Market Overview:
The global peer to peer (P2P) lending market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for P2P lending from individuals and businesses. In addition, the growing awareness about P2P lending among consumers is also contributing to the growth of this market. The global P2P lending market can be segmented on the basis of type and region. On the basis of type, the global P2P lending market can be divided into on-premise and cloud-based segments. The cloud-based segment is expected to grow at a higher CAGR than the on-premise segment during the forecast period from 2018 to 2030. This growth can be attributed to factors such as lower cost and faster deployment compared with on-premise solutions.
 Lending Industry Outlook.svg)
Product Definition:
Peer-to-peer (P2P) lending is the practice of lending money to individuals or businesses through a P2P platform. P2P platforms are online marketplaces that match lenders with borrowers. Borrowers can typically get lower interest rates than they would from a bank, and lenders can earn higher returns than they would in the stock market.
On-Premise:
On-premise, also known as hosted or cloud on-premise, is a lending platform that uses the web browser as its interface. It allows users to access the platform remotely and offers various benefits such as low operational cost and reduced credit risk. The main aim of this type of service is to provide an easy way for lenders and borrowers to communicate with each other without going through intermediaries such as banks or financial institutions.
Cloud-Based:
Cloud-based is a term used to define any service or application that relies on the internet and uses virtual machines, servers, and network components instead of physical infrastructure. The cloud-based P2P lending market is an online platform where individuals can apply for loans through mobile devices by providing their personal information such as name, address, social security number etc.
Application Insights:
The individuals segment held the largest share of more than 70.0% in 2017. The rising penetration of smartphones, easy access to the internet and growing awareness about online loans are some of the key factors driving this segment. For instance, as per a study by Lending Club Corporation published in December 2017, around 60% to 80%of all U.S based millennials have taken out personal loans from peer-to-peer (P2P) lending platforms such as Lending Club and Prosper Marketplace over the past few years. Similarly, according to a survey conducted by ezTalks found that close to 90%of small business owners have received funding through P2P platforms for working capital needs within one year of launching their businesses in 2015 across 11 European countries including Germany, France and UK among others).
Regional Analysis:
The market in Europe is expected to witness significant growth over the forecast period owing to the presence of prominent players such as RateSetter, Lending Club, and Prosper. The European Commission has proposed a new regulatory framework for P2P lending platforms, which is anticipated to create opportunities for these companies in the region.
Asia Pacific is estimated to be one of the fastest-growing regions over the forecast period owing to increasing internet penetration and rising number of smartphone users. Moreover, growing adoption of cloud-based technologies will also contribute significantly towards regional growth. Increasing awareness regarding peer-to peer financial products among individuals as well as businesses will drive demand further in this region.
Latin America offers tremendous potential due its emerging economy status coupled with increasing internet penetration rates; both across countries as well as within households & businesses (Banks).
Growth Factors:
- Increasing awareness about P2P lending as an investment option:
- Rising interest rates in traditional banking products:
- Growing number of platforms and investors:
- Improved regulatory environment:
- Increased acceptance among borrowers
Scope Of The Report
Report Attributes
Report Details
Report Title
Peer to Peer (P2P) Lending Market Research Report
By Type
On-Premise, Cloud-Based
By Application
Individuals, Businesses
By Companies
Upstart, Funding Circle, Prosper, CircleBack Lending, Peerform, Lending Club, Zopa, Daric, Pave, Mintos, Lendix, RateSetter, Canstar, Faircent
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Peer to Peer (P2P) Lending Market Report Segments:
The global Peer to Peer (P2P) Lending market is segmented on the basis of:
Types
On-Premise, Cloud-Based
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
Individuals, Businesses
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
- CircleBack Lending
- Peerform
- Lending Club
- Zopa
- Daric
- Pave
- Mintos
- Lendix
- RateSetter
- Canstar
- Faircent
 Lending Market Overview.svg)
Highlights of The Peer to Peer (P2P) Lending 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:
- On-Premise
- Cloud-Based
- By Application:
- Individuals
- Businesses
- 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 Peer to Peer (P2P) Lending 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
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- Consumer Insights
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- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Lending Market Statistics.svg)
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?
P2P lending is a type of online lending where borrowers and lenders connect directly. This allows for more direct and transparent communication between the two parties, which can lead to faster decisions and lower rates of interest.
Some of the major companies in the peer to peer (p2p) lending market are Upstart, Funding Circle, Prosper, CircleBack Lending, Peerform, Lending Club, Zopa, Daric, Pave, Mintos, Lendix, RateSetter, Canstar, Faircent.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Peer to Peer (P2P) Lending 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 Peer to Peer (P2P) Lending Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Peer to Peer (P2P) Lending 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 Peer to Peer (P2P) Lending 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 Peer to Peer (P2P) Lending Market Size & Forecast, 2020-2028
4.5.1 Peer to Peer (P2P) Lending Market Size and Y-o-Y Growth
4.5.2 Peer to Peer (P2P) Lending Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 On-Premise
5.2.2 Cloud-Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Individuals
6.2.2 Businesses
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Peer to Peer (P2P) Lending 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 Peer to Peer (P2P) Lending 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 On-Premise
9.6.2 Cloud-Based
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 Market Size Forecast by Applications
9.10.1 Individuals
9.10.2 Businesses
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 On-Premise
10.6.2 Cloud-Based
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 Market Size Forecast by Applications
10.10.1 Individuals
10.10.2 Businesses
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 On-Premise
11.6.2 Cloud-Based
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 Market Size Forecast by Applications
11.10.1 Individuals
11.10.2 Businesses
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 On-Premise
12.6.2 Cloud-Based
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 Market Size Forecast by Applications
12.10.1 Individuals
12.10.2 Businesses
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 On-Premise
13.6.2 Cloud-Based
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) Market Size Forecast by Applications
13.10.1 Individuals
13.10.2 Businesses
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 Peer to Peer (P2P) Lending Market: Competitive Dashboard
14.2 Global Peer to Peer (P2P) Lending 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
14.3.4 CircleBack Lending
14.3.5 Peerform
14.3.6 Lending Club
14.3.7 Zopa
14.3.8 Daric
14.3.9 Pave
14.3.10 Mintos
14.3.11 Lendix
14.3.12 RateSetter
14.3.13 Canstar
14.3.14 Faircent
