Global Digital Lending Platform Market Size & Outlook
Global digital lending platform market, 2017-2030 (US$M)
Related Markets
Global digital lending platform market highlights
- The global digital lending platform market generated a revenue of USD 8,576.3 million in 2023 and is expected to reach USD 44,497.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 26.5% by 2030.
- In terms of segment, solution accounted for a revenue of USD 6,416.6 million in 2023.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| 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 |
Other key industry trends
- In terms of revenue, the North America accounted for 32.9% of the global digital lending platform market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 10,404.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Digital Lending Platform Market Scope
Digital Lending Platform Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global digital lending platform market outlook
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.
Market Dynamics
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.
Reasons to subscribe to Global digital lending platform market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global digital lending platform market databook
-
Our clientele includes a mix of digital lending platform market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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.
Partial client list
Global digital lending platform market size, by regions, 2017-2030 (US$M)
Top 10 countries: Digital lending platform market size, 2023 (US$M)
Global digital lending platform market share, by component, 2023 & 2030 (%, US$M)
Digital lending platform market: Opportunity assessment by country
Global digital lending platform market, by region, 2023 (US$M)
| Component | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,071.1 | 1,216.1 | 1,395.0 | 1,645.2 | 1,957.4 | 2,338.6 | 2,825.9 | 3,447.7 | 4,249.3 | 5,290.6 | 6,641.1 | 8,405.6 | 10,730.5 | 13,820.9 | 25.5% |
| Europe | 809.0 | 921.8 | 1,061.3 | 1,256.3 | 1,500.4 | 1,799.3 | 2,182.7 | 2,673.3 | 3,308.0 | 4,135.0 | 5,211.6 | 6,623.4 | 8,490.6 | 10,982.0 | 26.0% |
| Asia Pacific | 662.1 | 767.6 | 899.0 | 1,082.3 | 1,314.5 | 1,602.9 | 1,976.9 | 2,461.3 | 3,095.6 | 3,932.6 | 5,036.6 | 6,503.7 | 8,470.0 | 11,128.8 | 28.0% |
| Latin America | 333.1 | 382.6 | 444.0 | 529.7 | 637.7 | 770.8 | 942.5 | 1,163.6 | 1,451.4 | 1,828.8 | 2,323.5 | 2,976.5 | 3,846.3 | 5,014.9 | 27.0% |
| MEA | 223.1 | 257.4 | 300.1 | 359.7 | 434.9 | 528.0 | 648.4 | 803.9 | 1,006.9 | 1,274.1 | 1,625.4 | 2,090.8 | 2,712.6 | 3,550.9 | 27.5% |
| Overall | 3,098.3 | 3,545.4 | 4,099.3 | 4,873.1 | 5,844.9 | 7,039.6 | 8,576.3 | 10,549.7 | 13,111.2 | 16,461.1 | 20,838.1 | 26,599.9 | 34,250.0 | 44,497.5 | 26.5% |
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
