Lending and Payments Global Market Report 2018

Starting Price : $ 6000.00 | Pages : 250 | Published : February 2018

SKU CODE : 3206 | Format :

The lending and payments market comprises all establishments engaged in lending and payments related activities such as lending, payments and transferring service. The lending and payments industry is categorized on the basis of the business model of the firms present in the industry. Some firms might come under multiple categories. The lending and payments market in this report is segmented into lending and cards & payments.

Asia Pacific was the largest region in the lending and payments market in 2017, accounting for 52% market share. This can be attributed to appetite for cheaper loans in countries such as China. North America was the second largest region accounting for 31% market share. Africa was the smallest region accounting for 0.44% market share.

NFC-based mobile payments are increasing rapidly and offer strong growth potential in both developed and developing countries. This growth is collectively driven by increasing competition between payment card issuers, mobile operators and smartphone manufacturers such as Apple and Samsung. Improving contactless payments infrastructure and security features such as host card emulation (HCE) also drove the growth of NFC-based mobile payments. According to market research company Strategy Analytics, the transaction value of NFC-based mobile payments is expected to increase at a CAGR of 51.57%, from US$30 billion in 2016 to US$240 billion in 2021.

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