Fintech Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32
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The global fintech market, valued at $187.1 billion in 2023, is expected to grow to $764.4 billion by 2032, driven by the rapid digitization of the banking and financial services industry and increased adoption of digital payment solutions. Key fintech offerings include mobile payment apps, robo-advisors, and blockchain solutions that enhance efficiency and customer accessibility. The market growth is supported by technological advancements such as artificial intelligence for fraud detection and collaborations between financial institutions and regulators.
Fintech Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32
- 1. Global Fintech Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved
- 2. About IMARC Group International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
- 3. Report Highlight and Description According to the latest report by IMARC Group, titled "Fintech Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024- 2032," the global fintech market size reached US$ 187.1 Billion in 2023. Fintech includes the intersection of financial services and technology that utilizes advanced algorithms and data analysis to provide innovative solutions in the financial industry. These services include mobile payment apps, robo- advisors, and blockchain-based solutions. Fintech also employs automated processes and artificial intelligence (AI) to deliver personalized services to customers, such as customized investment portfolios, real-time risk assessments, and instant credit approvals. It consists of mobile payment solutions, peer-to-peer lending, online wealth management, and cryptocurrency and aims to provide customers with more accessible and affordable financial services. Fintech offers numerous advantages, including increased efficiency, cost reduction, and accessibility. When compared with traditional financial institutions, these companies are more agile, offer enhanced risk management and cost-effectiveness, and can adapt to changes in the market more quickly. Currently, payment and money transfer services, lending platforms, investment and wealth management platforms, and blockchain-based solutions are some of the common fintech solution types available in the market. Request for a PDF sample of this report: https://www.imarcgroup.com/fintech -market/requestsample
- 4. Report Description Global Fintech Market Trends: The rapid digitization of the expanding banking, financial services, and insurance (BFSI) industry across the globe and the increasing need to transform traditional baking systems represent some of the key factors contributing to a positive outlook for the market. In line with this, the surging adoption of digital payment solutions, such as request to pay, digital currencies, e-wallets, and buy now, pay later services (BNPL), supported by the implementation of umpteen government programs to expand the fintech sector, are acting as other growth- inducing factor. Additionally, the increasing awareness regarding the advantages of fintech solutions, such as enhancing productivity and customer retention through the provision of speed and convenience, are favoring the market growth. Besides this, the widespread adoption of technology in processing large volumes of data, thus enhancing efficiency and minimizing human errors, is providing an impetus to the market growth. This is further supported by the integration of artificial intelligence (AI) with fintech solutions to facilitate fraud detection in digital banking channels. Moreover, the surging collaboration between financial institutions and national regulators and burgeoning investments in research and development (R&D) activities are propelling the market growth. Looking forward, the market value is projected to reach US$ 764.4 Billion by 2032, expanding at a CAGR of 17% during 2024-2032. View Report TOC, Figures and Tables: https://www.imarcgroup.com/fintech-market
- 5. Report Segmentation Breakup by Deployment Mode: • On-premises • Cloud-based Breakup by Technology: • Application Programming Interface • Artificial Intelligence • Blockchain • Robotic Process Automation • Data Analytics • Others Breakup by Application: • Payment and Fund Transfer • Loans
- 6. Report Segmentation • Insurance and Personal Finance • Wealth Management • Others Breakup by End User: • Banking • Insurance • Securities • Others Breakup by Region: • North America • Asia-Pacific • Europe • Latin America • Middle East and Africa
- 7. Competitive Landscape with Key Players • Adyen N.V. • Afterpay Limited (Block Inc.) • Avant LLC • Cisco Systems Inc. • Google Payment Corp. • International Business Machines Corporation • Klarna Bank AB • Microsoft Corporation • Nvidia Corporation • Oracle Corporation • Paypal Holdings, Inc. • Robinhood Markets Inc. • SoFi Technologies Inc • Tata Consultancy Services
- 8. Key Questions Answered in the Report What was the size of the global fintech market in 2023? What is the expected growth rate of the global fintech market during 2024-2032? What are the key factors driving the global fintech market? What has been the impact of COVID-19 on the global fintech market? What is the breakup of the global fintech market based on the deployment mode? What is the breakup of the global fintech market based on the application? What is the breakup of the global fintech market based on the end user? What are the key regions in the global fintech market? Who are the key players/companies in the global fintech market?
- 9. Table of Contents 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Fintech Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Deployment Mode 6.1 On-premises 6.1.1 Market Trends 6.1.2 Mark et Forecast 6.2 Cloud-based 6.2.1 Mark et Trends 6.2.2 Mark et Forecast 7 Market Breakup by Technology 7.1 Application Programming Interface 7.1.1 Mark et Trends 7.1.2 Mark et Forecast
- 10. Table of Contents 7.2 Artificial Intelligence 7.2.1 Mark et Trends 7.2.2 Mark et Forecast 7.3 Blockchain 7.3.1 Mark et Trends 7.3.2 Mark et Forecast 7.4 Robotic Process Automation 7.4.1 Mark et Trends 7.4.2 Mark et Forecast 7.5 Data Analytics 7.5.1 Mark et Trends 7.5.2 Mark et Forecast 7.6 Others 7.6.1 Mark et Trends 7.6.2 Mark et Forecast 8 Market Breakup by Application 8.1 Payment and Fund Transfer 8.1.1 Mark et Trends 8.1.2 Market Forecast 8.2 Loans 8.2.1 Mark et Trends 8.2.2 Mark et Forecast 8.3 Insurance and Personal Finance 8.3.1 Mark et Trends 8.3.2 Mark et Forecast 8.4 W ealth Management 8.4.1 Mark et Trends 8.4.2 Market Forecast For more information, visit : https://www.imarcgroup.com/fintech -market/toc
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