Market Statistics: India Online Home, Auto, Retail, Gold and Personal Loans Sector 2015-2019
India online loan market research report provides statistics on online loans market by revenue, loan outstanding, loan disbursed, types of loans, web aggregators, business model, major players market share and outlook of online loan industry.
Netaji Subhash Place, Pitampura, India, February 25, 2015 (Newswire.com) - · India Online Loans Market is expected to reach INR 9 billion in terms of revenue by 2019.
· Future growth of India online loans industry is expected to be led by increasing internet penetration, rising living standards and personal disposable income of the Indian population.
Ken Research announced its latest publication on “India Online Loans Market Outlook to FY’2019- “Industry Transformation by the Advent of Web Aggregators” which provides a comprehensive analysis of online loans in India and covers various aspects such as market size of India online loans market by loans disbursed, loans outstanding and revenue generated. Additionally, market segmentation on the basis of types of loans and major cities has also been covered. The report is useful for Banks, Web Aggregators and Financial Entities conducting operations in the financial sector of India.
The online loans industry is one of the most dynamic industries and plays an important role in the financial sector of India. The growth is majorly originated from increasing internet penetration and rising disposable incomes. The growth in this segment has been largely led by the domestic factors such as increasing number of banks offering online loans and advent of web aggregators.
The online loans market in India comprises large players such HDFC bank, ICICI bank, Axis Bank, SBI and Kotak Mahindra bank among others. India online loans market has grown at a CAGR of ~% in terms of revenue generated from FY’2010-FY’2014. According to the research report, the Indian online loans market will grow at a considerable CAGR of ~% thus inclining to INR 9.0 billion by FY’2019, due to increasing awareness about the uses of internet and increasing internet penetration.
“Surge in the investment activity, technological advancements and rising personal disposable income will further support the online loan sector. Additionally, safety concerns with respect to using internet for transactions and glitches in the online channel act as hindrances in the Indian online loans market”, according to the Research Associate, Ken Research.
Key Topics Covered in the Report:
India Online Loans Market
- Market Size by Loans Outstanding, Loans Disbursed and Revenue.
- Market Segmentation by
o Types of Loans
o Major Cities (Delhi/NCR, Mumbai, Bangalore, Pune and Others)
- Trends and Developments
- Major Opportunities
- Major Challenges
- Competition and Market Share
- Future Outlook and Projections
- Macro Economic Parameters
Key Loan Segments Mentioned in the Report
Online Personal Loans
Online Home Loans
Online Auto Loans
Online Education Loans
Online Gold Loans
Companies Covered in the Report
HDFC Bank
ICICI Bank
State Bank of India
Kotak Mahindra
Axis Bank
IDBI Bank
Punjab National Bank
Policy bazaar
Bank Bazaar
Apnapaisa
Rupeetalk
Related Reports:
India Online Insurance Outlook to 2019 - Driven by Internet Growth and Web Aggregators Industry
India ATM Managed Services and Outsourcing Market Outlook to 2019 - Spurred by Expansion of the ATM Network
Source: https://www.kenresearch.com/banking-financial-service-insurance/financial-services/india-online-loan-market-research-report/622-93.html
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Ken Research
Ankur Gupta, Head Marketing & Communications
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