BRICS Fintech Market Size | 2019-2032

BRICS Fintech Market Size and Forecast by Type, End Users, Industry, Transaction Types, and Region: Statistics | 2019-2032

Report Format:     | Pages: 160+
Type: Parent Industry Monitor | ID: FIN44240  | Publication: Sep 2024  |  US$1,345  |  

BRICS Fintech Market Growth and Performance

Key Takeaways:


  • The fintech market size in BRICS increased to US$ 4.80 Trillion in 2023, with a year-on-year growth rate of 26.4%.
  • By the end of 2032, the BRICS fintech market is on track to achieve US$ 46.71 Trillion, with a forecasted Compound Annual Growth Rate (CAGR) of 29.0% throughout the forecast period.
  • The fintech digital payment market segment is estimated to hold the largest market share of 84.2% and be valued at US$ 39.34 Trillion in 2032.
  • In 2032, 41.8% of the total spending in the BRICS fintech market is forecasted to come from China.

BRICS Fintech Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Type

Fintech Digital Payment

Fintech Digital Asset

Fintech Digital Investment

End Users

Individual Consumers

SMEs

Medium-sized Enterprises

Large Enterprises

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Transaction Types

Business-to-Consumer (B2C)

Business-to-Business (B2B)

Consumer-to-Consumer (C2C)

Consumer-to-Business (C2B)

 

BRICS Fintech Industry: Regional Coverage

 

Countries

BRICS

Brazil

Russia

India

China

South Africa

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