Canada Generative Ai In Fintech Market Size & Outlook

The generative ai in fintech market in Canada is expected to reach a projected revenue of US$ 984.6 million by 2030. A compound annual growth rate of 34.9% is expected of Canada generative ai in fintech market from 2024 to 2030.
Revenue, 2023 (US$M)
$121.4
Forecast, 2030 (US$M)
$984.6
CAGR, 2024 - 2030
34.9%
Report Coverage
Canada

Canada generative ai in fintech market highlights

  • The Canada generative ai in fintech market generated a revenue of USD 121.4 million in 2023 and is expected to reach USD 984.6 million by 2030.
  • The Canada market is expected to grow at a CAGR of 34.9% from 2024 to 2030.
  • In terms of segment, software was the largest revenue generating component in 2023.
  • Service is the most lucrative component segment registering the fastest growth during the forecast period.

Generative ai in fintech market data book summary

Market revenue in 2023USD 121.4 million
Market revenue in 2030USD 984.6 million
Growth rate34.9% (CAGR from 2023 to 2030)
Largest segmentSoftware
Fastest growing segmentService
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationService, Software
Key market players worldwideMicrosoft Corp, Alphabet Inc Class A, International Business Machines Corp, Adobe Inc, Salesforce Inc

Other key industry trends

  • In terms of revenue, Canada accounted for 10.6% of the global generative ai in fintech market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. generative ai in fintech market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 984.6 million by 2030.

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Canada generative ai in fintech market size, by component, 2017-2030 (US$M)

Canada Generative AI In Fintech Market Outlook Share, 2023 & 2030 (US$M)

Canada generative ai in fintech market size, by component, 2017-2030 (US$M)

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