Global AI in Fintech Markets, 2023-2028: Growing Demand for Process Automation Propels AI in Fintech

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Jul 24, 2023, 22:00 ET

DUBLIN, July 24, 2023 /PRNewswire/ -- The "Global AI in Fintech Market (2023-2028) by Component, Application, Deployment Mode, and Geography, Competitive Analysis, Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global AI in Fintech Market is estimated to be USD 9.83 Bn in 2023 and is expected to reach USD 30.61 Bn by 2028, growing at a CAGR of 25.50%.

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing the risks.

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario.

Why buy this report?

The report offers a comprehensive evaluation of the Global AI in Fintech Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth Market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the Market are also featured in the Report
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Market Segmentations

By Component, the market is classified into Solutions and Services Segments.
By Application, the market is classified into Virtual Assistance, Business Analytics & Reporting, Customer Behaviour Analytics and Other Segments.
By Deployment Mode, the market is classified into Cloud and On-premises Segments.

Market Dynamics

Drivers

Growing Internet Penetration
Growing Demand for Process Automation in Financial Institutions

Restraints

High Cost of IT Set up
Concerns Regarding Handling Bulk Data

Opportunities

Rising Investment and Partnership by IT Sector
Advancement in Technology with Digitalization

Challenges

Threats Associated with the Cyber Security
Lack of Skilled Professionals

Company Profiles

Google LLC
Microsoft Corp.
IBM Corp.
Intel Corp.
Inbenta Technologies Inc.
Nuance Communications Inc. (Acquired by Microsoft Corp.)
ComplyAdvantage.com
Salesforce.com Inc.
Amazon Web Service Inc.
Samsung
Ipsoft Inc.
Narrative Science
Active Intelligence Pte Ltd
TIBCO Software (Alpine Data Labs)
Trifacta Software Inc.
Data Minr Inc.
Sift Science Inc.
Pefin Holdings
WealthFront Inc.
Sentifi Ag
Next It Corp.

For more information about this report visit https://www.researchandmarkets.com/r/su0uq8

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SOURCE Research and Markets