The Business Research Company’s AI In FinTech Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
LONDON, GREATER LONDON , UK, July 4, 2022 /EINPresswire.com/ — According to ‘AI in FinTech Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the AI in fintech market size is expected to grow to $24.17 billion in 2026 at a CAGR of 27.6%. The need for fraud detection in fintech or financial institutions is contributing to the AI in fintech market growth.
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The AI in fintech market consists of sales of AI as software by entities (organizations, sole traders, and partnerships) that are used in the fintech space. AI is a part of fintech companies in terms of collection of data, analyzing information, securing and facilitating transactions, creating customer-centric products, and streamlining processes. It provides stronger security, better analytics, and insights, virtual assistance, and chatbots.
Global AI in FinTech Market Trends
Technological advancement is the key trend gaining popularity in the AI in the fintech market. For instance, in 2021, In India, the Robo-advisory technology refers to the digital platforms that provide financial advice through AI, driven software with zero human intervention. It advises the people to pick up the right stock and even suggests replacing the existing stock in the portfolio based on the factors related to valuations, governance, and performance other things.
Global AI in FinTech Market Segments
The global AI in fintech market is segmented:
By Type: Solutions, Services
By Deployment: Cloud, On-Premise
By Application: Asset Management, Risk Investigation, Business Analytics, Regulatory Compliance, Data Collection, Predictive Analytics, Virtual Assistance, Others
By Geography: The global AI in fintech market segmentation is divided into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest share.
Read more on the global AI in fintech market report here
AI in FinTech Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides AI in fintech market overviews, analyzes and forecasts market size and growth for the global AI in fintech market, AI in fintech market share, AI in fintech market segments and geographies, AI in fintech market players, AI in fintech market leading competitor revenues, profiles and market shares. The AI in fintech market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s AI in FinTech Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Microsoft, Google, IBM Corporation, Intel Corporation, Amazon Web Services, IPsoft, Salesforce Inc, Nuance Communications, Next IT Corporation, Trifacta Software Inc, Inbenta Technologies, Zeitgold GmbH, and Onfido.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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