Global Digital Lending Platform Markets, 2021-2028 by Solution, Service, & Deployment - Rise in Financial Services & Emergence of Digital Services
DUBLIN, Nov. 4, 2021 /PRNewswire/ -- The "Digital Lending Platform Market Share, Size, Trends, Industry Analysis Report 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.
The global digital lending platform market size is expected to reach USD 26.26 billion by 2028
The markets are driven by the factors such as the increasing number of government initiatives coupled with the growing trend of digitalization in the financial sectors. In addition, the increasing penetration of smartphones as well as the adoption of the internet in the modernized society is acting as a catalyzing factor for the global market development.
Furthermore, technological development such as the growing adoption of cloud-based platforms and integration of artificial intelligence (AI) is also creating lucrative growth in the upcoming years.
For instance, in January 2021, the Reserve Bank of India (RBI) declared that they created a working group for studying phases of digital offering activities, which is performed by regulated and un-regulated vendors that also comprise mobile phone apps. Therefore, these government policies and regulations may propel the demand of the industry in the near future.
Major participants such as Abrigo, Built Technology, Cu Direct, Docutech, Ellie Mae, Inc., FIS, Fiserv, Inc, Ice Mortgage Technology, Intellect Design Arena, Newgen Software, Nucleus Software, Pegasystems Inc., Sigma Infosolutions, Tavant, Temenos, Turnkey Lenders, Wilzni are some of the key players operating in the global market.
Digital Lending Platform Market Dynamics
Drivers and Opportunities
Restraints and Challenges
Porter's Five Forces Analysis
Digital Lending Platform Market Industry trends
COVID-19 Impact Analysis
Scope of the Report
Digital Lending Platform, Service Outlook
Digital Lending Platform, Deployment Outlook
Digital Lending Platform, End-Use Outlook
Digital Lending Platform, Regional Outlook
For more information about this report visit https://www.researchandmarkets.com/r/fqoti9
Research and Markets
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