Reverse Factoring Market to Grow with a CAGR of 11.02% Globally through to 2028
Reverse
Factoring market increasing due to rising demand for working capital
optimization and supply chain financing solutions globally in the forecast
period, 2024-2028.
According to
TechSci Research report, “Global Reverse Factoring Market - Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2028 Global Reverse
Factoring market has witnessed tremendous growth in recent years, reaching a
valuation of USD 549.45 billion in 2022. The market is projected to continue
its strong upward trajectory, posting a CAGR of 11.02% from 2024 to 2028. The global reverse factoring market has witnessed
significant growth over the past year, driven primarily by increasing demand from
the retail, consumer packaged goods (CPG), travel and hospitality sectors.
Leading brands and retailers have increasingly recognized the strategic and
operational advantages offered by reverse factoring platforms. Reverse
factoring platforms enable personalized customer engagements and data-driven
insights that have become essential for driving customer lifetime value in
today's competitive landscape. Retailers are partnering with major reverse
factoring solution providers to develop innovative platforms tailored for an
omnichannel experience.
In the travel
and hospitality industry as well, reverse factoring platforms have emerged as
the preferred tool for customer acquisition, engagement and retention due to
their ability to support loyalty programs at a global scale. Leading airlines,
hotel chains and online travel agencies are collaborating with reverse
factoring vendors to develop global loyalty solutions for a seamless customer
experience. Technologies
leveraging customer data such as AI-powered personalized recommendations,
predictive analytics for targeted upsell/cross-sell opportunities and
integrated CRM platforms have empowered enterprises with customized loyalty
strategies. This has given them a competitive edge by boosting customer satisfaction,
optimizing marketing ROI and expediting the rollout of value-added loyalty
services. Furthermore,
ongoing R&D in areas such as blockchain for loyalty points management,
augmented reality for enhanced customer engagement and next-generation loyalty
platforms is fueling innovation. These advancements are enabling brands to
establish data-driven models for customer segmentation, campaign management and
service delivery using loyalty programs. As digital
transformation continues to accelerate globally across industries, the need for
customer-centric strategies will further increase reliance on reverse factoring
platforms. This positions the market for continued strong growth in the coming
years as adoption expands worldwide.
Browse over 26
market data Figures spread through 91 Pages and an in-depth TOC on "Global Reverse Factoring Market.”
Global Reverse
Factoring market is segmented by technology, service provider, end-user
industry and region.
By technology,
the dominant segment is traditional reverse factoring due to established
processes and wide acceptance. However, blockchain-based reverse factoring is
poised to witness the fastest growth by enabling decentralized networks for
transparent, secure transactions. In terms of
service provider, banks and financial institutions dominated in 2022 leveraging
trade finance expertise. Nonetheless, the fintech companies segment is expected
to emerge as the fastest growing segment driven by innovative digital
solutions. By end-user
industry, manufacturing accounted for the largest share attributed to working
capital requirements. However, the retail segment is projected to rise at the
highest CAGR during the forecast period on the back of supply chain financing
needs. Regionally,
North America dominated the reverse factoring market share in 2022 and is
expected to continue its leadership. That said, Asia Pacific is likely to
accelerate as the fastest growing region owing to industrialization across
developing nations. Overall, the
global reverse factoring market is well-positioned for continued expansion,
supported by the rising demand for supply chain financing solutions worldwide.
Major companies
operating in Global Reverse Factoring Market are:
- C2FO,
Inc
- PrimeRevenue,
Inc
- Tradeshift
Holdings, Inc
- Taulia Inc
- Comdata Inc
- BNP Paribas S.A.
- Fidelity
National Information Services, Inc
- SAP Ariba, Inc
- Euler Hermes SASAP Ariba, Inc
- Deutsche Bank Aktiengesellschaft
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“Global Reverse
Factoring market has witnessed significant growth in recent years and is
well-positioned to continue expanding rapidly. Propelled by the rising digital
transformation across industries, the reverse factoring market size is
projected to record strong revenue growth over the next five years.
Technologies
like AI, cloud computing, IoT, big data analytics have enabled enterprises to
leverage reverse factoring platforms to optimize operations, generate
predictive supplier and buyer insights, automate workflows and manage
compliance at scale. By collecting and analyzing vast amounts of transaction
data through advanced analytics, reverse factoring solutions allow companies to
highly customize financing programs, reduce costs through streamlined processes
and strengthen regulatory controls.
Both large
enterprises and SMEs are partnering with reverse factoring providers to
digitally transform core supply chain finance functions. This adoption of
reverse factoring solutions helps organizations enhance supplier relationships
through personalized recommendations, automate workflows to boost efficiencies
and manage compliance requirements more effectively.
Reverse
factoring vendors continue making heavy investments in R&D to develop
industry-specific solutions addressing diverse business needs. Regulatory
bodies are also framing policies to ensure data privacy and security standards
are maintained, fueling continued innovation.
Backed by
ongoing technological advancements in AI, cloud and IoT domains, growing acceptance
of data-driven strategies and continuous product innovation, analysts project
the global reverse factoring market will register strong, sustained revenue
growth over the next five years. As digital technologies become increasingly
critical for business functions across sectors, reverse factoring solutions are
cementing their role as indispensable tools for optimizing processes.
The future
outlook for the global reverse factoring market remains highly positive,
well-positioned for continued expansion driven by factors supporting the
ongoing digital transformation worldwide.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based management consulting firm.
“Reverse Factoring Market by
Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Reverse
Factoring Market -Segmented
by Solution Type (Application-Centric Managed File
Transfer , People-Centric Managed File Transfer , Ad-Hoc Managed File Transfer), By Deployment Model (Public Cloud, Private
Cloud, Hybrid Cloud),
By End-User Industry (Manufacturing, Retail, Automotive, Healthcare, Construction,
Energy and Utilities, Aerospace and Defense, Telecom, Others)
By Region, By Competition”, has evaluated the future growth potential of Global
Reverse Factoring Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Reverse Factoring Market.
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