The Embedded Finance Market is likely to witness a worth of US$ 291.3 Billion, rising at a CAGR of 16.5% from forecast 2023 to 2033
The Embedded Finance Market is likely to witness a worth of US$ 291.3 Billion, rising at a CAGR of 16.5% from forecast 2023 to 2033 | Future Market Insights, Inc.
NEWARK, Del, June 09, 2023 (GLOBE NEWSWIRE) — The
embedded finance market
is anticipated to expand its roots at a strong CAGR of 16.5% between 2023 and 2033. The market is expected to have a market share of US$ 291.3 billion by 2033 while it is projected to be valued at US$ 63.2 billion in 2023.
- The technical advantages along with the expanding financial services including banking and non-banking options are flourishing the market growth. Furthermore, the rapid automation and adoption of smart platforms of different spaces for high productivity and efficiency are propelling growth.
- Financial giants are partnering with technological platforms for innovative solutions. For example, Mastercard and Fabrick have signed a partnership to boost embedded finance. New services like buy now pay later (BNPL) and credit reporting are good examples of embedded finance.
- The expanding sales and extended chains of banks and financial companies are expected to adopt these new systems in to improve the services offered. Alongside this, the increased convenience, quick transaction, and highly accessible interface is making embedded finance systems future-ready.
- The growing sales of financial services have also increased the importance of data. Thus, the embedded finance systems also deliver a relevant collection of data while adding inclusion and convenience to the end user’s plate.
-
The other benefits include the generation of additional revenue streams while increasing the product’s stickiness, and enhanced customer experience.
Get an overview of the market from industry experts to evaluate and develop growth strategies. Get your sample report here @
https://www.futuremarketinsights.com/reports/sample/rep-gb-14548
Key Takeaways
:
- The United States market leads the embedded finance market in terms of market share in North America. The United States region held a market share of 22.3% in 2023. The growth in this region is attributed to expanding financial firms, and the government’s adoption of the latest technologies. North American region held a significant market share of 32.5% in 2022.
- Germany’s market is another successful market in the Europe region. The market holds a market share of 12.3% in 2022. The growth is attributed to the presence of new embedded finance platforms such as Plaid, and Alviere Hive. Europe region held a market share of 25.4% in 2022
- India embedded finance market booms at a CAGR of 19.5% during the forecast period. The market’s growth is attributed to the new banking policies, enlarged non-banking policies, and high penetration of non-banking platforms.
- China’s market also thrives at a CAGR of 17.7% between 2023 and 2033. The growth is caused by the banking reforms and increased focus on consumer inclusivity.
- Based on type, the embedded banking segment held a leading market share of 32.1% in 2022.
- Based on end-user type, the investment banks and investments company segment perform well as it held a leading market share of 27.2% in 2022.
Competitive Landscape
:
The key vendors focus on adding value to the embedded finance systems and easy deployment procedures. Moreover, key competitors also merge, acquire, and partner with other companies to increase their supply chain and distribution channel.
Major
Players
in this
Market
:
- Bankable
- Banxware
- Cross River
- Resolve
- Parafin
- TreviPay
- Balance
- Stripe
Speak to Our Research Expert @
https://www.futuremarketinsights.com/ask-question/rep-gb-14548
Recent Market Developments
:
- Finix has introduced embedded payments and the vertical SaaS conundrum. The addition of embedded payments is increasing revenue, reducing the payment strike, and easy customer engagement.
- Flywire embedded experience is using smart technologies to secure payments without leaving the website.
Key Segments Covered
are:
By Type:
- Embedded Banking
- Embedded Insurance
- Embedded Investments
- Embedded Lending
-
Embedded Payment
By End User:
- Loans Associations
- Investment Banks & Investment Companies
- Brokerage Firms
- Insurance Companies
-
Mortgage Companies
By
Key Regions:
- North America
- Latin America
- Europe
- Japan
- Asia Pacific Excluding Japan
- The Middle East and Africa
Expand operations in the future – ask for a custom
ized
report @
https://www.futuremarketinsights.com/customization-available/rep-gb-14548
Table of Content (
To
C
):
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.2. Scenario Forecast
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Type, 2023 to 2033
5.4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End User
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By End User, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End User, 2023 to 2033
Buy Now:
https://www.futuremarketinsights.com/checkout/14548
Top Reports Related
To
Technology Market:
Europe Embedded Finance Market Size
: Europe embedded finance market size reached US$ 21,511.2 million in 2022 and is likely to cross a mark of US$ 24,230.9 million in 2023. The market is set to expand at a CAGR of 14.5% during the forecast period.
Industrial Embedded Systems Market Share
: With a 7.5% CAGR, the industrial embedded systems market is forecast to reach US$ 53,390.6 Million in 2032. In 2022, the industrial embedded systems market is predicted to be worth US$ 25,935.1 Million.
Military Embedded Systems Market Trends
: According to Future Market Insights research, the military embedded systems market is expected to develop at an 8.1% CAGR from 2022 to 2032, from US$ 1.6 Billion in 2022 to US$ 3.6 Billion by 2032.
Embedded Hypervisor Market Growth
: The embedded hypervisor market is expected to generate US$ 12.03 billion in sales in 2023. By 2033, it is predicted that the embedded hypervisor industry may have generated total sales of US$ 25.34 billion, growing at a CAGR of 7.7%.
Embedded Lending Market Outlook
: Embedded lending market revenue totaled ~US$ 4.7 Billion in 2021. The embedded lending market is expected to reach ~US$ 32.5 Billion by 2032, growing at a CAGR of 19.4% from 2022 to 2032.
Embedded System Market Overview
: The embedded system market is estimated to capture a CAGR of 5.8% during the forecast period. The market is projected to be valued at US$ 86,450.3 Million in 2022 and is likely to be valued at US$ 1,52,544.6 Million by 2032.
Embedded Banking Market Demand
: The embedded banking market revenue totaled US$ 12.1 Billion in 2021. The embedded banking market is expected to reach US$ 106.8 Billion by 2032, growing at a CAGR of 22.1% over the forecast period.
Wireless Telecommunication Services Market Type
: The overall demand for wireless telecommunication services is poised to grow at a healthy CAGR of 7.5% between 2022 and 2032, totaling around US$ 2705.6 Million by 2032.
Fiber Optic Connector Market Forecast
: A CAGR of 10.7% is expected for the global fiber optic connector market due to the growing demand during the forecast period. The overall fiber optic connector market size is anticipated to be appraised at US$ 14,484.8 Million by 2032.
Harmonic Filter Market Analysis
: The global harmonic filter market leads to an estimated CAGR of 6.7% in the global market during the forecast period and registers a revenue valued at US$ 928.6 Million in 2022 and is expected to cross US$ 1,770.4 Million by 2032.
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.
Contact Us:
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn
|
Twitter
|
Blogs
|
YouTube
For Sales Enquiries:
[email protected]