PUBLISHER: KBV Research | PRODUCT CODE: 1374180
PUBLISHER: KBV Research | PRODUCT CODE: 1374180
Asia Pacific Loan Origination Software Market Size, Share & Industry Trends Analysis Report By Component (Solution, and Service), By Deployment Mode (On-premise, and Cloud), By End-User, By Country and Growth Forecast, 2023 - 2030
The Asia Pacific Loan Origination Software Market would witness market growth of 11.7% CAGR during the forecast period (2023-2030).
By collaborating with FinTechs, traditional lenders can gain access to cutting-edge solutions, such as advanced AI, machine learning, blockchain, and data analytics. These developments could streamline loan origination procedures, automate underwriting, and improve the precision of risk assessment. As collaborating with FinTech can assist in speeding up the loan origination process by automating time-consuming procedures, reducing manual paperwork, and eliminating bottlenecks, FinTech solutions are also designed to be adaptable and effective. This enhances the borrower's experience by causing quicker loan approvals and payments.
Contract servicers, credit unions, governmental organizations, title companies, and private lenders can manage loan origination, underwriting, closing, and documentation using loan origination software. This software streamlines and enhances the loan application and approval processes and automates the loan portfolio lifecycle. Additionally, it provides a holistic view of borrower transactions across all platforms, channels, and products. Thus, all the above factors are substantially boosting the development of the market. In the upcoming years, the emergence of new businesses in the banking and IT sectors will provide this market with tremendous growth prospects.
The APAC region offers diverse and rapidly growing markets with a large population of underbanked or unbanked individuals. Collaboration with fintechs enables financial institutions to tap into new customer segments and expand their market reach. Application modernisation, cloud migration, platformisation, and cybersecurity are projected to contribute to the 8.3% growth in IT services. India has also become a global leader in artificial intelligence (AI) skills, ranking first in AI skill penetration, fifth in AI talent concentration, and first in AI scientific publications. Therefore, the region presents lucrative growth prospects for the market.
The China market dominated the Asia Pacific Loan Origination Software Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $599.3 million by 2030. The Japan market is estimated to grow at a CAGR of 11% during (2023 - 2030). Additionally, The India market would exhibit a CAGR of 12.4% during (2023 - 2030).
Based on Component, the market is segmented into Solution, and Service. Based on Deployment Mode, the market is segmented into On-premise, and Cloud. Based on End-User, the market is segmented into Banks, NBFCs, Mortgage Lenders & Brokers, Credit Unions, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Finastra Group Holdings Limited (Vista Equity Partners), Software Advice, Inc. (Gartner, Inc.), Floify LLC (Porch Group, Inc.), Bryt Software LCC, LendingPad Corporation, ICE Mortgage Technology, Inc. (Intercontinental Exchange, Inc.), Nelito Systems Pvt. Ltd., LoanPro Software, LLC, TurnKey Lender Inc., and nCino, Inc.
Scope of the Study
Market Segments covered in the Report:
By Component
- Solution
- Service
By Deployment Mode
- On-premise
- Cloud
By End-User
- Banks
- NBFCs
- Mortgage Lenders & Brokers
- Credit Unions
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Companies Profiled
- Finastra Group Holdings Limited (Vista Equity Partners)
- Software Advice, Inc. (Gartner, Inc.)
- Floify LLC (Porch Group, Inc.)
- Bryt Software LCC
- LendingPad Corporation
- ICE Mortgage Technology, Inc. (Intercontinental Exchange, Inc.)
- Nelito Systems Pvt. Ltd.
- LoanPro Software, LLC
- TurnKey Lender Inc.
- nCino, Inc
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Asia Pacific Loan Origination Software Market, by Component
- 1.4.2 Asia Pacific Loan Origination Software Market, by Deployment Mode
- 1.4.3 Asia Pacific Loan Origination Software Market, by End-User
- 1.4.4 Asia Pacific Loan Origination Software Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Top Winning Strategies
- 4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Sep - 2023,Sep) Leading Players
- 4.4 Porter's Five Force Analysis
Chapter 5. Asia Pacific Loan Origination Software Market, By Component
- 5.1 Asia Pacific Solution Market, By Country
- 5.2 Asia Pacific Service Market, By Country
Chapter 6. Asia Pacific Loan Origination Software Market, By Deployment Mode
- 6.1 Asia Pacific On-premise Market, By Country
- 6.2 Asia Pacific Cloud Market, By Country
Chapter 7. Asia Pacific Loan Origination Software Market, By End-User
- 7.1 Asia Pacific Banks Market, By Country
- 7.2 Asia Pacific NBFCs Market, By Country
- 7.3 Asia Pacific Mortgage Lenders & Brokers Market, By Country
- 7.4 Asia Pacific Credit Unions Market, By Country
- 7.5 Asia Pacific Others Market, By Country
Chapter 8. Asia Pacific Loan Origination Software Market, By Country
- 8.1 China Loan Origination Software Market
- 8.1.1 China Loan Origination Software Market, By Component
- 8.1.2 China Loan Origination Software Market, By Deployment Mode
- 8.1.3 China Loan Origination Software Market, By End-User
- 8.2 Japan Loan Origination Software Market
- 8.2.1 Japan Loan Origination Software Market, By Component
- 8.2.2 Japan Loan Origination Software Market, By Deployment Mode
- 8.2.3 Japan Loan Origination Software Market, By End-User
- 8.3 India Loan Origination Software Market
- 8.3.1 India Loan Origination Software Market, By Component
- 8.3.2 India Loan Origination Software Market, By Deployment Mode
- 8.3.3 India Loan Origination Software Market, By End-User
- 8.4 South Korea Loan Origination Software Market
- 8.4.1 South Korea Loan Origination Software Market, By Component
- 8.4.2 South Korea Loan Origination Software Market, By Deployment Mode
- 8.4.3 South Korea Loan Origination Software Market, By End-User
- 8.5 Singapore Loan Origination Software Market
- 8.5.1 Singapore Loan Origination Software Market, By Component
- 8.5.2 Singapore Loan Origination Software Market, By Deployment Mode
- 8.5.3 Singapore Loan Origination Software Market, By End-User
- 8.6 Malaysia Loan Origination Software Market
- 8.6.1 Malaysia Loan Origination Software Market, By Component
- 8.6.2 Malaysia Loan Origination Software Market, By Deployment Mode
- 8.6.3 Malaysia Loan Origination Software Market, By End-User
- 8.7 Rest of Asia Pacific Loan Origination Software Market
- 8.7.1 Rest of Asia Pacific Loan Origination Software Market, By Component
- 8.7.2 Rest of Asia Pacific Loan Origination Software Market, By Deployment Mode
- 8.7.3 Rest of Asia Pacific Loan Origination Software Market, By End-User
Chapter 9. Company Profiles
- 9.1 Finastra Group Holdings Limited (Vista Equity Partners)
- 9.1.1 Company Overview
- 9.1.2 SWOT Analysis
- 9.2 Software Advice, Inc. (Gartner, Inc.)
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 SWOT Analysis
- 9.3 Floify LLC (Porch Group, Inc.)
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Recent strategies and developments:
- 9.3.4.1 Partnerships, Collaborations, and Agreements:
- 9.3.4.2 Product Launches and Product Expansions:
- 9.3.5 SWOT Analysis
- 9.4 Bryt Software LCC.
- 9.4.1 Company Overview
- 9.4.2 SWOT Analysis
- 9.5 LendingPad Corporation
- 9.5.1 Company Overview
- 9.5.2 Recent strategies and developments:
- 9.5.2.1 Partnerships, Collaborations, and Agreements:
- 9.5.3 SWOT Analysis
- 9.6 ICE Mortgage Technology, Inc. (Intercontinental Exchange, Inc.)
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Recent strategies and developments:
- 9.6.4.1 Partnerships, Collaborations, and Agreements:
- 9.6.4.2 Product Launches and Product Expansions:
- 9.6.5 SWOT Analysis
- 9.7 Nelito Systems Pvt. Ltd.
- 9.7.1 Company Overview
- 9.7.2 SWOT Analysis
- 9.8 LoanPro Software, LLC
- 9.8.1 Company Overview
- 9.8.2 Recent strategies and developments:
- 9.8.2.1 Partnerships, Collaborations, and Agreements:
- 9.8.3 SWOT Analysis
- 9.9 TurnKey Lender Inc.
- 9.9.1 Company Overview
- 9.9.2 Recent strategies and developments:
- 9.9.2.1 Geographical Expansions:
- 9.9.3 SWOT Analysis
- 9.10. nCino, Inc
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Regional Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 Asia Pacific Loan Origination Software Market, 2019 - 2022, USD Million
- TABLE 2 Asia Pacific Loan Origination Software Market, 2023 - 2030, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Loan Origination Software Market
- TABLE 4 Product Launches And Product Expansions- Loan Origination Software Market
- TABLE 5 Goegraphic Expanssions- Loan Origination Software Market
- TABLE 6 Asia Pacific Loan Origination Software Market, By Component, 2019 - 2022, USD Million
- TABLE 7 Asia Pacific Loan Origination Software Market, By Component, 2023 - 2030, USD Million
- TABLE 8 Asia Pacific Solution Market, By Country, 2019 - 2022, USD Million
- TABLE 9 Asia Pacific Solution Market, By Country, 2023 - 2030, USD Million
- TABLE 10 Asia Pacific Service Market, By Country, 2019 - 2022, USD Million
- TABLE 11 Asia Pacific Service Market, By Country, 2023 - 2030, USD Million
- TABLE 12 Asia Pacific Loan Origination Software Market, By Deployment Mode, 2019 - 2022, USD Million
- TABLE 13 Asia Pacific Loan Origination Software Market, By Deployment Mode, 2023 - 2030, USD Million
- TABLE 14 Asia Pacific On-premise Market, By Country, 2019 - 2022, USD Million
- TABLE 15 Asia Pacific On-premise Market, By Country, 2023 - 2030, USD Million
- TABLE 16 Asia Pacific Cloud Market, By Country, 2019 - 2022, USD Million
- TABLE 17 Asia Pacific Cloud Market, By Country, 2023 - 2030, USD Million
- TABLE 18 Asia Pacific Loan Origination Software Market, By End-User, 2019 - 2022, USD Million
- TABLE 19 Asia Pacific Loan Origination Software Market, By End-User, 2023 - 2030, USD Million
- TABLE 20 Asia Pacific Banks Market, By Country, 2019 - 2022, USD Million
- TABLE 21 Asia Pacific Banks Market, By Country, 2023 - 2030, USD Million
- TABLE 22 Asia Pacific NBFCs Market, By Country, 2019 - 2022, USD Million
- TABLE 23 Asia Pacific NBFCs Market, By Country, 2023 - 2030, USD Million
- TABLE 24 Asia Pacific Mortgage Lenders & Brokers Market, By Country, 2019 - 2022, USD Million
- TABLE 25 Asia Pacific Mortgage Lenders & Brokers Market, By Country, 2023 - 2030, USD Million
- TABLE 26 Asia Pacific Credit Unions Market, By Country, 2019 - 2022, USD Million
- TABLE 27 Asia Pacific Credit Unions Market, By Country, 2023 - 2030, USD Million
- TABLE 28 Asia Pacific Others Market, By Country, 2019 - 2022, USD Million
- TABLE 29 Asia Pacific Others Market, By Country, 2023 - 2030, USD Million
- TABLE 30 Asia Pacific Loan Origination Software Market, By Country, 2019 - 2022, USD Million
- TABLE 31 Asia Pacific Loan Origination Software Market, By Country, 2023 - 2030, USD Million
- TABLE 32 China Loan Origination Software Market, 2019 - 2022, USD Million
- TABLE 33 China Loan Origination Software Market, 2023 - 2030, USD Million
- TABLE 34 China Loan Origination Software Market, By Component, 2019 - 2022, USD Million
- TABLE 35 China Loan Origination Software Market, By Component, 2023 - 2030, USD Million
- TABLE 36 China Loan Origination Software Market, By Deployment Mode, 2019 - 2022, USD Million
- TABLE 37 China Loan Origination Software Market, By Deployment Mode, 2023 - 2030, USD Million
- TABLE 38 China Loan Origination Software Market, By End-User, 2019 - 2022, USD Million
- TABLE 39 China Loan Origination Software Market, By End-User, 2023 - 2030, USD Million
- TABLE 40 Japan Loan Origination Software Market, 2019 - 2022, USD Million
- TABLE 41 Japan Loan Origination Software Market, 2023 - 2030, USD Million
- TABLE 42 Japan Loan Origination Software Market, By Component, 2019 - 2022, USD Million
- TABLE 43 Japan Loan Origination Software Market, By Component, 2023 - 2030, USD Million
- TABLE 44 Japan Loan Origination Software Market, By Deployment Mode, 2019 - 2022, USD Million
- TABLE 45 Japan Loan Origination Software Market, By Deployment Mode, 2023 - 2030, USD Million
- TABLE 46 Japan Loan Origination Software Market, By End-User, 2019 - 2022, USD Million
- TABLE 47 Japan Loan Origination Software Market, By End-User, 2023 - 2030, USD Million
- TABLE 48 India Loan Origination Software Market, 2019 - 2022, USD Million
- TABLE 49 India Loan Origination Software Market, 2023 - 2030, USD Million
- TABLE 50 India Loan Origination Software Market, By Component, 2019 - 2022, USD Million
- TABLE 51 India Loan Origination Software Market, By Component, 2023 - 2030, USD Million
- TABLE 52 India Loan Origination Software Market, By Deployment Mode, 2019 - 2022, USD Million
- TABLE 53 India Loan Origination Software Market, By Deployment Mode, 2023 - 2030, USD Million
- TABLE 54 India Loan Origination Software Market, By End-User, 2019 - 2022, USD Million
- TABLE 55 India Loan Origination Software Market, By End-User, 2023 - 2030, USD Million
- TABLE 56 South Korea Loan Origination Software Market, 2019 - 2022, USD Million
- TABLE 57 South Korea Loan Origination Software Market, 2023 - 2030, USD Million
- TABLE 58 South Korea Loan Origination Software Market, By Component, 2019 - 2022, USD Million
- TABLE 59 South Korea Loan Origination Software Market, By Component, 2023 - 2030, USD Million
- TABLE 60 South Korea Loan Origination Software Market, By Deployment Mode, 2019 - 2022, USD Million
- TABLE 61 South Korea Loan Origination Software Market, By Deployment Mode, 2023 - 2030, USD Million
- TABLE 62 South Korea Loan Origination Software Market, By End-User, 2019 - 2022, USD Million
- TABLE 63 South Korea Loan Origination Software Market, By End-User, 2023 - 2030, USD Million
- TABLE 64 Singapore Loan Origination Software Market, 2019 - 2022, USD Million
- TABLE 65 Singapore Loan Origination Software Market, 2023 - 2030, USD Million
- TABLE 66 Singapore Loan Origination Software Market, By Component, 2019 - 2022, USD Million
- TABLE 67 Singapore Loan Origination Software Market, By Component, 2023 - 2030, USD Million
- TABLE 68 Singapore Loan Origination Software Market, By Deployment Mode, 2019 - 2022, USD Million
- TABLE 69 Singapore Loan Origination Software Market, By Deployment Mode, 2023 - 2030, USD Million
- TABLE 70 Singapore Loan Origination Software Market, By End-User, 2019 - 2022, USD Million
- TABLE 71 Singapore Loan Origination Software Market, By End-User, 2023 - 2030, USD Million
- TABLE 72 Malaysia Loan Origination Software Market, 2019 - 2022, USD Million
- TABLE 73 Malaysia Loan Origination Software Market, 2023 - 2030, USD Million
- TABLE 74 Malaysia Loan Origination Software Market, By Component, 2019 - 2022, USD Million
- TABLE 75 Malaysia Loan Origination Software Market, By Component, 2023 - 2030, USD Million
- TABLE 76 Malaysia Loan Origination Software Market, By Deployment Mode, 2019 - 2022, USD Million
- TABLE 77 Malaysia Loan Origination Software Market, By Deployment Mode, 2023 - 2030, USD Million
- TABLE 78 Malaysia Loan Origination Software Market, By End-User, 2019 - 2022, USD Million
- TABLE 79 Malaysia Loan Origination Software Market, By End-User, 2023 - 2030, USD Million
- TABLE 80 Rest of Asia Pacific Loan Origination Software Market, 2019 - 2022, USD Million
- TABLE 81 Rest of Asia Pacific Loan Origination Software Market, 2023 - 2030, USD Million
- TABLE 82 Rest of Asia Pacific Loan Origination Software Market, By Component, 2019 - 2022, USD Million
- TABLE 83 Rest of Asia Pacific Loan Origination Software Market, By Component, 2023 - 2030, USD Million
- TABLE 84 Rest of Asia Pacific Loan Origination Software Market, By Deployment Mode, 2019 - 2022, USD Million
- TABLE 85 Rest of Asia Pacific Loan Origination Software Market, By Deployment Mode, 2023 - 2030, USD Million
- TABLE 86 Rest of Asia Pacific Loan Origination Software Market, By End-User, 2019 - 2022, USD Million
- TABLE 87 Rest of Asia Pacific Loan Origination Software Market, By End-User, 2023 - 2030, USD Million
- TABLE 88 Key Information - Finastra Group Holdings Limited
- TABLE 89 Key Information - Software Advice, Inc.
- TABLE 90 Key Information - Floify LLC
- TABLE 91 Key Information - Bryt Software LCC.
- TABLE 92 Key Information - LendingPad Corporation
- TABLE 93 Key Information - ICE Mortgage Technology, Inc.
- TABLE 94 Key Information - Nelito Systems Pvt. Ltd.
- TABLE 95 Key Information - LoanPro Software, LLC
- TABLE 96 Key Information - TurnKey Lender Inc.
- TABLE 97 Key Information - nCino, Inc
