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The micro lending market is forecasted to grow by USD 532.1 billion during 2024-2029, accelerating at a CAGR of 28.1% during the forecast period. The report on the micro lending 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 adoption of advance technology in micro financing, easier eligibility for microfinance, and diverse lending options.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The micro lending market is segmented as below:
By Source
- Banks
- NBFCs
- MFIs
By End-user
- Small enterprises
- Solo entrepreneurs
- Micro-entrepreneurs
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the micro lending market covers the following areas:
- Micro Lending Market sizing
- Micro Lending Market forecast
- Micro Lending Market industry analysis
The report 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 primary and secondary research. 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 accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Source
9 Market Segmentation by End-user
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global micro lending market: Accion International, Bajaj Finserv Ltd., Bluevine Inc., ESAF Small Finance Bank, Fincare Small Finance Bank Ltd., Fusion Micro Finance Ltd., HDB Financial Services Ltd., ICICI Bank Ltd., Larsen and Toubro Ltd., LendingClub Corp., Lendio Inc., Lendr.Online LLC, Oakam Ltd., On Deck Capital Inc., Panamax Inc., Small Industries Development Bank of India, and Ujjivan Small Finance Bank Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rise in adoption of micro lending in developing nations."
According to the report, one of the major drivers for this market is the adoption of advance technology in micro financing.
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 (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accion International
- Bajaj Finserv Ltd.
- Bluevine Inc.
- ESAF Small Finance Bank
- Fincare Small Finance Bank Ltd.
- Fusion Micro Finance Ltd.
- HDB Financial Services Ltd.
- ICICI Bank Ltd.
- Larsen and Toubro Ltd.
- LendingClub Corp.
- Lendio Inc.
- Lendr.Online LLC
- Oakam Ltd.
- On Deck Capital Inc.
- Panamax Inc.
- Small Industries Development Bank of India
- Ujjivan Small Finance Bank Ltd.