openPR Logo
Press release

Florida Digital Lending Market to Reach $13.89 Billion by 2027 ; AMR

11-14-2022 07:03 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Florida Digital Lending Market to Reach $13.89 Billion by 2027 ;

Increase in need & adoption of digital lending solutions in the state and considerable shift from traditional lending to digital lending drive the growth of the Florida digital lending market. Based on provider type, the FinTech institutions segment accounted for the highest share in 2019, and will continue its lead by 2027. There has been increase in adoption of online & digitalized financial services in the state during the pandemic.

You Can Access Full Report:
https://www.alliedmarketresearch.com/florida-digital-lending-market-A11092

According to the report published by Allied Market Research, the Florida digital lending market garnered $4.35 billion in 2019, and is expected to reach $13.89 billion by 2027, witnessing a CAGR of 16.7% from 2020 to 2027. The report offers a detailed analysis of changing market dynamics, competitive scenario, top segments, key investment pockets, value chain, and regional landscape.

Increase in need & adoption of digital lending solutions in the state and considerable shift from traditional lending to digital lending drive the growth of the Florida digital lending market. However, high interest on small amounts & shorter repayment time provided by lenders hinders the market growth. On the other hand, adoption of advanced technologies in lending services creates new opportunities in the coming years.

Download Free Sample Report : https://www.alliedmarketresearch.com/request-sample/11457

Based on loan type, the personal loans segment contributed to the highest market share in 2019, accounting for nearly half of the total market share, and is projected to maintain its lead position during the forecast period. However, the SME-focused loans segment is expected to grow at the highest CAGR of 22.5% from 2020 to 2027.

Based on provider type, the FinTech institutions segment accounted for the highest share in 2019, holding more than two-fifths of the Florida digital lending market, and is expected to continue its leadership status throughout the forecast period. Moreover, this segment is projected to witness the highest CAGR of 18.7% from 2020 to 2027. The research also analyzes the segments including banks, credit unions, and others.

Based on end user, the individuals segment accounted for the highest market share in terms of revenue, contributing to more than two-thirds of the total share in 2019, and is expected to maintain its dominance in terms of revenue by 2027. However, the SMEs segment is projected to witness the fastest CAGR of 21.0% during the forecast period.

Interested to Procure the Data? (Get Detailed Analysis in PDF - 113 Pages): https://www.alliedmarketresearch.com/purchase-enquiry/11457

Leading players of the Florida digital lending market analyzed in the research include Ally Financial Inc., Florida Credit Union, Credible, VyStar Credit Union, Navy Federal Credit Union, LendingPoint LLC, Suncoast Credit Union, Social Finance, Inc., TD Bank, N.A., and WELLS FARGO

Related Links:
AI in Insurance Market : https://www.alliedmarketresearch.com/ai-in-insurance-market-A11615
BFSI Crisis Management Market : https://www.alliedmarketresearch.com/bfsi-crisis-management-market-A11105
IoT Insurance Market : https://www.alliedmarketresearch.com/iot-insurance-market-A09784
Mortgage Lending Market : https://www.alliedmarketresearch.com/mortgage-lending-market-A17282
Payday Loans Market : https://www.alliedmarketresearch.com/payday-loans-market-A10012
Personal Loans Market : https://www.alliedmarketresearch.com/personal-loans-market-A07580

United States
USA/Canada :
+1-800-792-5285

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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 Florida Digital Lending Market to Reach $13.89 Billion by 2027 ; AMR here

News-ID: 2806375 • 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 Florida

Estimate Florida Consulting Delivers Trusted Estimating Solutions Across the Flo …
Estimate Florida Consulting is a recognized leader in construction estimating services, delivering accurate, timely, and detailed solutions to contractors, developers, and property owners across the United States. The firm specializes in construction estimates, material takeoffs, and budget planning for residential, commercial, and industrial projects of all sizes. With a commitment to precision and professionalism, Estimate Florida Consulting helps clients reduce financial risk, improve bidding accuracy, and maintain tighter control over construction
Online Florida Apostille LLC Revolutionizes Apostille Processing Across Florida
Image: https://www.globalnewslines.com/uploads/2025/07/1752125246.jpg July 10, 2025 - Florida, USA - Online Florida Apostille LLC is transforming the way residents and businesses obtain document authentication, offering the most efficient, secure, and user-friendly Florida Apostille service available today. As of July 7, 2025, the company has become the go-to solution for individuals seeking fast and reliable online apostille Florida [https://onlinefloridaapostille.com/] processing-streamlining a process that was once slow, confusing, and burdensome. Founded with a mission to
Estimate Florida Consulting Delivers Accurate Construction Estimates Across Flor …
Orlando, Florida - June 2025 Estimate Florida Consulting, a professional estimating company based in Florida, is now providing detailed construction cost estimating services for projects across the entire state-including Orlando, Tampa, Miami, Jacksonville, Fort Lauderdale, West Palm Beach, and other surrounding areas. With years of experience working closely with general contractors, subcontractors, developers, material suppliers, and homeowners, the company supports all types of residential and commercial construction projects. Their services include roofing,
South Florida Van Lines Expands Local Moving Services in Miami, Florida
As the demand for professional, reliable, and efficient moving services continues to rise throughout South Florida, South Florida Van Lines proudly announces the expansion of its local moving services in Miami, Florida. With over two decades of experience in the industry, the company is strengthening its commitment to helping families and businesses transition seamlessly to new spaces-whether it's down the street or across the city. Serving communities throughout Miami-Dade County, South
Florida Commissioner Nikki Fried Proclaims October “Florida Native Plant Month …
Tallahassee, Fla., Oct. 24, 2019 – In a ceremony held in Tallahassee at Native Nurseries, Florida Department of Agriculture and Consumer Services Commissioner Nicole “Nikki” Fried proclaimed October to be Florida Native Plant Month. The proclamation was presented to the Florida Native Plant Society to highlight the role of native plants in conserving and protecting Florida’s natural environment. “This is a significant step in our efforts to publicize the benefits of
Florida Public Relations Association Southwest Florida Chapter now offering digi …
The Florida Public Relations Association Southwest Florida Chapter (FPRA SWFL) is now offering a digital version of the 2017 Media Directory containing over 200 print, TV and online contacts as well as contacts at chambers of commerce across the region. This is one of the Southwest Florida Chapter’s most valuable resources and it’s available now to non-members for just $199. The directory is free to chapter members. To become a