Product Code: MCP13076
What`s New for 2023?
»Special coverage on Russia-Ukraine war; global inflation; easing of "zero-Covid" policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
»Global competitiveness and key competitor percentage market shares
» Market presence across multiple geographies - Strong/Active/Niche/Trivial
»Online interactive peer-to-peer collaborative bespoke updates
»Access to our digital archives and MarketGlass Research Platform
»Complimentary updates for one year
Looking Ahead to 2023
The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet. Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
Global Loan Servicing Software Market to Reach $84.5 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Loan Servicing Software estimated at US$38.7 Billion in the year 2022, is projected to reach a revised size of US$84.5 Billion by 2030, growing at aCAGR of 10.2% over the period 2022-2030. SaaS-Based, one of the segments analyzed in the report, is projected to record 11% CAGR and reach US$56.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the On-Premise segment is readjusted to a revised 8.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $11.8 Billion, While China is Forecast to Grow at 9.5% CAGR
The Loan Servicing Software market in the U.S. is estimated at US$11.8 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$14.2 Billion by the year 2030 trailing a CAGR of 9.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.4% and 8.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.1% CAGR.
Select Competitors (Total 17 Featured) -
- Applied Business Software, Inc. (ABS)
- AutoPal Software
- C-Loans, Inc.
- Cloud Lending, Inc.
- DownHome Solutions
- Emphasys Software
- FIS
- Fiserv, Inc.
- Grants Management Systems (GMS)
- Graveco Software Inc.
- IBM Corporation
- ISGN Corporation
- LOAN SERVICING SOFT INC.
- Mortgage Builder
- NBFC Software
- Nortridge Software
- Oracle Corporation
- PCFS Solutions
- Shaw Systems Associates LLC
- Simnang LLC
- Sopra Banking Software SA
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Loan Servicing Software - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Loan Servicing Software Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
- TABLE 2: World Recent Past, Current & Future Analysis for Loan Servicing Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- TABLE 3: World Historic Review for Loan Servicing Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- TABLE 4: World 16-Year Perspective for Loan Servicing Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2023 & 2030
- TABLE 5: World Recent Past, Current & Future Analysis for SaaS-Based by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- TABLE 6: World Historic Review for SaaS-Based by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- TABLE 7: World 16-Year Perspective for SaaS-Based by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
- TABLE 8: World Recent Past, Current & Future Analysis for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- TABLE 9: World Historic Review for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- TABLE 10: World 16-Year Perspective for On-Premise by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
III. MARKET ANALYSIS
- UNITED STATES
- Loan Servicing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Active Players in United States
- TABLE 11: USA Recent Past, Current & Future Analysis for Loan Servicing Software by Deployment - SaaS-Based and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 12: USA Historic Review for Loan Servicing Software by Deployment - SaaS-Based and On-Premise Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- TABLE 13: USA 16-Year Perspective for Loan Servicing Software by Deployment - Percentage Breakdown of Value Sales for SaaS-Based and On-Premise for the Years 2014, 2023 & 2030
- CANADA
- TABLE 14: Canada Recent Past, Current & Future Analysis for Loan Servicing Software by Deployment - SaaS-Based and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 15: Canada Historic Review for Loan Servicing Software by Deployment - SaaS-Based and On-Premise Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- TABLE 16: Canada 16-Year Perspective for Loan Servicing Software by Deployment - Percentage Breakdown of Value Sales for SaaS-Based and On-Premise for the Years 2014, 2023 & 2030
- JAPAN
- Loan Servicing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- TABLE 17: Japan Recent Past, Current & Future Analysis for Loan Servicing Software by Deployment - SaaS-Based and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 18: Japan Historic Review for Loan Servicing Software by Deployment - SaaS-Based and On-Premise Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- TABLE 19: Japan 16-Year Perspective for Loan Servicing Software by Deployment - Percentage Breakdown of Value Sales for SaaS-Based and On-Premise for the Years 2014, 2023 & 2030
- CHINA
- Loan Servicing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- TABLE 20: China Recent Past, Current & Future Analysis for Loan Servicing Software by Deployment - SaaS-Based and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 21: China Historic Review for Loan Servicing Software by Deployment - SaaS-Based and On-Premise Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- TABLE 22: China 16-Year Perspective for Loan Servicing Software by Deployment - Percentage Breakdown of Value Sales for SaaS-Based and On-Premise for the Years 2014, 2023 & 2030
- EUROPE
- Loan Servicing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- TABLE 23: Europe Recent Past, Current & Future Analysis for Loan Servicing Software by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- TABLE 24: Europe Historic Review for Loan Servicing Software by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- TABLE 25: Europe 16-Year Perspective for Loan Servicing Software by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2023 & 2030
- TABLE 26: Europe Recent Past, Current & Future Analysis for Loan Servicing Software by Deployment - SaaS-Based and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 27: Europe Historic Review for Loan Servicing Software by Deployment - SaaS-Based and On-Premise Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- TABLE 28: Europe 16-Year Perspective for Loan Servicing Software by Deployment - Percentage Breakdown of Value Sales for SaaS-Based and On-Premise for the Years 2014, 2023 & 2030
- FRANCE
- Loan Servicing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Active Players in France
- TABLE 29: France Recent Past, Current & Future Analysis for Loan Servicing Software by Deployment - SaaS-Based and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 30: France Historic Review for Loan Servicing Software by Deployment - SaaS-Based and On-Premise Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- TABLE 31: France 16-Year Perspective for Loan Servicing Software by Deployment - Percentage Breakdown of Value Sales for SaaS-Based and On-Premise for the Years 2014, 2023 & 2030
- GERMANY
- Loan Servicing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- TABLE 32: Germany Recent Past, Current & Future Analysis for Loan Servicing Software by Deployment - SaaS-Based and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 33: Germany Historic Review for Loan Servicing Software by Deployment - SaaS-Based and On-Premise Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- TABLE 34: Germany 16-Year Perspective for Loan Servicing Software by Deployment - Percentage Breakdown of Value Sales for SaaS-Based and On-Premise for the Years 2014, 2023 & 2030
- ITALY
- TABLE 35: Italy Recent Past, Current & Future Analysis for Loan Servicing Software by Deployment - SaaS-Based and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 36: Italy Historic Review for Loan Servicing Software by Deployment - SaaS-Based and On-Premise Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- TABLE 37: Italy 16-Year Perspective for Loan Servicing Software by Deployment - Percentage Breakdown of Value Sales for SaaS-Based and On-Premise for the Years 2014, 2023 & 2030
- UNITED KINGDOM
- Loan Servicing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- TABLE 38: UK Recent Past, Current & Future Analysis for Loan Servicing Software by Deployment - SaaS-Based and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 39: UK Historic Review for Loan Servicing Software by Deployment - SaaS-Based and On-Premise Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- TABLE 40: UK 16-Year Perspective for Loan Servicing Software by Deployment - Percentage Breakdown of Value Sales for SaaS-Based and On-Premise for the Years 2014, 2023 & 2030
- REST OF EUROPE
- TABLE 41: Rest of Europe Recent Past, Current & Future Analysis for Loan Servicing Software by Deployment - SaaS-Based and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 42: Rest of Europe Historic Review for Loan Servicing Software by Deployment - SaaS-Based and On-Premise Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- TABLE 43: Rest of Europe 16-Year Perspective for Loan Servicing Software by Deployment - Percentage Breakdown of Value Sales for SaaS-Based and On-Premise for the Years 2014, 2023 & 2030
- ASIA-PACIFIC
- Loan Servicing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- TABLE 44: Asia-Pacific Recent Past, Current & Future Analysis for Loan Servicing Software by Deployment - SaaS-Based and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 45: Asia-Pacific Historic Review for Loan Servicing Software by Deployment - SaaS-Based and On-Premise Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- TABLE 46: Asia-Pacific 16-Year Perspective for Loan Servicing Software by Deployment - Percentage Breakdown of Value Sales for SaaS-Based and On-Premise for the Years 2014, 2023 & 2030
- REST OF WORLD
- TABLE 47: Rest of World Recent Past, Current & Future Analysis for Loan Servicing Software by Deployment - SaaS-Based and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 48: Rest of World Historic Review for Loan Servicing Software by Deployment - SaaS-Based and On-Premise Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- TABLE 49: Rest of World 16-Year Perspective for Loan Servicing Software by Deployment - Percentage Breakdown of Value Sales for SaaS-Based and On-Premise for the Years 2014, 2023 & 2030
IV. COMPETITION