Report Detail
Global Personal Loans Market Growth (Status and Outlook) 2019-2024
- RnM3303359 |
- 11 April, 2019 |
- Global |
- 136 Pages |
- LPI(LP Information) |
- Service & Software
Over the last 10 years, investors funneled many billions of dollars into the personal loan market. These investments came in the form of venture capital, various bond structures and even direct investments in loans. Fueled by this influx of capital (and some innovative technologists), the once stagnant personal loans industry exploded with double-digit growth rates.
In 2018, the number of personal loan accounts rose to 19.5 million. An increase of 12.5% from 2017 (source). Subprime originations grew 28% between Q2 2017 and Q2 2018. In contrast, originations for subprime borrowers dropped by 7.1% between 2016 and 2018.
Has the personal loan boom reached its peak? SuperMoney’s 2019 personal loans industry study will answer that question while also providing a detailed look at the consumer lending sector as a whole. Let’s get started.Personal loans, also known as consumer loans or installment loans, are closed-end uncollateralized sources of credit. This means that, unlike mortgages and most auto loans, they don’t require collateral. And unlike credit cards, they have fixed payments for a specific period of time.
According to this study, over the next five years the Personal Loans market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global revenue market share of key companies in Personal Loans business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Personal Loans market by product type, application, key companies and key regions.
This study considers the Personal Loans value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Below 5000 USD
5000-50000 USD
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Below 1 years
1-3 years
Above years
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
LightStream
SoFi
Citizens Bank
Marcus
FreedomPlus
Payoff
OneMain Financial
Avant
Prosper
Lending Club
Best Egg
Earnest
Payoff
Earnin
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Personal Loans market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Personal Loans market by identifying its various subsegments.
Focuses on the key global Personal Loans players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Personal Loans with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Personal Loans submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Personal Loans Market Report (Status and Outlook)
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Personal Loans Market Size 2014-2024
- 2.1.2 Personal Loans Market Size CAGR by Region
- 2.2 Personal Loans Segment by Type
- 2.2.1 Below 5000 USD
- 2.2.2 5000-50000 USD
- 2.2.3 Above 50000 USD
- 2.3 Personal Loans Market Size by Type
- 2.3.1 Global Personal Loans Market Size Market Share by Type (2014-2019)
- 2.3.2 Global Personal Loans Market Size Growth Rate by Type (2014-2019)
- 2.4 Personal Loans Segment by Application
- 2.4.1 Below 1 years
- 2.4.2 1-3 years
- 2.4.3 Above years
- 2.5 Personal Loans Market Size by Application
- 2.5.1 Global Personal Loans Market Size Market Share by Application (2014-2019)
- 2.5.2 Global Personal Loans Market Size Growth Rate by Application (2014-2019)
3 Global Personal Loans by Players
- 3.1 Global Personal Loans Market Size Market Share by Players
- 3.1.1 Global Personal Loans Market Size by Players (2017-2019)
- 3.1.2 Global Personal Loans Market Size Market Share by Players (2017-2019)
- 3.2 Global Personal Loans Key Players Head office and Products Offered
- 3.3 Market Concentration Rate Analysis
- 3.3.1 Competition Landscape Analysis
- 3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.4 New Products and Potential Entrants
- 3.5 Mergers & Acquisitions, Expansion
4 Personal Loans by Regions
- 4.1 Personal Loans Market Size by Regions
- 4.2 Americas Personal Loans Market Size Growth
- 4.3 APAC Personal Loans Market Size Growth
- 4.4 Europe Personal Loans Market Size Growth
- 4.5 Middle East & Africa Personal Loans Market Size Growth
5 Americas
- 5.1 Americas Personal Loans Market Size by Countries
- 5.2 Americas Personal Loans Market Size by Type
- 5.3 Americas Personal Loans Market Size by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Personal Loans Market Size by Countries
- 6.2 APAC Personal Loans Market Size by Type
- 6.3 APAC Personal Loans Market Size by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Personal Loans by Countries
- 7.2 Europe Personal Loans Market Size by Type
- 7.3 Europe Personal Loans Market Size by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Personal Loans by Countries
- 8.2 Middle East & Africa Personal Loans Market Size by Type
- 8.3 Middle East & Africa Personal Loans Market Size by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Global Personal Loans Market Forecast
- 10.1 Global Personal Loans Market Size Forecast (2019-2024)
- 10.2 Global Personal Loans Forecast by Regions
- 10.2.1 Global Personal Loans Forecast by Regions (2019-2024)
- 10.2.2 Americas Market Forecast
- 10.2.3 APAC Market Forecast
- 10.2.4 Europe Market Forecast
- 10.2.5 Middle East & Africa Market Forecast
- 10.3 Americas Forecast by Countries
- 10.3.1 United States Market Forecast
- 10.3.2 Canada Market Forecast
- 10.3.3 Mexico Market Forecast
- 10.3.4 Brazil Market Forecast
- 10.4 APAC Forecast by Countries
- 10.4.1 China Market Forecast
- 10.4.2 Japan Market Forecast
- 10.4.3 Korea Market Forecast
- 10.4.4 Southeast Asia Market Forecast
- 10.4.5 India Market Forecast
- 10.4.6 Australia Market Forecast
- 10.5 Europe Forecast by Countries
- 10.5.1 Germany Market Forecast
- 10.5.2 France Market Forecast
- 10.5.3 UK Market Forecast
- 10.5.4 Italy Market Forecast
- 10.5.5 Russia Market Forecast
- 10.5.6 Spain Market Forecast
- 10.6 Middle East & Africa Forecast by Countries
- 10.6.1 Egypt Market Forecast
- 10.6.2 South Africa Market Forecast
- 10.6.3 Israel Market Forecast
- 10.6.4 Turkey Market Forecast
- 10.6.5 GCC Countries Market Forecast
- 10.7 Global Personal Loans Forecast by Type
- 10.8 Global Personal Loans Forecast by Application
11 Key Players Analysis
- 11.1 LightStream
- 11.1.1 Company Details
- 11.1.2 Personal Loans Product Offered
- 11.1.3 LightStream Personal Loans Revenue, Gross Margin and Market Share (2017-2019)
- 11.1.4 Main Business Overview
- 11.1.5 LightStream News
- 11.2 SoFi
- 11.2.1 Company Details
- 11.2.2 Personal Loans Product Offered
- 11.2.3 SoFi Personal Loans Revenue, Gross Margin and Market Share (2017-2019)
- 11.2.4 Main Business Overview
- 11.2.5 SoFi News
- 11.3 Citizens Bank
- 11.3.1 Company Details
- 11.3.2 Personal Loans Product Offered
- 11.3.3 Citizens Bank Personal Loans Revenue, Gross Margin and Market Share (2017-2019)
- 11.3.4 Main Business Overview
- 11.3.5 Citizens Bank News
- 11.4 Marcus
- 11.4.1 Company Details
- 11.4.2 Personal Loans Product Offered
- 11.4.3 Marcus Personal Loans Revenue, Gross Margin and Market Share (2017-2019)
- 11.4.4 Main Business Overview
- 11.4.5 Marcus News
- 11.5 FreedomPlus
- 11.5.1 Company Details
- 11.5.2 Personal Loans Product Offered
- 11.5.3 FreedomPlus Personal Loans Revenue, Gross Margin and Market Share (2017-2019)
- 11.5.4 Main Business Overview
- 11.5.5 FreedomPlus News
- 11.6 Payoff
- 11.6.1 Company Details
- 11.6.2 Personal Loans Product Offered
- 11.6.3 Payoff Personal Loans Revenue, Gross Margin and Market Share (2017-2019)
- 11.6.4 Main Business Overview
- 11.6.5 Payoff News
- 11.7 OneMain Financial
- 11.7.1 Company Details
- 11.7.2 Personal Loans Product Offered
- 11.7.3 OneMain Financial Personal Loans Revenue, Gross Margin and Market Share (2017-2019)
- 11.7.4 Main Business Overview
- 11.7.5 OneMain Financial News
- 11.8 Avant
- 11.8.1 Company Details
- 11.8.2 Personal Loans Product Offered
- 11.8.3 Avant Personal Loans Revenue, Gross Margin and Market Share (2017-2019)
- 11.8.4 Main Business Overview
- 11.8.5 Avant News
- 11.9 Prosper
- 11.9.1 Company Details
- 11.9.2 Personal Loans Product Offered
- 11.9.3 Prosper Personal Loans Revenue, Gross Margin and Market Share (2017-2019)
- 11.9.4 Main Business Overview
- 11.9.5 Prosper News
- 11.10 Lending Club
- 11.10.1 Company Details
- 11.10.2 Personal Loans Product Offered
- 11.10.3 Lending Club Personal Loans Revenue, Gross Margin and Market Share (2017-2019)
- 11.10.4 Main Business Overview
- 11.10.5 Lending Club News
- 11.11 Best Egg
- 11.12 Earnest
- 11.13 Payoff
- 11.14 Earnin
12 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Personal Loans . Industry analysis & Market Report on Personal Loans is a syndicated market report, published as Global Personal Loans Market Growth (Status and Outlook) 2019-2024. It is complete Research Study and Industry Analysis of Personal Loans market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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