Debt Collection Services market

Debt Collection Services Market, Global Outlook and Forecast 2023-2029

  • 03 April 2023
  • ICT & Media
  • 118 Pages
  • Report code : PMR-7627828

  • 4.7 (158)

Debt Collection Services Market

Download FREE Report Sample

  Download Free sample

A debt collection is a type of financial account that's been sent to a third-party debt collector. Debt collectors are companies who collect unpaid debts for others. The original company with which you created the debt most likely assigned or sold the account to the collection agency after you missed several payments and it was unable to get you to pay. It's usually more cost-effective for companies to hire debt collectors than to continue to spend their own resources pursuing payment on delinquent accounts.

Debt Collection Services Market aims to provide a comprehensive presentation of the global market for Debt Collection Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Debt Collection Services. Debt Collection Services Market contains market size and forecasts of Debt Collection Services in global, including the following market information:

Global Debt Collection Services Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global top five companies in 2022 (%)

The global Debt Collection Services market was valued at US$ 31060 million in 2022 and is projected to reach US$ 37140 million by 2029, at a CAGR of 2.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Debt Collection Services are mainly classified into the following types: Early Out Debt and Bad Debt. Bad Debt is the most widely used type which takes up about 69%.

Debt Collection Services have wide range of applications, such as Healthcare, Student Loans, Financial Services, Government, Retail, Telecom & Utility, Mortgage & Others. And Healthcare was the most widely used area which took up about 30%. Follow by Financial Services, which took up 20% market share.

Encore Capital Group, EOS Group, PRA Group, Intrum, Transworld Systems Inc (TSI) are the key players in the global Debt Collection Services market. Top 5 took up nearly 18% of the global market. Those suppliers, with leading services and market position, are well-known players around the world.

North America is the largest region of Debt Collection Services in the world in the past few years and its share will be slightly decreasing in the next few years. Europe market took up about 28% the global market.

We surveyed the Debt Collection Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Debt Collection Services Market, by Type, 2018-2023, 2024-2029 ($ millions)

Global Debt Collection Services Market Segment Percentages, by Type, 2022 (%)

Early Out Debt

Bad Debt

Global Debt Collection Services Market, by Application, 2018-2023, 2024-2029 ($ millions)

Global Debt Collection Services Market Segment Percentages, by Application, 2022 (%)

Healthcare

Student Loans

Financial Services

Government

Retail

Telecom & Utility

Mortgage & Others

Global Debt Collection Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)

Global Debt Collection Services Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Debt Collection Services revenues in global market, 2018-2023 (estimated), ($ millions)

Key companies Debt Collection Services revenues share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

Experian

FIS

CGI

Transunion

CollectOne (CDS Software)

Comtronic Systems

Quantrax Corp

CollectPlus (ICCO)

Comtech Systems

Codix

Katabat

Decca Software

Codewell Software

Adtec Software

JST CollectMax

Indigo Cloud

Pamar Systems

TrioSoft

InterProse

Cogent (AgreeYa)

Kuhlekt

Lariat Software

Case Master

coeo Inkasso GmbH

Prestige Services Inc (PSI)

Atradius Collections

UNIVERSUM Group

Asta Funding

Weltman, Weinberg & Reis

Outline of Major Chapters:

Chapter 1: Introduces the definition of Debt Collection Services, market overview.

Chapter 2: Global Debt Collection Services market size in revenue.

Chapter 3: Detailed analysis of Debt Collection Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Debt Collection Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.

CHECK TODAYS BEST PRICE

BEST PRICE: $2275
Buy Full Report

Select Licence type with your requirement and needs

SECURITY ASSUREDpayment image

analyst icon
Still not found what you want?

Speak to our Custom Research Team and get the Custom Research in a budget

Custom Research


Frequently Asked Questions ?

  • A license granted to one user.

    A license granted to one user. Rules or conditions might be applied for e.g. the use of electric files (PDFs) or printings, depending on product.

  • Multi user License

    A license granted to multiple users.

  • Site License

    A license granted to a single business site/establishment.

  • Corporate License, Global License

    A license granted to all employees within organisation access to the product.

  • Upto Working 24 to 48 hrs

  • Upto 72 hrs max - Weekends and Public Holidays

  • Online Payments with PayPal and CCavenue

  • Wire Transfer/Bank Transfer

  • Email

  • Hard Copy

WHY CHOOSE US

  • Proactive We manage our resources 24/7 to identify issues and address them before they become problems
  • Quality & Reliability We are committed to providing reliable and highly accurate data with an excellent quality control system
  • Global Outreach 6 Major regions and 40+ countries level analysis accomplished
  • Competitive Pricing Our pricing strategy is highly competitive in the market, without compensating on the quality and the timeline of project delivery

SAMPLE REPORT INCLUDES
  • Industry Market SizeIndustry Market Size
  • SWOT AnalysisSWOT Analysis
  • Industry Major PlayersIndustry Major Players
  • Revenue ForecastsRevenue Forecasts
  • Historical and Forecast GrowthHistorical and Forecast Growth
  • Profitability AnalysisProfitability Analysis
SOME OF OUR CLIENTS
WHAT SET US APART?
  • quilty

    Quality Assurance

    Focus on Data Accuracy & Reliability
  • quilty

    Trusted by the Best

    75+ Clients in Fortune 500
  • quilty

    Privacy and Security

    All your transactions are secured end-to-end, ensuring a satisfactory purchase
  • quilty

    Competitive Pricing

    Ensure the best and affordable pricing
OUR HAPPY CUSTOMER Some of our customer review
Stay Updated About Debt Collection Services Market

Leave This Empty: