Connect with us

Uncategorized

Alternative finance market size to grow by USD 176.15 billion from 2020 to 2025; A descriptive analysis of customer landscape, vendor assessment, and market dynamics – Technavio

Alternative finance market size to grow by USD 176.15 billion from 2020 to 2025; A descriptive analysis of customer landscape, vendor assessment, and market dynamics – Technavio
PR Newswire
NEW YORK, Jan. 16, 2023

NEW YORK, Jan. 16, 2023 /PRNewswir…

Published

1 year ago

on

Alternative finance market size to grow by USD 176.15 billion from 2020 to 2025; A descriptive analysis of customer landscape, vendor assessment, and market dynamics - Technavio

PR Newswire

NEW YORK, Jan. 16, 2023

NEW YORK, Jan. 16, 2023 /PRNewswire/ -- The global alternative finance market size is estimated to increase by USD 176.15 billion from 2020 to 2025. The market's growth momentum will be progressing at a CAGR of 10% during the forecast period. Discover some insights on market size before buying the full report - Request a sample report

Alternative finance market - Customer Landscape

To help companies evaluate and develop growth strategies, the report outlines –

  • Key purchase criteria
  • Adoption rates
  • Adoption lifecycle
  • Drivers of price sensitivity
  • Get detailed insights into the market study. Buy the report!
Alternative finance market – Vendor Analysis

Vendor Landscape - The global alternative finance market is fragmented, with the presence of several global as well as regional vendors. The market is witnessing a significant level of competition among global and regional vendors that provide solutions as well as services for alternative finance. Global players have established themselves in the market and are offering innovative solutions as well as services to clients worldwide. These players are also focusing on expanding their customer base across the world. Hence, regional players are finding it difficult to establish themselves in the market and compete with established vendors in terms of brand and reliability.

A few prominent vendors that offer alternative finance in the market are CircleUp Network Inc.,  Crowdfunder Ltd., Fundable LLC, Funding Circle Holdings Plc, Fundrise LLC, GoFundMe Inc., Indiegogo Inc., Kickstarter PBC, LendingClub Corp., and Patreon Inc. and others.

Vendor Offerings -
  • CircleUp Network Inc. - The company offers credit loans to businesses.
  • Crowdfunder Ltd. - The company offers crowdfunding solutions to individuals and institutional investors.
  • Fundable LLC - The company offers a crowdfunding platform to its customers.
  • Funding Circle Holdings Plc - The company offers a line of solutions for alternative finance including P2P lending and crowdfunding.
Alternative finance market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on type (P2P lending, crowdfunding, and invoice trading) and geography (APAC, North America, Europe, South America, and MEA).

  • The alternative finance market share growth by the P2P lending segment will be significant during the forecast period. In this model, investors provide loans to businesses, SMEs, and startups to set up or run their operations. Many SMEs have started using P2P lending platforms over recent five years as securing loans from banks has become difficult, and overdraft limits have been reduced in several countries. In addition, the rise in the number of online consumer lending platforms and the increasing use of technology in financial transactions are driving the growth of the segment.

Geography Overview
By geography, the global alternative finance market is segmented into APAC, North America, Europe, South America, and MEA. The report provides actionable insights and estimates the contribution of all regions to the growth of the global alternative finance market.

  • APAC will account for 73% of the market growth during the forecast period. Factors such as the increasing penetration of the Internet and smartphones, the rapid growth of social media, and the increasing number of SMEs and startups are driving the growth of the alternative finance market in APAC. Also, the rising adoption of online platforms for lending and the presence of global and regional vendors are contributing to the growth of the regional market.

Download a Sample Report

Alternative finance market – Market Dynamics

Leading Drivers – 

The market is driven by better returns offered by alternative finance. Compared to fixed deposits and bonds offered by financial institutions, alternative finance provides better returns. This is due to the lower operating cost of alternative finance compared with banks and other financial institutions. Alternative finance platforms have almost no physical assets such as offices and have low human resource and operating costs, low cost of capital acquisition, and low collection and billing costs. Also, since all transactions in alternative finance take place online, investors gain better returns. Such high returns offered by alternative finance platforms are driving the growth of the market in focus.

Key Trends – 

The rapid growth of alternative finance in APAC is identified as the key trend in the market. The demand for alternative financing is increasing in APAC due to a rise in the number of startups and SMEs in the region. For instance, by the end of 2018, the number of SMEs in China was approximately 18.07 million. Similarly, as of March 2020, there were 63.3 million SMEs present across India. This rise in the number of SMEs is creating significant opportunities for vendors operating in the region. Alternative finance solutions and service providers are helping SMEs by strengthening their access to credit and equity. In addition, rising internet penetration and the increasing use of smartphones are driving the growth of the global alternative finance market.

Major challenges – 

The high risk of credit default is one of the key challenges hindering the growth of the market. Many borrowers do not qualify for loans from traditional financial institutions as the chance of defaulting is high. This discourages many financers from investing in alternative finance, which may force alternative finance providers to decline borrowers or charge a higher rate of interest. These factors are reducing the growth potential in the market.

Driver, Trend, and Challenges are the factors of market dynamics that state about consequences & sustainability of the businesses, find some insights from a sample report!

What are the key data covered in this alternative finance market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the alternative finance market between 2021 and 2025
  • Precise estimation of the size of the alternative finance market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the alternative finance market industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of alternative finance market vendors

Gain instant access to 17,000+ market research reports. 
Technavio's SUBSCRIPTION platform

Related Reports:
  • The trade finance market size is expected to increase by USD 12.20 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.38%. The growing number of exports is notably driving the trade finance market growth, although factors such as the impact due to trade war may impede the market growth.
  • The home equity lending market is estimated to grow at a CAGR of 3.81% between 2022 and 2027. The size of the market is forecast to increase by USD 35,535.04 million. The massive increase in home prices is notably driving the market growth, although factors such as the fear of losing property may impede the market growth.

Alternative Finance Market Scope

Report Coverage

Details

Page number

117

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 10%

Market growth 2021-2025

USD 176.15 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.95

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 73%

Key countries

China, US, UK, Germany, and Indonesia

Competitive landscape

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

Key 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 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.

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.

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
  • 3.3 Market size 2020
  • 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

  • 5.1 Market segments
  • 5.2 Comparison 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

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Market trends

9 Vendor Landscape

  • 9.1 Vendor landscape
  • 9.2 Landscape disruption
  • 9.3 Competitive scenario

10 Vendor Analysis

  • 10.1 Vendors covered
  • 10.2 Market positioning of vendors
  • 10.3 CircleUp Network Inc.
  • 10.4 Crowdfunder Ltd.
  • 10.5 Fundable LLC
  • 10.6 Funding Circle Holdings Plc
  • 10.7 Fundrise LLC
  • 10.8 GoFundMe Inc.
  • 10.9 Indiegogo Inc.
  • 10.10 Kickstarter PBC
  • 10.11 LendingClub Corp.
  • 10.12 Patreon Inc.

11 Appendix

  • 11.1 Scope of the report
  • 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: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/alternative-finance-market-size-to-grow-by-usd-176-15-billion-from-2020-to-2025-a-descriptive-analysis-of-customer-landscape-vendor-assessment-and-market-dynamics---technavio-301720077.html

SOURCE Technavio

Read More

Related Topics:
Continue Reading

Uncategorized

One more airline cracks down on lounge crowding in a way you won’t like

Qantas Airways is increasing the price of accessing its network of lounges by as much as 17%.

Published

8 hours ago

on

March 19, 2024

By

Over the last two years, multiple airlines have dealt with crowding in their lounges. While they are designed as a luxury experience for a small subset of travelers, high numbers of people taking a trip post-pandemic as well as the different ways they are able to gain access through status or certain credit cards made it difficult for some airlines to keep up with keeping foods stocked, common areas clean and having enough staff to serve bar drinks at the rate that customers expect them.

In the fall of 2023, Delta Air Lines  (DAL)  caught serious traveler outcry after announcing that it was cracking down on crowding by raising how much one needs to spend for lounge access and limiting the number of times one can enter those lounges.

Related: Competitors pushed Delta to backtrack on its lounge and loyalty program changes

Some airlines saw the outcry with Delta as their chance to reassure customers that they would not raise their fees while others waited for the storm to pass to quietly implement their own increases.

A photograph captures a Qantas Airways lounge in Sydney, Australia.

Shutterstock

This is how much more you'll have to pay for Qantas lounge access

Australia's flagship carrier Qantas Airways  (QUBSF)  is the latest airline to announce that it would raise the cost accessing the 24 lounges across the country as well as the 600 international lounges available at airports across the world through partner airlines.

More Travel:

Unlike other airlines which grant access primarily after reaching frequent flyer status, Qantas also sells it through a membership — starting from April 18, 2024, prices will rise from $600 Australian dollars ($392 USD)  to $699 AUD ($456 USD) for one year, $1,100 ($718 USD) to $1,299 ($848 USD) for two years and $2,000 AUD ($1,304) to lock in the rate for four years.

Those signing up for lounge access for the first time also currently pay a joining fee of $99 AUD ($65 USD) that will rise to $129 AUD ($85 USD).

The airline also allows customers to purchase their membership with Qantas Points they collect through frequent travel; the membership fees are also being raised by the equivalent amount in points in what adds up to as much as 17% — from 308,000 to 399,900 to lock in access for four years.

Airline says hikes will 'cover cost increases passed on from suppliers'

"This is the first time the Qantas Club membership fees have increased in seven years and will help cover cost increases passed on from a range of suppliers over that time," a Qantas spokesperson confirmed to Simple Flying. "This follows a reduction in the membership fees for several years during the pandemic."

The spokesperson said the gains from the increases will go both towards making up for inflation-related costs and keeping existing lounges looking modern by updating features like furniture and décor.

While the price increases also do not apply for those who earned lounge access through frequent flyer status or change what it takes to earn that status, Qantas is also introducing even steeper increases for those renewing a membership or adding additional features such as spouse and partner memberships.

In some cases, the cost of these features will nearly double from what members are paying now.

Read More

Continue Reading

Uncategorized

Star Wars icon gives his support to Disney, Bob Iger

Disney shareholders have a huge decision to make on April 3.

Published

9 hours ago

on

March 19, 2024

By

Disney's  (DIS)  been facing some headwinds up top, but its leadership just got backing from one of the company's more prominent investors.

Star Wars creator George Lucas put out of statement in support of the company's current leadership team, led by CEO Bob Iger, ahead of the April 3 shareholders meeting which will see investors vote on the company's 12-member board.

"Creating magic is not for amateurs," Lucas said in a statement. "When I sold Lucasfilm just over a decade ago, I was delighted to become a Disney shareholder because of my long-time admiration for its iconic brand and Bob Iger’s leadership. When Bob recently returned to the company during a difficult time, I was relieved. No one knows Disney better. I remain a significant shareholder because I have full faith and confidence in the power of Disney and Bob’s track record of driving long-term value. I have voted all of my shares for Disney’s 12 directors and urge other shareholders to do the same."

Related: Disney stands against Nelson Peltz as leadership succession plan heats up

Lucasfilm was acquired by Disney for $4 billion in 2012 — notably under the first term of Iger. He received over 37 million in shares of Disney during the acquisition.

Lucas' statement seems to be an attempt to push investors away from the criticism coming from The Trian Partners investment group, led by Nelson Peltz. The group, owns about $3 million in shares of the media giant, is pushing two candidates for positions on the board, which are Peltz and former Disney CFO Jay Rasulo.

HOLLYWOOD, CALIFORNIA - JUNE 14: George Lucas attends the Los Angeles Premiere of LucasFilms' "Indiana Jones and the Dial of Destiny" at Dolby Theatre on June 14, 2023 in Hollywood, California. (Photo by Axelle/Bauer-Griffin/FilmMagic)

Axelle/Bauer-Griffin/Getty Images

Peltz and Co. have called out a pair of Disney directors — Michael Froman and Maria Elena Lagomasino — for their lack of experience in the media space.

Related: Women's basketball is gaining ground, but is March Madness ready to rival the men's game?

Blackwells Capital is also pushing three of its candidates to take seats during the early April shareholder meeting, though Reuters has reported that the firm has been supportive of the company's current direction.

Disney has struggled in recent years amid the changes in media and the effects of the pandemic — which triggered the return of Iger at the helm in late 2022. After going through mass layoffs in the spring of 2023 and focusing on key growth brands, the company has seen a steady recovery with its stock up over 25% year-to-date and around 40% for the last six months.

Related: Veteran fund manager picks favorite stocks for 2024

Read More

Continue Reading

Uncategorized

Another airline is making lounge fees more expensive

Qantas Airways is increasing the price of accessing its network of lounges by as much as 17%.

Published

11 hours ago

on

March 19, 2024

By

Over the last two years, multiple airlines have dealt with crowding in their lounges. While they are designed as a luxury experience for a small subset of travelers, high numbers of people taking a trip post-pandemic as well as the different ways they are able to gain access through status or certain credit cards made it difficult for some airlines to keep up with keeping foods stocked, common areas clean and having enough staff to serve bar drinks at the rate that customers expect them.

In the fall of 2023, Delta Air Lines  (DAL)  caught serious traveler outcry after announcing that it was cracking down on crowding by raising how much one needs to spend for lounge access and limiting the number of times one can enter those lounges.

Related: Competitors pushed Delta to backtrack on its lounge and loyalty program changes

Some airlines saw the outcry with Delta as their chance to reassure customers that they would not raise their fees while others waited for the storm to pass to quietly implement their own increases.

A photograph captures a Qantas Airways lounge in Sydney, Australia.

Shutterstock

This is how much more you'll have to pay for Qantas lounge access

Australia's flagship carrier Qantas Airways  (QUBSF)  is the latest airline to announce that it would raise the cost accessing the 24 lounges across the country as well as the 600 international lounges available at airports across the world through partner airlines.

More Travel:

Unlike other airlines which grant access primarily after reaching frequent flyer status, Qantas also sells it through a membership — starting from April 18, 2024, prices will rise from $600 Australian dollars ($392 USD)  to $699 AUD ($456 USD) for one year, $1,100 ($718 USD) to $1,299 ($848 USD) for two years and $2,000 AUD ($1,304) to lock in the rate for four years.

Those signing up for lounge access for the first time also currently pay a joining fee of $99 AUD ($65 USD) that will rise to $129 AUD ($85 USD).

The airline also allows customers to purchase their membership with Qantas Points they collect through frequent travel; the membership fees are also being raised by the equivalent amount in points in what adds up to as much as 17% — from 308,000 to 399,900 to lock in access for four years.

Airline says hikes will 'cover cost increases passed on from suppliers'

"This is the first time the Qantas Club membership fees have increased in seven years and will help cover cost increases passed on from a range of suppliers over that time," a Qantas spokesperson confirmed to Simple Flying. "This follows a reduction in the membership fees for several years during the pandemic."

The spokesperson said the gains from the increases will go both towards making up for inflation-related costs and keeping existing lounges looking modern by updating features like furniture and décor.

While the price increases also do not apply for those who earned lounge access through frequent flyer status or change what it takes to earn that status, Qantas is also introducing even steeper increases for those renewing a membership or adding additional features such as spouse and partner memberships.

In some cases, the cost of these features will nearly double from what members are paying now.

Read More

Continue Reading

Trending