AI in Insurance Market to Reach $45.74 Billion, Globally, by 2031 at 32.5% CAGR: Allied Market Research

Allied Market Research published a report, titled, “AI in Insurance Market by Offering (Hardware, Software, Service), by Deployment Model (On-premise, Cloud), by Technology (Machine Learning, Natural Language Processing, Computer Vision, Others), by Enterprise Size (Large Enterprises, SMEs), by End-user (Life and Health Insurance, Property and Casualty Insurance), by Application (Fraud Detection and Credit Analysis, Customer Profiling and …

AI in Banking Market to Reach $64.03 Bn, Globally, by 2030 at 32.6% CAGR

Drivers, restraints, and opportunities- Rise in investment by banking companies in AI and machine learning, surge in preference for personalized financial services, and increase in collaboration between financial institutes and AI & machine learning solution companies drive the growth of the global AI in banking market. On the other hand, higher deployment cost of AI …