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Digital Lending Platform Market By Component, Deployment Model, Type, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2020-2027

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    Report

  • 249 Pages
  • November 2020
  • Region: Global
  • Allied Market Research
  • ID: 5237492
Digital lending refers to the use of online platform adopted by various banks and financial institutions for originating and renewing loans to industry verticals to decrease the loan processing time and to enhance customer services. In addition, various financial institutions are adopting digital lending platform, as this platform improves the productivity of employees; closes more loans; increases revenue per loan with cheaper, faster, and automated services.

Furthermore, it enables lenders to provide loans directly to borrowers through software and reduces the burdens associated with complicated process of applying and receiving funding, which notably contribute toward the growth of the global market. In addition, digital lending platform has been widely adopted among lenders to improve productivity, close a greater number of loans deals, and increase revenue per loan in a rapid & automated manner.

The growth of the global digital lending market is driven by continuous increase in digitalization initiatives among financial organizations and rise in government initiatives for digital lending in the developing countries, such as India and China. However, rise in security & compliance concerns is expected to hinder the growth of the market. On the contrary, technological advancements, such as integration of AI in digital lending platforms and surge in penetration of cloud-based platforms are expected to offer remunerative opportunities for the expansion of the market during the forecast period.

The global digital lending platform market is segmented into component, deployment model, type, industry vertical, and region. Depending on component, the market is bifurcated into solution and service. On the basis of deployment model, it is divided into on-premise and cloud-based.

By type, it is fragmented into decision automation, collections & recovery, loan processing, risk & compliance management, and others. As per industry vertical, it is classified into banks, insurance companies, credit unions, savings & loan associations, peer-to-peer lending, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report analyzes the profiles of key players operating in the market, including Black Knight, Ellie MAE, Finastra, FIS Global, Fiserv, Intellect Design Arena, Nucleus Software, Tavant Technologies, Temenos, and Wipro. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

KEY BENEFITS FOR STAKEHOLDERS
  • The study provides an in-depth analysis of global digital lending platform market forecast along with current trends and future estimations to elucidate the imminent investment pockets.
  • Information about key drivers, restraints, and opportunities and their impact analysis on global digital lending platform market trends is provided in the report.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
  • The quantitative analysis of the digital lending platform market share from 2020 to 2027 is provided to determine the market potential.

Digital Lending Platform Market Key Segments

By Component
  • Software
  • Service

By Deployment Model
  • On-premise
  • Cloud

By Type
  • Loan Origination
  • Decision Automation
  • Collections & Recovery
  • Risk & Compliance Management
  • Others

By Industry Vertical
  • Banks
  • Insurance Companies
  • Credit Unions
  • Savings & Loan Associations
  • Peer-to-Peer Lending
  • Others

By Region
  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South East Asia
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players
  • Black Knight
  • Ellie MAE
  • Finastra
  • FIS Global
  • Fiserv
  • Intellect Design Arena
  • Nucleus Software
  • Tavant Technologies
  • Temenos
  • Wipro

Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools & Models
Chapter 2: Executive Summary
2.1. Key Findings
2.1.1. Top Impacting Factors
2.1.2. Top Investment Pockets
2.2. CXO Perspective
Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. Key Forces Shaping Global Digital Lending Platform Market
3.3. Market Dynamics
3.3.1. Case Studies
3.3.1.1. Case Study 1
3.3.1.2. Case Study 02
3.1.1. Drivers
3.1.1.1. Increase in Focus of Organizations on Digitalizing Their Financial Services
3.1.1.2. Shift from Traditional Lending to Digital Lending
3.1.1.3. Rise in Government Initiatives Toward Adoption of Digital Lending Platform
3.1.2. Restraint
3.1.2.1. Increase in Security & Compliance Issues
3.1.3. Opportunities
3.1.3.1. Technological Innovations in Digital Lending Platforms
3.1.3.2. Increase in Demand for Cloud-Based Integrated Products
3.3. Covid-19 Impact Analysis on Digital Lending Platform Market
3.3.1. Impact on Market Size
3.3.2. Consumer Trends, Preferences, and Budget Impact
3.3.3. Regulatory Framework
3.3.4. Economic Impact
3.3.5. Key Player Strategies to Tackle Negative Impact
3.3.6. Opportunity Window
3.4. Value Chain Analysis
Chapter 4: Digital Lending Platform Market, by Component
4.1. Overview
4.2. Software
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Analysis, by Country
4.3. Service
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Analysis, by Country
Chapter 5: Digital Lending Platform Market, by Deployment Model
5.1. Overview
5.2. On-Premise
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Analysis, by Country
5.3. Cloud
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Analysis, by Country
Chapter 6: Digital Lending Platform Market, by Type
6.1. Overview
6.2. Loan Origination
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Analysis, by Country
6.3. Decision Automation
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3. Market Analysis, by Country
6.4. Collection & Recovery
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast, by Region
6.4.3. Market Analysis, by Country
6.5. Risk and Compliance Management
6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast, by Region
6.5.3. Market Analysis, by Country
6.6. Others
6.6.1. Key Market Trends, Growth Factors, and Opportunities
6.6.2. Market Size and Forecast, by Region
6.6.3. Market Analysis, by Country
Chapter 7: Digital Lending Platform Market, by Industry Vertical
7.1. Overview
7.2. Banks
7.2.1. Key Market Trends, Growth Factors, and Opportunities
7.2.2. Use Case for Banks
7.2.3. Market Size and Forecast, by Region
7.2.4. Market Analysis, by Country
7.3. Insurance Companies
7.3.1. Key Market Trends, Growth Factors, and Opportunities
7.3.2. Use Case for Insurance Company
7.3.3. Market Size and Forecast, by Region
7.3.4. Market Analysis, by Country
7.4. Credit Unions
7.4.1. Key Market Trends, Growth Factors, and Opportunities
7.4.2. Use Case for Credit Unions
7.4.3. Market Size and Forecast, by Region
7.4.4. Market Analysis, by Country
7.5. Savings & Loan Associations
7.5.1. Key Market Trends, Growth Factors, and Opportunities
7.5.2. Use Case of Saving & Loan Associations
7.5.3. Market Size and Forecast, by Region
7.5.4. Market Analysis, by Country
7.6. Peer-To-Peer Lending
7.6.1. Key Market Trends, Growth Factors, and Opportunities
7.6.2. Use Case for Peer-To-Peer Lending
7.6.3. Market Size and Forecast, by Region
7.6.4. Market Analysis, by Country
7.7. Others
7.7.1. Key Market Trends, Growth Factors, and Opportunities
7.7.2. Market Size and Forecast, by Region
7.7.3. Market Analysis, by Country
Chapter 8: Digital Lending Platform Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends, Growth Factors and Opportunities
8.2.2. Market Size and Forecast, by Component
8.2.3. Market Size and Forecast, by Deployment Model
8.2.4. Market Size and Forecast, by Type
8.2.5. Market Size and Forecast, by Industry Vertical
8.2.6. Market Analysis by Country
8.2.6.1. U.S.
8.2.6.1.1. Market Size and Forecast, by Component
8.2.6.1.2. Market Size and Forecast, by Deployment Model
8.2.6.1.3. Market Size and Forecast, by Type
8.2.6.1.4. Market Size and Forecast, by Industry Vertical
8.2.6.2. Canada
8.2.6.2.1. Market Size and Forecast, by Component
8.2.6.2.2. Market Size and Forecast, by Deployment Model
8.2.6.2.3. Market Size and Forecast, by Type
8.2.6.2.4. Market Size and Forecast, by Industry Vertical
8.3. Europe
8.3.1. Key Market Trends, Growth Factors and Opportunities
8.3.2. Market Size and Forecast, by Component
8.3.3. Market Size and Forecast, by Deployment Model
8.3.4. Market Size and Forecast, by Type
8.3.5. Market Size and Forecast, by Industry Vertical
8.3.6. Market Analysis by Country
8.3.6.1. UK
8.3.6.1.1. Market Size and Forecast, by Component
8.3.6.1.2. Market Size and Forecast, by Deployment Model
8.3.6.1.3. Market Size and Forecast, by Type
8.3.6.1.4. Market Size and Forecast, by Industry Vertical
8.3.6.2. Germany
8.3.6.2.1. Market Size and Forecast, by Component
8.3.6.2.2. Market Size and Forecast, by Deployment Model
8.3.6.2.3. Market Size and Forecast, by Type
8.3.6.2.4. Market Size and Forecast, by Industry Vertical
8.3.6.3. France
8.3.6.3.1. Market Size and Forecast, by Component
8.3.6.3.2. Market Size and Forecast, by Deployment Model
8.3.6.3.3. Market Size and Forecast, by Type
8.3.6.3.4. Market Size and Forecast, by Industry Vertical
8.3.6.4. Russia
8.3.6.4.1. Market Size and Forecast, by Component
8.3.6.4.2. Market Size and Forecast, by Deployment Model
8.3.6.4.3. Market Size and Forecast, by Type
8.3.6.4.4. Market Size and Forecast, by Industry Vertical
8.3.6.5. Rest of Europe
8.3.6.5.1. Market Size and Forecast, by Component
8.3.6.5.2. Market Size and Forecast, by Deployment Model
8.3.6.5.3. Market Size and Forecast, by Type
8.3.6.5.4. Market Size and Forecast, by Industry Vertical
8.4. Asia-Pacific
8.4.1. Key Market Trends, Growth Factors and Opportunities
8.4.2. Market Size and Forecast, by Component
8.4.3. Market Size and Forecast, by Deployment Model
8.4.4. Market Size and Forecast, by Type
8.4.5. Market Size and Forecast, by Industry Vertical
8.4.6. Market Analysis by Country
8.4.6.1. China
8.4.6.1.1. Market Size and Forecast, by Component
8.4.6.1.2. Market Size and Forecast, by Deployment Model
8.4.6.1.3. Market Size and Forecast, by Type
8.4.6.1.4. Market Size and Forecast, by Industry Vertical
8.4.6.2. Japan
8.4.6.2.1. Market Size and Forecast, by Component
8.4.6.2.2. Market Size and Forecast, by Deployment Model
8.4.6.2.3. Market Size and Forecast, by Type
8.4.6.2.4. Market Size and Forecast, by Industry Vertical
8.4.6.3. India
8.4.6.3.1. Market Size and Forecast, by Component
8.4.6.3.2. Market Size and Forecast, by Deployment Model
8.4.6.3.3. Market Size and Forecast, by Type
8.4.6.3.4. Market Size and Forecast, by Industry Vertical
8.4.6.4. Southeast Asia
8.4.6.4.1. Market Size and Forecast, by Component
8.4.6.4.2. Market Size and Forecast, by Deployment Model
8.4.6.4.3. Market Size and Forecast, by Type
8.4.6.4.4. Market Size and Forecast, by Industry Vertical
8.4.6.5. Rest of Asia-Pacific
8.4.6.5.1. Market Size and Forecast, by Component
8.4.6.5.2. Market Size and Forecast, by Deployment Model
8.4.6.5.3. Market Size and Forecast, by Type
8.4.6.5.4. Market Size and Forecast, by Industry Vertical
8.5. LAMEA
8.5.1. Key Market Trends, Growth Factors and Opportunities
8.5.2. Market Size and Forecast, by Component
8.5.3. Market Size and Forecast, by Deployment Model
8.5.4. Market Size and Forecast, by Type
8.5.5. Market Size and Forecast, by Industry Vertical
8.5.6. Market Analysis by Country
8.5.6.1. Latin America
8.5.6.1.1. Market Size and Forecast, by Component
8.5.6.1.2. Market Size and Forecast, by Deployment Model
8.5.6.1.3. Market Size and Forecast, by Type
8.5.6.1.4. Market Size and Forecast, by Industry Vertical
8.5.6.2. Middle East
8.5.6.2.1. Market Size and Forecast, by Component
8.5.6.2.2. Market Size and Forecast, by Deployment Model
8.5.6.2.3. Market Size and Forecast, by Type
8.5.6.2.4. Market Size and Forecast, by Industry Vertical
8.5.6.3. Africa
8.5.6.3.1. Market Size and Forecast, by Component
8.5.6.3.2. Market Size and Forecast, by Deployment Model
8.5.6.3.3. Market Size and Forecast, by Type
8.5.6.3.4. Market Size and Forecast, by Industry Vertical
Chapter 9: Competitive Landscape
9.1. Introduction
9.1.1. Market Player Positioning, 2020
9.2. Top Winning Strategies
9.3. Competitive Dashboard
Chapter 10: Company Profile
10.1. Black Knight, Inc.
10.1.1. Company Overview
10.1.2. Key Executive
10.1.3. Company Snapshot
10.1.4. Operating Business Segments
10.1.5. Product Portfolio
10.1.6. Business Performance
10.1.7. Key Strategic Moves and Developments
10.2. Ellie Mae, Inc. (Acquired by Intercontinental Exchange, Inc.)
10.2.1. Company Overview
10.2.2. Key Executive
10.2.3. Company Snapshot
10.2.4. Operating Business Segments
10.2.5. Product Portfolio
10.2.6. Business Performance
10.2.7. Key Strategic Moves and Developments
10.3. Finastra
10.3.1. Company Overview
10.3.2. Key Executive
10.3.3. Company Snapshot
10.3.4. Product Portfolio
10.3.5. Key Strategic Moves and Developments
10.4. Fis
10.4.1. Company Overview
10.4.2. Company Snapshot
10.4.3. Operating Business Segments
10.4.4. Product Portfolio
10.4.5. Business Performance
10.4.6. Key Strategic Moves and Developments
10.5. Fiserv, Inc.
10.5.1. Company Overview
10.5.2. Company Snapshot
10.5.3. Operating Business Segments
10.5.4. Product Portfolio
10.5.5. Business Performance
10.5.6. Key Strategic Moves and Developments
10.6. Intellect Design Arena Ltd.
10.6.1. Company Overview
10.6.2. Key Executive
10.6.3. Company Snapshot
10.6.4. Product Portfolio
10.6.5. R&D Expenditure
10.6.6. Business Performance
10.6.7. Key Strategic Moves and Developments
10.7. Nucleus Software Exports Ltd.
10.7.1. Company Overview
10.7.2. Key Executive
10.7.3. Company Snapshot
10.7.4. Product Portfolio
10.7.5. Business Performance
10.7.6. Key Strategic Moves and Developments
10.8. Tavant
10.8.1. Company Overview
10.8.2. Key Executive
10.8.3. Company Snapshot
10.8.4. Product Portfolio
10.8.5. Key Strategic Moves and Developments
10.9. Temenos
10.9.1. Company Overview
10.9.2. Key Executive
10.9.3. Company Snapshot
10.9.4. Operating Business Segments
10.9.5. Product Portfolio
10.9.6. Business Performance
10.9.7. Key Strategic Moves and Developments
10.10. Wipro Limited
10.10.1. Company Overview
10.10.2. Key Executive
10.10.3. Company Snapshot
10.10.4. Operating Business Segments
10.10.5. Product Portfolio
10.10.6. R&D Expenditure
10.10.7. Business Performance
10.10.8. Key Strategic Moves and Developments

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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