Press release
Digital Lending Platform Market Size, Share, Statistics & Trends Analysis Report By Component, By Type, By Deployment Model, By End-User, By Region, and Segment Forecasts 2027
The global digital lending platform market size was valued at US$ 5.58 billion in 2019 and is projected to reach US$ 20.31 billion by 2027 growing at a Compound Annual Growth Rate (CAGR) of 16.7% from 2020 to 2027.
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Digital Lending Platform Market Trends:
1. Growing Digitalization Of Services By Financial Organizations And Government Initiatives
2. Shift From Traditional To Digital Lending And Rising Technological Advancements
3. Covid 19 Impact And Rapid Expansion Of Customer Base
Digital Lending Platform Market Share
Based on components, the software segment is expected to provide lucrative opportunities for growth in the Digital Lending Platform market share during the forecast period due to the growing adoption of software solutions by financial organizations to deliver their services across various digital channels.
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Digital Lending Platform Market By Component
• Solution
• Service
Digital Lending Platform Market By Type
• Loan Origination
• Decision Automation
• Collections and Recovery
• Risk and Compliance Management
• Others
Digital Lending Platform Market By Deployment Model
• On-premise
• Cloud-based
Digital Lending Platform Market By End-User
• Banks
• Insurance Companies
• Credit Unions
• Savings and Loan Associations
• Peer-to-Peer Lending
• Others
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Similar Reports:
1. Fintech Lending market: https://reports.valuates.com/market-reports/QYRE-Auto-4B5980/global-fintech-lending
2. Fintech lending technologies market: https://reports.valuates.com/market-reports/QYRE-Auto-31J5792/global-fintech-technologies
3. Fintech market: https://reports.valuates.com/market-reports/QYRE-Othe-2W194/fintech
4. Digital Banking Market: https://reports.valuates.com/market-reports/QYRE-Auto-4N473/global-digital-banking
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