Global Debt Collection Software Market Outlook to 2027 – Specialized AI/ML Applications Present Opportunities

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Dublin, April 21, 2022 (GLOBE NEWSWIRE) — The report “Global Debt Collection Software Market (2022-2027) by Components, Deployment Type, Organization Type, Geography, Competitive Analysis and Covid-19 Impact with Ansoff Analysis” has been added to from ResearchAndMarkets.com offer.

The Global Debt Collection Software Market is estimated to be valued at USD 3.9 Billion in 2022 and is projected to reach USD 6.06 Billion by 2027, growing at a CAGR of 9.23%.

Market dynamics

Market dynamics are forces that are impacting pricing and stakeholder behaviors in the global Debt Collection Software market. These forces create price signals that result from changes in the supply and demand curves for a given product or service. The forces of market dynamics can be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand and supply. Human emotions can also drive decisions, influence the market and create price signals.

As market dynamics impact supply and demand curves, policymakers aim to determine how best to use various financial tools to stem various strategies aimed at accelerating growth and reducing risk.

Company Profiles

The report provides a detailed analysis of competitors in the market. It covers the analysis of financial performance of listed companies in the market. The report also offers detailed information about recent development and competitive scenario of the companies. Some of the companies covered in this report are Agreeya Solutions, Chetu Inc., Fico (Fair Isaac Corporation), Loxon Solutions, Quantrax Corp. Inc., Wincollect Pty. Ltd., etc.

Countries studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of – Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest MEA.
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and assess the position of companies based on their industry position score and market performance score. The tool uses various factors to classify players into four categories. Some of these factors considered for analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc

Ansoff analysis

The report presents a detailed analysis of the Ansoff matrix for the global debt collection software market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design business growth strategies. The matrix can be used to assess approaches in four strategies viz. Market development, market penetration, product development and diversification. The matrix is ​​also used for risk analysis to understand the risk associated with each approach.

The analyst analyzes the global debt collection software market using the Ansoff Matrix to provide the best approaches a company can take to improve its position in the market.

Based on the SWOT analysis done on the industry and industry players, the analyst has designed appropriate strategies for market growth.

Why buy this report?

  • The report offers a comprehensive assessment of the global debt collection software market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and market size projections. Projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The main research is done through interviews, surveys and observations of renowned personnel in the industry.
  • The report includes in-depth market analysis using Porter’s 5 forces model and Ansoff’s matrix. Additionally, the impact of Covid-19 on the market is also presented in the report.
  • The report also includes the regulatory scenario in the industry, which will help you to make an informed decision. The report discusses the major regulatory bodies and major rules and regulations imposed on this industry across various geographies.
  • The report also contains competitive analysis using Positioning Quadrants, the analyst’s competitive positioning tool.

Main topics covered:

1 Description of the report

2 Research methodology

3 Executive summary

4 Market dynamics
4.1 Drivers
4.1.1 Increase in Demand for Automation in Accounts Receivable Process
4.1.2 Ramp-up of the multi-channel collection service
4.1.3 Increased Need to Reduce Bad Debt and Maintain an Accurate Borrower Profile
4.2 Constraints
4.2.1 High cost of maintenance and investment
4.3 Opportunities
4.3.1 Specialized applications of AI/ML
4.3.2 Growing Demand for Commercial and Consumer Debt Collection Services
4.3.3 Increased use of analytics-based collection models
4.4 Challenges
4.4.1 Insufficiency of the legacy system
4.4.2 Lack of real-time collaboration between borrower and collector

5 Market Analysis
5.1 Regulatory scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff matrix analysis

6 Global Debt Collection Software Market, by Components
6.1 Presentation
6.2 Software
6.3 Maintenance

7 Global Debt Collection Software Market, By Type of Deployment
7.1 Presentation
7.2 Cloud
7.3 On site

8 Global Debt Collection Software Market, By Organization Type
8.1 Presentation
8.2 Financial Institution
8.3 Collection Agencies
8.4 Healthcare
8.5 Government
8.6 Telecom and utilities
8.7 Other

9 Americas Debt Collection Software Market
9.1 Presentation
9.2 Argentina
9.3 Brazil
9.4 Canada
9.5 Chile
9.6 Colombia
9.7 Mexico
9.8 Peru
9.9 United States
9.10 Rest of the Americas

10 Europe Debt Collection Software Market
10.1 Presentation
10.2 Austria
10.3 Belgium
10.4 Denmark
10.5 Finland
10.6France
10.7 Germany
10.8 Italy
10.9 Netherlands
10.10 Norway
10.11 Poland
10.12 Russia
10.13 Spain
10.14 Sweden
10:15 a.m. Switzerland
10.16 UK
10.17 Rest of Europe

11 Middle East and Africa Debt Collection Software Market
11.1 Presentation
11.2 Egypt
11.3 Israel
11.4 Qatar
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA

12 APAC Debt Collection Software Market
12.1 Presentation
12.2 Australia
12.3 Bangladesh
12.4 China
12.5 India
12.6 Indonesia
12.7 Japan
12.8 Malaysia
12.9 Philippines
12.10 Singapore
12.11 South Korea
12.12 Sri Lankan
12.13 Thailand
12.14 Taiwan
12.15 Rest of Asia-Pacific

13 Competitive Landscape
13.1 Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 Mergers and Acquisitions and Investments
13.3.2 Partnerships and collaborations
13.3.3 Product Developments and Improvements

14 company profiles
14.1 Accepting Solutions
14.2 Ameyo (Drishti-soft Solutions Pvt. Ltd.)
14.3 Astory Technology S.A.
14.4 Bertelsmann Se & Co.
14.5 CGI Inc.
14.6 Chetu inc.
14.7 Coface (Arch Capital Group Ltd)
14.8 Experian Information Solutions, Inc.
14.9 Exus
14.10 Fico (Fair Isaac Corporation)
14.11 Fidelity National Information Services, Inc.
14.12 Intellect Design Arena LTD.
14.13 Katabat
14.14 Kühlekt
14.15 Loxon Solutions
14.16 Nucleus Software LTD.
14.17 Pegasystems Inc.
14.18 Quantrax Corp. Inc.
14.19 Sopra banking software
14.20 Temenos AG
14.21 Tietoevry
14.22 Transunion LLC
14.23 Wincollect Pty. ltd.

15 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/iqt0v5

  • Global debt collection software market


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