DUBLIN--(BUSINESS WIRE)--The "Microfinance Market Research Report by Service (Group & Individual Micro Credit, Insurance, and Leasing), Providers, Region - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Global Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The Global Microfinance Market size was estimated at USD 261.84 billion in 2022, USD 288.25 billion in 2023, and is projected to grow at a CAGR of 10.56% to reach USD 584.83 billion by 2030.
The report delivers insights on COVID-19, considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments
. The dedicated section in the report uncovers a detailed analysis of the impact of COVID-19 and its subsequent variant outbreaks on demand, supply, price, and vendor uptake and provides recommendations for sustainable outcomes. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the Global Microfinance Market.
Cumulative Impact of Russia-Ukraine Conflict:
This contention has severely affected people's lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on Ukraine and reverberate harsh long-term effects on Russia.
The report uncovers the implications for demand-supply balances, pressure on pricing variants, impact on import/export and trading, and short-term recommendations to the Global Microfinance Market considering the current update on the conflict and its global responses.
Cumulative Impact of High Inflation:
The high inflation in developed economies globally has resulted in an overall price surge over the past two years. The cumulatively eroding overall purchasing power is expected to impact developing economies significantly and is considered helpful in numerous ways.
The report uncovers the effect of high inflation on the long-term performance of the global economy and provides details on fiscal policies measuring and reducing its short-term impacts on demand/supply, cash flow, and currency exchange. The Global Microfinance Market report delivers the high inflation expectation considering the related impact from cost-push and demand-pull inflation.
Market Statistics:
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make better decisions. In this report, the years 2018 and 2021 are considered as historical years, 2022 as the base year, 2023 as the estimated year, and years from 2024 to 2030 are considered as the forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes vendors in the Global Microfinance Market. based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) and placed into four quadrants (F: Forefront, P: Pathfinder, N: Niche, and V: Vital). The Global Microfinance Market FPNV Positioning Matrix representation/visualization further aids businesses in better decision-making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market, providing the idea of revenue generation into the overall market compared to other vendors in the space. This provides insights on vendors performance in terms of revenue generation and customer base compared to others.
The Global Microfinance Market Share Analysis offers an idea of the size and competitiveness of the vendors for the base year. The outcome reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
Competitive Scenario:
The Competitive Scenario provides an outlook analysis of the various strategies for business growth adopted by the vendors. The news in this section covers valuable insights at various stages while keeping up with the business and engaging stakeholders in the economic debate.
The Global Microfinance Market Competitive Scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected helps vendors understand the gaps in the marketplace and competitor's strengths and weaknesses, providing insights to enhance products and services.
Market Dynamics
Drivers
- Surging number of SMEs worldwide
- Increasing awareness of benefits provided by microfinance
- Involvement of government in microfinance schemes
Restraints
- Stringent intellectual property rights and concerns for regulatory compliances
Opportunities
- Rising trend of deployment of various applications through the cloud
- Adoption of AI, machine learning, and blockchain-based digital microfinance platforms and solutions
Challenges
- Cyber attacks on financing services
Cumulative Impact of COVID-19
Cumulative Impact of Russia-Ukraine Conflict
Cumulative Impact of High Inflation
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Regulatory Framework
Company Usability Profiles:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Microfinance Market, including
- Accion International
- Al-Barakah Microfinance Bank
- Alamana Microfinance
- Annapurna Finance (P) Ltd.
- Asirvad Microfinance Limited
- BSS Microfinance LTD.
- DMI Finance Private Limited
- Fundera, Inc.
- GC Business Finance
- Grameen America
- Kiva Microfunds
- LiftFund
- Madura Microfinance Ltd.
- Microfinance Ireland DAC
- Pacific Community Ventures Inc.
For more information about this report visit https://www.researchandmarkets.com/r/myuqcw
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