PORTLAND, Feb. 25, 2020 (GLOBE NEWSWIRE) -- According to the report, the global trade finance market was estimated at $39.71 billion in 2018, and is expected to reach $56.06 billion by 2026, growing at a CAGR of 3.79% from 2019 to 2026. The report offers an in-depth analysis of the top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, top investment pockets, and wavering market trends.
Download Sample Report: https://www.alliedmarketresearch.com/request-sample/4332
Rise in technological advancements, increased competition and new trade contracts, and development in the field of global trade finance are the major factors propelling the growth of the global trade finance market. On the other hand, lack of focus on SMEs, and surge in trade wars curtail down the growth to some extent. Nevertheless, improvement in the technological sphere is expected to usher in new opportunities in the industry
The export and agency finance segment generated the largest share in 2018-
Based on product type, the export and agency finance segment accounted for nearly four-fifths of the total market share in 2018, and is projected to retain its dominance during the study period. At the same time, the supply chain finance segment is anticipated to manifest the highest CAGR of 3.81% throughout the forecast period,
The banks segment to retain the lion’s share by 2026-
Based on service providers, the banks segment contributed to 91% of the total marker revenue in 2018, and is expected to lead the trail by 2026. The same segment would also cite the fastest CAGR of 3.83% during 2019–2026.
LAMEA to rule the roost-
Based on region, LAMEA held the highest market share in 2018, generating more than two-fifths of the total market, and is predicted to retain its top share during the estimated period. Nevertheless, the region across Europe would showcase the fastest CAGR of 3.95% till 2026. The other two regions analyzed through the market report include North America and Asia-Pacific.
Enquire For Discount: https://www.alliedmarketresearch.com/purchase-enquiry/4332
Frontrunners in the industry-
The key players analyzed in the report include Bank of America, BNP Paribas, Standard Chartered Bank, Mitsubishi UFJ Financial Group, Inc., Citigroup Inc., Royal Bank of Scotland, Euler Hermes, HSBC Holdings plc, Asian Development Bank (ADB), and JPMorgan Chase & Co. These players have incorporated a number of exclusive strategies including expansions, mergers & acquisitions, partnerships, joint ventures, collaborations, and others to retain their strong hold in the market.
Access Avenue (Premium on-demand, subscription-based pricing model) @ https://www.alliedmarketresearch.com/Avenue-Membership-details
Avenue, a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.
Related Studies:
Personal Finance Software Market - Global Opportunity Analysis and Industry Forecasts, 2019-2026
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.