The alternative finance market has the potential to grow by 176.15 billion dollars from 2020 to 2025. The growth dynamics of the market will accelerate at a CAGR of 10.18% during this period.
Read the 120-page report with TOC on “Alternative Finance Market Analysis Report by type (P2P loan, crowdfunding and invoice negotiation) and by geography (APAC, North America, Europe, South America, and MEA) Forecast, 2021-2025 “
Drivers and trends
The growth of the alternative finance market is attributed to factors such as the declining willingness of organized financial institutions to lend to SMEs. Due to the effects of the 2008 recession, organized financial institutions have become reluctant to offer loans to individuals and SMEs. Lack of credit history, collateral collateral and organized business landscape make it difficult for SMEs to access loans. It also led to the emergence of alternative finance. Strict credit regulations, especially for high-risk businesses and start-ups, have increased the need for alternative financing.
The exceptional growth of Asia is a key trend in the alternative finance market, which is expected to continue during the forecast period. Many SMEs in China, Hong Kong, Indonesia, Malaysia, The Philippines, and India do not have access to traditional funding sources and prefer alternative financial platforms and services. China has become the largest alternative finance market, thanks to government support for online platforms to meet the needs of SMEs and marginalized sectors.
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Main alternative finance companies:
- CircleUp Network Inc.
- Crowdfunder Ltd.
- Fundable LLC
- Financing Circle Holdings Plc
- Fundrise LLC
- GoFundMe Inc.
- Indiegogo Inc.
- Kickstarter PBC
- LendingClub Corp.
- Patreon Inc.
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Alternative Finance Market Type Outlook (Revenue, USD Billion, 2020-2025)
- P2P loans – size and forecast 2020-2025
- Crowdfunding – size and forecast 2020-2025
- Invoice trading – size and forecast 2020-2025
Geographic Outlook of Alternative Finance Market (Revenue, USD Billion, 2020-2025)
- APAC – size and forecast 2020-2025
- North America – size and forecast 2020-2025
- Europe – size and forecast 2020-2025
- South America – size and forecast 2020-2025
- MEA – size and forecast 2020-2025
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Associated reports:
- Digital Payment Market by Component and Geography – Forecast and Analysis 2022-2026: The digital payment market share is expected to increase by $ 85.12 billion from 2021 to 2026, and the market growth dynamics will slow to a CAGR of 17.41%. Download a free sample report
- Microfinance market by type of institution and geography – Forecast and analysis 2021-2025: Microfinance market share is expected to increase by $ 138.96 billion from 2021 to 2025, and the market growth momentum will accelerate at a CAGR of 14.77%. Download a free sample report
Scope of the alternative finance market |
|
Cover of the report |
Details |
Page number |
120 |
Year of reference |
2020 |
Forecast period |
2021-2025 |
Growth dynamics and CAGR |
Accelerate to a 10% CAGR |
Market growth 2021-2025 |
176.15 billion dollars |
Market structure |
Fragmented |
Annual growth (%) |
7.95 |
Regional analysis |
APAC, North America, Europe, South America and MEA |
Efficient contribution to the market |
73% APAC |
Main consumer countries |
China, United States, United Kingdom, Germany and Indonesia |
Competitive landscape |
Leading companies, competitive strategies, reach of consumer engagement |
Profiled companies |
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 Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period, |
Customization |
If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments. |
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