AI in Fintech Market Outlook 2026 By Component, Services, Size, Share, Trends, Opportunity
According to TechSci Research, Global AI in Fintech market was valued USD 1770.52 million in 2019 and is forecast to exhibit a CAGR of 26.21% during 2021-2026, on account of technological advancements and surging penetration of internet. Fintech or financial technology is the name given to the new technological innovation that aims to compete with traditional financial methods in the delivery of financial services. Following banking sector, artificial intelligence (AI) is transforming the finance industry. Since AI helps to improve the efficiency and reduce the chances of error, the application of AI in Fintech is increasing at a rapid pace. Global AI in Fintech market can be categorized based on component, deployment mode, application and regional analysis. In the solution sub-segment, software tools segment is anticipated to acquire the largest market share, as it helps to extract large amount of data. Based on the deployment mode, global AI in Fintech market is bifurcated into...