PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1351345
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1351345
According to SPER Market Research, 'AI in Fintech Market Size- By Components, By Deployment, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the AI in Fintech Market is predicted to reach USD 92.30 billion by 2033 with a CAGR of 22.71%.
The term "fintech," or financial technology, makes it apparent that it refers to the integration of cutting-edge technologies, such artificial intelligence, with financial services to assist prevent fraudulent activity. Artificial intelligence plays a key part in fintech by making robo-advisors' ability to offer financial planning services more efficient.
The market has grown during the pandemic due to the adoption of artificial intelligence (AI) by a number of industries, including banks and financial institutions. The COVID-19 has significantly sped up the adoption of digital payment options by the general public. During the epidemic, customers also desired new payment methods that were simple, automatic, and well-liked, as well as efficient and improved user experiences.