Report on the North America Digital Lending Platform Market (2019-2025) - CAGR of 19% Expected During the Forecast Period - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "North America Digital Lending Platform Market (2019-2025)" report has been added to ResearchAndMarkets.com's offering.
The North America Digital Lending Platform Market is expected to witness market growth of 19% CAGR during the forecast period (2019-2025).
A digital lending platform helps with configurable and responsive approach to mitigate operational, business, and regulatory risks among digital lending organizations. In order to boost market growth, the rising demand for virtual lending platform between financial institutions to reduce operating costs by modernizing operations across all borrowers and lenders is expected.
In addition, growing customer requirements and increasing internet service adoption are also pushing banking, financial services, and insurance companies to migrate to digital business models. This further helps organizations with their channel selection to meet their customer requirements.
In order to accelerate market growth, technological advances such as e-mandates, biometric-enabled encryption, e-signatures, blockchain, artificial intelligence (AI), machine learning, and advanced analytics are expected to reduce fraud. For end-to-end digital platforms, a digital lending platform helps respond to the growing demand among financial institutions for improved customer experience.
The digital lending platform also provides flexibility and acceleration to borrowers and lenders with an omnichannel customer experience. A higher consumer demand and expectation level is also expected to drive the market towards transparent transaction processes.
North America dominated the market in 2018 and the projected period is expected to continue to dominate. This supremacy can be attributed to the involvement of key players, advances in technology, and high demand for end-to-end digital financial solutions.
The financial institutions are digitalizing their services to improve their customer experience due to the existence of a large number of mobile workforces in the region. To separate themselves from competitors, financial institutions in the region are bringing digital technologies significantly into their offerings to retain a significant competitive edge.
Companies Profiled
- Ellie Mae, Inc.
- Fidelity Information Services (FIS), Inc.
- Fiserv, Inc.
- Newgen Software Technologies Limited
- Pegasystems, Inc.
- Roostify, Inc.
- Sigma Infosolutions Ltd.
- Tavant Technologies, Inc.
- Wizni, Inc.
- Temenos AG
-
Abrigo, Inc.
Key Topics Covered:
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Digital Lending Platform Market, by Component
1.4.2 North America Digital Lending Platform Market, by Deployment Type
1.4.3 North America Digital Lending Platform Market, by End User
1.4.4 North America Digital Lending Platform Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2015-2019)
3.3.2 Key Strategic Move: (Collaborations, Partnerships and Agreements : 2019-Sep - 2016-Apr) Leading Players
Chapter 4. North America Digital Lending Platform Market by Component
4.1 North America Digital Lending Platform Solutions Market by Country
4.2 North America Digital Lending Platform Solutions Market by Type
4.2.1 North America Digital Lending Platform Business Process Management Market by Country
4.2.2 North America Digital Lending Platform Loan Origination Market by Country
4.2.3 North America Digital Lending Platform Loan Management Market by Country
4.2.4 North America Digital Lending Platform Risk & Compliance Management Market by Country
4.2.5 North America Digital Lending Platform Lending Analytics Market by Country
4.2.6 North America Other Solutions Type Digital Lending Platform Market by Country
4.3 North America Digital Lending Platform Services Market by Country
4.4 North America Digital Lending Platform Services Market by Type
4.4.1 North America Digital Lending Platform Integration & Deployment Market by Country
4.4.2 North America Digital Lending Platform Training, Education & Consulting Market by Country
4.4.3 North America Digital Lending Platform Support & Maintenance Market by Country
Chapter 5. North America Digital Lending Platform Market by Deployment Mode
5.1 North America On-premise Digital Lending Platform Market by Country
5.2 North America Cloud Digital Lending Platform Market by Country
Chapter 6. North America Digital Lending Platform Market by End User
6.1 North America Banks Digital Lending Platform Market by Country
6.2 North America Insurance Companies Digital Lending Platform Market by Country
6.3 North America Peer-to-Peer Lending Digital Lending Platform Market by Country
6.4 North America Credit Unions Digital Lending Platform Market by Country
6.5 North America Savings & Loan Associations Digital Lending Platform Market by Country
6.6 North America Others Digital Lending Platform Market by Country
Chapter 7. North America Digital Lending Platform Market by Country
7.1 US Digital Lending Platform Market
7.1.1 US Digital Lending Platform Market by Component
7.1.1.1 US Digital Lending Platform Solutions Market by Type
7.1.1.2 US Digital Lending Platform Services Market by Type
7.1.2 US Digital Lending Platform Market by Deployment Mode
7.1.3 US Digital Lending Platform Market by End User
7.2 Canada Digital Lending Platform Market
7.2.1 Canada Digital Lending Platform Market by Component
7.3 Mexico Digital Lending Platform Market
7.3.1 Mexico Digital Lending Platform Market by Component
7.4 Rest of North America Digital Lending Platform Market
7.4.1 Rest of North America Digital Lending Platform Market by Component
Chapter 8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/1yw93a
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