Report overview
In the past, the definition of a digital mortgage varied considerably across the industry. Today, most companies realize that it?s not just about having an online application on Web, nor is it simply offering an e-closing. Although automating the borrower application and the closing process is part of the digital mortgage experience, we believe the definition needs to be expanded to include the automation of every step throughout the entire loan process.
We define a digital mortgage as a holistic experience for the borrower, starting with targeted marketing and lead generation to the initial application to processing to underwriting to closing and beyond with postclose audits and marketing.
The Digital Mortgage Software industry can be broken down into several segments, Cloud-Based, On-Premises, etc.
This report aims to provide a comprehensive presentation of the global market for Digital Mortgage Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digital Mortgage Software. This report contains market size and forecasts of Digital Mortgage Software in global, including the following market information:
Global Digital Mortgage Software Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Digital Mortgage Software market was valued at US$ 2777 million in 2022 and is projected to reach US$ 7885.3 million by 2029, at a CAGR of 16.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North America is the largest region of Digital Mortgage Software in the world in the past few years. Asia Pacific market took up 4.21% the global market in 2019, while Europe and North America were about 14.60%, 76.48%.
Ellie Mae, Blend, Roostify, SimpleNexus, Salesforce, etc. are the key suppliers in the global Digital Mortgage Software market. Top 5 took up more than 29.64% of the global market in 2019.
We surveyed the Digital Mortgage Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Digital Mortgage Software Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Digital Mortgage Software Market Segment Percentages, by Type, 2022 (%)
Cloud-Based
On-Premises
Global Digital Mortgage Software Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Digital Mortgage Software Market Segment Percentages, by Application, 2022 (%)
Retail Lending
Residential Mortgage
Trade Finance
Others
Global Digital Mortgage Software Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Digital Mortgage Software Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Digital Mortgage Software revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Digital Mortgage Software revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Roostify
Ellie Mae
Blend
Streamloan
Maxwell
SimpleNexus
Salesforce
Cloudvirga
Blue Sage Solutions
RapidValue
WebMax
Preclose
Kofax
RealKey
Newgen Software
Outline of Major Chapters:
Chapter 1: Introduces the definition of Digital Mortgage Software, market overview.
Chapter 2: Global Digital Mortgage Software market size in revenue.
Chapter 3: Detailed analysis of Digital Mortgage Software company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Digital Mortgage Software in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.