligence (AI) in BFSI Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Artificial Intelligence (AI) in BFSI Market Size (2018-2029)
1.6.1 North America Artificial Intelligence (AI) in BFSI Market Size (2018-2029)
1.6.2 Europe Artificial Intelligence (AI) in BFSI Market Size (2018-2029)
1.6.3 Asia-Pacific Artificial Intelligence (AI) in BFSI Market Size (2018-2029)
1.6.4 Latin America Artificial Intelligence (AI) in BFSI Market Size (2018-2029)
1.6.5 Middle East & Africa Artificial Intelligence (AI) in BFSI Market Size (2018-2029)
2 Artificial Intelligence (AI) in BFSI Market by Type
2.1 Introduction
2.1.1 Machine Learning (ML)
2.1.2 Natural Language processing (NLP)
2.1.3 Predictive Analytics
2.1.4 Machine Vision
2.2 Global Artificial Intelligence (AI) in BFSI Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Artificial Intelligence (AI) in BFSI Historic Market Size by Type (2018-2023)
2.2.2 Global Artificial Intelligence (AI) in BFSI Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Artificial Intelligence (AI) in BFSI Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Artificial Intelligence (AI) in BFSI Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Artificial Intelligence (AI) in BFSI Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Artificial Intelligence (AI) in BFSI Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Artificial Intelligence (AI) in BFSI Revenue Breakdown by Type (2018-2029)
3 Artificial Intelligence (AI) in BFSI Market Overview by Application
3.1 Introduction
3.1.1 Banking
3.1.2 Insurance
3.1.3 Wealth management
3.2 Global Artificial Intelligence (AI) in BFSI Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Artificial Intelligence (AI) in BFSI Historic Market Size by Application (2018-2023)
3.2.2 Global Artificial Intelligence (AI) in BFSI Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Artificial Intelligence (AI) in BFSI Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Artificial Intelligence (AI) in BFSI Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Artificial Intelligence (AI) in BFSI Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Artificial Intelligence (AI) in BFSI Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Artificial Intelligence (AI) in BFSI Revenue Breakdown by Application (2018-2029)
4 Artificial Intelligence (AI) in BFSI Competition Analysis by Players
4.1 Global Artificial Intelligence (AI) in BFSI Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Artificial Intelligence (AI) in BFSI as of 2022)
4.3 Date of Key Players Enter into Artificial Intelligence (AI) in BFSI Market
4.4 Global Top Players Artificial Intelligence (AI) in BFSI Headquarters and Area Served
4.5 Key Players Artificial Intelligence (AI) in BFSI Product Solution and Service
4.6 Competitive Status
4.6.1 Artificial Intelligence (AI) in BFSI Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Google
5.1.1 Google Profile
5.1.2 Google Main Business
5.1.3 Google Artificial Intelligence (AI) in BFSI Products, Services and Solutions
5.1.4 Google Artificial Intelligence (AI) in BFSI Revenue (US$ Million) & (2018-2023)
5.1.5 Google Recent Developments
5.2 Microsoft Corporation
5.2.1 Microsoft Corporation Profile
5.2.2 Microsoft Corporation Main Business
5.2.3 Microsoft Corporation Artificial Intelligence (AI) in BFSI Products, Services and Solutions
5.2.4 Microsoft Corporation Artificial Intelligence (AI) in BFSI Revenue (US$ Million) & (2018-2023)
5.2.5 Microsoft Corporation Recent Developments
5.3 Amazon Web Services Inc
5.3.1 Amazon Web Services Inc Profile
5.3.2 Amazon Web Services Inc Main Business
5.3.3 Amazon Web Services Inc Artificial Intelligence (AI) in BFSI Products, Services and Solutions
5.3.4 Amazon Web Services Inc Artificial Intelligence (AI) in BFSI Revenue (US$ Million) & (2018-2023)
5.3.5 IBM Corporation Recent Developments
5.4 IBM Corporation
5.4.1 IBM Corporation Profile
5.4.2 IBM Corporation Main Business
5.4.3 IBM Corporation Artificial Intelligence (AI) in BFSI Products, Services and Solutions
5.4.4 IBM Corporation Artificial Intelligence (AI) in BFSI Revenue (US$ Million) & (2018-2023)
5.4.5 IBM Corporation Recent Developments
5.5 Avaamo Inc
5.5.1 Avaamo Inc Profile
5.5.2 Avaamo Inc Main Business
5.5.3 Avaamo Inc Artificial Intelligence (AI) in BFSI Products, Services and Solutions
5.5.4 Avaamo Inc Artificial Intelligence (AI) in BFSI Revenue (US$ Million) & (2018-2023)
5.5.5 Avaamo Inc Recent Developments
5.6 Baidu Inc
5.6.1 Baidu Inc Profile
5.6.2 Baidu Inc Main Business
5.6.3 Baidu Inc Artificial Intelligence (AI) in BFSI Products, Services and Solutions
5.6.4 Baidu Inc Artificial Intelligence (AI) in BFSI Revenue (US$ Million) & (2018-2023)
5.6.5 Baidu Inc Recent Developments
5.7 Cape Analytics LLC
5.7.1 Cape Analytics LLC Profile
5.7.2 Cape Analytics LLC Main Business
5.7.3 Cape Analytics LLC Artificial Intelligence (AI) in BFSI Products, Services and Solutions
5.7.4 Cape Analytics LLC Artificial Intelligence (AI) in BFSI Revenue (US$ Million) & (2018-2023)
5.7.5 Cape Analytics LLC Recent Developments
5.8 Oracle Corporation
5.8.1 Oracle Corporation Profile
5.8.2 Oracle Corporation Main Business
5.8.3 Oracle Corporation Artificial Intelligence (AI) in BFSI Products, Services and Solutions
5.8.4 Oracle Corporation Artificial Intelligence (AI) in BFSI Revenue (US$ Million) & (2018-2023)
5.8.5 Oracle Corporation Recent Developments
6 North America
6.1 North America Artificial Intelligence (AI) in BFSI Market Size by Country (2018-2029)
6.2 United States
6.3 Canada
7 Europe
7.1 Europe Artificial Intelligence (AI) in BFSI Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Artificial Intelligence (AI) in BFSI Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Artificial Intelligence (AI) in BFSI Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Artificial Intelligence (AI) in BFSI Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Artificial Intelligence (AI) in BFSI Market Dynamics
11.1 Artificial Intelligence (AI) in BFSI Industry Trends
11.2 Artificial Intelligence (AI) in BFSI Market Drivers
11.3 Artificial Intelligence (AI) in BFSI Market Challenges
11.4 Artificial Intelligence (AI) in BFSI Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List

Published By : QY Research

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