IT Intelligence Markets

+33% CAGR to Be Achieved by AI in Fintech Market by Extensive Market Growth

AI in Fintech Market To Grow at a CAGR of +33% by 2023 |Know about industry Trends, Opportunities, Size, Share, Strategies, growth and Analysis

 

Pune, India -- (SBWIRE) -- 06/15/2018 -- In the solutions segment, the software tools solution is expected to have the largest market share, whereas platforms solution is expected to be the highest contributor during the forecast period. Software tools help in deploying AI enabled solutions in the finance sector to extract a large amount of data, as well as accurate and complete data on time.

Financial companies were early adopters of a relational database and mainframe computers, moreover, the industry is one of the early integrators of artificial integration in their daily operation to enhance the customer experience and handle growing big data. The inclusion of artificial intelligence improves results through implementation of sophisticated algorithms and understanding consumer behavior. The ever-increasing number customers in the financial industry are giving tough times to accommodate and attend every service request humanely whereas Chabot, an automated chat box helps in monitoring and replying near a specific resolution to consumers is expected to have a positive impact on the market growth over the forecast period.

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Top Key Vendors:
IBM, Intel, ComplyAdvantage.com, Amazon Web Services, Inc., Samsung Group, IPsoft Inc., Next IT Corp, and Microsoft Corporation

Fintech space is one of the fastest growing industries across the globe owing to rising penetration of internet users. The users are rapidly switching to mobile devices to perform a transaction or related actions, owing to rising ease and growing internet user base. The third-party applications such as WhatsApp have integrated in-app transaction system in specific regions including the Asia Pacific. This will raise the bar for cyber-attacks and possibilities for fraud owing to which the incorporation of artificial intelligence is expected to gain traction and propel the market growth over the forecast period.

The outstanding players running the global AI in FinTech market have been profiled in this report with the intent of examining their set up. The company overview, commercial performance, and the recent developments of these players are furnished. The research also reports the mergers and acquisitions in the AI in FinTech market to expand the product portfolio.

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Table Of Content:

Chapter 1 Industry Overview of AI in FinTech Market

Chapter 2 Manufacturing Cost Structure Analysis of AI in FinTech Market

Chapter 3 Technical Data and Manufacturing Plants Analysis of AI in FinTech Market

Chapter 4 Global AI in FinTech Overall Market Overview

Chapter 5 AI in FinTech Regional Market Analysis

Chapter 6 Major Manufacturers Analysis of AI in FinTech

Chapter 7 Development Trend of Analysis of AI in FinTech Market

Chapter 8 AI in FinTech Marketing Type Analysis

Chapter 9 Conclusion of the Global AI in FinTech Market Professional Survey Report 2018

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