Press release
Digital Lending Platform Market 2021-2026: Global Size, Growth, Trends, Share, Key Players, Outlook and Forecast
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Digital Lending Platform Market Trends:
The growing adoption of DLP in the banking, financial services, and insurance (BFSI) industry and the increasing demand for online banking services are driving the digital lending platform market. Moreover, due to the outbreak of COVID-19 pandemic, digital channels are being increasingly adopted by financial institutions to lend loans and resolve numerous challenges. Additionally, there is an escalating emphasis on digital automation and a rise in the utilization of various technologies, such as machine learning, data analytics, blockchain, artificial intelligence, etc., to avoid frauds. Besides this, DLP offers e-signing, easy accessibility, and minimum paperwork, which is catering to the growing internet penetration and elevating dependence on smartphones. This, in turn, is projected to catalyze the global market for digital lending platform in the coming years.
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Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
• Black Knight Inc.
• Finastra
• FIS
• Fiserv Inc.
• Intellect Design Arena Ltd
• Intercontinental Exchange Inc.
• Nucleus Software Exports Ltd.
• Pegasystems Inc.
• Roostify Inc.
• Tavant Technologies and Wipro Limited
Breakup by Type:
• Loan Origination
• Decision Automation
• Collections and Recovery
• Risk and Compliance Management
• Others
Breakup by Component:
• Solutions
• Services
Breakup by Deployment Model:
• On-premises
• Cloud-based
Breakup by Industry Vertical:
• Banks
• Insurance Companies
• Credit Unions
• Savings and Loan Associations
• Peer-to-Peer Lending
• Others
Breakup by Region:
• Middle East and Africa
• North America
• Asia-Pacific
• Europe
• Latin America
Key highlights of the Report:
• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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