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How big is the FinTech market? | Valuates Reports

09-13-2022 03:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Valuates Reports

FinTech Market Size

The global fintech market size is projected to reach US$ 16652680 million by 2028 from US$ 6588780 million in 2021 at a Compound Annual Growth Rate (CAGR) of 13.9% during the forecast period 2022-2028. Key drivers of the fintech market include the rise in digital banking and a growing interest in cryptocurrencies, blockchain will spur market growth in the coming years. Also, a Platform as a Service( PAAS) solution is emerging which will contribute equally towards growth.

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Fintech Market Trends:

• Rise in Digital Banking, growing interest in cryptocurrencies, blockchain, and the emergence of PAAS solutions.
• Rapid boom in embedded finance.
• Rising investments in the fintech industry.

Fintech Market by Type
• API
• AI
• Blockchain
• Distributed Computing
• Cryptography

Fintech Market by Application
• Financing
• Asset Management
• Payments

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Similar Reports:

1. Digital Lending Platform Market: https://reports.valuates.com/market-reports/ALLI-Manu-1F5/digital-lending-platform

2. Digital Remittance Market: https://reports.valuates.com/market-reports/QYRE-Auto-1191/global-digital-remittance

3. Payments Market: https://reports.valuates.com/market-reports/QYRE-Othe-1F198/global-payments

4. Online Payment Gateway Market: https://reports.valuates.com/market-reports/QYRE-Auto-39O85/global-online-payment-gateway

5. e-Commerce Payment Market: https://reports.valuates.com/market-reports/QYRE-Auto-17Q234/global-e-commerce-payment

6. Payment Processing Solutions Market: https://reports.valuates.com/market-reports/QYRE-Auto-25J944/global-payment-processing-solutions

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