DUBLIN – (COMMERCIAL THREAD) – The report “Digital Lending Platform Market Share, Size, Trends, Industry Analysis Report, By Solution, By Service, By Deployment, By Region; Segment Forecast, 2021 – 2028 “has been added to ResearchAndMarkets.com offer.
Global Digital Lending Platforms Market Size Expected To Reach USD 26.26 Billion By 2028
The markets are determined by factors such as the growing number of government initiatives associated with the growing trend of digitalization in the financial sectors. In addition, the increasing penetration of smartphones as well as the adoption of the Internet in the modernized society acts as a catalyst factor for the development of the global market.
In addition, technological development such as the increasing adoption of cloud-based platforms and the integration of artificial intelligence (AI) also creates lucrative growth in the years to come.
Growing support from governments for the adoption of digital lending platforms and the creation of strict regulations for a smooth operational flow are the main driving factors for the industry. Various organizations follow the compliance rules and regulations of government executives due to the sensitivity of financial data. The growing number of cyber attacks is associated with the launch of several compliances that protect financial data.
For example, in January 2021, the Reserve Bank of India (RBI) reported that it had established a working group to study the phases of digital offering activities, which is carried out by regulated and unregulated providers that also include applications of mobile telephony. Therefore, these government policies and regulations could stimulate industry demand in the near future.
There are various market players who are launching new products in the global industry to expand their business operations. For example, in July 2021, AUSe Fintech BlUSone presented its new offering platform. This launch includes a considerable number of innovative features and developments consisting of a set of service capabilities and new loan arrangements.
Main participants such as Abrigo, Built Technology, Cu Direct, Docutech, Ellie Mae, Inc., FIS, Fiserv, Inc, Ice Mortgage Technology, Intellect Design Arena, Newgen Software, Nucleus Software, Pegasystems Inc., Sigma Infosolutions, Tavant, Temenos , Turnkey Lenders, Wilzni are some of the major players operating in the global market.
Digital lending platform market dynamics
Drivers and opportunities
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Rise in financial services
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Emergence of digital services
Constraints and challenges
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Flaws in financial services
Porter’s Five Forces Analysis
PESTLE analysis
Digital Lending Platforms Market Industry Trends
COVID-19 impact assessment
Companies mentioned
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Abrigo
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Integrated technology
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Cu Direct
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Docutech
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Ellie Mae Inc.
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FIS
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Fiserv Inc
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Ice Mortgage Technology
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Intellectual design arena
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Next Generation Software
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Nucleus software
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Pegasystems Inc.
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Sigma Infosolutions
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Tavant
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Temenos
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Turnkey lenders
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Wilzni.
Scope of the report
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Process management
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Loan Analysis
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Loan management
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Origin of the loan
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Risk and compliance management
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Others
Digital lending platform, Service outlook
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Design and implementation
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Training and education
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Risk assessment
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Consultant
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Assistance and maintenance
Digital lending platform, Deployment prospects
Digital lending platform, end-use outlook
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Banks
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Insurance companies
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Credit unions
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Savings and loan associations
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Equals
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Others
Digital lending platform, Regional perspectives
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North America
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we
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Canada
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Europe
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France
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Germany
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UK
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Italy
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Spain
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Netherlands
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Austria
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Asia Pacific
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China
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India
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Japan
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Malaysia
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Indonesia
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South Korea
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Central and South America
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Mexico
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Brazil
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Argentina
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Middle East and Africa
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United Arab Emirates
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Saudi Arabia
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Israel
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South Africa
For more information on this report, visit https://www.researchandmarkets.com/r/e5cfm2
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