Trade Finance Market Size Growth Trends Share and Analysis Report 2021 2026

According to the latest report by IMARC Group, titled “Trade Finance Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026,” the global trade finance market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 3.7% during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request Free Report Sample: https://www.imarcgroup.com/trade-finance-market/requestsample

Trade finance, or export finance, refers to different financial products used by organizations to manage international commerce and trade. It is mainly utilized by banks, export credit agencies, exporters and importers, trade finance companies, etc. Trade finance streamlines cash flow and enables protection against the risks of international trade, including instances of non-payment, political instability, currency fluctuations, etc.

The increasing number of international trade activities represents one of the primary factors driving the trade finance market. Moreover, the growing integration of several advanced technologies, such as artificial intelligence (AI), blockchain, the Internet of Things (IoT), etc., with trade finance solutions is further propelling the global market growth. These technologies allow organizations to use natural language processing (NLP), chatbots, predictive analysis, etc., to recognize market patterns, resolve concerns, and take appropriate measures. Additionally, there is an escalating utilization of electronic systems, such as optical character recognition (OCR) and quick response (QR) codes, which enhance the digitalization of trade financing operations and simplify the manual process of document identification. Besides this, rising investments in the banking, financial services, and insurance (BFSI) sector are projected to provide further impetus to the trade finance market over the forecasted period.

Trade Finance Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the trade finance market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

Asian Development Bank
Banco Santander SA (NYSE: SAN)
Bank of America Corp.
BNP Paribas SA (OTCMKTS: BNPQY)
Citigroup Inc. (NYSE: C)
Crédit Agricole Group (OTCMKTS: CRARY)
Euler Hermes
Goldman Sachs Group Inc. (NYSE: GS)
HSBC Holdings Plc (NYSE: HSBC)
JPMorgan Chase & Co. (NYSE: JPM)
Mitsubishi Ufj Financial Group Inc. (NYSE: MUFG)
Morgan Stanley (NYSE: MS)
Royal Bank of Scotland (NYSE: NWG)
Standard Chartered Bank (OTCMKTS: SCBFY)
Wells Fargo & Co. (NYSE: WFC)

Key Market Segmentation:

The report has segmented the trade finance market on the basis of finance type, Offering, service provider, end-user and region.

Breakup by Finance Type:

Structured Trade Finance
Supply Chain Finance
Traditional Trade Finance

Breakup by Offering:

Letters of Credit
Bill of Lading
Export Factoring
Insurance
Others

Breakup by Service Provider:

Banks
Trade Finance Houses

Breakup by End-User:

Small and Medium Sized Enterprises (SMEs)
Large Enterprises

Breakup by Region:

North America
Asia Pacific
Europe
Latin America
Middle East and Africa

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/trade-finance-market

Key highlights of the report:

Market Performance (2015-2020)
Market Outlook (2021-2026)
Industry Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse Related Reports:

North America Telecom Power Systems Market Share: Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026

Thin-Film Battery Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026

Satellite Transponder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Global Telecom Power Systems Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

North America Home Automation Systems Market Share: Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800