The global AI and automation banking market was valued at USD 16.5 Bn in 2021. The trade is likely to reach USD 23.3 Bn in 2022. Due to improvements in data collection technology among financial institutions, the demand for AI and automation has surged significantly. The global AI and automation market is projected to reach USD 182 Bn, exhibiting a 22.8% CAGR during the forecast period.
The data and information about the AI and Automation in Banking Market are taken from reliable sources such as websites, annual reports of the companies, and journals, and then validated by the market experts which enhances the credibility of our insights. It covers major manufacturers, suppliers, distributors, traders, customers, investors, and major types, major applications. The principal players of the market are making moves like product launches, joint ventures, developments, mergers, and acquisitions which are affecting the market. This AI and Automation in Banking Market analysis report brings into light key market dynamics of the sector.
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Key Segments Covered in the AI and Automation in Baking Industry Report
- By Component
- AI and Automation in Banking Services
- AI and Automation in Banking Hardware
- AI and Automation in Banking Software
- By Technology
- Deep Learning & Machine Learning AI and Automation in Banking
- Natural Language Processing AI and Automation in Banking
- Computer Vision AI and Automation in Banking
- Others AI and Automation in Banking Technologies
- By Application
- AI and Automation in Banking for Customer Service
- AI and Automation in Banking for Back Office
- AI and Automation in Banking for Financial Advisory
- AI and Automation in Banking for Compliance and Security
- AI and Automation in Banking for Risk Management
- AI and Automation in Banking for Other Applications
- By Solution
- AI and Automation in Banking Customer Service Analytics
- AI and Automation in Banking Data Analytics & Visualization
- AI and Automation in Banking Fraud Detection
- AI and Automation in Banking Customer Relationship Management
- Other AI and Automation in Banking Solutions
- By Region
- North America
- Europe
- Asia-Pacific
- Middle East & Africa
- Latin America
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Key Companies Profiled
- Amazon Web Services Inc.
- Microsoft Corporation
- Google LLC
- Intel Corporation
- Oracle Corporation
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