Market Overview:
The global alternative finance market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for alternative financing options by individuals, enterprises, and association organizations. In addition, the growing awareness about the benefits of using alternative finance solutions is also contributing to the market growth. The global alternative finance market can be segmented on the basis of type into P2P lending, crowdfunding, invoice trading, and others. The P2P lending segment is expected to account for a major share of the global alternative finance market in 2018. This segment is projected to grow at a CAGR of XX% during the forecast period from 2018 to 2030.
Product Definition:
Alternative finance is the provision of finance outside of the traditional banking system. It can include peer-to-peer lending, invoice financing, crowdfunding and other methods. Alternative finance is important because it provides a way for businesses to get funding when they cannot get it from banks. This can be due to a lack of credit history or because the business is in a high-risk industry.
P2P Lending:
The global P2P lending market is expected to witness significant growth over the forecast period owing to several benefits such as low-cost funding, better risk management and faster loan disbursement. The primary benefit of peer-to-peer (P2P) lending is that it eliminates the role of banks in the process. Banks are no longer involved in selecting candidates, determining interest rates or even monitoring compliance with regulations.
Crowdfunding:
Crowdfunding is a form of alternative finance, which involves raising funds from a large number of people, typically via the internet. The term describes various methods for raising capital such as micro-financing, nano-financing and macro-financing. Crowdfunded money can be used to start businesses or to fulfill the funding gaps in businesses that already exist. It can also be used by new business owners to acquire essential assets like inventory and equipment.
Application Insights:
The application segment has been further categorized into individual, enterprise, association organization and others. The individual segment includes loans taken by individuals for various purposes including purchasing a house/flat, education payments and personal needs such as clothes and gadgets. The crowdfunded projects mainly include projects related to the arts, science & technology as well as charity which have raised more than USD 1 billion through online funding platforms since the launch of Kickstarter in 2009.
The enterprise segment comprises small scale enterprises (SMEs) that usually lack access to conventional sources of capital such as banks due to their remote locations or because they are new on the market without sufficient credit history or track record. SMEs can take advantage of alternative finance options provided by P2P lending platforms where investors pool money together from different sources to lend it to these businesses who then pay back the invested amount with interest over a period of time according to its ability to repay debtors based on its revenue generating capacity.
Regional Analysis:
Asia Pacific is estimated to be the fastest-growing regional market over the forecast period. The region’s growth can be attributed to increasing internet penetration and rising adoption of mobile phones. According to GSMA, it is estimated that there are 1.9 billion internet users in Asia Pacific and this number is expected reach 2.7 billion by 2025.
The European alternative finance industry has been growing steadily since 2014 as several players have entered into new markets with an aim toward gaining a competitive edge or expanding their customer base while simultaneously reducing overall operating costs through cost reduction initiatives such as shared services centers (SSC).
Growth Factors:
- Increased acceptance of online and mobile payments by consumers.
- Proliferation of new technologies, such as blockchain and artificial intelligence, that can be used to improve the efficiency and security of alternative finance platforms.
- Rising demand from small businesses for financing options that are faster, easier to use, and more affordable than traditional bank loans.
- Growing interest among institutional investors in alternative finance products as a way to diversify their portfolios and generate higher returns than traditional investments vehicles offer.
Scope Of The Report
Report Attributes
Report Details
Report Title
Alternative Finance Market Research Report
By Type
P2P Lending, Crowdfunding, Invoice Trading, Others
By Application
Individual, Enterprise, Association Organization, Others
By Companies
Upstart, Funding Circle, Prosper Marketplace, LendingClub, MarketInvoice, CircleBack Lending, Peerform, Zopa, Mintos, Lendix, RateSetter, SoFi, BorrowersFirst
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Alternative Finance Market Report Segments:
The global Alternative Finance market is segmented on the basis of:
Types
P2P Lending, Crowdfunding, Invoice Trading, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Individual, Enterprise, Association Organization, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Upstart
- Funding Circle
- Prosper Marketplace
- LendingClub
- MarketInvoice
- CircleBack Lending
- Peerform
- Zopa
- Mintos
- Lendix
- RateSetter
- SoFi
- BorrowersFirst
Highlights of The Alternative Finance Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- P2P Lending
- Crowdfunding
- Invoice Trading
- Others
- By Application:
- Individual
- Enterprise
- Association Organization
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Alternative Finance Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Alternative finance is a term used to describe financing methods that are not typically found in the traditional banking system. These methods can include crowdfunding, peer-to-peer lending, and leasing.
Some of the major companies in the alternative finance market are Upstart, Funding Circle, Prosper Marketplace, LendingClub, MarketInvoice, CircleBack Lending, Peerform, Zopa, Mintos, Lendix, RateSetter, SoFi, BorrowersFirst.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Alternative Finance Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Alternative Finance Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Alternative Finance Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Alternative Finance Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Alternative Finance Market Size & Forecast, 2018-2028 4.5.1 Alternative Finance Market Size and Y-o-Y Growth 4.5.2 Alternative Finance Market Absolute $ Opportunity
Chapter 5 Global Alternative Finance Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Alternative Finance Market Size Forecast by Type
5.2.1 P2P Lending
5.2.2 Crowdfunding
5.2.3 Invoice Trading
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Alternative Finance Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Alternative Finance Market Size Forecast by Applications
6.2.1 Individual
6.2.2 Enterprise
6.2.3 Association Organization
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Alternative Finance Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Alternative Finance Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Alternative Finance Analysis and Forecast
9.1 Introduction
9.2 North America Alternative Finance Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Alternative Finance Market Size Forecast by Type
9.6.1 P2P Lending
9.6.2 Crowdfunding
9.6.3 Invoice Trading
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Alternative Finance Market Size Forecast by Applications
9.10.1 Individual
9.10.2 Enterprise
9.10.3 Association Organization
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Alternative Finance Analysis and Forecast
10.1 Introduction
10.2 Europe Alternative Finance Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Alternative Finance Market Size Forecast by Type
10.6.1 P2P Lending
10.6.2 Crowdfunding
10.6.3 Invoice Trading
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Alternative Finance Market Size Forecast by Applications
10.10.1 Individual
10.10.2 Enterprise
10.10.3 Association Organization
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Alternative Finance Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Alternative Finance Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Alternative Finance Market Size Forecast by Type
11.6.1 P2P Lending
11.6.2 Crowdfunding
11.6.3 Invoice Trading
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Alternative Finance Market Size Forecast by Applications
11.10.1 Individual
11.10.2 Enterprise
11.10.3 Association Organization
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Alternative Finance Analysis and Forecast
12.1 Introduction
12.2 Latin America Alternative Finance Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Alternative Finance Market Size Forecast by Type
12.6.1 P2P Lending
12.6.2 Crowdfunding
12.6.3 Invoice Trading
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Alternative Finance Market Size Forecast by Applications
12.10.1 Individual
12.10.2 Enterprise
12.10.3 Association Organization
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Alternative Finance Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Alternative Finance Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Alternative Finance Market Size Forecast by Type
13.6.1 P2P Lending
13.6.2 Crowdfunding
13.6.3 Invoice Trading
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Alternative Finance Market Size Forecast by Applications
13.10.1 Individual
13.10.2 Enterprise
13.10.3 Association Organization
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Alternative Finance Market: Competitive Dashboard
14.2 Global Alternative Finance Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Upstart
14.3.2 Funding Circle
14.3.3 Prosper Marketplace
14.3.4 LendingClub
14.3.5 MarketInvoice
14.3.6 CircleBack Lending
14.3.7 Peerform
14.3.8 Zopa
14.3.9 Mintos
14.3.10 Lendix
14.3.11 RateSetter
14.3.12 SoFi
14.3.13 BorrowersFirst