Global credit risk management industry expected to reach $3.9 billion by 2027 – ResearchAndMarkets.com


DUBLIN–(BUSINESS WIRE)–The report “Credit Risk Management: Global Strategic Business Report” has been added to from ResearchAndMarkets.com offer.

The global credit risk management market, estimated at US$1.4 billion in 2020, is expected to reach a revised size of US$3.9 billion by 2027, growing at a CAGR of 16. 1% over the 2020-2027 analysis period.

BFSI, one of the segments analyzed in the report, is expected to register a CAGR of 18.2% and reach US$1.8 billion by the end of the analysis period. Given the ongoing post-pandemic recovery, Retail & Consumer Goods segment growth is readjusted to a revised CAGR of 16.1% for the next 7-year period.

The US market is estimated at $370.8 million, while China is expected to grow at a CAGR of 21.4%

The credit risk management market in the United States is estimated to be worth US$370.8 million in 2020. China, the world’s second largest economy, is expected to reach a projected market size of US$890.9 million in 2020. by 2027, with a CAGR of 21.4% over the analysis period 2020 to 2027.

Other notable GeoMarkets include Japan and Canada, each predicting growth of 11.2% and 14.3% respectively over the 2020-2027 period. In Europe, Germany is expected to grow at a CAGR of approximately 12.7%. Led by countries like Australia, India, and South Korea, the Asia-Pacific market is expected to reach US$584 million by 2027.

The IT and telecom segment will register a CAGR of 14.6%

In the global IT and telecommunications segment, the United States, Canada, Japan, China and Europe will drive the estimated CAGR of 14.6% for this segment. These regional markets representing a combined market size of US$92.2 million in 2020 will reach a projected size of US$225.9 million by the end of the analysis period. China will remain among the fastest growing markets in this group of regional markets. Latin America will grow at a CAGR of 16.3% during the analysis period.

Select competitors (total of 23 featured) –

  • ACTICO GmbH

  • Experian Information Solutions Inc.

  • Finastra (Turaz Global Sarl)

  • Fiserv Inc.

  • IBM Corporation

  • Oracle Corporation

  • Pegasystems Inc.

  • Solver Inc.

  • SAP SE

  • SAS Institute Inc.

What’s new for 2022?

  • Global competitiveness and percentage market shares of main competitors

  • Market presence in multiple geographies – Strong/Active/Niche/Trivial

  • Peer-to-peer collaborative online interactive updates

  • Access to digital archives and research platform

  • Free updates for one year

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Overview of the influencer market

  • Global Market Trajectories

  • Impact of Covid-19 and a looming global recession

  • Credit risk management – Percentage of market share of the main global competitors in 2022 (E)

  • Competitive Market Presence – Strong/Active/Niche/Trivial for Gamers Worldwide in 2022 (E)

2. FOCUS ON CERTAIN PLAYERS

3. MARKET TRENDS AND DRIVERS

4. GLOBAL MARKET OUTLOOK

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/7gj0cz

Previous Coinbase appeases investors worried about credit risk and FTX token exposure
Next Thallo Lands $2.5M for Blockchain-Powered Next-Gen Carbon Credit Exchange