Assessing $36 Billion+ FinTech Industry Trends and Opportunities, 2027 – Growing Use of Smart Contracts for Financial Processes Drives Growth –

DUBLIN–(BUSINESS WIRE)–Report “AI in Fintech Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” has been added to from offer.

The global AI in fintech market reached a value of US$9.4 billion in 2021. Going forward, the market is expected to reach US$36.1 billion by 2027, showing a CAGR of 26.1% in 2022-2027.

The rapid digitization of the banking, financial services and insurance (BFSI) sector across the globe is one of the major factors driving the growth of the market. AI in fintech is widely used for virtual assistance, debt collection, sentiment and forecast analysis, reporting, and customer behavior analysis. It improves efficiency, minimizes the risk of human error, and can process large volumes of data in a short time.

With this in mind, AI also assists in the automated, real-time review of cash, credit, and investment accounts to analyze an individual’s financial health and generate personalized insights for future growth. Moreover, various technological advancements, such as the integration of fintech solutions with machine learning (ML), neural network, big data, and evolutionary algorithms act as other growth-inducing factors. These technologies provide enhanced monitoring of financial transactions, risk management, voice recognition and secure network access to banking institutions.

Other factors, including the increasing use of smart contracts for financial processes, along with significant improvements in information technology (IT) infrastructure, are expected to drive the market towards growth.

Key market segmentation

This report provides an analysis of the main trends in each sub-segment of the global AI in Fintech market, as well as forecasts at the global, regional and country levels from 2022 to 2027. The report has categorized the market based on type, deployment model, application, and region.

Competitive landscape

The competitive landscape of the industry has also been reviewed along with the profiles of major players i.e. Amazon Web Services Inc. ( Inc.), Google LLC (Alphabet Inc.), Inbenta Technologies Inc., Intel Corporation, International Business Machines. Corporation, Microsoft Corporation, Inc., Samsung Electronics Co. Ltd., TIBCO Software Inc., Trifacta and Verint Systems Inc.

Answers to key questions

  • How has the global AI in fintech market behaved so far and how will it behave in the coming years?

  • What has been the impact of COVID-19 on the global AI in fintech market?

  • What are the main regional markets?

  • What is the market breakdown by type?

  • What is the market breakdown by deployment model?

  • What is the market breakdown by application?

  • What are the different stages of the industry value chain?

  • What are the key drivers and challenges in the industry?

  • What is the structure of the global AI in fintech market and who are the main players?

  • How competitive is the industry?

Main topics covered

1 Preface

2 Scope and methodology

2.1 Objectives of the study

2.2 Stakeholders

2.3 Data sources

2.4 Market Estimation

2.5 Forecasting methodology

3 Executive Summary

4 Presentation

4.1 Overview

4.2 Key Industry Trends

5 Global AI in Fintech Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakdown by Type

6.1 Workarounds

6.2 Services

7 Market Breakdown by Deployment Model

7.1 Cloud-based

7.2 On-site

8 Market Breakdown by Application

8.1 Virtual assistant (chatbots)

8.2 Credit score

8.3 Quantitative management and asset management

8.4 Fraud detection

8.5 Others

9 Market Breakdown by Region

9.1 North America

9.2 Asia-Pacific

9.3 Europe

9.4 Latin America

9.5 Middle East and Africa

10 SWOT Analysis

10.1 Overview

10.2 Strengths

10.3 Weaknesses

10.4 Opportunities

10.5 Threats

11 Value chain analysis

12 Analysis of the five forces of carriers

12.1 Overview

12.2 Bargaining power of buyers

12.3 Bargaining Power of Suppliers

12.4 Degree of competition

12.5 Threat of new entrants

12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

14.1 Market structure

14.2 Major Players

14.3 Profiles of Key Players

14.3.1 Amazon Web Services Inc. ( Inc.)

14.3.2 Google LLC (Alphabet Inc.)

14.3.3 Inbenta Technologies Inc.

14.3.4 Intel Corporation

14.3.5 International Commercial Machinery Society

14.3.6 Microsoft Corporation

14.3.7 Inc.

14.3.8 Samsung Electronics Co. Ltd.

14.3.9 TIBCO Software Inc.

14.3.10 Trifacta

14.3.11 Verint Systems Inc.

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