DUBLIN, January 25, 2024 (GLOBE NEWSWIRE) — “Belgium Alternative Finance Market Business and Investment Opportunities Data Book – 75+ KPIs on Alternative Finance Market Size, by End User, Financial Model, Payment Method , by Loan Type, and Demographics – Q2 2023 Update report added ResearchAndMarkets.com Recruitment.
The global financial landscape is witnessing a major shift towards non-traditional lending, and Belgium is at the forefront of this change. Belgium’s alternative lending market is expected to grow rapidly at 20.5% per year and reach USD 290.2 million in 2023. This rapid growth trajectory points to strong market fundamentals and increasing adoption of innovative financial solutions.
With a projected compound annual growth rate (CAGR) of 12.6% from 2023 to 2027, the future of alternative lending in Belgium is vibrant. Experts expect the market to expand from his US$241 million in 2022 to an estimated US$466.6 million by 2027. This growth is being driven by a combination of technological advances, evolving consumer preferences, and a supportive regulatory environment.
A comprehensive new data book delves into the intricacies of the alternative lending ecosystem, providing insights into end-user segments, financial models, and interactions between different payment methods. A comprehensive collection of over 75 key performance indicators (KPIs) from both monetary and volume perspectives enables multidimensional analysis of market dynamics.
This data book provides extensive analysis coverage including:
- A detailed explanation of Belgium’s economic indicators, including gross domestic product (GDP), demographics, unemployment rate, and loan default rate.
- Detailed breakdown of Alternative Lending market size and forecast. Covers trade value, volume, and average trade value.
- The market is segmented by end users, financial models, payment instruments, and loan types.
- Effectively segment insights into consumer attitudes and behaviors by age, income, and gender.
Belgium alternative financing market is poised to dynamically accommodate a variety of financial models and financing types, including peer-to-peer (P2P) lending, balance sheet financing, invoice trading, and various forms of crowdfunding. This extensive market report fosters an understanding of the complex lending mechanisms and borrower preferences that will shape Belgium’s financial future.
This comprehensive insight into alternative financing in Belgium is invaluable to investors, financial institutions and fintech innovators looking to take advantage of this rapidly growing market. Extensive data-centric analysis serves as a foundational tool for strategy development and market entry planning in the upcoming world of alternative finance.
Key attributes:
| report attributes | detail |
| number of pages | 164 |
| Forecast period | 2023-2027 |
| Estimated market value in 2023 (USD) | $290.2 million |
| Projected market value to 2027 (USD) | $466.6 million |
| compound annual growth rate | 12.6% |
| Target area | Belgium |
For more information on this report, please visit https://www.researchandmarkets.com/r/ww8ie6.
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source of international market research reports and market data. We provide the latest data on international and regional markets, key industries, top companies, new products and latest trends.
-
Belgium alternative financing market