세계의 디지털 대출 플랫폼 시장 보고서 : 유형, 구성요소, 배포 모델, 산업별, 지역별(2024-2032년)

The global digital lending platform market size reached US$ 11.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 34.3 Billion by 2032, exhibiting a growth rate (CAGR) of 12.5% during 2024-2032. Collaborations with other fintech services to create a more comprehensive financial ecosystem are propelling the market.

Digital Lending Platform Market Analysis:

Major Market Drivers: The easy availability of smartphone connections, along with the growing penetration of high-speed internet, is catalyzing the market.

Key Market Trends: The rising need for personalizing user interfaces and experiences is acting as a significant growth-inducing factor. Additionally, the increasing number of small and medium-sized enterprises (SMEs) seeking funding is further stimulating the market.

Competitive Landscape: Some of the prominent companies in the global market include 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, among many others.

Geographical Trends: North America exhibits a clear dominance in the market, owing to the widespread emphasis on digital automation.

Challenges and Opportunities: One of the limitations hindering the market is the lack of standardized credit assessment criteria. However, the implementation of uniform data verification practices is anticipated to fuel the market over the forecasted period.

Digital Lending Platform Market Trends:

Growing Focus on User Experience

The inflating emphasis on personalization is stimulating the market. Moreover, various platforms are leveraging advanced technologies to offer streamlined application processes, intuitive interfaces, and customized loan products tailored to individual borrower needs. For example, in May 2024, PhonePe introduced its secured digital lending platform within the PhonePe app, which enables approximately 535 million registered users to access loans across six separate categories, including gold loans, mutual fund loans, car loans, etc.

Rising Regulatory Support

The launch of favorable policies by regulatory bodies to maintain the integrity of the financial system, protect consumers, promote innovation, etc., is escalating the digital lending platform market demand. For example, in June 2024, Salesforce unveiled its digital lending platform to empower government agencies and public sector organizations in India to enhance citizen experiences. Besides this, the implementation of data privacy laws is inflating the popularity of platforms, such as Temenos and Finastra.

Expanding Alternative Channels

The growing number of fintech startups is acting as a significant growth-inducing factor. Additionally, alternative lending channels offer more diverse and accessible financing options outside traditional banking institutions. Consequently, they are gaining extensive traction across the globe. For instance, in March 2024, Epic River, one of the providers that connects financial institutions with healthcare providers to streamline patient payments, developed its comprehensive digital lending platform specifically tailored for credit unions.

Global Digital Lending Platform Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with the digital lending platform market forecast at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on the type, component, deployment model, and industry vertical.

Breakup by Type:

Loan Origination

Decision Automation

Collections and Recovery

Risk and Compliance Management

Others

Loan origination dominates the market

The report has provided a detailed breakup and analysis of the market based on the type. This includes loan origination, decision automation, collections and recovery, risk and compliance management, and others. According to the report, loan origination represented the largest market segmentation.

Loan origination involves the creation, processing, and approval of new applications. For example, platforms like SoFi and LendingClub offer comprehensive digital solutions that enhance data collection, simplify processes, accelerate approval times through advanced algorithms, etc.

Breakup by Component:

Solutions

Services

Solutions currently hold the majority of the total digital lending platform market share

The report has provided a detailed breakup and analysis of the market based on the component. This includes solutions and services. According to the report, solutions represented the largest market segmentation.

Solutions are pivotal in modernizing the lending landscape by improving accuracy and increasing operational efficiency. For instance, Finastra's Fusion Loan IQ provides a comprehensive suite for financial institutions to manage complex lending processes efficiently.

Breakup by Deployment Model:

On-premises

Cloud-based

On-premises holds the majority of the global digital lending platform market revenue

The report has provided a detailed breakup and analysis of the market based on the deployment model. This includes on-premises and cloud-based. According to the report, on-premises represented the largest market segmentation.

An on-premises digital lending platform is installed and operated within an organization's own IT infrastructure. One of the examples is FIS's loan origination system, which provides a robust on-premises solution for managing the complete loan lifecycle.

Breakup by Industry Vertical:

Banks

Insurance Companies

Credit Unions

Savings and Loan Associations

Peer-to-Peer Lending

Others

Banks dominate the digital lending platform market statistics

The report has provided a detailed breakup and analysis of the market based on the industry vertical. This includes banks, insurance companies, credit unions, savings and loan associations, peer-to-peer lending, and others. According to the report, banks represented the largest market segmentation.

The rising need among banks for streamlining and enhancing the traditional lending process is augmenting the segment. For instance, Temenos Infinity offers a comprehensive solution that enables banks to manage the entire loan lifecycle.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

North America exhibits a clear dominance in the market

The digital lending platform market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.

The regional market is primarily bolstered due to the inflating popularity of peer-to-peer lending platforms. This can be attributed to the increasing opportunity to diversify the portfolios of investors. According to the IMARC, the United States peer-to-peer lending platforms market size is projected to exhibit a growth rate (CAGR) of about 14% during 2024-2032.

Competitive Landscape:

The elevating incorporation of advanced technologies to improve aspects of lending is gaining popularity. These technologies can analyze vast amounts of data to make more accurate lending decisions and personalize loan offers based on individual profiles. They are also integrating blockchain technology, which is positively influencing the digital lending platform market outlook. Social media activity, transaction history, and other alternative data can provide a more comprehensive view of the creditworthiness of a borrower. These advancements also involve automating repetitive and rule-based tasks in the lending process.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major market digital lending platform companies have also been provided. Some of the key players in the market include:

Black Knight Inc.

Finastra

FIS

Fiserv Inc.

Intellect Design Arena Ltd

Intercontinental Exchange Inc.

Nucleus Software Exports Ltd.

Pegasystems Inc.

Roostify Inc.

Tavant Technologies

Wipro Limited.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Digital Lending Platform Market Recent Developments:

June 2024: Salesforce unveiled its digital lending platform to empower government agencies and public sector organizations in India to enhance citizen experiences.

May 2024: PhonePe introduced its secured digital lending platform within the PhonePe app, which enables approximately 535 million registered users to access loans across six separate categories, including gold loans, mutual fund loans, car loans, etc.

March 2024: Epic River, one of the providers that connect financial institutions with healthcare providers to streamline patient payments, developed its comprehensive digital lending platform specifically tailored for credit unions.

Key Questions Answered in This Report

• 1. What was the size of the global digital lending platform market in 2023?
• 2. What is the expected growth rate of the global digital lending platform market during 2024-2032?
• 3. What are the key factors driving the global digital lending platform market?
• 4. What has been the impact of COVID-19 on the global digital lending platform market?
• 5. What is the breakup of the global digital lending platform market based on the type?
• 6. What is the breakup of the global digital lending platform market based on the component?
• 7. What is the breakup of the global digital lending platform market based on the deployment model?
• 8. What is the breakup of the global digital lending platform market based on the industry vertical?
• 9. What are the key regions in the global digital lending platform market?
• 10. Who are the key players/companies in the global digital lending platform market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 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 Breakup by Type

• 6.1 Loan Origination
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Decision Automation
  • 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 Breakup by Component

• 7.1 Solutions
  • 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 Breakup by Deployment Model

• 8.1 On-premises
  • 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 Breakup 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 Loan Associations
  • 9.4.1 Market Trends
  • 9.4.2 Market Forecast
• 9.5 Peer-to-Peer Lending
  • 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 Breakup by Region

• 10.1 North America
  • 10.1.1 United States
    • 10.1.1.1 Market Trends
    • 10.1.1.2 Market Forecast
  • 10.1.2 Canada
    • 10.1.2.1 Market Trends
    • 10.1.2.2 Market Forecast
• 10.2 Asia-Pacific
  • 10.2.1 China
    • 10.2.1.1 Market Trends
    • 10.2.1.2 Market Forecast
  • 10.2.2 Japan
    • 10.2.2.1 Market Trends
    • 10.2.2.2 Market Forecast
  • 10.2.3 India
    • 10.2.3.1 Market Trends
    • 10.2.3.2 Market Forecast
  • 10.2.4 South Korea
    • 10.2.4.1 Market Trends
    • 10.2.4.2 Market Forecast
  • 10.2.5 Australia
    • 10.2.5.1 Market Trends
    • 10.2.5.2 Market Forecast
  • 10.2.6 Indonesia
    • 10.2.6.1 Market Trends
    • 10.2.6.2 Market Forecast
  • 10.2.7 Others
    • 10.2.7.1 Market Trends
    • 10.2.7.2 Market Forecast
• 10.3 Europe
  • 10.3.1 Germany
    • 10.3.1.1 Market Trends
    • 10.3.1.2 Market Forecast
  • 10.3.2 France
    • 10.3.2.1 Market Trends
    • 10.3.2.2 Market Forecast
  • 10.3.3 United Kingdom
    • 10.3.3.1 Market Trends
    • 10.3.3.2 Market Forecast
  • 10.3.4 Italy
    • 10.3.4.1 Market Trends
    • 10.3.4.2 Market Forecast
  • 10.3.5 Spain
    • 10.3.5.1 Market Trends
    • 10.3.5.2 Market Forecast
  • 10.3.6 Russia
    • 10.3.6.1 Market Trends
    • 10.3.6.2 Market Forecast
  • 10.3.7 Others
    • 10.3.7.1 Market Trends
    • 10.3.7.2 Market Forecast
• 10.4 Latin America
  • 10.4.1 Brazil
    • 10.4.1.1 Market Trends
    • 10.4.1.2 Market Forecast
  • 10.4.2 Mexico
    • 10.4.2.1 Market Trends
    • 10.4.2.2 Market Forecast
  • 10.4.3 Others
    • 10.4.3.1 Market Trends
    • 10.4.3.2 Market Forecast
• 10.5 Middle East and Africa
  • 10.5.1 Market Trends
  • 10.5.2 Market Breakup by Country
  • 10.5.3 Market Forecast

11 SWOT Analysis

• 11.1 Overview
• 11.2 Strengths
• 11.3 Weaknesses
• 11.4 Opportunities
• 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

• 13.1 Overview
• 13.2 Bargaining Power of Buyers
• 13.3 Bargaining Power of Suppliers
• 13.4 Degree of Competition
• 13.5 Threat of New Entrants
• 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

• 15.1 Market Structure
• 15.2 Key Players
• 15.3 Profiles of Key Players
  • 15.3.1 Black Knight Inc.
    • 15.3.1.1 Company Overview
    • 15.3.1.2 Product Portfolio
    • 15.3.1.3 Financials
    • 15.3.1.4 SWOT Analysis
  • 15.3.2 Finastra
    • 15.3.2.1 Company Overview
    • 15.3.2.2 Product Portfolio
    • 15.3.2.3 SWOT Analysis
  • 15.3.3 FIS
    • 15.3.3.1 Company Overview
    • 15.3.3.2 Product Portfolio
    • 15.3.3.3 Financials
    • 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 Financials
    • 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 Financials
  • 15.3.6 Intercontinental Exchange Inc.
    • 15.3.6.1 Company Overview
    • 15.3.6.2 Product Portfolio
    • 15.3.6.3 Financials
    • 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 Financials
  • 15.3.8 Pegasystems Inc.
    • 15.3.8.1 Company Overview
    • 15.3.8.2 Product Portfolio
    • 15.3.8.3 Financials
    • 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 Financials
    • 15.3.11.4 SWOT Analysis