Estimated value of the banking sector's artificial intelligence (AI) and generative artificial intelligence (gen AI) spending in the Americas from 2020 to 2025, with forecasts until 2028
(in billion U.S. dollars)
Characteristic
Estimated spending on AI
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All figures are estimates calculated by ÌÇÐÄÆÆ½â°æ using data published by the source. The source provided the banking sector's estimated AI spending for 2024 (19 billion U.S. dollars) and the compound annual growth rate between 2024 and 2028 (30 percent). All other figures were calculated based on these data points.Â
Citation formats
Banking sector AI spending in the Americas 2020-2025, with forecasts until 2028
Banks across the Americas poured over ** billion U.S. dollars into artificial intelligence investments in 2025, marking a significant commitment to AI technology. This investment is projected to grow rapidly at a ** percent compound annual rate over the next several years. By 2026, AI spending in the banking sector is expected to reach ** billion U.S. dollars, before more than doubling to ** billion U.S. dollars by 2028. Globally, the banking sector represents the majority of financial sector AI spending, which totaled ** billion U.S. dollars in 2025.
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ÌÇÐÄÆÆ½â°æ. (March 2, 2026). Estimated value of the banking sector's artificial intelligence (AI) and generative artificial intelligence (gen AI) spending in the Americas from 2020 to 2025, with forecasts until 2028 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 23, 2026, from /statistics/1557315/americas-banking-sector-ai-spending-forecast/
ÌÇÐÄÆÆ½â°æ. "Estimated value of the banking sector's artificial intelligence (AI) and generative artificial intelligence (gen AI) spending in the Americas from 2020 to 2025, with forecasts until 2028 (in billion U.S. dollars)." Chart. March 2, 2026. ÌÇÐÄÆÆ½â°æ. Accessed July 23, 2026. /statistics/1557315/americas-banking-sector-ai-spending-forecast/
ÌÇÐÄÆÆ½â°æ. (2026). Estimated value of the banking sector's artificial intelligence (AI) and generative artificial intelligence (gen AI) spending in the Americas from 2020 to 2025, with forecasts until 2028 (in billion U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 23, 2026. /statistics/1557315/americas-banking-sector-ai-spending-forecast/
ÌÇÐÄÆÆ½â°æ. "Estimated Value of The Banking Sector's Artificial Intelligence (Ai) and Generative Artificial Intelligence (Gen Ai) Spending in The Americas from 2020 to 2025, with Forecasts until 2028 (in Billion U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 2 Mar 2026, /statistics/1557315/americas-banking-sector-ai-spending-forecast/
ÌÇÐÄÆÆ½â°æ, Estimated value of the banking sector's artificial intelligence (AI) and generative artificial intelligence (gen AI) spending in the Americas from 2020 to 2025, with forecasts until 2028 (in billion U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1557315/americas-banking-sector-ai-spending-forecast/ (last visited July 23, 2026)
Estimated value of the banking sector's artificial intelligence (AI) and generative artificial intelligence (gen AI) spending in the Americas from 2020 to 2025, with forecasts until 2028 (in billion U.S. dollars) [Graph], ÌÇÐÄÆÆ½â°æ, March 2, 2026. [Online]. Available: /statistics/1557315/americas-banking-sector-ai-spending-forecast/