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Peer To Peer P2P Lending Market 2023 - Market Size, Current & Future Trends, Opportunities, Key Drivers And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Peer To Peer P2P Lending Market Size, Growth Rate, And Forecast
The global peer-to-peer (P2P) lending market size grew from $107.84 billion in 2022 to $143.64 billion in 2023 at a compound annual growth rate (CAGR) of 33.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The peer-to-peer (P2P) lending market size is expected to grow to $419.7 billion in 2027 at a CAGR of 30.7%.
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Peer To Peer P2P Lending Market Drivers
Increasing digitization in the banking industry is expected to propel the growth of the peer-to-peer lending market going forward. Digital innovation in the banking industry is transforming financial services such as mobile money, peer-to-peer (P2P), or marketplace lending.
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Peer To Peer P2P Lending Market Segments
1) By Loan Type: Consumer Credit Loans, Small Business Loans, Student Loans, Real Estate Loans
2) By Business Model: Traditional Lending, Alternate Marketplace Lending
3) By End User: Business, Personal
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the peer-to-peer (P2P) lending market.
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Peer To Peer P2P Lending Market Key Players
Major competitors in the peer-to-peer (P2P) lending market include Avant LLC., Funding Circle, Kabbage Inc., Lending Club Corporation, LendingTree LLC, OnDeck, Prosper Funding LLC, CircleBack Lending Inc.
The Business Research Company's "Global Peer To Peer P2P Lending Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Peer To Peer P2P Lending Market Include:
1. Executive Summary
2. Peer-to-Peer (P2P) Lending Market Characteristics
3. Peer-to-Peer (P2P) Lending Market Trends And Strategies
4. Peer-to-Peer (P2P) Lending Market - Macro Economic Scenario
5. Peer-to-Peer (P2P) Lending Market Size And Growth
........
26. Africa Peer-to-Peer (P2P) Lending Market
27. Peer-to-Peer (P2P) Lending Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Peer-to-Peer (P2P) Lending Market
29. Peer-to-Peer (P2P) Lending Market Future Outlook and Potential Analysis
30. Appendix
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