Fintech Market: By Service Type By Technology By End User and Region

Fintech Market Size, Share, Growth, Trends, and Global Industry Analysis: By Service Type (Payments, Wealth Management, Insurance, Personal Loans, Personal Finance, Fund Transfer, Others) By Technology (Mobile Commerce And Transfers, Robotic Process Automation, Data Analytics, Others) By End User (Payment Processors, Securities Brokerages and Investment Firms, Banks, Non-Banking Financial Companies and Others) and Region

Fintech market size was valued at US$ 112,240.5 million in 2023 and is poised to grow at 18.2% CAGR from 2024-2030. Increased use of mobile payment technology, implementation of blockchain technology, and big tech companies providing peripheral financial services to their existing offerings, without going into full-stack banking act as the drivers. A few factors act as restraints, data loss, data breaches, malware injection, hacking of accounts, and abuse of cloud services. The Internet revolution and the mobile Internet/smartphone revolution, however, financial technology has grown explosively providing multiple opportunities. The market report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market.  

Fintech Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

18.2%

Largest Market

North America

Fastest Growing Market

Asia-Pacific

Fintech Market Dynamics

It is noticed that the global fintech market has a significant market growth rate on perspective of market capitalization. When fintech emerged in the 21st Century, the term was initially applied to the technology employed at the back-end systems of established financial institutions. Since then, however, there has been a shift to more consumer-oriented services and therefore a more consumer-oriented definition. Fintech now includes different sectors and industries such as education, retail banking, fundraising and nonprofit, and investment management to name a few. Fintech also includes the development and use of crypto-currencies such as bitcoin.

Fintech Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 112,240.5 million

Market CAGR

18.2%

By Service Type

  • Payments
  • Wealth Management
  • Insurance
  • Personal Loans
  • Personal Finance
  • Fund Transfer
  • Others

By Technology

  • Mobile Commerce And Transfers
  • Robotic Process Automation
  • Data Analytics
  • Others

By End User

  • Payment Processors
  • Securities Brokerages and Investment Firms
  • Banks
  • Non-Banking Financial Companies
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Key Features of the Report

  • The fintech market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market.

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Frequently Asked Questions

The fintech market size was valued at US$ 112,240.5 million in 2023 and is poised to grow at 18.2% CAGR from 2024-2030

Robinhood,Ant Financial, Paytm, Shanghai Lujiazui International Financial Asset Exchange, Oscar Insurance Corporation, Credit Karma, Kabbage, Atom Bank, Onfido, Uipath

North America is the fastest-growing region for fintech market

1. Executive Summary
2. Global Fintech Market Introduction
2.1. Global Fintech Market – Taxonomy
2.2. Global Fintech Market – Definitions
2.2.1. Service Type
2.2.2. Technology
2.2.3. End User
3. Global Fintech Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Fintech Market Dynamic Factors - Impact Analysis
3.6. Global Fintech Market – Competition Landscape
4. Global Fintech Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Fintech Market, By Service Type, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
5.1. Payments
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Wealth Management
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Insurance
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Personal Loans
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Personal Finance
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
5.6. Fund Transfer
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.6.3. Market Opportunity Analysis
5.7. Others
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.7.3. Market Opportunity Analysis
6. Global Fintech Market Forecast, By Technology, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
6.1. Mobile Commerce And Transfers
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Robotic Process Automation
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Data Analytics
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Others
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
7. Global Fintech Market Forecast, By Application, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
7.1. Payment Processors
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Securities Brokerages And Investment Firms
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Banks
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Non-Banking Financial Companies
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Others
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
8. Global Fintech Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Fintech Market - Opportunity Analysis Index, By Service Type, Technology, Application, End User and Region, 2024 – 2030
9. North America Fintech Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
9.1. Service Type Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Payments
9.1.2. Wealth Management
9.1.3. Insurance
9.1.4. Personal Loans
9.1.5. Personal Finance
9.1.6. Fund Transfer
9.1.7. Others
9.2. Technology Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Mobile Commerce And Transfers
9.2.2. Robotic Process Automation
9.2.3. Data Analytics
9.2.4. Others
9.3. Application Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. Payment Processors
9.3.2. Securities Brokerages And Investment Firms
9.3.3. Banks
9.3.4. Non-Banking Financial Companies
9.3.5. Others
9.4. Country Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Fintech Market - Opportunity Analysis Index, By Service Type, Technology, Application and Country, 2024 – 2030
9.6. North America Fintech Market Dynamics – Trends
10. Europe Fintech Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
10.1. Service Type Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Payments
10.1.2. Wealth Management
10.1.3. Insurance
10.1.4. Personal Loans
10.1.5. Personal Finance
10.1.6. Fund Transfer
10.1.7. Others
10.2. Technology Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Mobile Commerce And Transfers
10.2.2. Robotic Process Automation
10.2.3. Data Analytics
10.2.4. Others
10.3. Application Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Payment Processors
10.3.2. Securities Brokerages And Investment Firms
10.3.3. Banks
10.3.4. Non-Banking Financial Companies
10.3.5. Others
10.4. Country Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Poland
10.4.8. Rest of Europe
10.5. Europe Fintech Market - Opportunity Analysis Index, By Service Type, Technology, Application and Country, 2024 – 2030
10.6. Europe Fintech Market Dynamics – Trends
11. Asia-Pacific Fintech Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
11.1. Service Type Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Payments
11.1.2. Wealth Management
11.1.3. Insurance
11.1.4. Personal Loans
11.1.5. Personal Finance
11.1.6. Fund Transfer
11.1.7. Others
11.2. Technology Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Mobile Commerce And Transfers
11.2.2. Robotic Process Automation
11.2.3. Data Analytics
11.2.4. Others
11.3. Application Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Payment Processors
11.3.2. Securities Brokerages And Investment Firms
11.3.3. Banks
11.3.4. Non-Banking Financial Companies
11.3.5. Others
11.4. Country Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Fintech Market - Opportunity Analysis Index, By Service Type, Technology, Application and Country, 2024 – 2030
11.6. Asia-Pacific Fintech Market Dynamics – Trends
12. Latin America Fintech Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
12.1. Service Type Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Payments
12.1.2. Wealth Management
12.1.3. Insurance
12.1.4. Personal Loans
12.1.5. Personal Finance
12.1.6. Fund Transfer
12.1.7. Others
12.2. Technology Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Mobile Commerce And Transfers
12.2.2. Robotic Process Automation
12.2.3. Data Analytics
12.2.4. Others
12.3. Application Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Payment Processors
12.3.2. Securities Brokerages And Investment Firms
12.3.3. Banks
12.3.4. Non-Banking Financial Companies
12.3.5. Others
12.4. Country Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Fintech Market - Opportunity Analysis Index, By Service Type, Technology, Application and Country, 2024 – 2030
12.6. Latin America Fintech Market Dynamics – Trends
13. Middle East and Africa Fintech Market Analysis, 2019 - 2023 and Forecast, 2024 – 2030 (Revenue, USD Mn)
13.1. Service Type Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Payments
13.1.2. Wealth Management
13.1.3. Insurance
13.1.4. Personal Loans
13.1.5. Personal Finance
13.1.6. Fund Transfer
13.1.7. Others
13.2. Technology Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Mobile Commerce And Transfers
13.2.2. Robotic Process Automation
13.2.3. Data Analytics
13.2.4. Others
13.3. Application Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Payment Processors
13.3.2. Securities Brokerages And Investment Firms
13.3.3. Banks
13.3.4. Non-Banking Financial Companies
13.3.5. Others
13.4. Country Analysis 2019 - 2023 and Forecast 2024 – 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Fintech Market - Opportunity Analysis Index, By Service Type, Technology, Application, End User and Country, 2024 – 2030
13.6. MEA Fintech Market Dynamics – Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Service Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Robinhood
14.2.2. Ant Financial
14.2.3. Paytm
14.2.4. Shanghai Lujiazui International Financial Asset Exchange
14.2.5. Oscar Insurance Corporation
14.2.6. Credit Karma
14.2.7. Kabbage
14.2.8. Atom Bank
14.2.9. Onfido
14.2.10. Uipath
15. Research Methodology
16. Key Assumptions and Acronyms

Key Market Players

  • Robinhood
  • Ant Financial
  • Paytm
  • Shanghai Lujiazui International Financial Asset Exchange
  • Oscar Insurance Corporation
  • Credit Karma
  • Kabbage
  • Atom Bank
  • Onfido
  • Uipath

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