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Digital Lending Market, By Type and By Geography - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

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    Report

  • 165 Pages
  • November 2022
  • Region: Global
  • Coherent Market Insights Pvt Ltd.
  • ID: 5714413
Digital lending makes it easier for financial institutions to increase their productivity and increase loan earnings. It also provides faster service at point of sale (POS). The digital platform makes the entire loan application process easy and secure. Prospective borrowers can apply for loan products from any internet-enabled device. The process can be as simple as a simple online loan application, or as complicated as an automated loan origination system that automates all the tasks in the loan process.

Digital lending uses modern financial services technology and improved data-driven financing practices to provide the best possible customer experience. By integrating these technologies into the lending process, financial institutions can offer a convenient, self-serve lending experience via a mobile app. It also allows lenders to provide better service to their customers and increase their profitability.

Market Dynamics:

Digital lending platforms have risen in popularity in developing countries and this is expected to propel growth of the global digital lending market over the forecast period. Moreover, some of the biggest players in the digital lending market are expanding their product offerings and their scope of operations and are increasing their investment in fintech and creating infrastructure for deposit accounts, card issuance, and payment rails, this in turn is anticipated to fuel the market growth.

However, the market is likely to witness restraints such as high dependency on conventional lending procedures, data security and privacy related concerns.

Key Features of the Study:

  • This report provides in-depth analysis of the global digital lending market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering 2021 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global digital lending market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include On Deck Capital Inc., Lendingclub Corp., and Social Finance Inc. (Sofi).
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global digital lending market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global digital lending market

Detailed Segmentation:

Global Digital Lending Market, By Type

  • Business
  • Consumer

Global Digital Lending Market, By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Company Profiles:

  • On Deck Capital Inc.
  • Lendingclub Corp.
  • Social Finance Inc. (Sofi)

Table of Contents

1. Research Objectives and Assumptions
  • Research Objectives
  • Assumptions
  • Abbreviations
2. Market Purview
  • Report Description
  • Market Definition and Scope
  • Executive Summary
  • Market Snapshot, By Type
  • Market Snapshot, By Region
  • Publisher Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
  • Market Dynamics
  • Drivers
  • Rise in number of potential loan purchasers with digital behavior
  • Increasing government regulations leading to rise in digital behavior
  • Restraints
  • Concerns such as data security and privacy issues
  • High dependency of conventional lending procedures
  • Opportunities
  • Increasing development of artificial intelligence in digital lending
  • Impact Analysis
  • Key Highlights
  • Regulatory Scenario
  • Product launch/Approvals
  • PEST Analysis
  • PORTER’s Analysis
  • Merger and Acquisition Scenario
4. Global Digital Lending Market - Impact of Coronavirus (COVID-19) Pandemic
  • COVID-19 Epidemiology
  • Supply Side and Demand Side Analysis
  • Economic Impact
5. Global Digital Lending Market , By Type, 2017-2030, (US$ Mn)
  • Introduction
  • Market Share Analysis, 2022 and 2030 (%)
  • Y-o-Y Growth Analysis, 2017 - 2030
  • Segment Trends
  • Business
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
  • Consumer
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
6. Global Digital Lending Market , By Region, 2017-2030, (US$ Mn)
  • Introduction
  • Market Share Analysis, By Country, 2022 and 2030 (%)
  • Y-o-Y Growth Analysis, For Country 2017-2030
  • Country Trends
  • North America
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
  • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
  • Europe
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
  • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
  • Asia Pacific
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
  • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
  • Latin America
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
  • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
  • Middle East & Africa
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
  • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
  • Rest of World
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
  • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
7. Competitive Landscape:
  • On Deck Capital Inc.
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
  • Lendingclub Corp
  • Company Highlights
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Strategies
  • Social Finance Inc. (Sofi)
  • Company Highlights
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Strategies
  • Analyst Views
8. Section
  • Research Methodology
  • About the Author

Companies Mentioned

A selection of companies mentioned in this report includes:

  • On Deck Capital Inc.
  • Lendingclub Corp.
  • Social Finance Inc. (Sofi)