Lucintel Forecasts The Global Invoice Factoring Market To Reach $3,367 Billion By 2030

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global invoice factoring market looks promising with opportunities in the construction, manufacturing, healthcare, transportation and logistics, energy and utilities, IT and telecom, and staffing markets. The global invoice factoring market is expected to reach an estimated $3,367 billion by 2030 from $2,170 billion in 2024 at a CAGR of 7.6% from 2024 to 2030. The major drivers for this market are growing company revenue by notifying loan servicers about outstanding payments, increasing awareness towards financial technological advancements, and rising adoption of artificial intelligence and machine learning in the lending industry.
A more than 150-page report to understand trends, opportunity and forecast in global invoice factoring market to 2030 by type (recourse factoring and non-recourse factoring), application (domestic and international), enterprise size (large enterprises and small and medium-sized enterprises), end use (construction, manufacturing, healthcare, transportation and logistics, energy and utilities, IT and telecom, staffing, and others), and ...
... region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that recourse factoring segment will remain the largest segment over the forecast period.
Within this market, transportation and logistics will remain the largest segment.
Download sample by clicking on invoice factoring market.
Europe is expected to witness the highest growth over the forecast period.
Intuit, Sonovate, Porter Capital, Barclays Bank, Icbc, Adobe, Waddle, Velotrade, American Express Company, Lloyds Bank are the major suppliers in the invoice factoring market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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