Credit Risk Management Services Market set to rise $20.0 billion by 2030, as Increased Use of Blockchain for Data Security hits transformation ground


Posted February 7, 2025 by datastring

Credit Risk Management Services is expected to rise to $20.0 billion by 2030 from $7.6 billion of 2023. The revenue growth of industry players is estimated to average at 14.8% annually for period 2023 to 2030.
 
Research Study analyse the new revenue pockets, emerging markets, competition landscape, opportunities & niche insights for Type (Credit Analysis, Credit Scoring, Credit Monitoring, Portfolio Management), Application (Banking, Insurance, Corporate Finance, Government) and End-User (Financial Institutions, Corporations, Credit Bureaus).

Access the detailed report here - ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐๐š๐ญ๐š๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐œ๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ .๐œ๐จ๐ฆ/๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ/๐œ๐ซ๐ž๐๐ข๐ญ-๐ซ๐ข๐ฌ๐ค-๐ฆ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ-๐ฌ๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ-๐ฆ๐š๐ซ๐ค๐ž๐ญ-๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก-๐ซ๐ž๐ฉ๐จ๐ซ๐ญ

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

North America and Asia-Pacific are the two most active and leading regions in the market. The Asia Pacific region is seeing a rise in the adoption of credit risk management due to the increasing demand for credit and the digital evolution, in financial services sector. In this area of the world service providers are concentrating on implementing budget friendly solutions that cater to the needs of developing economies and varied credit markets.

With challenges like high implementation and data management costs, privacy and data security concerns and complexity in integrating multiple data sources, Credit Risk Management Services marketโ€™s supply chain from component suppliers to service providers is expected to evolve & expand further; and industry players will make strategic advancement in emerging markets including India, Brazil and South Korea for revenue diversification and TAM expansion. Blockchain technology is becoming more popular in the field of credit risk management due to its capability to securely store information and improve trust and transparency, in credit procedures.

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐‹๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ ๐š๐ง๐ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐ž๐ฌ

The Credit Risk Management Services market is characterized by intense competition, with a number of leading players such as FICO, S&P Global, Moodyโ€™s, Experian, Equifax, TransUnion, Dun & Bradstreet, SAS Institute, Oracle, CRIF, RiskMetrics and AxiomSL. These players are pushing & penetrating the market with their strategies.

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐’๐ญ๐ซ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ 

DataString Consulting assist companies in strategy formulations & roadmap creation including TAM expansion, revenue diversification strategies and venturing into new markets; by offering in depth insights into developing trends and competitor landscapes as well as customer demographics. Our customized & direct strategies, filters industry noises into new opportunities; and reduces the effective connect time between products and its market niche.

DataString Consulting offers complete range of market research and business intelligence solutions for both B2C and B2B markets all under one roof. DataStringโ€™s leadership team has more than 30 years of combined experience in Market & business research and strategy advisory across the world. Our Industry experts and data aggregators continuously track & monitor high growth segments within more than 15 industries and 60 sub-industries.
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Last Updated February 7, 2025