Invoice Factoring Market Report: Trends, Forecast and Competitive Analysis to 2030

Invoice Factoring Market Trends and Forecast

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 $3,367.1 million by 2030 with a CAGR of 7.6% from 2024 to 2030. The major driver for this market is growing company's 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.

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Invoice Factoring by Segment

The study includes trends and forecast for the global invoice factoring market by type, enterprise size, application, end use, and region. are as follows:

Invoice Factoring Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Recourse Factoring
• Non-Recourse Factoring

Invoice Factoring Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Domestic
• International

Invoice Factoring Market by Enterprise Size [Shipment Analysis by Value from 2018 to 2030]:

• Large Enterprises
• Small and Medium-Sized Enterprises

Invoice Factoring Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Construction
• Manufacturing
• Healthcare
• Transportation and Logistics
• Energy and Utilities
• IT and Telecom
• Staffing
• Others

Invoice Factoring Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Invoice Factoring Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, invoice factoring companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the invoice factoring companies profiled in this report include-

• Intuit
• Sonovate
• Porter Capital
• Barclays Bank
• Icbc
• Adobe
• Waddle
• Velotrade
• American Express Company
• Lloyds Bank

Invoice Factoring Market Insights

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.

Europe is expected to witness the highest growth over the forecast period.

Features of the Global Invoice Factoring Market

Market Size Estimates: Invoice factoring market size estimation in terms of value ($M).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Invoice factoring market size by various segments, such as by type, application, enterprise size, end use, and region. in terms of value ($M).

Regional Analysis: Invoice factoring market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, enterprise size, end uses, and region.s for the invoice factoring market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the invoice factoring market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1. What is the invoice factoring market size?

Answer: The global invoice factoring market is expected to reach an estimated $3,367.1 million by 2030.

Q.2. What is the growth forecast for invoice factoring market?

Answer: The global invoice factoring market is expected to grow with a CAGR of 7.6% from 2024 to 2030.

Q.3. What are the major drivers influencing the growth of the invoice factoring market?

Answer: The major driver for this market is growing company's 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.

Q.4. What are the major segments for invoice factoring market?

Answer: 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.

Q.5. Who are the key invoice factoring companies?

Answer: Some of the key invoice factoring companies are as follows:

• Intuit
• Sonovate
• Porter Capital
• Barclays Bank
• ICBC
• Adobe
• Waddle
• Velotrade
• American Express Company
• Lloyds Bank

Q.6. Which invoice factoring market segment will be the largest in future?

Answer: Lucintel forecasts that recourse factoring segment will remain the largest segment over the forecast period.

Q.7. In invoice factoring market, which region is expected to be the largest in next 5 years?

Answer: Europe is expected to witness the highest growth over the forecast period.

Q.8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the global invoice factoring market 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)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?