How big is the Factoring Market?

The Factoring Market size is expected to reach USD 4.16 trillion in 2024 and grow at a CAGR of 6.05% to reach USD 5.59 trillion by 2029. Read More

What is the current Factoring Market size?

In 2024, the Factoring Market size is expected to reach USD 4.16 trillion. Read More

Who are the key players in Factoring Market?

AwanTunai, Eurobank Ergasias SA, Hitachi Capital (UK) PLC, KUKE Finance JSC and Deutsche Factoring Bank are the major companies operating in the Factoring Market. Read More

Which is the fastest growing region in Factoring Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Factoring Market?

In 2024, the Europe accounts for the largest market share in Factoring Market. Read More

What years does this Factoring Market cover, and what was the market size in 2023?

In 2023, the Factoring Market size was estimated at USD 3.91 trillion. The report covers the Factoring Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Factoring Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Factoring Market Size & Share Analysis - Industry Research Report

Factoring Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Factoring Market Report is Segmented by Provider (Banks and NBFCs), Enterprise Size (Large Enterprises and SMEs), Application (Domestic, International), End User (Construction, Manufacturing, Healthcare, Transportation and Logistics, Energy and Utilities, IT and Telecom, and Other End Users (Staffing Agencies, Advertising, Etc. ), and Region (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Report Offers Market Size and Forecast of Factoring Market for all the Above Segments in Value (USD).

Factoring Industry Overview

The factoring market is fragmented. Market players are investing in strategic partnerships and mergers and acquisitions to actively connect with current and potential customers to grow their market share. They are also investing heavily in cutting-edge technologies such as DLT (Distributed Ledger Technology) and Blockchain technology activities to gain market leadership. The major players dominating the market are AwanTunai, Eurobank Ergasias SA, Hitachi Capital (UK) PLC, KUKE Finance JSC, and Deutsche Factoring Bank.