NEWARK, DE / ACCESSWIRE / November 23, 2022 / According to the embedded lending market analysis carried out by Future Market Insights (FMI), the demand registered in the embedded lending market will grow at a noteworthy CAGR of around 19.4% from 2022-2032.
The report states that the market is expected to reach the valuation of ~US$ 5.5 Bn by the end of 2022 and ~US$ 32.5 Bn by 2032. As per Future Market Insights, the pandemic has impacted millions of people all over the world, bankrupted businesses, and thrown the international economy into chaos and has had a substantial impact on different industries.
The widespread switch from traditional to embedded lending among consumers and businesses has been made possible by the pandemic. The emergence of embedded lending models is being fueled by a perfect storm of factors, including a company cash flow problem brought on by a pandemic, the advent of fintech, and challenger banks.
Request a Report PDF Sample @
Opportunities are created through embedded lending, a type of funding that offers money, additional services, and a platform to businesses and individuals without requiring them to go to a "conventional" bank. It has the ability to boost choice and competition, diversify the financial industry, increase economic inclusion, and diversify the financial sector in order to spur more innovation across all financial products and services.
Thus, the usage of embedded lending has seen an increase in demand as firms have needed loans and other services to operate more. With the rise in digitalization and constant growth in Fintech companies and customer demand for quick and easy lending process has propelled the growth of the embedded lending market.
Key Takeaways: Embedded Lending Market
- By solution, the embedded lending platform segment accounts for the highest market share of around 2% for embedded lending market in the year 2021. However, the embedded lending services segment is estimated to grow at a robust CAGR of 18.1% through 2032.
- By deployment, the on-premise segment had the highest market share of around 8% in the embedded lending market in 2021.
- By enterprise size, the large enterprises segment had the highest market share of around 4% in the embedded lending market in 2021.
- By industry, the education segment is predicted to grow at a CAGR of around 3% between 2022 & 2032.
- By region, North America had the largest market share of around 2% in embedded lending market in 2021, whereas the South Asia & Pacific region is showing the highest growth of around 21.3% CAGR during the forecast period.
"Rising number of fintech companies are expanding their roots in areas like loans, payments, insurance etc. Data driven innovation and technological advancement are giving customers credit at the point of purchase with no additional hassle. This accelerates the growth of embedded lending in new market spaces". says FMI analyst.
Get More Information on this Report @
Enormous Growth in Fintech Companies and Customer Demand for Quick and Easy Lending Process to Boost Embedded Lending Market
Since the commencement of the COVID-19 pandemic, which limited mobility and accelerated adoption of digital technology, fintech have expanded significantly across the globe. They have gotten inside many financial services sectors, upending established procedures and offering better client support and service.
The rapid expansion of FinTech has been facilitated by a sizable underserved and aspirational client base, a supportive regulatory environment, a thriving talent pool, expanding access to funding, and exceptional public internet infrastructure.
Although the pandemic's restrictions caused a pause in economic activity, the fintech sector continued to advance in terms of investment, adoption, and top-line growth and is predicted to expand even further and more quickly. One of the fastest-growing subsectors in the global financial services industry is fintech.
FinTech have developed as a center for customer-focused innovation during the last ten years. Offerings that are simple, quick, and efficient in the areas of payments, loans, insurance, wealth management, and brokerage have disrupted markets and changed the way that financial services are delivered.
Customers are looking for straightforward, all-encompassing, entrenched, and direct experiences. Before making a purchase, about 64% of consumers actively investigate the interest rate, EMI, and processing charge online. It links digital platforms to numerous lenders, ensuring that customers can select from a wide network of lenders and gain access to reduced interest rates which results in growth of embedded lending market.
Report for Customization @
More Valuable Insights on Embedded Lending Market
Future Market Insight's report on embedded lending market industry research is segmented into five major sections - solution (embedded lending platform, and embedded lending services), deployment (cloud / web based, and on-premise) enterprise size (small & mid-sized enterprises (SMEs), and large enterprises), industry (retail, education, medical & healthcare, IT/IT services, real estate, manufacturing, transportation and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and The Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the embedded lending demand outlook.
Embedded Lending Outlook by Category
By Solution, Embedded Lending Market is segmented as:
- Embedded Lending Platform
- Embedded Lending Services
By Deployment, Embedded Lending Market is segmented as:
- Cloud / Web Based
By Enterprise Size, Embedded Lending Market is segmented as:
- Small & Mid-sized Enterprises (SMEs)
- Large Enterprises
By Industry, Embedded Lending Market is segmented as:
- Medical & Healthcare
- IT / IT Services
- Real Estate
By Region, Embedded Lending Market is segmented as:
- North America
- Latin America
- East Asia
- South Asia & Pacific
- Middle East and Africa (MEA)
Direct purchase of this report, click here: https://www.futuremarketinsights.com/checkout/15702
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Pricing Analysis
4.1. Type of Pricing Models
4.2. Global Average Pricing Analysis Benchmark
5. Market Demand (in Value in US$ Mn) Analysis 2017-2021 and Forecast, 2022-2032
5.1. Historical Market Value (US$ Mn) Analysis, 2017-2021
5.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032
Top Reports Related To Technology Market Insights
Machine Safety Market Size - The global machine safety market revenue totaled ~US$ 4.8 Bn in 2020, according to Future Market Insights (FMI). The overall machine safety market is expected to reach ~US$ 9.4 Bn by 2031, growing at 6.4% CAGR.
Digital Forensics Market Share - The global digital forensics market is poised to increase at a CAGR of 11.2%, reaching US$ 23.62 Bn by 2030 from a market valuation of US$ 10.07 Bn in 2022.
ePayment System Market Trends - The global ePayment system market revenue totaled ~US$ 77.8 Bn in 2020, according to Future Market Insights (FMI). The overall market is expected to reach ~US$ 456.6 Bn by 2031, growing at a CAGR of around 17.7% for 2021 - 31.
Smart Kitchen Appliances Market Growth - Smart kitchen appliances are fine quality products/ kitchen accessories that are typically designed in a way with a view to provide efficiency and comfort in almost every operation taking place in a kitchen.
Penetration Testing Market Demand - In terms of value, the BFSI segment is projected to be the most attractive segment in the global penetration testing market over the forecast period. This segment is likely to be valued at more than US$ 95 Mn in 2017. In 2027, the segment is expected to cross US$ 370 Mn, contributing to the growth of the global penetration testing market.
Mass Notification Systems Market Outlook - As per latest mass notification systems industry analysis by Future Market Insights (FMI), market revenue will total US$ 8.8 Bn in 2021. Registering impressive growth at 18.5% CAGR from 2021 to 2031, the market valuation is expected to surpass US$ 48.0 Bn by 2031.
Quad-Flat-No-Lead Packaging Market Forecast - The global quad-flat-no-lead packaging market is valued at around US$ 62 billion, and is expected to reach a valuation of more than US$ 235 billion by the end of the projection year. During the forecast period (2017-2027).
Version Control Systems Market Analysis - The demand for version control systems market is expected to top US$ 629.3 Mn in 2021. As per Future Market Insights (FMI) analysis, the market will register impressive growth at 10.7% CAGR between 2021 and 2031.
Smart Home Devices Market Study - The smart home devices market is currently exhibiting growth at an impressive pace. Due to the increasing popularity of technological advancements, device and appliance manufacturers now have the focus on fostering smarter homes.
Video on Demand (VOD) Service Market Type - The global video on demand (VOD) service market is expected to reach a valuation of US$ 183.93 Bn by 2031. The increasing demand for the VoD services has led to a growing pool of viewers with preference for customized content as per their liking.
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Future Market Insights Inc.
200 Continental Drive,
Suite 401, Newark,
Delaware - 19713, USA
For Sales Enquiries: [email protected]
SOURCE: Future Market Insights Inc.