Press release
U.S. Factoring Services Market Estimated to Grow at 9.1% CAGR by 2031
US Factoring Services Market
The U.S. factoring services market is poised for robust growth, projected to increase from US$325.1 billion in 2024 to US$598.1 billion by 2031, representing a CAGR of 9.1% during the forecast period. Factoring services, which involve the sale of accounts receivable to third-party financial institutions for immediate liquidity, have become increasingly essential for businesses seeking efficient cash flow management. The market is witnessing accelerated adoption due to technological advancements like Artificial Intelligence (AI), Machine Learning (ML), Natural Language Processing (NLP), and blockchain, which streamline operations, reduce credit risks, and optimize portfolio management.
Among factoring types, domestic factoring services dominate the market, capturing a substantial 68% share in 2024, driven by strong demand from local SMEs. In terms of enterprise size, the small and medium-sized enterprise (SME) segment holds a leading position with 58% market share, as these businesses actively seek flexible financing solutions to sustain operations and fuel growth. Geographically, North America remains the largest market, supported by a sophisticated fintech ecosystem, favorable regulatory frameworks, and significant adoption of advanced technologies across the financial sector.
Elevate your business strategy with comprehensive market data. Request a sample report now: https://www.persistencemarketresearch.com/samples/34770
Key Highlights from the Report
Increased adoption of fintech solutions caters to the growth of the US factoring services market.
The U.S factoring services market to exhibit a steady growth rate of 9.1% over the forecast period.
Based on factoring type, domestic factoring services account for a significant market share of 68% in 2024.
The increasing utilization of blockchain technology boosts revenue generation in the U.S factoring services market.
Based on enterprise size, the SME segment obtains 58% market share in 2024.
Growing number of SMEs seeking flexible financing options remains a key driver for market growth.
Market Segmentation
The U.S. factoring services market is segmented primarily by factoring type, enterprise size, and end-user industry. Under factoring type, domestic factoring services lead due to heightened demand for localized receivable financing, while international factoring is gaining traction with cross-border trade expansion. By enterprise size, SMEs dominate the market, leveraging factoring solutions to overcome traditional bank lending limitations, whereas large enterprises focus on integrated fintech solutions for accounts receivable management.
In terms of end-user industries, the market caters to a broad spectrum including manufacturing, logistics, healthcare, retail, and IT services. Manufacturing and logistics sectors represent the largest end-user segments, given their high volume of receivables and need for rapid liquidity. Additionally, emerging sectors like e-commerce and fintech startups are increasingly adopting factoring solutions, creating opportunities for service providers to offer customized, technology-driven solutions.
Read More: https://www.persistencemarketresearch.com/market-research/us-factoring-services-market.asp
Regional Insights
North America remains the frontrunner in the U.S. factoring services market, driven by technological infrastructure, robust SME growth, and regulatory support encouraging alternative financing models. The United States dominates this regional landscape due to high fintech adoption, presence of major factoring service providers, and a strong corporate finance ecosystem.
Other regions, including Latin America and Asia-Pacific, exhibit gradual adoption trends, primarily for cross-border factoring and trade finance. However, these regions are expected to witness accelerated growth as global trade expands, and blockchain and AI-based solutions become more accessible.
Market Drivers, Restraints, and Opportunities
The U.S. factoring services market is fueled by the increasing need for working capital among SMEs and the growing adoption of digital financing platforms. Businesses are turning to factoring services as a reliable alternative to traditional credit channels, allowing them to maintain smooth cash flow, reduce operational risks, and optimize financial performance.
However, the market faces certain restraints, including regulatory compliance challenges and the risk of fraud in factoring transactions. Additionally, fluctuating economic conditions and interest rate variations may impact the demand for factoring services, particularly for smaller enterprises that are highly sensitive to financing costs.
Opportunities in the market are abundant due to AI and blockchain integration, which enhances credit assessment, automates transaction processing, and improves transparency. Fintech partnerships and customized digital platforms present further growth potential, enabling factoring service providers to expand their client base and offer innovative financing models tailored to evolving business needs.
Reasons to Buy the Report
✔ Comprehensive analysis of market size, growth trends, and key drivers in the U.S factoring services sector.
✔ Detailed segmentation by factoring type, enterprise size, and end-user industry for strategic insights.
✔ In-depth coverage of technological advancements such as AI, ML, NLP, and blockchain shaping market dynamics.
✔ Regional insights highlighting growth patterns, opportunities, and emerging trends in North America and beyond.
✔ Identification of key players, competitive landscape, and recent developments to inform business strategies.
Do You Have Any Query Or Specific Requirement? Request Customization of Report: https://www.persistencemarketresearch.com/request-customization/34770
Frequently Asked Questions (FAQs)
How Big is the U.S Factoring Services Market?
Who are the Key Players in the U.S Factoring Services Market?
What is the Projected Growth Rate of the U.S Factoring Services Market?
What is the Market Forecast for 2032?
Which Region is Estimated to Dominate the U.S Factoring Services Market through the Forecast Period?
Company Insights
Key Players Operating in the Market:
Bibby Financial Services
Wells Fargo
BlueVine
CIT Group
Riviera Finance
Paragon Financial Group
TCI Business Capital
Triumph Business Capital
Recent Developments:
In 2024, BlueVine launched an AI-driven factoring platform to streamline SME cash flow management and reduce processing time by 40%.
CIT Group announced a strategic partnership with blockchain fintech firms to enhance transparency and security in domestic and international factoring services.
The U.S. factoring services market is on a strong growth trajectory, driven by SME financing needs, technology adoption, and expanding digital platforms. With AI, blockchain, and fintech integration, the market is positioned to reach nearly US$600 billion by 2031, offering lucrative opportunities for service providers and investors alike.
Related Reports:
Nand Flash Market https://www.persistencemarketresearch.com/market-research/nand-flash-market.asp
Metadata Management Tools Market https://www.persistencemarketresearch.com/market-research/metadata-management-tools-market.asp
Secure Web Gateway Market https://www.persistencemarketresearch.com/market-research/secure-web-gateways-market.asp
Data Management Solutions Market https://www.persistencemarketresearch.com/market-research/data-management-solutions-market.asp
Master Data Management Market https://www.persistencemarketresearch.com/market-research/master-data-management-market.asp
About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
Contact Us:
Persistence Market Research
G04 Golden Mile House, Clayponds Lane
Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com
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 U.S. Factoring Services Market Estimated to Grow at 9.1% CAGR by 2031 here
News-ID: 4199989 • Views: …
More Releases from Persistence Market Research
Crypto Asset Management Industry Forecasted to Grow at 22.4% CAGR, Surpassing US …
The crypto asset management market is experiencing rapid growth, driven by the rising adoption of digital assets and the increasing need for secure, efficient, and optimized investment strategies. The market is projected to grow from US$1.1 billion in 2024 to US$2.28 billion by 2031, recording a CAGR of 22.4% during the forecast period. The increasing use of advanced technologies like artificial intelligence (AI) and machine learning (ML) has revolutionized portfolio…
Multi-Vendor Support Services Market Estimated to Grow at 3.2% CAGR by 2031
Overview of the Market
The multi-vendor support services market has witnessed steady growth over the past few years, driven by the increasing complexity of IT infrastructures in enterprises globally. Businesses today rely on multiple hardware and software vendors, creating the need for a consolidated support system that ensures seamless operations. With the rising adoption of hybrid IT environments and multi-cloud strategies, enterprises are increasingly outsourcing their support services to specialized multi-vendor…
Neuromorphic Computing Industry Forecasted to Grow at 20.9% CAGR, Surpassing USD …
The global neuromorphic computing market is poised for significant growth, increasing from US$ 5.4 billion in 2024 to an estimated US$ 20.4 billion by 2031, reflecting a robust CAGR of 20.9% during the forecast period. Neuromorphic computing mimics the human brain's neural architecture, offering unprecedented efficiency in processing complex data patterns, which is transforming artificial intelligence applications. The market is primarily driven by the rising demand for low-power AI solutions,…
Anime Merchandising Market to Reach USD 9,786.2 Million by 2025, Registering a 9 …
Overview of the Market
The global anime merchandising market is projected to be valued at US$ 9,786.2 million in 2025 and is expected to reach US$ 18,162.7 million by 2032, growing at a CAGR of 9.2% during the forecast period. The market growth is primarily fueled by the ever-increasing global popularity of anime content and the deep emotional connection fans maintain with their favorite characters. Anime enthusiasts actively seek merchandise, ranging…
More Releases for Services
Managed Services by Ensure Services
Ensure Services is a leading managed services provider offering comprehensive IT support and solutions designed to streamline operations, improve efficiency, and reduce operational costs for businesses of all sizes. Our managed services are tailored to meet the unique needs of your organization, ensuring you can focus on your core business while we handle your IT infrastructure.
With years of experience and a team of certified professionals, we deliver proactive monitoring, ongoing…
Electrical Services Market Next Big Thing | Major Giants SSI Electrical Services …
A new business intelligence report released by AMA with title "Electrical Services Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Electrical Services Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and…
North & South America Commercial Services Market 2022 (Employment Services, Offi …
The Business Research Company’s Commercial Services Global Market Report 2019 covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. Ratios of market size and growth to related markets, GDP proportions, and expenditure per capita for the market is detailed in the report. Data and analysis throughout the…
AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & …
Kunal Repair & Services is growing on-demand home services platform in India and we are currently operating in Gurgaon. We offer an array of services which include AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & Repair, R.O Services & Repair, Microwave Services & Repair, Geyser Services & Repair. Our operating philosophy for solving this massive problem is - Right price.
To know why we do what we…
Electrical Services Market Technology and Outlook 2023 Top Companies are Allianc …
A report added to the rich database of Qurate Business Intelligence, titled “Global Electrical Services Market Size, Status and Forecast 2023”, provides a 360-degree overview of the worldwide market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the data reliable in context…
Electrical Services Market Size 2018: Alliance Electrical Services, Housejoy, Te …
In 2017, the global Electrical Services market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.
This report focuses on the global Electrical Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Electrical Services development in United States, Europe and China.
Get Sample Copy of this report @ http://www.orbisresearch.com/contacts/request-sample/2311492…
