Saudi Arabia Digital Lending market is expected to grow at a steady rate during the forecast period. Oil is the major revenue-generating industry of Saudi Arabia therefore, to reduce the dependency and diversify other revenue-generating sources leading authorities are promoting the growth of new business solutions. The presence of dynamic entrepreneurs in the country requiring huge financial support is the major driver in the forecast period. The role of incubators and funding is crucial for the development of budding companies thereby fueling the growth of the digital lending market. Digitization of the financial lending process ensures error-free financial records with no human error and helps in better analysis and monitoring of the financial transactions. The government is launching supportive initiatives to promote the growth of entrepreneurs in the country by ensuring the smooth operation of start-ups with the introduction of favorable policies and income tax rebates. High internet penetration and proliferation of smart devices are influencing the digital lending market growth. Rising awareness about cybersecurity and technological advancements leading to enhanced protection during online transactions with providing extra security layers is fostering the growth of the digital lending market. The presence of business-friendly regulations in the country owing to the lower number of days and easy procedures required to start a business are contributing to fuel the growth of the digital lending market.

Saudi Arabia Digital Lending market is segmented into component, deployment mode, business model, end user, regional distribution, and company. Based on deployment mode, the market can be divided into on-premise and cloud. The cloud segment is expected to witness growth during the forecast period, 2022-2026. With cloud solutions, applications can be accessed from a remote location at any time. Cloud solutions are cost-effective in nature and provide a high level of security to the system which is the major reason for its preference over its counterpart. 

The major players operating on the Digital Lending market are Nucleus Software, FIS, Inc, Temenos AG, Fiserv, Inc., Newgen Software Technologies Limited, Arabian Hala Co., Saudi Fintech Company, Sulfah, Forus, Saudi Arabian Monetary Authority, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022–2026

Objective of the Study:

  • To analyze and estimate the market size of Saudi Arabia Digital Lending market from 2016 to 2019.
  • To estimate and forecast the market size of Saudi Arabia Digital Lending market from 2020 to 2026 and growth rate until 2026.
  • To classify and forecast Saudi Arabia Digital Lending market based on component, deployment mode, business model, end user, regional distribution, and company.
  • To identify dominant region or segment in the Saudi Arabia Digital Lending market.
  • To identify drivers and challenges for Saudi Arabia Digital Lending market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia Digital Lending market.
  • To identify and analyze the profile of leading players operating in Saudi Arabia Digital Lending market.
  • To identify key sustainable strategies adopted by market players in Saudi Arabia Digital Lending market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of Saudi Arabia Digital Lending market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research. 

Key Target Audience:

  • Digital lending service provider companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to Digital Lending market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Saudi Arabia Digital Lending market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Saudi Arabia Digital Lending Market, By Component:
    • Solution
      • Loan Origination
      • Decision Automation
      • Portfolio Management
      • Loan Servicing
      • Risk and Compliance Management
      • Loan Management
      • Business Process Management
      • Others
    • Service
      • Professional
      • Managed
  • Saudi Arabia Digital Lending Market, By Deployment Mode:
    • On-Premise
    • Cloud
  • Saudi Arabia Digital Lending Market, By Business Model:
    • Customer Driven
    • Staff Driven
  • Saudi Arabia Digital Lending Market, By End User:
    • BFSI
    • Insurance
    • Credit Unions
    • Peer-to-Peer Lenders
    • Retail Banking
    • Others
  • Saudi Arabia Digital Lending Market, By Region:
    • Western Region
    • Northern & Central Region
    • Eastern Region
    • Southern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Digital Lending market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Saudi Arabia Digital Lending market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Saudi Arabia Digital Lending Market

4.    Executive Summary

5.    Saudi Arabia Digital Lending Market Outlook

5.1.  Market Size & Forecast

5.1.1. By Value

5.2.  Market Share & Forecast

5.2.1.   By Component (Solution v/s Service)

5.2.1.1.         By Solution (Loan Origination, Decision Automation, Portfolio Management, Loan Servicing, Risk and Compliance Management, Loan Management, Business Process Management, Others)

5.2.1.2.         By Service (Professional v/s Managed)

5.2.2. By Deployment Mode (On-Premise v/s Cloud)

5.2.3. By Business Model (Customer Driven v/s Staff Driven)

5.2.4. By End User (BFSI, Insurance, Credit Unions, Peer-to-Peer Lenders, Retail Banking, Others)

5.2.5. By Region

5.2.6. By Company (2020)

5.3.  Product Market Map

6.    Saudi Arabia On-Premise Digital Lending Market Outlook

6.1.  Market Size & Forecast          

6.1.1. By Value

6.2.  Market Share & Forecast

6.2.1. By Component

6.2.2. By Business Model

6.2.3. By End User

6.2.4. By Region

7.    Saudi Arabia Cloud Digital Lending Market Outlook

7.1.  Market Size & Forecast          

7.1.1. By Value

7.2.  Market Share & Forecast

7.2.1. By Component

7.2.2. By Business Model

7.2.3. By End User

7.2.4. By Region

8.    Market Dynamics

8.1.  Drivers

8.2.  Challenges

9.    Market Trends & Developments

10.  Policy & Regulatory Landscape

11.  Saudi Arabia Economic Profile

12.  Competitive Landscape

12.1.              Company Profiles

12.1.1.   Nucleus Software

12.1.2.   FIS, Inc

12.1.3.   Temenos AG

12.1.4.   Fiserv, Inc.

12.1.5.   Newgen Software Technologies Limited

12.1.6.   Arabian Hala Co.

12.1.7.   Saudi Fintech Company

12.1.8.   Sulfah

12.1.9.   Forus

12.1.10. Saudi Arabian Monetary Authority

13.  Strategic Recommendations

14. About Us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]