Artificial Intelligence (AI) in Financial Asset Management Market Size, Growth Analysis by Top Players 2022: Dynamics and Latest Trends with Global Industry Share, Business Development Plans and Strategies, CAGR and Revenue Forecast to 2031

Kenneth Research added a report on Artificial Intelligence (AI) in Financial Asset Management Market market into the repository of market research reports. The report includes in-depth analysis on the growth drivers, expansion opportunities, restraints and challenges and the recent trends in the market. The market is anticipated to grow at a CAGR of XX.X% during the forecast period, i.e., 2022-2031.  

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Artificial Intelligence (AI) in Financial Asset Management Market products.

Download Sample of This Strategic Report-::

Factors such as the growing trade on services across nations worldwide, backed by increasing urbanization and development of several new micro, small and medium enterprises are anticipated to promote towards the growth of the MARKET throughout the forecast period. According to the statistics by the Organization for Economic Co-operation and Development (OECD), the United States recorded to be the largest exporters of international trade in services amongst all the OECD nations with a value worth USD 827 billion in the year 2018.

The report titled Artificial Intelligence (AI) in Financial Asset Management Market has been added by Kenneth Research, provides detailed insights of the market scenario which is further classified on the basis of market size and market volume, along with the compound annual growth rate (CAGR) of the market over the forecast period, i.e., 2020-2025.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Global AI in Financial Asset Management Market – Drivers, Restraints, Opportunities, Trends, and Forecast up to 2025
In recent years, financial institutions are adopting the artificial intelligence (AI) technology for managing their financial assets and reducing operating cost, thereby increasing the revenue. Several fintech companies and banks are rapidly deploying voice assistants and chatbots to manage customer interactions and resolve issues (queries) with minimal human involvement. Machine learning, computer vision, and speech recognition technologies are in demand and major number of acquisitions in the recent years were associated with these technologies, and the same technologies will dominate the investment patterns in the coming years.

Major areas where AI could be deployed in manging financial assets include fraud detection, personal financial management, and investment banking. With the implementation of financial asset management, the financial institutions can effectively manage their financial assets and meet expectations of the changing customer behavior by leveraging technologies, including AI, predictive analytics, and machine learning. This will assist organizations in automation and improves business processes, thus resulting in enhanced customer’s experience.

Request Free Sample Copy :-

The global AI in financial asset management market is categorized based on the presence of diversified small and large vendors. Genpact, IBM, Infosys, and Synechron are among the key vendors increasing their global footprint in this space. However, various vendors such as IPsoft and Lexalytics are competing with them in the global market by providing solutions at a competitive price with the customized product offering. The market growth is fuelled by key vendors entering into strategic partnerships with suppliers and third-party vendors in the ecosystem to increase the global footprint and customer service capabilities.

Natural language processing (NLP) is the fastest growing technology in the global AI in financial asset management market owing to the increasing deployment of chatbots and virtual personal assistants in the banking sector. Additionally, increasing demand for sentiment analysis and management of huge volumes of contracts, will drive the NLP segment during the forecasted period. AI in Financial Asset Management Market

Data analysis is having the largest market share in the application segment of the global AI in financial asset management market primarily due to availability of huge volumes of data being generated from multiple sources and need to analyse theses datasets for decision making. Investment banks are implementing AI in the areas such as investment decisions, alternative investment strategies, managing hedge funds and others.

According to Kenneth Research, the global AI in financial asset management market is expected to grow at a CAGR of 33.84% during the forecast period 2019–2025. The aim of this report is to define, describe, segment, and forecast the AI in financial asset management market on the basis of technology, application, and regions. In addition, the report helps the venture capitalists in understanding the companies better and make well-informed decisions. The report is primarily designed to provide the company’s executives with strategically substantial competitor information, data analysis, and insights about the market, development, and implementation for an effective marketing plan.

Download Sample of This Strategic Report-::

The global AI in financial asset management market is categorized based on three segments – technology, application, and regions.
o Technology includes Predictive Analytics, Machine Learning, NLP, and Others
o Application includes Conversational Platforms, Data Analysis, Risk & Compliance, Portfolio Optimization, Process Automation, and Others
o Regions include Americas, Europe, APAC, and RoW (RoW includes Middle East and Africa; APAC includes East Asia, South Asia, South-East Asia, and Oceania)

• The report comprises an analysis of vendors, which includes financial status, business units, key business priorities, SWOT, business strategies, and views.
• The report covers the competitive landscape, which includes mergers & acquisitions, joint ventures & collaborations, and competitor comparison analysis.
• In the vendors profile section, for the companies that are privately held, the financial information and revenue of segments will be limited.

The key players offering AI in financial asset management across the globe include:
• Genpact
• Infosys
• Synechron
• Next IT
• IPsoft
• Lexalytics
• Narrative Science

Download Sample of This Strategic Report-::

About Kenneth Research

Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defense, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.
Contact Us

Kenneth Research

Email :

Phone: +1 313 462 0609

—————- New trending Related Reports———————

Biosimilars Market
Defibrillators Market
Glycomics Market
Telehealth Market
3D Cell Culture Market
AI in Drug Discovery Market
Animal Growth Promoters and Performance Enhancers Market

Related posts

Leave a Comment