Global Factoring Market to Grow by $1.7 Trillion During 2023-2027 – ResearchAndMarkets.com

Global Factoring Market to Grow by $1.7 Trillion During 2023-2027 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Factoring Market 2023-2027” report has been added to ResearchAndMarkets.com’s offering.

The factoring market is poised to grow by $1720.41 bn from 2023-2027, accelerating at a CAGR of 7.54% during the forecast period. The report on the factoring market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing need for alternative sources of financing for MSMEs, improved inventory management, and enhanced liquidity for efficient working capital management.

The factoring market is segmented as below:

By Type

Domestic
International

By Application

SMEs
Large enterprise

By Geographical Landscape

Europe
APAC
South America
North America
Middle East and Afr

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