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Insights on the Microfinance Global Market to 2027 - Featuring 51Give, Al Amana Microfinance and BRAC Among Others - ResearchAndMarkets.com

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DUBLIN, December 09, 2021--(BUSINESS WIRE)--The "Microfinance - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Microfinance estimated at US$159.7 Billion in the year 2020, is projected to reach a revised size of US$394.8 Billion by 2027, growing at a CAGR of 13.8% over the period 2020-2027.

Banks, one of the segments analyzed in the report, is projected to grow at a 14.6% CAGR to reach US$235.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Banks segment is readjusted to a revised 12.7% CAGR for the next 7-year period. This segment currently accounts for a 43.3% share of the global Microfinance market.

The U.S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 18.1% CAGR for the Period of 2020-2027

The Microfinance market in the U.S. is estimated at US$43 Billion in the year 2020. The country currently accounts for a 26.95% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$89.3 Billion in the year 2027 trailing a CAGR of 18.1% through 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.7% and 12.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.9% CAGR while Rest of European market (as defined in the study) will reach US$89.3 Billion by the year 2027.

Select Competitors (Total 93 Featured) -

  • 51Give (China)

  • Al Amana Microfinance

  • Al-Barakah Microfinance Bank

  • Annapurna Finance (P) Ltd

  • Asirvad Microfinance Pvt. Ltd.

  • Banco do Nordeste do Brasil S.A.

  • Bandhan Financial Services Pvt. Ltd.

  • Bank Rakyat Indonesia

  • BRAC

  • BSS Microfinance Ltd.

  • Grameen Foundation

  • Jamii Bora Bank

  • Kiva

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • Impact of Covid-19 and a Looming Global Recession

  • Microfinance: Holding Potential to Break the Cycle of Poverty

  • Microfinance Functioning

  • Key Principles Related to Microfinance

  • Key Benefits and Drawbacks of Microfinancing

  • Microfinance Market: Focus on Providing Access to the Unbanked and Alleviate Property Propels Growth

  • Active Borrowers of Microfinance Institutions Continue to Grow

  • Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • As Important Growth Mechanisms for Economic Progress, Microenterprises Emerge as Vital Driver of Growth for MFIs

  • Changing Business Landscape Drives Microenterprises to Review Strategies

  • Microfinance Presents Powerful Tool for Small Businesses & Entrepreneurs to Access Capital

  • Microfinance Industry's Growing Role in Impact Investments and Achievement of SDGs

  • Growing Importance of Digitalization for Traditional MFIs

  • Rising Adoption of New Technologies to Push Market Growth

  • Mobile Payments Transform Microfinance Industry Landscape

  • Going Digital Represents Inevitable Move for Microfinance Institutions

  • Microfinance Industry Leverages Big Data Analytics to Enable Financial Inclusion

  • Digitization Raises Data Security Concerns

  • Islamic Microfinance Emerges as a Vital Tool for Poverty Alleviation in Islamic Nations

  • Large Commercial Banks Venture into Microfinance Market, Presenting Opportunities and Challenges for Existing Players

  • Microinsurance Products: Providing Insurance Coverage to Low Income Customers

  • Addressing the Risks of Climate Change with Microfinance

  • Microfinance along with Macrofinance Holds Critical Significance in Financial Realm

  • Emergence of For-Profit Microfinance Institutions Draws Criticism

  • Microfinance Institutions to Embrace Hybrid Model

  • Microfinance Providers to Collaborate with Fintechs

  • Key Issues Faced by Microfinance Industry

  • Notable Microfinance Networks: A Review

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/3inl3q

View source version on businesswire.com: https://www.businesswire.com/news/home/20211209005487/en/

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