Alternative Finance Market Trends and Report 2024

1. Downloaded from: justpaste.it/34bh9 Future Growth of Alternative Finance Market and Analysis 2024 The alternative finance market size has the potential to grow by USD 183.80 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. Get Sample of the Report: https://www.technavio.com/talk-to-us? report=IRTNTR44221&type=sample&src=report This report provides a detailed analysis of the market by type (P2P lending, crowdfunding, and invoice trading) and geography (APAC, North America, Europe, South America, and MEA). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including CircleUp Network Inc., Crowdfunder Inc., Fundable LLC, Funding Circle Holdings plc, Fundrise LLC, GoFundMe Inc., Indiegogo Inc., Kickstarter PBC, LendingClub Corp., and Patreon Inc. Market Competitive Analysis The market is fragmented. The key vendors in the market are focusing on M&A activities to increase their market shares. CircleUp Network Inc., Crowdfunder Inc., and Fundable LLC are some of the major market participants. Although the emergence of social media associated with growing digital connectivity will offer immense growth opportunities, the high risk of credit default will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. To help clients improve their market position, this alternative finance market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this alternative finance market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. Alternative Finance Market: Key Drivers and Trends The decline in organized financial institutions’ willingness to lend to SMEs has emerged as the crucial factor driving the global alternative finance market growth. Driven by the effects of the 2008 recession, organized financial institutions have turned reluctant to offer loans to individuals and SMEs. The lack of credit history, collateral guarantee, and organized business landscape make it difficult for SMEs to access loans and has led to the emergence of alternative finance. Additionally, stringent lending regulations, especially to high-risk ventures and start-ups, have increased the need for alternative finance. The exceptional growth in Asia is a key alternative finance market trend, which is expected to continue during the forecast period. Many SMEs in China, Hong Kong, Indonesia, Malaysia, the Philippines, and India lack access to traditional financing sources and are turning to alternative financial services and platforms. China has emerged as

2. the largest alternative finance market, driven by government support for online platforms to cater to SMEs and marginalized sectors. The alternative finance market analysis report predicts that the market will register a CAGR of almost 10% during the forecast period. Alternative Finance Market: Key Highlights of the Report for 2020- 2024 CAGR of the market during the forecast period 2020-2024 Detailed information on factors that will drive alternative finance market growth during the next five years Precise estimation of the alternative finance market size and its contribution to the parent market Accurate predictions on upcoming trends and changes in consumer behavior The growth of the alternative finance industry across APAC, North America, Europe, South America, and MEA A thorough analysis of the market’s competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of alternative finance market vendors We can help! Our analysts can customize this report to meet your requirements. Get in touchAlternative Finance Market: Key Highlights of the Report for 2020-2024CAGR of the market during the forecast period 2020- 2024Detailed information on factors that will drive alternative finance market growth during the next five yearsPrecise estimation of the alternative finance market size and its contribution to the parent marketAccurate predictions on upcoming trends and changes in consumer behaviorThe growth of the alternative finance industry across APAC, North America, Europe, South America, and MEAA thorough analysis of the market’s competitive landscape and detailed information on vendorsComprehensive details of factors that will challenge the growth of alternative finance market vendorsWe can help! Our analysts can customize this report to meet your requirements. Get in touch