In-Depth Analysis of How COVID-19 is Impacting the Peer to Peer Lending Market - 2020 | Emerging Trends and Business Statistics - 2027

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 drives market growth.

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Alternative marketplace lending or P2P lending market, which is also referred to as social lending, person-to-person lending, microfinance and microloan 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.

Key Findings of the Peer to Peer Lending Market:
1. An 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.
2. North America is leading the peer to peer lending market, followed by Asia-Pacific.
3. Asia- Pacific would witness the highest CAGR of 54.1% mainly led by China, owing to the emergence of a number of small scale peer to peer lending service providers.
4. Peer to peer lending platforms is most suitable for small scale business and consumer credit loans.

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.

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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.).

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.

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Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Peer To Peer Lending Market By End-Users
Chapter 5: Peer To Peer Lending Market By Business Model
Chapter 6: Peer To Peer Lending Market By Geography
Chapter 7: Company Profile

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