The Business Research Company’s latest report Lending And
Payments Global Market Report 2020 covers Lending And Payments market drivers,
Lending And Payments market trends, Lending And Payments market segments,
Lending And Payments market growth rate, Lending And Payments market major
players, and Lending And Payments market size. The report provides in-depth
analysis of the impact of COVID-19 on the Lending And Payments industry, along
with revised market numbers due to the effects of the coronavirus.
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Lending And Payments Global Market Report 2020 is the most
comprehensive report available on this market and will help gain a truly global
perspective as it covers 60 geographies. The chapter on the impact of COVID-19
gives valuable insights on supply chain disruptions, logistical challenges, and
other economic implications of the virus on the market. The chapter also covers
markets which have been positively affected by the pandemic.
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The global lending and payments market is expected to
decline from $7597.3 billion in 2019 to $7473.6 billion in 2020 at a compound
annual growth rate (CAGR) of -1.7%. The decline is mainly due to economic
slowdown across countries owing to the COVID-19 outbreak and the measures to
contain it. The market is then expected to recover and grow at a CAGR of 6%
from 2021 and reach $8838 billion in 2023.
The global lending and payments market is segmented by type
into lending, cards & payments, by end user into B2B, B2C. Subsegments
covered are corporate lending, household lending, government lending, cards,
payments.
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