Potential value created by AI in the banking sector 2023, by business segment

Published by Statista Research Department, Feb 13, 2024
Artificial intelligence (AI) could potentially lead to increased revenue in the banking sector across multiple business segments. The economic benefits of AI could likely benefit all banking segments, with the highest gains in the corporate and retail banking sectors. These segments could see an added value of 321 and 306 billion U.S. dollars, respectively, in case of successfully implemented AI use cases.

Potential value created by artificial intelligence (AI) in the banking sector in 2023, by business segment

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Release date

December 2023

Region

Worldwide

Survey time period

2023

Supplementary notes

The source adds the following information: Figures are top-down estimations based on projected growth and value points.

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