Financial Technology is a term used to assist those companies operating in the financial technology sector. The Financial Technology is the integration of financial services with information technology. This integration assists in reshaping finance services by facilitating easy and smart management of financial activities. Another advantage associated with this technology is it improves the quality of financial services and reduce overall operational cost, and thus contributing to creating a more diverse and stable financial landscape.
MARKET DYNAMICS
Increase in inclination towards new technology solution such as online, mobile payments, big data, alternative finance and financial management, surges the need for simple technology that assists in efficient financial management, which is positively influencing the demand for Financial Technology market. Also, growing dependence of technology in every sector to facilitate ease and flexibility in maintaining records act as major parameters backing the adoption of financial technology, which is the other driver for the growth Financial Technology solution during the forecast period.
MARKET SCOPE
The "Global Financial Technology Market Analysis to 2028"? is a specialized and in-depth study of the financial technology market with a special focus on the global market trend analysis. The report aims to provide an overview of financial technology market with detailed market segmentation by component, deployment, end user. The global financial technology market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading financial technology market player and offers key trends and opportunities in the financial technology market.
MARKET SEGMENTATION
The global financial technology market is segmented on the basis of component, deployment, end user. On the basis of component, market is segmented as solution, service. On the basis of deployment, market is segmented as SAAS, on-premise. On the basis of end user, market is segmented as banks, financial consultancy, others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global financial technology market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The financial technology market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting financial technology market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the financial technology market in these regions.
MARKET PLAYERS
The reports cover key developments in the financial technology market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from financial technology market are anticipated to lucrative growth opportunities in the future with the rising demand for financial technology market. Below mentioned is the list of few companies engaged in the financial technology market.
The report also includes the profiles of key financial technology market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Social Finance, Inc. (SoFi)
- Stripe
- YapStone, Inc.
- Braintree (PayPal)
- Adyen
- Lending Club
- Addepar
- Commonbond, Inc.
- Robinhood
- Wealthfront, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.