Peer-to-peer (P2P) Lending Apps Market By Component (Software, Services), By Deployment Model (Cloud, On-premise), By Business Model (Alternate Marketplace Lending, Traditional Lending) – Growth, Future Prospects and Competitive Analysis, 2019 – 2027

Growing usage of virtual money and rapid changes occurring in the financial sector are contributing to the growth of the peer-to-peer lending app market.

Globally, the peer-to-peer lending apps market is expected to grow at a CAGR of more than 52% during the forecast period from 2019 to 2027. Globally, the financial industry has been reshaped due to the growing finance models of crowdfunding and marketplace lending. As a result, various new and innovative platforms and firms are introducing new financing services. These new platforms become the disruptors that provide financial institutes with alternative financing models, ranging from marketplace lending and P2P lending to equity crowdfunding. In addition, various companies are designing new solutions for this changing financial sector to address the FinTech sector’s needs and regulatory requirements as they develop. This paradigm shift in the financial industry is the primary factor driving the demand for peer-to-peer lending apps and software.

Furthermore, the demand for virtual money and financial transactions is gradually increasing. This demand also fuels the growth of peer-to-peer lending apps and software markets across the globe. Moreover, the increasing number of P2P lenders also facilitates the development of this market. However, the risk of losing all money, a lack of awareness of p2p lending’s benefits among the general population, and higher government limitations are restraining the growth of this market during the forecast period.

Cloud-based peer-to-peer lending apps and software are expected to grow at a higher CAGR during the forecast period.

In 2018, cloud-based peer-to-peer lending apps and software were expected to reach the top of the chart during the forecast period. As the market for cloud lending is vastly growing and the number of cloud lenders is extending more than $1 trillion in digital loans each year, it opens new avenues for software developers. Cloud-based models are widely adopted in every industry, and the financial sector is no exception to this trend. These cloud-based models provide access to credit at an extraordinary level. These models reduce approval times from hours to minutes to instant and provide outstanding loan management features for tracking borrower payments and monitoring changes to their credit rating. Advanced technology like cloud-based software is projected to be the critical differentiator in online money lending.

Asia Pacific to Register the Fastest Growth

North America dominates the peer-to-peer lending app market, holding the largest market share globally. A large number of new product developments and increasing investments in technological advancements are the primary factors contributing to this enormous market share. Additionally, the growing adoption of virtual money transaction methods in the US and Canada is leading to the growth of this market in the North American region. As a result, the peer-to-peer lending apps and software market is experiencing a significant increase in the developed areas; however, emerging markets offer substantial growth opportunities to the players operating locally or internationally.

Countries such as India and China are showing significant growth opportunities to the players based on the growing demand for advanced technologies, government support to adopt digital tools for financial transactions, and the expansion of international players in this region. Moreover, local companies in this region are attracting much investment to develop and deploy peer-to-peer lending apps and software to local and international customers.

Some prominent players operating in the peer-to-peer lending apps market include Turnkey Lender, AIS Technolabs, Profile Software, Lending Software, Ahsan Technologies, HiEnd Systems, Lending Club, AIS Technolabs, Habile Technologies, and SoFi, among others.

Historical and Forecast Period

This research report presents the analysis of each segment from 2017 to 2027,considering 2018as the base year for the research. The compound annual growth rate (CAGR) for each respective detail is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The peer-to-peer lending apps market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global peer-to-peer lending app market based on application and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

• What was the market size of peer-to-peer lending apps in 2018 and the forecast up to 2027?
• Which is the largest regional market for the cloud-based software segment?
• What significant trends followed in the peer-to-peer lending app market across different regions?
• Who are the critical peer-to-peer lending app companies leading the market?
• What are the key strategies adopted by the leading peer-to-peer lending app companies in the market?

Unique data points of this report

• Statistics on peer-to-peer lending app penetration and spending worldwide
• Recent trends across different regions in terms of the adoption of analytics solutions for various applications in the financial sector
• Notable developments are going on in the peer-to-peer lending app industry.
• Attractive investment propositions for segments as well as geography
• Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Peer to Peer (P2P) Lending Apps Market
2.2 Global Peer to Peer (P2P) Lending Apps Market, By Component, 2018 (US$ Bn)
2.3 Global Peer to Peer (P2P) Lending Apps Market, By Deployment Model, 2018 (US$ Bn)
2.4 Global Peer to Peer (P2P) Lending Apps Market, By Business Model, 2018 (US$ Bn)
2.5 Global Peer to Peer (P2P) Lending Apps Market, By Geography, 2018 (US$ Bn)

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Peer to Peer (P2P) Lending Apps Market Value, 2017 – 2027, (US$ Bn)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends
3.5 Attractive Investment Proposition, by Geography, 2018
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Peer to Peer (P2P) Lending Apps Vendors, 2018
3.6.2 Key Strategies Adopted by the Leading Players

Chapter 4 Global Peer to Peer (P2P) Lending Apps Market Analysis, by Component, 2017 – 2027 (US$ Bn)
4.1 Overview
4.2 Software
4.3 Services

Chapter 5 Global Peer to Peer (P2P) Lending Apps Market Analysis, by Deployment Model, 2017 – 2027 (US$ Bn)
5.1 Overview
5.2 Cloud
5.3 On-premise

Chapter 6 Global Peer to Peer (P2P) Lending Apps Market Analysis, by Business Model, 2017 – 2027 (US$ Bn)
6.1 Overview
6.2 ALTERNATE MARKETPLACE LENDING
6.3 Traditional lending

Chapter 7 North America Peer to Peer (P2P) Lending Apps Market Analysis, 2017 – 2027 (US$ Bn)
7.1 Overview
7.2 North America Peer to Peer (P2P) Lending Apps Market Analysis, By Component, 2017 – 2027
7.2.1 Market Analysis
7.3 North America Peer to Peer (P2P) Lending Apps Market Analysis, By Deployment Model, 2017 – 2027
7.3.1 Market Analysis
7.4 North America Peer to Peer (P2P) Lending Apps Market Analysis, By Business Model, 2017 – 2027
7.4.1 Market Analysis
7.5 North America Peer to Peer (P2P) Lending Apps Market Analysis, By Region/Country, 2017 – 2027
7.5.1 U.S.
7.5.1.1 U.S. Peer to Peer (P2P) Lending Apps Market Value, By Component, 2017 – 2027 (US$ Bn)
7.5.1.2 U.S. Peer to Peer (P2P) Lending Apps Market Value, By Deployment Model, 2017 – 2027 (US$ Bn)
7.5.1.3 U.S. Peer to Peer (P2P) Lending Apps Market Value, By Business Model, 2017 – 2027 (US$ Bn)
7.5.2 Rest of North America
7.5.2.1 Rest of North America Peer to Peer (P2P) Lending Apps Market Value, By Component, 2017 – 2027 (US$ Bn)
7.5.2.2 Rest of North America Peer to Peer (P2P) Lending Apps Market Value, By Deployment Model, 2017 – 2027 (US$ Bn)
7.5.2.3 Rest of North America Peer to Peer (P2P) Lending Apps Market Value, By Business Model, 2017 – 2027 (US$ Bn)

Chapter 8 Europe Peer to Peer (P2P) Lending Apps Market Analysis, 2017 – 2027 (US$ Bn)
8.1 Overview
8.2 Europe Peer to Peer (P2P) Lending Apps Market Analysis, By Component, 2017 – 2027
8.2.1 Market Analysis
8.3 Europe Peer to Peer (P2P) Lending Apps Market Analysis, By Deployment Model, 2017 – 2027
8.3.1 Market Analysis
8.4 Europe Peer to Peer (P2P) Lending Apps Market Analysis, By Business Model, 2017 – 2027
8.4.1 Market Analysis
8.5 Europe Peer to Peer (P2P) Lending Apps Market Analysis, By Region/Country, 2017 – 2027
8.5.1 U.K.
8.5.1.1 U.K. Peer to Peer (P2P) Lending Apps Market Value, By Component, 2017 – 2027 (US$ Bn)
8.5.1.2 U.K. Peer to Peer (P2P) Lending Apps Market Value, By Deployment Model, 2017 – 2027 (US$ Bn)
8.5.1.3 U.K. Peer to Peer (P2P) Lending Apps Market Value, By Business Model, 2017 – 2027 (US$ Bn)
8.5.2 Germany
8.5.2.1 Germany Peer to Peer (P2P) Lending Apps Market Value, By Component, 2017 – 2027 (US$ Bn)
8.5.2.2 Germany Peer to Peer (P2P) Lending Apps Market Value, By Deployment Model, 2017 – 2027 (US$ Bn)
8.5.2.3 Germany Peer to Peer (P2P) Lending Apps Market Value, By Business Model, 2017 – 2027 (US$ Bn)
8.5.3 France
8.5.3.1 France Peer to Peer (P2P) Lending Apps Market Value, By Component, 2017 – 2027 (US$ Bn)
8.5.3.2 France Peer to Peer (P2P) Lending Apps Market Value, By Deployment Model, 2017 – 2027 (US$ Bn)
8.5.3.3 France Peer to Peer (P2P) Lending Apps Market Value, By Business Model, 2017 – 2027 (US$ Bn)
8.5.4 Rest of Europe
8.5.4.1 Rest of Europe Peer to Peer (P2P) Lending Apps Market Value, By Component, 2017 – 2027 (US$ Bn)
8.5.4.2 Rest of Europe Peer to Peer (P2P) Lending Apps Market Value, By Deployment Model, 2017 – 2027 (US$ Bn)
8.5.4.3 Rest of Europe Peer to Peer (P2P) Lending Apps Market Value, By Business Model, 2017 – 2027 (US$ Bn)

Chapter 9 Asia Pacific Peer to Peer (P2P) Lending Apps Market Analysis, 2017 – 2027 (US$ Bn)
9.1 Overview
9.2 Asia Pacific Peer to Peer (P2P) Lending Apps Market Analysis, By Component, 2017 – 2027
9.2.1 Market Analysis
9.3 Asia Pacific Peer to Peer (P2P) Lending Apps Market Analysis, By Deployment Model, 2017 – 2027
9.3.1 Market Analysis
9.4 Asia Pacific Peer to Peer (P2P) Lending Apps Market Analysis, By Business Model, 2017 – 2027
9.4.1 Market Analysis
9.5 Asia Pacific Peer to Peer (P2P) Lending Apps Market Analysis, By Region/Country, 2017 – 2027
9.5.1 China
9.5.1.1 China Peer to Peer (P2P) Lending Apps Market Value, By Component, 2017 – 2027 (US$ Bn)
9.5.1.2 China Peer to Peer (P2P) Lending Apps Market Value, By Deployment Model, 2017 – 2027 (US$ Bn)
9.5.1.3 China Peer to Peer (P2P) Lending Apps Market Value, By Business Model, 2017 – 2027 (US$ Bn)
9.5.2 Japan
9.5.2.1 Japan Peer to Peer (P2P) Lending Apps Market Value, By Component, 2017 – 2027 (US$ Bn)
9.5.2.2 Japan Peer to Peer (P2P) Lending Apps Market Value, By Deployment Model, 2017 – 2027 (US$ Bn)
9.5.2.3 Japan Peer to Peer (P2P) Lending Apps Market Value, By Business Model, 2017 – 2027 (US$ Bn)
9.5.3 India
9.5.3.1 India Peer to Peer (P2P) Lending Apps Market Value, By Component, 2017 – 2027 (US$ Bn)
9.5.3.2 India Peer to Peer (P2P) Lending Apps Market Value, By Deployment Model, 2017 – 2027 (US$ Bn)
9.5.3.3 India Peer to Peer (P2P) Lending Apps Market Value, By Business Model, 2017 – 2027 (US$ Bn)
9.5.4 Rest of Asia Pacific
9.5.4.1 Rest of Asia Pacific Peer to Peer (P2P) Lending Apps Market Value, By Component, 2017 – 2027 (US$ Bn)
9.5.4.2 Rest of Asia Pacific Peer to Peer (P2P) Lending Apps Market Value, By Deployment Model, 2017 – 2027 (US$ Bn)
9.5.4.3 Rest of Asia Pacific Peer to Peer (P2P) Lending Apps Market Value, By Business Model, 2017 – 2027 (US$ Bn)

Chapter 10 Rest of the World (RoW) Peer to Peer (P2P) Lending Apps Market Analysis, 2017 – 2027 (US$ Bn)
10.1 Overview
10.2 RoW Peer to Peer (P2P) Lending Apps Market Analysis, By Component, 2017 – 2027
10.2.1 Market Analysis
10.3 RoW Peer to Peer (P2P) Lending Apps Market Analysis, By Deployment Model, 2017 – 2027
10.3.1 Market Analysis
10.4 RoW Peer to Peer (P2P) Lending Apps Market Analysis, By Business Model, 2017 – 2027
10.4.1 Market Analysis
10.5 RoW Peer to Peer (P2P) Lending Apps Market Analysis, By Region/Country, 2017 – 2027
10.5.1 Middle East & Africa (MEA)
10.5.1.1 MEA Peer to Peer (P2P) Lending Apps Market Value, By Component, 2017 – 2027 (US$ Bn)
10.5.1.2 MEA Peer to Peer (P2P) Lending Apps Market Value, By Deployment Model, 2017 – 2027 (US$ Bn)
10.5.1.3 MEA Peer to Peer (P2P) Lending Apps Market Value, By Business Model, 2017 – 2027 (US$ Bn)
10.5.2 Latin America
10.5.2.1 Latin America Peer to Peer (P2P) Lending Apps Market Value, By Component, 2017 – 2027 (US$ Bn)
10.5.2.2 Latin America Peer to Peer (P2P) Lending Apps Market Value, By Deployment Model, 2017 – 2027 (US$ Bn)
10.5.2.3 Latin America Peer to Peer (P2P) Lending Apps Market Value, By Business Model, 2017 – 2027 (US$ Bn)

Chapter 11 Company Profiles
11.1 Turnkey Lender
11.2 Profile Software
11.3 AIS Technolabs
11.4 Lending Software
11.5 HiEnd Systems
11.6 Ahsan Technologies
11.7 Lending Club
11.8 Habile Technologies
11.9 AIS Technolabs
11.10 SoFi

 

List of Figures

FIG. 1 Global Peer to Peer (P2P) Lending Apps: Market Segmentation
FIG. 2 Global Peer to Peer (P2P) Lending Apps Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Peer to Peer (P2P) Lending Apps Market, By Component, 2018 (US$ Bn)
FIG. 5 Global Peer to Peer (P2P) Lending Apps Market, By Deployment Model, 2018 (US$ Bn)
FIG. 6 Global Peer to Peer (P2P) Lending Apps Market, By Business Model, 2018 (US$ Bn)
FIG. 7 Global Peer to Peer (P2P) Lending Apps Market, By Geography, 2018 (US$ Bn)
FIG. 8 Global Peer to Peer (P2P) Lending Apps Market Value, 2017 – 2027, (US$ Bn)
FIG. 9 Attractive Investment Proposition, by Geography, 2018
FIG. 10 Market Positioning of Key Peer to Peer (P2P) Lending Apps Vendors, 2018
FIG. 11 Global Peer to Peer (P2P) Lending Apps Market Value Contribution, By Component, 2018 & 2027 (%)
FIG. 12 Global Software Market Value, 2017 – 2027, (US$ Bn)
FIG. 13 Global Services Market Value, 2017 – 2027, (US$ Bn)
FIG. 14 Global Peer to Peer (P2P) Lending Apps Market Value Contribution, By Deployment Model, 2018 & 2027 (%)
FIG. 15 Global Cloud Market Value, 2017 – 2027, (US$ Bn)
FIG. 16 Global On-premise Market Value, 2017 – 2027, (US$ Bn)
FIG. 17 Global Peer to Peer (P2P) Lending Apps Market Value Contribution, By Business Model, 2018 & 2027 (%)
FIG. 18 Global Peer to Peer (P2P) Lending Apps Market Value from Alternate Marketplace Lending, 2017 – 2027 (US$ Bn)
FIG. 19 Global Peer to Peer (P2P) Lending Apps Market Value from Traditional lending, 2017 – 2027 (US$ Bn)
FIG. 20 North America Peer to Peer (P2P) Lending Apps Market Value, 2017 – 2027, (US$ Bn)
FIG. 21 Europe Peer to Peer (P2P) Lending Apps Market Value, 2017 – 2027, (US$ Bn)
FIG. 22 Asia Pacific Peer to Peer (P2P) Lending Apps Market Value, 2017 – 2027, (US$ Bn)
FIG. 23 RoW Peer to Peer (P2P) Lending Apps Market Value, 2017 – 2027, (US$ Bn)