Marketintelreports done Research on Cognitive Systems & Artificial Intelligence in BFSI Market and says that CAGR is expected to grow at 45.9% by 2022.
Cognitive Systems & Artificial Intelligence in BFSI Market report of 83 pages covers market analysis, market size with focus on trends, developments, mergers and acquisitions. Focuses on companies and end users.
(EMAILWIRE.COM, May 08, 2018 ) Singapore
About report:
Globally, BFSI is the second most customer data-centric industry, where players have a bundle of new business opportunities from Cognitive Systems and Artificial Intelligence (AI). It is an evolving data driven technology that works on on-premises and cloud-based software
The cognitive systems require AI platform to derive the complicated business issues.
Globally, the growing demand for digital technology and changing customer demands have led the BFSI players to adopt cognitive systems and AI implementation in their operations to deal with ever-changing regulatory & compliance laws to face the market risk and understand both income tax & corporate tax laws in an efficient way.
To access the full table of contents of the report click below: https://www.marketintelreports.com/report/vfg-002/cognitive-systems--artificial-intelligence-in-bfsi-market--global-drivers-opportunities-trends-and-forecasts-to-2022n
It is also showing a strong presence in analyzing consumer behavior patterns to bring new offerings and is finding new distribution channels for the financial institutions. Furthermore, IoT, cloud technology, edge computing, security related technology (blockchain), etc. are supporting the market growth
Market Analysis:
According to Research, the “Artificial Intelligence &Cognitive Systems and Artificial in BFSI” will witness a CAGR of 45.9% during the forecast period 2016–2022. The increasing usage of cloud-based solutions in the BFSI industry, rising demand for the data-driven solutions, increasing internet banking penetration, and scope of deriving market risk are fostering the market growth. The market is segmented into technologies, deployment types, verticals and regions.
Deployment Mode & Technology Analysis:
The market is segmented according to the deployment types offered by technology providers. There are two popular deployment types, namely on-premises and cloud-based services. At present, on-premises services are in high demand owing to its capability of delivering technological advancement to clients. Also, the demand for cloud-based services is expected to increase due to the rise in the number of medium-sized enterprises in financial services industry.
To find out more of the report or request some customization: https://www.marketintelreports.com/inquiry-before-buying.php?id=vfg-002
Region Analysis:
In terms of regions, the Americas is set to outperform for the market growth followed by Europe. The American Fintech ecosystem, changing customer expectations, government regulations, and the country’s technological advancement drive the innovation in AI technologies. Asia Pacific is expected to be the fastest growing market in the upcoming years. The US, the UK, Germany, China, Japan, Canada, and Singapore are few of the countries which are concentrating on developing AI technologies for the industrial and governmental use.
Key players & Benefits:
Some of the leading companies included in the report are IBM, Synechron, Micro Strategy, Infosys, Next IT Corp., Rocket Fuel Inc., and others.
The financial institutions create a competitive advantage with the use of these technologies. The leading global financial institutions are investing in AI space, and thus, BFSI is the most lucrative investment destination for cognitive systems and AI key stakeholders.
The study covers and analyzes the “Artificial Intelligence and Cognitive Systems in BFSI”. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market.
Table of contents:
1 Industry Outlook
1.1 Industry Overview
1.2 Industry Trends
1.3 Pest Analysis
2 Report Outline
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 Market Snapshot
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.3 Related Markets
4 Market Outlook
4.1 Overview
4.2 Market Trends
4.3 Market Definitions
4.4 Market Segmentations
4.5 Porter 5 (Five) Forces
5 Market Characteristics
5.1 Evolution
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Demand for the data driven solutions
5.2.1.2 Increasing the usage in market risk and fraud detection
5.2.1.3 Increasing usage of technologies in the BFSI Industry
5.2.1.4 Increasing Digitalization of Banking services
5.2.1.5 Dealing with complex financial compliance laws
5.2.1.6 Demand technology driven customer services
5.2.2 Restraints
5.2.2.1 Government regulations
5.2.2.2 Excessive cost of ownership
5.2.3 Opportunities
5.2.3.1 Understanding Human emotions
5.2.3.2 Developing smarter robots
5.2.4 DRO – Impact Analysis
5.2.5 Future of AI
6 Deployment Type: Market Size & Analysis
6.1 Overview
6.2 On Premises
6.3 Cloud
7 Technologies: Market Size & Analysis
7.1 Overview
7.2 Machine Learning
7.3 Deep Learning
7.4 Natural Language Processing
7.5 Image processing and Video recognition
Continues.......
Complete report details @ https://www.marketintelreports.com/report/vfg-002/cognitive-systems--artificial-intelligence-in-bfsi-market--global-drivers-opportunities-trends-and-forecasts-to-2022n
About us:
MIR intends to be a one-stop shop with an intuitive design, exhaustive database, expert assistance, secure cart checkout and data privacy integrated. It curates the list of reports, publishers and studies to ensure that the database is constantly updated to dynamically meet the targeted, specific needs of our clients.
MarketIntelReports currently has more than 2.5 million titles and 200 publishers on our platform and are growing consistently to fill the “World Intelligence Demand – Supply Gap”. We cover more than 15 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Building & Construction, Agriculture, Food & Beverages, Banking & Finance, Media and Government, Public Sector Studies.
About report:
Globally, BFSI is the second most customer data-centric industry, where players have a bundle of new business opportunities from Cognitive Systems and Artificial Intelligence (AI). It is an evolving data driven technology that works on on-premises and cloud-based software
The cognitive systems require AI platform to derive the complicated business issues.
Globally, the growing demand for digital technology and changing customer demands have led the BFSI players to adopt cognitive systems and AI implementation in their operations to deal with ever-changing regulatory & compliance laws to face the market risk and understand both income tax & corporate tax laws in an efficient way.
To access the full table of contents of the report click below: https://www.marketintelreports.com/report/vfg-002/cognitive-systems--artificial-intelligence-in-bfsi-market--global-drivers-opportunities-trends-and-forecasts-to-2022n
It is also showing a strong presence in analyzing consumer behavior patterns to bring new offerings and is finding new distribution channels for the financial institutions. Furthermore, IoT, cloud technology, edge computing, security related technology (blockchain), etc. are supporting the market growth
Market Analysis:
According to Research, the “Artificial Intelligence &Cognitive Systems and Artificial in BFSI” will witness a CAGR of 45.9% during the forecast period 2016–2022. The increasing usage of cloud-based solutions in the BFSI industry, rising demand for the data-driven solutions, increasing internet banking penetration, and scope of deriving market risk are fostering the market growth. The market is segmented into technologies, deployment types, verticals and regions.
Deployment Mode & Technology Analysis:
The market is segmented according to the deployment types offered by technology providers. There are two popular deployment types, namely on-premises and cloud-based services. At present, on-premises services are in high demand owing to its capability of delivering technological advancement to clients. Also, the demand for cloud-based services is expected to increase due to the rise in the number of medium-sized enterprises in financial services industry.
To find out more of the report or request some customization: https://www.marketintelreports.com/inquiry-before-buying.php?id=vfg-002
Region Analysis:
In terms of regions, the Americas is set to outperform for the market growth followed by Europe. The American Fintech ecosystem, changing customer expectations, government regulations, and the country’s technological advancement drive the innovation in AI technologies. Asia Pacific is expected to be the fastest growing market in the upcoming years. The US, the UK, Germany, China, Japan, Canada, and Singapore are few of the countries which are concentrating on developing AI technologies for the industrial and governmental use.
Key players & Benefits:
Some of the leading companies included in the report are IBM, Synechron, Micro Strategy, Infosys, Next IT Corp., Rocket Fuel Inc., and others.
The financial institutions create a competitive advantage with the use of these technologies. The leading global financial institutions are investing in AI space, and thus, BFSI is the most lucrative investment destination for cognitive systems and AI key stakeholders.
The study covers and analyzes the “Artificial Intelligence and Cognitive Systems in BFSI”. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market.
Table of contents:
1 Industry Outlook
1.1 Industry Overview
1.2 Industry Trends
1.3 Pest Analysis
2 Report Outline
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 Market Snapshot
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.3 Related Markets
4 Market Outlook
4.1 Overview
4.2 Market Trends
4.3 Market Definitions
4.4 Market Segmentations
4.5 Porter 5 (Five) Forces
5 Market Characteristics
5.1 Evolution
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Demand for the data driven solutions
5.2.1.2 Increasing the usage in market risk and fraud detection
5.2.1.3 Increasing usage of technologies in the BFSI Industry
5.2.1.4 Increasing Digitalization of Banking services
5.2.1.5 Dealing with complex financial compliance laws
5.2.1.6 Demand technology driven customer services
5.2.2 Restraints
5.2.2.1 Government regulations
5.2.2.2 Excessive cost of ownership
5.2.3 Opportunities
5.2.3.1 Understanding Human emotions
5.2.3.2 Developing smarter robots
5.2.4 DRO – Impact Analysis
5.2.5 Future of AI
6 Deployment Type: Market Size & Analysis
6.1 Overview
6.2 On Premises
6.3 Cloud
7 Technologies: Market Size & Analysis
7.1 Overview
7.2 Machine Learning
7.3 Deep Learning
7.4 Natural Language Processing
7.5 Image processing and Video recognition
Continues.......
Complete report details @ https://www.marketintelreports.com/report/vfg-002/cognitive-systems--artificial-intelligence-in-bfsi-market--global-drivers-opportunities-trends-and-forecasts-to-2022n
About us:
MIR intends to be a one-stop shop with an intuitive design, exhaustive database, expert assistance, secure cart checkout and data privacy integrated. It curates the list of reports, publishers and studies to ensure that the database is constantly updated to dynamically meet the targeted, specific needs of our clients.
MarketIntelReports currently has more than 2.5 million titles and 200 publishers on our platform and are growing consistently to fill the “World Intelligence Demand – Supply Gap”. We cover more than 15 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Building & Construction, Agriculture, Food & Beverages, Banking & Finance, Media and Government, Public Sector Studies.
Contact Information:
MarketIntelReports
Lakshmi
Tel: 1-302-261-5343
Email us
----
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MarketIntelReports
Lakshmi
Tel: 1-302-261-5343
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results