Global Loan Servicing Software Industry

Global Loan Servicing Software Industry

  • September 2020 •
  • 131 pages •
  • Report ID: 5957277 •
  • Format: PDF
Global Loan Servicing Software Market to Reach $2.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Loan Servicing Software estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$2.9 Billion by 2027, growing at aCAGR of 13.5% over the period 2020-2027. SaaS-based, one of the segments analyzed in the report, is projected to record 14% CAGR and reach US$1.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-premises segment is readjusted to a revised 12.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $363.3 Million, While China is Forecast to Grow at 11.3% CAGR

The Loan Servicing Software market in the U.S. is estimated at US$363.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$452.4 Million by the year 2027 trailing a CAGR of 11.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11% and 12.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.3% CAGR.We bring years of research experience to this 6th edition of our report. The 131-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • Applied Business Software, Inc. (ABS)
  • AutoPal Software
  • C-Loans, Inc.
  • Cloud Lending, Inc.
  • DownHome Solutions
  • Emphasys Software
  • FIS
  • Fiserv, Inc.
  • Grants Management Systems (GMS)
  • Graveco Software Inc.
  • IBM Corporation
  • ISGN Corporation
  • Mortgage Builder
  • NBFC Software
  • Nortridge Software
  • Oracle Corporation
  • PCFS Solutions
  • Shaw Systems Associates LLC
  • Simnang LLC
  • Sopra Banking Software SA