Visualize Alternative Finance Market using Technavio Intelligence. Browse Summary of the Research Report to Learn More
- One of the key factors driving the alternative finance market growth is the better returns for investors. The average yield on FDs or 10-year government bonds in developed countries such as the UK and the US is around 1%-3%, and alternative finance investment platforms such as LendingClub and Funding Circle provide returns at a theoretical average of 7%.
- Another key factor driving the alternative finance market growth is the rapid growth in APAC. For instance, the number of SMEs in China was approximately 18.07 million by the end of 2018. Similarly, according to the data published by the Ministry of Micro, Small and Medium Enterprises (MSMEs), as of March 2020, there were 63.3 million (6.33 Crore) SMEs present across India.
- High risk of credit default is one of the key challenges hindering the alternative finance market growth. For instance, the default rates for LendingClub and Prosper Marketplace on loans with a payback period of three years or more average at around 10%-14%. High-risk lenders such as Bondora Capital, which provide loans to customers with very poor creditworthiness, have a credit default rate of up to 25%-30% of their overall loan volume.
For More Insights on the Latest Drivers, Trends, and Challenges that will Help Companies Evaluate and Develop Growth Strategies. Request Sample Copy (Including Graphs & Tables) of this Report
Alternative Finance Market: What is the Revenue-generating Type Segments?
- P2P Lending
- Crowdfunding
- Invoice Trading
Alternative Finance Market: Which are the Key Regions?
- APAC
- North America
- Europe
- South America
- MEA
Download Sample Report Using Business Email ID to Gain Further Insights on the Market Share & Contribution of Various Segments & Regions on Higher Priority
Companies Covered:
- CircleUp Network Inc.
- Crowdfunder Ltd.
- Fundable LLC
- Funding Circle Holdings Plc
- Fundrise LLC
- GoFundMe Inc.
- Indiegogo Inc.
- Kickstarter PBC
- LendingClub Corp.
- Patreon Inc.
The alternative finance market is fragmented, and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market. Moreover, to make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
For Detailed Information on the Production, Sustainability, and Prospects of the Leading Companies. View Sample Report
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2020, 2021, until 2025
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Get more information on Macro & Micro Economic Factor Analysis, Statistical Tools, and Trend Projection. Read Sample Report
Related Reports:
- Metaverse Market in Finance by Component and Geography - Forecast and Analysis 2022-2026: The metaverse market share in finance is expected to increase to USD 50.37 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 20.93%. The metaverse market share growth in finance by the hardware segment will be significant during the forecast period. Quick adoption of AR devices and VR headsets by banks and financial institutions to improve customer service and experience, the introduction of cutting-edge technology to speed up innovation in fintech solutions, and rising hardware developments are propelling the segment forward and thereby driving the metaverse market growth in finance. Find More Research Insights Here
- Personal Finance Software Market by Product, End-user, and Geography - Forecast and Analysis 2020-2024: The personal finance software market share is expected to increase by USD 191.74 million from 2019 to 2024, and the market's growth momentum will accelerate at a CAGR of 4%. 41% of the market's growth will originate from APAC during the forecast period. India, China, and Japan are the key markets for personal finance software in APAC. Market growth in this region will be faster than the growth of the market in other regions. Find More Research Insights Here
Alternative Finance Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 10% |
Market growth 2021-2025 |
$ 176.15 billion |
Market structure |
Fragmented |
YoY growth (%) |
7.95 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 73% |
Key consumer countries |
China, US, UK, Germany, and Indonesia |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
CircleUp Network Inc., Crowdfunder Ltd., Fundable LLC, Funding Circle Holdings Plc, Fundrise LLC, GoFundMe Inc., Indiegogo Inc., Kickstarter PBC, LendingClub Corp., and Patreon Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- 2.2 Market characteristics
- Exhibit 02: Market characteristics
- 2.3 Value chain analysis
- Exhibit 03: Value chain analysis: Specialized consumer services
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ billion)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
- 3.5 Type of financial models in alternative finance
4 Five Forces Analysis
- 4.1 Five forces analysis
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by Type
- 5.3 P2P lending - Market size and forecast 2020-2025
- Exhibit 17: P2P lending - Market size and forecast 2020-2025 ($ billion)
- Exhibit 18: P2P lending - Year-over-year growth 2020-2025 (%)
- 5.4 Crowdfunding - Market size and forecast 2020-2025
- Exhibit 19: Crowdfunding - Market size and forecast 2020-2025 ($ billion)
- Exhibit 20: Crowdfunding - Year-over-year growth 2020-2025 (%)
- 5.5 Invoice trading - Market size and forecast 2020-2025
- Exhibit 21: Invoice trading - Market size and forecast 2020-2025 ($ billion)
- Exhibit 22: Invoice trading - Year-over-year growth 2020-2025 (%)
- 5.6 Market opportunity by Type
- Exhibit 23: Market opportunity by Type
6 Customer landscape
7 Geographic Landscape
- 7.1 Geographic segmentation
- 7.2 Geographic comparison
- 7.3 APAC - Market size and forecast 2020-2025
- 7.4 North America - Market size and forecast 2020-2025
- 7.5 Europe - Market size and forecast 2020-2025
- 7.6 South America - Market size and forecast 2020-2025
- 7.7 MEA - Market size and forecast 2020-2025
- 7.8 Key leading countries
- 7.9 Market opportunity by geography
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
- 10.2 Market positioning of vendors
- 10.3 CircleUp Network Inc.
- 10.6 Funding Circle Holdings Plc
11 Appendix
- 11.2 Currency conversion rates for US$
- 11.3 Research methodology
- 11.4 List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article