How big is the Micro Finance Market?

The Micro Finance Market size is expected to reach USD 232.18 billion in 2024 and grow at a CAGR of 10.58% to reach USD 383.89 billion by 2029. Read More

What is the current Micro Finance Market size?

In 2024, the Micro Finance Market size is expected to reach USD 232.18 billion. Read More

Which is the fastest growing region in Micro Finance Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Micro Finance Market?

In 2024, the North America accounts for the largest market share in Micro Finance Market. Read More

What years does this Micro Finance Market cover, and what was the market size in 2023?

In 2023, the Micro Finance Market size was estimated at USD 207.62 billion. The report covers the Micro Finance Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Micro Finance Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Micro Finance Market Market Share

Statistics for the 2023 & 2024 Micro Finance Market market share, created by Mordor Intelligence™ Industry Reports. Micro Finance Market share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Micro Finance Industry

The microfinance market is fragmented. Microfinance is a multi-faceted industry that combines banks, conventional microfinance providers, innovative fintech companies, and non-governmental organizations. The microfinance market is constantly evolving due to changing consumer preferences, new technology in the industry, and an increased focus on response lending. The major players dominating the market are Annapurna Finance, BSS Microfinance Limited, Asirvad Microfinance Limited, Bandhan Bank, and CreditAccess Grameen Limited.