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Market Research Report

Credit Management Software Market by Deployment Type, by Service Type, by Organization Size Global Industry Analysis, Size, Share, Growth, Trends, and forecast 2016 - 2025

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Credit Management Software Market by Deployment Type, by Service Type, by Organization Size Global Industry Analysis, Size, Share, Growth, Trends, and forecast 2016 - 2025
Published: April 10, 2018 Content info:
Description

Report Brief

  • The report covers forecast and analysis for the credit management software market on a global and regional level.
  • The report includes the positive and the negative factors that are influencing the growth of the market.
  • Market opportunities are discussed in detail in the report.
  • The revenue generated by the prominent industry players has been analyzed in the report.
  • The market numbers have been calculated using top-down and the bottom-up approaches.
  • The credit management software market has been analyzed using Porter’s Five Forces Analysis.
  • The market is segmented on the basis of deployment type, service type, and organization size which in turn are bifurcated on a regional level as well.
  • All the segments have been evaluated based on the present and the future trends.
  • The report deals with the in-depth quantitative and qualitative analyses of the credit management software market.
  • The report includes the detailed company profiles of the prominent market players.

Market Summary

Credit management software is used to streamline and prioritize the workflow associated with credit management. At the same time, it also helps in accomplishing several types of day-to-day tasks performed by team members of credit management department and store key information. It also helps in managing the cash flow within organizations along with maintaining appropriate records of the invoices. Credit management software can be incorporated into the entire organization or can also function as a part of some other software. Credit management software is currently being used by companies from diverse domains.

Value

The global credit management software market was valued at around USD 1,620.00 million in the year 2016 and is expected to reach over USD 2,550.00 million by the end of 2025 growing at a CAGR of more than 5.50% between 2017 and 2025.

Drivers and Restraints

Increasing awareness about the benefits of using automation and dedicated software has triggered the growth of the credit management software market. Credit management software provides advantages such efficiency, better cash flow management, maximum insights pertaining to customer behavior, and much more. The end-user industries such as telecom, healthcare, manufacturing, information technology and electronics are implementing the credit management software owing to the benefits offered by credit management software. Moreover, credit management software also provides key insights into the movement of the company invoices for several transactions taking place within or outside the company. Such benefits offered by credit management software are boosting the market over the forecast period. In addition, credit management software can also be used with other widely used software in industries such as Enterprise Resource Management (ERP). In combination with ERP, credit management software helps in better managing the resources as well as transactions in the company.

The major factor that will limit the growth of the credit management software market is a high capital investment.

Segmentation

Cloud segment registered the highest market share of 58.10% in 2016 and it is also expected to grow at a higher CAGR of around 5.5% over the forecast period. The cloud segment primarily offers online credit application, collaborative workflow, data aggregation, and easy retrieval and storage of data that can be accessed from any remote location. Such benefits overcome the shortfalls associated with the on-premise segment. Hence cloud-based credit management software is being widely used.

By service type, the consulting segment held the largest market share of more than 50% in the global credit management software market. There is an increased demand for the consulting services of the credit management software owing to the growing adoption of the software among the small and medium enterprises. However, it is anticipated that the operation and the maintenance services segment will register the highest CAGR growth in the coming years. 

Large enterprises segment dominated the credit management software market in 2016 by contributing a market share of 66.38%. Being expensive, credit management software is more affordable for the large enterprises. In addition, some of the giant consulting firms rely on the credit management software and cater the smaller enterprises in managing the credit accounts. The growing popularity and increasing adoption rate of credit management software are positively influencing the medium enterprises. Owing to which the segment small and medium enterprises is estimated to grow at a CAGR of 6.19% over the forecast period. Moreover, the benefits offered by credit management software such as efficiency in credit management, better cash flow management, maximum insights pertaining to customer behavior, and much more is driving the demand for credit management software over the forecast period.

Asia Pacific is expected to grow at the highest CAGR of 6.50% over the forecast period. Heavy investment by international companies in the Asia Pacific region owing to cheap labor has to lead to rapid industrialization over the last decade which, in turn, has increased the adoption of the credit management software in various organizations. This is estimated to continue in the near future. Europe held the highest market share of 32.16% in 2016 and is growing with a steady CAGR over the forecast period. 

Industry Players

The report includes detailed profiles of the prominent market players that are trending in the market. The lists of the players that are compiled in the report are High Radius, Rimilia, Solutions for Financials B.V., SOPLEX Consult GmbH, Equiniti, Esker, HanseOrga Group, Innovation Software Limited, Misys, Onguard, and Prof. Schumann GmbH., among others.

The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions and by increasing their product portfolio. In October 2017, OnGuard and Credit Tools, two leading credit management software suppliers merged and formed OnGuard. The new Onguard is a modern FinTech company which acts as a strategic pioneer for clients throughout the entire order to cash process.

Table of Contents

Table Of Contents

Chapter 1. Introduction

  • 1.1. Report description and scope
  • 1.2. Research scope
  • 1.3. Research methodology
    • 1.3.1. Market research process
    • 1.3.2. Market research methodology

Chapter 2. Executive Summary

  • 2.1. Global Credit management software market, 2016-2025 (USD Million)
  • 2.2. Global Credit management software market : Snapshot

Chapter 3. Credit Management Software - Market Dynamics

  • 3.1. Introduction
  • 3.2. Market drivers
  • 3.3. Restraints
  • 3.4. Opportunities
  • 3.5. Porter’s five forces analysis
    • 3.5.1. Bargaining power of suppliers
    • 3.5.2. Bargaining power of buyers
    • 3.5.3. Threat from new entrants
    • 3.5.4. Threat from new substitutes
    • 3.5.5. Degree of competition
  • 3.6. Market attractiveness analysis
    • 3.6.1. Market attractiveness analysis, by Deployment Type segment
    • 3.6.2. Market attractiveness analysis, by Service Type segment
    • 3.6.3. Market attractiveness analysis, by Organization Type segment
    • 3.6.4. Market attractiveness analysis, by Regional segment

Chapter 4. Global Credit management software market- Competitive Landscape

  • 4.1. Company market share, 2016 (Subject To Data Availability)
  • 4.2. Strategic Development
    • 4.2.1. Acquisitions & Mergers
    • 4.2.2. New Product Launch
    • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
    • 4.2.4. Research and Development, Product and Regional Expansion

Chapter 5. Global Credit management software market - Deployment Type Segment Analysis

  • 5.1. Global Credit management software market: Deployment Type overview
    • 5.1.1. Global Credit management software market revenue share, by Deployment Type, 2016 and 2025
  • 5.2. On-Premises
    • 5.2.1. On-PremisesCredit management software market, 2016-2025 (USD Million)
  • 5.3. Cloud
    • 5.3.1. CloudCredit management software market, 2016-2025 (USD Million)

Chapter 6. Global Credit management software market-Service Type Segment Analysis

  • 6.1. Global Credit management software market: Service Type overview
    • 6.1.1. Global Credit management software market revenue share, by Service Type, 2016 and 2025
  • 6.2. Consulting
    • 6.2.1. Global Credit management software market by Consulting 2016-2025 (USD Million)
  • 6.3. Operation & Maintenance
    • 6.3.1. Global Credit management software market by Operation & Maintenance2016-2025 (USD Million)
  • 6.4. System Integration
    • 6.4.1. Global Credit management software market by System Integration2016-2025 (USD Million)

Chapter 7. Global Credit management software market-Organization Type Segment Analysis

  • 7.1. Global Credit management software market: Organization Type overview
    • 7.1.1. Global Credit management software market revenue share for Organization Type, 2016 and 2025.
  • 7.2. Small & Medium Enterprises
    • 7.2.1. Global Credit management software market revenue share, for Small & Medium Enterprises, 2016 and 2025(USD Million)
  • 7.3. Large Enterprises
    • 7.3.1. Global Credit management software market revenue share, for Large Enterprises, 2016 and 2025 (USD Million)

Chapter 8. Global Credit management software market - Regional Segment Analysis

  • 8.1. Global Credit management software market: Regional overview
    • 8.1.1. Global Credit management software market revenue share, by region, 2016 and 2025
  • 8.2. North America
    • 8.2.1. North America Credit management software market revenue, by Deployment Type, 2016-2025 (USD Million)
    • 8.2.2. North America Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
    • 8.2.3. North America Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.2.4. The U.S.
      • 8.2.4.1. The U.S. Credit management software market revenue, by Deployment Type, 2016-2025 (USD Million)
      • 8.2.4.2. The U.S. Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.2.4.3. The U.S. Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.2.5. Canada
      • 8.2.5.1. Canada Credit management software market revenue, by Deployment Type, 2016-2025 (USD Million)
      • 8.2.5.2. Canada Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.2.5.3. Canada Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.2.6. Rest of North America
      • 8.2.6.1. Rest of North America Credit management software market revenue, by Deployment Type, 2016-2025 (USD Million)
      • 8.2.6.2. Rest of North America Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.2.6.3. Rest of North America Credit management software market revenue, by Application, 2016-2025 (USD Million)
      • 8.2.6.4. Rest of North America Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)
  • 8.3. Europe
    • 8.3.1. Europe Credit management software market revenue, by Deployment Type, 2016-2025 (USD Million)
    • 8.3.2. Europe Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.3.2.1. Europe Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.3.3. The U.K.
      • 8.3.3.1. The U.K. Credit management software market revenue, by Deployment Type , 2016-2025 (USD Million)
      • 8.3.3.2. The U.K. Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.3.3.3. The U.K. Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.3.4. Germany
      • 8.3.4.1. Germany Credit management software market revenue, by Deployment Type , 2016-2025 (USD Million)
      • 8.3.4.2. Germany Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.3.4.3. Germany Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.3.5. France
      • 8.3.5.1. France Credit management software market revenue, by Deployment Type, 2016-2025 (USD Million)
      • 8.3.5.2. France Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.3.5.3. France Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.3.6. Italy
      • 8.3.6.1. Italy Credit management software market revenue, by Deployment Type , 2016-2025 (USD Million)
      • 8.3.6.2. Italy Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.3.6.3. Italy Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.3.7. Spain
      • 8.3.7.1. Spain Credit management software market revenue, by Deployment Type , 2016-2025 (USD Million)
      • 8.3.7.2. Spain Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.3.7.3. Spain Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.3.8. Russia
      • 8.3.8.1. Russia Credit management software market revenue, by Deployment Type , 2016-2025 (USD Million)
      • 8.3.8.2. Russia Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.3.8.3. Russia Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.3.9. Rest of Europe
      • 8.3.9.1. Rest of Europe Credit management software market revenue, by Deployment Type , 2016-2025 (USD Million)
      • 8.3.9.2. Rest of Europe Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.3.9.3. Rest of Europe Credit Management Softwaremarket revenue, by Organization Type, 2016-2025 (USD Million)
  • 8.4. Asia Pacific
    • 8.4.1. Asia Pacific Credit management software market revenue, by Deployment Type, 2016-2025 (USD Million)
    • 8.4.2. Asia Pacific Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
    • 8.4.3. Asia Pacific Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.4.4. China
      • 8.4.4.1. China Credit management software market revenue, by Deployment Type , 2016-2025 (USD Million)
      • 8.4.4.2. China Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.4.4.3. China Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.4.5. Japan
      • 8.4.5.1. Japan Credit management software market revenue, by Deployment Type , 2016-2025 (USD Million)
      • 8.4.5.2. Japan Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.4.5.3. Japan Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.4.6. India
      • 8.4.6.1. India Credit management software market revenue, by Deployment Type , 2016-2025 (USD Million)
      • 8.4.6.2. India Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.4.6.3. India Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.4.7. Indonesia
      • 8.4.7.1. Indonesia Credit management software market revenue, by Deployment Type , 2016-2025 (USD Million)
      • 8.4.7.2. Indonesia Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.4.7.3. Indonesia Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.4.8. South East Asia
      • 8.4.8.1. South East AsiaCredit management software market revenue, by Deployment Type , 2016-2025 (USD Million)
      • 8.4.8.2. South East AsiaCredit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.4.8.3. South East AsiaCredit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.4.9. Rest of Asia Pacific
      • 8.4.9.1. Rest of Asia Pacific Credit management software market revenue, by Deployment Type , 2016-2025 (USD Million)
      • 8.4.9.2. Rest of Asia Pacific Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.4.9.3. Rest of Asia Pacific Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)
  • 8.5. Latin America
    • 8.5.1. Latin AmericaCredit management software market revenue, by Deployment Type, 2016-2025 (USD Million)
    • 8.5.2. Latin AmericaCredit management software market revenue, by Service Type, 2016-2025 (USD Million)
    • 8.5.3. Latin AmericaCredit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.5.4. Brazil
      • 8.5.4.1. Brazil Credit management software market revenue, by Deployment Type , 2016-2025 (USD Million)
      • 8.5.4.2. Brazil Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.5.4.3. Brazil Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.5.5. Rest of Latin America
      • 8.5.5.1. Rest of Latin AmericaCredit management software market revenue, by Deployment Type , 2016-2025 (USD Million)
      • 8.5.5.2. Rest of Latin AmericaCredit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.5.5.3. Rest of Latin AmericaCredit management software market revenue, by Organization Type, 2016-2025 (USD Million)
  • 8.6. Middle East and Africa
    • 8.6.1. Middle East and Africa Credit management software market revenue, by Deployment Type, 2016-2025 (USD Million)
    • 8.6.2. Middle East and Africa Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
    • 8.6.3. North America Credit management software market revenue, by Application, 2016-2025 (USD Million)
    • 8.6.4. Middle East and Africa Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.6.5. GCC Countries
      • 8.6.5.1. GCC CountriesCredit management software market revenue, by Deployment Type, 2016-2025 (USD Million)
      • 8.6.5.2. GCC CountriesCredit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.6.5.3. GCC CountriesCredit management software market revenue, by Application, 2016-2025 (USD Million)
      • 8.6.5.4. GCC CountriesCredit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.6.6. South Africa
      • 8.6.6.1. South Africa Credit management software market revenue, by Deployment Type , 2016-2025 (USD Million)
      • 8.6.6.2. South AfricaCredit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.6.6.3. South AfricaCredit management software market revenue, by Organization Type, 2016-2025 (USD Million)
    • 8.6.7. Rest of MEA
      • 8.6.7.1. Rest of MEACredit management software market revenue, by Deployment Type , 2016-2025 (USD Million)
      • 8.6.7.2. Rest of MEA Credit management software market revenue, by Service Type, 2016-2025 (USD Million)
      • 8.6.7.3. Rest of MEA Credit management software market revenue, by Organization Type, 2016-2025 (USD Million)

Chapter 9. Company Profile

  • 9.1. High Radius.
    • 9.1.1. Overview
    • 9.1.2. Financials
    • 9.1.3. Product portfolio
    • 9.1.4. Business strategy
    • 9.1.5. Recent developments
  • 9.2. Rimilia.
    • 9.2.1. Overview
    • 9.2.2. Financials
    • 9.2.3. Product portfolio
    • 9.2.4. Business strategy
    • 9.2.5. Recent developments
  • 9.3. SOLUTIONS FOR FINANCIALS B.V.
    • 9.3.1. Overview
    • 9.3.2. Financials
    • 9.3.3. Product portfolio
    • 9.3.4. Business strategy
    • 9.3.5. Recent developments
  • 9.4. SOPLEX Consult GmbH
    • 9.4.1. Overview
    • 9.4.2. Financials
    • 9.4.3. Product portfolio
    • 9.4.4. Business strategy
    • 9.4.5. Recent developments
  • 9.5. Equiniti
    • 9.5.1. Overview
    • 9.5.2. Financials
    • 9.5.3. Product portfolio
    • 9.5.4. Business strategy
    • 9.5.5. Recent developments
  • 9.6. Esker
    • 9.6.1. Overview
    • 9.6.2. Financials
    • 9.6.3. Product portfolio
    • 9.6.4. Business strategy
    • 9.6.5. Recent developments
  • 9.7. HanseOrga Group
    • 9.7.1. Overview
    • 9.7.2. Financials
    • 9.7.3. Product portfolio
    • 9.7.4. Business strategy
    • 9.7.5. Recent developments
  • 9.8. Innovation Software Limited
    • 9.8.1. Overview
    • 9.8.2. Financials
    • 9.8.3. Product portfolio
    • 9.8.4. Business strategy
    • 9.8.5. Recent developments
  • 9.9. Misys
    • 9.9.1. Overview
    • 9.9.2. Financials
    • 9.9.3. Product portfolio
    • 9.9.4. Business strategy
    • 9.9.5. Recent developments
  • 9.10. Onguard
    • 9.10.1. Overview
    • 9.10.2. Financials
    • 9.10.3. Product portfolio
    • 9.10.4. Business strategy
    • 9.10.5. Recent developments
  • 9.11. Prof. Schumann GmbH
    • 9.11.1. Overview
    • 9.11.2. Financials
    • 9.11.3. Product portfolio
    • 9.11.4. Business strategy
    • 9.11.5. Recent developments
  • 9.12. Cforia Software Inc.
    • 9.12.1. Overview
    • 9.12.2. Financials
    • 9.12.3. Product portfolio
    • 9.12.4. Business strategy
    • 9.12.5. Recent developments
  • 9.13. Credica Limited
    • 9.13.1. Overview
    • 9.13.2. Financials
    • 9.13.3. Product portfolio
    • 9.13.4. Business strategy
    • 9.13.5. Recent developments
  • 9.14. Credit & Management Systems, Inc.
    • 9.14.1. Overview
    • 9.14.2. Financials
    • 9.14.3. Product portfolio
    • 9.14.4. Business strategy
    • 9.14.5. Recent developments
  • 9.15. Care & Collect
    • 9.15.1. Overview
    • 9.15.2. Financials
    • 9.15.3. Product portfolio
    • 9.15.4. Business strategy
    • 9.15.5. Recent developments
  • 9.16. CREMAN DEBASSO
    • 9.16.1. Overview
    • 9.16.2. Financials
    • 9.16.3. Product portfolio
    • 9.16.4. Business strategy
    • 9.16.5. Recent developments
  • 9.17. Debtpack
    • 9.17.1. Overview
    • 9.17.2. Financials
    • 9.17.3. Product portfolio
    • 9.17.4. Business strategy
    • 9.17.5. Recent developments
  • 9.18. Emagia Corporation
    • 9.18.1. Overview
    • 9.18.2. Financials
    • 9.18.3. Product portfolio
    • 9.18.4. Business strategy
    • 9.18.5. Recent developments
  • 9.19. Credit Management tools.com
    • 9.19.1. Overview
    • 9.19.2. Financials
    • 9.19.3. Product portfolio
    • 9.19.4. Business strategy
    • 9.19.5. Recent developments
  • 9.20. Triple A Solutions Pvt.
    • 9.20.1. Overview
    • 9.20.2. Financials
    • 9.20.3. Product portfolio
    • 9.20.4. Business strategy
    • 9.20.5. Recent developments
  • 9.21. System Partner Norge AS
    • 9.21.1. Overview
    • 9.21.2. Financials
    • 9.21.3. Product portfolio
    • 9.21.4. Business strategy
    • 9.21.5. Recent developments
  • 9.22. Viatec Business Solutions Ltd.
    • 9.22.1. Overview
    • 9.22.2. Financials
    • 9.22.3. Product portfolio
    • 9.22.4. Business strategy
    • 9.22.5. Recent developments
  • 9.23. Xolv BV
    • 9.23.1. Overview
    • 9.23.2. Financials
    • 9.23.3. Product portfolio
    • 9.23.4. Business strategy
    • 9.23.5. Recent developments
  • 9.24. Apruve, Inc
    • 9.24.1. Overview
    • 9.24.2. Financials
    • 9.24.3. Product portfolio
    • 9.24.4. Business strategy
    • 9.24.5. Recent developments
  • 9.25. BVCM Collections
    • 9.25.1. Overview
    • 9.25.2. Financials
    • 9.25.3. Product portfolio
    • 9.25.4. Business strategy
    • 9.25.5. Recent developments
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