Private Credit Market Projected to Reach USD 3.48 Trillion Globally by 2031
A new report from Mordor Intelligence forecasts the global private credit market will grow from USD 1.96 trillion in 2026 to USD 3.48 trillion by 2031, driven by direct lending and specialty finance. The analysis highlights increasing demand from businesses for flexible financing and growing institutional investor participation. North America leads the market, with Europe and Asia-Pacific also showing strong growth.