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. Get Access Full Report? Inquiry Here@ https://www.techsciresearch.com/sample-report.aspx?cid=8043 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. 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.

1. MARKET INTELLIGENCE . CONSULTING
www.techsciresearch.com
SAUDI ARABIA DIGITAL LENDING MARKET
2016 – 2026
MARKET FORECAST & OPPORTUNITIES

2. 2
Scope of Report
Product of Interest (POI): Digital Lending
Review Period
2016 – 2019
Base Year
2020
Estimated Year
2021
Forecast Period
2022 – 2026
Year Range
Digital lending refers to the online disbursal of loans where all processes, even loan
approval and recovery, take place remotely, typically through mobile apps. The shift is
part of the digital transformation pushed by the pandemic.
Market Segmentation
DEPLOYMENT MODE
• Cloud
• On-Premises
REGIONS
• Western Region
• Northern & Central
Region
• Eastern Region
• Southern Region
END USER
• BFSI
• Insurance
• Credit Unions
• Peer-to-Peer Lenders
• Retail Banking
• Others
COMPONENT
• Solution
• Loan Origination
• Decision Automation
• Portfolio Management
• Loan Servicing
• Risk and Compliance
Management
• Loan Management
• Business Process Management
• Others
• Service
• Professional
• Managed
BUSINESS MODEL
• Customer Driven
• Staff Driven

3. 3
Table of Contents
S. No. Contents
1.
Product Overview (A brief description of the category and product inclusions considered under the scope of
the study to give clear picture to the client about the product of interest.)
2.
Research Methodology (Detailed description of the methodology used to conduct the research, Raw data
backup, list of all secondary sources, List of respondents for primary surveys)
3. Impact of COVID-19 on Saudi Arabia Digital Lending Market
4. Executive Summary
5. Voice of Customer
6. Saudi Arabia Digital Lending Market Outlook, 2016-2026F
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Component (Solution v/s Service)
6.2.1.1.
By Solution (Loan Origination, Decision Automation, Portfolio Management,
Loan Servicing, Risk and Compliance Management, Loan Management,
Business Process Management, Others)
6.2.1.2. By Service (Professional v/s Managed)
6.2.2. By Deployment Mode (Cloud, On-Premises)
6.2.3. By Business Model (Customer Driven v/s Staff Driven)
6.2.4.
By End User (BFSI, Insurance, Credit Unions, Peer-to-Peer Lenders, Retail Banking,
Others)
6.2.5. By Region
6.2.6 By Company (2020)
6.3 Market Map

4. 4
Table of Contents
S. No. Contents
7. Saudi Arabia On-Premise 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. Saudi Arabia Cloud Digital Lending Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Component
8.2.2. By Business Model
8.2.3. By End User
8.2.4. By Region

5. 5
Table of Contents
S. No. Contents
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends & Developments
11. Policy & Regulatory Landscape
12. Saudi Arabia Economic Profile
13. Competitive Landscape
13.1. Company Profiles
13.1.1. Company Details
13.1.2. Products & Services
13.1.3 Financials (As Reported)
13.1.4. Key Market Focus & Geographical Presence
13.1.5. Recent Developments
13.1.6. Key Management Personnel
14.
Strategic Recommendations (Based on the findings of the report strategic recommendations on how to
enter and expand market share)
15. About Us & Disclaimer

6. RESEARCH
METHODOLOGY

7. 7
Research Methodology
✓ Identifying Key Opinion
Leaders
✓ Questionnaire Design
✓ In-depth Interviews
Data
Collection
Developing List
of Respondents
Formulating
Questionnaire
Market
Profiling
Data
Validation
Data
Analysis
In-depth secondary
research was conducted to
determine top players in
Saudi Arabia digital lending
market, overall market size
and segmental market size.
In order to conduct
industry experts’
interviews, TechSci
formulated a detailed
discussion guide.
List of industry
players and industry
specialists was
developed.
TechSci conducted
interviews with
industry experts and
industry players for
data collection and
verification.
Data obtained as a
result of primary
and secondary
research was
validated through
rigorous
triangulation.
The data was scrutinized
using MS-Excel, statistical
tools and internal
proprietary database to
obtain qualitative and
quantitative insights about
Saudi Arabia digital lending
market.
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
Primary Research Desk Research Company Analysis
✓ Recent Developments
✓ Market Changing
Aspects/Dynamics
✓ Government Policies
✓ Final Conclusion
✓ Market Participants
✓ Key Strengths
✓ LinkedIn
✓ TechSci Internal
Database
✓ Factiva
✓ Hoovers
Paid Sources
✓ Company Websites
✓ Company Annual
Reports
✓ White Paper Study
✓ Financial Reports
✓ Investor
Presentations
✓ Regulatory Body
✓ Associations, etc.
Secondary
Research
Primary Research

8. 8
Research Methodology
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of Saudi Arabia digital lending market. The team has
analyzed the outlook of various segments of this market, while considering the major influencing factors such as 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 study includes market forecasting, which would enable our clients to take better
decisions while planning their strategy to achieve sustainability in Saudi Arabia digital lending market.
Methodology Followed for Calculation of Market Size:
• Market Size by Value: Market size, in terms of value, for the year 2020 was calculated based on information collected through exhaustive
secondary research and primary surveys, with various key opinion leaders/stakeholders, such as automotive companies, distributors,
suppliers, industry experts, and other industry participants.
• The team interviewed more than 40 – 50 automotive digital lending companies, 180 – 200 end users, and 15 – 20 Industry experts and other
value chain stakeholders in Saudi Arabia digital lending market to obtain the overall market size for 2016-2020, which was validated by the
Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data for 2016-
2020.

9. 9
Research Methodology
• Respondents were asked about the current and future market growth rates, market shares by component, by deployment mode, by
business model, by end user, by company and by each region. Removing the outlier responses, the geometric mean of growth estimates
and supplier wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares
generated across various segments were further triangulated from other stakeholders depending upon the type of digital lending.
Methodology Followed for Calculation of Market Shares:
Market shares by component, by deployment mode, by business model, by end user, by company and by each region were calculated based on
the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares, trends
and recent development in the Saudi Arabia digital lending market. The final shares were calculated by taking the geometric mean of the
responses gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in
SPSS/Tableau Software.
• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast Saudi Arabia
digital lending market, TechSci Research used various forecast techniques such as:
✓ Moving Average
✓ Time Series Analysis
✓ Regression Analysis
✓ Econometric and Judgmental Analysis

10. 10
Research Methodology
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research
also used the impact analysis during short, medium and long-term period to estimate and analyze the market demand scenario. It should be
noted that the figures compiled are only for the organized market including market share data.
Partial List of Companies Interviewed Key Secondary Sources
▪ Nucleus Software
▪ FIS, Inc
▪ Temenos AG
▪ Fiserv, Inc.
▪ Newgen Software Technologies Limited
▪ Arabian Hala Co.
▪ Saudi Fintech Company
▪ Sulfah
▪ Forus
▪ Saudi Arabian Monetary Authority
▪ World Bank
▪ TechSci Research Proprietary Database & Knowledge
Repository
▪ Company Annual Reports
▪ Industry Magazines
▪ Industry Reports
▪ Statista
▪ News Dailies
▪ Credible Paid Databases

11. 11
Industry Brief
Rising rate of internet penetration and growing popularity of peer-to-peer lending is expected to drive the Saudi Arabia Digital Lending market throughout the
forecast period.
According to TechSci Research report, “Saudi Arabia Digital Lending Market By Component (Solution v/s Service) By Solution (Loan Origination, Decision
Automation, Portfolio Management, Loan Servicing, Risk and Compliance Management, Loan Management, Business Process Management, Others) By
Service (Professional v/s Managed) By Deployment Mode (On-Premise v/s Cloud) By Business Model (Customer Driven v/s Staff Driven) By End User (BFSI,
Insurance, Credit Unions, Peer-to-Peer Lenders, Retail Banking, Others), By Region, Company Forecast & Opportunities, 2026”, The Saudi Arabia Digital
Lending market is expected to grow at a steady rate during the forecast period. Digital lending is the process of providing loans to consumers through digital
platforms. Digital Lending facilitates borrowers and lenders to lend money through electronic means without using paper and is easier to use which ensures a
higher consumer experience. Ongoing Saudi Vision 2030 promotes the digitization process to achieve higher efficiency and performance in different industry
verticals. The rapid adoption of digitization by the BFSI industry fastens the process of loan lending and is easier than the traditional method. High-end
investments by the major players to upgrade the existing infrastructure of the Digital Lending platform and coupled with higher adoption of advanced
technologies such as artificial intelligence, machine learning, cloud computing is expected to benefit the growth of the Digital Lending market in the next five
years. These technologies offer a fast, transparent, and easy process of raising the loan. Complexities and the risks associated with the lending process are
pushing organizations to adopt digital services due to the presence of sensitive financial data. The rise in the number of cyberattacks has adversely affected
financial institutions owing to huge monetary losses.
The COVID-19 outbreak across the world which has been declared as a pandemic by World Health Organization has affected several countries adversely.
Leading authorities of Saudi Arabia imposed lockdown restrictions and released a set of precautionary measures to contain the spread of novel coronavirus.
Coronavirus-affected patients started suffering from shortness of breath along with coughing and sneezing. Consumers started to avoid going out and preferred
online platforms over traditional methods to avail loans. The rise in adoption for online channels coupled with attractive offers given by Digital Lending platforms
is expected to fuel the market growth in this period.
However, rising concerns about data security and privacy may create a hindrance in the Saudi Arabia Digital Lending market growth.
Saudi Arabia Digital Lending market is segmented into component, deployment mode, business model, regional distribution, company. Based on end user, the
market can be divided into BFSI, insurance, credit unions, peer-to-peer lenders, retail banking, and others. The BFSI end user segment is expected to dominate
the market in the forecast period, 2021-2026 owing to the widespread adoption of digital technology by the banks and growing preference for online lending.
Stringent regulations and favorable government policies are promoting the adoption of digital services in the BFSI industry. Based on component, the market is
bifurcated into solution and service. The solution segment is further divided into loan origination, decision automation, portfolio management, loan servicing, risk
and compliance management, loan management, business process management, and others. The business process management segment is expected to
witness significant growth in the forecast period owing to the technological advancements in cloud computing and big data analytics. It also lowers operational
costs and increases overall productivity.
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 are some of the leading players operating in Saudi Arabia Digital Lending market. Companies operating in the market
are using strategies such as joint ventures, product launches, mergers, and research collaborations to boost their share and increase their geographic reach.
“To promote the growth of Digital Lending platforms in Saudi Arabia, the government along with Gulf International Bank – Saudi Arabia (GIB) and Social
Development Bank (SDB) launched a digital financing platform for micro and small enterprises. This platform uses Beehive modern technology solution which
provides insights to make informed decisions and ensures a swift and efficient process making the lending process easier and more accessible. Therefore,
supportive government initiatives along with strong economic growth of Saudi Arabia is anticipated to propel the market growth till 2026” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management consulting firm.

12. 12
Sample Data - Snapshot
Saudi Arabia Digital Lending Market Size, By Value (USD Million), 2016–2026F
5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00
2016 2020 2021E 2026F
CAGR By Value
XX%
CAGR By Value
YY%
Saudi Arabia Digital Lending Market Share, By Component, By Value, 2016–2026F
50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%
50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%
2016 2017 2018 2019 2020 2021E 2022F 2023F 2024F 2025F 2026F
Service
Solution
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
2016
2017
2018
2019
2020
2021E
2022F
2023F
2024F
2025F
2026F
Loan Origination Decision Automation Portfolio Management
Loan Servicing Risk and Compliance Management Loan Management
Saudi Arabia On-Premise Digital Lending Market Share, By Solution, By Value, 2016 & 2026F

13. 13
Report Ordering
Report Name: SAUDI ARABIA DIGITAL LENDING MARKET
MARKET FORECAST & OPPORTUNITIES
2016 – 2026
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14. About Us & Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in
number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The
proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’
model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich
evaluation of the opportunities available in the market.
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Others), By Deployment Mode (Cloud & On-premises), By End-User Industry (Government, BFSI, Corporates/Private Organizations, Retail,
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Others), and By Region
The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely,
accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers
reliable and firsthand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or
omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this
report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market
size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.
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