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市場調査レポート
商品コード
1374177
ローン組成ソフトウェアの世界市場規模、シェア、産業動向分析レポート:コンポーネント別、展開形態別、エンドユーザー別、地域別展望および予測、2023年~2030年Global Loan Origination Software Market Size, Share & Industry Trends Analysis Report By Component (Solution, and Service), By Deployment Mode (On-premise, and Cloud), By End-User, By Regional Outlook and Forecast, 2023 - 2030 |
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ローン組成ソフトウェアの世界市場規模、シェア、産業動向分析レポート:コンポーネント別、展開形態別、エンドユーザー別、地域別展望および予測、2023年~2030年 |
出版日: 2023年09月30日
発行: KBV Research
ページ情報: 英文 247 Pages
納期: 即納可能
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ローン組成ソフトウェア市場規模は2030年までに100億米ドルに達し、予測期間中にCAGR 10.5%の市場成長率で上昇すると予測されます。
KBV Cardinalのマトリックスに掲載された分析によると、ICE Mortgage Technology, Inc.が同市場の先駆者です。2023年7月、ICE Mortgage Technology, Inc.はElectronic Appraisal Solutions, Inc.と提携しました。この提携により、住宅ローン業界の利害関係者は、担保評価関連のあらゆる製品やサービスに効率的にアクセスできるようになります。Software Advice, Inc.、Floify LLC、LendingPad Corp.などの企業は、同市場における主要なイノベーターです。
市場成長要因
ブロックチェーン、AI、機械学習技術の採用拡大
AI、ML、ブロックチェーン技術の採用拡大がローン組成ソフトウェア市場に大きな影響を与え、貸し手がローンを評価、処理、管理する方法を変革しています。これらの技術進歩は、効率性、精度、安全性を高め、ローン組成ソフトウェアの市場成長を後押ししています。AIとMLはリスク評価を最適化し、貸し手が十分な情報に基づいた意思決定を行えるようにする一方、ブロックチェーンは借り手の機密情報の完全性とセキュリティを確保します。これにより、融資サイクルが加速し、エラー、詐欺、コンプライアンス違反の確率が低下します。そのため、融資プロセス全体の効率性、正確性、安全性を高めるAI、ML、ブロックチェーン技術の利用が拡大しており、ローン組成ソフトウェア市場の成長を後押ししています。
顧客体験の向上
急速な変化を遂げつつある金融情勢において、消費者は借り入れの全行程を通じて合理的で便利、かつカスタマイズされたエクスペリエンスを求めています。自動化とAI主導のツールをローン組成プロセスに組み込むことで、申請処理とリスク評価が大幅に加速しています。その結果、消費者は迅速な承認、迅速な支払い、エラー率の低下を経験し、融資機関に対する信頼感を高めています。これらのプラットフォームは、手軽さ、パーソナライゼーション、効率性、安全性を提供することで、借入を前向きで効果的かつ安全な体験に変えます。顧客の期待が進化し続ける中、ローン組成ソフトウェアの市場はダイナミックであり続けなければならず、革新的なテクノロジーを取り入れてこれらの期待を上回り、市場を常に前進させなければならないです。
市場抑制要因
コンプライアンスとデータ・セキュリティの問題
金融取引や機密情報が電子的に処理されることが主流となった今日のデジタル情勢では、顧客データのセキュリティと機密性を保証することが最も重要です。とはいえ、ローンの組成には、個人情報や財務情報など、影響を受けやすいデータの取得、保存、送信を伴う。加えて、データ・セキュリティに対する利用者の意識の高まりから、顧客はオンラインで個人情報を公開することに不安を感じています。この慎重さはローンの申し込みや金融取引にも及んでおり、借入希望者はデータ・セキュリティを優先する金融機関を探すようになっています。データ・セキュリティとコンプライアンスに対する懸念が、ローン組成ソフトウェア市場の拡大を大幅に遅らせています。
コンポーネントの展望
コンポーネント別に見ると、市場はソリューションとサービスに二分されます。2022年には、ソリューション・セグメントが最大の収益シェアを獲得して市場を独占しました。LOS市場におけるソリューションセグメントの成長は、金融機関のニーズの進化、規制要件、技術の進歩に直接結びついています。金融機関がローン組成プロセスの迅速化、効率化、コンプライアンス遵守を求める中、包括的で適応性の高いLOSソリューションに対する需要は今後も拡大し続けると思われます。ローン組成ソフトウェア市場は、銀行、信用組合、住宅ローン業者、オンライン融資プラットフォームなど、様々な金融機関のニーズに合わせた様々なソリューションを提供しています。これらのソリューションは、機能、拡張性、導入オプション(オンプレミスまたはクラウドベース)に関して様々です。ローン組成ソフトウェア・ソリューションには、幅広い機能と特徴があります。
展開モードの展望
導入形態別に見ると、市場はオンプレミスとクラウドに分類されます。2022年の市場では、クラウド・セグメントがかなりの収益シェアを占めています。クラウド技術の採用は、金融機関がローン組成プロセスを合理化し、急速に進化する市場で競争力を維持するために必要な柔軟性、コスト効率、高度な機能を提供することで、ローン組成ソフトウェア市場の拡大を促進すると考えられます。クラウドベースのローン組成ソフトウェアは、金融機関のニーズに応じて簡単にスケールアップやスケールダウンが可能です。この柔軟性により、銀行や融資機関は多額のインフラ投資を行うことなく、融資実行量の変動に対応することができます。クラウドベースのローン組成ソフトウェアは、オンライン申請フォーム、書類のアップロード、リアルタイムのステータス更新を提供することで、顧客体験を向上させることができます。
エンドユーザーの展望
エンドユーザーに基づき、市場は銀行、信用組合、住宅ローン貸し手・仲介業者、NBFC、その他に分類されます。2022年の市場では、信用組合セグメントが突出した収益シェアを予測しています。ローン組成ソフトウェア(LOS)は、信用組合のローン組成プロセスの自動化とデジタル化を支援し、手作業による事務処理と管理作業を削減します。この自動化によって業務効率とコスト削減が進み、信用組合はリソースをより効果的に配分できるようになります。信用組合の会員は、便利で迅速な融資承認プロセスを期待しています。LOSソリューションにより、信用組合は迅速な融資決定とシームレスな申込体験を提供でき、組合員の満足度と維持率を高めることができます。信用組合における融資実行ソフトウェアの導入は、その規模、予算、戦略的優先事項によって異なる可能性があります。
地域別展望
地域別に見ると、市場は北米、欧州、アジア太平洋、LAMEAで分析されます。2022年には、アジア太平洋地域が市場で大きな収益シェアを獲得しました。この拡大は、同地域で中小企業(SME)やeコマースが急増し、ビジネスローンの需要が拡大したためと考えられます。オンライン金融業者やフィンテック・プラットフォームは、ローン組成手順を簡素化したローン組成ソフトウェアのニーズを満たしています。所得水準の上昇、都市化、新興中産階級の台頭の結果、アジア太平洋地域は世界で最も急速に経済が成長している地域でもあります。経済が拡大するにつれ、住宅ローン、個人ローン、商業ローンの組成ソフトウェアに対する需要も拡大しています。
The Global Loan Origination Software Market size is expected to reach $10.0 billion by 2030, rising at a market growth of 10.5% CAGR during the forecast period.
Banks use loan origination software to automate and streamline the loan application and approval process. Therefore, the banks segment is poised to acquire more than 43% share of the market by 2030. This helps reduce manual tasks, lowers operational costs, and accelerates the time to approve and disburse loans. Banks often require customized LOS solutions to meet their lending criteria and processes. Loan origination software can be tailored to align with the bank's lending policies and business objectives. The bank segment is a significant player in the loan origination software market and plays a crucial role in the lending industry. Banks use loan origination software (LOS) to streamline and automate the process of originating, underwriting, and managing loans.
The major strategies followed by the market participants are Partnerships as the key developmental strategy in order to keep pace with the changing demands of end users. In November, 2022, LendingPad Corp. formed a partnership with Shape Software, Inc to provide comprehensive LOS and CRM solutions for larger broker clients. Additionally, In September, 2023, Floify LLC teamed up with Wolters Kluwer N.V. to utilize the features offered by Wolters Kluwer's original product suite.
Based on the Analysis presented in the KBV Cardinal matrix; ICE Mortgage Technology, Inc. is the forerunner in the Market. In July, 2023, ICE Mortgage Technology, Inc. partnered with Electronic Appraisal Solutions, Inc. Through this partnership, mortgage industry stakeholders would be provided with efficient access to every single collateral valuation-related product and service. Companies such as Software Advice, Inc., Floify LLC, LendingPad Corp. are some of the key innovators in the Market.
Market Growth Factors
Growing Adoption of Blockchain, AI, and Machine Learning Technologies
The increased adoption of AI, ML, and blockchain technology significantly impacts the loan origination software market, transforming how lenders evaluate, process, and manage loans. These technological advances have increased efficiency, precision, and security, propelling the market growth for loan origination software. AI and ML optimize risk assessment, allowing lenders to make informed decisions, while blockchain ensures the integrity and security of sensitive borrower information. This accelerates the lending cycle and reduces the probability of errors, fraud, and compliance violations. Therefore, the growing use of AI, ML, and blockchain technology, which encourages efficiency, accuracy, and security across the lending process, is fueling the growth of the loan origination software market.
Enhanced Customer Experience
In a financial landscape that is undergoing rapid change, consumers demand streamlined, convenient, and customized experiences throughout the entire borrowing journey. Incorporating automation and AI-driven tools into loan origination processes has significantly accelerated the application processing and risk assessment. As a result, consumers experience quicker approvals, fast disbursals, and lower error rates, boosting their confidence in the lending institution. These platforms transform borrowing into a positive, effective, and secure experience by offering ease, personalization, efficiency, and security. As customer expectations continue to evolve, the market for loan origination software must remain dynamic, incorporating innovative technologies to exceed these expectations and propel the market forward consistently.
Market Restraining Factors
Issues About Compliance and Data Security
Nowadays, in the digital landscape, where financial transactions and sensitive information are predominantly processed electronically, assuring the security and confidentiality of customer data is of the utmost importance. Nonetheless, loan origination involves acquiring, storing, and transmitting susceptible data, such as personal and financial information. In addition, customers are worried about exposing their personal information online due to increased user awareness of data security. This prudence extends to loan applications and financial transactions, causing prospective borrowers to seek out lenders that prioritize data security. Concerns about data security and compliance have substantially slowed the expansion of the loan origination software market.
Component Outlook
On the basis of component, the market is bifurcated into solution and service. In 2022, the solution segment dominated the market with maximum revenue share. The growth of the solution segment in the LOS market is directly tied to the evolving needs of lenders, regulatory requirements, and technological advancements. As financial institutions seek to provide faster, more efficient, and compliant loan origination processes, the demand for comprehensive and adaptable LOS solutions will continue to grow. The loan origination software market offers a range of solutions tailored to the needs of various financial institutions, including banks, credit unions, mortgage lenders, and online lending platforms. These solutions can vary regarding features, scalability, and deployment options (on-premises or cloud-based). Loan origination software solutions come with a wide array of features and functionalities.
Deployment Mode Outlook
By deployment mode, the market is categorized into on-premise and cloud. The cloud segment covered a considerable revenue share in the market in 2022. The adoption of cloud technology will likely fuel the expansion of the loan origination software market by providing financial institutions with the flexibility, cost-efficiency, and advanced capabilities needed to streamline their loan origination processes and stay competitive in a rapidly evolving market. Cloud-based loan origination software can easily scale up or down based on the needs of financial institutions. This flexibility allows banks and lending organizations to handle fluctuations in loan origination volume without significant infrastructure investments. Cloud-based loan origination software can enhance the customer experience by offering online application forms, document uploads, and real-time status updates.
End-User Outlook
Based on end-user, the market is classified into banks, credit unions, mortgage lenders & brokers, NBFCs, and others. The credit unions segment projected a prominent revenue share in the market in 2022. Loan origination software (LOS) helps credit unions automate and digitize their loan origination processes, reducing manual paperwork and administrative tasks. This automation increases operational efficiency and cost savings, allowing credit unions to allocate resources more effectively. Members of credit unions expect convenient and fast loan approval processes. LOS solutions enable credit unions to offer quicker loan decisions and a seamless application experience, enhancing member satisfaction and retention. Adopting loan origination software among credit unions may vary depending on their size, budget, and strategic priorities.
Regional Outlook
Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region acquired a significant revenue share in the market. This expansion can be ascribed to the surge in small and medium-sized businesses (SMEs) and e-commerce in the region, which has expanded demand for business loans. Online lenders and fintech platforms are filling the need for loan origination software with simplified loan origination procedures. As a result of rising income levels, urbanization, and a developing middle class, the Asia-Pacific region is also associated with some of the fastest-growing economies in the world. As economies expand, so does the demand for mortgage, personal, and commercial loan origination software.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Finastra Group Holdings Limited (Vista Equity Partners), Software Advice, Inc. (Gartner, Inc.), Floify LLC (Porch Group, Inc.), Bryt Software LCC, LendingPad Corporation, ICE Mortgage Technology, Inc. (Intercontinental Exchange, Inc.), Nelito Systems Pvt. Ltd., LoanPro Software, LLC, TurnKey Lender Inc., and nCino, Inc.
Recent Strategies Deployed in Loan Origination Software Market
Partnerships, Collaborations, and Agreements:
Sep-2023: Floify LLC teamed up with Wolters Kluwer N.V., an information services company, to utilize the features offered by Wolters Kluwer's original product suite. This partnership would offer Floify customers a digital e-closing capability, enabling digital signatures as an alternative to the traditional wet-signing approach.
Jul-2023: ICE Mortgage Technology, Inc. partnered with Electronic Appraisal Solutions, Inc., also known as Valligent, a company that offers appraisal, compliance solutions, and valuation services to integrate its offerings with Valligent's platform. Through the partnership, mortgage industry stakeholders would be provided with efficient access to every single collateral valuation-related product and service.
Dec-2022: LendingPad Corp. signed an integration partnership with Mortech, a Zillow Group business, product, and pricing engine. LendingPad's loan origination software users would have the capability to effortlessly access up-to-date and precise mortgage rates from Mortech's product and pricing engine directly through the platform, eliminating the requirement for manual data input. This enhancement would result in time savings for loan officers, as data transfer would be seamless, and it would enhance the locking process by granting access to real-time and historical pricing information within the LendingPad platform, offering greater visibility.
Nov-2022: LendingPad Corp. formed a partnership with Shape Software, Inc., a customer relationship management (CRM) platform, to provide comprehensive LOS and CRM solutions for larger broker clients. This seamless integration between LendingPad and Shape eliminates the need for manual data entry regarding borrower information and ensures that critical loan data and statuses remain synchronized.
Sep-2022: LendingPad Corp. came into partnership with Lender Price., a mortgage loan pricing technology provider, to integrate its offerings with Lender Price's portfolio. Through this partnership, loan officers would have the opportunity to consolidate the complex loan origination process. This would enable them to access both product eligibility information and competitive pricing analysis within a single application, all seamlessly integrated through the LendingPad system.
Sep-2022: LoanPro Software, LLC partnered with Anovaa, a next-generation consumer loan origination platform, to provide end-to-end loan servicing & and loan origination solutions. This partnership would provide users of LoanPro and Anovaa with full command over the entire loan journey, starting from Anovaa's origination solution and extending to LoanPro's capacity to manage loans and enhance collections.
Mar-2022: ICE Mortgage Technology, Inc. came into an integration partnership with Maxwell Financial Labs, Inc., a mortgage fintech solutions platform for small to midsize lenders, for its Encompass eClose. This solution would be integrated into Maxwell's point-of-sale platform, aimed to make the closing process easier and more efficient for both lenders and borrowers throughout the United States. By adding eClose to Maxwell's platform, the company would be able to give all the Encompass lenders using their system a real digital experience. This would make things work better, speed up the steps, and lower expenses for the lender.
Mar-2022: ICE Mortgage Technology, Inc. formed a partnership with Roostify, Inc., a leading mortgage technology provider, to provide an extensive digital closing solution that would strengthen Roostify's two-way integration with Encompass. This partnership would enable lenders to offer borrowers an improved lending experience characterized by speed, efficiency, and accuracy.
Sep-2021: Floify LLC partnered with Unify, a customer relationship management (CRM) and marketing automation software. The partnership would empower loan originators utilizing Floify to automate their mortgage process and unify to oversee their customer database.
Geographical Expansions:
Nov-2022: TurnKey Lender Inc. has expanded its reach to the United Kingdom. This move would allow the company to provide comprehensive automation, adaptability, AI-driven credit scoring, and top-tier reporting capabilities that would benefit the wider global TurnKey Lender community in the UK.
Product Launches and Product Expansions:
Apr-2021: ICE Mortgage Technology, Inc. launched Encompass eClose, an edge solution that facilitates mortgage loans eClosing workflow. The solution offers several benefits including lowering operational costs, providing a single platform for multiple eClose platforms, reducing the acquisition cycle, etc.
Feb-2021: Floify LLC revealed that it would be updating to Floify E-Sign, the company's widely used native e-signature solution. This update aims to include support for the Disclosure Desk. The update namely, Floify E-Sign for Disclosure Desk would enable enterprise lenders to smoothly combine their existing loan origination system (LOS) with Floify and the platform's built-in e-signature solution, creating a mobile-friendly point-of-sale (POS) system that would streamline the origination and disclosure process. Floify E-Sign for Disclosure Desk would make getting a loan easier and help lenders make more money by providing useful features.
Market Segments covered in the Report:
By Component
By Deployment Mode
By End-User
By Geography
Companies Profiled
Unique Offerings from KBV Research