Estimated value of the banking sector's artificial intelligence (AI) and generative artificial intelligence (gen AI) spending in Europe from 2020 to 2025, with forecasts until 2028
(in billion U.S. dollars)
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Estimated spending on AI
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All figures are estimates calculated by Statista using data published by the source. The source provided the estimated total value of European spending on AI in 2028 (133 billion U.S. dollars), the compound annual growth rate between 2024 and 2028 (30.3 percent), and the share of spending by industry (banking: 15.7 percent). Figures between 2024 and 2028 were calculated based on these data points.Â
Citation formats
Banking sector AI spending in Europe 2020-2025, with forecasts until 2028
The European banking sector's AI spending is projected to grow significantly between 2025 and 2028. Starting at ****billion U.S. dollars in 2025, spending is expected to exceed **billion by 2026. With a **** percent compound annual growth rate, total AI investments are forecast to reach ***** billion U.S. dollars by 2028.
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Statista. (March 2, 2026). Estimated value of the banking sector's artificial intelligence (AI) and generative artificial intelligence (gen AI) spending in Europe from 2020 to 2025, with forecasts until 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 07, 2026, from https://www.statista.com/statistics/1537197/europe-banking-sector-ai-spending-forecast/
Statista. "Estimated value of the banking sector's artificial intelligence (AI) and generative artificial intelligence (gen AI) spending in Europe from 2020 to 2025, with forecasts until 2028 (in billion U.S. dollars)." Chart. March 2, 2026. Statista. Accessed May 07, 2026. https://www.statista.com/statistics/1537197/europe-banking-sector-ai-spending-forecast/
Statista. (2026). Estimated value of the banking sector's artificial intelligence (AI) and generative artificial intelligence (gen AI) spending in Europe from 2020 to 2025, with forecasts until 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 07, 2026. https://www.statista.com/statistics/1537197/europe-banking-sector-ai-spending-forecast/
Statista. "Estimated Value of The Banking Sector's Artificial Intelligence (Ai) and Generative Artificial Intelligence (Gen Ai) Spending in Europe from 2020 to 2025, with Forecasts until 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 2 Mar 2026, https://www.statista.com/statistics/1537197/europe-banking-sector-ai-spending-forecast/
Statista, Estimated value of the banking sector's artificial intelligence (AI) and generative artificial intelligence (gen AI) spending in Europe from 2020 to 2025, with forecasts until 2028 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1537197/europe-banking-sector-ai-spending-forecast/ (last visited May 07, 2026)
Estimated value of the banking sector's artificial intelligence (AI) and generative artificial intelligence (gen AI) spending in Europe from 2020 to 2025, with forecasts until 2028 (in billion U.S. dollars) [Graph], Statista, March 2, 2026. [Online]. Available: https://www.statista.com/statistics/1537197/europe-banking-sector-ai-spending-forecast/
