openPR Logo
Press release

Debt Collection Software Market Size to Hit US$ 10.1 Billion at 9.4% CAGR by 2032 | IMARC Group

12-08-2023 05:56 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Debt Collection Software Market Size to Hit US$ 10.1 Billion

IMARC Group's report titled "๐ƒ๐ž๐›๐ญ ๐‚๐จ๐ฅ๐ฅ๐ž๐œ๐ญ๐ข๐จ๐ง ๐’๐จ๐Ÿ๐ญ๐ฐ๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ฒ ๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ (๐’๐จ๐Ÿ๐ญ๐ฐ๐š๐ซ๐ž, ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ), ๐ƒ๐ž๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐ž๐ง๐ญ ๐Œ๐จ๐๐ž (๐Ž๐ง-๐ฉ๐ซ๐ž๐ฆ๐ข๐ฌ๐ž๐ฌ, ๐‚๐ฅ๐จ๐ฎ๐-๐›๐š๐ฌ๐ž๐), ๐Ž๐ซ๐ ๐š๐ง๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐’๐ข๐ณ๐ž (๐’๐ฆ๐š๐ฅ๐ฅ ๐š๐ง๐ ๐Œ๐ž๐๐ข๐ฎ๐ฆ ๐„๐ง๐ญ๐ž๐ซ๐ฉ๐ซ๐ข๐ฌ๐ž๐ฌ, ๐‹๐š๐ซ๐ ๐ž ๐„๐ง๐ญ๐ž๐ซ๐ฉ๐ซ๐ข๐ฌ๐ž๐ฌ), ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ (๐…๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐ˆ๐ง๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ, ๐‚๐จ๐ฅ๐ฅ๐ž๐œ๐ญ๐ข๐จ๐ง ๐€๐ ๐ž๐ง๐œ๐ข๐ž๐ฌ, ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž, ๐†๐จ๐ฏ๐ž๐ซ๐ง๐ฆ๐ž๐ง๐ญ, ๐“๐ž๐ฅ๐ž๐œ๐จ๐ฆ ๐š๐ง๐ ๐”๐ญ๐ข๐ฅ๐ข๐ญ๐ข๐ž๐ฌ, ๐š๐ง๐ ๐Ž๐ญ๐ก๐ž๐ซ๐ฌ), ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ". The global debt collection softwareย market size reached US$ 4.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.1 Billion by 2032, exhibiting a growth rate (CAGR) of 9.4%ย during 2024-2032.

๐…๐จ๐ซ ๐š๐ง ๐ข๐ง-๐๐ž๐ฉ๐ญ๐ก ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐ฒ๐จ๐ฎ ๐œ๐š๐ง ๐ซ๐ž๐Ÿ๐ž๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/debt-collection-software-market/requestsample

๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐€๐Ÿ๐Ÿ๐ž๐œ๐ญ๐ข๐ง๐  ๐ญ๐ก๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐ญ๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐ƒ๐ž๐›๐ญ ๐‚๐จ๐ฅ๐ฅ๐ž๐œ๐ญ๐ข๐จ๐ง ๐’๐จ๐Ÿ๐ญ๐ฐ๐š๐ซ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ข๐ง๐  ๐๐ž๐›๐ญ ๐ฏ๐จ๐ฅ๐ฎ๐ฆ๐ž๐ฌ:

The increasing volume of consumer and business debt globally is a significant driver for the debt collection software market. As more individuals and organizations incur debts, the need for efficient debt collection methods becomes essential. Debt collection software provides the tools and automation necessary to streamline the debt recovery process, enabling agencies and organizations to manage and recover debts more effectively. The rise in debt levels across various sectors fuels the demand for these software solutions, making it a prominent driving factor.

๐€๐ฎ๐ญ๐จ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐Ž๐ฉ๐ž๐ซ๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐„๐Ÿ๐Ÿ๐ข๐œ๐ข๐ž๐ง๐œ๐ฒ:

Debt collection software plays a pivotal role in automating routine debt collection tasks, such as payment reminders, follow-ups, and reporting. This automation enhances operational efficiency and reduces human errors. As organizations seek cost-effective and streamlined debt collection processes, they increasingly turn to software solutions that can handle these tasks efficiently. As a result, the escalating demand for automation and improved efficiency is a driving force behind the adoption of debt collection software across various industries worldwide.

๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ:

The incorporation of emerging technologies such as artificial intelligence (AI), machine learning, and chatbots into debt collection software is driving its evolution. AI-driven algorithms can improve decision-making by identifying patterns and predicting debtor behavior. Chatbots enable personalized and automated communication with debtors, increasing the likelihood of successful debt collection. As technology continues to advance, debt collection agencies and organizations look for software solutions that can harness these innovations to enhance their debt recovery processes. Therefore, technological advancements are a significant factor propelling the market forward, as it continually adapts to meet the changing needs of the industry.

๐‹๐ž๐š๐๐ข๐ง๐  ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐Ž๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐ƒ๐ž๐›๐ญ ๐‚๐จ๐ฅ๐ฅ๐ž๐œ๐ญ๐ข๐จ๐ง ๐’๐จ๐Ÿ๐ญ๐ฐ๐š๐ซ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

AgreeYa.com
Chetu Inc.
Debtrak
EbixCash Financial Technologies
Experian Information Solutions Inc
Fair Isaac Corporation
Katabat Corporation (Ontario System)
Nucleus Software Exports Ltd.
Pegasystems Inc.
Seikosoft
TietoEVRY
TransUnion LLC

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐ญ๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐œ๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ: https://www.imarcgroup.com/debt-collection-software-market

๐†๐ฅ๐จ๐›๐š๐ฅ ๐ƒ๐ž๐›๐ญ ๐‚๐จ๐ฅ๐ฅ๐ž๐œ๐ญ๐ข๐จ๐ง ๐’๐จ๐Ÿ๐ญ๐ฐ๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ:

Software
Services

Software dominates the market as it provides the necessary infrastructure and functionalities to effectively manage and streamline debt collection processes.ย 

๐๐ฒ ๐ƒ๐ž๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐ž๐ง๐ญ ๐Œ๐จ๐๐ž:

On-premises
Cloud-based

On-premises hold the largest market share due to the inherent security and control advantages offered by these solutions compared to cloud-based software.

๐๐ฒ ๐Ž๐ซ๐ ๐š๐ง๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐’๐ข๐ณ๐ž:

Small and Medium Enterprises
Large Enterprises

Large enterprises hold the largest share of the market as they require robust and secure platforms to handle and maintain their extensive financial data.

๐๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ:

Financial Institutions
Collection Agencies
Healthcare
Government
Telecom and Utilities
Others

Financial institutions hold the largest share of the market due to significant customer database and their need to manage debtors and defaulters efficiently.

๐๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

North America represents the largest market due to the growing adoption of advanced technologies.

๐†๐ฅ๐จ๐›๐š๐ฅ ๐ƒ๐ž๐›๐ญ ๐‚๐จ๐ฅ๐ฅ๐ž๐œ๐ญ๐ข๐จ๐ง ๐’๐จ๐Ÿ๐ญ๐ฐ๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The debt collection industry is undergoing a digital transformation. Debt collection software is increasingly shifting to cloud-based solutions, enabling remote access, scalability, and easier integration with other systems. This trend has gained momentum, especially with the rise of remote work and the need for flexibility. Besides, AI and machine learning are being integrated into debt collection software to enhance decision-making and automate repetitive tasks. Predictive analytics are used to assess the likelihood of debt repayment, allowing collection agencies to prioritize their efforts more effectively.

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐Ž๐ญ๐ก๐ž๐ซ ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐ˆ๐Œ๐€๐‘๐‚ ๐†๐ซ๐จ๐ฎ๐ฉ

๐Ž๐“๐ ๐‡๐š๐ซ๐๐ฐ๐š๐ซ๐ž ๐€๐ฎ๐ญ๐ก๐ž๐ง๐ญ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/otp-hardware-authentication-market

๐…๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐…๐ซ๐š๐ฎ๐ ๐ƒ๐ž๐ญ๐ž๐œ๐ญ๐ข๐จ๐ง ๐’๐จ๐Ÿ๐ญ๐ฐ๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/financial-fraud-detection-software-market

๐’๐š๐ญ๐ž๐ฅ๐ฅ๐ข๐ญ๐ž ๐ƒ๐š๐ญ๐š ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/satellite-data-service-market

๐–๐ข๐ซ๐ž๐ฅ๐ž๐ฌ๐ฌ ๐๐จ๐ฌ ๐“๐ž๐ซ๐ฆ๐ข๐ง๐š๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/wireless-pos-terminals-market

๐“๐ž๐ฅ๐ž๐œ๐จ๐ฆ ๐€๐ง๐š๐ฅ๐ฒ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/telecom-analytics-market

๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐๐ซ๐จ๐œ๐ž๐ฌ๐ฌ ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/business-process-management-market

๐Ÿ‘๐ ๐Œ๐ž๐ญ๐ซ๐จ๐ฅ๐จ๐ ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/3d-metrology-market

๐•๐ž๐ซ๐ฌ๐ข๐จ๐ง ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/version-control-systems-market

๐€๐Ÿ๐Ÿ๐ž๐œ๐ญ๐ข๐ฏ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฎ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/affective-computing-market

๐“๐š๐  ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/tag-management-system-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

IMARC Group

Email:ย sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA

Follow us on Twitter: @imarcglobal

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

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.

IMARCs 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 companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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 Debt Collection Software Market Size to Hit US$ 10.1 Billion at 9.4% CAGR by 2032 | IMARC Group here

News-ID: 3320091 • Views: โ€ฆ

More Releases from IMARC Group

Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Report 2025-2033
10-10-2025 | Chemicals & Materials
IMARC Group
Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Repor โ€ฆ
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Lubricants Market Report by Product Type (Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission and Gear Oils, and Others), End User (Automotive, Heavy Equipment, Metallurgy and Metalworking, Power Generation, and Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as wellโ€ฆ
Bamboo Fiber Manufacturing Plant Cost 2025: Layout, Machinery, Raw Materials, and Financial Outlook
10-10-2025 | Chemicals & Materials
IMARC Group
Bamboo Fiber Manufacturing Plant Cost 2025: Layout, Machinery, Raw Materials, an โ€ฆ
Bamboo fiber is a natural, eco-friendly textile material extracted from bamboo pulp through mechanical or chemical processing. Known for its softness, breathability, and antibacterial properties, it serves as a sustainable alternative to cotton and synthetic fibers. Bamboo fiber is widely used in textiles, home furnishings, hygiene products, and industrial applications. Its natural moisture absorption and biodegradability make it highly desirable for environmentally conscious consumers and industries seeking renewable raw materialsโ€ฆ
Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Report 2025-2033
10-10-2025 | Chemicals & Materials
IMARC Group
Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Repor โ€ฆ
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Lubricants Market Report by Product Type (Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission and Gear Oils, and Others), End User (Automotive, Heavy Equipment, Metallurgy and Metalworking, Power Generation, and Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as wellโ€ฆ
Indonesia Coal Market Size, Share, Growth Insights, Trends Analysis & Report 2025-2033
10-10-2025 | Chemicals & Materials
IMARC Group
Indonesia Coal Market Size, Share, Growth Insights, Trends Analysis & Report 202 โ€ฆ
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Coal Market Report by Application (Electricity, Iron and Steel Industry, Others), Region (Java, Sumatra, Kalimantan, Sulawesi, Others) 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market. Market Size & Future Growth Potential: The Indonesia coal market size reachedโ€ฆ

All 5 Releases


More Releases for Debt

09-09-2021 | IT, New Media & Software
The Insight Partners
Debt Settlement Solution Market Impressive Growth 2021-2028 | National Debt Reli โ€ฆ
The Insight Partners announces the research on Global Debt Settlement Solution Market [Report Page Link as it covers the key boundaries Required for your Research Need. This Global Debt Settlement Solution Market Report covers worldwide, local, and nation level market size, pieces of the overall industry, ongoing pattern, the effect of covid19 on worldwide Market Research Report Investigations Research Methodology review comprises of Secondary Research, Primary Research, Company Share Analysis,โ€ฆ
05-02-2019 | Business, Economy, Finances, B โ€ฆ
Reportsweb
Debt Settlement Market Emerging Growth Analysis, Demand and Business Opportuniti โ€ฆ
Debt settlement is the process of negotiating with creditors to reduce overall debts in exchange for a lump sum payment. A successful settlement occurs when the creditor agrees to forgive a percentage of total account balance. Normally, only unsecured debts not secured by real assets like homes or autos can be settled. Debt Settlement Market report studies the Debt Settlement market. Debt settlement is an approach to debt reduction inโ€ฆ
04-29-2019 | Business, Economy, Finances, B โ€ฆ
ReportsWeb
Debt Settlement Market Emerging Growth Analysis, Demand and Business Opportuniti โ€ฆ
Debt settlement is the process of negotiating with creditors to reduce overall debts in exchange for a lump sum payment. A successful settlement occurs when the creditor agrees to forgive a percentage of total account balance. Normally, only unsecured debts not secured by real assets like homes or autos can be settled. Debt Settlement Market report studies the Debt Settlement market. Debt settlement is an approach to debt reduction inโ€ฆ
02-06-2019 | Business, Economy, Finances, B โ€ฆ
Orbis Research
Debt Settlement Market 2019 By Freedom Debt Relief National Debt Relief Rescue O โ€ฆ
This report studies the Debt Settlement market. Debt settlement is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full. Request a Sample of this Report @ https://www.orbisresearch.com/contacts/request-sample/2575396 โ€ฆ
10-24-2018 | Business, Economy, Finances, B โ€ฆ
Orbis Research
Debt Settlement Market 2018-National Debt Relief, Freedom Debt Relief, New Era D โ€ฆ
The report on Debt Settlement, documents a detailed study of different aspects of the โ€˜Debt Settlementโ€™ market. It shows the steady growth in market in spite of the fluctuations and changing market trends. In the past four years the โ€˜Debt Settlementโ€™ market has grown to a booming value of $xxx million and is expected to grow more. Request a Sample of this Report@ http://www.orbisresearch.com/contacts/request-sample/2335800 Every market intelligence report is based on certainโ€ฆ
10-22-2018 | Business, Economy, Finances, B โ€ฆ
Orian Research
Debt Settlement Market 2018 | Global Demand, Top Companies Analysis- National De โ€ฆ
Global Debt Settlement Market Research Report 2018 is a professional and in-depth study on the current state of the global Debt Settlement industry with a focus on the regional market, analysis of industry share, growth factors, development trends, size, majors manufacturers and 2025 forecast. The report also analyze innovative business strategies, value added factors and business opportunities. The Debt Settlement report introduces market revenue, product & services, latest developments andโ€ฆ