Published Date : Aug 29, 2016
ALBANY, NY, Aug 29, 2016: MarketResearchReports.biz recently announced the addition of a new market research study to its comprehensive collection of research reports. The 69-page research study, titled “Global Peer-To-Peer Lending Market 2016-2020,” provides a thorough reports of the market, including information related to the key growth factors, current trends, and opportunities. Furthermore, the research study has taken help of tables, charts, and infographics to present the historical data and forecast figures to give a clear picture of the peer-to-peer lending market.
As per the research report, the global market for peer-to-peer lending is estimated to exhibit a remarkable 53% CAGR between 2016 and 2020. The growing demand for artificial intelligence and big data and the rapid growth of small business lending are some of the key trends estimated to create potential opportunities for the leading players engaged in the market.
The enhancement of inventory management and rise in the lending among micro, small, and medium enterprises (MSMEs) are the primary factors projected to augment the growth of the global peer-to-peer lending market in the forecast period. Moreover, borrowers across the globe now have faster and easy access to credit, which is another factor driving the peer-to-peer lending market across the globe. On the other hand, the rising regulatory risks, the unbalanced economic recovery worldwide, and difficulty in evaluating long-term viability owing to the rising competition from banks and other types of lenders are some of the key factors estimated to curtail the growth of the global peer-to-peer lending market in the near future.
For Sample Copy, click here: http://www.marketresearchreports.biz/sample/sample/775674
The research study has further classified the global market for peer-to-peer lending on the basis of geography into EMEA, the Americas, and APAC. Among these, the Americas are estimated to account for a massive 45% share in the overall market by the end of 2020. The growing demand for peer-to-peer lending products and introduction of multi-service baking techniques are the primary factors propelling the growth of the peer-to-peer lending market in the Americas.
The global market for peer-to-peer lending is highly competitive in nature due to the presence of numerous players operating in the market. The growing demand for peer-to-peer lending products has encouraged the participation of several new players in the next few years. These startups are expected to focus on introducing innovative products and gaining widespread media coverage in order to strengthen the competition in the global market.
The prominent players operating in the peer-to-peer lending market across the globe are Lending Club, CircleBack Lending, Prosper, Peerform, and Upstart. Some of the other players included in the research study are Pave, SoFi, Daric, Funding Circle, and Borrowers First. The key strategies adopted by the leading players in the global peer-to-peer lending market in order to sustain in the market have been mentioned in the scope of the research report.
To order report Call Toll Free: 866-997-4948 or send an email on email@example.com