Supply Chain Finance Market Insights, Competitive Analysis, Latest Trends, And Forecast To 2033

The supply chain finance market size has grown strongly in recent years. It will grow from $6.23 billion in 2023 to $6.85 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to globalization, regulatory changes, risk mitigation needs, collaboration trends, market competition, working capital optimization.

The supply chain finance market size is expected to see strong growth in the next few years. It will grow to $9.68 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to sustainable finance, economic recovery, enhanced data analytics, regulatory adaptation, strategic partnerships. Major trends in the forecast period include technological integration, technology advancements, data analytics for risk management, digitization and technology integration, dynamic ecosystem collaboration.

Market Overview -
Supply chain finance is a collection of advanced business tools and financing processes that reduce costs and increase efficiency for all parties engaged in a transaction. It is used to provide buyers and sellers with a short-term loan that optimizes working capital.

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Increased Investment Fuels Supply Chain Finance Market Growth
Rise in investment in small and medium-sized enterprises (SMEs) for supply chain finance is expected to propel the growth of the supply chain finance market going forward. Small and medium-sized companies (SMEs) are businesses with sales, assets, or a specific number of employees that are less than a given size. Supply chain finance allows small and medium-sized enterprises (SMEs) to access larger volumes of bank credit based on the strength and volume of their trade transactions, where these credits are accessible at significantly lower interest rates to navigate working capital challenges and improve their overall financial health to ensures an uninterrupted flow of materials and services from their smallest suppliers to timely delivery of finished goods to their clients. For instance, in June 2021, European Investment Bank (EIB), a Luxembourg-based investment bank, partnered with Intesa Sanpaolo, an Italy-based leading bank. It allocated $19.39 billion (18 billion euros) fund for small and medium-sized Italian businesses to address and support the industrial supply chains and this scheme would support over 50,000 SMEs, 150 large corporates and mid-caps over the three years. Therefore, rise in investment in SMEs for supply chain finance drives the growth of the supply chain finance market.

Competitive Landscape -
Major companies operating in the supply chain finance market report are JPMorgan Chase & Co, Allianz Trade, Alibaba, Bank of America Corporation, Citigroup Inc., HSBC Holdings Plc., Mitsubishi UFJ Financial Group Inc., BNP Paribas, Oracle Corporation, SAP SE, Deutsche Bank, Royal Bank of Scotland Plc., DBS Bank, Standard Chartered Plc., Asian Development Bank, Finastra, Euler Hermes, Greensill Capital, C2FO, Tradeshift, Taulia, Demica, Vayana Network, Incomlend, PrimeRevenue

Technological Innovations Reshape Supply Chain Finance Market
Technological innovation is a key trend gaining popularity in the supply chain finance market. Major companies in the supply chain finance sector are focused on innovating their products to strengthen and sustain their position in the market. For instance, in March 2022, IBSFINtech, an India-based Treasury Tech company providing end-to-end digitization and automation solutions, launched VNDZY (Vendor Management Made Easy), which is an AI-based SaaS platform. This platform offers a connected ecosystem for corporations, suppliers, and financial institutions and addresses all supply chain ecosystem concerns and provides a mutually advantageous platform for all parties. Additionally, the technology also helps suppliers by shortening the time it takes to process payments, which helps enhance financial discipline.

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Key Segments -

The supply chain finance market covered in this report is segmented -

1) By Offering: Export And Import Bills, Letter of Credit, Performance Bonds, Shipping Guarantees, Other Offerings
2) By Provider: Banks, Trade Finance House, Other Providers
3) By Application: Domestic, International
4) By End User: Large Enterprises, Small and Medium-sized Enterprises

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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