Allied Market Research
Loading...
0
Upcoming Allied Market Research
2022
Loan Origination Software Market

Loan Origination Software Market By Component (Solution and Services), Deployment (On-Premise and Cloud) and End-User (Banks, Credit Unions, Mortgage Lenders, Brokers and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A15124
Pages: NA
Mar 2022 | 80 Views
   
Author(s) : NA
Tables: NA
Charts: NA
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Loan Origination Software Market

Request Now !

Loan origination software enables small and medium-sized financial institutions such as community banks, credit unions, or regional banks to manage the digital lending process. It permits users to create and manage lending campaigns, loan applications, reviews, and other applications. It also includes lending evaluation, automated checks, and underwriting, identity verification, separate digital loan files for every application, and compliance management. It enables enterprises to configure, deploy, and implement changes in decision-making as per the scorecards, data analysis, and market trends. The need to automate the entire process that involves the collection, processing and evaluation of loans is expected to drive the growth of the market. It is developed for banks, credit unions, and auto lenders, allowing them to configure rules, streamline processes, and increase operational efficiency at all levels. Therefore, the surge in demand for loan origination software is expected to boost the growth of the loan origination software market in the upcoming period.

The global loan origination software market is segmented on the basis of component, deployment, end-user and region. Based on component, the market is divided into solution and services. In terms of deployment, the market is categorized into on-premise and cloud. On the basis of end-user, the market is divided into banks, credit unions, mortgage lenders, brokers and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Key players operating in the global loan origination software industry include LeadSquared, Finastra, Fiserv Inc., ICE Mortgage Technology Inc., Calyx Technology Inc., Comarch SA, Pegasystems Inc., Byte Software, Wipro Limited and Black Knight Inc. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global loan origination software market.

Market Scope and Structure Analysis

Report Metric

Details

  Market size available for years

  2020–2030

  Base year considered

  2020

  Forecast period

  2021–2030

  Forecast units

  Value ($)

  Segments covered

 Component, Deployment, End-User and Region

  Companies covered

Major players analyzed include LeadSquared, Finastra, Fiserv Inc., ICE Mortgage Technology Inc., Calyx Technology Inc., Comarch SA, Pegasystems Inc., Byte Software, Wipro Limited and Black Knight Inc.

 

COVID-19 Scenario Analysis

  • COVID-19 has caused business disruptions in all industries around the world. Due to increased government restrictions and an increase in nonperforming assets, banks and financial institutions have been hesitant to accept new loans. 
  • Furthermore, banks and financial institutions have been forced to physically prevent themselves from collecting loans due to lockdown and shut-down issues. As a result, several financial institutions have begun using electronic platforms to process loan origination. Due to the circumstances, loan origination software platforms were used at a higher rate than usual.

Top Impacting Factors

Increased adoption of AI, machine learning and block-chain-based technologies and the rise in stringent government rules and regulations are driving the growth of the market. In addition, increased adoption of loan origination software across different industry verticals propels the growth of the market.  However, a strict negative framework that negatively affects loan companies may hamper the growth of the market. Contrarily, increased consumer demand for convenient banking services is expected to provide lucrative opportunities to the market in the upcoming years.

Increased Adoption of AI, Machine Learning & Block-Chain Based Technologies

Businesses globally are starting to see the benefits of AI, machine learning, and blockchain technology. AI, machine learning, and blockchain are some of the most recent trending technologies that are expected to enhance digital lending platforms and provide new growth opportunities. Furthermore, the power of these technologies allows for a simple, quick, and transparent loan-funding process. Moreover, loan applications can be processed in seconds using AI and machine learning algorithms, making the approval process truly scalable. Furthermore, blockchain technology is assisting in the decentralization of the lending process. Therefore, the surge in the adoption of AI, machine learning, and block-chain based technology is expected to drive the growth of the loan origination software market during the forecasted period

Rise in Stringent Government Rules & Regulations

Despite the challenges of maintaining compliance and adhering to regulations in the digital lending platform market, due to the sensitivity of financial data, most organizations adhere to global compliance regulations. Furthermore, the threat landscape is constantly changing, and an increase in cyber-attacks has resulted in massive losses for financial institutions. As a result, governments all over the world are increasingly enacting new regulations to protect economic data.

Moreover, the government implemented an upgraded version of the markets in financial instruments directive, to protect traders and investors, increase transparency in financial transactions, and lower trading costs. Therefore, the rise in stringent government rules and regulations is expected to drive the growth of the loan origination software market during the forecasted period.

Key Benefits of the Report

  • This study presents an analytical depiction of the global loan origination software market forecast along with the current trends and future estimations to determine the imminent investment pockets.    
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the market share.     
  • The current market is quantitatively analyzed from 2021 to 2028 to highlight the global loan origination software market growth scenario.         
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the loan origination software market share.    
  • The report provides a detailed loan origination software market analysis depending on the present and future competitive intensity of the market.

Questions Answered in the Loan Origination Software Market Research Report    

  • Which are the leading players active in the global loan origination software market size?
  • What would be the detailed impact of COVID-19 on the global market?
  • What are current trends that would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the global loan origination software market trends?
  • What are the projections for the future that would help in taking further strategic steps?

Key Market Segments

Segments Sub-segments
Component
  • Solution
  • Services
Deployment
  • On-Premise
  • Cloud
Enterprise Size
  • Large Enterprise
  • Small & Medium Enterprises
By Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
PURCHASE OPTIONS

Start reading ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Loan Origination Software Market

Start reading.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $9,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers