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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McKinsey & Company. (December 5, 2023). Potential value created by artificial intelligence (AI) in the banking sector in 2023, by business segment [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1446331/value-created-by-ai-in-banking-by-segment/
McKinsey & Company. "Potential value created by artificial intelligence (AI) in the banking sector in 2023, by business segment." Chart. December 5, 2023. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1446331/value-created-by-ai-in-banking-by-segment/
McKinsey & Company. (2023). Potential value created by artificial intelligence (AI) in the banking sector in 2023, by business segment. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1446331/value-created-by-ai-in-banking-by-segment/
McKinsey & Company. "Potential Value Created by Artificial Intelligence (Ai) in The Banking Sector in 2023, by Business Segment." Statista, Statista Inc., 5 Dec 2023, https://www.statista.com/statistics/1446331/value-created-by-ai-in-banking-by-segment/
McKinsey & Company, Potential value created by artificial intelligence (AI) in the banking sector in 2023, by business segment Statista, https://www.statista.com/statistics/1446331/value-created-by-ai-in-banking-by-segment/ (last visited October 31, 2024)
Potential value created by artificial intelligence (AI) in the banking sector in 2023, by business segment [Graph], McKinsey & Company, December 5, 2023. [Online]. Available: https://www.statista.com/statistics/1446331/value-created-by-ai-in-banking-by-segment/
