Global Consumer Credit Market Share, Growth | Industry Report Analysis, Demand, Trends and Forecast 2020-2025

20/gen/2021 04:20:36 IMARC Group Contatta l'autore

Questo comunicato è stato pubblicato più di 30 giorni fa. Le informazioni su questa pagina potrebbero non essere attendibili.

Consumer credit stands for the personal loan granted to individuals for short- and intermediate-term to finance personal expenses. A finance fee is charged against a credit or an extension of existing credit presented in the form of a cash loan or sales credit. They can be non-revolving loans that are to be repaid in a fixed number of payments or revolving loans that include automobile, consumer goods, home repair, and personal loans.

According to IMARC Group's latest report, titled “Consumer Credit Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global consumer credit market size to register moderate growth during 2020-2025.

Market Trends

Substantial growth in the banking, financial services, and insurance (BFSI) industry, along with the rapid economic development of micro-enterprises, are spurring the demand for consumer credit. Rising investments in micro, small, and medium enterprises (MSMEs) by banks and other financial institutions are further propelling the market growth. Moreover, the widespread adoption of credit data by consumer banking professionals to obtain cash flows and analytics related information at the portfolio level also contributes to the market growth. It helps in managing personal credit cases, real-time pricing, and capital management of multi-asset portfolios. The rising demand for consumer credit to mitigate firm-wide risks through consistency, automation, and transparency is also driving the market growth.

Request for a free sample copy of this report:  https://www.imarcgroup.com/consumer-credit-market/requestsample

Breakup by Credit Type:

  1. Revolving Credits
  2. Non-revolving Credits

Breakup by Consumer Type:

  1. Individual
  2. MSMEs
  3. Large Enterprises

Breakup by Service Type:

  1. Credit Services
  2. Software and IT Support Services

Breakup by Issuer:

  1. Banks and Finance Companies
  2. Credit Unions
  3. Others

Breakup by Payment Method:

  1. Direct Deposit
  2. Debit Card
  3. Others

Explore full report with table of contents: https://www.imarcgroup.com/consumer-credit-market

Breakup by Region:

  1. North America
  2. Asia Pacific
  3. Europe
  4. Latin America
  5. Middle East and Africa

Some of these key players include:

  1. Bank of America
  2. Barclays
  3. BNP Paribas
  4. China Construction Bank
  5. Citigroup
  6. Deutsche Bank
  7. HSBC
  8. Industrial and Commercial Bank of China (ICBC)
  9. JPMorgan Chase
  10. Mitsubishi UFJ Financial
  11. Wells Fargo

The report has segmented the market on the basis of credit type, consumer type, service type, issuer, payment method and region

Browse Related Report:

https://www.imarcgroup.com/foreign-exchange-market

https://www.imarcgroup.com/sukuk-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
USA: + 1-631-791-1145
Follow us on twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

blog comments powered by Disqus
Comunicati.net è un servizio offerto da Factotum Srl