Global Consumer Credit Market–Trends, Insights and Forecast (2021-2027)

  • Publish Date
    September 1, 2021
  • No of Pages
    320
  • SKU Code
    GIR 3182
  • Format

Global Consumer Credit Market – Trends, Insights and Forecast (2021-2027)

  • The report will cover the overall analysis and insights in relation to the size and growth rate of the “Global Consumer Credit Market” by various segments at a global and regional level for the 2014-2027 period, with 2014-2019 as historical data, 2020 as a base year, 2021 as an estimated year and 2021-2027 as forecast period.

 Global Consumer Credit Market Introduction

  • The Global Consumer Credit Market exhibited moderate growth during forecast period. Consumer credit or consumer debt is a short- or intermediate-term loan granted to an individual to purchase consumer goods or cover personal expenses. It is repaid along with the interest rate decided by the lender. It offers financial flexibility and assistance to borrowers during an emergency and improves the business of banks and other financial institutions. As it is beneficial for the overall economy, consumer credit services are gaining traction around the world.
  • The Global Consumer Credit Market is expected to reach USD XXX billion by 2027. Growing at a CAGR of XXX% during the forecast period.

Global Consumer Credit Market Report Scope

  • The scope of the report covers the clear understanding and overview of the product.
  • Analysis of market trends in the region, with market data considering 2020 as the base year, 2021 as the estimate year and forecast for 2027 with projection of CAGR from 2021 to 2027.
  • The report covers discussion of economic trends and technology.
  • Market estimates represent revenue.
  • In-depth analysis of the market segmentation assists in determining the prevailing market scope.

Segments covered in the reports

Attribute Details
Market size available for years 2014–2027
Base year considered 2020
Forecast period 2021–2027
Historical period 2014-2019
Forecast units Value (USD) & Volume (Million Units)
Forecast units Value (USD) & Volume (Million Units)
Segmentation By Regions
North America, Europe, Asia Pacific, Latin America and Middle East & Africa
By Countries
United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Indonesia, Malaysia, Switzerland, Australia, India, Italy, Sweden, Spain, Belgium, Netherlands, Norway, Brazil, Argentina, Mexico, South Africa and 54 Others.
By Product Type
Cloud, On-premises and others.
By Application
Individual, Enterprise and Others.
Companies covered Bank of America Corporation; Barclays plc.; BNP Paribas SA; China Construction Bank Corp.; Citigroup, Inc.; Deutsche Bank AG; HSBC Holdings Plc; Industrial and Commercial Bank of China Limited; JPMorgan Chase & Co.; Mitsubishi UFJ Financial Group, Inc.; Wells Fargo & Company and Others.

Segments Covered in Global Consumer Credit Market

  • The Consumer Credit market is segmented into various sections such as product types, applications as well as end users and regions. Each of the segment is explained in brief along with the revenue it generates for the market based on the historic and forecast data by highlighting the largest segment and the fastest growing segment with reasons to justify it.

Covid-19 Impact on the Global consumer credit market

  • Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Consumer Credit market in 2021. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

Key Market Players in Global consumer credit market

  • The major players in the Global consumer credit market are Bank of America Corporation; Barclays plc.; BNP Paribas SA; China Construction Bank Corp.; Citigroup, Inc.; Deutsche Bank AG; HSBC Holdings Plc; Industrial and Commercial Bank of China Limited; JPMorgan Chase & Co.; Mitsubishi UFJ Financial Group, Inc.; Wells Fargo & Company and others.
  • Also, the Global consumer credit market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

Objectives of the Global consumer credit market

  • To provide detailed information regarding drivers, restraints, opportunities and challenges are influencing the growth in the Global consumer credit market.
  • To analyze the competitive intelligence of players based on company profiles and their key growth strategies.
  • To strategically analyze micro markets with respect to the individual growth trends, their prospects, and their contribution to the total Global consumer credit market.
  • To analyze competitive developments such as expansions, and product launches, along with research & development (R&D) activities undertaken in the Global consumer credit market.
  • A unique model is created customized for each study also offers suggestions that help enterprises to identify and mitigate risks.

Note

 

  • Global Industry Reports will also support you post-purchase for a period of 6 months to answer any of your queries related to the following market and to provide you any more data if you need, for your analysis.
  • Also, you can buy some selected Chapters from the report.

TABLE OF CONTENT

1 GLOBAL CONSUMER CREDIT MARKET INTRODUCTION

Global Consumer Credit Market Objectives of the study

Global Consumer Credit Market definition

Global Consumer Credit Market scope

Global Consumer Credit Market Stakeholders

Global Consumer Credit Market Limitations

Summary of changes

2 GLOBAL CONSUMER CREDIT MARKET RESEARCH METHODOLOGY

Research data

Secondary data

Primary data

Global Consumer Credit Market size estimation

Global Consumer Credit Market breakdown & data triangulation

Global Consumer Credit Market share analysis

Risk assessment/limitations

Assessment of the impact of covid-19 on the economic scenario

3 GLOBAL CONSUMER CREDIT MARKET EXECUTIVE SUMMARY

4 GLOBAL CONSUMER CREDIT MARKET OUTLOOK / MARKET OVERVIEW

Introduction

Market dynamics

Market drivers

Countries

Market restraints

Opportunities

Challenges

5 INDUSTRY INSIGHTS

Introduction

Industry trends

Strategic benchmarking

Pricing analysis

Value chain analysis

Ecosystem analysis

Patent analysis

Trade analysis

IMPACT OF COVID-19 ON THE GLOBAL CONSUMER CREDIT MARKET

6 GLOBAL CONSUMER CREDIT MARKET BY TYPE

Cloud

On-premises

and others

7 GLOBAL CONSUMER CREDIT MARKET BY APPLICATION

Individual

Enterprise

and Others

8 GLOBAL CONSUMER CREDIT MARKET BY GEOGRAPHY

Overview

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

France

Rest of Europe

Asia Pacific

China

Japan

India

Rest of Asia Pacific

Rest of the World

Latin America

Middle East & Africa

9 GLOBAL CONSUMER CREDIT MARKET COMPETITIVE LANDSCAPE

Introduction

Footprint analysis of the top players in the global consumer credit market

Product & service portfolio matrix

Market share analysis

Company evaluation quadrant

Company evaluation quadrant for start-ups/smes

Competitive scenario

10 COMPANY PROFILES

(Business overview, Products & services offered, Recent Developments, Competitive analysis, SWOT Analysis,)

  1. Bank of America Corporation
  2. Barclays plc.
  3. BNP Paribas SA
  4. China Construction Bank Corp.
  5. Citigroup, Inc.
  6. Deutsche Bank AG
  7. HSBC Holdings Plc
  8. Industrial and Commercial Bank of China Limited
  9. JPMorgan Chase & Co.
  10. Mitsubishi UFJ Financial Group, Inc.
  11. Wells Fargo & Company
  12. 80+ Others.

APPENDIX

Discussion guide

Available customizations

Related reports

Methodology

Research Methodology is the process used to collect information and data for the purpose of making business decisions. The success of a research project is entirely dependent on the research methodology adopted by the company. Research Methodology and Scope We have implemented a mix of primary and secondary research for our market estimate and forecast. Secondary research formed the initial phase of our study, where we conducted extensive data mining, referring to verified data sources such as independent studies, company annual reports, white papers, case studies, government and regulatory published articles, technical journals, magazines, and paid data sources. It was also used to obtain important information about the key players and market classification & segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives. A database of the key industry leaders was also prepared using secondary research.

In the primary research process, various primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information important for respective regions. The primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology and innovation directors, and related executives from key companies and organizations operating in the respective regions. The primary data has been collected through questionnaires, e-mails, and telephonic interviews, end-user surveys, consumer surveys, technology distributors and wholesaler’s surveys.

  • Quantitative methods (e.g. surveys) are best for measuring, ranking, categorizing, identifying patterns and making generalizations
  • Qualitative methods (e.g. interviews) are best for describing, interpreting, contextualizing, and gaining in-depth insight into specific concepts or phenomena
  • Mixed methods allow for a combination of numerical measurement and in-depth exploration.

Market drivers and restraints, along with their current and expected impacts, technological scenario and expected developments, end-use industry trends and dynamics  and consumer behavior trends  these forecasting parameters were considered.

Ethical approach, attention to detail, consistency, latest trend in the market and highly authentic source these are benefits of company’s research methodology.

Market size estimation methodology top-down and bottom-up approaches

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the virtual reality market. These methods have also been extensively used to estimate the sizes of various market subsegments. Estimating the size of the market in each region by adding the sizes of country-wise markets and tracking the ongoing and upcoming implementation of virtual reality projects by various companies in each region and forecasting the size of the virtual reality market based on these developments and other critical parameters, including COVID-19 related impacts

Data Triangulation

After arriving at the overall market size—using the market size estimation processes explained above—the market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. It provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, company profiles, key player strategies competitive developments and key developments) influencing the virtual reality market growth.

Statistical Model

Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis.

Frequently Asked Questions ?

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

By product type

By End User/Applications

By Region

The major players in the Global consumer credit market are Bank of America Corporation; Barclays plc.; BNP Paribas SA; China Construction Bank Corp.; Citigroup, Inc.; Deutsche Bank AG; HSBC Holdings Plc; Industrial and Commercial Bank of China Limited; JPMorgan Chase & Co.; Mitsubishi UFJ Financial Group, Inc.; Wells Fargo & Company and others.