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Financial services firms are bullish on artificial intelligence (AI), and the conversation is shifting from the benefits of an AI strategy to how to implement and realize those benefits while maintaining regulatory compliance and customer trust. How do AI agents in financial services help firms grow business? Let’s dive in.
Market to triple by 2028 The global market for customer data platforms is expected to triple in size by 2028, according to a recent report by Mordor Research (See Figure 1). billion in 2028. North America is expected to account for the lion’s share of the market, while Asia Pacific will be the fastest-growing region.
The job outlook for consultants is expected to increase by 14% through 2028 , proving there is plenty of opportunity in this growing field. Are they located in a specific geographic region? After identifying your ideal client, you should have a good idea of the kind of problems or obstacles your services can help them overcome.
For instance, considering research from the same group in 2018, you'll see 69% of homes in 2018 were subscribed to a video streaming service -- which is up from 52%, just two years prior. If these losses continue as projected, by 2023 viewing hours could be less than half what they were in 2010, and cut in half again by the year 2028.
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