Digital Lending Market, By Offering (Solutions and Services), By Deployment Mode (Cloud and On-Premises), By End user (Banks, Credit Unions, NBFCs), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Description

Global digital lending market is estimated to be valued at US$ 15.89 Bn in 2024 and is expected to reach US$ 34.13 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 11.5% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 15.89 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	11.50%	2031 Value Projection:	US$ 34.13 Bn

Figure. Digital Lending Market Share (%), By Region, 2024

Digital lending refers to consumer and small business loans that are applied and processed online through digital platforms, thus, allowing borrowers to access funds quickly through alternative lending channels. Over the past few years, digital lending market has experienced rapid growth due to rising adoption of smartphones and internet penetration globally. Borrowers prefer the convenience of applying for loans on their mobile devices from the comfort of their homes as compared to the traditional lengthy process of visiting bank branches. Meanwhile, digital lenders can reach a wider customer base and process loan applications faster by using advanced technology tools for fraud detection, risk assessment and underwriting.

Market Dynamics:

Global digital lending market growth is driven by rising penetration of smartphones and internet connectivity across major regions of the world. Increasing preference of consumers towards contactless digital financial services amid the pandemic has also boosted the adoption of digital lending platforms. However, cybersecurity risks and data privacy concerns poses challenge for digital lenders. Meanwhile, open banking regulations offer new opportunities to fintech players to leverage bank transaction data and traditional credit scoring methods to expand financial inclusion. Major market players are investing in artificial intelligence and machine learning capabilities to streamline and automate the lending process, and this can address data privacy issues to some extent.

Key features of the study:

This report provides in-depth analysis of the global digital lending market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global digital lending market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Abrigo, ARGO, Black Knight, Built Technologies, BNY Mellon, Cu Direct, Decimal Technologies, Docutech, EdgeVerv, Finastra, FIS, Fiserv, HES Fintech, ICE Mortgage Technology, Intellect Design Arena, JurisTech, Newgen Software, Nucleus Software, Oracle, Pega, Roostify, RupeePower, SAP, Sigma Infosolutions, Symitar, Tavant, TCS, Temenos, Turnkey Lenders, Wipro, Wizni

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

Global digital lending market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Market Segmentation

By Offering
- Solutions
- Services
By Deployment Mode
- Cloud
- On-Premises
By End User
- Banks
- Credit Unions
- NBFCs
By Regional
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Players
- Abrigo
- ARGO
- Black Knight
- Built Technologies
- BNY Mellon
- Cu Direct
- Decimal Technologies
- Docutech
- EdgeVerv
- Finastra
- FIS
- Fiserv
- HES Fintech
- ICE Mortgage Technology
- Intellect Design Arena
- JurisTech
- Newgen Software
- Nucleus Software
- Oracle
- Pega
- Roostify
- RupeePower
- SAP
- Sigma Infosolutions
- Symitar
- Tavant
- TCS
- Temenos
- Turnkey Lenders
- Wipro
- Wizni

Product Code: CMI5373

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Offering
- Market Snippet, By Deployment Mode
- Market Snippet, By End User
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New system Launch/Approvals
Impact of the COVID-19 Pandemic

4. Global Digital Lending Market, By Offering, 2019-2031, (US$ Billion)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Solutions
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Services
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)

5. Global Digital Lending Market, By Deployment Mode, 2019-2031, (US$ Billion)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Segment Trends
Cloud
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
On-Premises
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)

6. Global Digital Lending Market, By End User, 2019-2031, (US$ Billion)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Segment Trends
Banks
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Credit Unions
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
NBFCs
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)

7. Global Digital Lending Market, By Region, 2019-2031, (US$ Billion)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
North America
- Regional Trends
- Market Size and Forecast, By Offering, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Deployment Mode, 2019-2031, (US$ Billion)
- Market Size and Forecast, By End User, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
  - U.S.
  - Canada
  - Europe
- Regional Trends
- Market Size and Forecast, By Offering, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Deployment Mode, 2019-2031, (US$ Billion)
- Market Size and Forecast, By End User, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
  - U.K.
  - Germany
  - Italy
  - France
  - Russia
  - Rest of Europe
  - Asia Pacific
- Regional Trends
- Market Size and Forecast, By Offering, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Deployment Mode, 2019-2031, (US$ Billion)
- Market Size and Forecast, By End User, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
  - China
  - India
  - ASEAN
  - Australia
  - South Korea
  - Japan
  - Rest of Asia Pacific
  - Latin America
- Regional Trends
- Market Size and Forecast, By Offering, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Deployment Mode, 2019-2031, (US$ Billion)
- Market Size and Forecast, By End User, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
  - Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Offering, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Deployment Mode, 2019-2031, (US$ Billion)
- Market Size and Forecast, By End User, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
  - GCC Countries
  - South Africa
  - Rest of the Middle East & Africa

8. Competitive Landscape

Company Profiles
- Abrigo
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- ARGO
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Black Knight
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Built Technologies
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- BNY Mellon
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Cu Direct
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Decimal Technologies
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Docutech
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- EdgeVerv
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Finastra
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- FIS
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Fiserv
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- HES Fintech
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- ICE Mortgage Technology
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Intellect Design Arena
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- JurisTech
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Newgen Software
- Nucleus Software
- Oracle
- Pega
- Roostify
- RupeePower
- SAP
- Sigma Infosolutions
- Symitar
- Tavant
- TCS
- Temenos
- Turnkey Lenders
- Wipro
- Wizni

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Research Methodology

References
Research Methodology
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