DUBLIN–(BUSINESS WIRE)–The “Global Factoring Market 2023-2027” report has been added to ResearchAndMarkets.com’s offering.
The factoring market is poised to grow by $1720.41 bn from 2023-2027, accelerating at a CAGR of 7.54% during the forecast period. The 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, the latest trends and drivers, and the overall market environment. The market is driven by the growing need for alternative sources of financing for MSMEs, improved inventory management, and enhanced liquidity for efficient working capital management.
The factoring market is segmented as below:
By Type
By Application
By Geographical Landscape
- Europe
- APAC
- South America
- North America
- Middle East and Africa
This study identifies the advent of blockchain in factoring services as one of the prime reasons driving the factoring market growth during the next few years. Also, growing awareness about supply chain financing, including factoring and the growing adoption of digital platforms for factoring will lead to sizable demand in the market.
The report on the factoring market covers the following areas:
- Factoring market sizing
- Factoring market forecast
- Factoring market industry analysis
Key Topics Covered:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Companies Mentioned
- ABS Global Factoring AG
- American Receivable
- Bluevine Inc.
- CapitalPlus Construction Services
- CG24 Group AG
- Charter Capital Holdings LP
- Deutsche Leasing AG
- eCapital Corp.
- Eurobank Ergasias SA
- Factor Funding Co.
- FirstRand Ltd
- HSBC Holdings Plc
- Mizuho Financial Group Inc.
- New Century Financial Inc.
- PMFBancorp
- Riviera Finance of Texas Inc.
- Societe Generale SA
- The Southern Banc Co. Inc.
- Triumph Business Capital
- Universal Funding Corp.
For more information about this report visit https://www.researchandmarkets.com/r/31mr7f
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Source: https://thenewscrypto.com/global-factoring-market-to-grow-by-1-7-trillion-during-2023-2027-researchandmarkets-com/