Report Highlights
The global fintech market should reach $776.2 billion by 2027 from $354.8 billion in 2022 at a compound annual growth rate (CAGR) of 16.9% for the forecast period of 2022 to 2027.
Report Includes
- 24 data tables and 25 additional tables
- An up-to-date overview of the global markets for financial technology (fintech) with emphasis on investment, innovation, ideology and technology
- Analyses of the global and regional market trends, with historic market revenue for 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
- Coverage of the technological, economic, and business considerations of the global fintech market with analyses and market forecasts through 2027
- Estimation of the actual market size and revenue forecast for global fintech market in USD million terms, and corresponding market share analysis based on technology, product segment, services, deployment type, end user, and region
- Updated information on the recent industry structure and expected future developments in the fintech field, their market impact and implications on the global financial services industry
- Insight into the major technology challenges, issues and risks, government regulations, demographic factors, and COVID-19 impact on the global fintech market
- Discussion of latest market developments, merger and acquisition deals, partnerships, collaborations and other strategic alliances within the global financial services industry
- Descriptive company profiles of the leading global players, including ACI Worldwide, Fiserv, Google, IBM and Visa Inc.
Report Scope
The report provides an overview of the global market for fintech and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for 2022 through 2027. Revenue forecasts for this period are segmented based on product, deployment mode, service provider and technology and region. The report also focuses on the major driving trends and challenges that affect the market. The report explains the current trends in the fintech market. The report concludes with detailed profiles of the major global fintech market players.
Report Synopsis
| Report Metrics | Details | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2021 | ||||||||||||||
| Forecast period considered | 2022 - 2027 | ||||||||||||||
| Base year market size | $304.6 billion | ||||||||||||||
| Market size forecast | $776.2 billion | ||||||||||||||
| Growth rate | CAGR of 16.9% from 2022 to 2027 | ||||||||||||||
| Units considered | $ Millions | ||||||||||||||
| Segments covered | Product, Deployment Mode, Service Providers, Technology | ||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, and Rest of the World | ||||||||||||||
| Countries covered | United States, Canada, France, Germany, Italy, U.K, Spain, Rest of Europe, China, India, Japan, and Rest of Asia-Pacific. | ||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global fintech payments market should reach $10.1 trillion by 2024 from $4.8 trillion in 2019 at a compound annual growth rate (CAGR) of 15.9% for the period of 2019 to 2024.
Report Includes
- 28 data tables and 12 additional tables
- An overview of the global market for fintech and discussion of investment structure, innovation, ideology and technology within the industry
- Analysis of global market trends, with data from 2018, estimates for 2019 and compound annual growth rates (CAGRs) for the five-year period through 2024
- Knowledge about recent and expected future developments in the fintech field, their market impact and their implications for the financial services industry
- Information on how fintech will enhance as well as disrupt the traditional financial markets through the provision of innovative, streamlined products and services
- Comprehensive company profiles of major players, including Baixin Bank, Fidor Bank, Monese, Affirm, Inc., Amazon Pay, PayPal, Inc., Paytm, Friendsurance, Anodot and GoodData
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