Microfinance Market Growth, Trends, and Forecast | 2031
Tamaño y tendencias del mercado de microfinanzas
Se espera que el tamaño del mercado de microfinanzas crezca desde 274,3 dólares estadounidenses. mil millones en 2023 a 528,7 mil millones de dólares en 2031; se prevé que se expandirá a una tasa compuesta anual del 8,6% de 2023 a 2031. Se espera que el cambio de los préstamos tradicionales a las microfinanzas impulse el mercado.
Mercado de microfinanzas Análisis
La industria de las microfinanzas está adoptando avances tecnológicos para mejorar sus servicios y su alcance. Esto incluye el uso de banca móvil, pagos digitales y tecnologías financieras innovadoras. Estas tendencias del mercado de microfinanzas permiten una mayor accesibilidad, eficiencia y conveniencia tanto para las instituciones de microfinanzas como para sus clientes. Hay un enfoque ampliado en el impacto social y la sostenibilidad dentro del mercado.
Descripción general del mercado de microfinanzas
< /p>
- Las microfinanzas se refieren a las condiciones de los servicios financieros para personas o grupos con bajos ingresos que normalmente están excluidos de los sistemas bancarios tradicionales. Su objetivo es centrarse en las necesidades financieras de las poblaciones marginadas, especialmente las mujeres y la población marginada, ofreciendo pequeños préstamos para capital de trabajo, micropréstamos o microcréditos. Sin embargo, las instituciones de microfinanzas (IMF) también pueden proporcionar otros servicios financieros, como transferencias de dinero, seguros y cuentas de ahorro.
- El objetivo principal de las microfinanzas es mejorar el acceso a los servicios financieros para quienes están financieramente excluidos, promoviendo la autosuficiencia. e independencia económica. Desempeña un papel crucial en el empoderamiento de individuos y comunidades al brindarles los medios para iniciar o expandir sus negocios, gestionar riesgos y desarrollar resiliencia financiera.
- Las microfinanzas son particularmente importantes en los países en desarrollo, donde una parte considerable de la población carece de recursos. acceso al crédito formal o al ahorro. Al ofrecer servicios financieros y no financieros personalizados, las instituciones de microfinanzas contribuyen al alivio de la pobreza, el desarrollo económico y el logro de los objetivos de desarrollo sostenible de las Naciones Unidas.
- El mercado ha experimentado un crecimiento constante en los últimos años, este crecimiento refleja la creciente reconocimiento de la importancia de la inclusión financiera y el impacto positivo que las microfinanzas pueden tener en las personas y las empresas.
Impulsor del mercado de las microfinanzas
Pasar de los préstamos tradicionales a las microfinanzas para impulsar el mercado de las microfinanzas
- El mercado ha sido testigo de un cambio significativo de los préstamos tradicionales a las microfinanzas, impulsado por varios factores. Este cambio ha generado cambios positivos en el panorama financiero, particularmente para personas y grupos con bajos ingresos que anteriormente estaban excluidos del acceso a servicios financieros formales. Uno de los principales factores del cambio hacia las microfinanzas es el objetivo de promover la inclusión financiera.
- Las instituciones crediticias tradicionales a menudo tienen criterios de elegibilidad estrictos y exigen garantías, lo que dificulta el acceso al crédito para las personas de bajos ingresos. Las instituciones de microfinanzas, por otro lado, se centran en brindar servicios financieros a los desatendidos financieramente, permitiéndoles acceder a pequeños préstamos, microcréditos y otros productos financieros.
- Las microfinanzas son reconocidas por su potencial para aliviar la pobreza y contribuir al desarrollo sostenible. Al proporcionar a las personas los medios para iniciar o ampliar sus negocios, las microfinanzas ayudan a crear oportunidades de generación de ingresos, reducir el desempleo y mejorar los niveles de vida. Este impacto social ha atraído la atención y el apoyo de gobiernos, organizaciones internacionales e inversores de impacto, impulsando aún más el crecimiento del mercado de las microfinanzas.
Microfinanzas Análisis de segmentación del informe de mercado
- Según el proveedor, el mercado se segmenta en bancos e institutos de microfinanzas. (IMF), instituciones financieras no bancarias (IFNB) y otras. Se espera que el segmento bancario tenga una cuota de mercado de microfinanzas sustancial en 2023.
- Los bancos son instituciones financieras tradicionales que ofrecen una amplia gama de servicios financieros, incluidos préstamos, cuentas de ahorro y otros productos bancarios. En el contexto de las microfinanzas, los bancos desempeñan un papel importante en la prestación de servicios financieros a personas y microempresas de bajos ingresos. Pueden ofrecer microcréditos, microseguros y otros productos financieros adaptados a las necesidades de la población desatendida.
- Los bancos suelen tener una base de clientes más amplia y una infraestructura extensa, lo que los convierte en un segmento importante en el mercado. Las instituciones de microfinanzas son organizaciones especializadas que brindan servicios financieros a personas de bajos ingresos que tienen acceso inadecuado a los servicios bancarios tradicionales.
- Las IMF se centran en la inclusión financiera y apuntan a empoderar a las personas financieramente desatendidas ofreciendo micropréstamos, microcréditos, cuentas de ahorro y seguros. y otros productos financieros. A menudo se dirigen a poblaciones marginadas, incluidas mujeres, comunidades rurales y pequeños empresarios, lo que se prevé que impulse aún más el crecimiento del mercado de las microfinanzas.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The key players holding majority shares in the market are Bandhan Financial Services Pvt. Ltd.; CDC Small Business Finance Corp.; Cashpor Micro Credit; Grameen America Inc.; and KIVA.
The market is expected to reach US$ 528.7 billion by 2031.
The market was estimated to be US$ 274.3 billion in 2023 and is expected to grow at a CAGR of 8.6% during the forecast period 2023 - 2031.
Increased focus on social impact and sustainability is anticipated to play a significant role in the market in the coming years.
Shift from traditional loaning to microfinance and lower operating costs and reduced market risk are the major factors that propel the market.
- Bank Rakyat Indonesia (BRI)
- Annapurna Microfinance Pvt. Ltd.
- Bandhan Financial Services Pvt. Ltd.
- CDC Small Business Finance Corp.
- Cashpor Micro Credit
- Grameen America Inc.
- KIVA
- Madura Microfinance Ltd.
- Pacific Community Ventures
- ESAF Small Finance Bank
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published and advised several client across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organization are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.