The global AI Platform Lending Market size is projected to expand at a CAGR of 25% between 2023 and 2033, with a revenue of USD 90 billion by the end of 2033. The increasing penetration of the internet, the growing use of technologies such as smartphones, and the rising use of cloud computing are helping many financial institutions in services such as communication, storing data, security, operating servers, remote management, and networking, which are some major factors attributing to the growth of the market. The uptrend in the digital transformation & automation of the worldwide industrial sector, along with the upswing of the banking, financial services, and insurance (BFSI) industry, is leading to the rapid adoption of digital strategies in this sector to facilitate digital scanning, AI-based document processing, and the speediest approval of loans.
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