Loan Servicing Software Market by Deployment and Geography - Global Forecast and Analysis 2019-2023

Loan Servicing Software Market by Deployment and Geography - Global Forecast and Analysis 2019-2023

Global Loan Servicing Software Market: About this market

Technavio’s loan servicing software market analysis considers sales from both cloud-based and on-premise deployment. Our analysis also considers the sales of loan servicing software in APAC, Europe, North America, South America, and MEA. In 2018, the cloud-based segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing digitization of businesses and the advent of cloud-based offerings will play a significant role in the cloud-based segment to maintain its market position. Also, our global loan servicing software market report looks at factors such as demand for efficiency in lending operations, rise in adoption of cloud-based loan servicing software offering and rising cost of loan servicing. However, threat from open-source loan servicing software, data privacy and security issues associated with cloud-based products and services, and compliance and regulatory challenges may hamper the growth of the loan servicing software industry over the forecast period.

Global Loan Servicing Software Market: Overview

Demand for efficiency in lending operations

Among many core banking processes, the loan lending process involves many stages that gets complex and time-consuming. Financial organizations are adopting modern technology solutions to improve their operational efficiency and reduce costs. The need to drive efficiency in the process has led banking and other financial institutions to adopt digital technology solutions, such as loan origination software, loan management software, loan analytics software, and loan servicing software solutions. Such solutions which help to streamline their processes and save time will lead the expansion of the global loan servicing software market at a CAGR of almost 12% during the forecast period.

Use of analytics in the lending industry

The banking and financial industry uses analytic tools to obtain data-driven insights that help them make near-accurate predictions to improve business decision-making. These tools help lenders to check credit scores when combined with income and existing debts. The use of analytics in lending industry helps organization to speed up their lending process and serve multiple clients in a short period of time. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global loan servicing software market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global loan servicing software market is moderately fragmented. 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 loan servicing software manufacturers, that include Applied Business Software Inc., AutoPal Software LLC, Fidelity National Information Services Inc., Financial Industry Computer Systems Inc., Finastra, Fiserv Inc., Mortgage Builder, Nortridge Software LLC, Q2 Software Inc., Shaw Systems Associates LLC.

Also, the loan servicing software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Solutions offerings from vendors
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global information technology (IT) software market
      • Table Segments of global information technology (IT) software market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by deployment
    • Table Deployment - Market share 2018-2023 (%)
    • Comparison by deployment
      • Table Comparison by deployment
    • Cloud-based - Market size and forecast 2018-2023
      • Table Cloud-based - Market size and forecast 2018-2023 ($ millions)
      • Table Cloud-based - Year-over-year growth 2019-2023 (%)
    • On-premise - Market size and forecast 2018-2023
      • Table On-premise - Market size and forecast 2018-2023 ($ millions)
      • Table On-premise - Year-over-year growth 2019-2023 (%)
    • Market opportunity by deployment
      • Table Market opportunity by deployment
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Strategic partnerships and acquisitions between market participants
    • Use of advanced technologies
    • Use of analytics in lending industry
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Applied Business Software Inc.
      • Table Applied Business Software Inc. - Vendor overview
      • Table Applied Business Software Inc. - Key offerings
    • AutoPal Software LLC
      • Table AutoPal Software LLC - Vendor overview
      • Table AutoPal Software LLC - Key offerings
    • Fidelity National Information Services Inc.
      • Table Fidelity National Information Services Inc. - Vendor overview
      • Table Fidelity National Information Services Inc. - Business segments
      • Table Fidelity National Information Services Inc. - Organizational developments
      • Table Fidelity National Information Services Inc. - Geographic focus
      • Table Fidelity National Information Services Inc. - Segment focus
      • Table Fidelity National Information Services Inc. - Key offerings
    • Financial Industry Computer Systems Inc.
      • Table Financial Industry Computer Systems Inc. - Vendor overview
      • Table Financial Industry Computer Systems Inc. - Organizational developments
      • Table Financial Industry Computer Systems Inc. - Key offerings
    • Finastra
      • Table Finastra - Vendor overview
      • Table Finastra - Organizational developments
      • Table Finastra - Key offerings
    • Fiserv Inc.
      • Table Fiserv Inc. - Vendor overview
      • Table Fiserv Inc. - Business segments
      • Table Fiserv Inc. - Organizational developments
      • Table Fiserv Inc. - Segment focus
      • Table Fiserv Inc. - Key offerings
    • Mortgage Builder
      • Table Mortgage Builder - Vendor overview
      • Table Mortgage Builder - Organizational developments
      • Table Mortgage Builder - Key offerings
    • Nortridge Software LLC
      • Table Nortridge Software LLC - Vendor overview
      • Table Nortridge Software LLC - Key offerings
    • Q2 Software Inc.
      • Table Q2 Software Inc. - Vendor overview
      • Table Q2 Software Inc. - Organizational developments
      • Table Q2 Software Inc. - Key offerings
    • Shaw Systems Associates LLC
      • Table Shaw Systems Associates LLC - Vendor overview
      • Table Shaw Systems Associates LLC - Organizational developments
      • Table Shaw Systems Associates LLC - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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