Microfinance Market, Evolving Opportunities with Accion International and Al Amana Microfinance - Technavio

NEW YORK, Sept. 19, 2022 /PRNewswire/ -- The Microfinance Market size is expected to grow by USD 122.46 billion during 2021-2026, at a CAGR of 11.61% during the forecast period. The market is driven by the Emergence of social media is associated with growing digital connectivity. In addition, the Rapid growth in APAC is anticipated to boost the growth of the Microfinance Market.

This report extensively covers microfinance market segmentation by type (banks and non-banks) and geography (APAC, South America, North America, Europe, and the Middle East and Africa). Request Free Sample Report.

APAC will account for 45% of market growth. APAC's key microfinance markets are China and India. The market in APAC will grow faster than the market in other regions. The rapid growth of social media, as well as the increasing number of SMEs and startups, will help the APAC microfinance market grow over the forecast period. The key consumer countries are Mexico, China, and India.

One of the major factors influencing the growth of the microfinance market is easy to access to credit. In contrast to traditional financial institutions, which may take more than a day to complete the paperwork for the loan application, microfinance provides quick and easy access to credit. If the financial institution accepts the application, the credit may not be authorized and transferred for several weeks or months.

The proliferation of online microfinance platforms has made it easier to obtain funds. Businesses can apply for credit on these platforms within minutes of registering, and the funds are immediately available if the application is approved. The introduction of microfinance platforms made it easier to obtain loans. As a result, the popularity of microfinance platforms is growing. Buy Sample Report.

Rapid growth in APAC is one of the major trends influencing the growth of the microfinance market. Microfinance institutions, such as peer-to-peer lending, crowdfunding, and invoice trading, are expanding in APAC as a result of the presence of numerous SMEs. The increasing number of SMEs in APAC is driving up demand for micro-financial services for business expansion.

Microfinance solutions and service providers assist SMEs by increasing their access to credit and equity, allowing them to invest in growth. Furthermore, rising Internet penetration, combined with the widespread use of smartphones, is encouraging people in APAC to use peer-to-peer lending and crowdfunding platforms. This is expected to propel the global microfinance market forward in the coming years. Download Free Sample Report.

Trade Finance Market by Trade Finance Instruments and Geography - Forecast and Analysis 2022-2026: The trade finance market share is expected to increase by USD 12.20 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.38%.

Exhibition Organizing Market by Area and Geography - Forecast and Geography 2022-2026: The exhibition organizing market share is expected to increase by USD 6.48 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.53%.

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1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments 
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type 
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Banks - Market size and forecast 2021-2026
• Exhibit 28: Chart on Banks - Market size and forecast 2021-2026 ($ billion)
• Exhibit 29: Data Table on Banks - Market size and forecast 2021-2026 ($ billion)
• Exhibit 30: Chart on Banks - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Banks - Year-over-year growth 2021-2026 (%)

• 5.4 Non-banks - Market size and forecast 2021-2026
• Exhibit 32: Chart on Non-banks - Market size and forecast 2021-2026 ($ billion)
• Exhibit 33: Data Table on Non-banks - Market size and forecast 2021-2026 ($ billion)
• Exhibit 34: Chart on Non-banks - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Non-banks - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Type 
• Exhibit 36: Market opportunity by Type ($ billion)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 South America - Market size and forecast 2021-2026
• Exhibit 46: Chart on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 47: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 48: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.5 North America - Market size and forecast 2021-2026
• Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.6 Europe - Market size and forecast 2021-2026
• Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 China - Market size and forecast 2021-2026
• Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.9 Peru - Market size and forecast 2021-2026 
• Exhibit 66: Chart on Peru - Market size and forecast 2021-2026 ($ billion)
• Exhibit 67: Data Table on Peru - Market size and forecast 2021-2026 ($ billion)
• Exhibit 68: Chart on Peru - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Peru - Year-over-year growth 2021-2026 (%)

• 7.10 India - Market size and forecast 2021-2026
• Exhibit 70: Chart on India - Market size and forecast 2021-2026 ($ billion)
• Exhibit 71: Data Table on India - Market size and forecast 2021-2026 ($ billion)
• Exhibit 72: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.11 Mexico - Market size and forecast 2021-2026
• Exhibit 74: Chart on Mexico - Market size and forecast 2021-2026 ($ billion)
• Exhibit 75: Data Table on Mexico - Market size and forecast 2021-2026 ($ billion)
• Exhibit 76: Chart on Mexico - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Mexico - Year-over-year growth 2021-2026 (%)

• 7.12 France - Market size and forecast 2021-2026
• Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ billion)
• Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ billion)
• Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 Annapurna Finance P Ltd. 
• Exhibit 89: Annapurna Finance P Ltd. - Overview
• Exhibit 90: Annapurna Finance P Ltd. - Product / Service
• Exhibit 91: Annapurna Finance P Ltd. - Key offerings

• 10.4 Bandhan Bank Ltd. 
• Exhibit 92: Bandhan Bank Ltd. - Overview
• Exhibit 93: Bandhan Bank Ltd. - Product / Service
• Exhibit 94: Bandhan Bank Ltd. - Key offerings

• 10.5 Cashpor Micro Credit 
• Exhibit 95: Cashpor Micro Credit - Overview
• Exhibit 96: Cashpor Micro Credit - Product / Service
• Exhibit 97: Cashpor Micro Credit - Key offerings

• 10.6 Grameen Foundation 
• Exhibit 98: Grameen Foundation - Overview
• Exhibit 99: Grameen Foundation - Product / Service
• Exhibit 100: Grameen Foundation - Key offerings

• 10.7 IndusInd Bank Ltd. 
• Exhibit 101: IndusInd Bank Ltd. - Overview
• Exhibit 102: IndusInd Bank Ltd. - Business segments
• Exhibit 103: IndusInd Bank Ltd. - Key offerings
• Exhibit 104: IndusInd Bank Ltd. - Segment focus

• 10.8 Kiva Microfunds 
• Exhibit 105: Kiva Microfunds - Overview
• Exhibit 106: Kiva Microfunds - Product / Service
• Exhibit 107: Kiva Microfunds - Key offerings

• 10.9 Kotak Mahindra Bank Ltd. 
• Exhibit 108: Kotak Mahindra Bank Ltd. - Overview
• Exhibit 109: Kotak Mahindra Bank Ltd. - Business segments
• Exhibit 110: Kotak Mahindra Bank Ltd. - Key offerings
• Exhibit 111: Kotak Mahindra Bank Ltd. - Segment focus

• 10.10 Manappuram Finance Ltd. 
• Exhibit 112: Manappuram Finance Ltd. - Overview
• Exhibit 113: Manappuram Finance Ltd. - Business segments
• Exhibit 114: Manappuram Finance Ltd. - Key offerings
• Exhibit 115: Manappuram Finance Ltd. - Segment focus

• 10.11 PT Bank Rakyat Indonesia Persero Tbk 
• Exhibit 116: PT Bank Rakyat Indonesia Persero Tbk - Overview
• Exhibit 117: PT Bank Rakyat Indonesia Persero Tbk - Business segments
• Exhibit 118: PT Bank Rakyat Indonesia Persero Tbk - Key offerings
• Exhibit 119: PT Bank Rakyat Indonesia Persero Tbk - Segment focus

• 10.12 Stichting BRAC International 
• Exhibit 120: Stichting BRAC International - Overview
• Exhibit 121: Stichting BRAC International - Business segments
• Exhibit 122: Stichting BRAC International - Key offerings
• Exhibit 123: Stichting BRAC International - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 124: Inclusions checklist
• Exhibit 125: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 126: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 127: Research methodology
• Exhibit 128: Validation techniques employed for market sizing
• Exhibit 129: Information sources

• 11.5 List of abbreviations 
• Exhibit 130: List of abbreviations

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