1. Market Research
  2. > Financial Services
  3. > Fintech Market Trends
Global Fintech Market - Growth, Trends and Forecast (2019 - 2024)

Global Fintech Market - Growth, Trends and Forecast (2019 - 2024)

  • April 2019
  • 197 pages
  • ID: 5778462
  • Format: PDF
  • By Mordor Intelligence LLP

Summary

Table of Contents

Search Inside

Market Overview
The Global fintech market’s transactional value’s CAGR is 8.6% over the forecast period of 2019-2024.

A large majority of global banks, insurers, and investment managers are planning to partner with financial technology companies over the next 3-5 years, and expect a 20% average return on investment on their innovation projects.
Infrastructure-based technology, through platformification and open application programming interfaces (APIs), is reshaping the future of the financial services industry, while the operational advancements offered by robotic process automation (RPA), chatbots, and Distributed Ledger Technology (DLT) are enabling greater agility, efficiency, and accuracy.
Through innovative use of technologies, financial technology companies are delivering low-cost personalized products, which has a significant impact on the rising customer expectations, along with mounting pressure on traditional firms.

Scope of the Report
An understanding of the present status of the global fintech market, along with detailed market segmentation
Current market trends, changes in market dynamics, and growth opportunities
In-depth analysis of the market size and forecast for the various segments

Key Market Trends
Booming Digital Payments sector

Total transaction value in the digital payments segment amounted to USD 3,403,168 million in 2018.
Total transaction value is expected to register an annual growth rate (CAGR 2019-2024) of 13.2% by 2024.
The market’s largest segment is digital commerce, which amounted to a total transaction value of USD 2,875,5.7 million in 2018.
Growing Personal Finance sector

The market’s largest segment is Robo-Advisors segment
From a global comparison perspective, it is shown that the highest cumulated transaction value was achieved in the United States

Competitive Landscape
The report includes an overview of the major international players operating in the market studied. Currently, some of the major players dominating the market studied, in terms of market share, include

ZhongAn (China)

Avant (United States)

Atom Bank (United Kingdom)

Oscar (United States)

Wealthfront (United States)

Qufenqi (China)

Ant Financial

Affirm

Credit Karma

Adeyn

Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client’s requirements
- 3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
10% Off

($4250)

  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
2019 IDC Financial Insights FinTech Rankings: Analysis  and Trends

2019 IDC Financial Insights FinTech Rankings: Analysis and Trends

  • $ 4500
  • September 2019

This IDC Perspective presents the findings of the 2019 IDC Financial Insights FinTech Rankings. The annual IDC Financial Insights FinTech Rankings program serves the needs of financial institutions worldwide ...

IDC FutureScape: Worldwide Corporate Banking 2020 Predictions

IDC FutureScape: Worldwide Corporate Banking 2020 Predictions

  • $ 4500
  • October 2019

This IDC FutureScape presents the top 10 predictions for the corporate banking industry. Each prediction is shaped by a common set of key drivers that provides a planning tool for technology leaders and ...

FinTech: Investment, Innovation, Ideology and Technology

FinTech: Investment, Innovation, Ideology and Technology

  • $ 5500
  • August 2019

Report Scope:The report focuses on the following categories of fintech products and services, their developers/providers and users - - Consumer banking- Lending and financing- Payments- Financial planning, ...

Fintech - Thematic Research $ 1950 September 2019


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on