$20.3 billion from the global digital lending platform industry to 2027


DUBLIN, July 19, 2022 /PRNewswire/ — The report “Digital Lending Platforms Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” has been added to from ResearchAndMarkets.com offer.

The Global Digital Lending Platforms Market Reached A Value Of US$8.6 billion in 2021. Looking ahead, the publisher expects the market to reach US$20.3 billion by 2027, posting a CAGR of 15.39% over the period 2021-2027. Keeping in mind the uncertainties of COVID-19, we continuously monitor and assess the direct and indirect influence of the pandemic on different end-use sectors. This information is included in the report as a major market contributor.

The Digital Lending Platform (DLP) is a mortgage point-of-sale (POS) tool that makes access to financial products and services equitable and inclusive. It mainly relies on web platforms or mobile applications to manage loans. It offers several key benefits, such as increased efficiency, faster decision-making, better loan disbursement, and a simpler application process.

Currently, several companies are introducing next-generation end-to-end cloud lending platforms. Additionally, advancements in payment trends are encouraging financial institutions to adopt DLP to improve productivity, increase revenue, and provide timely services.

Due to globalization and the growing popularity of online banking, there is a rapid shift towards digitization of lending processes. This represents one of the major factors positively influencing the application of DLP in the banking, financial services and insurance (BFSI) industry for better decisions, better customer experience and significant cost savings.

Additionally, due to the Coronavirus (COVID-19) outbreak, financial institutions around the world are increasingly adopting digital channels to lend loans and meet the challenges of the pandemic. Apart from this, as DLP offers the advantages of electronic signature and easy accessibility, the increasing reliance on smartphones and the internet penetration rate act as other major factors driving the market growth.

Additionally, the growing emphasis on digital automation is helping the market grow across the globe as DLP involves minimum paperwork, thus minimizing the chance of human errors. Several companies are also integrating advanced technologies, such as blockchain, artificial intelligence (AI), machine learning, and analytics to mitigate fraud, which is enhancing the growth of the market. Moreover, the growing instances of cyber threats are increasing its adoption across the globe.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of major players namely Black Knight Inc., Finastra, FIS, Fiserv Inc., Intellect Design Arena Ltd, Intercontinental Exchange Inc., Nucleus Software Exports Ltd. , Pegasystems Inc., Roostify Inc., Tavant Technologies and Wipro Limited.

Key questions answered by this report
1. What is the expected growth rate of the global digital lending platform market between 2022 and 2027?
2. What are the key factors driving the global Digital Lending Platforms market?
3. What has been the impact of COVID-19 on the global digital lending platforms market?
4. What is the global digital lending platforms market breakdown based on type?
5. What is the breakdown of the global component-based digital lending platforms market?
6. What is the global market breakdown of digital lending platforms based on deployment model?
7. What is the breakdown of the global digital lending platforms market based on industry vertical?
8. Which are the key regions of the global digital lending platforms market?
9. Who are the key players/companies in the Global Digital Lending Platforms Market?

Main topics covered:

1 Preface

2 Scope and methodology

3 Executive summary

4 Presentation
4.1 Overview
4.2 Key Industry Trends

5 Global Digital Lending Platform Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakdown by Type
6.1 Origin of the loan
6.1.1 Market trends
6.1.2 Market Forecast
6.2 Automation of decisions
6.2.1 Market trends
6.2.2 Market Forecast
6.3 Collections and recovery
6.3.1 Market trends
6.3.2 Market Forecast
6.4 Risk and compliance management
6.4.1 Market trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market trends
6.5.2 Market Forecast

7 Market Breakdown by Component
7.1 Workaround
7.1.1 Market trends
7.1.2 Market Forecast
7.2 Services
7.2.1 Market trends
7.2.2 Market Forecast

8 Market Breakdown by Deployment Model
8.1 On-site
8.1.1 Market trends
8.1.2 Market Forecast
8.2 Cloud-based
8.2.1 Market trends
8.2.2 Market Forecast

9 Market Breakdown by Industry Vertical
9.1 Banks
9.1.1 Market trends
9.1.2 Market Forecast
9.2 Insurance companies
9.2.1 Market trends
9.2.2 Market Forecast
9.3 Credit Unions
9.3.1 Market trends
9.3.2 Market Forecast
9.4 Savings and Loans Associations
9.4.1 Market trends
9.4.2 Market Forecast
9.5 Loan between individuals
9.5.1 Market trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market trends
9.6.2 Market Forecast

10 Market Breakdown by Region

11 SWOT Analysis

12 Value chain analysis

13 Analysis of the five forces of carriers

14 Price Analysis

15 Competitive landscape
15.1 Market structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Dark Knight Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Finance
15.3.1.4 SWOT Analysis
15.3.2 Finastra
15.3.2.1 Presentation of the company
15.3.2.2 Product portfolio
15.3.2.3 SWOT Analysis
15.3.3 SIF
15.3.3.1 Company Overview
15.3.3.2 Product portfolio
15.3.3.3 Finance
15.3.3.4 SWOT Analysis
15.3.4 Fiserv Inc.
15.3.4.1 Company Overview
15.3.4.2 Product portfolio
15.3.4.3 Finance
15.3.4.4 SWOT Analysis
15.3.5 Intellect Design Arena Ltd
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Finance
15.3.6 Intercontinental Exchange Inc.
15.3.6.1 Company Overview
15.3.6.2 Product portfolio
15.3.6.3 Finance
15.3.6.4 SWOT Analysis
15.3.7 Nucleus Software Exports Ltd.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Finance
15.3.8 Pegasystems Inc.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Finance
15.3.8.4 SWOT Analysis
15.3.9 Roostify Inc.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Tavant Technologies
15.3.10.1 Company Overview
15.3.10.2 Product portfolio
15.3.11 Wipro Limited
15.3.11.1 Company Overview
15.3.11.2 Product portfolio
15.3.11.3 Finance
15.3.11.4 SWOT Analysis

For more information about this report visit https://www.researchandmarkets.com/r/1gb0lr

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