India Generative Ai In Fintech Market Size & Outlook

The generative ai in fintech market in India is expected to reach a projected revenue of US$ 866.6 million by 2030. A compound annual growth rate of 48.9% is expected of India generative ai in fintech market from 2024 to 2030.
Revenue, 2023 (US$M)
$53.5
Forecast, 2030 (US$M)
$866.6
CAGR, 2024 - 2030
48.9%
Report Coverage
India

India generative ai in fintech market highlights

  • The India generative ai in fintech market generated a revenue of USD 53.5 million in 2023 and is expected to reach USD 866.6 million by 2030.
  • The India market is expected to grow at a CAGR of 48.9% 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 53.5 million
Market revenue in 2030USD 866.6 million
Growth rate48.9% (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, India accounted for 4.7% 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 Asia Pacific, China generative ai in fintech market is projected to lead the regional market in terms of revenue in 2030.
  • South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 496.5 million by 2030.

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

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

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

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