Global Consumer Credit Market 2016-2020

  • ID: 3946604
  • Report
  • Region: Global
  • 87 pages
  • TechNavio
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The Volatile Future of the Global Credit Market

FEATURED COMPANIES

  • Bank of America
  • Barclays
  • BNP Paribas
  • China Construction Bank
  • Citigroup
  • Deutsche Bank
  • MORE
About Consumer Credit

Consumer credit, also known as consumer debt, refers to debt incurred by individual customers during the purchase of goods or services. Consumer credit includes purchases that are made with lines of credit, credit cards, and loans. Basically, there are two kinds of consumer credit. These are revolving line of credit and non-revolving line of credit, which is also known as installment credit.

The analysts forecast the global consumer credit market to grow at a CAGR of 4.88% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global consumer credit market for 2016-2020. To calculate the market size, the report considers the total consumer credit outstanding reported from the Americas, APAC, and EMEA.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Consumer Credit Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- BNP Paribas
- Citigroup
- HSBC
- Industrial and Commercial Bank of China (ICBC)
- JPMorgan Chase

Other prominent vendors
- Bank of America
- Barclays
- China Construction Bank
- Deutsche Bank
- Mitsubishi UFJ Financial Group
- Wells Fargo

Market drivers
- High economic growth in emerging markets for micro enterprises
- For a full, detailed list, view the full report

Market challenges
- Lack of risk management and inadequate MIS
- For a full, detailed list, view the full report

Market trends
- Leveraging social media channels for better market penetration and customer connectivity
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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FEATURED COMPANIES

  • Bank of America
  • Barclays
  • BNP Paribas
  • China Construction Bank
  • Citigroup
  • Deutsche Bank
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
  • Consumer credit overview
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Geographical segmentation
  • Geographical segmentation
  • Americas
  • EMEA
  • APAC
PART 07: Market drivers
  • Quicker access to credit
  • High economic growth in emerging markets for micro enterprises
  • Portfolio risk solutions
PART 08: Impact of drivers

PART 09: Market challenges
  • Regulatory issues
  • Lack of risk management and inadequate MIS
  • Difficulty in credit assessment and assessing lending risks
PART 10: Impact of drivers and challenges

PART 11: Market trends
  • Big data analytics
  • Leveraging social media channels for better market penetration and customer connectivity
  • New credit scoring approach and collaboration in global marketplace
PART 12: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 13: Key vendor analysis
  • BNP Paribas
  • Citigroup
  • HSBC
  • ICBC
  • JPMorgan Chase
PART 14: Appendix
  • List of abbreviations
PART 15: About the Author

List of Exhibits
Exhibit 01: Countries covered for market analysis
Exhibit 02: Product offerings
Exhibit 03: Growth strategies of consumer banking institutions
Exhibit 04: Global consumer credit market 2015-2020 ($ trillions)
Exhibit 05: Banking solutions
Exhibit 06: Types of consumer credit 2015
Exhibit 07: Five forces analysis
Exhibit 08: Geographical segmentation 2015-2020
Exhibit 09: Consumer credit market in Americas 2015-2020 ($ trillions)
Exhibit 10: Revolving line of credit in Americas 2015
Exhibit 11: Non-revolving line of credit in Americas 2015
Exhibit 12: Consumer credit market in EMEA 2015-2020 ($ trillions)
Exhibit 13: Consumer credit market in APAC 2015-2020 ($ trillions)
Exhibit 14: Growth strategy of banks in APAC
Exhibit 15: Key takeaways from APAC
Exhibit 16: Impact of drivers
Exhibit 17: Impact of drivers and challenges
Exhibit 18: Social media benefits to the banking institutions
Exhibit 19: Factors that drive customer satisfaction
Exhibit 20: Customer connectivity
Exhibit 21: Improved inventory management
Exhibit 22: Advantages of successful implementation of ERP in enterprises
Exhibit 23: Other prominent vendors
Exhibit 24: Recent developments
Exhibit 25: Business portfolio
Exhibit 26: Recent developments
Exhibit 27: Product offerings
Exhibit 28: Recent developments
Exhibit 29: Product portfolio
Exhibit 30: Recent developments
Exhibit 31: Product portfolio
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FEATURED COMPANIES

  • Bank of America
  • Barclays
  • BNP Paribas
  • China Construction Bank
  • Citigroup
  • Deutsche Bank
  • MORE

New Report Released: – Global Consumer Credit Market 2016-2020

The author of the report recognizes the following companies as the key players in the global consumer credit market: BNP Paribas, Citigroup, HSBC, Industrial and Commercial Bank of China (ICBC), and JPMorgan Chase

Other Prominent Vendors in the market are: Bank of America, Barclays, China Construction Bank, Deutsche Bank, Mitsubishi UFJ Financial, and Wells Fargo

Commenting on the report, an analyst from the research team said: “Many top banks are focusing more on expense management so that they can increase the profit margin of the business. This is possible only through upgrading and integration of technology. Many banks are shifting their focus from stand-alone technology projects to an environment where there is a continuous technological improvement. Many top vendors are coming into mergers and acquisitions and joint ventures, which help the businesses to reduce cost so that there can be smooth integration in data mining and organizational resources. It is important that the top banking vendors formulate strategies to attract the different customer segments. This could be possible only through multiple distribution and communication channels. Many top banking vendors are also making use of the cost-effective solutions in infrastructure, communication, and analytics.”

According to the report, many global consumer banking institutions offer risk and scenario analytics for different products and services with real-time pricing and capital management of multi-asset portfolios. This unique tool will provide a transparent and detailed solution to clients to buy products and services from specific banking and financial institutions. Finance professionals who deal with consumer banking products use credit data and deal with information that produces cash flows and analytics at the portfolio level. This practical process of pricing the products and solutions should help manage individual portfolios and avoid firm-wide risks through consistency, automation, and transparency. For instance, specialized pricing functions produce all relevant analytics that are useful for consumer banking professionals.

Further, the report states that Many growing enterprises are highly sensitive to the economic cycles of the country, particularly because of the limited business diversification and limited capital reserves. Owing to the global economic crisis and the recent Greek debt crisis, the economies in the developing as well as the developed countries are undergoing a drastic drop in the demand for goods and services. This has severely affected the production volumes of these enterprises segment. As a result, there has been less demand for financing, thereby, reducing the credit available to these enterprises. In addition, there has been a decline in liquidity and credit-related problems, which has led to an increase in the ad-hoc costs of raw materials. There have also been considerable fluctuations in the foreign exchange rate, and inflation pressure that has led to the drop in demand for goods and services. It is very critical for a financier to assess the creditworthiness of the borrower before funding to minimize the risk of default on repayments. Micro enterprises are predominantly from the emerging countries; these business entities have limited knowledge of business processes. Hence, it is important to assess the credit history as these business entities run a high risk of default. As a measure, many countries have initiated the credit bureau system to track the creditworthiness of microenterprise players. However, due to operational difficulties, the system is not fully functional, which prevents banks from issuing loans to these client segments.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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- BNP Paribas
- Citigroup
- HSBC
- Industrial and Commercial Bank of China (ICBC)
- JPMorgan Chase
- Bank of America
- Barclays
- China Construction Bank
- Deutsche Bank
- Mitsubishi UFJ Financial
- Wells Fargo
Note: Product cover images may vary from those shown
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