Credit Insurance Market 2025 Global Analysis By Key Players – Atradius N.V., Coface SA, American International Group, Credendo
The global credit insurance market is anticipated accounted to US$ 8.64 Bn in 2017 and is expected to grow at a CAGR of 2.9% during the forecast period 2018 – 2025, to account to US$ 10.77 Bn by 2025.
Worldwide Credit Insurance Market Analysis to 2025 is a specialized and in-depth study of the Credit Insurance industry with a focus on the global market trend. The report aims to provide an overview of global Credit Insurance Market with detailed market segmentation by product/application and geography. The global Credit Insurance Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Credit Insurance players and offers key trends and opportunities in the market.
The report enables you to-
- Formulate significant competitor information, analysis, and insights to improve R&D strategies
- Identify emerging players with potentially strong product portfolio and create effective counter strategies to gain competitive advantage
- Identify and understand important and diverse types of Credit Insurance under development
- Develop market entry and market expansion strategies
- Plan mergers and acquisitions effectively by identifying major players with the most promising pipeline
- In-depth analysis of the product's current stage of development, territory and estimated launch date
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Growth in the recent five years is primarily driven by two major factors, unstable macroeconomic factors that are influencing the growth of credit insurance, and improving sales & accounts receivable support benefits to accentuate the demand for credit insurance. The scope of the research study includes different types of insurance players as global players, regional players as well as niche and local players operating in the credit insurance market. The study also provides market insights and analysis of the credit insurance market, highlighting the market technological trends, adoption rate, industry dynamics, and competitive analysis of major players in the industry.=
Credit Insurance Market Report provides an overview of latest technologies and in-depth analysis that reflect top vendor’s portfolios and technology; examines the strategic planning, challenges of leading brands and market opportunities for newcomers.
The global credit insurance market is experiencing good growth with regards to the investments, and stringent regulations being laid out in different countries in the current scenario and are anticipated to rise in the coming years. The market for credit insurance consists of various established players across the globe, which invest high amounts in order to deliver the most advanced service to the customers.
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Due to medium entry barrier to the market, several tier 2 companies are upcoming in the market across the globe, increasing the competitiveness of the market over the years. Majority of the companies operating in the global market are based out of Europe, and North America. However, the market is penetrating at a higher growth rate in the Asia Pacific and the Middle East regions owing to the increasing export business in the regions. China is one of the prominent countries in Asia Pacific regions with China Export and Credit Insurance Corporation holding the majority of the market share in China.
TABLE OF CONTENTS
1. INTRODUCTION 14
1.1 SCOPE OF THE STUDY 14
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 14
2. KEY TAKEAWAYS 16
3. CREDIT INSURANCE MARKET LANDSCAPE 20
3.1 MARKET OVERVIEW 20
3.2 MARKET SEGMENTATION 21
3.2.1 Credit Insurance Market – By Component 22
3.2.2 Credit Insurance Market – By Enterprise Size 22
3.2.3 Credit Insurance Market – By Application 23
3.2.4 Credit Insurance Market – By Geography 23
3.3 PEST ANALYSIS 24
3.3.1 North America – PEST Analysis 24
3.3.2 Europe – PEST Analysis 26
3.3.3 Asia Pacific – PEST Analysis 28
3.3.4 Middle East and Africa – PEST Analysis 30
3.3.5 South America – PEST Analysis 32
4. CREDIT INSURANCE MARKET – KEY INDUSTRY DYNAMICS 34
4.1 KEY MARKET DRIVERS 34
4.1.1 Unstable Macro-Economic Factors are Influencing the Growth of Credit Insurance 34
4.1.2 Improving Sales and Accounts Receivable Support Benefits to Accentuate the Demand for Credit Insurance 34
4.2 KEY MARKET RESTRAINTS 35
4.2.1 Fraudulent Policies and Claims are Limiting the Market Growth 35
4.3 KEY MARKET OPPORTUNITIES 35
4.3.1 Asia Pacific a Lucrative Region for Credit Insurance Companies 35
4.4 FUTURE TRENDS 36
4.4.1 Simplified Insurance Claiming Procedures 36
4.4.2 Integration of Technology to Boost the Market Growth 36
4.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS 37
5. CREDIT INSURANCE – PREMIUM INSIGHTS 38
5.1 CREDIT INSURANCE REGULATORY FRAMEWORK 38
5.2 CREDIT INSURANCE RISK ANALYSIS 39
5.2.1 Credit Insurance Political and Commercial Risk: 39
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The market for credit insurance globally has been segmented on the basis of components into two major segments including products and services. The companies operating in the global credit insurance market design and innovate robust products and services depending upon the requirements of the customers or clients. The global credit insurance market is further bifurcated on basis of enterprise size as small & medium enterprises (SMEs) and large enterprises. The large enterprises capture a significant market share in the global credit insurance market over the years.
Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Credit Insurance Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Credit Insurance Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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