Digital Lending Platforms Market Trends 2021: Size, Share and Ratio to 2026


The Digital Lending Platforms Market has categorized the market on the basis of type, component, deployment model, and industry vertical.

SHERIDAN, USA, Nov 15, 2021 /EINPresswire.com/ – According to IMARC Group’s latest report, titled “Digital Lending Platforms Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021 -2026 ”, the global digital lending platform market has shown strong growth during the period 2015-2020. Looking ahead, IMARC Group expects the market to grow at a CAGR of around 13% during 2021-2026. A digital loan platform (DLP) is a loan contract application that allows easy access to financial products and services. This platform mainly relies on mobile applications and web programs for debt management. DLP offers many advantages, such as increased efficiency, quick decision making, superior loan distribution, simple application process, etc. Right now, various organizations are launching next-generation devices and cloud-based end-to-end lending platforms. Advanced payment methods are leading financial institutions to embrace DLP to deliver fast services, improve revenue, and improve productivity.

We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of related industries. These observations will be incorporated into the report.

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Digital lending platform market trends:

The growing adoption of DLP in banking, financial services, and insurance (BFSI) and the growing demand for online banking services are driving the market for digital lending platforms. In addition, due to the outbreak of the COVID-19 pandemic, digital channels are increasingly adopted by financial institutions to lend and solve many challenges. In addition, there is an increasing emphasis on digital automation and the use of various technologies, such as machine learning, data analytics, blockchain, artificial intelligence, etc., to avoid fraud. On top of that, DLP offers electronic signature, easy accessibility, and minimal paperwork, which responds to increasing internet penetration and increases reliance on smartphones. This, in turn, is expected to catalyze the global digital lending platform market in the years to come.

Explore the full report with table of contents and list of figures: https://www.imarcgroup.com/digital-lending-platform-market

Key market segmentation:

Competitive landscape:

The competitive landscape of the market has been studied in the report along with the detailed profiles of the major players operating in the market.

Some of these key players include:
Dark 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

Breakdown by type:
Origin of the loan
Decision automation
Collection and recovery
Risk and compliance management
Others

Breakdown by component:
Solutions
Services

Breakdown by deployment model:
On the site
Cloud based

Breakdown by business sector:
Banks
Insurance companies
Credit unions
Savings and credit associations
Peer-to-peer loan
Others

Breakdown by region:
Middle East and Africa
North America
Asia Pacific
Europe
Latin America

Highlights of the report:
Market performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market drivers and success factors
SWOT analysis
Value chain
Complete mapping of the competitive landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

About Us

The IMARC group is a leading market research company providing management strategies and market research worldwide. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include key business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasting and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and new processing methods are at the top of the market. business expertise.

Elena Anderson
IMARC Services Private Limited
+1 631-791-1145
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