Press release
Artificial Intelligence & Advanced Machine Learning Market in BFSI by solution, End user & key players, 2017-2023
Artificial Intelligence & Advanced Machine Learning Market
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The increase in complex data sets such as big data in banking industry fuels the growth for the market. In addition, the ability of these technologies to detect payment frauds further propels market growth. However, high initial investment costs and maintenance cost hinders the market. Advancements in data processing speeds and ability of these AI systems to spot nonstandard behavior patterns during auditing financial transactions are expected to make way for market growth.
The global artificial intelligence & advanced machine learning market is segmented on the basis of solution, end user, and region. On the basis of solution, it is bifurcated into smart wallets and voice-assisted banking. Based on end user, it is divided into insurance, banking, and capital markets. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Key players operating in this market are iCarbonX, Jibo. Inc, Next IT Corp., Prisma Labs, Inc., AIBrain, Quadratic Insights Pvt. Ltd., NVIDIA Corporation, Inbenta Technologies Inc., Numenta, and Intel Corporation.
Artificial Intelligence & Advanced Machine Learning Market in BFSI by solution (Smart Wallets and Voice Assisted Banking) and End User (Insurance, Banking, and Capital Markets) - Global Opportunity Analysis and Industry Forecast, 2017-2023
Key Benefits :
The study provides an in-depth analysis of the global artificial intelligence & advanced machine learning market and current & future trends to elucidate the imminent investment pockets.
Information about the key drivers, restrains, and opportunities is provided.
Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the market from 2017 to 2023 is provided to determine the market potential.
Artificial Intelligence & Advanced Machine Learning Market Key Segments:
By Solution
Smart Wallets
Voice-Assisted Banking
By End-user
Insurance
Banking and Capital Markets
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
Key Market Players Profiled In The Report
iCarbonX
Jibo. Inc
Next IT Corp.
Prisma Labs, Inc.
AIBrain
Quadratic Insights Pvt. Ltd.
NVIDIA Corporation
Inbenta Technologies Inc.
Numenta
Intel Corporation
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