Product Code: A68827
According to a new report published by Allied Market Research, titled, "Consumer Credit Market," The consumer credit market was valued at $11.8 billion in 2022, and is estimated to reach $24.3 billion by 2032, growing at a CAGR of 7.8% from 2023 to 2032.
Increasing demand for loans from individuals and small businesses and numerous benefits provided by consumer lenders are boosting the growth of the global consumer credit market. in addition, the increase in use of digital transformation technology the positively impacts growth of the consumer credit market. However, changes in interest rates and regulatory constraints and lack of security and privacy issues are hampering consumer credit market growth. On the contrary, expansion of the Internet and growth in adoption of smartphones are expected to offer remunerative opportunities for the expansion of the consumer credit market during the forecast period.
The consumer credit market is segmented on the basis of credit type, payment method, Issuers, and region. On the basis of credit type, the market is categorized into revolving credits, and non-revolving credits. On the basis of payment method, the market is fragmented into Direct Deposit, Debit Card, and Others. On the basis of issuers, the market is segmented into banks, NBFC, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players that operate in the consumer credit market are Bank of America, Barclays, China Construction Bank, Citigroup, Deutsche Bank, HSBC, Industrial and Commercial Bank of China (ICBC), JPMorgan Chase, Mitsubishi UFJ Financial, and Wells Fargo. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Key Benefits for Stakeholders
- The study provides an in-depth analysis of the global fraud management in banking market forecast along with the current and future trends to explain the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on global fraud management in banking market trend is provided in the report.
- The Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
- The quantitative analysis of the market from 2023 to 2032 is provided to determine the market potential.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- End user preferences and pain points
- Product Life Cycles
- Consumer Preference and Product Specifications
- Go To Market Strategy
- New Product Development/ Product Matrix of Key Players
- Expanded list for Company Profiles
- Market share analysis of players at global/region/country level
- SWOT Analysis
Key Market Segments
By Issuers
By Credit Type
- Revolving Credits
- Non-Revolving Credits
By Payment Method
- Direct Deposit
- Debit Card
- Others
By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players:
- Barclays Bank Plc
- China Construction Bank
- Deutsche Bank AG
- HSBC
- Mitsubishi UFJ Financial Group,Inc.
- Citigroup
- JPMorgan Chase & Co
- Wells Fargo
- Bank of America Corporation
- Industrial and Commercial Bank of China (ICBCFS) Financial Services LLC
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Increase in demand for loans from individuals and small businesses
- 3.4.1.2. Numerous benefits provided by consumer lenders
- 3.4.1.3. Increase in use of digital transformation technology
- 3.4.2. Restraints
- 3.4.2.1. Changes in interest rates and regulatory constraints
- 3.4.2.2. Lack of Security and Privacy Issues
- 3.4.3. Opportunities
- 3.4.3.1. Expansion of the Internet and growth in adoption of smartphones
CHAPTER 4: CONSUMER CREDIT MARKET, BY CREDIT TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Revolving Credits
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Non-Revolving Credits
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
CHAPTER 5: CONSUMER CREDIT MARKET, BY PAYMENT METHOD
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Direct Deposit
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Debit Card
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Others
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
CHAPTER 6: CONSUMER CREDIT MARKET, BY ISSUERS
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Banks
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. NBFCs
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Others
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
CHAPTER 7: CONSUMER CREDIT MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Credit Type
- 7.2.3. Market size and forecast, by Payment Method
- 7.2.4. Market size and forecast, by Issuers
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Market size and forecast, by Credit Type
- 7.2.5.1.2. Market size and forecast, by Payment Method
- 7.2.5.1.3. Market size and forecast, by Issuers
- 7.2.5.2. Canada
- 7.2.5.2.1. Market size and forecast, by Credit Type
- 7.2.5.2.2. Market size and forecast, by Payment Method
- 7.2.5.2.3. Market size and forecast, by Issuers
- 7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Credit Type
- 7.3.3. Market size and forecast, by Payment Method
- 7.3.4. Market size and forecast, by Issuers
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. UK
- 7.3.5.1.1. Market size and forecast, by Credit Type
- 7.3.5.1.2. Market size and forecast, by Payment Method
- 7.3.5.1.3. Market size and forecast, by Issuers
- 7.3.5.2. Germany
- 7.3.5.2.1. Market size and forecast, by Credit Type
- 7.3.5.2.2. Market size and forecast, by Payment Method
- 7.3.5.2.3. Market size and forecast, by Issuers
- 7.3.5.3. France
- 7.3.5.3.1. Market size and forecast, by Credit Type
- 7.3.5.3.2. Market size and forecast, by Payment Method
- 7.3.5.3.3. Market size and forecast, by Issuers
- 7.3.5.4. Italy
- 7.3.5.4.1. Market size and forecast, by Credit Type
- 7.3.5.4.2. Market size and forecast, by Payment Method
- 7.3.5.4.3. Market size and forecast, by Issuers
- 7.3.5.5. Spain
- 7.3.5.5.1. Market size and forecast, by Credit Type
- 7.3.5.5.2. Market size and forecast, by Payment Method
- 7.3.5.5.3. Market size and forecast, by Issuers
- 7.3.5.6. Rest of Europe
- 7.3.5.6.1. Market size and forecast, by Credit Type
- 7.3.5.6.2. Market size and forecast, by Payment Method
- 7.3.5.6.3. Market size and forecast, by Issuers
- 7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Credit Type
- 7.4.3. Market size and forecast, by Payment Method
- 7.4.4. Market size and forecast, by Issuers
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Market size and forecast, by Credit Type
- 7.4.5.1.2. Market size and forecast, by Payment Method
- 7.4.5.1.3. Market size and forecast, by Issuers
- 7.4.5.2. Japan
- 7.4.5.2.1. Market size and forecast, by Credit Type
- 7.4.5.2.2. Market size and forecast, by Payment Method
- 7.4.5.2.3. Market size and forecast, by Issuers
- 7.4.5.3. India
- 7.4.5.3.1. Market size and forecast, by Credit Type
- 7.4.5.3.2. Market size and forecast, by Payment Method
- 7.4.5.3.3. Market size and forecast, by Issuers
- 7.4.5.4. South Korea
- 7.4.5.4.1. Market size and forecast, by Credit Type
- 7.4.5.4.2. Market size and forecast, by Payment Method
- 7.4.5.4.3. Market size and forecast, by Issuers
- 7.4.5.5. Australia
- 7.4.5.5.1. Market size and forecast, by Credit Type
- 7.4.5.5.2. Market size and forecast, by Payment Method
- 7.4.5.5.3. Market size and forecast, by Issuers
- 7.4.5.6. Rest of Asia-Pacific
- 7.4.5.6.1. Market size and forecast, by Credit Type
- 7.4.5.6.2. Market size and forecast, by Payment Method
- 7.4.5.6.3. Market size and forecast, by Issuers
- 7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Credit Type
- 7.5.3. Market size and forecast, by Payment Method
- 7.5.4. Market size and forecast, by Issuers
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Latin America
- 7.5.5.1.1. Market size and forecast, by Credit Type
- 7.5.5.1.2. Market size and forecast, by Payment Method
- 7.5.5.1.3. Market size and forecast, by Issuers
- 7.5.5.2. Middle East
- 7.5.5.2.1. Market size and forecast, by Credit Type
- 7.5.5.2.2. Market size and forecast, by Payment Method
- 7.5.5.2.3. Market size and forecast, by Issuers
- 7.5.5.3. Africa
- 7.5.5.3.1. Market size and forecast, by Credit Type
- 7.5.5.3.2. Market size and forecast, by Payment Method
- 7.5.5.3.3. Market size and forecast, by Issuers
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product mapping of top 10 player
- 8.4. Competitive dashboard
- 8.5. Competitive heatmap
- 8.6. Top player positioning, 2022
CHAPTER 9: COMPANY PROFILES
- 9.1. Bank of America Corporation
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
- 9.2. Barclays Bank Plc
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.2.7. Key strategic moves and developments
- 9.3. China Construction Bank
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
- 9.4. Citigroup
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
- 9.4.7. Key strategic moves and developments
- 9.5. Deutsche Bank AG
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
- 9.6. HSBC
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.6.7. Key strategic moves and developments
- 9.7. Industrial and Commercial Bank of China (ICBCFS) Financial Services LLC
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.8. JPMorgan Chase & Co
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
- 9.9. Mitsubishi UFJ Financial Group,Inc.
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.10. Wells Fargo
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance