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Canada Alternative Lending Business Report 2023: Market is Expected to Grow by 40.1% to Reach $2,074.9 Million in 2023 - Forecasts to 2027 - ResearchAndMarkets.com

The "Canada Alternative Lending Market Business and Investment Opportunities Databook - 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan Type ...

Business Wire

DUBLIN: The "Canada Alternative Lending Market Business and Investment Opportunities Databook - 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan Type and Demographics - Q2 2023 Update" report has been added to ResearchAndMarkets.com's offering.

Alternative lending market in Canada is expected to grow by 40.1% on annual basis to reach US$2,074.9 million in 2023.

Medium to long term growth story of alternative lending in Canada remains strong. Alternative lending adoption is expected to grow steadily over the forecast period, recording a CAGR of 31.6% during 2023-2027. The alternative lending market in the country will increase from US$1,480.8 million in 2022 to reach US$6,221.8 million by 2027.

This report provides a detailed data-centric analysis of the alternative lending market covers in-depth market potential and various. Embark on a detailed exploration of the alternative lending market with our latest report, dissecting key economic indicators to provide a holistic view of this dynamic landscape. Delve into the alternative lending market's expansive horizons, from overall market size and forecasts to granular analyses of end-user segments, diverse finance models, and payment instrument intricacies.

This report helps in navigating the nuanced relationships between payment instruments and lending models, offering a detailed breakdown of transaction dynamics. Uncover the multifaceted nature of loans, from personalized B2C offerings like payroll advances to strategic B2B solutions like lines of credit. Complementing these insights, delve into consumer attitudes and behaviors, decoding the impact of age, income, and gender on financial choices.

This report provides a thorough knowledge of alternative lending market dynamics, market size and forecast with more than 75+ KPIs. KPIs in both value and volume terms help in getting an in-depth understanding of end market dynamics.

The research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities.

Reasons to buy

This report offers a comprehensive insight into the alternative lending market in Canada, covering the following key areas:

  • Comprehensive Market Intelligence: This report offers a thorough scrutiny of the alternative lending market in Canada, providing a deep dive into its size, growth potential, emerging trends, and key industry leaders. Investors and entrepreneurs can identify potential areas for market expansion, based on the payment instruments, finance models, and loan types covered in the report.
  • Economic Indicators: Access to Canada's economic indicators, including GDP, unbanked population, unemployment rate, and loan default rate, to empower your business with crucial data for market analysis and strategic planning.
  • Industry Attractiveness Analysis: In-depth trend analyses for transaction value, average value, and transaction volume within the Canada alternative lending sector. This information aids in assessing the industry's appeal and potential for growth.
  • Strategic Segmentation Analysis: The report presents an extensive analysis of market segments based on financial models (P2P marketplace lending, balance sheet lending, invoice trading, debt-based securities, equity-based crowdfunding, real estate crowdfunding, and others), payment methods (cash, cheques, credit transfers, direct debits, debit cards, credit cards, and e-money) and end-users (consumers, businesses, and property).
  • Growth Projections: The report contains future growth projections for the Canada alternative lending market, classified by end-user, financial model, and payment instrument. These projections offer insights into areas with growth potential within various market segments, aiding your company in strategy alignment and informed decision-making.
  • Loan Type Analysis: A thorough examination of loan types, including B2C Loans (Personal Loans, Payroll Advances, Home Improvement, Education/Student Loans, Point of Sale, Auto Loans, Medical Loans) and B2B Loans (Lines of Credit, Merchant Cash Advance, Invoice Factoring, Revenue Financing), offering valuable market insights.
  • Consumer Attitude and Behaviour Analysis: Get a closer look at consumer behaviour and attitude, segmented by age, income, and gender, which can aid in developing targeted marketing and lending strategies.

Key Attributes:

Report Attribute Details
No. of Pages 164
Forecast Period 2023 - 2027
Estimated Market Value (USD) in 2023 $2 Billion
Forecasted Market Value (USD) by 2027 $4.2 Billion
Compound Annual Growth Rate 20.6%
Regions Covered Canada

Scope

Canada Economic Indicators

  • Gross Domestic Product at Current Prices
  • Population
  • Unbanked Population
  • Unemployment Rate
  • Loan Default Rate

Canada Alternative Lending Market Size and Forecast

  • Transaction Value
  • Average Transaction Value
  • Transaction Volume

Canada Alternative Lending Market Size and Forecast by End User

  • End User - Business
  • End User - Consumer

Canada Alternative Lending Market Size and Forecast by Finance Models

  • P2P Marketplace Consumer Lending
  • P2P Marketplace Business Lending
  • P2P Marketplace Property Lending
  • Balance Sheet Consumer Lending
  • Balance Sheet Business Lending
  • Balance Sheet Property Lending
  • Invoice Trading
  • Debt Based Securities
  • Equity Based Crowd Funding
  • Real Estate Crowd funding

Canada Alternative Lending Market Size and Forecast by Payment Instrument - Transaction Value, Volume and Average Value

  • Cash
  • Cheques
  • Credit Transfer
  • Direct Debits
  • Debit Card
  • Credit Card
  • E- Money

Canada Alternative Lending Market Size and Forecast by Payment Instrument to Model

Canada Alternative Lending Market Size and Forecast by Loan Types

  • B2C Loans
  • Personal Loan
  • Payroll Advance
  • Home Improvement
  • Education/Student Loans
  • Point of Sale
  • Auto Loans
  • Medical Loans
  • B2B Loans
  • Lines of Credit
  • Merchant Cash Advance
  • Invoice Factoring
  • Revenue Financing

Canada Alternative Lending Analysis by Consumer Attitude and Behaviour

  • By Age
  • By Income
  • Gender

For more information about this report visit https://www.researchandmarkets.com/r/tsrou3

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Fonte: Business Wire

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