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Generative AI in Fintech Market Forecast

Report ID: FBI 4812

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Published Date: Jul-2024

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Format : PDF, Excel

Regional Forecast:

North America: The North American region accounts for a significant portion of the generative AI in Fintech market, with the United States and Canada being the key contributors. The presence of major fintech companies and technological advancements in AI have propelled the growth of the market in this region. The increasing adoption of generative AI solutions for various financial applications such as fraud detection, risk assessment, and customer service automation is driving the market growth in North America.

Asia Pacific: In the Asia Pacific region, countries like China, Japan, and South Korea are witnessing a rapid expansion of the generative AI in Fintech market. The increasing investments in AI technology, along with the growing demand for digital financial services, are fuelling the market growth in these countries. The rising adoption of AI-powered solutions by financial institutions to improve efficiency and customer experience is boosting the market growth in the Asia Pacific region.

Europe: Europe, specifically the United Kingdom, Germany, and France, is also experiencing significant growth in the generative AI in Fintech market. The region is home to a large number of fintech startups and established financial institutions that are increasingly incorporating AI technologies into their operations. The stringent regulatory environment in Europe is also driving the adoption of generative AI solutions for compliance and risk management purposes.

Generative AI in Fintech Market

Largest Region

North America

35% Market Share in 2023

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Generative AI In Fintech Market Size & Share, By C...

RD Code : 24