PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1539243
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1539243
India Fintech Market Introduction and Overview
According to SPER Market Research, 'India Fintech Market Size- By Deployment Mode, By Technology, By Application, By End-User - Regional outlook, Competitive Strategies and Segment Forecast to 2033' states that the India Fintech Market is estimated to reach USD 1232.19 billion by 2033 with a CAGR of 30.76 %.
Fintech, short for monetary innovation, alludes to the imaginative utilization of innovation to improve and change monetary administrations and items. It includes a wide range of utilizations that influence state-of-the-art innovations, such as blockchain, computerized reasoning, and AI to streamline monetary tasks, further develop client encounters, and convey new monetary arrangements. Past conventional monetary administrations like banking and speculation.
The Coronavirus pandemic remarkably reshaped the Indian fintech market by speeding up computerized change and featuring the two amazing open doors and weaknesses. As lockdowns and social removing turned into the standard, there was a sensational expansion in the interest for computerized monetary arrangements, with buyers quickly embracing contactless instalments, web-based banking, and computerized venture stages.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Deployment Mode, By Technology, By Application, By End-User
Regions covered North, South, East, West, Central and Rest of India
Companies Covered ACKO Technology and Services Private Limited, Dreamplug Technologies Private Limited, InCred Financial Services Limited, Lendingkart Technologies Pvt. Ltd., One MobiKwik Systems Limited, One97 Communications Ltd, PhonePe Private Limited.
India Fintech Market Segmentation:
By Deployment Mode: Based on the Deployment Mode, India Fintech Market is segmented as; On-Premises, Cloud.
By Technology: Based on the Technology, India Fintech Market is segmented as; Application Programming Interface (API), Artificial Intelligence (AI), Block Chain, Robotic Process Automation, Data Analytics, Others.
By Application: Based on the Application, India Fintech Market is segmented as; Payment and Funds Transfer, Loans, Wealth Management, Insurance and Personal Finance, Others.
By End-User: Based on the End-User, India Fintech Market is segmented as; Banking, Insurance, Securities, Others.