Artificial Intelligence (AI) in Banking Market Size, Share, and Trends 2024 to 2034

The global artificial intelligence (AI) in banking market size is calculated at USD 34.58 billion in 2025 and is forecasted to reach around USD 379.41 billion by 2034, accelerating at a CAGR of 30.63% from 2025 to 2034. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : February 2025
  • Report Code : 4445
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Artificial Intelligence (AI) in Banking Market 

5.1. COVID-19 Landscape: Artificial Intelligence (AI) in Banking Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Artificial Intelligence (AI) in Banking Market, By Component

8.1. Artificial Intelligence (AI) in Banking Market, by Component

8.1.1. Service

8.1.1.1. Market Revenue and Forecast

8.1.2. Solution

8.1.2.1. Market Revenue and Forecast

Chapter 9. Global Artificial Intelligence (AI) in Banking Market, By Application

9.1. Artificial Intelligence (AI) in Banking Market, by Application

9.1.1. Risk Management

9.1.1.1. Market Revenue and Forecast

9.1.2. Customer Service

9.1.2.1. Market Revenue and Forecast

9.1.3. Virtual Assistant

9.1.3.1. Market Revenue and Forecast

9.1.4. Financial Advisory

9.1.4.1. Market Revenue and Forecast

9.1.5. Others

9.1.5.1. Market Revenue and Forecast

Chapter 10. Global Artificial Intelligence (AI) in Banking Market, By Technology 

10.1. Artificial Intelligence (AI) in Banking Market, by Technology

10.1.1. Natural Language Processing (NLP)

10.1.1.1. Market Revenue and Forecast

10.1.2. Machine Learning & Deep Learning

10.1.2.1. Market Revenue and Forecast

10.1.3. Computer Vision

10.1.3.1. Market Revenue and Forecast

10.1.4. Other

10.1.4.1. Market Revenue and Forecast

Chapter 11. Global Artificial Intelligence (AI) in Banking Market, By Enterprise Size 

11.1. Artificial Intelligence (AI) in Banking Market, by Enterprise Size

11.1.1. Large Enterprise

11.1.1.1. Market Revenue and Forecast

11.1.2. SMEs

11.1.2.1. Market Revenue and Forecast

Chapter 12. Global Artificial Intelligence (AI) in Banking Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Component

12.1.2. Market Revenue and Forecast, by Application

12.1.3. Market Revenue and Forecast, by Technology

12.1.4. Market Revenue and Forecast, by Enterprise Size

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Component

12.1.5.2. Market Revenue and Forecast, by Application

12.1.5.3. Market Revenue and Forecast, by Technology

12.1.5.4. Market Revenue and Forecast, by Enterprise Size

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Component

12.1.6.2. Market Revenue and Forecast, by Application

12.1.6.3. Market Revenue and Forecast, by Technology

12.1.6.4. Market Revenue and Forecast, by Enterprise Size

12.2. Europe

12.2.1. Market Revenue and Forecast, by Component

12.2.2. Market Revenue and Forecast, by Application

12.2.3. Market Revenue and Forecast, by Technology

12.2.4. Market Revenue and Forecast, by Enterprise Size

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Component

12.2.5.2. Market Revenue and Forecast, by Application

12.2.5.3. Market Revenue and Forecast, by Technology

12.2.5.4. Market Revenue and Forecast, by Enterprise Size

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Component

12.2.6.2. Market Revenue and Forecast, by Application

12.2.6.3. Market Revenue and Forecast, by Technology

12.2.6.4. Market Revenue and Forecast, by Enterprise Size

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Component

12.2.7.2. Market Revenue and Forecast, by Application

12.2.7.3. Market Revenue and Forecast, by Technology

12.2.7.4. Market Revenue and Forecast, by Enterprise Size

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Component

12.2.8.2. Market Revenue and Forecast, by Application

12.2.8.3. Market Revenue and Forecast, by Technology

12.2.8.4. Market Revenue and Forecast, by Enterprise Size

12.3. APAC

12.3.1. Market Revenue and Forecast, by Component

12.3.2. Market Revenue and Forecast, by Application

12.3.3. Market Revenue and Forecast, by Technology

12.3.4. Market Revenue and Forecast, by Enterprise Size

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Component

12.3.5.2. Market Revenue and Forecast, by Application

12.3.5.3. Market Revenue and Forecast, by Technology

12.3.5.4. Market Revenue and Forecast, by Enterprise Size

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Component

12.3.6.2. Market Revenue and Forecast, by Application

12.3.6.3. Market Revenue and Forecast, by Technology

12.3.6.4. Market Revenue and Forecast, by Enterprise Size

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Component

12.3.7.2. Market Revenue and Forecast, by Application

12.3.7.3. Market Revenue and Forecast, by Technology

12.3.7.4. Market Revenue and Forecast, by Enterprise Size

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Component

12.3.8.2. Market Revenue and Forecast, by Application

12.3.8.3. Market Revenue and Forecast, by Technology

12.3.8.4. Market Revenue and Forecast, by Enterprise Size

12.4. MEA

12.4.1. Market Revenue and Forecast, by Component

12.4.2. Market Revenue and Forecast, by Application

12.4.3. Market Revenue and Forecast, by Technology

12.4.4. Market Revenue and Forecast, by Enterprise Size

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Component

12.4.5.2. Market Revenue and Forecast, by Application

12.4.5.3. Market Revenue and Forecast, by Technology

12.4.5.4. Market Revenue and Forecast, by Enterprise Size

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Component

12.4.6.2. Market Revenue and Forecast, by Application

12.4.6.3. Market Revenue and Forecast, by Technology

12.4.6.4. Market Revenue and Forecast, by Enterprise Size

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Component

12.4.7.2. Market Revenue and Forecast, by Application

12.4.7.3. Market Revenue and Forecast, by Technology

12.4.7.4. Market Revenue and Forecast, by Enterprise Size

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Component

12.4.8.2. Market Revenue and Forecast, by Application

12.4.8.3. Market Revenue and Forecast, by Technology

12.4.8.4. Market Revenue and Forecast, by Enterprise Size

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Component

12.5.2. Market Revenue and Forecast, by Application

12.5.3. Market Revenue and Forecast, by Technology

12.5.4. Market Revenue and Forecast, by Enterprise Size

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Component

12.5.5.2. Market Revenue and Forecast, by Application

12.5.5.3. Market Revenue and Forecast, by Technology

12.5.5.4. Market Revenue and Forecast, by Enterprise Size

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Component

12.5.6.2. Market Revenue and Forecast, by Application

12.5.6.3. Market Revenue and Forecast, by Technology

12.5.6.4. Market Revenue and Forecast, by Enterprise Size

Chapter 13. Company Profiles

13.1. Amazon Web Services, Inc.

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Capital One

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Cisco Systems, Inc.

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. FAIR ISAAC CORPORATION (FICO)

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Goldman Sachs

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. International Business Machines Corporation

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. JPMorgan Chase & Co.

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. NVIDIA Corporation

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. RapidMiner

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. SAP SE

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The global artificial intelligence (AI) in banking market size is expected to increase USD 379.41 billion by 2034 from USD 26.23 billion in 2024.

The artificial intelligence (AI) in banking market is anticipated to grow at a CAGR of over 30.63% between 2025 to 2034.

The major players operating in the artificial intelligence (AI) in banking market are Amazon Web Services, Inc., Capital One, Cisco Systems, Inc., FAIR ISAAC CORPORATION (FICO), Goldman Sachs, International Business Machines Corporation, JPMorgan Chase & Co., NVIDIA Corporation, RapidMiner, SAP SE, and Others.

The driving factors of the artificial intelligence (AI) in banking market are the AI helps enhance overall banking operations and rising demand for personalization banking services.

North America region will lead the global artificial intelligence (AI) in banking market during the forecast period 2025 to 2034.

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