Asia Pacific Alternative Lending Business Report 2023: Market to Grow by 15.1% to Reach $295 Billion in 2023 - Forecasts to 2027 - ResearchAndMarkets.com
Alternative lending market in Asia Pacific is expected to grow by 15.1% on an annual basis to reach US$295.0 billion in 2023.
- Alternative lending market in Asia Pacific is expected to grow by 15.1% on an annual basis to reach US$295.0 billion in 2023.
- Alternative lending adoption is expected to grow steadily over the forecast period, recording a CAGR of 9.4% during 2023-2027.
- The alternative lending market in the region will increase from US$256.3 billion in 2022 to reach US$422.6 billion by 2027.
- The Asia Pacific alternative lending industry is poised to record strong growth over the next five years.