The "Germany Embedded Finance Business and Investment Opportunities Databook 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments Q2 2024 Update" report has been added to ResearchAndMarkets.com's offering.
The embedded finance industry in the country is expected to grow by 6.8% annually to reach US$8.15 billion in 2024. The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 21.4% from 2024 to 2029. The country's embedded finance revenues will increase from US$8.15 billion in 2024 to reach US$21.51 billion by 2029.
This report offers a comprehensive, data-centric analysis of the embedded finance industry. It covers lending, insurance, payment, wealth and asset-based finance sectors and provides a detailed breakdown of market opportunities and risks across various sectors. With over 75+ KPIs at the country level, this report ensures a thorough understanding of embedded finance market dynamics, market size, and forecast.
Germany's embedded finance sector has experienced rapid growth due to strategic partnerships, innovative product launches, and supportive regulatory changes. The integration of financial services into everyday activities is enhancing convenience and personalization for consumers, while ongoing adjustments in regulations ensure data privacy and security.
Growth in the Embedded Finance Sector
Over the past few months, Germany has witnessed significant growth in the embedded finance sector, driven by increased partnerships between banks, fintech companies, e-commerce platforms, and other non-financial entities. These collaborations have enabled the seamless integration of financial services into everyday activities, such as shopping, travel, and digital communication.
Key Developments in the Embedded Finance Sector
Product Launches and Innovations
Embedded Insurance Innovations: Numerous startups have introduced new embedded insurance products, capitalizing on the growing insurtech wave. These products are designed to integrate seamlessly into various platforms, offering users tailored insurance solutions based on their specific needs and behaviors.
Frictionless In-App Payment Solutions: There has been a rise in the launch of embedded payment solutions that facilitate smoother in-app transactions. These innovations include one-click payment features in e-commerce and ride-hailing apps, enhancing user experience by making transactions faster and more convenient.
Hyper-Personalized Financial Products: Companies are leveraging data analytics to offer highly personalized financial products, such as microloans recommended at checkout based on individual purchase histories, enhancing the relevance of financial services to consumers.
Strategic Partnerships
Solaris and Samsung Electronics, Grover, Navit: In 2024, Solaris, a leading player in the German banking market, forged unique partnerships with brands such as Samsung Electronics, Grover (a technology rental platform), and Navit (a B2B mobility platform) to launch innovative embedded finance products.
Vodeno and Swan: New generation embedded finance providers like Vodeno and Swan have also been venturing into interesting partnerships in Germany.
Mercedes Benz, Visa and Mastercard: German automaker Mercedes Benz is experimenting with Visa and Mastercard to enable tokenized payments in cars, demonstrating the growing integration of embedded payments in the automotive industry.
Regulatory Changes
Support for Digitalization: The German government continues to promote digitalization across industries, which includes fostering the growth of embedded finance solutions. This initiative aims to integrate financial services into various sectors, enhancing efficiency and accessibility for consumers and businesses alike.
Regulatory Framework Adjustments: There have been ongoing discussions regarding the adaptation of regulatory frameworks to accommodate the rapid growth of embedded finance. This includes considerations for open banking regulations and compliance measures that ensure data security and consumer protection while facilitating innovation.
Focus on Data Privacy and Security: With financial services integrating into non-financial platforms, there's a greater emphasis on data privacy. Regulatory bodies are reinforcing compliance with laws like the General Data Protection Regulation (GDPR) to protect consumer data as embedded finance solutions expand.
Key Attributes:
Report Attribute | Details |
No. of Pages | 130 |
Forecast Period | 2024 2029 |
Estimated Market Value (USD) in 2024 | $8.2 Billion |
Forecasted Market Value (USD) by 2029 | $21.5 Billion |
Compound Annual Growth Rate | 21.4% |
Regions Covered | Germany |
Scope
Germany Embedded Finance Market Size and Forecast
- Embedded Finance by Key Sectors
- Retail
- Logistics
- Telecommunications
- Manufacturing
- Consumer Health
- Others
- Embedded Finance by Business Model
- Platforms
- Enabler
- Regulatory Entity
- Embedded Finance by Distribution Model
- Own Platforms
- Third Party Platforms
Germany Embedded Insurance Market Size and Forecast
- Embedded Insurance by Industry
- Embedded Insurance in Consumer Products
- Embedded Insurance in Travel Hospitality
- Embedded Insurance in Automotive
- Embedded Insurance in Healthcare
- Embedded Insurance in Real Estate
- Embedded Insurance in Transport Logistics
- Embedded Insurance in Others
- Embedded Insurance by Consumer Segments
- B2B
- B2C
- Embedded Insurance by Type of Offering
- Embedded Insurance in Product Segment
- Embedded Insurance in Service Segment
Embedded Insurance by Business Model
- Platforms
- Enabler
- Regulatory Entity
- Embedded Insurance by Distribution Model
- Own Platforms
- Third Party Platforms
- Embedded Insurance by Distribution Channel
- Embedded Sales
- Bancassurance
- Broker's/IFA's
- Tied Agents
- Embedded Insurance by Insurance Type
- Embedded Insurance in Life Segment
- Embedded Insurance in Non-Life Segment
- Embedded Insurance in Non-Life Segment
- Motor Vehicle
- Fire and Property
- Accident and Health
- General Liability
- Marine, Aviation and other Transport
- Other
Germany Embedded Lending Market Size and Forecast
- Embedded Lending by Consumer Segments
- Business Lending
- Retail Lending
- Embedded Lending by B2B Sectors
- Embedded Lending in Retail Consumer Goods
- Embedded Lending in IT Software Services
- Embedded Lending in Media, Entertainment Leisure
- Embedded Lending in Manufacturing Distribution
- Embedded Lending in Real Estate
- Embedded Lending in Other
- Embedded Lending by B2C Sectors
- Embedded Lending in Retail Shopping
- Embedded Lending in Home Improvement
- Embedded Lending in Leisure Entertainment
- Embedded Lending in Healthcare and Wellness
- Embedded Lending in Other
- Embedded Lending by Type
- BNPL Lending
- POS Lending
- Personal Loans
- Embedded Lending by Business Model
- Platforms
- Enabler
- Regulatory Entity
- Embedded Lending by Distribution Model
- Own Platforms
- Third Party Platforms
Germany Embedded Payment Market Size and Forecast
- Embedded Payment by Consumer Segments
- B2B
- B2C
- Embedded Payment by End-Use Sector
- Embedded Payment in Retail Consumer Goods
- Embedded Payment in Digital Products Services
- Embedded Payment in Utility Bill Payment
- Embedded Payment in Travel Hospitality
- Embedded Payment in Leisure Entertainment
- Embedded Payment in Health Wellness
- Embedded Payment in Office Supplies Equipment
- Embedded Payment in Other
- Embedded Payment by Business Model
- Platforms
- Enabler
- Regulatory Entity
- Embedded Payment by Distribution Model
- Own Platforms
- Third Party Platforms
Germany Embedded Wealth Management Market Size and Forecast
Germany Asset Based Finance Management Industry Market Size and Forecast
- Asset Based Finance by Type of Asset
- Hard Assets
- Soft Assets
- Asset Based Finance by End Users
- SME's
- Large Enterprises
For more information about this report visit https://www.researchandmarkets.com/r/onuq8a
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