DUBLIN – (COMMERCIAL THREAD) – The “Global FinTech market by technology (API; AI; Blockchain; Distributed computing), by service (payment; fund transfer; personal finance; loans; insurance; wealth management), by application, by mode of deployment, by region, The Competition, Forecast and Opportunity report, 2025 “has been added to ResearchAndMarkets.com offer.
The global FinTech market is expected to grow at a CAGR of around 20% during the forecast period. The market is expected to experience gradual growth and reach a market value of approximately $ 305 billion by 2025.
The main reason for the growth of the financial technology market includes the high investments in technology solutions by banks and companies. Additionally, infrastructure-based technology and APIs are reshaping the future of the financial services industry, thereby contributing to the growth of the global fintech market. In addition, FinTech companies offer customized products at low cost due to the emerging developments in the technology industry leading to increased customer expectations thus boosting the market growth on a global scale.
The global FinTech market can be segmented on the basis of technology, service, application, mode of deployment, and regional analysis. On the basis of technology, the market can be segmented into API, AI, Blockchain, and Distributed Computing. Among them, significant growth is expected to be seen in the fields of artificial intelligence and blockchain over the forecast years. AI interfaces and chatbots have primarily redefined customer service, and its expanding business will allow the AI-driven fintech market to grow at a CAGR of around 21% over the next 5 years.
Based on the region, the market is divided into North America, Europe, South America, Asia-Pacific, Middle East, and Africa. Among them, North America was the main contributor until 2019 and is also expected to maintain its dominance in the years to come, which can be attributed to high adoption and development of the main technologies involved in the tech industry. financial institutions in the region.
The major players operating in the global financial technology market are Robinhood, Ant Financial, Paytm, Shanghai Lujiazui International Financial Asset Exchange, Oscar Insurance Corporation, Credit Karma, Kabbage, Atom Bank, Onfido, Uipath and Microsoft. Large companies develop advanced technologies in order to remain competitive in the market. Other competitive strategies include mergers and acquisitions.
Years considered for this report:
Historical years: 2015-2018
Baseline year: 2019
Estimated year: 2020
Forecast period: 2021-2025
Goal of the study
To analyze and forecast the market size of the Global Fintech Market.
To classify and forecast the Global FinTech Market on the basis of technology, service, application, mode of deployment, and regional distribution.
Identify the drivers and challenges of the global Fintech market.
To examine competitive developments such as extensions, new product launches, mergers & acquisitions, etc., in the Global Fintech Market.
Identify and analyze the profile of the major players operating in the global FinTech market.
Key topics covered
1. Product overview
2. Research methodology
3. Impact of COVID-19 on the Global FinTech Market
4. Executive summary
5. Voice of the customer
6. Global FinTech Market Outlook
6.1. Market size and forecast
6.1.1. By value
6.2. Market share and forecasts
6.2.1. By technology (API; AI; Blockchain; Distributed computing)
6.2.2. By service (payment; transfer of funds; personal finance; loans; insurance; wealth management)
6.2.3. By application (Banking; Insurance; Securities; Others)
6.2.4. By deployment mode (Cloud and on-premise)
6.2.5. By region
6.2.6. By company (2019)
6.3. Product market map
7. North America FinTech Market Outlook
8. Outlook for the European FinTech market
9. Asia-Pacific FinTech Market Outlook
10. Middle East and Africa FinTech Market Outlook
11. South America FinTech Market Outlook
12. Market dynamics
13. Market trends and developments
14. Competitive landscape
14.1. Competition outlook
14.2. Company Profiles
14.2.1. Robin Hood
14.2.2. Financial ant
14.2.4. Shanghai Lujiazui International Financial Assets Exchange
14.2.5. Oscar Insurance Company
14.2.6. Credit Karma
14.2.8. Bank of atoms
(To note: The list of companies can be customized according to customer’s requirements.)
15. Strategic recommendations
For more information on this report, visit https://www.researchandmarkets.com/r/uo9djd