AI in FinTech Global Market will grow at a rate of 28% through 2026
AI in FinTech Market Report 2022 – Market size, trends and global forecast 2022-2026
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, AI in the fintech market is expected to grow to $ 24.17 billion by 2026 with a CAGR of 27.6%. The need for fraud detection in fintech or financial institutions contributes to AI in fintech market growth.
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AI in the fintech market consists of sales of AI as software of devices (organizations, individual resellers and partnerships) used in the fintech area. AI is part of fintech companies when it comes to data collection, analyzing information, securing and facilitating transactions, creating customer-centric products and streamlining processes. It provides stronger security, better analysis and insight, virtual assistance and chatbots.
Global AI in FinTech market trends
Technological advances are the key trend gaining popularity in AI in the fintech market. For example, in 2021, in India, Robo consulting technology refers to the digital platforms that provide financial consulting through AI, powered software without human intervention. It advises people to pick up the right stock and even suggests replacing the existing stock in the portfolio based on the factors related to valuations, management and performance other things.
Global AI in FinTech market segments
The global AI in the fintech market is segmented:
By type: Solutions, services
For distribution: 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, the Asia-Pacific, Eastern Europe, Western Europe, the Middle East and Africa. Among these regions, North America accounts for the largest share.
Read more about the global AI in the 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 provide AI in fintech market overviews, analyzes and forecasts market size and growth for the global AI in the 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 segmentation: market size, globally, by region and country, historical 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.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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About The Business Research Company
The Business Research Company has published over 1,000 industry reports, covering over 2,500 market segments and 60 geographies. The reports are based on 150,000 data sets, comprehensive secondary research and exclusive insights from interviews with industry leaders. The reports have been updated with a detailed analysis of the impact of COVID-19 on various markets.
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