Global Peer to Peer (P2P) Lending Market 2024-2028
Global Peer To Peer (P2P) Lending Market 2024-2028
The peer to peer (p2p) lending market is forecasted to grow by USD 754 bn during 2023-2028, accelerating at a CAGR of 39% during the forecast period. The report on the peer to peer (p2p) lending 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 reduced operational costs of p2p lending vendors, use of advanced technologies in lending process, and rising number of small and mid-sized enterprises.
Technavio's peer to peer (p2p) lending market is segmented as below:
By Business Segment
- Traditional lending
- Marketplace lending
By End-user
- Individual consumer
- Small businesses
- Large businesses
- Real estate
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the rise in adoption of digital loans as one of the prime reasons driving the peer to peer (p2p) lending market growth during the next few years. Also, growing popularity of p2p lending investments and low interest rates offered by p2p lenders will lead to sizable demand in the market.
The report on the peer to peer (p2p) lending market covers the following areas:
- Peer to peer (p2p) lending market sizing
- Peer to peer (p2p) lending market forecast
- Peer to peer (p2p) lending market industry analysis
The robust 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 peer to peer (p2p) lending market vendors that include AS Mintos Marketplace, Avant LLC, Bondora Capital OU, Bridge Fintech Solutions Pvt. Ltd., Enova International Inc., Fairassets Technologies India Pvt. Ltd., Funding Circle Holdings plc, Innofin Solutions Pvt. Ltd., Kiva Microfunds, Lendbox, LendingClub Corp., Lendingkart Finance Ltd., LendingTree LLC, Metro Bank Plc, Prosper Funding LLC, and Zopa Bank Ltd.. Also, the peer to peer (p2p) lending 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.