Digital Lending Platform Market

Digital Lending Platform Market by Solution (Loan Origination, Decision Automation, Portfolio Management, Risk & Compliance Management, Loan Management, Business Process Management), Service, Deployment Mode, Vertical, and Region - Global Forecast to 2023

Report Code: TC 6739 Nov, 2018, by marketsandmarkets.com

The advent of disruptive digital technologies and changes in consumer behavior have often had a great impact on credit organizations, especially in lending loans to customers. There is a proliferation of smartphones and mobile devices in organizations, and the credit organizations have also started venturing into such advancements to tap into untapped consumer sectors and broaden their portfolios. With the implementation of digital platforms, organizations can automate, simplify, and manage the end-to-end loan processing life cycle. Various solutions such as loan origination, decision automation, portfolio management, loan servicing, risk, and compliance management, loan management, business process management, Know Your Customer (KYC), Application Programming Interface (API), and credit bureau reporting provided by digital lending platform providers are not only reducing the turnaround time for transactions but also improving accuracy and efficiency of processes in credit organizations.

The global digital lending platform market is expected to reach USD 12.12 billion by 2023, at a CAGR of 18.7% during the forecast period. Huge investments from organizations in this market space and the penetration of a wide number of organizations, including banks, credit unions, insurance companies, and other Peer-to-Peer (P2P) lenders are fueling the growth of this market. The technology vendors also find huge potential in monetizing their opportunities by offering enhanced and distinctive digital lending platform solutions and services to these organizations

Digital Lending Platform Market

By solution, the business process management segment is estimated to dominate the digital lending platform market.

By vertical, the peer-to-peer lenders' segment is estimated to grow at the highest rate during the forecast period

The P2P lenders' segment is projected to grow at the highest Compound Annual Growth Rate (CAGR) during the forecast period, due to the growing popularity of these lenders among end-users and the penetration of a large number of organizations, ranging from SMEs to large enterprises, into this segment. The simplification of the lending process and the ease of transactions will further support the growth of this market.

Digital Lending Platform Market

By service, the risk assessment segment is expected to grow at the highest CAGR during the forecast period.

Services are required during and after the implementation of digital lending solutions. These services include design and implementation, training and education, risk assessment, and consulting services. Companies offering services include consultants, dedicated project management teams, and digital lending system experts specializing in the design and delivery of critical decision support software, tools, and services. The risk assessment segment is expected to grow at the highest CAGR during the forecast period

North America is expected to hold the largest market share during the forecast period.

North America is expected to hold the highest market share of the digital lending platform market from 2018 to 2023, due to the presence of a large number of digital lending platform vendors and the earlier adoption of these solutions and services among organizations in the region. Moreover, the advent of digital technologies and the high rate of digitalization of organizations in this region are also further pushing organizations to adopt digital lending platform solutions and services on a large scale. The regional markets in APAC and Europe are expected to offer prospective growth avenues too, due to the high penetration of smartphones and mobile devices in organizations. Financial institutions are monetizing this opportunity by transforming their legacy lending systems to automated digital lending systems to enhance their customer experience and broaden their portfolios.

Digital Lending Platform Market

Market Dynamics

Driver: Stringent government rules and regulations for digital lending

Despite the complexities in maintaining compliances and following regulations in the digital lending platform market, most organizations are following global compliance regulations due to the sensitivity of the financial data. The threat landscape is continuously evolving, and the rising instances of cyber-attacks have resulted in huge losses to financial enterprises. Therefore, governments across the globe are increasingly introducing new compliances to safeguard the economic data. For instance, in January 2018, the European government introduced the upgraded version of Markets in Financial Instruments Directive (MiFID) II to protect traders and investors, increase transparency across financial transactions, and reduce the trading cost.

Restraint: Higher dependency on traditional lending methods

Banking and financial institutions across the globe have been adopting various advanced digital lending solutions to manage their loan processes. However, there are many organizations that prefer traditional methodologies for lending, which are often time-consuming and tedious. Due to their set customer base and standard ways of credit underwriting, they are not able to embrace innovations. Furthermore, the lack of awareness of digital lending, and training and skillsets to manage advanced solutions are major factors responsible for the less adoption of automated and advanced digital lending processes. The degree of unawareness differs from region to region. The adoption of advanced digital lending solutions in North America and Europe is increasing at a fast pace as compared to APAC, MEA, and Latin America. Resistance to changes is one of the factors that may restrict the adoption of the digital lending platform.

Opportunity: Rise in the adoption of AI, machine learning, and blockchain-based digital lending platforms and   solutions

Global businesses have started realizing the benefits of AI, ML, and blockchain technologies. The AI, ML, and blockchain are among the recent trending technologies that are expected to add advanced capabilities to digital lending platforms and open new growth avenues. Leading players such as Tavant Technologies and Nucleus Software have developed an AI-powered digital lending solution that maximizes the use of data-driven processes in the automation of loan origination life cycle. The power of these technologies provides an easy, fast, and transparent process of raising loans. AI- and ML-based algorithms can process loan applications within seconds, thereby making the approval process genuinely scalable. In addition to this, the blockchain technology is also helping make the lending process decentralized. The blockchain-based lending platform establishes a direct relationship between lenders and borrowers by removing intermediaries or mediators from the lending process.

Challenge: Lack of digital literacy in underdeveloped countries

In today’s world, digital literacy means an essential set of expertise needed to find and utilize information and communicate it across the globe. It comprises a wide range of skills, such as the ability to read and technical expertise, which helps individuals operate and use digital technologies. Digital literacy is very important for the execution of digital lending processes. Most countries across the globe are not familiar with digital technologies, which may hinder the wide-scale adoption of digital lending solutions. Most of the countries in Africa have a meagre digital literacy rate, due to which the region’s residents are not able to exploit the potential of digital technologies. Technology vendors are also hesitant in investing in the region, due to low digital transactions. Hence, the flat digital literacy rate in underdeveloped countries is expected to slow down the growth of the digital lending platform market.

Scope of the Report

Report Metric

Details

Market size available for years

2016–2023

Base year considered

2017

Forecast period

2018–2023

Forecast units

Million (USD)

Segments covered

Component, Solutions, Services, Deployment Modes, Verticals, and Regions

Geographies covered

North America, Europe, APAC, MEA, and Latin America

Companies covered

Key market players including,
Fiserv (US), Newgen Software (India), Ellie Mae (US), Nucleus Software (India), FIS (US), Pegasystems (US), Temenos (Switzerland), Intellect Design Arena (India), Sigma Infosolutions (US), Tavant Technologies (US), Docutech (US), Mambu (Germany), CU Direct (US), Sageworks (US), Roostify (US), Juris Tech (Malaysia), Decimal Technologies (India), HiEnd Systems (Belarus), RupeePower (India), Finastra (UK), Finatix (Italy), Built Technologies (US), Symitar (US), Turnkey Lenders (Singapore), and Argo (US)

The research report categorizes the   market to forecast the revenues and analyze the trends in each of the following sub-segments:

By component

  • Solution
  • Services

By solution

  • Loan Origination
  • Decision Automation
  • Portfolio Management
  • Loan Servicing
  • Risk and Compliance Management
  • Loan Management
  • Business Process Management
  • Others (KYC, API Gateway, and Reporting)

By service

  • Design and Implementation
  • Training and Education
  • Risk Assessment
  • Consulting
  • Support and Maintenance

By deployment mode

  • Cloud
  • On-premises

By vertical

  • Banking
  • Financial Services
  • Insurance
  • Credit Unions
  • Retail Banking
  • P2P Lenders

By region

  • North America
    • United States (US)
    • Canada
  • Europe
    • United Kingdom (UK)
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • Japan
    • Australia
    • India
    • Rest of APAC
  • The Middle East and Africa (MEA)
    • Middle East
    • Africa
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America

Key Market Players

Fiserv (US), Newgen Software (India), Ellie Mae (US), Nucleus Software (India), FIS (US).

Recent Developments

  • In October 2018, Fiserv partnered with DadeSystems, a provider of payment processing solutions. Both companies would work together to develop and offer SaaS-based or standalone banking solutions to their integrated commercial clients.
  • In March 2018, Ellie Mae partnered with Silverline, a Salesforce Platinum Consulting Partner. This partnership would provide Silverline access to Ellie Mae's training and certification opportunities and resources to help Elli Mae's customers with exceptional consulting services.
  • In September 2017, Nucleus Software assisted Atlas Finance, a South Africa-based microfinance company, in enhancing the latter’s lending decisions by deploying its lending analytics solution.
  • In May 2017, Newgen Software partnered with ExactBid, a real estate information management software company. In this partnership, Newgen Software’s BPM-based commercial lending automation solution integrated with the Real Estate Information Management System (RIMS) from ExactBid. The integrated solution offers unified data availability to lenders.

Critical questions the report answers:

  • Which are the major players leading the market, and what initiatives have they undertaken over the past few years?
  • How will the market drivers, restraints, and future opportunities affect market dynamics?
  • What are the key strategies adopted by the top players to increase their revenue?
  • Which key developments are expected to have a long-term impact on the Digital Lending Platform

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 19)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Segmentation
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Stakeholders

2 Research Methodology (Page No. - 22)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakup of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Breakdown and Data Triangulation
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Assumptions for the Study
    2.5 Research Limitations

3 Executive Summary (Page No. - 29)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Market Opportunities in the Digital Lending Platform Market
    4.2 Market: Market Share of Major Segments in North America
    4.3 Market, By Solution, 2018
    4.4 Market, By Country, 2018
    4.5 Market Investment Scenario

5 Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 High Proliferation of Smartphones and Growth in Digitalization
                    5.2.1.2 Need for Better Customer Experience
                    5.2.1.3 Stringent Government Rules and Regulations for Digital Lending
           5.2.2 Restraints
                    5.2.2.1 Higher Dependency on Traditional Lending Methods
           5.2.3 Opportunities
                    5.2.3.1 Rise in the Adoption of Ai, Machine Learning, and Blockchain- Based Digital Lending Platforms and Solutions
                    5.2.3.2 Increase in the Demand of Advanced Digital Lending Solutions for Retail Banking
           5.2.4 Challenges
                    5.2.4.1 Data Security and Privacy Concerns Due to Increasing Cyber-Attacks
                    5.2.4.2 Lack of Digital Literacy in Underdeveloped Countries
    5.3 Regulatory Implications
           5.3.1 General Data Protection Regulation (GDPR)
           5.3.2 Payment Card Industry Data Security Standard (PCI DSS)
           5.3.3 Payment Services Directive 2 (PSD2)
           5.3.4 Know Your Customer (KYC)
           5.3.5 Anti-Money Laundering (AML)
           5.3.6 Electronic Identification, Authentication, and Trust Services (EIDAS )
           5.3.7 Health Insurance Portability and Accountability Act (HIPAA)
           5.3.8 Federal Information Security Management Act (FISMA)
           5.3.9 Gramm-Leach-Bliley Act (GLBA)
           5.3.10 Sarbanes-Oxley Act (SOX)
    5.4 Use Cases
           5.4.1 Adoption of Digital Lending Solutions in the Banking Industry to Unify Loan Processes
           5.4.2 Implementation of Digital Lending Solutions in Insurance Companies
           5.4.3 Dependence of Financial Services Companies on Digital Lending Solutions
           5.4.4 Adoption of Loan Origination Solution Among Retail Banks
           5.4.5 Large-Scale Adoption of Digital Lending Solutions for Commercial Banking
    5.5 Innovation Spotlight
           5.5.1 Fidor Solutions

6 Digital Lending Platform Market, By Component (Page No. - 46)
    6.1 Introduction
    6.2 Solutions
           6.2.1 Asia Pacific to Witness the Highest Growth Rate in the Solutions Segment
    6.3 Services
           6.3.1 North America to Witness the Largest Market Size in the Services Segment in 2018

7 Market, By Solution (Page No. - 50)
    7.1 Introduction
    7.2 Loan Origination
           7.2.1 Need to Streamline the End-To-End Loan Life Cycle is Leading to the Growth of Loan Origination Solutions in the Digital Lending Platform Market
    7.3 Decision Automation
           7.3.1 Rising Need of Decision Automation Solution to Automate the Overall Loan Approval Process
    7.4 Portfolio Management
           7.4.1 Use of Portfolio Management Solutions Across Banks, Owing to the Increasing Complexity to Manage Loan Portfolios
    7.5 Loan Servicing
           7.5.1 Need for Loan Servicing Solutions Fueling the Growth of Digital Lending Solutions
    7.6 Risk and Compliance Management
           7.6.1 Critical Need for Risk and Compliance Management Solutions to Streamline Accounting Operations Across Verticals
    7.7 Loan Management
           7.7.1 Use of Loan Management Solution to Ease the Entire Loan Life Cycle Management Across the Banking Sector
    7.8 Business Process Management
           7.8.1 Need for Business Process Management Solutions in the Financial Industry Surged the Growth of Market
    7.9 Others
           7.9.1 Need for KYC, API Gateway, and Credit Bureau Reporting to Contribute to the Growth in the Market

8 Digital Lending Platform Market, By Service (Page No. - 59)
    8.1 Introduction
    8.2 Design and Implementation
           8.2.1 North America Expected to Have the Largest Market Size in the Design and Implementation Services Segment in 2018
    8.3 Training and Education
           8.3.1 Europe to Witness the Highest Growth Rate in the Training and Education Segment Owing to the Increasing Need for Assistance During Implementation
    8.4 Risk Assessment
           8.4.1 Increasing Complexity of Cyber and Financial Risk Generating the Need for Risk Assessment Services
    8.5 Consulting
           8.5.1 Increasing Awareness of Compliance Requirements in the Financial Industry Driving the Growth of Consulting Services
    8.6 Support and Maintenance
           8.6.1 Increasing Need for Assistance on Upgrades and Technical Support and Implementation Driving the Growth of Support and Maintenance Services

9 Market, By Deployment Mode (Page No. - 66)
    9.2 Introduction
    9.3 Cloud
           9.3.1 Increasing Need to Reduce the Operational Cost Leading to the Growth of Cloud-Based Digital Lending Platform
    9.4 On-Premises
           9.4.1 Large Enterprises Deploy On-Premises Digital Lending Platfoprm to Ensure Data Privacy and Security

10 Digital Lending Platform Market, By Vertical (Page No. - 70)
     10.1 Introduction
     10.2 Banking
             10.2.1 Increasing Loan Transaction Volumes Across the Banking Sector Driving the Growth of Market
     10.3 Financial Services
             10.3.1 Need to Enhance Customer Experience Across the Financial Services Driving the Growth of Market
     10.4 Credit Unions
             10.4.1 Need for Automation Across Credit Unions to Enhance the Lending Process
     10.5 Insurance Companies
             10.5.1 Need for Digitalizations in the Insurance Vertical to Strengthen the Lending Process and Dependency on the Intermediate Agents
     10.6 Retail Banking
             10.6.1 Adoption of Digital Lending Solutions Across Retail Banking to Provide Customers Seamless User Experience
     10.7 P2P Lenders
             10.7.1 Increase in Venture Funding for P2P Lender Driving the Growth of the Market

11 Digital Lending Platform Market, By Region (Page No. - 78)
     11.1 Introduction
     11.2 North America
             11.2.1 United States
                       11.2.1.1 US Accounts for the Largest Market Share in North America During the Forecast Period
             11.2.2 Canada
                       11.2.2.1 Canada is Expected to Grow at the Highest CAGR in North America During the Forecast Period
     11.3 Europe
             11.3.1 United Kingdom
                       11.3.1.1 Increasing Adoption of Omnichannel Digital Lending Solutions By Financial Institutions Will Fuel the Growth of the Market
             11.3.2 Germany
                       11.3.2.1 Organizations Continuous Focus Towards Enhanced Customer Experience Will Fuel the Demand for Digital Lending Solutions in the Country
             11.3.3 France
                       11.3.3.1 France is Expected to Grow at Highest CAGR Due to the Heavy Investment in Digital Lending Platforms By Government and Other Organizations in the Country
             11.3.4 Rest of Europe
     11.4 Asia Pacific
             11.4.1 China
                       11.4.1.1 Rapid Economic Developments and the Increased Proliferation of Smartphones are Expected to Drive the Growth of the Digital Lending Platform Market in China
             11.4.2 Japan
                       11.4.2.1 Reduced Cost, Enhanced Customer Experience, and Improved Operational Efficiency of Lending Platforms are Expected to Trigger the Growth of the Market in Japan
             11.4.3 India
                       11.4.3.1 High Adoption of Digital Lending Platforms in Various Verticals, Such as Retail and Consumer Banking, Insurance Companies, Credit Unions, and Financial Institutions Will Fuel the Growth of the Market in Japan
             11.4.4 Australia and New Zealand (ANZ)
                       11.4.4.1 Increasing Adoption of Digital Lending Platforms By Organizations for Improved Productivity Will Boost the Growth of the Digital Lending Platform Market in Japan
             11.4.5 Rest of Asia Pacific
     11.5 Middle East and Africa
             11.5.1 Middle East
                       11.5.1.1 Consumers are Becoming Internet-Savvy Driving the Market in Middle East
             11.5.2 Africa
                       11.5.2.1 Increasing Focus on Digitalization of Financial Sector is Driving the Growth of Digital Lending Platform Market in Africa
     11.6 Latin America
             11.6.1 Brazil
                       11.6.1.1 Rapid Surge in the Usage of Internet and Mobile-Based Applications in the Financial Institutions to Drive the Growth of Market in Brazil
             11.6.2 Mexico
                       11.6.2.1 Proliferation of Cloud Based Digital Technologies Aiding the Growth of Digtial Lending Platform Market in Mexico
             11.6.3 Rest of Latin America

12 Competitive Landscape (Page No. - 102)
     12.1 Overview
     12.2 Competitive Scenario
             12.2.1 Partnerships, Agreements, and Collaborations
             12.2.2 New Product Launches/Product Enhancements
             12.2.3 Mergers and Acquisitions
             12.2.4 Business Expansions

13 Company Profiles (Page No. - 110)
     13.1 Introduction
(Business Overview, Solutions and Services Offered, Recent Developments, SWOT Analysis and MnM View)*
     13.2 Fiserv
     13.3 Newgen Software
     13.4 Ellie MAE
     13.5 Nucleus Software
     13.6 FIS Global
     13.7 Pegasystems
     13.8 Temenos
     13.9 Intellect Design Arena
     13.10 Sigma Infosolutions
     13.11 Tavant Technologies
     13.12 Docutech
     13.13 Mambu
     13.14 CU Direct
     13.15 Sageworks
     13.16 Roostify
     13.17 Juristech
     13.18 Decimal Technologies
     13.19 HiEnd Systems
     13.20 Rupeepower
     13.21 Finastra
     13.22 Argo
     13.23 Symitar
     13.24 TurnKey Lender
     13.25 Finantix
     13.26 Built Technologies

*Details on Business Overview, Solutions and Services Offered, Recent Developments, SWOT Analysis and MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 162)
     14.1 Discussion Guide
     14.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.3 Available Customizations
     14.4 Related Reports
     14.5 Author Details


List of Tables (65 Tables)

Table 1 United States Dollar Exchange Rate, 2015–2017
Table 2 Global Market Size and Growth Rate, 2016–2023 (USD Million, Y-O-Y %)
Table 3 Market Size, By Component, 2016–2023 (USD Million)
Table 4 Solutions: Market Size, By Region, 2016–2023 (USD Million)
Table 5 Services: Market Size, By Region, 2016–2023 (USD Million)
Table 6 Market Size, By Solution, 2016–2023 (USD Million)
Table 7 Loan Origination:Market Size, By Region, 2016–2023 (USD Million)
Table 8 Decision Automation: Digital Lending Platform Market Size, By Region, 2016–2023 (USD Million)
Table 9 Portfolio Management: Market Size, By Region, 2016–2023 (USD Million)
Table 10 Loan Servicing: Market Size, By Region, 2016–2023 (USD Million)
Table 11 Risk and Compliance Management: Market Size, By Region, 2016–2023 (USD Million)
Table 12 Loan Management: Market Size, By Region, 2016–2023 (USD Million)
Table 13 Business Process Management: Market Size, By Region, 2016–2023 (USD Million)
Table 14 Others: Market Size, By Region, 2016–2023 (USD Million)
Table 15 Market Size, By Service, 2016–2023 (USD Million)
Table 16 Design and Implementation: Market Size, By Region, 2016–2023 (USD Million)
Table 17 Training and Education: Market Size, By Region, 2016–2023 (USD Million)
Table 18 Risk Assessment: Digital Lending Platform Market Size, By Region, 2016–2023 (USD Million)
Table 19 Consulting: Market Size, By Region, 2016–2023 (USD Million)
Table 20 Support and Maintenance: Market Size, By Region, 2016–2023 (USD Million)
Table 21 Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 22 Cloud: Market Size, By Region, 2016–2023 (USD Million)
Table 23 On-Premises: Market Size, By Region, 2016–2023 (USD Million)
Table 24 Market Size, By Vertical, 2016–2023 (USD Million)
Table 25 Banking: Digital Lending Platform Market Size, By Region, 2016–2023 (USD Million)
Table 26 Financial Services:Market Size, By Region, 2016–2023 (USD Million)
Table 27 Credit Unions: Market Size, By Region, 2016–2023 (USD Million)
Table 28 Insurance Companies: Market Size, By Region, 2016–2023 (USD Million)
Table 29 Retail Banking:Market Size, By Region, 2016–2023 (USD Million)
Table 30 P2P Lenders: Market Size, By Region, 2016–2023 (USD Million)
Table 31 Market Size, By Region, 2016–2023 (USD Million)
Table 32 North America: Digital Lending Platform Market Size, By Country, 2016–2023 (USD Million)
Table 33 North America: Market Size, By Component, 2016–2023 (USD Million)
Table 34 North America: Market Size, By Solution, 2016–2023 (USD Million)
Table 35 North America: Market Size, By Service, 2016–2022 (USD Million)
Table 36 North America: Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 37 North America: Market Size, By Vertical, 2016–2023 (USD Million)
Table 38 Europe: Digital Lending Platform Market Size, By Country, 2016–2023 (USD Million)
Table 39 Europe: Market Size, By Component, 2016–2023 (USD Million)
Table 40 Europe: Market Size, By Solution, 2016–2023 (USD Million)
Table 41 Europe: Market Size, By Service, 2016–2022 (USD Million)
Table 42 Europe: Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 43 Europe: Market Size, By Vertical, 2016–2023 (USD Million)
Table 44 Asia Pacific: Digital Lending Platform Market Size, By Country, 2016–2023 (USD Million)
Table 45 Asia Pacific: Market Size, By Component, 2016–2023 (USD Million)
Table 46 Asia Pacific: Market Size, By Solution, 2016–2023 (USD Million)
Table 47 Asia Pacific: Market Size, By Service, 2016–2022 (USD Million)
Table 48 Asia Pacific: Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 49 Asia Pacific: Market Size, By Vertical, 2016–2023 (USD Million)
Table 50 Middle East and Africa: Digital Lending Platform Market Size, By Subregion, 2016–2023 (USD Million)
Table 51 Middle East and Africa: Market Size, By Component, 2016–2023 (USD Million)
Table 52 Middle East and Africa: Market Size, By Solution, 2016–2023 (USD Million)
Table 53 Middle East and Africa: Market Size, By Service, 2016–2022 (USD Million)
Table 54 Middle East and Africa: Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 55 Middle East and Africa: Market Size, By Vertical, 2016–2023 (USD Million)
Table 56 Latin America: Digital Lending Platform Market Size, By Country, 2016–2023 (USD Million)
Table 57 Latin America: Market Size, By Component, 2016–2023 (USD Million)
Table 58 Latin America: Market Size, By Solution, 2016–2023 (USD Million)
Table 59 Latin America: Market Size, By Service, 2016–2022 (USD Million)
Table 60 Latin America: Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 61 Latin America: Market Size, By Vertical, 2016–2023 (USD Million)
Table 62 Partnerships, Agreements, and Collaborations, 2017–2018
Table 63 New Product Launches/Product Enhancements, 2017–2018
Table 64 Mergers and Acquisitions, 2017–2018
Table 65 Business Expansions, 2017–2018
 
 
List of Figures (42 Figures)
 
Figure 1 Digital Lending Platform Market: Research Design
Figure 2 Market: Bottom-Up Approach
Figure 3 Market: Top-Down Approach
Figure 4 Market Size, By Solution
Figure 5 Market Size, By Service
Figure 6 Global Market Share: North America is Estimated to Hold the Highest Market Share in 2018
Figure 7 Global Market, By Vertical: Peer-To-Peer Lenders Segment is Estimated to Grow at the Highest Rate During the Forecast Period
Figure 8 Global Market, By Solution: Business Process Management Segment is Estimated to Dominate the Digital Lending Platform Market in 2018
Figure 9 Stringent Government Regulations and the High Proliferation of Smartphones and Digitalization of Organizations Would Spur the Demand for the Global Market
Figure 10 Design and Implementation Solution and United States are Estimated to Have the Highest Market Shares in the North American Region in 2018
Figure 11 Business Process Management Segment is Estimated to Have the Highest Market Share in 2018
Figure 12 India is Estimated to Grow at the Fastest Rate During the Forecast Period
Figure 13 Asia Pacific is Expected to Emerge as the Best Market for Investment in the Next 5 Years
Figure 14 Drivers, Restraints, Opportunities, and Challenges: Digital Lending Platform Market
Figure 15 Global Penetration of Mobile and Internet in 2018
Figure 16 Total Monthly Mobile Data Traffic of Smartphones, By Region
Figure 17 Global Literacy Rates, 2017
Figure 18 Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 19 Decision Automation Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 20 Risk Assessment Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 21 Cloud Deployment Mode is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 22 P2P Lenders Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 23 Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 24 North America: Market Snapshot
Figure 25 Asia Pacific: Market Snapshot
Figure 26 Key Developments By the Leading Players in the Digital Lending Platform Market for 2016–2018
Figure 27 Key Market Evaluation Framework
Figure 28 Geographic Revenue Mix of Major Industry Players
Figure 29 Fiserv: Company Snapshot
Figure 30 Fiserv: SWOT Analysis
Figure 31 Newgen Software: Company Snapshot
Figure 32 Newgen Software: SWOT Analysis
Figure 33 Ellie MAE: Company Snapshot
Figure 34 Ellie MAE: SWOT Analysis
Figure 35 Nucleus Software: Company Snapshot
Figure 36 Nucleus Software: SWOT Analysis
Figure 37 FIS Global: Company Snapshot
Figure 38 FIS Global: SWOT Analysis
Figure 39 Pegasystems: Company Snapshot
Figure 40 Pegasystems: SWOT Analysis
Figure 41 Temenos: Company Snapshot
Figure 42 Intellect Design Arena: Company Snapshot


Request for detailed methodology, assumptions & how numbers were triangulated.

Please share your problem/objectives in greater details so that our analyst can verify if they can solve your problem(s).
6 3 8 4 0  
  • Select all
  • News-Letters with latest Market insights
  • Information & discussion on the relevant new products and services
  • Information & discussion on Market insights and Market information
  • Information & discussion on our events and conferences
    • Select all
    • Email Phone Professional and social network (Linkedin, etc)
COVID-19

Get in-depth analysis of the COVID-19 impact on the Digital Lending Platform Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Digital Lending Platform Market

Request For Special Pricing

Speak to analyst to detect blind spots in your revenue decisions by analysing interconnected unknowns around ""

Related Technologies/Products

 

Adjacent Markets

Mar. Size
2018
CAGR 2018-23

Competitive Landscape

 
 
Share your business objectives to help us evaluate impact of these interconnections on your business
Report Code
TC 6739
Published ON
Nov, 2018
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Digital Lending Platform Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2020 MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home