Fintech Industry Market, By FinTech Cards, By Solution, By Technology, By End User, By Geography

Description

The global fintech industry market is estimated to be valued at USD 343.5 Mn in 2024 and is expected to reach USD 654.4 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 9.6% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 343.5 Mn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	9.60%	2031 Value Projection:	US$ 654.42 Mn

Figure. Fintech Industry Market Share (%), By Region 2024

Various factors such as rise of digital payments, growing e-commerce industry, influx of venture capital funding have contributed to the boom in the fintech sector globally. It has increased accessibility of financial services, driven efficiencies through use of advanced technologies like AI, ML and blockchain. However, security and privacy concerns continue to pose challenges for continued growth of the industry.

Market Dynamics:

The growth of the global fintech industry market is driven by several factors. The increasing digitization and emergence of technologies such as AI, ML and IoT have enabled development of innovative financial products and services. Rising smartphone and internet penetration along with growing ecommerce industry has boosted digital payments and online lending. This has fueled product innovation and market expansion. However, data privacy and security concerns pose challenges. Lack of standardization and interoperability issues also challenge seamless operations. Nevertheless, developing economies with underpenetrated financial services present huge opportunities for fintech players for growth.

Key features of the study:

This report provides in-depth analysis of the global fintech industry market, and provides market size (US$ Million) 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 fintech 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 American Express Company, Square, Stripe, PayPal, Capital One, Citigroup Inc., JPMorgan Chase, Mastercard Inc., Visa Inc., Brex, Revolut, and Pivot Payables

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

The global fintech market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global fintech market

Market Segmentation

FinTech Cards Insights (Revenue, USD, 2019 - 2031)
- Commercial Cards
- Virtual Cards
Solution Insights (Revenue, USD, 2019 - 2031)
- Payment & Fund Transfer
- Lending Solutions
- Insurance & Personal Finance
- Wealth Management
- Digital Banking
- Others (Remittance Solutions, Crypto Solutions)
Technology Insights (Revenue, USD, 2019 - 2031)
- Application Programming Interface (API)
- Big Data Analytics
- Artificial Intelligence (AI)
- Blockchain
- Cybersecurity
End User Insights (Revenue, USD, 2019 - 2031)
- Individual Consumers
- Business FinTech
- Enterprise FinTech
Regional Insights (Revenue, USD, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- American Express Company
- Square
- Stripe
- PayPal
- Capital One
- Citigroup Inc.
- JPMorgan Chase
- Mastercard Inc.
- Visa Inc.
- Brex
- Revolut
- Pivot Payables

Product Code: CMI4424

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Fintech Industry Market, By FinTech Cards
- Global Fintech Industry Market, By Solution
- Global Fintech Industry Market, By Technology
- Global Fintech Industry Market, By End User
- Global Fintech Industry Market, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Recent Developments/Updates
- Industry Trend

4. Global Fintech Industry Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Fintech Industry Market - COVID-19
Impact Analysis

5. Global Fintech Industry Market, By FinTech Cards, 2019-2031, (USD MN)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Commercial Cards
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Virtual Cards
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends

6. Global Fintech Industry Market, By Solution, 2019-2031, (USD MN)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Payment & Fund Transfer
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Lending Solutions
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Insurance & Personal Finance
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Wealth Management
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Digital Banking
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Others (Remittance Solutions, Crypto Solutions)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends

7. Global Fintech Industry Market, By Technology, 2019-2031, (USD MN)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Application Programming Interface (API)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Big Data Analytics
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Artificial Intelligence (AI)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Blockchain
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Cybersecurity
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends

8. Global Fintech Industry Market, By End User, 2024-2031, (USD MN)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Individual Consumers
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Business FinTech
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Enterprise FinTech
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends

9. Global Fintech Industry Market, By Region, 2019 - 2031, Value (USD MN)

Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By FinTech Cards, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By Solution, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By Technology, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Mn)
  - U.S.
  - Canada
Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By FinTech Cards, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By Solution, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By Technology, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Mn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By FinTech Cards, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By Solution, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By Technology, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Mn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By FinTech Cards, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By Solution, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By Technology, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Mn)
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
Middle East
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By FinTech Cards, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By Solution, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By Technology, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Mn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By FinTech Cards, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By Solution, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By Technology, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD MN)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Mn)
  - South Africa
  - North Africa
  - Central Africa

10. Competitive Landscape

American Express Company
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
Square
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
Stripe
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
PayPal
Capital One
Citigroup Inc.
JPMorgan Chase
Mastercard Inc.
Visa Inc.
Brex
Revolut
Pivot Payables

11. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

12. References and Research Methodology

References
Research Methodology
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