Increasing Digital Penetration to Boost Europe’s Embedded Finance Market to US$ 94,081.7 Million by 2033
NEWARK, DE / ACCESSWIRE / April 26, 2023 / According to Future Market Insights (FMI), Embedded Finance Demand In Europe is set to rise at 14.5% CAGR during the projection period. The total market size in Europe will increase from US$ 24,230.9 million in 2023 to US$ 94,081.7 million by 2033.
Increasing penetration of digitalization is likely to provide a strong impetus to the Europe-embedded finance industry. Similarly, increasing the number of fintech brands will elevate embedded finance demand.
Embedded finance is the incorporation of financial services into non-financial businesses’ infrastructures. It is gaining wider popularity across European countries such as the United Kingdom and Germany due to its various advantages.
Identify key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our PDF Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-17070
Embedded finance solutions enable companies to offer a wide range of financial services to their customers, such as payments, lending, and budgeting tools, without having to build their own banking infrastructure. This is beneficial for both companies and customers, as it can improve customer experience and reduce costs.
As the Europe market continues to mature, it is expected that more companies will adopt embedded finance solutions, which will further drive growth in the market.
The growing usage of digital banking and payments will play a key role in fueling embedded finance demand across Europe through 2033.
The rising need for more efficient and secure financial services, the rise in open banking legislation, and the growing demand for personalized financial services will boost the Europe-embedded finance industry.
Penetration of new technologies such as AI, blockchain, and cloud computing is enabling the development of innovative embedded finance solutions that offer greater convenience, cost savings, and security. This will support market expansion in Europe.
Key Takeaways for the Europe Embedded Finance Market:
- Embedded finance demand in Europe will increase at 14.5% CAGR from 2023 to 2033.
- By type, the embedded payment segment will hold around 34.9% share of the Europe market by 2033.
- By application, the fintech vendors segment is likely to thrive at a CAGR of 17.1% through 2033.
- The United Kingdom will hold a share of 23.6% of Europe’s embedded finance market by 2033.
- Germany embedded finance market is forecast to exhibit a CAGR of 16.8% between 2023 and 2033.
“Europe embedded finance market is growing rapidly as more companies recognize the potential of embedding financial services into their products and services. This trend is driven by the increasing demand for digital banking solutions, the availability of open banking APIs, and the rise of digital-first challenger banks.” Says a lead FMI analyst.
Didn’t find the data you are looking for? Our experts provide you with customized reports @ https://www.futuremarketinsights.com/customization-available/rep-gb-17070
Who is Winning?
Finix, Stripe Technology Europe, Railsbank Technology, Liberis, Modulr, Alviere, OpenPayd, Striga Technology OÜ, Plaid, Flywire, Q2 Software, Inc, Tink, Marqeta, and Solaris are leading embedded finance companies profiled in the report.
Key Segments of Europe Embedded Finance Market Research
By Type:
- Embedded Banking
- Embedded Insurance
- Embedded Investments
- Embedded Lending
- Embedded Payment
By Application:
- Fintech Vendors
- Travel & Hospitality Businesses
- Real Estates
- Transportation & Logistics Companies
- Media Companies
- Others
Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial – Buy the [email protected] https://www.futuremarketinsights.com/checkout/17070
More Valuable Insights on Europe Embedded Finance Market
In this report by Future Market Insights (FMI), Europe embedded finance market is segmented into three key sections. This includes the type (embedded banking, embedded insurance, embedded investments, embedded lending, and embedded payment), application (fintech vendors, travel & hospitality businesses, real estate, transportation & logistics companies, and media companies), and country (United Kingdom, Germany, France, Italy, Spain, Norway, Denmark, Sweden, Belgium, Netherlands, and rest of Europe).
Table of Content
1. Executive Summary | Europe Embedded Finance Market
1.1. Market Outlook
1.2. Demand Side Trends
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Pricing Analysis
4.1. Pricing Analysis, By Solution
4.2. Average Pricing Analysis Benchmark
5. Market Demand (Value in US$ million) Analysis 2018 to 2022 and Forecast, 2023 to 2033
5.1. Historical Market Value (US$ Million) Analysis, 2018 to 2022
5.2. Current and Future Market Value (US$ million) Projections, 2023 to 2033
About Electronics, Semiconductor and ICT Division at Future Market Insights (FMI)
Expert analysis, strategic recommendations and actionable insights- the electronics, semiconductors, and ICT team at Future Market Insights (FMI) helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductors, & ICT, of which 100+ reports are specifically on solutions, the team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the electronics, semiconductors, and ICT industry.
Explore Wide-ranging Coverage of FMI’s Technology Landscape
Embedded Banking Market Outlook: The Embedded Banking Market revenue totalled 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%.
Embedded System Market Size: The Embedded System 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 Lending Market Scope: The Embedded Lending Market is expected to reach ~US$ 32.5 billion by 2032, growing at a CAGR of 19.4%.
Embedded Hypervisor Market Share: The Embedded Hypervisor Market revenue totalled ~US$ 10.5 billion in 2021. Total sales in the market are forecast to total ~US$ 23.6 billion by 2032.
Embedded Security For Internet Of Things Market Overview: The global Embedded Security For Internet Of Things Market is projected to secure almost US$ 11,125 Million by the end of 2027.
Finance Cloud Market Demand: The finance cloud market is expected to record a CAGR of 12.4% during the forecast period 2022-2032.
Artificial Intelligence in Retail Market Analysis: The global Artificial Intelligence In Retail Market is expected to surpass US$ 127.09 billion by 2033.
Online Payment Gateway Market Trends: The online payment gateway market size is expected to rise to US$ 293.9 billion by 2033.
Geomarketing Market Opportunities: The global Geomarketing Market size is anticipated to be appraised at US$ 82,840.8 million by 2032, CAGR of 21.3%.
Open Banking Market Insight: The open banking market is expected to reach US$ 158.6 Billion by 2032, growing at a CAGR of 23.2% from 2022 to 2032.
About Us:
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]
SOURCE: Future Market Insights, Inc.
