Alternative financing refers to the channels, which have emerged apart from the traditional finance system such as capital markets, regulated banks, and other instruments. Alternative finance instruments such as social impact bonds and bitcoin are technology-enabled, which generally specify the utilization of third-party capital in the market.
The global alternative investment funds (AIFs) market was valued at $12.8 trillion in 2023, and is projected to reach $25.8 trillion by 2032, growing at a CAGR of 7.9% from 2024 to 2032.
The global alternative lending market was valued at $354.8 billion in 2023, and is projected to reach $1,076.3 billion by 2033, growing at a CAGR of 11.6% from 2024 to 2033.
The global alternative finance market was valued at $173.9 billion in 2022, and is projected to reach $920.9 billion by 2032, growing at a CAGR of 18.5% from 2023 to 2032.
