Finance as a Service Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET INTRODUCTION
Finance as a service, also known as FaaS, is a business model where businesses outsource their financial operations such as accounting, auditing, and investment management. Business outsources their financial operations in order to focus their resources on their core competencies and to save cost. Majorly finance as a service is availed by small and medium size organizations.
MARKET DYNAMICS
The finance as a service market is experiencing significant growth owing to the increasing number of small and medium size organizations across the globe. However, stringent regulations in certain countries are hampering the growth of the market. Meanwhile, growing adoption rate of finance as a service by large organizations is expected to flourish the finance as a service market.
MARKET SCOPE
The "Finance as a Service Market Analysis to 2028" is a specialized and in-depth study of the technology, media, and telecommunication with a special focus on the global market trend analysis. The report aims to provide an overview of finance as a service market with detailed market segmentation by type, organization size, end users, and geography. The global finance as a service market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading finance as a service market players and offers key trends and opportunities in the finance as a service market.
MARKET SEGMENTATION
The global finance as a service market is segmented on the basis of type, organization size, and end users. Based on type, the market is segmented into accounting, auditing, and others. On the basis of organization size, the market is segmented as SMES and large enterprises. On the basis of end users, the market is segmented as IT and telecom, manufacturing, retail, construction, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global finance as a service market based on various segments. It also provides market size and forecast estimates from year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The finance as a service market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting finance as a service market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the finance as a service market in these regions.
IMPACT OF COVID-19 ON FINANCE AS A SERVICE MARKET
The ongoing pandemic also had a significant impact on overall international trade and businesses. The outbreak of COVID-19 has slowed down the growth of the finance as a service market owing to challenges in maintaining operational continuity, securing network data, and adapting to new traffic patterns. Organizations have actively focused on understanding the function of automation in digital transformation due to the pandemic. Moreover, enterprises also learn to measure the Return on Investment (ROI) as compared to other competing initiatives. These factors are expected to have a significant effect on the market over the coming years.
By Type
By Organization Size
By End User
MARKET PLAYERS
The reports cover key developments in the finance as a service market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from finance as a service market are anticipated to lucrative growth opportunities in the future with the rising demand for finance as a service market. Below mentioned is the list of few companies engaged in the finance as a service market.
The report also includes the profiles of key finance as a service market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
Finance as a service, also known as FaaS, is a business model where businesses outsource their financial operations such as accounting, auditing, and investment management. Business outsources their financial operations in order to focus their resources on their core competencies and to save cost. Majorly finance as a service is availed by small and medium size organizations.
MARKET DYNAMICS
The finance as a service market is experiencing significant growth owing to the increasing number of small and medium size organizations across the globe. However, stringent regulations in certain countries are hampering the growth of the market. Meanwhile, growing adoption rate of finance as a service by large organizations is expected to flourish the finance as a service market.
MARKET SCOPE
The "Finance as a Service Market Analysis to 2028" is a specialized and in-depth study of the technology, media, and telecommunication with a special focus on the global market trend analysis. The report aims to provide an overview of finance as a service market with detailed market segmentation by type, organization size, end users, and geography. The global finance as a service market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading finance as a service market players and offers key trends and opportunities in the finance as a service market.
MARKET SEGMENTATION
The global finance as a service market is segmented on the basis of type, organization size, and end users. Based on type, the market is segmented into accounting, auditing, and others. On the basis of organization size, the market is segmented as SMES and large enterprises. On the basis of end users, the market is segmented as IT and telecom, manufacturing, retail, construction, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global finance as a service market based on various segments. It also provides market size and forecast estimates from year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The finance as a service market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting finance as a service market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the finance as a service market in these regions.
IMPACT OF COVID-19 ON FINANCE AS A SERVICE MARKET
The ongoing pandemic also had a significant impact on overall international trade and businesses. The outbreak of COVID-19 has slowed down the growth of the finance as a service market owing to challenges in maintaining operational continuity, securing network data, and adapting to new traffic patterns. Organizations have actively focused on understanding the function of automation in digital transformation due to the pandemic. Moreover, enterprises also learn to measure the Return on Investment (ROI) as compared to other competing initiatives. These factors are expected to have a significant effect on the market over the coming years.
Finance as a Service Market Report Analysis
Finance as a Service Market
-
CAGR (2023 - 2031)XX% -
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Report Coverage
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Industry landscape and competition analysis & recent developments
- Detailed company profiles
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Key Players
- Deloitte Touche Tohmatsu Limited
- PwC
- Ernst and Young Global Limited
- KPMG International Limited
- BDO
- RSM International Ltd.
- Grant Thornton
- Nexia International Limited
- Baker Tilly US, LLP
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
By Type
- Accounting
- Auditing
- Others
By Organization Size
- SMEs
- Large Enterprises
By End User
- IT and Telecom
- Manufacturing
- Retail
- Construction
- Others
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
The reports cover key developments in the finance as a service market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from finance as a service market are anticipated to lucrative growth opportunities in the future with the rising demand for finance as a service market. Below mentioned is the list of few companies engaged in the finance as a service market.
The report also includes the profiles of key finance as a service market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Deloitte Touche Tohmatsu Limited
- Ernst & Young Global Limited
- PwC
- KPMG International Limited
- BDO
- RSM International Ltd.
- Grant Thornton
- Nexia International Limited
- Crowe LLP
- Baker Tilly US, LLP
- Moss Adams LLP
Finance as a Service Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
The List of Companies
1.Deloitte Touche Tohmatsu Limited
2.PwC
3.Ernst and Young Global Limited
4.KPMG International Limited
5.BDO
6.RSM International Ltd.
7.Grant Thornton
8.Nexia International Limited
9.Baker Tilly US, LLP
10.Moss Adams LLP
1.Deloitte Touche Tohmatsu Limited
2.PwC
3.Ernst and Young Global Limited
4.KPMG International Limited
5.BDO
6.RSM International Ltd.
7.Grant Thornton
8.Nexia International Limited
9.Baker Tilly US, LLP
10.Moss Adams LLP
Get Free Sample For