Global Fintech Market Trends, Application and Regional Forecast to 2025Posted by Sonika on December 14th, 2020 Bharat Book Bureau Provides the Trending Market Research Report on “Global Fintech Market, By Technology (API; AI; Blockchain; Distributed Computing, Others), By Service (Payment; Fund Transfer; Personal Finance; Loans; Insurance; Others), By Application (Banking; Insurance; Securities & Others), By Region, Competition, Forecast & Opportunities, 2025”under Information Technology Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports. Global Fintech Market was valued USD 5504.13 Billion in 2019 and is expected to grow at CAGR of 23.58% during the forecast period. The key factor for the growth of the fintech market includes high investment in technology-based solutions by banks and firms. Moreover, the infrastructure-based technology and APIs are reshaping the future of the financial services industry, thus aiding the growth of global fintech market. Furthermore, financial technology companies are delivering low-cost personalized products on account of emerging developments in the technology sector, leading to rising customer expectations, thereby, boosting the market growth globally. Global fintech market can be segmented based on technology, service, application and regional analysis. Based on technology, the market can be segmented into API, AI, blockchain, distributed computing and others. Among them, artificial intelligence (AI) led in the market in 2019 with share of 38.25% and the trend is likely to continue to through 2025. AI interfaces and chatbots have primarily redefined customer service, and its expanding business will enable AI-oriented fintech market to grow at impressive rate through 2025. Request a free sample copy Fintech Market Report @ Based on region, market is segregated into North America, Europe, South America, Asia-Pacific and Middle East and Africa. Among them, Asia Pacific is the dominant region with share of 49.45% in 2019 and the region is expected to maintain its dominance in the forthcoming years as well which can be attributed to high adoption and development of major technologies involved in the fintech sector in the region. The major players operating in the global fintech market include PayPal Holdings, Inc., Ant Group, Robinhood Markets, Inc., Afterpay Limited, Google Pay (Alphabet Inc.), Paytm (One97 Communications Ltd.), Adyen, Qudian Inc., Nexi SpA, Klarna Bank AB, Social Finance, Inc., and Avant, LLC. Major companies are developing advanced technologies in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions. Years considered for this report: Objective of the Study: Our Research performed both primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of service providers across the globe. Subsequently, Our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our Research could include the service providers which could not be identified due to the limitations of secondary research. Our Research analyzed the service offerings, distribution channels and presence of all major service providers across the globe. Our Research calculated the market size of global fintech market by using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. Our Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these services and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Our Research. Key Target Audience: The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Report Scope: Competitive Landscape Available Customizations: Browse our full report with Table of Content : https://www.bharatbook.com/marketreports/global-fintech-market-by-technology-api-ai-blockchain-distributed-computing-others-by-service-payment-fund-tra/2088907 About Bharat Book Bureau: Contact us at: Like it? Share it!More by this author |