Quick Summary:
In the ever-evolving financial landscape, it's essential to stay informed about opportunities for growth and innovation. For those at the helm of dynamic businesses, our report on the microfinance market offers valuable insights. The report presents a holistic analysis of key facets like market size and forecast, trends, growth drivers, challenges, and vendor analysis. It is tailored to arm decision-makers with actionable intelligence, helping navigate this expanding market sector with confidence and strategic foresight.
The market is witnessing a surge driven by factors as diverse as the advent of social media, global digital connectedness, and an appetite for quick and accessible credit solutions. Moreover, the rapid growth in the APAC region, coupled with the incorporation of AI and machine learning in microfinance and the use of crowdfunding platforms, are identified as crucial factors fueling growth. Our report offers an in-depth analysis of these trends and more, enabling businesses to leverage these growth opportunities effectively and enhance their market position.
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The microfinance market is forecasted to grow by USD 166.95 bn during 2023-2028, accelerating at a CAGR of 12.86% during the forecast period. The report on the microfinance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by emergence of social media associated with growing digital connectivity, quick and easy access to credit, and increased focus on cost optimization and scaling computation.
The microfinance market is segmented as below:
By Type
- Banks
- Non-banks
By End-user
- Small enterprises
- Solo entrepreneurs
- Micro entrepreneurs
By Geographical Landscape
- APAC
- South America
- North America
- Europe
- Middle East and Africa
The report on the microfinance market covers the following areas:
- Microfinance market sizing
- Microfinance market forecast
- Microfinance market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global microfinance market: Access Microfinance Holding AG, Accion International, Al Amana Microfinance, AL BARAKAH MICROFINANCE BANK, Annapurna Finance P Ltd., Asirvad Microfinance Ltd, Bandhan Bank Ltd., CDC Small Business Finance, DEVAID Ltd., FINCA International Inc., GENTERA S.A.B. de C.V., Grameen Foundation, IndusInd Bank Ltd., Kiva Microfunds, Kotak Mahindra Bank Ltd., Opportunity International, Pacific Community Ventures, PT Bank Rakyat Indonesia Persero Tbk, Stichting BRAC International, and IGP Advantag AG.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is rapid growth in APAC.'
According to the report, one of the major drivers for this market is the emergence of social media associated with growing digital connectivity.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Access Microfinance Holding AG
- Accion International
- Al Amana Microfinance
- AL BARAKAH MICROFINANCE BANK
- Annapurna Finance P Ltd.
- Asirvad Microfinance Ltd
- Bandhan Bank Ltd.
- CDC Small Business Finance
- DEVAID Ltd.
- FINCA International Inc.
- GENTERA S.A.B. de C.V.
- Grameen Foundation
- IndusInd Bank Ltd.
- Kiva Microfunds
- Kotak Mahindra Bank Ltd.
- Opportunity International
- Pacific Community Ventures
- PT Bank Rakyat Indonesia Persero Tbk
- Stichting BRAC International
- IGP Advantag AG
