The industry will enter into a period of significant growth in the next five years. As the economy improves and unemployment drops, more people will be eligible to borrow money. The resulting rise in credit applications will boost demand for credit bureaus and credit rating agencies. However, the industry will face increasing regulations and scrutiny, and will take steps to improve its credibility and transparency.
This industry comprises firms that provide information, opinions and ratings on the creditworthiness of particular companies, individuals, securities or financial obligations. The Credit Bureaus & Rating Agencies industry can be divided into two primary groups: credit bureaus and credit rating agencies (CRAs). Credit bureaus provide services related to consumer information, while CRAs generally focus on businesses, governments, securities and financial markets.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.