Global Market for Debt Collection Software

Dublin, Feb. 03, 2023 (GLOBE NEWSWIRE) -- The "Debt Collection Software - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Debt Collection Software estimated at US$3.4 Billion in the year 2022, is projected to reach a revised size of US$6.5 Billion by 2030, growing at a CAGR of 8.3% over the analysis period 2022-2030.

Software, one of the segments analyzed in the report, is projected to record 7.8% CAGR and reach US$4.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 9.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1 Billion, While China is Forecast to Grow at 7.8% CAGR

The Debt Collection Software market in the U.S. is estimated at US$1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 7.8% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.4% and 7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR.

Select Competitors (Total 62 Featured) -

• Adtec Software Ltd.

• Advantage Software Factory (Romania)

• Agreeya Solutions, Inc.

• Ameyo (Drishti-Soft)

• Arvato

• Chetu Inc.

• Coface

• CSS Impact

• Debtrak Pty. Ltd.

• Experian PLC

• EXUS

• FICO (Fair Isaac Corporation)

• FIS

• Intellect Design Arena Ltd.

• Katabat

• Kuhlekt Pty Ltd

• Nucleus Software Exports Ltd.

• Pamar Systems Inc.

• Pegasystems, Inc.

• Quantrax Corporation, Inc.

• SeikoSoft LLC.

• Sopra Banking Software SA

• Temenos Headquarters SA

• Totality Software, Inc.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

• Global competitiveness and key competitor percentage market shares

• Market presence across multiple geographies - Strong/Active/Niche/Trivial

• Online interactive peer-to-peer collaborative bespoke updates

• Access to digital archives and Research Platform

• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights

• Debt Collection Software: A Prelude

• Steady Growth Projected for Debt Collection Software Market

• Debt Collection Software - Global Key Competitors Percentage Market Share in 2022 (E)

• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Rising Emphasis on Process Automation in Modern Enterprise Creates Fertile Environment for Debt Collection Software Market

• Cloud Delivery Model Steps In to Accelerate Market Expansion

• Banking and Finance Firms Emerge as Core Consumers of Debt Collection Software

• Telecommunication Enterprises Rely on Debt Collection Software to Automate Debt Management Process

• Utilities Bank on Debt Collection Software to Augment Collections Operations

• Collection & Recovery Agencies Leverage Debt Collection Software to Stay Competitive

• Law Firms Reinforce Collection Procedure with Debt Collection Software

• Roll Out of New Improved Tools Widens Prospects for Debt Collection Software Market: A Review of Select Recently Launched Debt Collection Software Tools

• Katabat Unveils Katabat Engage Debt Collections Software with Integrated ML Capabilities

• Apollo Enterprise Solutions Rolls Out TrueCollect Debt Collection Tool

• Pacific Collection Group Unleashes New Debt Collection Software

• Experian Rolls Out PowerCurve Collections with Analytics Capabilities

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/6cpnkp-collection?w=12

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• Global Market for Debt Collection Software

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