Global Fintech Market (2018-2023) Bharat Book Bureau Provides the Trending Market Research Report on “Global Fintech Market (2018-2023)� under Financial Services category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. The use of mobile devices and technology-based solutions is propelling the demand for financial and banking solutions, which can be accessed through personal devices. Banks and firms are investing heavily in technology-based solutions, competing with contemporary fintech companies. This is the key growth driver for the Global Fintech Market, which will pin its worth at approximately USD 305.7 Bn by 2023, expanding at a CAGR of 22.17% during the 2018-2023 period. Request a free sample copy of Fintech Market Report @ https://www.bharatbook.com/marketreports/sample/reports/1436174 Service segment insights The various services provided in the fintech sector are regtech, payment/billing, insurtech, money transfer/remittance, mortgage/real estate, and others (lending, capital market, and wealth management). Among these segments, the payment/billing services will be the major growth driver in the global market, leading to a revenue generation of USD 207.11 Bn by 2023. This growth can be attributed to contactless cards and the emergence of retail-focused fintech companies looking to expand the use of this functionality by taking it to every corner of commerce. Popularity of payment apps like GoUrl, Cayan, Stripe, and Amazon Pay, among customers and retailers, will further drive the market. Regtech is expected to expand at a CAGR of 22.05%, followed by payment/billing. This is mainly due to the implementation of new regulations pertaining to the fintech sector. Technology segment insights The major technologies involved in the fintech sector are artificial intelligence (AI), Blockchain, cryptography, biometrics and identity management, cyber-security, and robotic process automation (RPA). Major growth will be witnessed in the areas of AI
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