openPR Logo
Press release

Peer to Peer Lending Market: Key Players like Lending Club Corporation (U.S.), Funding Circle Limited (London), Prosper Marketplace, Inc. (U.S.), Circle back Lending, Inc. (U.S.), Social Finance

01-23-2019 01:53 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Peer to Peer lending Market

Peer to Peer lending Market

According to a new report published by Allied Market Research, titled, Peer to
peer Lending by End-User Types and Business Model type: Global Opportunity
Analysis and Industry Forecast, 2014-2022, the peer to peer (P2P) lending market was valued at $26,064 million in 2015 and is projected to reach $460,312 million by 2022, growing at a CAGR of 51.5% from 2016 to 2022. In 2015, small business loans dominated the market, whereas consumer credit loans is anticipated to grow at a robust rate, in terms of market share.
With advancement in technology, globalization and other international developments on alternative marketplace lending and emerging micro lending trends in poor countries continue to reduce the number, size and role of business intermediates

Alternative marketplace lending or P2P lending market, which is also referred to as social lending, person-to-person lending, microfinance and microloans, is a non-traditional form of lending money. Alternative marketplace lending is in contrast with the traditional lending method, where the bank or other financial institution offer loans to individuals or small and medium businesses.

Download Sample Copy of Report: https://www.alliedmarketresearch.com/request-sample/1948?utm_source=openpr&utm_medium=Vs

Increase in awareness about the benefits of peer to peer lending market, greater money transparency, higher returns to investors, lower interest rates for borrowers, rise in small business loans, consumer credit loans and increasing Chinese P2P lending market share are the major factors that drive the market growth. Global players such as LendingClub Limited, Prosper. Inc., and Zopa have come up with user friendly online lending platforms to cater to customers and expand their market share. Additionally, these players have kept their lending interest rates lower than traditional banks and offer better return to investors.

Small business loan segment, under end-user type, accounted for 32% of the overall peer to peer lending market in 2015, followed by student loans. Additionally, consumer credit loans segment has high growth potential, and is anticipated to grow at a CAGR of 52.6% during the forecast period. Growth in small scale business in developing economies, lower market risks and loan availability for small debt payoffs, thus driving the growth of the small business loan segment across the world.

Key Findings of the Peer to Peer Lending Market
• Increase in P2P lending awareness, better interest rates to borrowers and improved returns to lenders have accelerated the growth of the overall peer to peer lending industry.
• North America is leading the peer to peer lending market, followed by Asia-Pacific.
• Asia- Pacific would witness the highest CAGR of 54.1% mainly led by China, owing to emergence of a number of small scale peer to peer lending service providers.
• Peer to peer lending platforms are most suitable for small scale business and consumer credit loans.
• Alternate lending market which includes crowdfunding, marketplace lending, hedge funding is to increase during the forecast period due to better services, importance of small scale loans, and greater transparency.

North America generated the highest revenue in 2015, and is projected to dominate the market throughout the analysis period. However, Asia-Pacific is expected to witness the fastest growth rate, owing to emerging economies such as China.

Key players profiled in this report include LendingClub Corporation (U.S.), Funding Circle Limited (London), Prosper Marketplace, Inc. (U.S.), Circleback Lending, Inc. (U.S.), Social Finance, Inc. (U.S.), Zopa Limited (London), Avant, Inc. (U.S.), onDeck Capital, Inc.(U.S.), RateSetter (London), Kabbage (U.S.).

Get Purchase Report: https://www.alliedmarketresearch.com/purchase-enquiry/1948?utm_source=openpr&utm_medium=Vs

Chapter: 1 INTRODUCTION
1.1. Report description

1.2. Research methodology

1.2.1. Secondary research
1.2.2. Primary research
1.2.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY
2.1. CXO perspective

Chapter: 3 MARKET OVERVIEW
3.1. Market definition and scope

3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. Porters five forces analysis
3.4. Market share analysis, 2015

3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Lesser operating cost and low market risk
3.5.1.2. Technologically advanced with added transparency over traditional banking system.
3.5.2. Restraints
3.5.2.1. Risk of losing all money and higher government restraints
3.5.2.2. Lesser awareness of p2p lending benefits among population
3.5.3. Opportunities
3.5.3.1. Increased awareness may increase usage of peer to peer lending platforms

Chapter: 4 PEER TO PEER LENDING MARKET BY END-USERS
4.1. Overview
4.1.1. Market size and forecast

4.2. Consumer credit loans
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Key player positioning
4.2.3. Market size and forecast

4.3. Small business loans
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Key player positioning
4.3.3. Market size and forecast

4.4. Student loans
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Key player positioning
4.4.3. Market size and forecast

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Peer to Peer Lending Market: Key Players like Lending Club Corporation (U.S.), Funding Circle Limited (London), Prosper Marketplace, Inc. (U.S.), Circle back Lending, Inc. (U.S.), Social Finance here

News-ID: 1526060 • Views:

More Releases from Allied Market Research

Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices. Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529 What Are Urinary Drainage Bags? Urinary drainage bags are specialized medical devices designed to collect
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031. The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Billion by 2030; Growing at a CAGR of 17.2%
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario. Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of 5.6%
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031. Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in

All 5 Releases


More Releases for Peer

Evolving Market Trends In The Peer-To-Peer Dining Industry: Affordable And Custo …
The Peer-To-Peer Dining Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. What Is the Expected Peer-To-Peer Dining Market Size During the Forecast Period? The peer-to-peer dining market size is expected to grow from $6.36 billion in 2024 to $6.64 billion in 2025 at a CAGR of
Transforming the Peer-To-Peer Dining Market in 2025: Home Cooking Growth Propels …
What Is the Expected Size and Growth Rate of the Peer-To-Peer Dining Market? In the past few years, the peer-to-peer dining market size has exhibited consistent growth. The current projection indicates an increase from $6.36 billion in 2024 to $6.64 billion in 2025, maintaining a compound annual growth rate (CAGR) of 4.3%. The expansion during the historic period is believed to stem from factors such as growing internet usage, widespread influence
What is Peer-to-Peer Networks: Full Guide
In today's fast-paced digital age, the very fabric of how we connect and share information is transforming. At the forefront of this revolution stands peer-to-peer (P2P) technology, a game-changer that offers unprecedented levels of control, security, and efficiency. By enabling devices to communicate directly without a central server, peer-to-peer networks are redefining the way we think about data exchange and resource sharing. Image: https://revbit.net/wp-content/uploads/2024/11/peer-to-peer-networks-1024x640.png Understanding Peer-to-Peer Technology Peer-to-peer technology is redefining connectivity by
Peer-to-Peer Powerhouse: Albanian Startup Reimagines Car Rentals
Car rentals have long been a convenient option for travelers, providing mobility and freedom. However, the traditional car rental model is fraught with challenges. High costs, significant deposits, stringent requirements, and numerous restrictions often make renting a car more of a hassle than a benefit. This is particularly true in Albania and Greece, where the tourism industry is booming, but the car rental experience has not kept pace with travelers'
Global Peer-to-peer Network Market Size & Trends
According to a new market research report published by Global Market Estimates, the global peer-to-peer network market is expected to grow at a CAGR of 15.5% from 2023 to 2028. Global peer-to-peer network market growth is driven by the rise in demand for scalability of the network and efficiency in terms of communication and file sharing. Browse 147 Market Data Tables and 115 Figures spread through 163 Pages and in-depth TOC on
CCE’s revolutionary peer-to-peer CAD collaboration technology
FOR IMMEDIATE RELEASE Debankan Chattopadhyay +1 (248) 932-5295 debankan@cadcam-e.com CCE’s revolutionary peer-to-peer CAD collaboration technology No need to store proprietary data in the cloud/server to view or collaborate FARMINGTON HILLS, Mich. – (November 10, 2020) – CCE, a leading provider of advanced CAD interoperability technology, will launch Review Room, an exciting update to its EnSuite-Cloud product to enable people working remotely use its unique secure peer-to-peer technology for CAD collaboration. EnSuite-Cloud is a phenomenally successful