ARTIFICIAL INTELLIGENCE (AI) MARKET 2021 –2030 Insights and Analysis by Stallion Market Research

GEORGETOWN, Texas - May 6, 2021 - PRLog -- The AI market report provides a detailed forecast and analysis for the global market during the period 2021-2030

This report analysis the current market dynamics to provide in-depth insights for the current scenario, as well as the market scenario in future.

The AI market is segmented based on End Use:

• Healthcare
• BFSI
• Retail
• Advertising and Media
• Automotive and Transportation
• Agriculture
• Manufacturing
• Others

Complete analysis of Product segment is also covered including:

• Hardware
• Software
• Services

Complete analysis of Application segment is also covered including:

• Analytics
• Chatbots
• Robotic Process Automation (RPA)

Regions covered in AI Market include:

• Asia-Pacific
• Europe
• Middle East and Africa
• North America
• South America

To know the fastest growing segment and the opportunities areas go to : https://bit.ly/3uBFXLD

In recent years, financial institutions have started to use artificial intelligence (AI) technologies to manage their financial assets and reduce running costs, thus rising profits. Several fintech firms and banks are increasingly deploying voice assistants and chat-bots to handle consumer and answer problems with limited human intervention. Machine learning, machine vision, and speech recognition technology are in high demand. In 2020, the global AI industry in the financial sector was predicted to be worth USD 8 billion, with a projected to USD reach around 26 billion by 2025. Over the projected timeframe, the market is predicted to grow at a CAGR of 22 percent.

The following companies are among the leading providers of artificial intelligence in financial asset management solutions worldwide:

• Genpact
• IBM
• Infosys
• Synechron
• Next IT
• IPsoft
• Narrative Science

There is increasing adoption of AI tools in BFSI sector, as these tools provide a  variety of applications, such as identifying illegal practices and giving customized guidance to consumers.

The combination of AI and Cloud Computing is set boost market opportunities for large and small businesses in the future.

For more insights on Artificial Intelligence Market go to : https://bit.ly/3uBFXLD