Wilmington, Delaware, Nov. 08, 2023 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global digital lending platform market size was valued at $5.58 billion in 2019, and is projected to reach $20.31 billion by 2027, growing at a CAGR of 16.7% from 2020 to 2027. The report offers a detailed analysis of recent market trends, key investment pockets, top segments, regional analysis, and competitive scenarios. The report is a good source of information for new competitors, leading market players, investors, and shareholders to plan and take steps to bolster their competitive edge.
Request Research Report Sample & TOC: https://www.alliedmarketresearch.com/request-sample/5404
(We are providing report as per your research requirement, including the Latest Industry Insight's Evolution, Potential and COVID-19 Impact Analysis)
133 – Tables
74 – Charts
249 – Pages
Report Coverage & Details:
| Report Coverage | Details |
| Forecast Period | 2020-2027 |
| Base Year | 2019 |
| Market Size in 2019 | $5.58 Billion |
| Market Size in 2027 | $20.31 Billion |
| CAGR | 16.7% |
| No. of Pages in Report | 249 |
| Segments Covered | Component, Deployment Model, Type, Industry Vertical, And Region |
| Drivers | organizations increasingly emphasizing the digitization of their financial services |
| The transition from traditional to digital lending | |
| An increase in government actions to promote digital lending platforms | |
| Opportunities | Technological development in digital lending platforms |
| The rise in the demand for integrated cloud-based products | |
| Restraints | An increase in security and compliance concerns |
Inquiry before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/5404
The global digital lending platform market is grouped into various segments based on component, deployment model, type, industry vertical, and region. It is offered in both graphical and tabular form, permitting an individual or a business to benefit perception into the highly profitable and rapidly expanding segments.
The software segment to maintain its lead position during the forecast period-
Based on component, the software segment held the major share in 2019, holding nearly three-fourths of the global digital lending platform market revenue, and is expected to maintain its leadership status over the projected period. On the other hand, the service segment would cite the fastest CAGR of 19.7% from 2020 to 2027.
The on-premise segment to lead the trail by 2022-
Based on deployment model, the on-premise segment dominates the significant market share in 2019, accounting for nearly three-fifths of the global digital lending platform market revenue, and is anticipated to maintain its lead position during the forecast period. The cloud segment, however, would display the fastest CAGR of 18.1% from 2020 to 2027.
The peer-to-peer lending segment would showcase the highest CAGR from 2020 to 2027-
Based on industry vertical, the banks segment held the major market share in 2019, contributing to nearly one-third of the global digital lending platform market revenue, and is projected to rule the roost by 2027. On the other hand, the peer-to-peer lending segment would showcase the highest CAGR of 20.1% from 2020 to 2027. The insurance companies, credit unions, savings & loan associations, and others segments are also analyzed in the report.
Request Customization: https://www.alliedmarketresearch.com/request-for-customization/5404
North America region garnered the major share in 2019-
Based on region, the market across North America held the largest market share in 2019, garnering more than one-third of the global digital lending platform market revenue, and is expected to lead the trail by 2027. On the other hand, the market across the Asia-Pacific region would exhibit the fastest CAGR of 18.0% from 2020 to 2027. The Europe and LAMEA provinces are also studied in the report.
The report also provides an in-depth analysis of the top players in the global digital lending platform market include NUCLEUS SOFTWARE EXPORTS LTD., TAVANT, BLACK KNIGHT, INC., ELLIE MAE, INC. (ACQUIRED BY INTERCONTINENTAL EXCHANGE, INC.), WIPRO LIMITED, FINASTRA, FIS, TEMENOS, FISERV, INC., and INTELLECT DESIGN ARENA LTD.
Key Benefits For Stakeholders
- The study provides an in-depth analysis of global digital lending platform market forecast along with current trends and future estimations to elucidate the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on global digital lending platform market trends is provided in the report.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
- The quantitative analysis of the digital lending platform market share from 2020 to 2027 is provided to determine the market potential.
Buy This Report (249 Pages PDF with Insights, Charts, Tables, and Figures) @ https://bit.ly/3s2gKx8
Digital Lending Platform Market Key Segments:
By Component
- Software
- Service
By Deployment Model
- On-Premise
- Cloud
By Type
- Loan Origination
- Decision Automation
- Collections and Recovery
- Risk and Compliance Management
- Others
By Industry Verticle
- Banks
- Insurance Companies
- Credit Unions
- Savings & Loan Associations
- Peer-to-Peer Lending
- Others
By Region
- NORTH AMERICA (US, CANADA)
- EUROPE (UK, GERMANY, FRANCE, RUSSIA, REST OF EUROPE)
- ASIA-PACIFIC (CHINA, JAPAN, INDIA, SOUTHEAST ASIA, REST OF ASIA-PACIFIC)
- LAMEA (LATIN AMERICA, MIDDLE EAST, AFRICA)
Trending Reports in BFSI Industry (Book Now with 10% Discount + Covid-19 scenario):
Asset-Based Lending Market by Type (Inventory Financing, Receivables Financing, Equipment Financing, Others), by Interest Rate (Fixed Rate, Floating Rate), by End User (Large Enterprises, Small and Medium-sized Enterprises): Global Opportunity Analysis and Industry Forecast, 2021-2031.
FinTech Lending Market By Offering (Business Lending and Consumer Lending), Business Model (Balance Sheet Lenders and Marketplace Lenders), Enterprise Size (Large Enterprises and Small & Medium-sized Enterprises [SMEs]), and Lending Channel (Online and Offline): Global Opportunity Analysis and Industry Forecast, 2021-2030.
Commercial Lending Market By Type (Unsecured Lending and Secured Lending), Enterprise Size (Large Enterprises and Small & Medium Sized Enterprises), and Provider (Banks and NBFCs): Global Opportunity Analysis and Industry Forecast, 2021-2030.
South Africa Asset-based Lending Market by Type (Inventory Financing, Receivables Financing, Equipment Financing, and Others), Interest Rate (Fixed Rate and Floating Rate), and End User (Large Enterprises and Small & Medium-sized Enterprises): Country Opportunity Analysis and Industry Forecast, 2022-2031.
Operational Risk Management Consulting Services in Manufacturing Market by Type (People Risk/Internal Fraud, Systems Risk/Technological Failure, External Risk, Legal and Regulatory Risk, Process Risk, Others), by Organization Size (Large Enterprises, Small and Medium-sized Enterprises), by Manufacturing Type (Process Manufacturing, Discrete Manufacturing): Global Opportunity Analysis and Industry Forecast, 2022-2031.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington,
New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
