LONDON--(BUSINESS WIRE)--Technavio has been monitoring the artificial intelligence (AI) market in BFSI sector and it is poised to grow by USD 11.94 bn during 2019-2023, progressing at a CAGR of over 32% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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The market is concentrated, and the degree of concentration will accelerate during the forecast period. Amazon Web Services Inc., Google LLC, IBM Corp., Microsoft Corp., and Oracle Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Focus on autonomous banking has been instrumental in driving the growth of the market.

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Artificial Intelligence (AI) Market in BFSI Sector 2019-2023: Segmentation

Artificial Intelligence (AI) Market in BFSI Sector is segmented as below:

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Artificial Intelligence (AI) Market in BFSI Sector 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The artificial intelligence (AI) market in BFSI sector report covers the following areas:

This study identifies the growing focus on personalized experience as one of the prime reasons driving the artificial intelligence (AI) market growth in BFSI sector during the next few years.

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Artificial Intelligence (AI) Market in BFSI Sector 2019-2023: Key Highlights

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY END-USER

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE

PART 13: VENDOR ANALYSIS

PART 14: APPENDIX

PART 15: EXPLORE TECHNAVIO

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COVID-19 Impact and Recovery Analysis | Artificial Intelligence (AI) Market In BFSI Sector 2019-2023 | Focus On Autonomous Banking to Boost Growth |...