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)

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Sources

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Release date

March 2026

Region

North America, Latin America and the Caribbean

Survey time period

2025

Supplementary notes

All figures are estimates calculated by Statista 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. 

Citation formats

Banking sector AI spending in the Americas 2020-2025, with forecasts until 2028

Published by Statista Research Department, Mar 18, 2026

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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