Valued to be $28.8 Billion by 2026, Artificial Intelligence (AI) in Fintech Slated for Robust Growth Worldwide

Press Releases

Aug 26, 2021

SAN FRANCISCO, Aug. 26, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Artificial Intelligence (AI) in Fintech – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 5; Released: May 2021
Executive Pool: 133901
Companies: 439 – Players covered include Amazon Web Services; Complyadvantage.Com; Google; IBM; Inbenta Technologies; Intel; Ipsoft; Microsoft; Next It Corp.; Nuance Communications; Narrative Science; Salesforce.Com; Samsung and Others.
Coverage: All major geographies and key segments
Segments: Component (Solutions, Services); Deployment (Cloud, On-Premise); Application (Business Analytics & Reporting, Customer Behavioral Analytics, Virtual Assistant, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Artificial Intelligence (AI) in Fintech Market to Reach $28.8 Billion by 2026
Amid the COVID-19 crisis, the global market for Artificial Intelligence (AI) in Fintech estimated at US$3.6 Billion in the year 2020, is projected to reach a revised size of US$28.8 Billion by 2026, growing at a CAGR of 37.9% over the analysis period. Solutions, one of the segments analyzed in the report, is projected to record 36.9% CAGR and reach US$19.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 39.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.5 Billion in 2021, While China is Forecast to Reach $4.2 Billion by 2026
The Artificial Intelligence (AI) in Fintech market in the U.S. is estimated at US$1.5 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.2 Billion by the year 2026 trailing a CAGR of 36.7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 34.2% and 32.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 26.7% CAGR. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com

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SOURCE Global Industry Analysts, Inc.

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