Loading...
Cart
0

Europe Debt Collection Software Market Expected to Reach $1,784 Million by 2025

 
 

quote The Netherland is expected to grow at a highest CAGR during the forecast period, as 70% of wholesale and retail industry face intentional late payment in the Netherlands. Moreover, adoption of debt collection software has increased in these sectors, as they are well-protected against poor payment performance and use debt collection software as precautions. quote

Pankaj Lanjudkar
Research Analyst, ICT at AMR

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a recent report published by Allied Market Research, titled, Europe debt collection software market by Component, Deployment type: Global Opportunity Analysis and Industry Forecast, 2018-2025, the Europe debt collection software market was valued at $794 million in 2016, and is projected to reach at $1,784 million by 2025, growing at a CAGR of 9.6% from 2018 to 2025.

Rising need to control, manage, and automate all debt collection & recovery processes, need to reduce bad debt and improve the cash flow while optimizing collection costs, and rise in omni-channel collection efforts majorly contribute towards the growth of the market. However, high implementation and integration cost and difficulty to track and reconcile accounts hamper Europe debt collection software market growth.

Based on component, service segment dominated the market in 2016, and is expected to continue this trend during the forecast period. Also, the segment is expected to grow at the highest CAGR during the forecast period, owing to surge in demand for software-as-a-service model, owing to adoption of cloud based technologies to minimize the investments cost and increase the scalability

On the basis of deployment type, the Europe debt collection software market was led by on-premise in 2016, owing to better maintenance of servers and continuous system security checks facilitate the implementation of on-premise security solutions. However, the Cloud based debt collection software is expected to witness the highest growth, owing to its increasing adoption among large enterprises and SMEs to reduce infrastructure investment.

Key Findings of the Europe Debt Collection Software Market:

  • By component, service segment is expected to exhibit significant growth in the Europe debt collection software market during the forecast period.
  • In 2016, the UK accounted for the highest revenue among the other countries.
  • Based on deployment type, the on-premise segment generated the highest revenue in 2016.

Some of the key market players profiled in the report include Concent AS, Codix S.A., Advantage Software Factory, EXUS, Altitude Software Solutions, QUALCO, Atradius Collections, Experian Information Solutions, Inc., Scorto, Inc., Aptic, Ferber-Software GmbH, Onguard, TIETO, and BS Software GmbH.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Abhinav Rautela
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
mediacommunications@alliedanalytics.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote Europe Debt Collection Software Market by Component (Software and Services) and Deployment Type (Cloud and On-premise) - Global Opportunity Analysis and Industry Forecast, 2018-2025 quote

View Report
 
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Europe Debt Collection Software Market"
Purchase Enquiry