At 20.5% CAGR, Fintech (Financial Technology) Market to Reach USD 699.50 Billion by 2030 – Top Companies, Growth Rate, Recent Trends, Business Opportunities and Forecast Analysis

The expansion of e-commerce platforms and the growing demand for cutting-edge technology solutions, the North America region holds the largest shares of the Fintech (financial technology) industry.

Dallas, Texas, Sept. 20, 2022 (GLOBE NEWSWIRE) — The size of global fintech (financial technology) market. was estimated at USD 110.59 billion in 2020 and is expected to grow at a CAGR of 20.5% to reach USD 699.50 billion by 2030.

The global fintech (financial technology) market is expected to be driven by customers’ growing need for e-commerce and mobile banking platforms that offer a more user-friendly environment for conducting financial transactions. The need for fintech among businesses is expected to increase as banks and insurance companies increasingly replace outdated operating systems with cutting-edge technologies. To maintain their dominance in the market and offer cutting-edge financial technology solutions, investors are partnering with wealth management solution providers. The providers of fintech solutions can count on this to give them various opportunities. Fintech is gradually using technology, which provides more efficiency, agility and accuracy, such as Blockchain, Robotic Process Automation, Application Programming Interface (API), Data Analytics, etc.

The global fintech (financial technology) market is expected to benefit in the coming years from growing adoption of digital payments, investments in technology-based solutions, supportive government regulations, and increased adoption of IoT devices. The growing use of e-commerce platforms across economies as well as increased use of smartphones has paved the way for more FinTech transactions. Examples of these innovations include mobile wallets, digitized money, paperless loans, etc. To enhance the financial services offered, financial companies are offering mobile financial apps. This helps them to contact more customers and increase awareness of online services. As the need for e-commerce apps among users increases, solution providers are now offering financially secure e-commerce platforms.

The story continues

Request a pdf brochure @ https://www.adroitmarketresearch.com/contacts/request-sample/1315

Global fintech (financial technology) market Scope:

According to the end-use industry, the banking segment holds the largest market share in 2020 and is expected to continue to rule the market during the forecast period. Start-ups and banks are developing different payment methods and e-wallets in this area to support services and offer a better and faster customer experience.

The use of e-commerce solutions and the growing need for cutting-edge technology solutions to offer security for users’ financial data and records has led North America to own a significant portion of the global fintech (financial technology) market. During the forecast period, the fintech market in Asia Pacific is expected to expand rapidly due to increased investments made by major players to offer solutions across the region.

Purchase a single user copy @ https://www.adroitmarketresearch.com/researchreport/purchase/1315

For example, as the primary venture capital investor, Tencent and Allianz Insight invested 524 Euro Million in FinTech Company N 26 in May 2020 as a later stage venture capital investment. The Mobile Banking Platform is operated by N 26. The amount invested here was the second largest venture capital investment in the FinTech sector in Europe.

In addition, the Corporate Venture Capital of Allianz Group is another significant investment in the FinTech market in 2020. Allianz X aims to invest in digital growth companies that are part of the insurance ecosystems; the last investment was in BIMA. A minority investment is sought by Mouro Capital CVC from Santander Group in seed, early and later stages, the last of which is Uncapped.

Main points from the table of contents:

1. Introduction
2. Research methodology
3. Market outlook
4. Fintech Market by Technology, 2019-2029 (USD Billion)
5. Fintech Market by Deployment, 2019-2029 (USD Billion)
6. Fintech Market by Service, 2019-2029 (USD Billion)
7. Fintech Market by Application, 2019-2029 (USD Billion)
8. Fintech by Region 2019-2029 (Billion USD)
9. Competitive landscape
10. Company Profiles
11. Appendix

Looking for a DISCOUNT? If yes, request discount at https://www.adroitmarketresearch.com/researchreport/purchase/1315

Access research repository for upcoming reports @

About us:
Adroit Market Research is a global business analysis and consulting company established in 2018. Our target audience is a wide range of companies, manufacturing companies, product/technology development institutions and industry associations that require an understanding of a market’s size, key trends, participants and future. the outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenue. We follow a code – Explore, learn and transform. At our core, we are curious people who love to identify and understand industry patterns, craft an insightful study around our findings, and create roadmaps to monetize.

Contact Us:
Ryan Johnson
Account Manager – Global
3131 McKinney Ave Ste 600
Dallas, TX 75204
Email id: [email protected]
Phone no.: +1-9726644514, +91-9665341414
Get in touch with us: Facebook | Twitter | LinkedIn