Growing demand for automation of lending process boosts sector

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Global digital lending platform market

Global digital lending platform market

Global digital lending platform market

DUBLIN, April 10, 2023 (GLOBE NEWSWIRE) — ‘Global Digital Lending Platform Market 2023-2028’ by Components, Deployments, End Users, Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Ansoff analysis impending recession” report added of ResearchAndMarkets.com Recruitment.

The global digital lending platform market is estimated at USD 20.68 billion in 2023 and is projected to reach USD 70.7 billion by 2028, growing at a CAGR of 27.87%.

market dynamics

driver

  • Growing needs for automation of money lending operations

  • Increasing government initiatives to adopt digital lending platforms

  • Proliferation of multi-channel collection services

  • Increased need to reduce bad debts and maintain accurate borrower profiles

Restraint

chance

  • AI/ML specialized application integration

  • Growing demand for commercial and consumer debt collection services

  • Increased use of analytics-enabled collection models

Theme

market segmentation

The global digital lending platform market is segmented based on components, deployments, end-users, and geography.

  • By component, the market is categorized into solutions and services.

  • By deployment, the market is classified into cloud and on-premises.

  • By end-user, the market is segmented into banks, insurance companies, credit unions, savings and loan associations, peer-to-peer lending, and others.

  • By region, the market is classified into Americas, Europe, Middle East and Africa, and Asia Pacific.

competition quadrant

This report includes the Competitor Quadrant, a unique tool that analyzes and evaluates a company’s position based on its Industry Position Score and Market Performance Score. This tool classifies players into his four categories using various factors. These factors considered for analysis include financial performance, growth strategies, innovation scores, new product launches, investments, and market share growth over the past three years.

Ansoff analysis

This report presents a detailed Ansoff matrix analysis of the global Digital Lending Platform market. The Ansoff Matrix, also known as the Product/Market Expansion Grid, is a strategic tool used to design a company’s growth strategy. A matrix can be used to evaluate approaches in the four strategies. Market development, market penetration, product development, diversification. Matrix is ​​also used for risk analysis to understand the risks associated with each approach.

Analysts use Ansoff Matrix to analyze the global Digital Lending Platforms Market and offer the best approach for companies to improve their market position.

Based on a SWOT analysis conducted on the industry and industry players, analysts have devised a suitable strategy for market growth.

Why Buy This Report

  • This report provides a comprehensive assessment of the global Digital Lending Platform Market. The report includes detailed qualitative analysis, verifiable data from reliable sources, and market size forecasts. Forecasts are calculated using proven research methodologies.

  • This report has been compiled through extensive primary and secondary research. Primary research is conducted through interviews, research and observations with industry luminaries.

  • This report includes detailed market analysis using Porter’s five forces model, PESTLE analysis, and Ansoff matrix. Additionally, the impact of COVID-19 and the market impact of the economic slowdown and imminent recession are also covered in the report.

  • The report also includes industry regulatory scenarios to help you make an informed decision. This report describes the major regulatory bodies and key rules and regulations imposed on this sector in various regions.

  • The report also includes competitive analysis using the analyst’s competitive positioning tool, the Positioning Quadrant.

Report highlights:

  • A complete analysis of the market including the parent industry

  • Important market dynamics and trends

  • market segmentation

  • Historical, current and projected size of the market based on value and volume

  • Market Share and Strategies of Key Players

  • Recommendations for companies to strengthen their foothold in the market

Key attributes:

report attribute

detail

number of pages

200

Forecast period

2023-2028

Estimated market value in 2023 (USD)

$20.68 billion

Projected Market Value (USD) to 2028

$70.7 billion

compound annual growth rate

27.8%

Target area

global

Main topics:

1 Report description

2 Survey method

3 Executive Summary

4 Market dynamics

5 Market analysis

6 Global Digital Lending Platform Market by Component

7 Global Digital Lending Platform Market, By Deployment

8 Global Digital Lending Platform Market by End-User

9 Americas Digital Lending Platform Market

10 European Digital Lending Platform Market

11 Middle East and Africa Digital Lending Platform Market

12 APAC Digital Lending Platform Market

13 Competitive environment

14 Company Profile

15 Appendix

companies mentioned

  • Abrigo

  • Black Knight Co., Ltd.

  • Built Technologies Co., Ltd.

  • CU Direct Co., Ltd.

  • Decimal technology

  • Fidelity National Information Service

  • First American Financial Corporation.

  • Fiserve Co., Ltd.

  • HiEnd Systems LLC

  • ICE Mortgage Technology Co., Ltd.

  • Intellect Design Arena Co., Ltd.

  • intercontinental exchange

  • InvestCloud Private Banking

  • Jack Henry and Associates

  • Juris Technologies Sdn Bhd

  • Manbu

  • Misys International Co., Ltd.

  • Newgen Software Technologies, Inc.

  • Nucleus Software Exports Ltd.

  • Pegasystems, Inc.

  • Lustify Co., Ltd.

  • Sigma Infosolutions Co., Ltd.

For more information on this report, please visit https://www.researchandmarkets.com/r/7u3syv.

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source of international market research reports and market data. It provides up-to-date data on international and regional markets, key industries, top companies, new products and latest trends.

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