The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033
LONDON, GREATER LONDON, UK, February 5, 2024 /EINPresswire.com/ -- The Business Research Company’s “Microlending Global Market Report 2024 is a comprehensive source of information that covers every facet of the market. As per TBRC’s market forecast, the microlending market size is predicted to reach $345.4 billion in 2028 at a compound annual growth rate (CAGR) of 12.6%.
The growth in the microlending market is due to the rising need for micro-lending among end-users, including micro-enterprises and small enterprises. Asia-Pacific region is expected to hold the largest microlending market share. Major players in the microlending market include Larsen and Toubro Ltd., ICICI Bank Ltd., Bajaj Finserv Ltd., HDB Financial Services Ltd., Bandhan Bank Ltd., LendingClub Corporation.
Microlending Market Segments
•By Provider: Banks, Micro Finance Institute (MFI), NBFC (Non-Banking Financial Institutions), Other Provider
•By End-User: Small Enterprises, Micro Enterprises, Solo entrepreneurs And self-employed
•By Geography: The global microlending market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Learn More On The Market By Requesting A Free Sample (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=9366&type=smp
Microlending refers to microfinance that supports enterprises by lending small amounts for business expansion. The primary advantage of microlending is that it allows borrowers to take loan who do not have the sufficient assets to act as a guarantee or simply do not want to risk their assets.
Read More On The Microlending Global Market Report At:
https://www.thebusinessresearchcompany.com/report/microlending-global-market-report
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Microlending Market Characteristics
3. Microlending Market Trends And Strategies
4. Microlending Market – Macro Economic Scenario
5. Microlending Market Size And Growth
……
27. Microlending Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Market
29. Microlending Market Future Outlook and Potential Analysis
30. Appendix
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