Credit Scoring Market Report 2026

The credit scoring market size has grown rapidly in recent years. It will grow from $23.32 billion in 2025 to $26.1 billion in 2026 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to expansion of consumer and SME lending activities, digitization of banking operations, increasing reliance on data-driven risk assessment, growth of credit bureau infrastructure, rising demand for automated credit evaluation.

The credit scoring market size is expected to see rapid growth in the next few years. It will grow to $40.55 billion in 2030 at a compound annual growth rate (CAGR) of 11.6%. The growth in the forecast period can be attributed to increasing adoption of ai-driven credit platforms, rising regulatory focus on fair lending practices, expansion of embedded finance solutions, growing use of alternative credit scoring models, increasing demand for real-time risk analytics. Major trends in the forecast period include increasing adoption of machine learning-based credit models, rising use of alternative data sources, growing focus on real-time credit decisioning, expansion of explainable and transparent scoring systems, enhanced integration of fraud and risk analytics.

The rise in online transactions is expected to propel the growth of the credit-scoring market in the coming years. Online transactions, which involve buying or selling goods and services over the internet, are increasing due to the expansion of e-commerce platforms that offer unmatched convenience, a wide range of products, competitive pricing, and seamless digital payments. These platforms allow users to shop and pay anytime, anywhere. Credit scoring plays a crucial role in online transactions by enabling quick and reliable assessments of consumer creditworthiness, making it easier for lenders and merchants to approve purchases. It helps reduce financial risk by verifying buyer credibility and enhancing trust and security in digital commerce. For example, in February 2025, MageComp, an India-based website development and digital marketing agency, reported that digital wallet usage surpassed 2 billion users in 2024, marking a 10% annual increase. As such, the rise in online transactions is fueling the growth of the credit-scoring market.

Leading companies in the credit scoring market are focusing on integrating innovative solutions such as business credit evaluation to enhance risk assessment accuracy, streamline lending processes, and expand credit access to underserved segments. Business credit evaluation assesses a company's creditworthiness based on its financial health, credit history, payment behavior, and other relevant factors. For example, in May 2023, Equifax Inc., a U.S.-based credit bureau company, launched OneScore, an innovative credit scoring model for commercial credit. This model enhances financial inclusion by providing a comprehensive view of a business's creditworthiness, enabling lenders to approve more loans without increasing risk. It benefits small businesses by expanding their access to credit, supporting economic growth, and facilitating more efficient credit decisions.

In April 2024, Fintech Galaxy Ltd., a UAE-based financial technology company, partnered with FinbotsAI to enhance credit risk assessment and lending decision-making across the Middle East and North Africa (MENA) region. This collaboration integrates FinbotsAI’s AI-powered credit scoring platform with Fintech Galaxy’s open banking infrastructure. FinbotsAI, a Singapore-based artificial intelligence company, specializes in AI-driven credit scoring and risk management solutions for the financial services sector.

Major companies operating in the credit scoring market are Intuit, Experian plc, Equifax Inc., TransUnion LLC, Fair Isaac Corporation, CRIF Realtime Ltd, Creditsafe Group, CTOS Digital Berhad, Kreditech, Trusting Social Company Limited, Creditinfo Group hf., Zest AI, Nova Credit, Levine Leichtman Capital Partners, CredoLab, ITGalax Solutions Pvt Ltd, Radix Analytics Pvt Ltd., SAS Institute, VantageScore Solutions LLC, PayCrunch Technologies Private Limited.

North America was the largest region in the credit scoring market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the credit scoring market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the credit scoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The credit scoring market includes revenues earned by entities by providing services such as credit risk assessment, credit score generation, credit monitoring, fraud detection, customer profiling, and decision analytics for lending and financial institutions. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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