Global Fintech Market 2024-2028
Fintech Market 2024-2028
The fintech market is forecasted to grow by USD 536.6 bn during 2023-2028, accelerating at a CAGR of 28.34% during the forecast period. The report on the fintech market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
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 influence of digitalization in fintech market, integration of big data and artificial intelligence in fintech, and innovation and development in technology.
Technavio's fintech market is segmented as below:
By Application
By End-user
- Banking
- Insurance
- Securities
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the growing popularity of blockchain as one of the prime reasons driving the fintech market growth during the next few years. Also, rise in cloud-based solutions and rise in popularity of open banking will lead to sizable demand in the market.
The report on the fintech market covers the following areas:
- Fintech market sizing
- Fintech market forecast
- Fintech market industry analysis
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fintech market vendors that include Acorns Advisers LLC, Adyen NV, Affirm Holdings Inc., Alphabet Inc., AlphaSense Inc, Avant LLC, Barker Brooks Communications Ltd., Camden Town Technologies Pvt Ltd., CLYDE TECHNOLOGIES, INC, Earnest Fintech, FinTech Sandbox Inc., Fundrise LLC, International Business Machines Corp., Microsoft Corp., PayPal Holdings Inc., SIGMOIDAL LLC., SoFi Technologies Inc., Stripe Inc., and Upstart Network Inc.. Also, the fintech market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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.