The Global Factoring Market is expected to grow by USD 1308.4 bn during 2020-2024, progressing at a CAGR of 7% during the forecast period
NEW YORK, April 28, 2020 /PRNewswire/ --
Global Factoring Market 2020-2024
The analyst has been monitoring the factoring market, and it is poised to grow by USD 1308.4 bn during 2020-2024, progressing at a CAGR of 7% during the forecast period. Our reports on factoring market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
Read the full report: https://www.reportlinker.com/p03664208/?utm_source=PRN
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 enhanced liquidity for efficient working capital management and improved inventory management. Also, the growing need for an alternative source of financing for MSMEs is anticipated to boost the growth of the market as well.
The factoring market analysis includes segmentation by type and geographic landscape.
The factoring market is segmented as below:
By Type
• Domestic factoring
• International factoring
By Geographic Landscape
• APAC
• Europe
• MEA
• North America
• South America
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.
The analyst presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of critical parameters. Our factoring market covers the following areas:
• Factoring market sizing
• Factoring market forecast
• Factoring market industry analysis
Read the full report: https://www.reportlinker.com/p03664208/?utm_source=PRN
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
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