Digital Lending Platform Market - Industry Insights, Drivers, Top Trends, Global Analysis

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Digital Lending Platform Market - Industry Insights, Drivers, Top Trends, Global Analysis And Forecast

Digital Lending Platform Market, By Component (Solutions, Services), Deployment Model (On Premises, Cloud), Loan Amount Size (Less than US$ 7,000, US$ 7,001 to US$ 20,000, More than US$ 20,001), Subscription Type (Free, Paid), Loan Type (Automotive Loan, SME Finance Loan, Personal Loan, Home Loan, Consumer Durable, Others), Vertical (Banking, Financial Services, Insurance Companies, P2P (Peer-to-Peer) Lenders, Credit Unions, Saving and Loan Associations), Country (U.S., Canada, Mexico, U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, Rest of Europe, China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, Rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Israel, Egypt, Rest of Middle East & Africa, Brazil, Argentina and Rest of South America) Industry Trends and Forecast to 2027

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Report Description Digital lending platform market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 18.9% in the forecast period of 2019 to 2027 and expected to reach USD 16,930.68 million by 2027. Increasing trend of digital banking is a driving factor for the market growth. Growing digitalization in banking industry for faster and hassle free banking activities seek need for lending solutions and platforms; with introduction of digital lending platforms in BFSI industry loan origination and management is less time consuming and is easy to go process. Digital lending platform is helping BFSI to get digitalized rapidly and digitalization of BFSI sector is allowing digital lending platform market to grow at higher rate.

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Major Key Players Some of the major players operating in this market are : • • • • • • • • •

Finastra Fiserv, Inc. Newgen Software Technologies Limited Nucleus Software Exports Ltd. Intellect Design Arena Ltd Sigma Infosolutions FIS Pegasystems Inc. Tavant

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Market Segmentation • By Component (Solutions, Services) • By Loan Type (Automotive Loan, SME Finance Loan, Personal Loan, Home Loan, Consumer Durable, Others) • By Vertical (Banking, Financial Services, Insurance Companies, P2P (Peerto-Peer) Lenders, Credit Unions, Saving and Loan Associations)

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Regional Analysis Based on geography, the market is segmented into five geographical regions 

North America

Europe

Asia-Pacific

South America

Middle East

Africa

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About Data Bridge Market Research An absolute way to forecast what future holds is to comprehend the trend today! Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Read Continue : http://databridgemarketresearch.com/about-us/ Contact Us : Sopan Gedam Sopan.gedam@databridgemarketresearch.in

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