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Embedded Finance Market Growth Expected to Reach USD 1,029.02 by 2032 | CAGR of 32.4%

05-17-2024 08:42 AM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Embedded Finance Market

Embedded Finance Market

๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ž๐ฆ๐›๐ž๐๐๐ž๐ ๐Ÿ๐ข๐ง๐š๐ง๐œ๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ 82.48 ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2023 ๐š๐ง๐ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐ญ๐จ ๐”๐’๐ƒ 1,029.02 ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ 2032. ๐“๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ž๐ ๐ข๐ฌ๐ญ๐ž๐ซ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ 32.4% ๐๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐ ๐Ÿ๐ซ๐จ๐ฆ 2024 ๐ญ๐จ 2032.

Various factors propelling the demand for embedded finance include:
โ€ข The integration of finance into nonfinancial platforms has emerged as a pivotal driver propelling the growth of the embedded finance industry.

โ€ข The rising prevalence of internet usage and smartphone adoption contributes to the increased uptake of digital mobile-based financial services, positively impacting the embedded finance sector.

โ€ข The market is poised for significant growth in the forecast period, driven by technological advancements in Artificial Intelligence (AI) that will result in increased service utilization and revenue.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/embedded-finance-market/request-for-sample

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐„๐ฆ๐›๐ž๐๐๐ž๐ ๐…๐ข๐ง๐š๐ง๐œ๐ž?
The term embedded finance refers to the integration of banking and additional economic services with nonfinancial applications and benefits. Businesses are integrating lending, banking, insurance, and asset benefits into their customer shows through application programming interfaces that connect to economic associates. Implanted finance is not unknown: Buy now, pay later is established on hidden third-party loans made at the point of transaction. With smartphones and APIs, individuals can access financial services from anywhere, while businesses may enjoy stronger client loyalty and income streams.

๐“๐จ๐ฉ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ:
The embedded finance market is fragmented due to the existence of several major players in the market. Some of the key players operating in the industry are:
โ€ข Cybrid Technology Inc.
โ€ข Finastra
โ€ข Fluency Pty Limited
โ€ข Fortis Payment Systems, LLC
โ€ข Lendflow
โ€ข PAYRIX
โ€ข Stripe, Inc.
โ€ข Transcard Payments
โ€ข Walnut Insurance Inc.
โ€ข Zopa Bank Limited

๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐“๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/3638/2

๐„๐ฆ๐›๐ž๐๐๐ž๐ ๐…๐ข๐ง๐š๐ง๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โ€ข The embedded payment segment held the largest share, primarily due to the rise in the adoption of digital transactions

โ€ข The travel & tourism segment will grow rapidly, as most of the start-ups in the travel booking offer payment wallet services

โ€ข North America garnered the largest share, owing to a well-developed digital payment network and a rise in online payments via the younger generation

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐“๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž: https://www.polarismarketresearch.com/industry-analysis/embedded-finance-market

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:
โ€ข North America (U.S., Canada)
โ€ข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โ€ข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โ€ข Latin America (Brazil, Mexico, Argentina)
โ€ข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐๐ซ๐ž๐š๐ค๐๐จ๐ฐ๐ง:
The market is mainly segmented based on type, business model, end-use, and region. Based on type analysis in 2023, the embedded payment segment held the largest market share. As a result, companies can expect a growth in income and the fortification of trademark dedication, propelling the segment's development.

Moreover, according to business model research in 2023, the B2B segment accounted for the largest embedded finance market share, as an increase in B2B implanted finance assistance platforms is expected to fuel the adoption of B2B entrenched finance.

โ€ข ๐๐ฒ ๐“๐ฒ๐ฉ๐ž
o Embedded Payment
o Embedded Insurance
o Embedded Investment
o Embedded Lending
o Embedded Banking

โ€ข ๐๐ฒ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐Œ๐จ๐๐ž๐ฅ
o B2B
o B2C
o B2B2B
o B2B2C

โ€ข ๐๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž
o Retail
o Healthcare
o Logistics
o Manufacturing
o Travel & Entertainment
o Others

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:
๐‘ซ๐’Š๐’ˆ๐’Š๐’•๐’‚๐’ ๐‘ช๐’Š๐’“๐’„๐’–๐’๐’‚๐’“ ๐‘ฌ๐’„๐’๐’๐’๐’Ž๐’š ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• : https://www.polarismarketresearch.com/industry-analysis/digital-circular-economy-market
๐‘ฐ๐’๐’”๐’๐’๐’—๐’†๐’๐’„๐’š ๐‘บ๐’๐’‡๐’•๐’˜๐’‚๐’“๐’† ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• : https://www.polarismarketresearch.com/industry-analysis/insolvency-software-market
๐‘ท๐’‰๐’Š๐’”๐’‰๐’Š๐’๐’ˆ ๐‘ท๐’“๐’๐’•๐’†๐’„๐’•๐’Š๐’๐’ ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• : https://www.polarismarketresearch.com/industry-analysis/phishing-protection-market
๐‘ฐ๐’๐‘ป ๐‘บ๐’†๐’๐’”๐’๐’“๐’” ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• : https://www.polarismarketresearch.com/industry-analysis/iot-sensors-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ :

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก :

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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