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Personal Loans Market 2025-2029

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    Report

  • 205 Pages
  • February 2025
  • Region: Global
  • TechNavio
  • ID: 5852490
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The personal loans market is forecasted to grow by USD 803.4 billion during 2024-2029, accelerating at a CAGR of 15.2% during the forecast period. The report on the personal loans market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by use of advanced technologies in loan process, rising requirement of money to fund lifestyles, and increasing migration to smart urban cities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

The personal loans market is segmented as below:

By Application

  • Short term loans
  • Medium term loans
  • Long term loans

By Type

  • P2P marketplace lending
  • Balance sheet lending

By Channel

  • Banks
  • Credit union
  • Online lenders

By Geographical Landscape

  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the rise in adoption of cloud-based personal loan servicing software offerings as one of the prime reasons driving the personal loans market growth during the next few years. Also, rapid boost in consumption-LED credit products and instantaneous loan and approval procedure will lead to sizable demand in the market.

The report on the personal loans market covers the following areas:

  • Personal Loans Market sizing
  • Personal Loans Market forecast
  • Personal Loans Market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading personal loans market vendors that include Axis Bank Ltd., Bajaj Finserv Ltd., Canara Bank, Cholamandalam Investment and Finance Co. Ltd., Citigroup Inc., Finbud Financial Services Pvt Ltd, HDFC Bank Ltd., HSBC Holdings PLC, ICICI Bank Ltd., IDBI Bank Ltd., Indian Overseas Bank, Mahindra and Mahindra Financial Services Ltd., PPF Group, Punjab National Bank, State Bank of India, Tata Sons Pvt. Ltd., UCO BANK, Union Bank of India, Whizdm Innovations Pvt. Ltd., and Yes Bank Ltd. Also, the personal loans market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Channel
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ billion)
Data Table on Global - Market size and forecast 2024-2029 ($ billion)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Personal Loans Market 2019 - 2023
Historic Market Size - Data Table on Global Personal Loans Market 2019 - 2023 ($ billion)
5.2 Application segment analysis 2019 - 2023
Historic Market Size - Application Segment 2019 - 2023 ($ billion)
5.3 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ billion)
5.4 Channel segment analysis 2019 - 2023
Historic Market Size - Channel Segment 2019 - 2023 ($ billion)
5.5 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
5.6 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
6.1 Impact of AI on Global Personal Loans Market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Application
8.1 Market segments
Chart on Application - Market share 2024-2029 (%)
Data Table on Application - Market share 2024-2029 (%)
8.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
8.3 Short term loans - Market size and forecast 2024-2029
Chart on Short term loans - Market size and forecast 2024-2029 ($ billion)
Data Table on Short term loans - Market size and forecast 2024-2029 ($ billion)
Chart on Short term loans - Year-over-year growth 2024-2029 (%)
Data Table on Short term loans - Year-over-year growth 2024-2029 (%)
8.4 Medium term loans - Market size and forecast 2024-2029
Chart on Medium term loans - Market size and forecast 2024-2029 ($ billion)
Data Table on Medium term loans - Market size and forecast 2024-2029 ($ billion)
Chart on Medium term loans - Year-over-year growth 2024-2029 (%)
Data Table on Medium term loans - Year-over-year growth 2024-2029 (%)
8.5 Long term loans - Market size and forecast 2024-2029
Chart on Long term loans - Market size and forecast 2024-2029 ($ billion)
Data Table on Long term loans - Market size and forecast 2024-2029 ($ billion)
Chart on Long term loans - Year-over-year growth 2024-2029 (%)
Data Table on Long term loans - Year-over-year growth 2024-2029 (%)
8.6 Market opportunity by Application
Market opportunity by Application ($ billion)
Data Table on Market opportunity by Application ($ billion)
9 Market Segmentation by Type
9.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
9.3 P2P marketplace lending - Market size and forecast 2024-2029
Chart on P2P marketplace lending - Market size and forecast 2024-2029 ($ billion)
Data Table on P2P marketplace lending - Market size and forecast 2024-2029 ($ billion)
Chart on P2P marketplace lending - Year-over-year growth 2024-2029 (%)
Data Table on P2P marketplace lending - Year-over-year growth 2024-2029 (%)
9.4 Balance sheet lending - Market size and forecast 2024-2029
Chart on Balance sheet lending - Market size and forecast 2024-2029 ($ billion)
Data Table on Balance sheet lending - Market size and forecast 2024-2029 ($ billion)
Chart on Balance sheet lending - Year-over-year growth 2024-2029 (%)
Data Table on Balance sheet lending - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
10 Market Segmentation by Channel
10.1 Market segments
Chart on Channel - Market share 2024-2029 (%)
Data Table on Channel - Market share 2024-2029 (%)
10.2 Comparison by Channel
Chart on Comparison by Channel
Data Table on Comparison by Channel
10.3 Banks - Market size and forecast 2024-2029
Chart on Banks - Market size and forecast 2024-2029 ($ billion)
Data Table on Banks - Market size and forecast 2024-2029 ($ billion)
Chart on Banks - Year-over-year growth 2024-2029 (%)
Data Table on Banks - Year-over-year growth 2024-2029 (%)
10.4 Credit union - Market size and forecast 2024-2029
Chart on Credit union - Market size and forecast 2024-2029 ($ billion)
Data Table on Credit union - Market size and forecast 2024-2029 ($ billion)
Chart on Credit union - Year-over-year growth 2024-2029 (%)
Data Table on Credit union - Year-over-year growth 2024-2029 (%)
10.5 Online lenders - Market size and forecast 2024-2029
Chart on Online lenders - Market size and forecast 2024-2029 ($ billion)
Data Table on Online lenders - Market size and forecast 2024-2029 ($ billion)
Chart on Online lenders - Year-over-year growth 2024-2029 (%)
Data Table on Online lenders - Year-over-year growth 2024-2029 (%)
10.6 Market opportunity by Channel
Market opportunity by Channel ($ billion)
Data Table on Market opportunity by Channel ($ billion)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
12.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
12.3 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ billion)
Data Table on North America - Market size and forecast 2024-2029 ($ billion)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
12.4 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ billion)
Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.5 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ billion)
Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.6 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ billion)
Data Table on South America - Market size and forecast 2024-2029 ($ billion)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
12.7 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ billion)
Data Table on US - Market size and forecast 2024-2029 ($ billion)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
12.9 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ billion)
Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
12.10 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ billion)
Data Table on UK - Market size and forecast 2024-2029 ($ billion)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
12.11 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ billion)
Data Table on India - Market size and forecast 2024-2029 ($ billion)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
12.12 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ billion)
Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.13 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ billion)
Data Table on China - Market size and forecast 2024-2029 ($ billion)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
12.14 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ billion)
Data Table on France - Market size and forecast 2024-2029 ($ billion)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
12.15 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ billion)
Data Table on Japan - Market size and forecast 2024-2029 ($ billion)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
12.16 Italy - Market size and forecast 2024-2029
Chart on Italy - Market size and forecast 2024-2029 ($ billion)
Data Table on Italy - Market size and forecast 2024-2029 ($ billion)
Chart on Italy - Year-over-year growth 2024-2029 (%)
Data Table on Italy - Year-over-year growth 2024-2029 (%)
12.17 Brazil - Market size and forecast 2024-2029
Chart on Brazil - Market size and forecast 2024-2029 ($ billion)
Data Table on Brazil - Market size and forecast 2024-2029 ($ billion)
Chart on Brazil - Year-over-year growth 2024-2029 (%)
Data Table on Brazil - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ billion)
Data Tables on Market opportunity By Geographical Landscape ($ billion)
13 Drivers, Challenges, and Opportunity/Restraints
13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints
14 Competitive Landscape
14.1 Overview
14.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
Overview on factors of disruption
14.4 Industry risks
Impact of key risks on business
15 Competitive Analysis
15.1 Companies profiled
Companies covered
15.2 Company ranking index
Company ranking index
15.3 Market positioning of companies
Matrix on companies position and classification
15.4 Axis Bank Ltd.
Axis Bank Ltd. - Overview
Axis Bank Ltd. - Business segments
Axis Bank Ltd. - Key offerings
Axis Bank Ltd. - Segment focus
SWOT
15.5 Canara Bank
Canara Bank - Overview
Canara Bank - Product / Service
Canara Bank - Key offerings
SWOT
15.6 Cholamandalam Investment and Finance Co. Ltd.
Cholamandalam Investment and Finance Co. Ltd. - Overview
Cholamandalam Investment and Finance Co. Ltd. - Business segments
Cholamandalam Investment and Finance Co. Ltd. - Key offerings
Cholamandalam Investment and Finance Co. Ltd. - Segment focus
SWOT
15.7 Finbud Financial Services Pvt Ltd
Finbud Financial Services Pvt Ltd - Overview
Finbud Financial Services Pvt Ltd - Product / Service
Finbud Financial Services Pvt Ltd - Key offerings
SWOT
15.8 HDFC Bank Ltd.
HDFC Bank Ltd. - Overview
HDFC Bank Ltd. - Business segments
HDFC Bank Ltd. - Key offerings
HDFC Bank Ltd. - Segment focus
SWOT
15.9 HSBC Holdings Plc
HSBC Holdings Plc - Overview
HSBC Holdings Plc - Business segments
HSBC Holdings Plc - Key offerings
HSBC Holdings Plc - Segment focus
SWOT
15.10 ICICI Bank Ltd.
ICICI Bank Ltd. - Overview
ICICI Bank Ltd. - Business segments
ICICI Bank Ltd. - Key offerings
ICICI Bank Ltd. - Segment focus
SWOT
15.11 IDBI Bank Ltd.
IDBI Bank Ltd. - Overview
IDBI Bank Ltd. - Business segments
IDBI Bank Ltd. - Key offerings
IDBI Bank Ltd. - Segment focus
SWOT
15.12 Indian Overseas Bank
Indian Overseas Bank - Overview
Indian Overseas Bank - Product / Service
Indian Overseas Bank - Key offerings
SWOT
15.13 Mahindra and Mahindra Financial Services Ltd.
Mahindra and Mahindra Financial Services Ltd. - Overview
Mahindra and Mahindra Financial Services Ltd. - Product / Service
Mahindra and Mahindra Financial Services Ltd. - Key offerings
SWOT
15.14 Punjab National Bank
Punjab National Bank - Overview
Punjab National Bank - Business segments
Punjab National Bank - Key offerings
Punjab National Bank - Segment focus
SWOT
15.15 State Bank of India
State Bank of India - Overview
State Bank of India - Business segments
State Bank of India - Key offerings
State Bank of India - Segment focus
SWOT
15.16 UCO BANK
UCO BANK - Overview
UCO BANK - Product / Service
UCO BANK - Key offerings
SWOT
15.17 Union Bank of India
Union Bank of India - Overview
Union Bank of India - Product / Service
Union Bank of India - Key offerings
SWOT
15.18 Whizdm Innovations Pvt. Ltd.
Whizdm Innovations Pvt. Ltd. - Overview
Whizdm Innovations Pvt. Ltd. - Product / Service
Whizdm Innovations Pvt. Ltd. - Key offerings
SWOT
16 Appendix
16.1 Scope of the report
16.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
16.3 Currency conversion rates for US$
Currency conversion rates for US$
16.4 Research methodology
Research methodology
16.5 Data procurement
Information sources
16.6 Data validation
Data validation
16.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
16.8 Data synthesis
Data synthesis
16.9 360 degree market analysis
360 degree market analysis
16.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Market Segmentation by Channel
Exhibits 8: Executive Summary - Chart on Incremental Growth
Exhibits 9: Executive Summary - Data Table on Incremental Growth
Exhibits 10: Executive Summary - Chart on Company Market Positioning
Exhibits 11: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 12: Overview on criticality of inputs and factors of differentiation
Exhibits 13: Overview on factors of disruption
Exhibits 14: Impact of drivers and challenges in 2024 and 2029
Exhibits 15: Parent Market
Exhibits 16: Data Table on - Parent Market
Exhibits 17: Market characteristics analysis
Exhibits 18: Value chain analysis
Exhibits 19: Offerings of companies included in the market definition
Exhibits 20: Market segments
Exhibits 21: Chart on Global - Market size and forecast 2024-2029 ($ billion)
Exhibits 22: Data Table on Global - Market size and forecast 2024-2029 ($ billion)
Exhibits 23: Chart on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 24: Data Table on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 25: Historic Market Size - Data Table on Global Personal Loans Market 2019 - 2023 ($ billion)
Exhibits 26: Historic Market Size - Application Segment 2019 - 2023 ($ billion)
Exhibits 27: Historic Market Size - Type Segment 2019 - 2023 ($ billion)
Exhibits 28: Historic Market Size - Channel Segment 2019 - 2023 ($ billion)
Exhibits 29: Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
Exhibits 30: Historic Market Size - Country Segment 2019 - 2023 ($ billion)
Exhibits 31: Five forces analysis - Comparison between 2024 and 2029
Exhibits 32: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 33: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 34: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 35: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 36: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 37: Chart on Market condition - Five forces 2024 and 2029
Exhibits 38: Chart on Application - Market share 2024-2029 (%)
Exhibits 39: Data Table on Application - Market share 2024-2029 (%)
Exhibits 40: Chart on Comparison by Application
Exhibits 41: Data Table on Comparison by Application
Exhibits 42: Chart on Short term loans - Market size and forecast 2024-2029 ($ billion)
Exhibits 43: Data Table on Short term loans - Market size and forecast 2024-2029 ($ billion)
Exhibits 44: Chart on Short term loans - Year-over-year growth 2024-2029 (%)
Exhibits 45: Data Table on Short term loans - Year-over-year growth 2024-2029 (%)
Exhibits 46: Chart on Medium term loans - Market size and forecast 2024-2029 ($ billion)
Exhibits 47: Data Table on Medium term loans - Market size and forecast 2024-2029 ($ billion)
Exhibits 48: Chart on Medium term loans - Year-over-year growth 2024-2029 (%)
Exhibits 49: Data Table on Medium term loans - Year-over-year growth 2024-2029 (%)
Exhibits 50: Chart on Long term loans - Market size and forecast 2024-2029 ($ billion)
Exhibits 51: Data Table on Long term loans - Market size and forecast 2024-2029 ($ billion)
Exhibits 52: Chart on Long term loans - Year-over-year growth 2024-2029 (%)
Exhibits 53: Data Table on Long term loans - Year-over-year growth 2024-2029 (%)
Exhibits 54: Market opportunity by Application ($ billion)
Exhibits 55: Data Table on Market opportunity by Application ($ billion)
Exhibits 56: Chart on Type - Market share 2024-2029 (%)
Exhibits 57: Data Table on Type - Market share 2024-2029 (%)
Exhibits 58: Chart on Comparison by Type
Exhibits 59: Data Table on Comparison by Type
Exhibits 60: Chart on P2P marketplace lending - Market size and forecast 2024-2029 ($ billion)
Exhibits 61: Data Table on P2P marketplace lending - Market size and forecast 2024-2029 ($ billion)
Exhibits 62: Chart on P2P marketplace lending - Year-over-year growth 2024-2029 (%)
Exhibits 63: Data Table on P2P marketplace lending - Year-over-year growth 2024-2029 (%)
Exhibits 64: Chart on Balance sheet lending - Market size and forecast 2024-2029 ($ billion)
Exhibits 65: Data Table on Balance sheet lending - Market size and forecast 2024-2029 ($ billion)
Exhibits 66: Chart on Balance sheet lending - Year-over-year growth 2024-2029 (%)
Exhibits 67: Data Table on Balance sheet lending - Year-over-year growth 2024-2029 (%)
Exhibits 68: Market opportunity by Type ($ billion)
Exhibits 69: Data Table on Market opportunity by Type ($ billion)
Exhibits 70: Chart on Channel - Market share 2024-2029 (%)
Exhibits 71: Data Table on Channel - Market share 2024-2029 (%)
Exhibits 72: Chart on Comparison by Channel
Exhibits 73: Data Table on Comparison by Channel
Exhibits 74: Chart on Banks - Market size and forecast 2024-2029 ($ billion)
Exhibits 75: Data Table on Banks - Market size and forecast 2024-2029 ($ billion)
Exhibits 76: Chart on Banks - Year-over-year growth 2024-2029 (%)
Exhibits 77: Data Table on Banks - Year-over-year growth 2024-2029 (%)
Exhibits 78: Chart on Credit union - Market size and forecast 2024-2029 ($ billion)
Exhibits 79: Data Table on Credit union - Market size and forecast 2024-2029 ($ billion)
Exhibits 80: Chart on Credit union - Year-over-year growth 2024-2029 (%)
Exhibits 81: Data Table on Credit union - Year-over-year growth 2024-2029 (%)
Exhibits 82: Chart on Online lenders - Market size and forecast 2024-2029 ($ billion)
Exhibits 83: Data Table on Online lenders - Market size and forecast 2024-2029 ($ billion)
Exhibits 84: Chart on Online lenders - Year-over-year growth 2024-2029 (%)
Exhibits 85: Data Table on Online lenders - Year-over-year growth 2024-2029 (%)
Exhibits 86: Market opportunity by Channel ($ billion)
Exhibits 87: Data Table on Market opportunity by Channel ($ billion)
Exhibits 88: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 89: Chart on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 90: Data Table on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 91: Chart on Geographic comparison
Exhibits 92: Data Table on Geographic comparison
Exhibits 93: Chart on North America - Market size and forecast 2024-2029 ($ billion)
Exhibits 94: Data Table on North America - Market size and forecast 2024-2029 ($ billion)
Exhibits 95: Chart on North America - Year-over-year growth 2024-2029 (%)
Exhibits 96: Data Table on North America - Year-over-year growth 2024-2029 (%)
Exhibits 97: Chart on Europe - Market size and forecast 2024-2029 ($ billion)
Exhibits 98: Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
Exhibits 99: Chart on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 100: Data Table on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 101: Chart on APAC - Market size and forecast 2024-2029 ($ billion)
Exhibits 102: Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
Exhibits 103: Chart on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 104: Data Table on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 105: Chart on South America - Market size and forecast 2024-2029 ($ billion)
Exhibits 106: Data Table on South America - Market size and forecast 2024-2029 ($ billion)
Exhibits 107: Chart on South America - Year-over-year growth 2024-2029 (%)
Exhibits 108: Data Table on South America - Year-over-year growth 2024-2029 (%)
Exhibits 109: Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Exhibits 110: Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Exhibits 111: Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 112: Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 113: Chart on US - Market size and forecast 2024-2029 ($ billion)
Exhibits 114: Data Table on US - Market size and forecast 2024-2029 ($ billion)
Exhibits 115: Chart on US - Year-over-year growth 2024-2029 (%)
Exhibits 116: Data Table on US - Year-over-year growth 2024-2029 (%)
Exhibits 117: Chart on Canada - Market size and forecast 2024-2029 ($ billion)
Exhibits 118: Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
Exhibits 119: Chart on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 120: Data Table on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 121: Chart on UK - Market size and forecast 2024-2029 ($ billion)
Exhibits 122: Data Table on UK - Market size and forecast 2024-2029 ($ billion)
Exhibits 123: Chart on UK - Year-over-year growth 2024-2029 (%)
Exhibits 124: Data Table on UK - Year-over-year growth 2024-2029 (%)
Exhibits 125: Chart on India - Market size and forecast 2024-2029 ($ billion)
Exhibits 126: Data Table on India - Market size and forecast 2024-2029 ($ billion)
Exhibits 127: Chart on India - Year-over-year growth 2024-2029 (%)
Exhibits 128: Data Table on India - Year-over-year growth 2024-2029 (%)
Exhibits 129: Chart on Germany - Market size and forecast 2024-2029 ($ billion)
Exhibits 130: Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
Exhibits 131: Chart on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 132: Data Table on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 133: Chart on China - Market size and forecast 2024-2029 ($ billion)
Exhibits 134: Data Table on China - Market size and forecast 2024-2029 ($ billion)
Exhibits 135: Chart on China - Year-over-year growth 2024-2029 (%)
Exhibits 136: Data Table on China - Year-over-year growth 2024-2029 (%)
Exhibits 137: Chart on France - Market size and forecast 2024-2029 ($ billion)
Exhibits 138: Data Table on France - Market size and forecast 2024-2029 ($ billion)
Exhibits 139: Chart on France - Year-over-year growth 2024-2029 (%)
Exhibits 140: Data Table on France - Year-over-year growth 2024-2029 (%)
Exhibits 141: Chart on Japan - Market size and forecast 2024-2029 ($ billion)
Exhibits 142: Data Table on Japan - Market size and forecast 2024-2029 ($ billion)
Exhibits 143: Chart on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 144: Data Table on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 145: Chart on Italy - Market size and forecast 2024-2029 ($ billion)
Exhibits 146: Data Table on Italy - Market size and forecast 2024-2029 ($ billion)
Exhibits 147: Chart on Italy - Year-over-year growth 2024-2029 (%)
Exhibits 148: Data Table on Italy - Year-over-year growth 2024-2029 (%)
Exhibits 149: Chart on Brazil - Market size and forecast 2024-2029 ($ billion)
Exhibits 150: Data Table on Brazil - Market size and forecast 2024-2029 ($ billion)
Exhibits 151: Chart on Brazil - Year-over-year growth 2024-2029 (%)
Exhibits 152: Data Table on Brazil - Year-over-year growth 2024-2029 (%)
Exhibits 153: Market opportunity By Geographical Landscape ($ billion)
Exhibits 154: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 155: Impact of drivers and challenges in 2024 and 2029
Exhibits 156: Overview on criticality of inputs and factors of differentiation
Exhibits 157: Overview on factors of disruption
Exhibits 158: Impact of key risks on business
Exhibits 159: Companies covered
Exhibits 160: Company ranking index
Exhibits 161: Matrix on companies position and classification
Exhibits 162: Axis Bank Ltd. - Overview
Exhibits 163: Axis Bank Ltd. - Business segments
Exhibits 164: Axis Bank Ltd. - Key offerings
Exhibits 165: Axis Bank Ltd. - Segment focus
Exhibits 166: SWOT
Exhibits 167: Canara Bank - Overview
Exhibits 168: Canara Bank - Product / Service
Exhibits 169: Canara Bank - Key offerings
Exhibits 170: SWOT
Exhibits 171: Cholamandalam Investment and Finance Co. Ltd. - Overview
Exhibits 172: Cholamandalam Investment and Finance Co. Ltd. - Business segments
Exhibits 173: Cholamandalam Investment and Finance Co. Ltd. - Key offerings
Exhibits 174: Cholamandalam Investment and Finance Co. Ltd. - Segment focus
Exhibits 175: SWOT
Exhibits 176: Finbud Financial Services Pvt Ltd - Overview
Exhibits 177: Finbud Financial Services Pvt Ltd - Product / Service
Exhibits 178: Finbud Financial Services Pvt Ltd - Key offerings
Exhibits 179: SWOT
Exhibits 180: HDFC Bank Ltd. - Overview
Exhibits 181: HDFC Bank Ltd. - Business segments
Exhibits 182: HDFC Bank Ltd. - Key offerings
Exhibits 183: HDFC Bank Ltd. - Segment focus
Exhibits 184: SWOT
Exhibits 185: HSBC Holdings Plc - Overview
Exhibits 186: HSBC Holdings Plc - Business segments
Exhibits 187: HSBC Holdings Plc - Key offerings
Exhibits 188: HSBC Holdings Plc - Segment focus
Exhibits 189: SWOT
Exhibits 190: ICICI Bank Ltd. - Overview
Exhibits 191: ICICI Bank Ltd. - Business segments
Exhibits 192: ICICI Bank Ltd. - Key offerings
Exhibits 193: ICICI Bank Ltd. - Segment focus
Exhibits 194: SWOT
Exhibits 195: IDBI Bank Ltd. - Overview
Exhibits 196: IDBI Bank Ltd. - Business segments
Exhibits 197: IDBI Bank Ltd. - Key offerings
Exhibits 198: IDBI Bank Ltd. - Segment focus
Exhibits 199: SWOT
Exhibits 200: Indian Overseas Bank - Overview
Exhibits 201: Indian Overseas Bank - Product / Service
Exhibits 202: Indian Overseas Bank - Key offerings
Exhibits 203: SWOT
Exhibits 204: Mahindra and Mahindra Financial Services Ltd. - Overview
Exhibits 205: Mahindra and Mahindra Financial Services Ltd. - Product / Service
Exhibits 206: Mahindra and Mahindra Financial Services Ltd. - Key offerings
Exhibits 207: SWOT
Exhibits 208: Punjab National Bank - Overview
Exhibits 209: Punjab National Bank - Business segments
Exhibits 210: Punjab National Bank - Key offerings
Exhibits 211: Punjab National Bank - Segment focus
Exhibits 212: SWOT
Exhibits 213: State Bank of India - Overview
Exhibits 214: State Bank of India - Business segments
Exhibits 215: State Bank of India - Key offerings
Exhibits 216: State Bank of India - Segment focus
Exhibits 217: SWOT
Exhibits 218: UCO BANK - Overview
Exhibits 219: UCO BANK - Product / Service
Exhibits 220: UCO BANK - Key offerings
Exhibits 221: SWOT
Exhibits 222: Union Bank of India - Overview
Exhibits 223: Union Bank of India - Product / Service
Exhibits 224: Union Bank of India - Key offerings
Exhibits 225: SWOT
Exhibits 226: Whizdm Innovations Pvt. Ltd. - Overview
Exhibits 227: Whizdm Innovations Pvt. Ltd. - Product / Service
Exhibits 228: Whizdm Innovations Pvt. Ltd. - Key offerings
Exhibits 229: SWOT
Exhibits 230: Inclusions checklist
Exhibits 231: Exclusions checklist
Exhibits 232: Currency conversion rates for US$
Exhibits 233: Research methodology
Exhibits 234: Information sources
Exhibits 235: Data valid

Executive Summary

The following companies are recognized as the key players in the global personal loans market: Axis Bank Ltd., Bajaj Finserv Ltd., Canara Bank, Cholamandalam Investment and Finance Co. Ltd., Citigroup Inc., Finbud Financial Services Pvt Ltd, HDFC Bank Ltd., HSBC Holdings PLC, ICICI Bank Ltd., IDBI Bank Ltd., Indian Overseas Bank, Mahindra and Mahindra Financial Services Ltd., PPF Group, Punjab National Bank, State Bank of India, Tata Sons Pvt. Ltd., UCO BANK, Union Bank of India, Whizdm Innovations Pvt. Ltd., and Yes Bank Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rise in adoption of cloud-based personal loan servicing software offerings."

According to the report, one of the major drivers for this market is the use of advanced technologies in loan process.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Axis Bank Ltd.
  • Bajaj Finserv Ltd.
  • Canara Bank
  • Cholamandalam Investment and Finance Co. Ltd.
  • Citigroup Inc.
  • Finbud Financial Services Pvt Ltd
  • HDFC Bank Ltd.
  • HSBC Holdings Plc
  • ICICI Bank Ltd.
  • IDBI Bank Ltd.
  • Indian Overseas Bank
  • Mahindra and Mahindra Financial Services Ltd.
  • PPF Group
  • Punjab National Bank
  • State Bank of India
  • Tata Sons Pvt. Ltd.
  • UCO BANK
  • Union Bank of India
  • Whizdm Innovations Pvt. Ltd.
  • Yes Bank Ltd.