NEW YORK, March 20, 2024 /PRNewswire/ -- The global credit intermediation market size is estimated to grow by USD 649.87 bn from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 2.36% during the forecast period. APAC held the largest share of the global market in 2023, and the market in the region is estimated to witness an incremental growth of 35%.
For more insights on the historic (2018 - 2022) and forecast market size (2024-2028) - Request a sample report
Credit Intermediation Market Scope |
|
Report Coverage |
Details |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 2.36% |
Market growth 2024-2028 |
USD 649.87 billion |
Market structure |
Concentrated |
YoY growth 2022-2023 (%) |
2.22 |
Regional analysis |
North America, APAC, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 35% |
Key countries |
US, China, Japan, India, and Germany |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Geographic Landscape
The credit intermediation market in North America experiences robust growth due to the presence of leading vendors and the increasing popularity of credit lending among small and medium enterprises (SMEs). With over 30 million SMEs in the US alone, there is a significant demand for personalized agreements to support their business expansion. Rapid industrialization in developing countries contributes to this trend. However, the agreement process lacks transparency, posing business challenges and increasing the risk of frauds. Banking institutions play a crucial role in this market, with a rise in investments during the forecast period. Safeguarding investors' financial status is essential, especially given the potential risks associated with fraud enterprises. The end use segment includes various industries, such as manufacturing, healthcare, and technology, each with unique business needs. Maintenance of regulatory compliance and adherence to ethical standards are key to market growth. For further information on region wise segment analysis with historic (2018- 2023) and forecast values (2024- 2028)- Download a sample report
Key Company
Credit Intermediation Market is concentrated; the companies are competing with competitors and are trying to get greater market share. The market is growing, and the chances of new entrants cannot be overlooked. The major companies have well-established economies of scale and market presence and generally rely on positioning technological advances, and the price of the products. Credit Intermediation Market report includes information on the product launches, sustainability, and prospects of leading vendors including Bank of America Corp., Barclays PLC, Citigroup Inc., Credit Suisse Group AG, Deutsche Bank AG, HSBC Holdings Plc, JPMorgan Chase and Co., Morgan Stanley, The Goldman Sachs Group Inc., Wells Fargo and Co.
Key benefits for Companies
- The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
- It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
- The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players.
- Data is qualitatively analyzed to categorize vendors as pure play, category focused, industry focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak. Expand operations in the future.
The report also covers information companies and competitive landscape, details on companies and its offering. Purchasing a report
Market Segmentation
This Credit Intermediation Market report extensively covers market segmentation by Application (Individual, Enterprise) Type (Tied credit intermediation, Ancillary credit intermediation, Non-tied credit intermediation) Geography (North America, APAC, Europe, Middle East and Africa, South America)
Market Segmentation by Application
In the Market Scenario Analysis of the Credit Intermediation Market, the individual segment is projected to lead with significant market share through 2023 and beyond. Trends include the rise in adoption of credit intermediaries for Personalized agreements and a growing focus on becoming Credit Counselors. Drivers include increasing debt management needs amid a challenging economy, leading to a surge in demand for credit counseling. Rapid industrialization and developing countries present an Opportunity for growth. However, Market risk factors such as Lower operating costs and Lack of transparency pose challenges. Additionally, the increasing number of frauds in the sector necessitates Impact Analysis from Governments and Banking Institutions to ensure regulatory compliance and investor protection.
Research Analyst Overview
The Credit Intermediation Market refers to the financial system where banks and other financial institutions act as intermediaries between borrowers and lenders. This market plays a crucial role in the economy by facilitating the flow of funds from surplus units to deficit units. The regulatory environment, including the Reserve Bank of India and the Securities and Exchange Board of India, plays a significant role in the functioning of this market. Markets such as the Money Market and the Capital Market are integral parts of the Credit Intermediation Market. Banks and financial institutions use various instruments like Commercial Papers, Certificates of Deposit, and Securitization to facilitate credit intermediation. Markets like the Interbank Money Market and the Wholesale Money Market are essential components of the Credit Intermediation Market. The efficiency of this market is marked by the availability of funds at reasonable rates to borrowers and the return on investment for lenders. The Credit Intermediation Market is a complex system that requires a well-regulated and efficient financial infrastructure to function effectively. Download a sample report
About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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