From GlobeNewswire: 2024-08-06 12:00:00

Allied Market Research reports that the global reverse factoring market was valued at $0.5 trillion in 2023 and is projected to reach $1.3 trillion by 2032, with a CAGR of 11.2% from 2024 to 2032. Growth is driven by investments from MSMEs and advances in technology. However, lack of standardization and fraud risk hinder market development. Advancements in technologies like NLP, AI, and Blockchain create opportunities. The domestic segment is expected to dominate the market, while the bank segment is projected to have the largest market share. Asia-Pacific is set to maintain dominance in the market by 2032. Major players include Accion International, Credit Suisse Group AG, and JP Morgan Chase & Co. In recent industry developments, Ford and Walmart initiated reverse factoring programs with suppliers. Government reforms aim to encourage fair payment practices. Key benefits for stakeholders of the industry include quantitative analysis of market segments, identification of opportunities, and insight into key drivers and restraints. The report provides an in-depth analysis of market segmentation, regional outlook, and growth strategies. Key segments covered are by category, financial institution, end-user, and region. Trends indicate growth opportunities in the trade finance, supply chain finance, auto finance, microfinance, and embedded finance sectors. Allied Market Research provides quality market research reports and business intelligence solutions for global enterprises and small businesses to make strategic decisions and achieve sustainable growth.



Read more at GlobeNewswire: Reverse Factoring Market to Reach $1.3 Trillion, Globally,