Peer to Peer (P2P) Lending Market Share Projected To Reach USD 912.43 Billion By 2028

Power Take-Off (PTO) Market
Power Take-Off (PTO) Market

The growth of the market for Peer to Peer (P2P) Lending is driven by the Low market risk and affordable operating cost

Market Size – USD 138.71 Billion in 2020, Market Growth – CAGR of 26.6 %Market Trends –Penetration of advance technology along with traditional banking system.

The Peer to Peer (P2P) Lending Market is forecast to grow from USD 138.71 Billion in 2020 to USD 912.43 Billion by 2028, at a CAGR of 26.6 %during the forecast period. Low market risk and affordable operating cost are the major driving factor of the market.

The Peer to Peer (P2P) Lending Market is forecasted to show significant growth due to the increase in implementation online application and growing demand of the technology traditional banking systems.

Peer to Peer (P2P) Lending is a process of debt financing that allows different individuals to borrow and lend money using an online platform. The quantity of interest charged for P2P loans is lower than compared to the traditional prime loans. Investors gets only a portion of the loan and spread the amount of the loan across many buyers.

Get a sample of the report @

Further key findings from the report suggest

  • The Peer to Peer (P2P) Lending Market is forecast to grow from USD 138.71 Billion in 2020 to USD 567.30 billion by 2028, at a CAGR of 26.6 %during the forecast period. Low market risk and affordable operating cost are the major driving factor of the market.
  • Based on Business, it is divided as Alternate marketplace lending, Traditional lending. The traditional P2P model is growing on a large-scale basis, mainly in developing regions. Due to less availability of modern technologies in the region, it is enhancing numerous companies adopt the P2P model. However, the marketplace lending model is slowly spreading all over the globe and is estimated to overtake the traditional model during the next few years.
  • Based on User, the market is segmented as Small business loans, Consumer credit loans, Real estate loans, Student loans. A majority of students seek loan at minimal interest rates and this is usually offered by the traditional money lenders which in turn is increasing the growth of the market by 27.3 %. Student population is increasing by the day. Alternative small business lending platforms use digital tools and machines to provide credit facility to a wide range of small businesses quickly and effectively, mostly to those who have been rejected by banks. Thus, small businesses act as a major user in Peer to Peer Lending market.
  • The P2P Lending Market is segmented across five regions, namely, North America, Asia-Pacific (APAC), Europe, the Middle East and Africa (MEA), and Latin America. APAC isforecasted to dominate themarket with a highest share of 40%.
  • Some of the major key players in the market are Prosper Marketplace, Inc.(US), Upstart Network Inc. (US), Common Bond Inc (US), Funding Circle Limited (UK), Avant, Inc. (US), CircleBack Lending, Inc. (US), Social Finance Inc. (US), Peer form (US), Pave, Inc. (US), Daric Inc. (US),

To identify the key trends in the industry, click on the link below:

For the purpose of this report, the market has been segmented on the basis of Business, User and region:

Business Outlook (Revenue, USD Million; 2020-2028)

  • Alternate marketplace lending
  • Traditional lending

User Outlook (Revenue, USD Million; 2020-2028)

  • Small business loans
  • Consumer credit loans
  • Real estate loans
  • Student loans

Regional Outlook (Revenue, USD Million; 2020-2028)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Request a customization of the report @

Thank you for reading the report. Kindly note that we also offer report customization as per client’s need. Connect with us for additional information on customization of the report and our team will offer you the best suited report.

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Contact Us:

John W
Head of Business Development
Direct Line: +1-212-710-1370
E-mail: [email protected]
Reports and Data | Web:
Check our upcoming research reports @
Visit our blog for more industry updates @


Read similar reports by Reports and Data:

  1. Serverless Architecture Market By Services, By Organization Size, and By Vertical, And Segment Forecasts, 2016-2026
  2. Application Lifecycle Management Market By Deployment, By Solution, End User, Organization Size, Platform And Segment Forecasts, 2017-2026
  3. Electronic Films Market Size, Share, Analysis By Film Type, By Material, By End Use, And Segment Forecasts To 2027
  4. Artificial Intelligence in Sports Market Size, Share & Trends Analysis Report By Technology, By Application, By Deployment, By Region, Competitive Strategies and Segment Forecasts for 2016-2026

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *