Peer-to-Peer Lending Market, by End User (Consumer Credit, Small Business, Student Loans and Real Estate), by Business Model (Traditional P2P Lending and Marketplace Lending) and by Region (North America Europe, Asia Pacific, Middle East and Africa and , Latin America) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Peer-to-peer lending or also referred to as the P2P lending practice of lending money to businesses or individuals with the help of online services that match lenders with borrowers. It eliminates the financial institution as the middleman. P2P lending has allowed investors to reciprocate higher returns on their investment by balancing the risk. Since P2P lending provides easy loans and additional credit to small and medium-sized businesses, it has a significant contribution to economic growth of many countries. Spearheading the peer-to-peer lending marketplace are the U.K. and the U.S. which have now evolved into mature peer-to-peer lending ecosystems. However, countries such as China, Australia, Japan, and India are the emerging markets for peer-to-peer lending due to borrowers’ lack of credit access.
The online interface has acted as one of the biggest differentiators in terms of the customer experience for peer-to-peer platforms. It has made peer-to-peer lending process simplified and streamlined. Technological advancements have enabled peer-to-peer lending platforms to get familiar investors with borrowers that are seeking monetary assistance and equity financing. Technology has also assisted in providing low-cost operations compared to traditional financial institutions with their large and expensive corporate infrastructure and branches. Moreover, peer-to-peer companies provides loans to students that have developed their own analyzing prediction software that enables easy loans by predicting borrower’s financial capability and personal propensity to repay. Hence, these factors are expected to support the global peer-to-peer lending market growth over the forecast period. Peer-to-peer lending providers have provided crucial financing solutions by providing easy loans for small and medium businesses at reasonable interest rates. According to the report published in 2014 by the Federal Reserve Bank of Cleveland, peer-to-peer interest rates are typically lower than those of credit cards for most borrowers. This is combined with a superior user-friendly experience for both borrowers and investors. Since the market is in the nascent stage and has less competition, it is expected to attract more customers in the near future. Hence, these factors are expected to drive the growth of the market during the forecast period.
This report segments the Global Peer-to-Peer Lending Market on the basis of End User, Business Model and Region. On the basis of End User, Global Peer-to-Peer Lending Market is segmented into Consumer Credit, Small Business, Student Loans and Real Estate. On the basis of Business Model, the Global Peer-to-Peer Lending Market is segmented into Traditional P2P Lending and Marketplace Lending. On the basis of region, Global Peer-to-Peer Lending Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.
Key features of the study:
This report provides an in-depth analysis of the Global Peer-to-Peer Lending Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2019-2027), considering 2019 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global Peer-to-Peer Lending Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the Global Peer-to-Peer Lending Market includes Daric Inc., Prosper Marketplace, Inc., Pave, Inc., CommonBond Inc., Social Finance, Inc., Upstart Network Inc., Social Finance, Inc., Funding Circle Limited, Peerform, and CircleBack Lending, Inc.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global Peer-to-Peer Lending Market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Peer-to-Peer Lending Market
By End User
By Business Model
Traditional P2P Lending
Middle East and Africa
CircleBack Lending, Inc.
Funding Circle Limited
Prosper Marketplace, Inc.
Social Finance, Inc.
Upstart Network Inc.
Browse all the market data tables and figures on “Global Peer-to-Peer Lending Market - Forecast to 2027”
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook