Commercial Lending Market Growth Trajectory Through 2024-2033

The Commercial Lending Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Commercial Lending Global Market Report 2024, The commercial lending market size has grown rapidly in recent years. It will grow from $14152.54 billion in 2023 to $16442.29 billion in 2024 at a compound annual growth rate (CAGR) of 16.2%. The growth in the historic period can be attributed to economic expansion periods, low interest rates, deregulation of financial sectors, increased consumer spending, and favorable credit conditions.

The commercial lending market size is expected to see rapid growth in the next few years. It will grow to $30090.48 billion in 2028 at a compound annual growth rate (CAGR) of 16.3%. The growth in the forecast period can be attributed to changes in interest rates, economic recovery trends, government fiscal policies, business investment plans, and inflationary pressures. Major trends in the forecast period include increased fintech adoption, growing digital transformation, enhanced regulatory scrutiny, expanding credit access, and shifting market dynamics.

The growth of small and medium-sized enterprises is expected to propel the growth of the commercial lending market going forward. Small and medium-sized enterprises (SMEs) are businesses with a limited number of employees and revenue, varying by country and industry. Small and medium-sized enterprises (SMEs) are increasing due to their adaptability to market changes, lower operational costs, innovation capabilities, government support programs, and the growing accessibility of digital tools and technologies that empower entrepreneurship and business scalability. Commercial lending significantly supports the growth of small and medium-sized enterprises by supplying essential capital for expansion, operational requirements, and new investments. For instance, in October 2022, according to the Department for Business, Energy, and Industrial Strategy (BEIS), a UK-based government ministerial department, small and medium-sized enterprises (SMEs) accounted for 61% of total employment in 2022, with their total employment rising from 16.3 million at the start of 2021 to 16.4 million at the start of 2022, reflecting a 0.6% increase. Additionally, in May 2024, according to the business statistics published by the House of Commons Library, a UK-based Parliament research and information service, the UK had 5.5 million small or medium-sized businesses (SMEs) in 2023, comprising over 99% of the total business population. Therefore, the growth of small and medium-sized enterprises is driving the growth of the commercial lending market.

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The commercial lending market covered in this report is segmented –

1) By Type: Unsecured Lending, Secured Lending
2) By Provider: Banks, Non-Banking Financial Companies (NBFCs)
3) By Enterprise Size: Large Enterprises, Small And Medium Sized Enterprises

Major companies operating in the commercial lending market are focusing on developing innovative solutions, such as next-generation corporate lending artificial intelligence solutions, to enhance decision-making efficiency and risk management. Next-generation corporate lending artificial intelligence solutions refer to advanced technologies that use AI to automate and optimize lending processes, enhance credit risk assessment, and improve decision-making. For instance, in January 2023, Temenos AG (Temenos), a Switzerland-based company that provides banking software systems, launched a next-generation AI-driven corporate lending solution aimed at helping banks streamline their commercial loan portfolios and improve servicing capabilities. This innovative platform is designed to address the complexities of loan processing and lifecycle management across various lending lines and geographies, catering to both large-tier and regional banks that often face challenges due to disparate systems and a lack of integration.

The commercial lending market report table of contents includes:

1. Executive Summary
2. Commercial Lending Market Characteristics
3. Commercial Lending Market Trends And Strategies
4. Commercial Lending Market – Macro Economic Scenario
5. Global Commercial Lending Market Size and Growth
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32. Global Commercial Lending Market Competitive Benchmarking
33. Global Commercial Lending Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Commercial Lending Market
35. Commercial Lending Market Future Outlook and Potential Analysis
36. Appendix