Digital process automation is a method of automating processes and streamlining workflows by utilizing digital technology, where the integration of Artificial Intelligence (AI) and Machine Learning (ML) technologies is one of the main drivers of the market.
Category Archives: BFSI
Mortgage Lending Market to Hit $27.50 Billion by 2031
According to the report published by Allied Market Research, the global mortgage lending market generated $11.48 billion in 2021, and is estimated to reach $27.50 billion by 2031, witnessing a CAGR of 9.5% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, value chain, key investment pockets, competitive scenario, and …
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Future of Virtual Cards Market
According to the report published by Allied Market Research, the global virtual cards market was estimated at $281.22 billion in 2021 and is expected to hit $1.89 trillion by 2031, registering a CAGR of 21.3% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market …
Saudi Arabia Microfinance to Hit Generate $1.68 Billion by 2031:
According to the report published by Allied Market Research, the Saudi Arabia microfinance market garnered $0.68 billion in 2021, and is estimated to generate $1.68 billion by 2031, manifesting a CAGR of 9.4% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This …
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Gift Cards Market to Hit Generate $1.92 Trillion by 2027
Increase in application areas such as hospitality & retail stores and growing technological innovation in product offerings drive the growth of the global gift cards market. North America contributed the highest share in 2019, and will maintain its dominance throughout the forecast period. The revenue generated from the retail establishment segment would increase as retail …
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Decentralized Insurance Market to Hit $135.6 Billion, Globally, by 2032 at 58.5% CAGR
Allied Market Research published a report, titled, “Decentralized Insurance Market by Type (Life Insurance, Non-life Insurance), by End User (Businesses, Individual): Global Opportunity Analysis and Industry Forecast, 2022-2032”. According to the report, the global decentralized insurance industry generated $1.4 billion in 2022, and is anticipated to generate $135.6 billion by 2032, witnessing a CAGR of 58.5% from 2023 …
Insurance Chatbot Market to Hit $4.5 Billion , Globally, by 2032 at 25.6% CAGR
Allied Market Research published a report, titled, “Insurance Chatbot Market by Type (Customer Service Chatbots, Sales Chatbots, Claims Processing Chatbots, Underwriting Chatbots, and Others) User Interface (Text-based Interface and Voice-based Interface): Global Opportunity Analysis and Industry Forecast, 2022-2032”. According to the report, the global insurance chatbot industry generated $467.4 million in 2022, and is anticipated to generate $4.5 …
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Voice Banking Market to Hit $3.7 Billion by 2031
According to the report published by Allied Market Research, the global voice banking market garnered $984.6 million in 2021, and is estimated to generate $3.7 billion by 2031, manifesting a CAGR of 14.5% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This …
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Smart Finance Hardware Market to Hit $30.0 Million by 2031
According to the report published by Allied Market Research, the global smart finance hardware market garnered $16.0 million in 2021, and is estimated to generate $30.0 million by 2031, manifesting a CAGR of 6.8% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. …
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Dimethyl Phosphate Market Top Growth Companies Global Growth, Size, Trends, Industry Analysis, Key Players by 2031
Allied Market Research published a report, titled, “Dimethyl Phosphate Market by Type (95%, 98%), by Application (Agrochemicals, Corrosion Inhibitor, Petroleum Additive, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031”. According to the report, the global dimethyl phosphate industry generated $2.2 billion in 2021, and is anticipated to generate $3.9 billion by 2031, witnessing a CAGR …