BFSI Industry Reports

Improved market capitalization, rising adoption rate for digital currencies among financial institutions, and growing preference for purchasing products such as cars, luxury watches, and several tech products through cryptocurrency, are the leading factors driving the global cryptocurrency market during the projected period . According to TechSci Research report, “ Cryptocurrency Market – Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028,” the global cryptocurrency market is expected to project robust growth in the forecast period owing to the factors such as increasing popularity of digital assets like Bitcoin and Litecoin cryptocurrencies. As they are considered a more convenient and flexible option due to its functioning with the support of Blockchain technology that offers decentralized, fast, transparent, secure, and reliable transactions. A digital payment system that doesn't rely on banks to validate transactions is known as cr...

Increasing smartphone and internet penetration along with rising acceptance of mobile wallets by various e-commerce platforms to drive India mobile wallet market through 2024. According to TechSci Research report,  “ India Mobile Wallet Market By Application, Competition Forecast and Opportunities 2013 - 2024 ’’ , India mobile wallet market is projected to grow at an astounding CAGR of 44% until 2024 on account of increasing penetration of smartphones, expanding internet user base and rising inclination of various e-commerce platforms towards mobile wallets. Moreover, mobile wallet companies are providing lucrative offers on mobile wallet usage along with growing usage of value added services. Additionally, ‘Digital India’ initiative of the government of India, which has a vision to convert India into a digitally empowered country, is further anticipated to have a huge positive impact on the market in the coming years. Browse 32 market data Figures and Tables spread through 8...

Rising two wheeler sales coupled with easy availability of financing options to boost Two Wheeler Loan Market. According to TechSci Research report, “ India Two Wheeler Loan Marke t  By Type, By Source, By Percentage of Amount Sanctioned, By Type of City, By Tenure, Competition, Forecast & Opportunities, 2025”,  in 2018, India registered sales of over 26 million two wheelers, making it the world’s largest two wheeler market. As a result, major automakers are setting up their production plants and are focusing on launching new vehicles in the developing economy, which would drive the country’s two wheeler loan market in the coming years. Declining unemployment rates, increasing disposable income and high per capita income level are positively impacting the two wheeler loan market in India. Browse 38 market data Figures and Tables spread 80  Pages and an in-depth TOC on  "India Two Wheeler Loan Market" https://www.techsciresearch.com/report/india-two-wheeler-loan-m...

Rising demand for fast order execution and reducing transactional costs to drive global algorithmic trading market through 2024. According to TechSci Research report,  “ Global Algorithmic Trading Market By Component, By Trading Type, By Enterprise Size, By Deployment Mode, By Region, Competition, Forecast & Opportunities, 2024 ” , global algorithmic trading market is expected to register CAGR of around 11% over the forecast period on account of growing demand for market surveillance and rise in integration of financial market. Market surveillance technology helps the traders to keep a track on their trading activities and investment portfolio. Therefore, the major players in the market are shifting their focus towards developing new solutions and create effective marketing strategies for market surveillance. Due to large number of financial firms opting for increasing automation in trading processes the algorithm trading market is anticipated to grow substantially during the ...

Increasing number of mobile phones and rising internet penetration to drive India Peer to Peer lending market. According to TechSci Research report,  “ India Peer to Peer Lending Market By Business Model, By End User, By Region, By Company, Competition, Forecast & Opportunities, 2024,” the India Peer to Peer Lending  market is expected to grow at a CAGR of around 12% during the forecast period on account of an increasing number of small businesses looking for financial alternatives to fund their projects. Additionally, strict credit policies followed by the banks is driving customers to shift towards alternatives such as peer to peer lending. However, availability of lower loan amount and lesser security than banks can hamper the growth of market during forecast period. There is an increasing pressure on banks to lower their interest rates owing to the ongoing battle of securing a larger market share. Consequently, the future of the market could be dented due to the...

Increasing adoption of cloud-based platforms and rising adoption of smartphones and tablets to drive India digital banking platforms market  through 2024. According to TechSci Research report,  “ India Digital Banking Platforms Market   By Banking Type, By Deployment Mode, By Banking Mode, Competition, Forecast & Opportunities, 2024 ” , India digital banking platforms market is expected to grow at a formidable rate during the forecast period on account of increasing penetration of internet in most of the places coupled with rising number of online consumers. In addition, the digital banking platform are reliable and safe to use which is further fueling its demand across the country. Moreover, growing investments by private and public capital holders in the research and development activities is anticipated to improve the service, which would propel the growth of India digital banking platforms market through 2024. Browse  market data Tables and  Figures spre...

Growing corruption, terrorist financing and emergence of advanced technologies to drive global transaction monitoring market through 2024. According to TechSci Research report,  “ Global Transaction Monitoring Market By Component, By Application,   By Function, By End-Use, By Deployment Mode, By Organization Size, By Region, Competition, Forecast & Opportunities, 2024 ” , Global transaction monitoring market is anticipated to witness robust growth, exhibiting a CAGR of close to 15% during the forecast period on account of increasing terrorism and rising adoption of advanced analytics to provide proactive risk alerts. Moreover, rising frequency and intensity of cyber threats coupled with increasing security attacks such as spyware and viruses is making them more difficult to be detected and controlled. Therefore, the most challenging factor in the global transaction monitoring market is the identification and prevention of transaction threats. However, due to emerging tech...