Digital Lending Market Analysis North America,APAC,Europe,South America,Middle East and Africa - US,China,Japan,Germany,France - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 150 SKU: IRTNTR75816

Digital Lending Market Forecast 2023-2027

Global Digital Lending Market size is estimated to increase by USD 19.14 billion and grow at a CAGR of 19.89% between 2022 and 2027. The expansion of the digital lending market relies on various factors, such as the adoption of advanced technologies throughout the lending process, the rise of digitalization, and the trend toward urbanization in smart cities. However, several challenges impede this growth trajectory. These encompass compliance and regulatory hurdles intertwined with lending practices, as well as privacy and security apprehensions associated with digital lending transactions. Additionally, the persistence of high-interest rates in digital lending poses a significant obstacle. Overcoming these challenges requires a concerted effort from stakeholders to navigate regulatory complexities, bolster privacy measures, and explore avenues for interest rate optimization. By addressing these issues, the digital lending sector can cultivate a more conducive environment for sustained growth and innovation, ensuring its continued relevance in the evolving landscape of financial services.

 Digital Lending Market Size 

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Market Segmentation

This market report extensively covers market segmentation by component (solution and service), deployment (on-premises and cloud), and geography (North America, APAC, Europe, South America, and the Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. 

By component

The solution segment is estimated to witness significant growth during the forecast period. Digital lenders such as Fiserv, Inc. (Fiserv), and Fidelity National Information Services are reducing loan processing times by technological advances in the lending landscape, which can be of massive importance to borrowers that require quick access to funds.

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The solution segment was the largest segment and was valued at USD 3.94 billion in 2017. Due to a rising number of fintech startups and financial institutions offering services, there is scope for further improvement in the landscape through the introduction of innovative solutions. As per Forbes, the number of digital wallet users is likely to be expected to grow from 2.3 billion users in 2020 to 4.4 billion users by 2025 mostly due to the ease of applying for and receiving loans. Hence, as a result of the various factors discussed above, the solutions segment is predicted to witness growth during the forecast period.

Regional Analysis 

North America is estimated to contribute 33% to the growth of the global market during the forecast period.

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Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. In the North American region, demand is predicted to increase during the forecast period. This is due to commercial lending companies in the US like Pegasystems Inc. (Pegasystems), Finastra, and HES FinTech improving their customer experience by increasing investment in AI and IoT technologies. Small businesses, particularly entrepreneurs from the migrant population, prefer digital lending and micro-loans for their business expansion efforts.

Market Dynamics and Customer Landscape

In the realm of digital lending, financial institutions are increasingly leveraging technology and data analytics to enhance their operations. Revenue per loan is a critical metric driving decision-making, influenced by factors such as loan applications, creditworthiness assessment, and efficient loan disbursement processes. Personal loans, business loans, and student loans are all being facilitated through digital channels, often accessed via smartphones and other mobile devices. Mobile payments and mobile banking are transforming the landscape of financial transactions alongside online banking services. However, cybersecurity remains a paramount concern, necessitating the integration of artificial intelligence, machine learning, and blockchain technologies. Regulations play a crucial role in shaping the digital lending landscape, impacting interest rates and governing responses to cyberattacks and data breaches, particularly concerning personal information security. Prioritizing customer satisfaction through digitalization and optimizing customer experience are key strategies for financial institutions navigating the digital lending space.

Key Market Driver

The use of advanced technologies in the lending process is significantly driving market growth.  Cloud-based payment platforms have helped financial organizations in rapid data collection and offering services such as the initiation of quick disbursal of loans. Other digital platforms, like in-memory databases and columnar databases, help reduce paper usage and allow ease of access with a simple network connection. AI and data analytics, adopted by Newgen Software Technologies Limited (Newgen) and other platforms, allow online loan management, assessment, and disbursal and improve risk and data management.

Additionally, these features help ensure financial institutes have greater ease of collecting interest, principal, and payments from their borrowers. Streamlining core business and loan operations in the financial sector is also another advantage that AI-based technologies allow. These factors are likely to propel the growth of the global market during the forecast period.

Significant Market Trends

The rise in the adoption of cloud-based digital lending servicing software offerings is a key trend in the market. The shift towards cloud computing from on-premises-based services is largely due to its scalability and cost-effectiveness. Its ease of implementation, reduced capital expenditure, and improved data accessibility are also reasons it is increasingly preferred. Vendors such as LendFoundry in the US have improved customer experience by the provision of tools and accelerators for customer management, compliance reporting, authentication, security, and creditworthiness.

Additionally, some market players are forming partnerships and collaborations to introduce cloud-based solutions for financial institutes and expand their customer base. Hence, the increased usage of cloud-based loan servicing software is one factor that can propel the growth of the global market during the forecast period.

Major Market Challenge

Compliance and regulatory challenges related to lending are hindering market growth. Regulatory bodies set down requirements, regulations, compliances, and guidelines for maintaining financial integrity in the market, and in recent years, these have observed massive changes. Hence, adherence to these rules and regulations is vital for lenders to display financial stability. For example, Basel III is a standard regulation consisting of a collection of international banking regulations framed by the Bank for International Settlements that all global financial institutions must adhere to. 

Additionally, these compliances will vary from region to region, and upon starting operations in a new region, a lender must recognize and comply with regulations set out by regional governments or financial bodies. Hence, for the same reason, compliance management is increasingly being solved by innovative technology-driven solutions that also lower costs associated with compliance. Hence these factors shall restrain the growth of the market during the forecast period.

Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Market Customer Landscape

Who are the Major Digital Lending Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Built Technologies Inc. - The company offers digital lending, such as built construction loan administration software, which provides real-time visibility to construction portfolios while simplifying the complex loan administration process.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Abrigo
  • ARGO Data Resource Corp.
  • CoreLogic Inc.
  • CU Direct Corp.
  • Decimal technologies
  • Fidelity National Information Services Inc.
  • First American Financial Corp.
  • Fiserv Inc.
  • Intellect Design Arena Ltd.
  • Intercontinental Exchange Inc.
  • Juris Technologies Sdn Bhd
  • Newgen Software Technologies Ltd.
  • Nucleus Software Exports Ltd.
  • Pegasystems Inc.
  • Sigma Infosolutions
  • Tavant
  • Temenos AG
  • UAB HES Europe
  • Vista Equity Partners Management LLC

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Component Outlook 
    • Solution
    • Service
  • Deployment Outlook
    • On-premises
    • Cloud
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Argentina
      • Brazil
      • Chile

Market Analyst Overview

The market is experiencing exponential growth, driven by advancements in technology and changing consumer behaviors. Loan applications and loan disbursement processes have been streamlined through digital platforms, catering to both personal loans, business loans, and student loans. Smartphones and mobile devices have become indispensable tools for accessing mobile payments, mobile banking, and online banking services, necessitating robust cybersecurity measures, including artificial intelligence, machine learning, and blockchain technologies to safeguard personal information. Interest rates and financial security remain key concerns amidst rising cyberattacks and data breaches. Digital remittance services cater to the needs of migrant workers, facilitating cross-border transactions and mobile money transfers. Regulatory requirements, including anti-money laundering (AML) and know your customer (KYC) standards, shape the landscape for banks, money transfer operators, and online platforms. As global migration continues, the market evolves to meet the demands of international residents while complying with authorized regulators.

In the realm of digital finance, the landscape is shaped by a multitude of factors, from revenue per loan to customer satisfaction, particularly for micro, small, and medium-sized enterprises (MSMEs). The effectiveness of digital platforms hinges on robust telecom infrastructure and high internet speeds, crucial for the services segment and consulting firms navigating the realm of digital transfer platforms and online transactions. Electronic devices, especially mobile devices, drive cross-border transactions and payments, though concerns over money transfer costs persist. The digital remittance business, while facilitating international remittances, faces challenges such as security barriers against money laundering and terrorism funding. Digital payments, wire transfer services, and electronic wallets strive to uphold anti-money laundering (AML) standards while enhancing convenience for users. As the digital finance ecosystem evolves, addressing the needs of low-wage migrant workers and ensuring the integrity of cross-border transactions remain paramount.

Digital Lending Market Scope

Report Coverage

Details

Page number

150

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 19.89%

Market growth 2023-2027

USD 19.14 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

18.25

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 33%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Abrigo, ARGO Data Resource Corp., Built Technologies Inc., CoreLogic Inc., CU Direct Corp., Decimal technologies, Fidelity National Information Services Inc., First American Financial Corp., Fiserv Inc., Intellect Design Arena Ltd., Intercontinental Exchange Inc., Juris Technologies Sdn Bhd, Newgen Software Technologies Ltd., Nucleus Software Exports Ltd., Pegasystems Inc., Sigma Infosolutions, Tavant, Temenos AG, UAB HES Europe, and Vista Equity Partners Management LLC

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global digital lending market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global digital lending market 2017 - 2021 ($ million)
    • 4.2 Component Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Component Segment 2017 - 2021 ($ million)
    • 4.3 Deployment Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Deployment Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Component

    • 6.1 Market segments
      • Exhibit 30: Chart on Component - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Component - Market share 2022-2027 (%)
    • 6.2 Comparison by Component
      • Exhibit 32: Chart on Comparison by Component
      • Exhibit 33: Data Table on Comparison by Component
    • 6.3 Solution - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Solution - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Solution - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Solution - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Solution - Year-over-year growth 2022-2027 (%)
    • 6.4 Service - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Service - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Service - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Service - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Service - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Component
      • Exhibit 42: Market opportunity by Component ($ million)
      • Exhibit 43: Data Table on Market opportunity by Component ($ million)

    7 Market Segmentation by Deployment

    • 7.1 Market segments
      • Exhibit 44: Chart on Deployment - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Deployment - Market share 2022-2027 (%)
    • 7.2 Comparison by Deployment
      • Exhibit 46: Chart on Comparison by Deployment
      • Exhibit 47: Data Table on Comparison by Deployment
    • 7.3 On-premises - Market size and forecast 2022-2027
      • Exhibit 48: Chart on On-premises - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Data Table on On-premises - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Chart on On-premises - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on On-premises - Year-over-year growth 2022-2027 (%)
    • 7.4 Cloud - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Cloud - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Cloud - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Cloud - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Cloud - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Deployment
      • Exhibit 56: Market opportunity by Deployment ($ million)
      • Exhibit 57: Data Table on Market opportunity by Deployment ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 63: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 APAC - Market size and forecast 2022-2027
      • Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 France - Market size and forecast 2022-2027
      • Exhibit 99: Chart on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ million)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 Abrigo
              • Exhibit 111: Abrigo - Overview
              • Exhibit 112: Abrigo - Product / Service
              • Exhibit 113: Abrigo - Key offerings
            • 12.4 Built Technologies Inc.
              • Exhibit 114: Built Technologies Inc. - Overview
              • Exhibit 115: Built Technologies Inc. - Product / Service
              • Exhibit 116: Built Technologies Inc. - Key offerings
            • 12.5 CU Direct Corp.
              • Exhibit 117: CU Direct Corp. - Overview
              • Exhibit 118: CU Direct Corp. - Product / Service
              • Exhibit 119: CU Direct Corp. - Key offerings
            • 12.6 Fidelity National Information Services Inc.
              • Exhibit 120: Fidelity National Information Services Inc. - Overview
              • Exhibit 121: Fidelity National Information Services Inc. - Business segments
              • Exhibit 122: Fidelity National Information Services Inc. - Key news
              • Exhibit 123: Fidelity National Information Services Inc. - Key offerings
              • Exhibit 124: Fidelity National Information Services Inc. - Segment focus
            • 12.7 First American Financial Corp.
              • Exhibit 125: First American Financial Corp. - Overview
              • Exhibit 126: First American Financial Corp. - Business segments
              • Exhibit 127: First American Financial Corp. - Key offerings
              • Exhibit 128: First American Financial Corp. - Segment focus
            • 12.8 Fiserv Inc.
              • Exhibit 129: Fiserv Inc. - Overview
              • Exhibit 130: Fiserv Inc. - Business segments
              • Exhibit 131: Fiserv Inc. - Key offerings
              • Exhibit 132: Fiserv Inc. - Segment focus
            • 12.9 Intellect Design Arena Ltd.
              • Exhibit 133: Intellect Design Arena Ltd. - Overview
              • Exhibit 134: Intellect Design Arena Ltd. - Product / Service
              • Exhibit 135: Intellect Design Arena Ltd. - Key offerings
            • 12.10 Intercontinental Exchange Inc.
              • Exhibit 136: Intercontinental Exchange Inc. - Overview
              • Exhibit 137: Intercontinental Exchange Inc. - Business segments
              • Exhibit 138: Intercontinental Exchange Inc. - Key offerings
              • Exhibit 139: Intercontinental Exchange Inc. - Segment focus
            • 12.11 Newgen Software Technologies Ltd.
              • Exhibit 140: Newgen Software Technologies Ltd. - Overview
              • Exhibit 141: Newgen Software Technologies Ltd. - Product / Service
              • Exhibit 142: Newgen Software Technologies Ltd. - Key offerings
            • 12.12 Nucleus Software Exports Ltd.
              • Exhibit 143: Nucleus Software Exports Ltd. - Overview
              • Exhibit 144: Nucleus Software Exports Ltd. - Key offerings
            • 12.13 Pegasystems Inc.
              • Exhibit 145: Pegasystems Inc. - Overview
              • Exhibit 146: Pegasystems Inc. - Product / Service
              • Exhibit 147: Pegasystems Inc. - Key news
              • Exhibit 148: Pegasystems Inc. - Key offerings
            • 12.14 Sigma Infosolutions
              • Exhibit 149: Sigma Infosolutions - Overview
              • Exhibit 150: Sigma Infosolutions - Product / Service
              • Exhibit 151: Sigma Infosolutions - Key offerings
            • 12.15 Tavant
              • Exhibit 152: Tavant - Overview
              • Exhibit 153: Tavant - Product / Service
              • Exhibit 154: Tavant - Key offerings
            • 12.16 Temenos AG
              • Exhibit 155: Temenos AG - Overview
              • Exhibit 156: Temenos AG - Business segments
              • Exhibit 157: Temenos AG - Key news
              • Exhibit 158: Temenos AG - Key offerings
              • Exhibit 159: Temenos AG - Segment focus
            • 12.17 Vista Equity Partners Management LLC
              • Exhibit 160: Vista Equity Partners Management LLC - Overview
              • Exhibit 161: Vista Equity Partners Management LLC - Product / Service
              • Exhibit 162: Vista Equity Partners Management LLC - Key news
              • Exhibit 163: Vista Equity Partners Management LLC - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 164: Inclusions checklist
                • Exhibit 165: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 166: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 167: Research methodology
                • Exhibit 168: Validation techniques employed for market sizing
                • Exhibit 169: Information sources
              • 13.5 List of abbreviations
                • Exhibit 170: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              digital lending market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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