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Lending and Payments Global Market Report 2021: COVID-19 Impact and Recovery to 2030

  • ID: 5240320
  • Report
  • January 2021
  • Region: Global
  • The Business Research Company

FEATURED COMPANIES

  • Bank of China
  • JP Morgan
  • Wells Fargo
Lending And Payments Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global lending and payments market as it emerges from the COVID-19 shut down.







Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the lending and payments? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Lending And Payments market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider lending and payments market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The lending and payments market section of the report gives context. It compares the lending and payments market with other segments of the financial services market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, lending and payments indicators comparison.

Scope

Markets Covered:
1) By Type: Lending; Cards & Payments
2) By End User: B2B; B2C

Subsegments Covered: Corporate Lending; Household Lending; Government Lending; Cards; Payments

Companies Mentioned: Industrial and Commercial Bank of China; Agricultural Bank of China; Bank of China; JP Morgan; Wells Fargo

Metrics Covered: Number of Enterprises; Number of Employees

Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, lending and payments indicators comparison.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Frequently Asked Questions about the Global Lending and Payments Market

What is the estimated value of the Global Lending and Payments Market?

The Global Lending and Payments Market was estimated to be valued at $7662.2 billion in 2021.

What is the growth rate of the Global Lending and Payments Market?

The growth rate of the Global Lending and Payments Market is 6.3%, with an estimated value of $9770.9 billion by 2025.

What is the forecasted size of the Global Lending and Payments Market?

The Global Lending and Payments Market is estimated to be worth $9770.9 billion by 2025.

Who are the key companies in the Global Lending and Payments Market?

Key companies in the Global Lending and Payments Market include Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China and Wells Fargo.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Bank of China
  • JP Morgan
  • Wells Fargo

1. Executive Summary2. Report Structure
3. Lending And Payments Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Lending And Payments Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Lending And Payments Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Lending And Payments Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Lending And Payments Market Trends And Strategies8. Impact Of COVID-19 On Lending And Payments
9. Lending And Payments Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. Lending And Payments Market Regional Analysis
10.1. Global Lending And Payments Market, 2020, By Region, Value ($ Billion)
10.2. Global Lending And Payments Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
10.3. Global Lending And Payments Market, Growth And Market Share Comparison, By Region
11. Lending And Payments Market Segmentation
11.1. Global Lending And Payments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Lending
  • Cards & Payments
11.2. Global Lending And Payments Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • B2B
  • B2C

12. Lending And Payments Market Segments
12.1. Global Lending Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Corporate Lending; Household Lending; Government Lending
12.2. Global Cards & Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Cards; Payments
13. Lending And Payments Market Metrics
13.1. Lending And Payments Market Size, Percentage Of GDP, 2015-2025, Global
13.2. Per Capita Average Lending And Payments Market Expenditure, 2015-2025, Global
14. Asia-Pacific Lending And Payments Market
14.1. Asia-Pacific Lending And Payments Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Asia-Pacific, Lending And Payments Market, 2020, By Country, Value ($ Billion)
14.3. Asia-Pacific, Lending And Payments Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
14.4. Asia-Pacific, Lending And Payments Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
14.5. Asia-Pacific, Lending And Payments Market Metrics
14.5.1. Per Capita Average Lending And Payments Expenditure, 2015-2025, Asia-Pacific Countries
14.5.2. Number of Enterprises, Lending And Payments Market, Lending And Payments Market/Number of Enterprises, 2020, Asia-Pacific Countries
14.5.3. Number of Employees, Lending And Payments Market, Lending And Payments Market/Number of Employees, 2020, Asia-Pacific Countries
14.6. Asia-Pacific Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7. Asia-Pacific Lending And Payments Market: Country Analysis
14.7.1. China Lending And Payments Market
14.7.1.1. China Lending And Payments Market Overview
14.7.1.2. China Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.2. Australia Lending And Payments Market
14.7.2.1. Australia Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.3. Hong Kong Lending And Payments Market
14.7.3.1. Hong Kong Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.4. India Lending And Payments Market
14.7.4.1. India Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.5. Indonesia Lending And Payments Market
14.7.5.1. Indonesia Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.6. Japan Lending And Payments Market
14.7.6.1. Japan Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.7. Malaysia Lending And Payments Market
14.7.7.1. Malaysia Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.8. New Zealand Lending And Payments Market
14.7.8.1. New Zealand Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.9. Philippines Lending And Payments Market
14.7.9.1. Philippines Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.10. Singapore Lending And Payments Market
14.7.10.1. Singapore Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.11. South Korea Lending And Payments Market
14.7.11.1. South Korea Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.12. Thailand Lending And Payments Market
14.7.12.1. Thailand Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.13. Vietnam Lending And Payments Market
14.7.13.1. Vietnam Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15. Western Europe Lending And Payments Market
15.1. Western Europe Lending And Payments Market Overview
15.2. Western Europe, Lending And Payments Market, 2020, By Country, Value ($ Billion)
15.3. Western Europe, Lending And Payments Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
15.4. Western Europe, Lending And Payments Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
15.5. Western Europe, Lending And Payments Market Metrics
15.5.1. Per Capita Average Lending And Payments Expenditure, 2015-2025, Western Europe Countries
15.5.2. Number of Enterprises, Lending And Payments Market, Lending And Payments Market/Number of Enterprises, 2020, Western Europe Countries
15.5.3. Number of Employees, Lending And Payments Market, Lending And Payments Market/Number of Employees, 2020, Western Europe Countries
15.6. Western Europe Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7. Western Europe Lending And Payments Market: Country Analysis
15.7.1. Austria Lending And Payments Market
15.7.1.1. Austria Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.2. Belgium Lending And Payments Market
15.7.2.1. Belgium Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.3. Denmark Lending And Payments Market
15.7.3.1. Denmark Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.4. Finland Lending And Payments Market
15.7.4.1. Finland Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.5. France Lending And Payments Market
15.7.5.1. France Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.6. Germany Lending And Payments Market
15.7.6.1. Germany Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.7. Ireland Lending And Payments Market
15.7.7.1. Ireland Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.8. Italy Lending And Payments Market
15.7.8.1. Italy Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.9. Netherlands Lending And Payments Market
15.7.9.1. Netherlands Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.10. Norway Lending And Payments Market
15.7.10.1. Norway Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.11. Portugal Lending And Payments Market
15.7.11.1. Portugal Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.12. Spain Lending And Payments Market
15.7.12.1. Spain Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.13. Sweden Lending And Payments Market
15.7.13.1. Sweden Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.14. Switzerland Lending And Payments Market
15.7.14.1. Switzerland Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.15. UK Lending And Payments Market
15.7.15.1. UK Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16. Eastern Europe Lending And Payments Market
16.1. Eastern Europe Lending And Payments Market Overview
16.2. Eastern Europe, Lending And Payments Market, 2020, By Country, Value ($ Billion)
16.3. Eastern Europe, Lending And Payments Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
16.4. Eastern Europe, Lending And Payments Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
16.5. Eastern Europe, Lending And Payments Market Metrics
16.5.1. Per Capita Average Lending And Payments Expenditure, 2015-2025, Eastern Europe Countries
16.5.2. Number of Enterprises, Lending And Payments Market, Lending And Payments Market/Number of Enterprises, 2020, Eastern Europe Countries
16.5.3. Number of Employees, Lending And Payments Market, Lending And Payments Market/Number of Employees, 2020, Eastern Europe Countries
16.6. Eastern Europe Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7. Eastern Europe Lending And Payments Market: Country Analysis
16.7.1. Czech Republic Lending And Payments Market,
16.7.1.1. Czech Republic Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.2. Poland Lending And Payments Market
16.7.2.1. Poland Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.3. Romania Lending And Payments Market
16.7.3.1. Romania Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.4. Russia Lending And Payments Market
16.7.4.1. Russia Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17. North America Lending And Payments Market
17.1. North America Lending And Payments Market Overview
17.2. North America, Lending And Payments Market, 2020, By Country, Value ($ Billion)
17.3. North America, Lending And Payments Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
17.4. North America, Lending And Payments Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
17.5. North America, Lending And Payments Market Metrics
17.5.1. Per Capita Average Lending And Payments Expenditure, 2015-2025, North America Countries
17.5.2. Number of Enterprises, Lending And Payments Market, Lending And Payments Market/Number of Enterprises, 2020, North America Countries
17.5.3. Number of Employees, Lending And Payments Market, Lending And Payments Market/Number of Employees, 2020, North America Countries
17.6. North America Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7. North America Lending And Payments Market: Country Analysis
17.7.1. Canada Lending And Payments Market
17.7.1.1. Canada Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.2. Mexico Lending And Payments Market
17.7.2.1. Mexico Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.3. USA Lending And Payments Market
17.7.3.1. USA Lending And Payments Market Overview
17.7.3.2. USA Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18. South America Lending And Payments Market
18.1. South America Lending And Payments Market Overview
18.2. South America, Lending And Payments Market, 2020, By Country, Value ($ Billion)
18.3. South America, Lending And Payments Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
18.4. South America, Lending And Payments Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
18.5. South America, Lending And Payments Market Metrics
18.5.1. Per Capita Average Lending And Payments Expenditure, 2015-2025, South America Countries
18.5.2. Number of Enterprises, Lending And Payments Market, Lending And Payments Market/Number of Enterprises, 2020, South America Countries
18.5.3. Number of Employees, Lending And Payments Market, Lending And Payments Market/Number of Employees, 2020, South America Countries
18.6. South America Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7. South America Lending And Payments Market: Country Analysis
18.7.1. Argentina Lending And Payments Market
18.7.1.1. Argentina Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.2. Brazil Lending And Payments Market
18.7.2.1. Brazil Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.3. Chile Lending And Payments Market
18.7.3.1. Chile Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.4. Colombia Lending And Payments Market
18.7.4.1. Colombia Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.5. Peru Lending And Payments Market
18.7.5.1. Peru Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.6. Venezuela Lending And Payments Market
18.7.6.1. Venezuela Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19. Middle East Lending And Payments Market
19.1. Middle East Lending And Payments Market Overview
19.2. Middle East, Lending And Payments Market, 2020, By Country, Value ($ Billion)
19.3. Middle East, Lending And Payments Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
19.4. Middle East, Lending And Payments Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
19.5. Middle East, Lending And Payments Market Metrics
19.5.1. Per Capita Average Lending And Payments Expenditure, 2015-2025, Middle East Countries
19.5.2. Number of Enterprises, Lending And Payments Market, Lending And Payments Market/Number of Enterprises, 2020, Middle East Countries
19.5.3. Number of Employees, Lending And Payments Market, Lending And Payments Market/Number of Employees, 2020, Middle East Countries
19.6. Middle East Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7. Middle East Lending And Payments Market: Country Analysis
19.7.1. Saudi Arabia Lending And Payments Market
19.7.1.1. Saudi Arabia Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.2. Israel Lending And Payments Market
19.7.2.1. Israel Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.3. Turkey Lending And Payments Market
19.7.3.1. Turkey Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.4. UAE Lending And Payments Market
19.7.4.1. UAE Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20. Africa Lending And Payments Market
20.1. Africa Lending And Payments Market Overview
20.2. Africa, Lending And Payments Market, 2020, By Country, Value ($ Billion)
20.3. Africa, Lending And Payments Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
20.4. Africa, Lending And Payments Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
20.5. Africa, Lending And Payments Market Metrics
20.5.1. Per Capita Average Lending And Payments Expenditure, 2015-2025, Africa Countries
20.5.2. Number of Enterprises, Lending And Payments Market, Lending And Payments Market/Number of Enterprises, 2020, Africa Countries
20.5.3. Number of Employees, Lending And Payments Market, Lending And Payments Market/Number of Employees, 2020, Africa Countries
20.6. Africa Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7. Africa Lending And Payments Market: Country Analysis
20.7.1. Egypt Lending And Payments Market
20.7.1.1. Egypt Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7.2. Nigeria Lending And Payments Market
20.7.2.1. Nigeria Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7.3. South Africa Lending And Payments Market
20.7.3.1. South Africa Lending And Payments Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
21. Lending And Payments Market Competitive Landscape
21.1. Competitive Market Overview
21.2. Market Shares
21.3. Company Profiles
21.3.1. Industrial and Commercial Bank of China
21.3.1.1. Company Overview
21.3.1.2. Products And Services
21.3.1.3. Strategy
21.3.1.4. Financial Performance
21.3.2. Agricultural Bank of China
21.3.2.1. Company Overview
21.3.2.2. Products And Services
21.3.2.3. Strategy
21.3.2.4. Financial Performance
21.3.3. Bank of China
21.3.3.1. Company Overview
21.3.3.2. Products And Services
21.3.3.3. Strategy
21.3.3.4. Financial Performance
21.3.4. JP Morgan
21.3.4.1. Company Overview
21.3.4.2. Products And Services
21.3.4.3. Strategy
21.3.4.4. Financial Performance
21.3.5. Wells Fargo
21.3.5.1. Company Overview
21.3.5.2. Products And Services
21.3.5.3. Strategy
21.3.5.4. Financial Performance
22. Key Mergers And Acquisitions In The Lending And Payments Market
23. Market Background: Financial Services Market
23.1. Financial Services Market Characteristics
23.2. Financial Services Market Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Growth, By Segment, Value ($ Billion), Global
23.3. Global Financial Services Market, 2020, By Region, Value ($ Billion)
23.4. Global Financial Services Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
23.5. Global Financial Services Market, 2015-2020, 2020-2025F, 2030F, Segmentation By Type, Value ($ Billion)
24. Recommendations
24.1. Global Lending And Payments Market In 2025- Growth Countries
24.2. Global Lending And Payments Market In 2025- Growth Segments
24.3. Global Lending And Payments Market In 2025- Growth Strategies
25. Appendix
25.1. NAICS Definitions Of Industry Covered In This Report
25.2. Abbreviations
25.3. Currencies
25.4. Research Inquiries
25.5. The Publisher
26. Copyright And Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Bank of China
  • JP Morgan
  • Wells Fargo
Major companies in the lending and payments market include Industrial and Commercial Bank of China; Agricultural Bank of China; Bank of China; JP Morgan and Wells Fargo.

The global lending and payments market is expected to grow from $6708.1 billion in 2020 to $7662.19 billion in 2021 at a compound annual growth rate (CAGR) of 14.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $9770.89 billion in 2025 at a CAGR of 6%.

The lending and payments market consists of sales of lending and payments services by entities (organizations, sole traders and partnerships) that are engaged in lending and payments related activities such as lending, payments and money transfer services. The lending and payments industry is categorized on the basis of the business model of the firms present in the industry. Some firms offering lending services may offer other services, financial or otherwise. Revenues from lending and payments services include interest on loans, margins or commissions charged on transactions, and not the loan or repayment values themselves. The lending and payments market is segmented into lending; and cards & payments.

Western Europe was the largest region in the global lending and payments market, accounting for 34% of the market in 2020. Asia Pacific was the second largest region accounting for 28% of the global lending and payments market. Africa was the smallest region in the global lending and payments market.

Alternative lending is gaining traction as it gives loans to individuals and businesses who cannot access loans through traditional banking platforms. Alternative lending is becoming popular mainly because offering commercial loans to small businesses is deemed unprofitable by traditional banks. Alternative lenders rely on advanced technologies such as big data to obtain data-driven insights, which can be used to quicken the overall lending process. This allows alternative lenders to earn profits on loans which are conventionally considered unprofitable by traditional lenders. Examples of alternative lenders include Lending Club and OnDeck.

Artificial Intelligence is gaining prominence in payments sector due to its various applications allowing the businesses in synthesizing data to improve customer experience. Artificial Intelligence refers to the development of computer systems which are able to perform tasks using human intelligence. AI enables payment companies to improve their operational efficiency such as reducing processing times, error free insights and increased automation. Many banking and non-banking institutions are using AI application to monitor payment transactions from the point of payment message to payment gateway. For example, AI enabled application chatbots are being adopted by payment firms as they are able to understand customer language and respond to customer queries on real-time basis.AI machine learning is significantly used to improve fraud detection and reduce false transactions. For Instance, in 2018, Pega conducted a survey on AI in payments industry. According to the survey, 72% of payment industry executives have understood the importance of AI and 28% felt uncomfortable with use of AI.
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A selection of companies mentioned in this report includes:

  • Industrial and Commercial Bank of China
  • Agricultural Bank of China
  • Bank of China
  • JP Morgan
  • Wells Fargo
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