Global Lending Market Report 2020-2030: Market is Expected to Decline by $124 Billion in 2020

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Oct 06, 2020, 09:15 ET

DUBLIN, Oct. 6, 2020 /PRNewswire/ -- The "Lending Global Market Report 2020-30: COVID-19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering.

The global lending market is expected to decline from $6875.5 billion in 2019 to $6751.3 billion in 2020 at a compound annual growth rate (CAGR) of -1.9%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach $7929 billion in 2023.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider lending market, and compares it with other markets.

Western Europe was the largest region in the global lending market, accounting for 35% of the market in 2019. Asia Pacific was the second largest region accounting for 27% of the global lending market. Africa was the smallest region in the global lending market.

Online lending is growing across the world. This is primarily due to emergence of nonbank online lenders, who are particularly attractive to smaller businesses which need quick loans. Online lenders use automated network and data to reach borrowers, and offer cheaper loans than bank services such as credit cards. This has increased the competition among banks, leading to reduced rates and quicker approval times for borrowers. Some of the major online lenders include Upstart, Lu.com, Borrowell, Landbay, Auxmoney, Smava and Dianrong.

The lending market consists of sales of lending services (loans) by entities (organizations, sole traders and partnerships) that engage in making secured or unsecured loans to borrowing entities. Lending entities include establishments such as finance companies, personal credit institutions, loan companies and student loans companies.

This market covers all types of loans including mortgage loans, personal loans, working capital loans, vehicle loans and industrial loans. Revenue generated from the lending market includes all the interest charges levied by the lending entities such as banks and financial institutions against the loans sanctioned, but not the value of the loans themselves. This market includes interest charged by the banks on credit card and other payment cards as well as mortgages and other loans.

Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Lending Market Characteristics
3.1. Market Definition
3.2. Key Segmentations

4. Lending Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products

5. Lending Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers

6. Lending Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth

7. Lending Market Trends And Strategies

8. Lending Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, Value ($ Billion)
8.2.1. Drivers Of The Market
8.2.2. Restraints On The Market
8.3. Forecast Market Growth, Value ($ Billion)
8.3.1. Drivers Of The Market
8.3.2. Restraints On The Market

9. Lending Market Regional Analysis
9.1. Global Lending Market, 2019, By Region, Value ($ Billion)
9.2. Global Lending Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region
9.3. Global Lending Market, Growth And Market Share Comparison, By Region

10. Lending Market Segmentation
10.1. Global Lending Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Corporate Lending
Household Lending
Government Lending

10.2. Global Lending Market, Segmentation By Interest Rate, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Fixed Rate
Floating Rate

11. Lending Market Segments
11.1. Global Corporate Lending Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion) - Working Capital; Short Term - Corporate Lending; Long Term - Corporate Lending
11.2. Global Household Lending Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion) - Home Loans; Personal Loans; Other Household Loans
11.3. Global Government Lending Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion) - Short Term - Government Lending; Long Term - Government Lending

12. Lending Market Metrics
12.1. Lending Market Size, Percentage Of GDP, 2015-2023, Global
12.2. Per Capita Average Lending Market Expenditure, 2015-2023, Global

Companies Mentioned

Industrial and Commercial Bank of China
Agricultural Bank of China
Bank of China
Citigroup Inc
JP Morgan

For more information about this report visit https://www.researchandmarkets.com/r/248ac2

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