Adroit Market Research
Factoring Market by Type (Domestic Factoring, International Factoring), Region and Forecast 2018 to 2025
Single Use License: US$ +1 (214) 884-6068
sales@adroitmarketresearch.com
4400
www.adroitmarketresearch.com
Request Sample
Adroit Market Research
Factoring Market Size and Share 2025 • Adroit Market Research published a study on the “Global Factoring Market Size 2017 by Type (Domestic Factoring, International Factoring), Region (North America, Europe, Asia Pacific, South America, and the Middle East & Africa) and Forecast 2018 to 2025”. The study covers the global factoring market value for a period ranging in between 2015 to 2025, where 2015 to 2017 imply the historical value with forecast between 2018 and 2025. The global factoring market report also includes qualitative insights of the market such as customer landscape, vendor landscape, company analysis, and Porter’s Five Forces Analysis. • The global factoring market is projected to reach USD 9,275.15 billion by 2025. Growing awareness, technological advancement, need for financing, efficiency in process of receiving payment for invoices, increasing trade activities between countries and growing small and medium enterprises are some of the major factors due to which the demand for factoring is expected to grow during the forecast period. • Europe dominated the global factoring market by occupying 65.5% in 2017 followed by the Asia Pacific. North America contributed a smaller amount of market share in 2017. However, the volume of factoring is high when compared to a number of small & medium enterprises and big corporates. Hence, the adoption of factoring is high in North America region when compared with the Asia Pacific, which has a lot of potential market with most of the countries are in developing stage including Malaysia, India, Indonesia, Philippines, and Thailand.
+1 (214) 884-6068
sales@adroitmarketresearch.com
www.adroitmarketresearch.com
Adroit Market Research
Factoring Market Size and Share 2025 • Domestic factoring occupied more than 80.0% of global factoring market in 2017 and is expected to maintain its dominance during the forecast period. The small and medium enterprises play a major role in the development of countries GDP growth. However, this type of businesses run out of financials which is a major constraint for them and due to which many of SME’s are shut down. Here is where domestic factoring comes in play and helps SME’s to grow their business by taking the burden of their invoices and letting them focus on their operations. • As of 2017, the global factoring market is fragmented with a large number of domestic and international players. There are around more than 7,000 banks and technology companies that provide factoring services globally. Each region has a list of top players which covers the majority of the market by offering its services. Moreover, banks are integrating with technology to improve efficiency in the process of factoring. Blockchain, the latest technology is also being implemented in this service which is further enhancing the process of factoring by reducing the overall cost and increasing the profit margins. For instance, American International Group collaborated with TradeIX, an open platform for trade finance implemented blockchain in the factoring process.
+1 (214) 884-6068
sales@adroitmarketresearch.com
www.adroitmarketresearch.com
Adroit Market Research
Factoring Market Size and Share 2025 • Key segments of the global factoring market • Type Overview, 2015-2025 (USD Billion) • Domestic Factoring
• International Factoring
+1 (214) 884-6068
sales@adroitmarketresearch.com
www.adroitmarketresearch.com
Adroit Market Research
About Us
Contact Us
Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. Our analysts have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and machinery & equipment sectors across the world to identify new opportunities, potential customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for companies, and many more.
US Headquarters 3131 McKinney Ave Ste 600 Dallas, TX 75204 ,U.S.A +1 (214) 884-6068
sales@adroitmarketresearch.com
Phone: +1 (214) 884-6068 Email: sales@adroitmarketresearch.com
www.adroitmarketresearch.com