According to a new report, published by KBV research, The Global AI Agents In Financial Services Market size is expected to reach $8.95 billion by 2032, rising at a market growth of 44.5% CAGR during the forecast period.
AI agents analyze customer data to offer tailored recommendations, such as budgeting tips, investment options, or debt management strategies, enhancing financial literacy and engagement. In trading and risk management, AI agents process real-time market data to make informed decisions, such as executing trades or flagging suspicious transactions, ensuring agility in fast-paced environments. AI agents monitor compliance with regulations like AML and KYC, generating accurate reports and reducing the risk of penalties.
The Fraud Detection Agents segment is experiencing a CAGR of 43.4 % during the forecast period. This segment is crucial in identifying and preventing fraudulent activities within financial institutions. By leveraging machine learning algorithms and real-time data analysis, these agents can detect unusual patterns or behaviours indicative of fraud. The ability to instantly flag suspicious transactions helps financial institutions mitigate losses and improve the security of their services.
The Large Language Models (LLMs) segment led the maximum revenue in the Global AI Agents In Financial Services Market by Technology in 2024, thereby, achieving a market value of $2.98 billion by 2032. LLMs, such as GPT-based architectures, are being widely adopted for their advanced natural language understanding and generation capabilities. These models are integral to enhancing customer interactions, automating report generation, and powering virtual assistants that can handle complex financial queries
The Traditional Banks segment is growing at a CAGR of 43.7 % during the forecast period. Traditional banks have increasingly turned to AI agents to modernize their operations, enhance regulatory compliance, and offer more responsive customer service. These institutions have invested heavily in digital transformation initiatives, leveraging AI to automate fraud detection, loan processing, and risk management.
Full Report: https://www.kbvresearch.com/ai-agents-in-financial-services-market/
The North America region dominated the Global AI Agents In Financial Services Market by Region in 2024, thereby, achieving a market value of $3.26 billion by 2032. The Europe region is anticipated to grow a CAGR of 44.2% during (2025 - 2032). Additionally, The Asia Pacific region would witness a CAGR of 45.3% during (2025 - 2032).
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