Global Factoring Market 2021-2025
Technavio has been monitoring the factoring market and it is poised to grow by $ 1457.01 bn during 2021-2025, decelerating at a CAGR of 7.48% during the forecast period. Our report on the factoring market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing need for alternative source of financing for MSMEs and enhanced liquidity for efficient working capital management. In addition, growing need for alternative source of financing for MSMEs is anticipated to boost the growth of the market as well.
The factoring market analysis includes the type segment and geographic landscape.
Technavio's factoring market is segmented as below:
By Geographical Landscape
- South America
- North America
This study identifies improved inventory managementas one of the prime reasons driving the factoring market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on factoring market covers the following areas:
- Factoring market sizing
- Factoring market forecast
- Factoring market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading factoring market vendors that include 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. Also, the factoring market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.