AI in Banking Market
AI in Banking Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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AI in Banking Market Size and Growth
The AI in Banking market is experiencing significant growth, driven by increased demand for automation, enhanced customer experiences, and risk management. As of 2023, the market size is projected to exceed $25 billion, reflecting a robust transition towards AI-driven solutions amid evolving regulatory and competitive landscapes in the financial sector.
Companies Covered
(Covid 19 Impact Covered)
◍ Blue Frog Robotics
◍ Bsh Hausgeräte
◍ Fanuc
◍ Hanson Robotics
◍ Harman International Industries
◍ IBM
◍ Intel
◍ Cisco Systems
◍ ABB
The AI in Banking Market features companies like IBM and Intel, leveraging AI for fraud detection and customer service. Cisco enhances network security, while ABB automates processes. Blue Frog Robotics and Hanson Robotics focus on customer interaction. These innovations drive efficiency, reducing costs and improving user experience in banking operations.
- IBM: $60 billion
- Intel: $79 billion
- Cisco: $49 billion
- Harman International: $8 billion
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Market Segmentation
By Application
Analytics
Chatbots
Robotic process automation (RPA)
By Product
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$ 178.80 Billion
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