DUBLIN, Nov. 23, 2023 /PRNewswire/ — The “Nigeria Alternative Lending Market Business and Investment Opportunities Databook – 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan Type and Demographics – Q2 2023 Update” report has been added to ResearchAndMarkets.com’s offering.
Alternative lending market in Nigeria is expected to grow by 45.2% on an annual basis to reach US$212.9 million in 2023. Medium to long term growth story of alternative lending in Nigeria remains strong. Alternative lending adoption is expected to grow steadily over the forecast period, recording a CAGR of 27.4% during 2023-2027. The alternative lending market in the country will increase from US$146.6 million in 2022 to reach US$560.4 million by 2027.
Embark on a detailed exploration of the alternative lending market with our latest report, dissecting key economic indicators to provide a holistic view of this dynamic landscape. Delve into the alternative lending market’s expansive horizons, from overall market size and forecasts to granular analyses of end-user segments, diverse finance models, and payment instrument intricacies.This report helps in navigating the nuanced relationships between payment instruments and lending models, offering a detailed breakdown of transaction dynamics. Uncover the multifaceted nature of loans, from personalized B2C offerings like payroll advances to strategic B2B solutions like lines of credit. Complementing these insights, delve into consumer attitudes and behaviors, decoding the impact of age, income, and gender on financial choices.This report provides a thorough knowledge of alternative lending market dynamics, market size and forecast with more than 75+ KPIs. KPIs in both value and volume terms help in getting an in-depth understanding of end market dynamics.
This report offers a comprehensive insight into the alternative lending market in Nigeria, covering the following key areas:
Comprehensive Market IntelligenceEconomic IndicatorsIndustry Attractiveness AnalysisStrategic Segmentation AnalysisGrowth ProjectionsLoan Type AnalysisConsumer Attitude and Behaviour AnalysisScope
Nigeria Alternative Lending Market Size and Forecast by Loan Types
B2C LoansPersonal LoanPayroll AdvanceHome ImprovementEducation/Student LoansPoint of SaleAuto LoansMedical LoansB2B LoansLines of CreditMerchant Cash AdvanceInvoice FactoringRevenue FinancingNigeria Alternative Lending Analysis by Consumer Attitude and Behaviour
By AgeBy IncomeGenderNigeria Economic Indicators
Gross Domestic Product at Current PricesPopulationUnbanked PopulationUnemployment RateLoan Default RateNigeria Alternative Lending Market Size and Forecast
Transaction ValueAverage Transaction ValueTransaction VolumeNigeria Alternative Lending Market Size and Forecast by End User
End User – BusinessEnd User – ConsumerNigeria Alternative Lending Market Size and Forecast by Finance Models
P2P Marketplace Consumer LendingP2P Marketplace Business LendingP2P Marketplace Property LendingBalance Sheet Consumer LendingBalance Sheet Business LendingBalance Sheet Property LendingInvoice TradingDebt Based SecuritiesEquity Based Crowd FundingReal Estate Crowd fundingNigeria Alternative Lending Market Size and Forecast by Payment Instrument – Transaction Value, Volume and Average Value
CashChequesCredit TransferDirect DebitsDebit CardCredit CardE- MoneyNigeria Alternative Lending Market Size and Forecast by Payment Instrument to Model
Alternative Lending Market Size and Forecast by Payment Instrument to P2P Marketplace Consumer Lending
CashChequesCredit TransferDirect DebitsDebit CardCredit CardE- MoneyAlternative Lending Market Size and Forecast by Payment Instrument to P2P Marketplace Business Lending
Alternative Lending Market Size and Forecast by Payment Instrument to P2P Marketplace Property Lending
Alternative Lending Market Size and Forecast by Payment Instrument to Balance Sheet Consumer Lending
Alternative Lending Market Size and Forecast by Payment Instrument to Balance Sheet Business Lending
Alternative Lending Market Size and Forecast by Payment Instrument to Balance Sheet Property Lending
Alternative Lending Market Size and Forecast by Payment Instrument to Invoice Trading
Alternative Lending Market Size and Forecast by Payment Instrument to Debt Based Securities
Alternative Lending Market Size and Forecast by Payment Instrument to Equity Based Crowd Funding
Alternative Lending Market Size and Forecast by Payment Instrument to Real Estate Crowd funding
For more information about this report visit https://www.researchandmarkets.com/r/16u50h
About ResearchAndMarkets.comResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and MarketsLaura Wood, Senior Managerpress@researchandmarkets.com For E.S.T Office Hours Call +1-917-300-0470For U.S./CAN Toll Free Call +1-800-526-8630For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/nigeria-alternative-lending-business-report-2023-market-is-expected-to-grow-by-45-2-to-reach-212-9-million-in-2023—forecasts-to-2028–301996612.html
SOURCE Research and Markets
DUBLIN, Nov. 23, 2023 /PRNewswire/ — The “Nigeria Alternative Lending Market Business and Investment Opportunities Databook – 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan Type and Demographics – Q2 2023 Update” report has been added to ResearchAndMarkets.com’s offering.
Alternative lending market in Nigeria is expected to grow by 45.2% on an annual basis to reach US$212.9 million in 2023.
Medium to long term growth story of alternative lending in Nigeria remains strong. Alternative lending adoption is expected to grow steadily over the forecast period, recording a CAGR of 27.4% during 2023-2027. The alternative lending market in the country will increase from US$146.6 million in 2022 to reach US$560.4 million by 2027.
Embark on a detailed exploration of the alternative lending market with our latest report, dissecting key economic indicators to provide a holistic view of this dynamic landscape. Delve into the alternative lending market’s expansive horizons, from overall market size and forecasts to granular analyses of end-user segments, diverse finance models, and payment instrument intricacies.
This report helps in navigating the nuanced relationships between payment instruments and lending models, offering a detailed breakdown of transaction dynamics. Uncover the multifaceted nature of loans, from personalized B2C offerings like payroll advances to strategic B2B solutions like lines of credit. Complementing these insights, delve into consumer attitudes and behaviors, decoding the impact of age, income, and gender on financial choices.
This report provides a thorough knowledge of alternative lending market dynamics, market size and forecast with more than 75+ KPIs. KPIs in both value and volume terms help in getting an in-depth understanding of end market dynamics.
This report offers a comprehensive insight into the alternative lending market in Nigeria, covering the following key areas:
Comprehensive Market IntelligenceEconomic IndicatorsIndustry Attractiveness AnalysisStrategic Segmentation AnalysisGrowth ProjectionsLoan Type AnalysisConsumer Attitude and Behaviour Analysis
Scope
Nigeria Alternative Lending Market Size and Forecast by Loan Types
B2C LoansPersonal LoanPayroll AdvanceHome ImprovementEducation/Student LoansPoint of SaleAuto LoansMedical LoansB2B LoansLines of CreditMerchant Cash AdvanceInvoice FactoringRevenue Financing
Nigeria Alternative Lending Analysis by Consumer Attitude and Behaviour
By AgeBy IncomeGender
Nigeria Economic Indicators
Gross Domestic Product at Current PricesPopulationUnbanked PopulationUnemployment RateLoan Default Rate
Nigeria Alternative Lending Market Size and Forecast
Transaction ValueAverage Transaction ValueTransaction Volume
Nigeria Alternative Lending Market Size and Forecast by End User
End User – BusinessEnd User – Consumer
Nigeria Alternative Lending Market Size and Forecast by Finance Models
P2P Marketplace Consumer LendingP2P Marketplace Business LendingP2P Marketplace Property LendingBalance Sheet Consumer LendingBalance Sheet Business LendingBalance Sheet Property LendingInvoice TradingDebt Based SecuritiesEquity Based Crowd FundingReal Estate Crowd funding
Nigeria Alternative Lending Market Size and Forecast by Payment Instrument – Transaction Value, Volume and Average Value
CashChequesCredit TransferDirect DebitsDebit CardCredit CardE- Money
Nigeria Alternative Lending Market Size and Forecast by Payment Instrument to Model
Alternative Lending Market Size and Forecast by Payment Instrument to P2P Marketplace Consumer Lending
CashChequesCredit TransferDirect DebitsDebit CardCredit CardE- Money
Alternative Lending Market Size and Forecast by Payment Instrument to P2P Marketplace Business Lending
Alternative Lending Market Size and Forecast by Payment Instrument to P2P Marketplace Property Lending
Alternative Lending Market Size and Forecast by Payment Instrument to Balance Sheet Consumer Lending
Alternative Lending Market Size and Forecast by Payment Instrument to Balance Sheet Business Lending
Alternative Lending Market Size and Forecast by Payment Instrument to Balance Sheet Property Lending
Alternative Lending Market Size and Forecast by Payment Instrument to Invoice Trading
Alternative Lending Market Size and Forecast by Payment Instrument to Debt Based Securities
Alternative Lending Market Size and Forecast by Payment Instrument to Equity Based Crowd Funding
Alternative Lending Market Size and Forecast by Payment Instrument to Real Estate Crowd funding
For more information about this report visit https://www.researchandmarkets.com/r/16u50h
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/nigeria-alternative-lending-business-report-2023-market-is-expected-to-grow-by-45-2-to-reach-212-9-million-in-2023—forecasts-to-2028–301996612.html
SOURCE Research and Markets
