Uploaded on Feb 4, 2021
Growing digitalization in banking industry for faster and hassle free banking activities seek need for lending solutions and platforms; with introduction of digital lending platforms in BFSI industry loan origination and management is less time consuming and is easy to go process. Digital lending platform is helping BFSI to get digitalized rapidly and digitalization of BFSI sector is allowing digital lending platform market to grow at higher rate.
Digital Lending Platform Market Global Segments, Size, Recent Trends & Forecast to 2027
Digital Lending Platform Market Global Segments, Size,
Recent Trends & Forecast to 2027
Digital Lending Platform Market, By Component (Solutions, Services), Deployment
Model (On Premises, Cloud), Loan Amount Size (Less than US$ 7,000, US$ 7,001 to US$
20,000, More than US$ 20,001), Subscription Type (Free, Paid), Loan Type (Automotive
Loan, SME Finance Loan, Personal Loan, Home Loan, Consumer Durable, Others),
Vertical (Banking, Financial Services, Insurance Companies, P2P (Peer-to-Peer) Lenders,
Credit Unions, Saving and Loan Associations), Country (U.S., Canada, Mexico, U.K.,
Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, Rest of
Europe, China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia,
Thailand, Philippines, Rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Israel,
Egypt, Rest of Middle East & Africa, Brazil, Argentina and Rest of South America)
Industry Trends and Forecast to 2027
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Report Description
Digital lending platform market is expected to gain market growth in the forecast period
of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a
CAGR of 18.9% in the forecast period of 2019 to 2027 and expected to reach USD
16,930.68 million by 2027. Increasing trend of digital banking is a driving factor for the
market growth.
Growing digitalization in banking industry for faster and hassle free banking activities
seek need for lending solutions and platforms; with introduction of digital lending
platforms in BFSI industry loan origination and management is less time consuming and
is easy to go process. Digital lending platform is helping BFSI to get digitalized rapidly and
digitalization of BFSI sector is allowing digital lending platform market to grow at higher
rate.
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Major Key Players
Some of the major players operating in this market are :
• Finastra
• Fiserv, Inc.
• Newgen Software Technologies Limited
• Nucleus Software Exports Ltd
• Intellect Design Arena Ltd
• Sigma Infosolutions, FIS
• Pegasystems Inc.
• Tavant, Abrigo
• Roostify, Decimal Technologies
• First American Financial Corporation
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Market Segmentation
• By Component (Solutions, Services)
• By Deployment Model (On Premises, Cloud)
• By Vertical (Banking, Financial Services, Insurance Companies, P2P (Peer-
to-Peer) Lenders, Credit Unions, Saving and Loan Associations)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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About Data Bridge Market
Research
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today!
Data Bridge Market Research set forth itself as an unconventional and
neoteric Market research and consulting firm with unparalleled level of
resilience and integrated approaches. We are determined to unearth the best
market opportunities and foster efficient information for your business to
thrive in the market. Data Bridge endeavors to provide appropriate solutions
to the complex business challenges and initiates an effortless decision-making
process.
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