The global demand for Peer to Peer Lending Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Peer to peer lending is a form of the crowd funding program that uses web-based platform to collect small quantities of funds from platform user to finance business. It can be defined as a loan agreement which contains the lender’s credit claim to receive interest and redemption payments in the future. Lending can be commercial or non-commercial. Both lender and borrower are benefitted from this, savers get interested by lending out while borrowers get funds at the comparatively low-interest rate.
Development in information technology is changing the traditional way of businesses. Progress in technology is bringing changes in the financial market too. Peer to peer lending is an emerging industry with huge potential for capturing customers from the mainstream financial institution. Growing businesses, capital requirement and changing the tendency of financers to go for virtual options will fuel its adoption.The market is expanding globally with the number of operators as well as the number of loans being issued increasing substantially. The US and UK are the most established P2P lending markets. Increased comfort to perform online transactions through mobile channels and advancement in data analytics technology will benefit the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of peer to peer lending.
The entire peer to peer lending market has been sub-categorized intobusiness model,type and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Business Model
- Alternate Marketplace Lending
- Traditional Lending
By End User
- Consumer Lending
- Business Lending
- Consumer Credit Loans
- Small Business Loans
- Student Loans
- Real Estate Loans
This section covers regional segmentation which accentuates on current and future demand for peer to peer lending market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Peer to Peer Lending Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the peer to peer lending market include Avant Inc., Funding Circle Limited, Kabbage Inc., Lending Club Corporation, LendingTree LLC. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.