DUBLIN–(BUSINESS WIRE)–“The FinTech Market Research Report by Category (Consumer Banking, Equity Finance & Insurance), End-Use Industry, Region (Americas, Asia-Pacific & Europe, Middle East & Africa) – Global Forecast to 2027 – Cumulative Impact of COVID-19” Report Added to ResearchAndMarkets.com’s Offering.
The global FinTech market size was estimated at USD 136.87 billion in 2021, USD 146.83 billion in 2022, and is projected to grow at a CAGR of 7.53% to reach USD 211.64 billion by 2027.
Competitive Strategic Window:
The Competitive Strategic Window analyzes the competitive landscape in terms of markets, applications and geographies to help the supplier define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the suppliers to adopt successive merger and acquisition strategies, geographical expansion, research and development, and new product introduction strategies to effect further business expansion and growth during a forecast period.
FPNV positioning matrix:
The FPNV Positioning Matrix evaluates and categorizes the providers in the FinTech market based on business strategy (business growth, industry coverage, financial viability and channel support) and product satisfaction (value for money, ease of use, product features and customer support) which helps companies make better decisions and understand the competitive landscape.
Market share analysis:
The market share analysis offers analysis of suppliers that assess their contribution to the overall market. It gives the idea of revenue generation in the overall market compared to other vendors in the space. It provides insight into how suppliers perform in terms of revenue generation and customer base compared to others. Knowing market shares gives an idea of the size and competitiveness of the suppliers for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance and merger characteristics.
The report provides insight into the following points:
1. Market Penetration: Provides comprehensive information about the market offered by the key players
2. Market Development: Provides in-depth information on lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information on new product launches, untapped geographies, recent developments and investments
4. Competitive Assessment and Intelligence: Provides an exhaustive assessment of the market shares, strategies, products, certification, regulatory approvals, patent landscape and manufacturing capabilities of the leading players
5. Product development and innovation: Provides intelligent insight into future technologies, R&D activities and ground-breaking product development
The report answers questions such as:
1. What is the market size and forecast for the global FinTech market?
2. What are the restraining factors and impact of COVID-19 shaping the global FinTech market during the forecast period?
3. Which products/segments/applications/areas to invest in over the forecast period in the global FinTech market?
4. What is the competitive strategic window of opportunity in the global FinTech market?
5. What are the technology trends and regulatory framework in the global FinTech market?
6. What is the market share of the leading vendors in the global FinTech market?
7. What modes and strategic moves are considered suitable for entering the global FinTech market?
Market dynamics
Drivers
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Increasing use of technology and innovation to offer financial services through internet-based platforms
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Increasing internet penetration along with increasing use of mobile payment technology
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Increasing popularity of digital payments
Limitations
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Strict state regulations
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Complexities related to maintenance
Possibilities
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Innovations in FinTech help to reduce the costs of providing services
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Increasing popularity of AI interfaces and chatbots has redefined customer service
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Increasing investments in blockchain technology
Challenges
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Concerns about the security of consumer data
Companies mentioned
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Accenture, Inc.
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Ant group
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Avant, LLC
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CA Technology, Inc.
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Cognizant Technology Solutions Corporation
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Diebold Nixdorf
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FIS
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Fiserv, Inc.
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Infosys Limited
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International Business Machines Corporation
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Klarna Bank AB
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Lufax
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Microsoft Corporation
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NCR Corporation
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Oracle Corporation
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Qidian
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Red Hat, Inc.
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SAP SE
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Social Finance, Inc.
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SunGard Data Systems Inc
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Tata Consultancy Services Limited
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Zero
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