Global AI in Banking market set to skyrocket to USD 310.79 billion by 2033

From GlobeNewswire: 2024-07-08 03:00:00

The Global AI In Banking Market is set to skyrocket from USD 20.87 Billion in 2023 to USD 310.79 Billion by 2033, with a CAGR of 31.01% during the projected period. AI is revolutionizing banking by enhancing customer satisfaction, security, and productivity, while reducing operating costs and providing personalized services. The banking industry’s increasing demand for customized AI solutions is driving the growth of AI in banking. North America is expected to dominate the global market, while Asia Pacific is predicted to grow the fastest. Major vendors in the market include IBM, Microsoft, Google Cloud, and AWS Inc. In May 2024, Setu introduced “Sesame,” a Large Language Model, to power various banking services. Browse key industry insights and market data tables on the “Global AI In Banking Market” for a detailed analysis and forecast. Get a PDF Brochure or buy the full report for more information.



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