openPR Logo
Press release

Europe: Debt Collection Software Market Professional Survey Report 2025 Profiling key Players like Concent AS, Codix S.A., Advantage Software Factory, EXUS, Altitude Software Solutions, QUALCO, Atradius Collections, Experian Information Solutions, Scorto,

09-12-2019 08:48 AM CET | IT, New Media & Software

Press release from: Premium Market Insights

Europe: Debt Collection Software Market - Premium Market Insights

Europe: Debt Collection Software Market - Premium Market Insights

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.

The debt collection software is a user-friendly solution for automating debt management processes. This software segments debtors according to their level of insolvency to differentiate collection processes and improvise recovery rates. It facilitates users with productive features such as compliance management, contact management, credit bureau reporting, automated notices, in-house collections, payment plans, transaction management, and others.

Download a sample report Explore further at https://www.premiummarketinsights.com/sample/AMR00013930

Factors such as an increase in need to control, manage, and automate all debt collection and recovery processes, rise in need to reduce bad debt and improve the cash flow while optimizing collection costs, and surge in demand for omni-channel collection efforts propels Europe debt collection software market growth. Moreover, the need for solutions, which provide wide range of functionality and flexibility related to debt recoveries with a short implementation time and more effective prioritization of debts to be collected drives the growth of this market. However, difficulty in implementation & integration of debt collection software and difficulty in tracking & reconciling the accounts system impede the market growth. On the contrary, increased demand for mobile applications and introduction of analytics in debt collection software are expected to create lucrative opportunities for the global debt collection software market.

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.

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."

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 the software-as-a-service model, owing to adoption of cloud-based technologies to minimize the investment's 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, the 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 the deployment type, the on-premise segment generated the highest revenue in 2016.

We also can offer a customized report to fulfill the special requirements of our clients.

Place Direct Purchase Order for Complete Report at https://www.premiummarketinsights.com/buy/AMR00013930

Contact Info:
Name: Sameer Joshi
Email: sales@premiummarketinsights.com
Organization: Premium Market Insights
Phone: +1-646-491-9876

About Premium Market Insights:
Premium Market Insights is a one-stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Europe: Debt Collection Software Market Professional Survey Report 2025 Profiling key Players like Concent AS, Codix S.A., Advantage Software Factory, EXUS, Altitude Software Solutions, QUALCO, Atradius Collections, Experian Information Solutions, Scorto, here

News-ID: 1832423 • Views: 262

More Releases from Premium Market Insights

Pressure Vessel Market 2023 Segmented By Application, Construction Type And Regi …
The Pressure Vessel Market for alternative fuels was valued at $3,038 million in 2016, and is expected to reach at $8,529 million by 2023, growing at a CAGR of 16.6% from 2017 to 2023. CNG pressure vessels are widely used for storage and transportation of liquids and gases when configured as tanks. These vessels are generally manufactured from curved sheets joined by welding, and mostly V-butt welded pressure vessels are
Blockchain in Transportation and Logistics Market, Trends, Analysis, Opportuniti …
Blockchain in Transportation and Logistics Market Access Sample Report @ https://bit.ly/2R6Dff2 Leading Players in the Blockchain in Transportation and Logistics Market: Accenture, Amazon Web Services, IBM Corporation, Microsoft Corporation, Oracle Corporation, PROVENANCE, SAP SE, ShipChain, Tata Consultancy Service, TradeLens The Blockchain in Transportation and Logistics market analysis is intended to provide all participants and vendors with pertinent specifics about growth aspects, roadblocks, threats, and lucrative business opportunities that the market is anticipated
Forensic Technology Market 2023 To Witness Excellent Long-Term Growth Outlook
Forensic technology is widely used in the court of law with an objective to investigate crime. Increase in crime rates and higher need for solving finesse crimes using advanced technologies are expected to drive the growth of the global forensic technologies market. Moreover, rise in government initiatives such as funding to support forensic research supplements the growth of the market. However, lack of accuracy of the results obtained through the
Big Data Platform Market: Huge Growth Opportunities | Industry Trends | Market A …
Big Data Platform Market Access Sample Report @ https://bit.ly/3dPyIYh Leading Players in the Big Data Platform Market: 1010data, Cloudera, IBM, Microsoft Corporation, Oracle Corporation, Pivotal Software, SAP SE, Sisense, Teradata Corporation, Vertica Systems The Big Data Platform market analysis is intended to provide all participants and vendors with pertinent specifics about growth aspects, roadblocks, threats, and lucrative business opportunities that the market is anticipated to reveal in the coming years. This intelligence

All 5 Releases


More Releases for Europe

Synthetic Biology Market – Europe
Synthetic Biology Market Europe is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). Synthetic biology has expanded into various interdisciplinary fields that may be defined as the combination of artificial design and engineering to produce biological systems, chemicals or living organisms. Synthetic biology is also used for improving applications
Europe Wooden Doors Market
Europe Wooden Doors Market https://www.qandqmarketresearch.com/reports/wooden-doors-market-78 This report studies the Wooden Doorsmarket status and outlook of Europe and major countries, from angles of players, countries, product types and end industries; this report analyzes the top players in Europe and major countries, and splits the Wooden Doors market by product type and applications/end industries. The global Wooden Doors market is valued at XX million USD in 2018 and is expected to reach XX million
Europe Radiotherapy Market
The Europe Radiotherapy Market research report consists of a primary and secondary research along with an in-depth analysis of the quantitative and qualitative aspects by the expert industry analysts and professionals, leading management bodies, to gain a profound insight of the industry as well as the industry performance. The Europe Radiotherapy Market report presents a lucid picture of the current industry landscape, including the historical and projected market size, based
Europe Business Assembly
The Europe Business Assembly (EBA) is an international corporation for the evolution and implementation of economic and social development. The company was established in April 2000 and its history shows a plethora of promising initiatives, creative growth and professional victories. EBA’s activity demonstrates the capabilities and power of professional partnership. The year 2000 saw the beginning and the foundation of EBA with the signing of the memorandum of cooperation and
Smartsourcing in Eastern Europe
In 2008 the outsourcing business of Eastern Europe was estimated at nearly $2 billion, representing just a tiny fraction of the global IT outsourcing market, estimated at about $386 billion. According to the Gartner Dataquest predictions, in the next four years Eastern Europe is expected to outstrip the rest of the offshore market concentrated mainly in the “classical” locations like India. By 2010 Eastern Europe’s IT outsourcing market share is
Home Control conquers Europe
European Home Control Summit attracts participation from leading International companies and organizations 29. February 2008 - Copenhagen/Frankfurt - The first European Wireless Home Control Summit on 9 April 2008, taking place parallel to Light + Building, features leading companies such as Merten, Horstmann, Danfoss, and market researcher Parks Associates as well as publicly funded organizations like the Danish Energy Saving Trust (DEST) presenting the newest trends, products and market strategies pertaining