Micro Funding Market, Global Outlook and Forecast 2023-2029
Micro Funding are comprehensive consumer loans with individuals or enterprises as the core, and guarantees are generally required during the processing process. Micro Funding is an extension of microfinance in technology and practical applications. The establishment of small and micro-credit companies rationally pooled some private funds, regulated the private lending market, and effectively solved the financing problems of agriculture, rural areas and small and medium-sized enterprises. At present, there are also personal small loans for office workers, most of which do not require collateral, but the credit and information review are relatively strict.
This report aims to provide a comprehensive presentation of the global market for Micro Funding, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Micro Funding. This report contains market size and forecasts of Micro Funding in global, including the following market information:
Global Micro Funding Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Micro Funding market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Banks Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Micro Funding include Accion International, BlueVine, Fundera, Funding Circle, Kabbage, Kiva, Lendio, LENDR and OnDeck, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Micro Funding companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Micro Funding Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Micro Funding Market Segment Percentages, by Type, 2022 (%)
Banks
Micro Finance Institute
NBFC
Others
Global Micro Funding Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Micro Funding Market Segment Percentages, by Application, 2022 (%)
Individual
Micro Enterprises
Small Enterprises
Global Micro Funding Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Micro Funding Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Micro Funding revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Micro Funding revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Accion International
BlueVine
Fundera
Funding Circle
Kabbage
Kiva
Lendio
LENDR
OnDeck
StreetShares
Ant Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Micro Funding, market overview.
Chapter 2: Global Micro Funding market size in revenue.
Chapter 3: Detailed analysis of Micro Funding company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Micro Funding in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
