Global P2P Lending Market Trends Discussed by Ian Youngman in New Research Study Published at MarketPublishers.com
12 Jun 2014 • by Natalie Aster
LONDON – To date, P2P lending is becoming an extremely popular way of financing projects, business ideas, and personal loans via small contributions from a great number of each individual person. By 2016–end, the peer-to-peer (P2P) market is likely to be valued at £5 billion (just over USD 8.4 billion) in the UK, £20 billion (around USD 33.64 billion) in the USA and globally – £40 billion (nearly USD 67.28 billion). Over the next 10 years, the world P2P industry is poised to grow at a fast pace and reach £0.59 trillion (around USD 1 trillion) by 2025.
The legal position of P2P lending is cloudy in a wide range of countries and whilst some states aim for legalising and encouraging it, legislative authorities in certain places have done their best to kill it despite it possibly being legal. There exist hundreds of platforms, with several having gone multicountry. In 2020, it will be the prevailing trend among individuals and businesses to get in contact with lenders via P2P websites and market-wide platforms, enabling them to lend money whilst bypassing traditional banking institutions. Besides different financial returns, investors can also enjoy the benefits of having contributed to the realisation of an idea they truly believe in.
New research study “Peer2peer lending global facts and figures 2014” drawn up by Ian Youngman provides comprehensive coverage and detailed analysis of the peer-to-peer lending marketplace. The market research report gives an all-round overview of the market size and opportunities, discusses different types of loans, explains how it all works, provides insight on major benefits and arising problems, uncovers background information, as well as peeps into the market’s future. It reviews in detail 59 countries, with each profile including authoritative information about regulators, regulatory frameworks, oncoming alterations to these regulations, first platform, other platforms, and failed platforms.
Peer2peer lending global facts and figures 2014
Published: June, 2014
Price: US$ 1,680.00
Other Topical Research Studies by Ian Youngman:
- How banks, professional investors and finance groups can make money from European peer-to-peer ending
- International and Expatriate Healthcare and Insurance 2014
More new market research reports by the publisher can be found at Ian Youngman page.