NEW YORK, May 26, 2023 /PRNewswire/ — The artificial intelligence in asset management market size is set to grow by USD 10,373.18 million from 2022 to 2027 and register a CAGR of 37.88%, according to Technavio’s latest market research report. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by way of synthesis, and summation of data from multiple sources. Technavio offers in-depth market insights that assist global businesses to obtain growth opportunities. Read Sample Report

The report also covers the following areas:

• Artificial Intelligence in Asset Management Market size
• Artificial Intelligence in Asset Management Market trends
• Artificial Intelligence in Asset Management Market industry analysis

Artificial Intelligence in Asset Management Market 2023-2027: Segmentation

The Artificial Intelligence (AI) in Asset Management Market is segmented as follows:

• Deployment 
• On-premises
• Cloud
• Industry application 
• BSFI
• Retail and e-commerce
• Healthcare
• Energy and utilities
• Others
• Geography 
• North America
• Europe
• APAC
• Middle East And Africa
• South America

The market share growth by the on-premises segment will be significant for overall market growth during the forecast period. On-premises solutions have better performance and faster response times due to the fact that the data is processed locally on the company’s servers. For instance, financial institutions are increasingly interested in on-premises artificial intelligence solutions for wealth management. Banks and other financial institutions deal with large amounts of sensitive data every day and to effectively manage this data, on-premises solutions provide the necessary level of customization and security. Thus, the increase and advancement of on-premises capabilities are expected to drive the growth of the segment during the forecast period.

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Artificial Intelligence in Asset Management Market 2023-2027: Vendor Analysis and Scope

Some of the major vendors of the artificial intelligence in asset management market include Amazon.com Inc., AXOVISION GmbH, BlackRock Inc., Deloitte Touche Tohmatsu Ltd., Genpact Ltd., Infosys Ltd., International Business Machines Corp., Lexalytics Inc., Microsoft Corp., New Narrative Ltd., Salesforce Inc., and The Charles Schwab Corp.. To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 15+ vendors operating in the market.
Vendor Offerings

• Amazon.com Inc. – The company offers artificial intelligence asset management services through Amazon Web services.
• AXOVISION GmbH – The company offers artificial intelligence asset management services such as drift handling, hypothesis-free analysis.
• BlackRock Inc. – The company offers artificial intelligence asset management services for generating alpha, managing risk, and enhancing operational efficiency.

The artificial intelligence in asset management market is concentrated, and the degree of concentration will accelerate. The rapid adoption of artificial intelligence in asset management and growing importance of asset tracking will offer immense growth opportunities. However, the Rising number of data privacy and cybersecurity will hamper the market growth.

Artificial Intelligence in Asset Management Market 2023-2027: Market Dynamics

Drivers

• The rapid adoption of artificial intelligence in asset management and the growing importance of asset tracking is a significant driving factor for Artificial Intelligence in Asset Management Market.
• Artificial Intelligence is changing the way assets are tracked and managed; with IoT, assets can be equipped with sensors and other devices to collect data about their condition, location, and usage.
• The data feeds into artificial intelligence algorithms that provide real-time insights into asset health, availability, and utilization, enabling asset managers to optimize asset utilization, minimize downtime, reduce costs, and maximize revenue.
• Hence, such drivers boost the market growth of the market during the forecast period.

Trends

• The growing adoption of cloud-based artificial intelligence services in asset management is the major trend in the global artificial intelligence (AI) in asset management market growth. 
• Asset management is an important part of any business. Moreover, recent technological advances have led wealth managers to increasingly turn to cloud-based artificial intelligence services to improve their efficiency and decision-making capabilities. 
• Cloud-based artificial intelligence services are growing in popularity among asset managers as a result of their cost efficiency and scalability. 
• Hence, such factors are expected to drive the growth of AI in the asset management market during the forecast period. 

Challenges

• The rising number of data privacy and cybersecurity is a major challenge hindering the growth of global artificial intelligence (AI) in the asset management market. 
• A major issue is the use of external data sources, which may lead to data access and ownership issues.
• When artificial intelligence systems rely on such data sources, it can become difficult to verify data processing and determine information ownership.
• In addition, there have been instances of data sources being hacked and third parties gaining unauthorized access to the data and using it.
• Thus, such challenges impede market growth during the forecast period.

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Artificial Intelligence in Asset Management Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist artificial intelligence in asset management market growth during the next five years
• Estimation of the artificial intelligence in asset management market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the artificial intelligence in asset management market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of artificial intelligence in asset management market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Industry Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global artificial intelligence in asset management market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on global artificial intelligence in asset management market 2017 – 2021 ($ million)

• 4.2 Deployment Segment Analysis 2017 – 2021
• Exhibit 19: Historic Market Size – Deployment Segment 2017 – 2021 ($ million)

• 4.3 Industry Application Segment Analysis 2017 – 2021
• Exhibit 20: Historic Market Size – Industry Application Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Deployment

• 6.1 Market segments 
• Exhibit 30: Chart on Deployment – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Deployment – Market share 2022-2027 (%)

• 6.2 Comparison by Deployment 
• Exhibit 32: Chart on Comparison by Deployment
• Exhibit 33: Data Table on Comparison by Deployment

• 6.3 On-premises – Market size and forecast 2022-2027
• Exhibit 34: Chart on On-premises – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on On-premises – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on On-premises – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on On-premises – Year-over-year growth 2022-2027 (%)

• 6.4 Cloud – Market size and forecast 2022-2027
• Exhibit 38: Chart on Cloud – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Cloud – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Cloud – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Cloud – Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Deployment 
• Exhibit 42: Market opportunity by Deployment ($ million)
• Exhibit 43: Data Table on Market opportunity by Deployment ($ million)

7 Market Segmentation by Industry Application

• 7.1 Market segments 
• Exhibit 44: Chart on Industry Application – Market share 2022-2027 (%)
• Exhibit 45: Data Table on Industry Application – Market share 2022-2027 (%)

• 7.2 Comparison by Industry Application 
• Exhibit 46: Chart on Comparison by Industry Application
• Exhibit 47: Data Table on Comparison by Industry Application

• 7.3 BFSI – Market size and forecast 2022-2027
• Exhibit 48: Chart on BFSI – Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on BFSI – Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on BFSI – Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on BFSI – Year-over-year growth 2022-2027 (%)

• 7.4 Retail and e-commerce – Market size and forecast 2022-2027 
• Exhibit 52: Chart on Retail and e-commerce – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Retail and e-commerce – Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Retail and e-commerce – Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Retail and e-commerce – Year-over-year growth 2022-2027 (%)

• 7.5 Healthcare – Market size and forecast 2022-2027
• Exhibit 56: Chart on Healthcare – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Healthcare – Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Healthcare – Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Healthcare – Year-over-year growth 2022-2027 (%)

• 7.6 Energy and utilities – Market size and forecast 2022-2027 
• Exhibit 60: Chart on Energy and utilities – Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Energy and utilities – Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Energy and utilities – Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Energy and utilities – Year-over-year growth 2022-2027 (%)

• 7.7 Others – Market size and forecast 2022-2027
• Exhibit 64: Chart on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Others – Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Others – Year-over-year growth 2022-2027 (%)

• 7.8 Market opportunity by Industry Application
• Exhibit 68: Market opportunity by Industry Application ($ million)
• Exhibit 69: Data Table on Market opportunity by Industry Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 71: Chart on Market share by geography 2022-2027 (%)
• Exhibit 72: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 73: Chart on Geographic comparison
• Exhibit 74: Data Table on Geographic comparison

• 9.3 North America – Market size and forecast 2022-2027
• Exhibit 75: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.4 Europe – Market size and forecast 2022-2027
• Exhibit 79: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.5 APAC – Market size and forecast 2022-2027
• Exhibit 83: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 87: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.7 South America – Market size and forecast 2022-2027
• Exhibit 91: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027
• Exhibit 95: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 China – Market size and forecast 2022-2027
• Exhibit 99: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.10 Germany – Market size and forecast 2022-2027
• Exhibit 103: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.11 UK – Market size and forecast 2022-2027
• Exhibit 107: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.12 France – Market size and forecast 2022-2027
• Exhibit 111: Chart on France – Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on France – Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on France – Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on France – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 115: Market opportunity by geography ($ million)
• Exhibit 116: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 117: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 118: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 119: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 120: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 121: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 122: Matrix on vendor position and classification

• 12.3 Amazon.com Inc. 
• Exhibit 123: Amazon.com Inc. – Overview
• Exhibit 124: Amazon.com Inc. – Business segments
• Exhibit 125: Amazon.com Inc. – Key news
• Exhibit 126: Amazon.com Inc. – Key offerings
• Exhibit 127: Amazon.com Inc. – Segment focus

• 12.4 AXOVISION GmbH 
• Exhibit 128: AXOVISION GmbH – Overview
• Exhibit 129: AXOVISION GmbH – Product / Service
• Exhibit 130: AXOVISION GmbH – Key offerings

• 12.5 BlackRock Inc. 
• Exhibit 131: BlackRock Inc. – Overview
• Exhibit 132: BlackRock Inc. – Product / Service
• Exhibit 133: BlackRock Inc. – Key offerings

• 12.6 Deloitte Touche Tohmatsu Ltd. 
• Exhibit 134: Deloitte Touche Tohmatsu Ltd. – Overview
• Exhibit 135: Deloitte Touche Tohmatsu Ltd. – Business segments
• Exhibit 136: Deloitte Touche Tohmatsu Ltd. – Key offerings
• Exhibit 137: Deloitte Touche Tohmatsu Ltd. – Segment focus

• 12.7 Genpact Ltd. 
• Exhibit 138: Genpact Ltd. – Overview
• Exhibit 139: Genpact Ltd. – Business segments
• Exhibit 140: Genpact Ltd. – Key news
• Exhibit 141: Genpact Ltd. – Key offerings
• Exhibit 142: Genpact Ltd. – Segment focus

• 12.8 Infosys Ltd. 
• Exhibit 143: Infosys Ltd. – Overview
• Exhibit 144: Infosys Ltd. – Business segments
• Exhibit 145: Infosys Ltd. – Key news
• Exhibit 146: Infosys Ltd. – Key offerings
• Exhibit 147: Infosys Ltd. – Segment focus

• 12.9 International Business Machines Corp.
• Exhibit 148: International Business Machines Corp. – Overview
• Exhibit 149: International Business Machines Corp. – Business segments
• Exhibit 150: International Business Machines Corp. – Key news
• Exhibit 151: International Business Machines Corp. – Key offerings
• Exhibit 152: International Business Machines Corp. – Segment focus

• 12.10 Lexalytics Inc. 
• Exhibit 153: Lexalytics Inc. – Overview
• Exhibit 154: Lexalytics Inc. – Product / Service
• Exhibit 155: Lexalytics Inc. – Key offerings

• 12.11 Microsoft Corp. 
• Exhibit 156: Microsoft Corp. – Overview
• Exhibit 157: Microsoft Corp. – Business segments
• Exhibit 158: Microsoft Corp. – Key news
• Exhibit 159: Microsoft Corp. – Key offerings
• Exhibit 160: Microsoft Corp. – Segment focus

• 12.12 New Narrative Ltd. 
• Exhibit 161: New Narrative Ltd. – Overview
• Exhibit 162: New Narrative Ltd. – Product / Service
• Exhibit 163: New Narrative Ltd. – Key offerings

• 12.13 Salesforce Inc. 
• Exhibit 164: Salesforce Inc. – Overview
• Exhibit 165: Salesforce Inc. – Product / Service
• Exhibit 166: Salesforce Inc. – Key news
• Exhibit 167: Salesforce Inc. – Key offerings

• 12.14 The Charles Schwab Corp. 
• Exhibit 168: The Charles Schwab Corp. – Overview
• Exhibit 169: The Charles Schwab Corp. – Business segments
• Exhibit 170: The Charles Schwab Corp. – Key offerings
• Exhibit 171: The Charles Schwab Corp. – Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 172: Inclusions checklist
• Exhibit 173: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 174: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 175: Research methodology
• Exhibit 176: Validation techniques employed for market sizing
• Exhibit 177: Information sources

• 13.5 List of abbreviations 
• Exhibit 178: List of abbreviations

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