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Factoring Market Geography Outlook (Revenue, USD bn, 2020-2025)
- Europe - size and forecast 2020-2025
- APAC - size and forecast 2020-2025
- South America - size and forecast 2020-2025
- North America - size and forecast 2020-2025
- MEA - size and forecast 2020-2025
60% of the market's growth will originate from Europe during the forecast period. The UK, France, and Germany are the key markets for factoring in Europe. Market growth in this region will be faster than the growth of the market in North America. The increasing stability of the economy will facilitate the factoring market growth in Europe over the forecast period.
Factoring Market Type Outlook (Revenue, USD bn, 2020-2025)
- Domestic - size and forecast 2020-2025
- International - size and forecast 2020-2025
The factoring market share growth by the domestic segment will be significant during the forecast period. In domestic factoring, all the three parties, including the factor, the buyer, and the seller are in the same country and are subject to the same laws and regulations. Domestic factoring provides short-term working capital and cash to MSMEs for sales in their domestic region. With the increase in domestic business in various regions, the domestic factoring market is expected to grow at a faster rate than the international factoring market during the forecast period.
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Factoring Market: Driver
The growing need for an alternative source of financing for MSMEs is one of the critical factors that will drive market growth during the forecast period. The provision of factoring in businesses offers working capital loans to help mitigate credit risks by creating dynamic incentives. Factoring has emerged as an upcoming source of finance, especially for MSMEs, in both emerging and developed economies. Receivable financing, bill discounting, and factoring can substitute the prerequisites of working capital financing, in turn, catering to the special needs of MSMEs.
Factoring Market: Trend
Key factoring market trends, such as the advent of blockchain in factoring services, will drive market growth. Increasing investments in blockchain technology by governments of various countries is a crucial factor expected to drive the integration of blockchain in the BFSI sector. Continuous innovation in terms of blockchain technology will help all stakeholders involved in factoring to reduce their risks.
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Some of the Major Factoring Companies:
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- ABS Global Factoring AG- The company offers factoring services such as full-service-factoring, factoring in restructuring, factoring in the export business, and factoring for start-ups.
- American Receivable- The company offers factoring services to reduce debt, improve credit rating and cash flow and more.
- CapitalPlus Construction Services- The company offers factoring services such as construction factoring, government contract factoring, spot factoring, and contract and volume factoring.
- CreditGate24 (Switzerland) AG
- Deutsche Sparkassen Leasing AG and Co. KG
- eCapital Corp.
- Factor Funding Co.
- New Century Financial Inc.
- Riviera Finance of Texas Inc.
- Universal Funding Corp.
The factoring market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
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Factoring Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Decelerate at a CAGR of 7.48% |
Market growth 2021-2025 |
$ 1457.01 bn |
Market structure |
Fragmented |
YoY growth (%) |
9.97 |
Regional analysis |
Europe, APAC, South America, North America, and MEA |
Performing market contribution |
Europe at 60% |
Key consumer countries |
UK, China, France, Germany, and US |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
ABS Global Factoring AG, American Receivable, CapitalPlus Construction Services, CreditGate24 (Switzerland) AG, Deutsche Sparkassen Leasing AG and Co. KG, eCapital Corp., Factor Funding Co., New Century Financial Inc., Riviera Finance of Texas Inc., and Universal Funding Corp. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- Domestic - Market size and forecast 2020-2025
- International - Market size and forecast 2020-2025
- Market opportunity by Type
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- Europe - Market size and forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ABS Global Factoring AG
- American Receivable
- CapitalPlus Construction Services
- CreditGate24 (Switzerland) AG
- Deutsche Sparkassen Leasing AG and Co. KG
- eCapital Corp.
- Factor Funding Co.
- New Century Financial Inc.
- Riviera Finance of Texas Inc.
- Universal Funding Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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