Global Artificial Intelligence (AI) in Fintech Industry

Global Artificial Intelligence (AI) in Fintech Industry

  • April 2021 •
  • 167 pages •
  • Report ID: 6030738 •
  • Format: PDF
Abstract:
- Global Artificial Intelligence (AI) in Fintech Market to Reach $34.3 Billion by 2027
- Amid the COVID-19 crisis, the global market for Artificial Intelligence (AI) in Fintech estimated at US$3.6 Billion in the year 2020, is projected to reach a revised size of US$34.3 Billion by 2027, growing at aCAGR of 37.9% over the period 2020-2027. Solutions, one of the segments analyzed in the report, is projected to record 36.9% CAGR and reach US$19.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 39.2% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 36.7% CAGR
- The Artificial Intelligence (AI) in Fintech market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.8 Billion by the year 2027 trailing a CAGR of 36.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 34.2% and 32.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 26.7% CAGR.

- Select Competitors (Total 37 Featured) -
  • Amazon Web Services
  • Complyadvantage.Com
  • Google
  • IBM
  • Inbenta Technologies
  • Intel
  • Ipsoft
  • Microsoft
  • Next It Corp.
  • Nuance Communications
  • Narrative Science
  • Salesforce.Com
  • Samsung