
Digital Lending Platforms in India
Description
Digital Lending Platforms in India
Summary
Digital Lending Platforms in India industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Digital Lending Platforms in India industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Digital lending refers to the use of technology and online platforms to offer financial products and services, particularly loans, in a fully digital format. This involves automating the process of loan application, approval, disbursement, and repayment through digital channels. Digital lending typically eliminates the need for physical paperwork and in-person visits to banks or lending institutions, providing faster, more convenient access to credit.
- The Indian digital lending platforms market recorded revenues of $438.9 billion in 2024, representing a compound annual growth rate (CAGR) of 31.8% between 2019 and 2024.
- The banks segment accounted for the market's largest proportion in 2024, with total revenues of $164.1 billion, equivalent to 37.4% of the market's overall value.
- The Indian digital lending platform market held a 65.2% share of the total Asia-Pacific market in 2024.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the digital lending platforms market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the digital lending platforms market in India
- Leading company profiles reveal details of key digital lending platforms market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the India digital lending platforms market with five year forecasts
- What was the size of the India digital lending platforms market by value in 2024?
- What will be the size of the India digital lending platforms market in 2029?
- What factors are affecting the strength of competition in the India digital lending platforms market?
- How has the market performed over the last five years?
- Who are the top competitors in India's digital lending platforms market?
Table of Contents
45 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strategies of the leading players?
- 7.3. What are the recent developments?
- 7.4. Has there been any new development in the market?
- 8 Company Profiles
- 8.1. Edgeverve Systems Ltd
- 8.2. Newgen Software Technologies Ltd
- 8.3. Nucleus Software Exports Ltd
- 8.4. Lentra AI Private Limited
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 10.4. About GlobalData
- List of Tables
- Table 1: India digital lending platforms market value: $ million, 2019–24
- Table 2: India digital lending platforms market category segmentation: % share, by value, 2019–24
- Table 3: India digital lending platforms market category segmentation: $ million, 2019-24
- Table 4: India digital lending platforms market geography segmentation: $ million, 2024
- Table 5: India digital lending platforms market value forecast: $ million, 2024–29
- Table 6: Edgeverve Systems Ltd: Key Facts
- Table 7: Edgeverve Systems Ltd: key employees
- Table 8: Newgen Software Technologies Ltd: Key Facts
- Table 9: Newgen Software Technologies Ltd: annual financial ratios
- Table 10: Newgen Software Technologies Ltd: key employees
- Table 11: Newgen Software Technologies Ltd: key employees Continued
- Table 12: Nucleus Software Exports Ltd: Key Facts
- Table 13: Nucleus Software Exports Ltd: annual financial ratios
- Table 14: Nucleus Software Exports Ltd: key employees
- Table 15: Lentra AI Private Limited: Key Facts
- Table 16: Lentra AI Private Limited: key employees
- Table 17: India Size of Population (Million), 2020–24
- Table 18: India Real GDP (Constant 2010 Prices, $ Billion), 2020–24
- Table 19: India GDP (Current Prices, $ Billion), 2020–24
- Table 20: India Inflation, 2020–24
- Table 21: India Consumer Price Index (Absolute), 2020–24
- Table 22: India Exchange Rate, 2019–24
- List of Figures
- Figure 1: India digital lending platforms market value: $ million, 2019–24
- Figure 2: India digital lending platforms market category segmentation: $ million, 2019-24
- Figure 3: India digital lending platforms market geography segmentation: % share, by value, 2024
- Figure 4: India digital lending platforms market value forecast: $ million, 2024–29
- Figure 5: Forces driving competition in the digital lending platforms market in India, 2024
- Figure 6: Drivers of buyer power in the digital lending platforms market in India, 2024
- Figure 7: Drivers of supplier power in the digital lending platforms market in India, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the digital lending platforms market in India, 2024
- Figure 9: Factors influencing the threat of substitutes in the digital lending platforms market in India, 2024
- Figure 10: Drivers of degree of rivalry in the digital lending platforms market in India, 2024
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