
In computer science, artificial intelligence (AI), sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans. Colloquially, the term "artificial intelligence" is often used to describe machines (or computers) that mimic "cognitive" functions that humans associate with the human mind, such as "learning" and "problem solving".
Market Analysis and Insights: Global BFSI Artificial Intelligence Market
The global BFSI Artificial Intelligence market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
China and the United States are two leaders in AI industry. On the AI 100 list (2022) released by CB Insights, the number of companies in the United States ranks first, with more than 70 companies, followed by the United Kingdom, with 8 companies on the list. China and Canada both holds 5 companies on the list. According to data from the China Academy of Information and Communications Technology, the scale of China's core artificial intelligence industry reached ¥508 billion in 2022, a year-on-year increase of 18%. From 2013 to November 2022, the cumulative number of patent applications for artificial intelligence inventions in the world reached 729,000, and the cumulative number of applications in China reached 389,000, accounting for 53.4%. However, the Global Artificial Intelligence Innovation Index Report 2021 released by the China Institute of Scientific and Technological Information shows that the overall strength of the United States is still far ahead. The number of artificial intelligence companies in the United States is about 4,670, while China has only 880. China's data center is less than 1/78 of that of the United States.
Report Covers:
This report presents an overview of global market for BFSI Artificial Intelligence market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of BFSI Artificial Intelligence, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for BFSI Artificial Intelligence, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the BFSI Artificial Intelligence revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global BFSI Artificial Intelligence market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for BFSI Artificial Intelligence revenue, projected growth trends, production technology, application and end-user industry.
Market Segmentation
By Company
Amazon Web Services, Inc.
Google LLC
IBM Corp.
Microsoft Corp.
Oracle Corp.
Segment by Type
Recommendation Engines
Chatbots
Predictive Analytics
Others
Segment by Application
Banking
Investment and Securities Management
Insurance
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. 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 2: Revenue of BFSI Artificial Intelligence in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. 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 3: Detailed analysis of BFSI Artificial Intelligence companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, BFSI Artificial Intelligence revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global BFSI Artificial Intelligence Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Recommendation Engines
1.2.3 Chatbots
1.2.4 Predictive Analytics
1.2.5 Others
1.3 Market by Application
1.3.1 Global BFSI Artificial Intelligence Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Banking
1.3.3 Investment and Securities Management
1.3.4 Insurance
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global BFSI Artificial Intelligence Market Perspective (2019-2030)
2.2 Global BFSI Artificial Intelligence Growth Trends by Region
2.2.1 BFSI Artificial Intelligence Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 BFSI Artificial Intelligence Historic Market Size by Region (2019-2024)
2.2.3 BFSI Artificial Intelligence Forecasted Market Size by Region (2025-2030)
2.3 BFSI Artificial Intelligence Market Dynamics
2.3.1 BFSI Artificial Intelligence Industry Trends
2.3.2 BFSI Artificial Intelligence Market Drivers
2.3.3 BFSI Artificial Intelligence Market Challenges
2.3.4 BFSI Artificial Intelligence Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue BFSI Artificial Intelligence by Players
3.1.1 Global BFSI Artificial Intelligence Revenue by Players (2019-2024)
3.1.2 Global BFSI Artificial Intelligence Revenue Market Share by Players (2019-2024)
3.2 Global BFSI Artificial Intelligence Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of BFSI Artificial Intelligence, Ranking by Revenue, 2022 VS 2023 VS 2024
3.4 Global BFSI Artificial Intelligence Market Concentration Ratio
3.4.1 Global BFSI Artificial Intelligence Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by BFSI Artificial Intelligence Revenue in 2023
3.5 Global Key Players of BFSI Artificial Intelligence Head office and Area Served
3.6 Global Key Players of BFSI Artificial Intelligence, Product and Application
3.7 Global Key Players of BFSI Artificial Intelligence, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 BFSI Artificial Intelligence Breakdown Data by Type
4.1 Global BFSI Artificial Intelligence Historic Market Size by Type (2019-2024)
4.2 Global BFSI Artificial Intelligence Forecasted Market Size by Type (2025-2030)
5 BFSI Artificial Intelligence Breakdown Data by Application
5.1 Global BFSI Artificial Intelligence Historic Market Size by Application (2019-2024)
5.2 Global BFSI Artificial Intelligence Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America BFSI Artificial Intelligence Market Size (2019-2030)
6.2 North America BFSI Artificial Intelligence Market Size by Type
6.2.1 North America BFSI Artificial Intelligence Market Size by Type (2019-2024)
6.2.2 North America BFSI Artificial Intelligence Market Size by Type (2025-2030)
6.2.3 North America BFSI Artificial Intelligence Market Share by Type (2019-2030)
6.3 North America BFSI Artificial Intelligence Market Size by Application
6.3.1 North America BFSI Artificial Intelligence Market Size by Application (2019-2024)
6.3.2 North America BFSI Artificial Intelligence Market Size by Application (2025-2030)
6.3.3 North America BFSI Artificial Intelligence Market Share by Application (2019-2030)
6.4 North America BFSI Artificial Intelligence Market Size by Country
6.4.1 North America BFSI Artificial Intelligence Market Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America BFSI Artificial Intelligence Market Size by Country (2019-2024)
6.4.3 North America BFSI Artificial Intelligence Market Size by Country (2025-2030)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe BFSI Artificial Intelligence Market Size (2019-2030)
7.2 Europe BFSI Artificial Intelligence Market Size by Type
7.2.1 Europe BFSI Artificial Intelligence Market Size by Type (2019-2024)
7.2.2 Europe BFSI Artificial Intelligence Market Size by Type (2025-2030)
7.2.3 Europe BFSI Artificial Intelligence Market Share by Type (2019-2030)
7.3 Europe BFSI Artificial Intelligence Market Size by Application
7.3.1 Europe BFSI Artificial Intelligence Market Size by Application (2019-2024)
7.3.2 Europe BFSI Artificial Intelligence Market Size by Application (2025-2030)
7.3.3 Europe BFSI Artificial Intelligence Market Share by Application (2019-2030)
7.4 Europe BFSI Artificial Intelligence Market Size by Country
7.4.1 Europe BFSI Artificial Intelligence Market Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe BFSI Artificial Intelligence Market Size by Country (2019-2024)
7.4.3 Europe BFSI Artificial Intelligence Market Size by Country (2025-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China BFSI Artificial Intelligence Market Size (2019-2030)
8.2 China BFSI Artificial Intelligence Market Size by Type
8.2.1 China BFSI Artificial Intelligence Market Size by Type (2019-2024)
8.2.2 China BFSI Artificial Intelligence Market Size by Type (2025-2030)
8.2.3 China BFSI Artificial Intelligence Market Share by Type (2019-2030)
8.3 China BFSI Artificial Intelligence Market Size by Application
8.3.1 China BFSI Artificial Intelligence Market Size by Application (2019-2024)
8.3.2 China BFSI Artificial Intelligence Market Size by Application (2025-2030)
8.3.3 China BFSI Artificial Intelligence Market Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia BFSI Artificial Intelligence Market Size (2019-2030)
9.2 Asia BFSI Artificial Intelligence Market Size by Type
9.2.1 Asia BFSI Artificial Intelligence Market Size by Type (2019-2024)
9.2.2 Asia BFSI Artificial Intelligence Market Size by Type (2025-2030)
9.2.3 Asia BFSI Artificial Intelligence Market Share by Type (2019-2030)
9.3 Asia BFSI Artificial Intelligence Market Size by Application
9.3.1 Asia BFSI Artificial Intelligence Market Size by Application (2019-2024)
9.3.2 Asia BFSI Artificial Intelligence Market Size by Application (2025-2030)
9.3.3 Asia BFSI Artificial Intelligence Market Share by Application (2019-2030)
9.4 Asia BFSI Artificial Intelligence Market Size by Region
9.4.1 Asia BFSI Artificial Intelligence Market Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia BFSI Artificial Intelligence Market Size by Region (2019-2024)
9.4.3 Asia BFSI Artificial Intelligence Market Size by Region (2025-2030)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America BFSI Artificial Intelligence Market Size (2019-2030)
10.2 Middle East, Africa, and Latin America BFSI Artificial Intelligence Market Size by Type
10.2.1 Middle East, Africa, and Latin America BFSI Artificial Intelligence Market Size by Type (2019-2024)
10.2.2 Middle East, Africa, and Latin America BFSI Artificial Intelligence Market Size by Type (2025-2030)
10.2.3 Middle East, Africa, and Latin America BFSI Artificial Intelligence Market Share by Type (2019-2030)
10.3 Middle East, Africa, and Latin America BFSI Artificial Intelligence Market Size by Application
10.3.1 Middle East, Africa, and Latin America BFSI Artificial Intelligence Market Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America BFSI Artificial Intelligence Market Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America BFSI Artificial Intelligence Market Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America BFSI Artificial Intelligence Market Size by Country
10.4.1 Middle East, Africa, and Latin America BFSI Artificial Intelligence Market Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America BFSI Artificial Intelligence Market Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America BFSI Artificial Intelligence Market Size by Country (2025-2030)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 Amazon Web Services, Inc.
11.1.1 Amazon Web Services, Inc. Company Details
11.1.2 Amazon Web Services, Inc. Business Overview
11.1.3 Amazon Web Services, Inc. BFSI Artificial Intelligence Introduction
11.1.4 Amazon Web Services, Inc. Revenue in BFSI Artificial Intelligence Business (2019-2024)
11.1.5 Amazon Web Services, Inc. Recent Developments
11.2 Google LLC
11.2.1 Google LLC Company Details
11.2.2 Google LLC Business Overview
11.2.3 Google LLC BFSI Artificial Intelligence Introduction
11.2.4 Google LLC Revenue in BFSI Artificial Intelligence Business (2019-2024)
11.2.5 Google LLC Recent Developments
11.3 IBM Corp.
11.3.1 IBM Corp. Company Details
11.3.2 IBM Corp. Business Overview
11.3.3 IBM Corp. BFSI Artificial Intelligence Introduction
11.3.4 IBM Corp. Revenue in BFSI Artificial Intelligence Business (2019-2024)
11.3.5 IBM Corp. Recent Developments
11.4 Microsoft Corp.
11.4.1 Microsoft Corp. Company Details
11.4.2 Microsoft Corp. Business Overview
11.4.3 Microsoft Corp. BFSI Artificial Intelligence Introduction
11.4.4 Microsoft Corp. Revenue in BFSI Artificial Intelligence Business (2019-2024)
11.4.5 Microsoft Corp. Recent Developments
11.5 Oracle Corp.
11.5.1 Oracle Corp. Company Details
11.5.2 Oracle Corp. Business Overview
11.5.3 Oracle Corp. BFSI Artificial Intelligence Introduction
11.5.4 Oracle Corp. Revenue in BFSI Artificial Intelligence Business (2019-2024)
11.5.5 Oracle Corp. Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Amazon Web Services, Inc.
Google LLC
IBM Corp.
Microsoft Corp.
Oracle Corp.
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*If Applicable.
