AI in Fintech Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The AI in Fintech market was estimated at USD 7.91 billion in 2021, and it is expected to reach USD 26.67 billion by 2028. The market is also expected to witness a CAGR of 23% over the forecast period (2022–2028). Artificial intelligence (AI) is a paradigm-shifting technology that is seamlessly transforming the financial sector. Various applications of AI in the fintech sector include accurate decision-making, automated customer support, claims management, insurance management, fraud detection, virtual financial assistance, predictive analytics, and more. For their clients, banks and other financial institutions provide real-time access to accounts, personalized financial recommendations, savings management, micro-investments, expense tracking, budgets, and more. A key benefit of AI in Fintech is that it improves the financial services experience. Fintech’s AI meets customer needs in real-time. 

Company Profile

The major AI in Fintech vendors is Microsoft (Washington, US), Google (California, US), Salesforce.com (California, US), IBM (New York, US), Intel (California, US), Amazon Web Services (Washington, US), Inbenta Technologies (California, US), IPsoft (New York, US), Nuance Communications (Massachusetts, US), and ComplyAdvantage.com (New York, US).

 

Market Segmentation

By Deployment Mode:

• Cloud
• On-premises

By Application Area:

• Virtual Assistant (Chatbots)
• Business Analytics and Reporting
• Customer Behavioral Analytics

Scope of the Report

The research study analyzes the AI in Fintech Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by AI in Fintech Market Report

1. What was the AI in Fintech Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of AI in Fintech Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the AI in Fintech Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.