Peer-to-Peer Lending Market

Low Cost of Operations Drives P2P Lending Market
The unprecedented penetration of internet across the globe that is allowing
borrowers to seek funds is propelling the global peer-to-peer lending (P2P) market.
Technological advancements that are permitting users to have a smooth access to
interfaces that offer quick updates is also augmenting this market. The research
report published by Transparency Market Research states that the opportunity in the
global P2P lending market was worth US$26.16 bn in 2015. Analysts predict that the
market valuation will reach US$897.85 bn by 2024, as it expands at a significant
CAGR of 48.2% from 2016 to 2024.
The growth of the global P2P market is mainly being driven by growing
advancements in technology that is encouraging potential consumers and existing
players to make quick decisions. The low cost of operations is also supporting the
growth of this market in comparison to the growth rate of conventional money
lending institutions. Additionally, increasing student population is also propelling the
global P2P lending market as a majority of the students seek loans at cheaper
interest rates than what is offered by traditional money lenders. However, the risk
of investors losing their money due to defaults on repayment is likely to have a
severe impact on the growth of this market.
Obtain Report Details @
www.transparencymarketresearch.com/peer-to-peer-lending-market.html
Easy Access to Funds Makes P2P Lending a Popular Choice
The long-drawn process of securing loans has paved the way for global P2P lending
market as it ironed out the creases of seeking funds in more ways than one. This is
the single most important factor lure small businesses towards opting for P2P
systems of borrowing and lending. The strict regulatory framework, complicated
compliance structure, and the hefty overheads have all made small business
owners, entrepreneurs, and startups lean towards P2P market. As new businesses
emerge, they are likely to drive the global P2P lending market to a brighter future in
the coming years.
This 98-page report gives readers a comprehensive overview of the Peerto-Peer
Lending Market. Browse to unlock the hidden opportunities in this
market
http://www.transparencymarketresearch.com/sample/sample.php?
flag=B&rep_id=10835
Small Businesses to Ensure Rapid Growth of P2P Lending in Asia Pacific

As of 2015, North America held a dominant position in the P2P market, accounting
for over 43% share in the overall market. The reducing interest in conventional
banking, increasing dependency on online platforms, and recent history of financial
crisis in this region has prompted P2P lending market to take lead cater to the
unmet financial demands of the population. Meanwhile, the P2P lending market is
estimated to show rapid progress in Asia Pacific. The emerging economies of China,
India, Japan, and Australia will make a significant contribution to the rise of this
market in Asia Pacific. The primary growth driver for this region will also be small
businesses that will seek financial alternatives to fund their projects.
Some of the key players in the global P2P lending market are Daric Inc.,
LendingClub Corporation, CommonBond Inc., Prosper Marketplace, Inc., Upstart
Network Inc., CircleBack Lending, Inc., Funding Circle Limited, Peerform, and Social
Finance Inc., Pave, Inc. Research suggests have the rising number of small
businesses are offer great many growth opportunities to the global P2P market to
grow and flourish in the coming years.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend of
quantitative forecasting and trends analysis provides forward-looking insight for
thousands of decision makers. We have an experienced team of Analysts,
Researchers, and Consultants, who us e proprietary data sources and various tools
and techniques to gather, and analyze information. Our business offerings represent
the latest and the most reliable information indispensable for businesses to sustain
a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as
pharmaceuticals, chemical, energy, food & beverages, semiconductors, meddevices,
consumer goods and technology. These reports provide in-depth analysis
and deep segmentation to possible micro levels. With wider scope and stratified
research methodology, our syndicated reports thrive to provide clients to serve their
overall research requirement.
Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com