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 November 25, 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 November 25, 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: November 25, 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 November 25, 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/
