In computer science, artificial intelligence (AI), sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans. Colloquially, the term "artificial intelligence" is often used to describe machines (or computers) that mimic "cognitive" functions that humans associate with the human mind, such as "learning" and "problem solving".
Financial institutions are focusing on developing autonomous solutions to not only gain a competitive edge but also efficiently cater to customer demand for personalized services and rewards. As a result, BFSI organizations have started integrating AI and Big Data analytics. AI-driven solutions are helping BFSI companies in automating data cleaning and organizing and data analysis while ensuring security. Furthermore, the IT systems integrated with AI and machine learning in BFSI enterprises are capable of self-management and self-repair.

Market Analysis and Insights: Global BFSI Artificial Intelligence Market
The global BFSI Artificial Intelligence market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global BFSI Artificial Intelligence market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global BFSI Artificial Intelligence market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global BFSI Artificial Intelligence market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global BFSI Artificial Intelligence market.

Global BFSI Artificial Intelligence Scope and Market Size
BFSI Artificial Intelligence market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global BFSI Artificial Intelligence market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Recommendation Engines
Chatbots
Predictive Analytics
Others

Segment by Application
Banking
Investment and Securities Management
Insurance

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Amazon Web Services, Inc.
Google LLC
IBM Corp.
Microsoft Corp.
Oracle Corp.