Peer to Peer (P2P) Lending Market Size, Competitive Landscape, Revenue Analysis, 2028

The Peer to Peer (P2P) Lending Market is forecast to grow from USD 138.71 Billion in 2020 to USD 912.43 Billion by 2028, at a CAGR of 26.6 %during the forecast period. Low market risk and affordable operating cost are the major driving factor of the market.

The Peer to Peer (P2P) Lending Market is forecasted to show significant growth due to the increase in implementation online application and growing demand of the technology traditional banking systems.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1386

Peer to Peer (P2P) Lending is a process of debt financing that allows different individuals to borrow and lend money using an online platform. The quantity of interest charged for P2P loans is lower than compared to the traditional prime loans. Investors gets only a portion of the loan and spread the amount of the loan across many buyers.

Some of the major key players in the market are Prosper Marketplace, Inc.(US), Upstart Network Inc. (US), Common Bond Inc (US), Funding Circle Limited (UK), Avant, Inc. (US), CircleBack Lending, Inc. (US), Social Finance Inc. (US), Peer form (US), Pave, Inc. (US), Daric Inc. (US)

For the purpose of this report, the market has been segmented on the basis of Business, User and region:

Business Outlook (Revenue, USD Million; 2020-2028)

  • Alternate marketplace lending
  • Traditional lending

User Outlook (Revenue, USD Million; 2020-2028)

  • Small business loans
  • Consumer credit loans
  • Real estate loans
  • Student loans

Regional Outlook (Revenue, USD Million; 2020-2028)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

To know more about the report @ https://www.reportsanddata.com/report-detail/peer-to-peer-p2p-lending-market

Further key findings from the report suggest

  • The Peer to Peer (P2P) Lending Market is forecast to grow from USD 138.71 Billion in 2020 to USD 567.30 billion by 2028, at a CAGR of 26.6 %during the forecast period. Low market risk and affordable operating cost are the major driving factor of the market.
  • Based on Business, it is divided as Alternate marketplace lending, Traditional lending. The traditional P2P model is growing on a large-scale basis, mainly in developing regions. Due to less availability of modern technologies in the region, it is enhancing numerous companies adopt the P2P model. However, the marketplace lending model is slowly spreading all over the globe and is estimated to overtake the traditional model during the next few years.
  • Based on User, the market is segmented as Small business loans, Consumer credit loans, Real estate loans, Student loans. A majority of students seek loan at minimal interest rates and this is usually offered by the traditional money lenders which in turn is increasing the growth of the market by 27.3 %. Student population is increasing by the day. Alternative small business lending platforms use digital tools and machines to provide credit facility to a wide range of small businesses quickly and effectively, mostly to those who have been rejected by banks. Thus, small businesses act as a major user in Peer to Peer Lending market.
  • The P2P Lending Market is segmented across five regions, namely, North America, Asia-Pacific (APAC), Europe, the Middle East and Africa (MEA), and Latin America. APAC isforecasted to dominate themarket with a highest share of 40%

 

Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1386

 

Key Features of the Peer to Peer (P2P) Lending Market Report:

·         Detailed assessment and exhaustive understanding of the Peer to Peer (P2P) Lending Market

·         Significant insights into manufacturing processes, major barriers, and risks

·         8-year forecast estimation to offer information about the market size and market share on the global and regional levels

·         Evaluation of the key drivers, restraints, growth opportunities, threats, limitations, barriers, and other key elements

·         Identification of growth prospects and potential for the Peer to Peer (P2P) Lending industry

·         Comprehensive analysis of the key market players and their strategies

 

Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/1386

Thank you for reading our report. Customization of this report is available. Please get in touch with us for further inquiry.

 

Browse More Related Reports –

Kava Root Extract Market @ https://www.reportsanddata.com/report-detail/kava-root-extract-market

Cassava Starch Market @ https://www.reportsanddata.com/report-detail/cassava-starch-market

Meat Starter Cultures Market @ https://www.reportsanddata.com/report-detail/meat-starter-cultures-market

Food Antioxidants Market @ https://www.reportsanddata.com/report-detail/food-antioxidants-market

Lactose-free Infant Formula Market @ https://www.reportsanddata.com/report-detail/electronic-table-games-market

Jewelry Market @ https://www.reportsanddata.com/report-detail/jewelry-market

Visit Our Blog @ https://reportsanddata.com/blog/top-8-food-industry-trends

About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Comments

Post a Comment

Popular posts from this blog

Transportation Ticket Vending Machine (TVM) Market competitive Landscape, Revenue Analysis, 2027

The global Transportation Ticket Vending Machine (TVM) market research report is an investigative study that offers a panoramic view to offer a holistic understanding of the market scenario in terms of market share, market size, revenue growth, technological developments, product advancements, market volume, materials, and an overall industry overview of the Transportation Ticket Vending Machine (TVM) market. The report is formulated by authentic information and industry wide data that offers accurate forecast estimation of growth of the market along with revenue CAGR for the period of 2021-2028. The report also provides strategic recommendation to the new entrants as well as established players to help them capitalize on the lucrative market growth prospects. The report also includes SWOT analysis and Porter’s Five Forces analysis to offer clear understanding of the competitive landscape of the market. Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/...
Read more

Serial Port Server Market Share Analysis, Market Growth Forecast, 2020–2027

Global Serial Port Server Market research report is an extensive analysis of the Serial Port Server market and covers a thorough analysis of the competitive landscape, applications, product types, top companies, and regional spread. All the findings and data have been gathered through extensive primary and secondary research and have been validated by industry experts and research analysts. The report also provides a comprehensive analysis of the drivers, restraints, limitations, threats, and growth opportunities of the market. The report covers a comprehensive industrial chain analysis and value chain analysis and provides insights into upstream raw materials, downstream buyers, and overall industry overview. The report describes in detail the dynamic changes in the business landscape of the FMCG industry and provides accurate forecast estimates. The report further provides crucial insights into key drivers, restraints, growth prospects, and opportunities expected to influence mark...
Read more

Organic Starch Market Size, Company Revenue Share, Key Drivers & Trend Analysis, 2020–2026

According to the current analysis of Reports and Data, the global  Organic Starch market  was valued at USD 36.27 Billion in 2018 and is expected to reach USD 52.19 Billion by year 2026, at a CAGR of 4.6%. As the lifestyle of people today comprises of long working hours, there is a surging demand for ready-to-eat convenience foods, that are easily available in retail stores. Organic starch is an important bulking, sweetening and binding agent in such applications. It also finds important applications in the textile and pharmaceuticals industry, in applications like textile sixing of cotton clothes and diluting, binding and lubrication processes. It is due to such desirable properties that organic starch is observed to be gaining a significant traction on a global level. While the developed European and American economies currently hold a large market share both in production and consumption of organic starch, the Asia Pacific region along with other emerging economies is exp...
Read more