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Global Micro, Small, and Medium Enterprise Financing Market 2015-2019

Global Micro, Small, and Medium Enterprise Financing Market 2015-2019

Market outlook of MSME financing market

Micro, small and medium enterprises (MSME) are one of the key economic segments that drives the growth of the GDP by boosting the manufacturing and exports of the economy. The adoption of improved risk management practices by the financial institutions is one of the key drivers for the growth of this market. Technavio’s research analyst predicts the MSME financing market to grow at a rate of 19% during the forecast period.

The increasing focus of MSME banks toward emerging markets is also expected to drive the growth of the global MSME financing market during the forecast period. Countries in the East and South Asian region, such as Bangladesh, Indonesia, and the Philippines have huge MSME segments which remain untapped and can result in a boost in the revenue for the banking and financial sector.

Segmentation by end user and analysis of the MSME financing market

Retail

Heavy manufacturing

General manufacturing

Hospitality

Service

The retail segment within the MSME financing market is expected to reach USD 180 billion by the end of 2019. The changing government policies is predicted to help retailers focus more on the development of e-commerce platforms and to develop an efficient online service for consumers. Added to that, the growing interest of stakeholders such as governments, regulators and the banking community will lead the growth of the market. For instance, many developing nations, including India, have opened 100% FDI towards the retail industry to boost employment and the GDP of the country.

Geographical segmentation and analysis of the global MSME financing market

East Asia

South Asia

Latin America

Central and Eastern Europe

MENA

Sub-Saharan Africa

The report predicts the East Asian region to reach USD 302 billion by the end of 2019. Rapid technological progress and the adoption of credit bureaus compliant with the principles of regulatory authorities are the key growth drivers in this region. Governments in this region are increasingly recognizing the importance and significant contribution made by the MSME sector toward the GDP of their countries, and are, hence, encouraging the growth of the MSME financial market.

Competitive landscape and key vendors

The global MSME financing market is highly competitive with an established presence by banks in advanced markets such as the US and Europe. However, emerging markets such as China, India, Bangladesh, Thailand, and Nigeria provide ample opportunities for vendors to capture the market shares.

The top three vendors in the market are -

ICICI

Wells Fargo

Standard CharteredOther prominent vendors in the market include Access Bank, Eastern Bank, IFIC Bank, Bank Muscat, and Emirates NBD Bank.

    Key questions answered in the report include

    What will the market size and the growth rate be in 2019?

    What are the key factors driving the MSME financing market?

    What are the key market trends impacting the growth of the global MSME financing market?

    What are the challenges to market growth?

    Who are the key vendors in this market space?

    What are the market opportunities and threats faced by the vendors in the global MSME financing market?

    Trending factors influencing the market shares of the East and South Asia, MENA, Central and Eastern Europe, Latin America, and sub-Saharan Africa?

    What are the key outcomes of the five forces analysis of the big data spending in the MSME financing market?

    Technavio also offers customization on reports based on specific client requirement.

    Related reports:

    Microfinance Market in India 2012-2016

    Global Microfinance Market 2012-2016

    Global Security Software Market for Small and Medium Business 2010-2014


    Press Release

    Technavio Announces the Publication of its Research Report – Global Micro, Small and Medium Enterprise Financing Market 2015-2019

    Technavio recognizes the following companies as the key players in the Global Micro, Small and Medium Enterprise Financing Market: ICICI, Wells Fargo and Standard Chartered

    Other Prominent Vendors in the market are: Access Bank, Eastern Bank, IFIC Bank, Bank Muscat, and Emirates NBD Bank.

    Commenting on the report, an analyst from Technavio’s team said: “Many private banks have greater incentives to incur the switching costs needed to pursue a new business in the SME market. Large private firms have been one of the key driving trends for innovation, which has increased the global growth for the MSME segment in emerging countries that are either unserved or underserved.”

    According to the report, the proliferation of the private sector banking industry across emerging markets may emerge as a potential driver in the market. Private sector banks are equipped with better infrastructure and are driven by the profit motive to disburse loans, which give them a distinct advantage over public sector banks. MSMEs are offering their financial products more internationally, managing more sophisticated supply chains, and sales channels, thereby increasing the complexity of their value chains.

    Further, the report states that MSMEs are unable to display good business practices stemming from knowledge constraints on marketing, pricing, distribution networks, and procurement. In addition, financial constraints and business illiteracy hampers the growth of the market.

    Companies Mentioned

    ICICI, Wells Fargo, Standard Chartered, Access Bank, Eastern Bank, IFIC Bank, Bank Muscat, Emirates NBD Bank.

    • Executive summary
      • Highlights
    • Scope of the report
      • Market overview
      • Top-vendor offerings
        • Table Product offerings
    • Market research methodology
      • Research methodology
      • Economic indicators
    • Introduction
      • Key market highlights
    • Market landscape
      • Market overview
        • Table Global MSME financing market segmentation by end-user industry
      • Market size and forecast
        • Table Global MSME financing market 2014-2019 ($ billions)
      • Five forces analysis
        • Table Five forces analysis
    • Market segmentation by end-user
      • Global MSME financing market segmentation by end-user
        • Table Global MSME financing market segmentation by end-user
      • Global MSME financing market in retail industry
        • Table Global MSME financing market in the retail industry 2014-2019 ($ billions)
      • Global MSME financing market in heavy manufacturing industry
        • Table Global MSME financing market in the heavy manufacturing industry 2014-2019 ($ billions)
      • Global MSME financing in general manufacturing industry
        • Table Global MSME financing market in the general manufacturing industry 2014-2019 ($ billions)
      • Global MSME financing in hospitality industry
        • Table Global MSME financing market in the hospitality industry 2014-2019 ($ billions)
      • Global MSME financing in service industry
        • Table Global MSME Financing market in the service industry 2014-2019 ($ billions)
      • Global MSME financing in other industry
        • Table Global MSME financing market in the other industry 2014-2019 ($ billions)
    • Geographical Segmentation
      • Global MSME financing market by geographical segmentation
        • Table Global MSME financing market 2014
      • MSME financing market in East Asia
        • Table MSME financing market in East Asia 2014-2019 ($ billions)
      • MSME financing market in South Asia
        • Table MSME financing market in South Asia 2014-2019 ($ billions)
      • MSME financing market in Latin America
        • Table MSME financing market in Latin America 2014-2019 ($ billions)
      • MSME financing market in Central and Eastern Europe
        • Table MSME financing market in Central and Eastern Europe 2014-2019 ($ billions)
      • MSME financing market in MENA
        • Table MSME financing market in MENA 2014-2015 ($ billions)
      • MSME financing market in Sub-Saharan Africa
        • Table MSME financing market in Sub-Saharan Africa 2014-2019 ($ billions)
    • Market drivers
    • Impact of drivers
      • Table Impact of drivers
    • Market challenges
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges
    • Market trends
    • Vendor landscape
      • Competitive scenario
      • Market share analysis
      • Other prominent vendors
    • Key vendor analysis
      • Access Bank
        • Table Access Bank: Business segmentation 2014 by revenue
        • Table Access Bank: Geographical segmentation by revenue 2013
      • ICICI Bank
        • Table ICICI Bank: Business segmentation 2015 by revenue
        • Table ICICI Bank: Geographical segmentation by revenue 2015
      • IFIC Bank
      • Standard Chartered
        • Table Standard Chartered: Business segmentation 2014 by revenue
        • Table Standard Chartered: Geographical segmentation by revenue 2014
      • Wells Fargo
        • Table Wells Fargo: Business segmentation 2014 by revenue
        • Table Wells Fargo: Business segmentation by revenue 2013 and 2014 ($ billions)
    • Appendix
      • List of abbreviations
    • Explore Technavio

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