Market revenue in 2023 | USD 8,576.3 million |
Market revenue in 2030 | USD 44,497.5 million |
Growth rate | 26.5% (CAGR from 2023 to 2030) |
Largest segment | Solution |
Fastest growing segment | Service |
Historical data covered | 2017 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Solution, Service |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to digital lending platform market will help companies and investors design strategic landscapes.
solution was the largest segment with a revenue share of 74.82% in 2023. Horizon Databook has segmented the Global digital lending platform market based on solution, service covering the revenue growth of each sub-segment from 2017 to 2030.
The increasing focus on digital channels by both financial institutions and their customers, has led to an increase in volume of payment transactions in the marketplace. This is expected to drive demand for the digital lending platform to manage the transaction processing.
Digital lending platform uses industry best practices and customized models along with the existing customer data to automate the lending process. It also eliminates the risk of improper decision making as it happens in traditional lending.
Horizon Databook provides a detailed overview of global-level data and insights on the Global digital lending platform market , including forecasts for subscribers. This global databook contains high-level insights into Global digital lending platform market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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