Financial Services Coverage

Cash Recycler Market Definition And Segments

Cash recyclers are machines that automate the process of efficiently accepting, verifying, storing, and releasing currency. These machines simplify cash-handling procedures by decreasing manual counting, increasing accuracy, strengthening security measures, and maximizing cash flow management. The main types of cash recycler are dependent cash recycling modules and embedded cash recycling modules. Independent cash recycling modules refer to standalone machines that accept and dispense cash, often used in various industries for efficient cash handling. The various applications involved are automated teller machines, self-checkout, bill payment, retail cash management, teller assistance, used in banking, financial services, insurance, retail and e-commerce, hospitality, government, media and entertainment, and other industries. The cash recycler market covered in this report is segmented – 1) By Type: Independent Cash Recycling Modules, Embedded Cash Recycling Modules 2) By Application: Automated Teller Machine, Self-Checkout, Bill Payment, Retail Cash Management, Teller Assist 3) By Industry: Banking, Financial Services, And Insurance, Retail And E-commerce, Hospitality, Government, Media And Entertainment, Other Industries The cash recycler market size has grown strongly in recent years. It will grow from $3.57 billion in 2023 to $3.76 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to cash usage patterns, customer experience, efficiency improvements, security concerns, cost reduction, regulatory compliance. The cash recycler market size is expected to see strong growth in the next few years. It will grow to $4.70 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to expansion of cash-intensive industries, increasing focus on sustainability, growing demand for self-service banking, expansion of retail banking networks, growing emphasis on cash automation. Major trends in the forecast period include AI and Machine learning, mobile integration, customization and scalability, data analytics and reporting, remote monitoring and management.

Growing Demand For Cash Recyclers Fuels Market Expansion

The growing demand for efficient cash management is expected to propel the growth of the cash recycler market going forward. Cash management refers to collecting, managing, investing, and disbursing cash within an organization to optimize its liquidity, minimize financial risk, and maximize profitability. The increasing demand for efficient cash management is driven by regulatory, technological, and competitive factors, compelling businesses to prioritize cash optimization and liquidity management to achieve their financial objectives. Cash recycling devices enhance consumer experiences by providing safe and effective cash management solutions and easily interface with digital banking systems. For instance, according to Nationwide Building Society, a UK-based financial institution, in January 2024, the total number of times ATMs were utilized for cash deposits increased by 10%, while the average deposit amount rose by 29% compared to five years ago. Furthermore, the network of over 1,200 ATMs processed over 31.4 million cash withdrawals in the previous year, marking a 4% increase from 2022. Therefore, the growing demand for cash recyclers to efficiently manage cash levels is driving the growth of the cash recycler market. Major companies operating in the cash recycler market are Fiserv Inc., Fifth Third Bank NA, NCR Corporation, The Brink's Company, Garda World Security Corporation, Diebold Nixdorf Inc., Giesecke+Devrient Currency Technology America Inc., Loomis AB, GRG Banking Equipment Co. Ltd., CPI Card Group, Gunnebo AB, Cummins Allison Corp., JCM Global, FireKing Security Group, Hitachi Payment Services Pvt. Ltd., Tidel Engineering L.P., Nautilus Hyosung America Inc., Glory Global Solutions Inc., Kisan Electronics Co. Ltd., Triton Systems of Delaware LLC, CashTech Currency Products Inc., KICTeam Inc., Cassida Corporation, Volumatic Ltd., Hyosung TNS Inc.

Advancements In Cassette-Based Recycling Solutions

Major companies operating in the cash recycler market focus on developing cassette-based recycling solutions, such as GLR-100, to boost their revenue. GLR-100 is a cassette-based recycling system, or teller cash recyclers (TCRs), that employ cassettes for storing and handling notes. For instance, in August 2022, Glory, a Japan-based cash technology solutions company, unveiled the GLR-100, a new GLR series of Teller Cash Recycler (TCR). GLR-100 is a cassette-based recycling solution with self-audit capabilities, improving branch banking economics. The latest TCRs use advanced banknote identification technology and are IoT and cloud-enabled, linking effortlessly to Glory's UBIQULARTM solutions. This integration enhances business analytics and enables remote monitoring and administration of devices across the branch network.

Sesami Cash Management Technologies Acquires ARCA

In August 2022, Sesami Cash Management Technologies, a Canada-based software company, acquired ARCA for an undisclosed amount. With this acquisition, Sesami's distinct worldwide positioning as a single real end-to-end, technologically enabled cash ecosystem service provider for banking institutions and consumer enterprises. ARCA is a US-based company that manufactures teller cash recyclers and offers cash technology solutions to banking institutions. Asia-Pacific was the largest region in the cash recycler market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cash recycler market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the cash recycler market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The cash recyclers market consists of sales of modular cash recycler systems, portable cash recyclers, high-volume cash recyclers, desktop cash recyclers, embedded cash recyclers, and standalone cash recyclers. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The cash recycler market research report is one of a series of new reports from The Business Research Company that provides cash recycler market statistics, including cash recycler industry global market size, regional shares, competitors with cash recycler market share, detailed cash recycler market segments, market trends, and opportunities, and any further data you may need to thrive in the cash recycler industry. This cash recycler market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Consumer Mobile Payment Market Definition And Segments

Consumer mobile payment refers to the process of using a mobile device, such as a smartphone or tablet, to make financial transactions, typically for goods and services. This form of payment utilizes mobile applications or built-in functionalities on the device to initiate, authorize, and complete transactions. The main types of payments are consumer mobile payments, such as remote and proximity. Remote mobile payments serve as a convenient and efficient way for consumers to engage in financial transactions remotely, offering flexibility and accessibility in a digital era. These include several kinds of technologies, including near-field communication (NFC), direct mobile billing, mobile web payment, short message services, interactive voice response systems, mobile apps, and others, and they are used in various industries such as retail, hospitality and tourism, information technology and telecommunication, banking, financial services, and insurance (BFSI), media and entertainment, healthcare, airline, and others. The consumer mobile payment market covered in this report is segmented – 1) By Mode of Payment: Remote, Proximity 2) By Technology: Near Field Communication (NFC), Direct Mobile Billing, Mobile Web Payment, Short Message Services, Interactive Voice Response System, Mobile App, Other Technologies 3) By End-User Industry: Retail, Hospitality And Tourism, Information Technology And Telecommunication, Banking, Financial Services, and Insurance (BFSI), Media And Entertainment, Healthcare, Airline, Other End Users The consumer mobile payment market size has grown exponentially in recent years. It will grow from $63.01 billion in 2023 to $82 billion in 2024 at a compound annual growth rate (CAGR) of 30.1%. The growth in the historic period can be attributed to increasing smartphone penetration and internet connectivity, growth of digital wallets and mobile payment apps, convenience and ease of use in conducting transactions, adoption by merchants and businesses for cashless payments, rise in consumer preference for contactless and secure payment methods, expansion of e-commerce and online shopping platforms, government initiatives promoting digital payment adoption. The consumer mobile payment market size is expected to see exponential growth in the next few years. It will grow to $236.53 billion in 2028 at a compound annual growth rate (CAGR) of 30.3%. The growth in the forecast period can be attributed to continuation of smartphone proliferation and mobile internet access, expansion of mobile payment acceptance in retail and service sectors, growth of peer-to-peer payment platforms and social commerce, increasing demand for financial inclusion and accessibility, adoption of mobile payments in emerging markets and unbanked populations. Major trends in the forecast period include integration of biometric authentication, growth in demand for peer-to-peer platforms, development of solutions for in-store and online purchases, collaboration between providers and merchants, expansion of options for transportation services, adoption of qr code technology, integration into messaging platforms, increasing emphasis on cybersecurity.

Contactless Payment Surge Fuels Consumer Mobile Payment Market Growth

The surge in the penetration of contactless payments is expected to drive the growth of the consumer mobile payment market going forward. Contactless payment is a secure transaction method where users can tap or wave their card, smartphone, or wearable device near a compatible terminal to purchase without physically swiping or inserting the card. Contactless payment adoption offers convenience, security, and improved consumer experiences, making it a valuable trend in modern payment systems. The surge in contactless payment penetration enhances convenience and safety, driving growth in the consumer mobile payment market by encouraging the adoption of mobile payment platforms and accelerating the shift towards cashless transactions. For instance, in September 2023, according to reports published by the Consumer Financial Protection Bureau (CFPB), a US-based independent agency of the United States government, U.S. consumers spent $65.2 billion at stores using Google Pay in 2022, which is an increase from $24.8 billion in 2021. Therefore, the surge in the penetration of contactless payment is driving the growth of the consumer mobile payment market. Major companies operating in the consumer mobile payment market are Amazon.com Inc., Apple Inc., Alphabet Inc., Samsung Electronics Co. Ltd., Alibaba Group Holdings Limited, American Express Company, Visa Inc., PayPal Holdings Inc., MasterCard Incorporated, Thales Group, Fiserv Inc., Square Inc., Bharti Airtel Ltd., Fidelity National Information Services Inc., Orange Polska SA, Grubhub Inc., Jack Henry & Associates Inc., Block Inc., ACI Worldwide Inc., Money Gram International Inc., Dawood Hercules Corporation Limited, Oxigen S.ervices Pvt. Ltd., Mobikwik Systems Ltd., ZipCash Card Services Pvt. Ltd., Vodafone M-pesa Limited, One97 Communication India Ltd., Citrus Payment Solutions Pvt. Ltd

Tech Innovations Transforming Consumer Mobile Payments

Major companies operating in the consumer mobile payment market are focused on adopting advanced payment solutions such as microPay, to simplify digital payments. A micropayment is a small financial transaction, typically less than a dollar, conducted online for various goods or services such as online purchases, freelance work, or digital content. For instance, in March 2023, Axis Bank Ltd., an India-based multinational banking and financial services company, launched MicroPay, a Pin on Mobile' technology for accepting digital payments. It converts a merchant's smartphone into a point-of-sale (POS) terminal to simplify digital payments. It offers them a cost-effective means to accept payments through card, UPI, BQR code, etc., while maintaining the highest security standards.

Fleetcor Technologies Inc. Expands Consumer Mobile Payment Reach with PayByPhone Acquisition

In November 2023, Fleetcor Technologies, Inc., a US-based business payments and spend management company, acquired PayByPhone for an undisclosed amount. Through this acquisition, Fleetcor aims to enhance its vehicle payment solutions for business-to-business fleet customers and consumers. This strategic move is expected to drive significant long-term growth by leveraging PayByPhone's user-friendly technology and extensive reach in the parking industry. PayByPhone Technologies is a Canada-based company that provides mobile payment solutions in the parking and transportation industries. North America was the largest region in the consumer mobile payment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the consumer mobile payment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the consumer mobile payment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The consumer mobile payment market includes revenues earned by entities by services such as digital wallet transactions, mobile banking, transaction processing and security solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The consumer mobile payments market research report is one of a series of new reports from The Business Research Company that provides consumer mobile payments market statistics, including consumer mobile payments industry global market size, regional shares, competitors with a consumer mobile payments market share, detailed consumer mobile payments market segments, market trends and opportunities, and any further data you may need to thrive in the consumer mobile payments industry. This consumer mobile payments market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Document Verification Market Definition And Segments

Document verification refers to the process of confirming the authenticity and accuracy of official documents. It involves scrutinizing details such as signatures, seals, and information against trusted sources. This ensures reliability and mitigates the risk of fraud or misrepresentation. It is employed to maintain integrity in transactions and decision-making processes. The main types of document verification are small and medium-sized enterprises (SMEs), large enterprises, and personal documents. Personal documents refer to documents used to confirm an individual's identity, such as driver's licenses, ID cards, passports, and other officially issued documents containing sensitive information such as financial data or confidential material. The various technologies include optical character recognition (OCR), face recognition, liveness detection, and detecting tampering with documents. These are used in various applications such as financial services, medical insurance, government services, and additional uses. The document verification market covered in this report is segmented – 1) By Type: Small And Medium-Sized Enterprises (SMEs), Large Enterprise, Personal Documents 2) By Technology: Optical Character Recognition (OCR), Face Recognition, Liveness Detection, Detecting Tampering With Documents 3) By Application: Financial Services, Medical Insurance, Government Service, Additional Uses The document verification market size has grown exponentially in recent years. It will grow from $3.55 billion in 2023 to $4.24 billion in 2024 at a compound annual growth rate (CAGR) of 19.2%. The growth in the historic period can be attributed to increasing regulatory compliance requirements in various industries, growth of online transactions and digital document processing, rise in fraudulent activities and identity theft, expansion of e-commerce and online banking sectors, demand for secure and reliable verification processes, adoption of remote work and digital onboarding practices, need for efficient kyc (know your customer) and aml (anti-money laundering) procedures. The document verification market size is expected to see exponential growth in the next few years. It will grow to $8.64 billion in 2028 at a compound annual growth rate (CAGR) of 19.5%. The growth in the forecast period can be attributed to continuation of stringent regulatory frameworks and compliance standards, increasing emphasis on data privacy and security measures, expansion of digital identity verification solutions, growth of the gig economy and freelance workforce, demand for seamless and user-friendly verification experiences. Major trends in the forecast period include integration of biometric authentication methods, growth in adoption of ai-powered verification, development of blockchain technology, collaboration between providers and regulatory bodies, expansion of services for online transactions, adoption of machine learning algorithms, integration with existing systems.

Rising Identity Theft And Fraud Propel Document Verification Market

The growing concerns about identity theft and fraud are expected to propel the growth of the document verification market going forward. Identity theft and fraud refer to the wrongful obtaining and use of another person's personal or financial information for economic gain. The widespread use of online services, social media, and e-commerce platforms results in the accumulation of vast amounts of personal information that becomes a valuable target for identity thieves. Document verification systems can streamline the verification process, reducing the need for time-consuming and error-prone manual checks. For instance, in February 2024, according to the Federal Trade Commission, a US-based independent agency of the United States government, there were 1.0 million reports of identity theft, constituting 19% of all fraud reports, up from 1.1 million in 2022. Additionally, fraud increased from 2.4 million reports in 2022 to 2.6 million in 2023, representing 48% of all reports. Therefore, the growing concerns about identity theft and fraud are driving the growth of the document verification market. Major companies operating in the document verification market are Thales Group, Experian Plc, Equifax, Idemia, Truework, Argos, PRM Group, GBG Group, Mitek Systems Inc., Jumio, Checkr, Accurate Background, Pre-employ.com, Ekata, Onfido, Trulioo, Acuant, Shufti Pro, Refinitiv, Authenteq, OPENonline, Sterling Check, The Work Number, ADP Screening And Selection Services Inc

Tech-Driven Innovations Revolutionize Document Verification Market

Major companies operating in the document Verification market are focused on adopting technological advancements such as biometric verification using blockchain technology and optical character recognition (OCR) to enhance document verification processes' accuracy, efficiency, and security. For instance, in February 2022, Smile Identity, a Nigeria-based provider of identity verification solutions, launched document verification (E-DocV) in Africa, Europe, and North America, enabling seamless identity authentication across 100 countries with over 140 ID documents. This technology leverages OCR and SmartSelfie technology, offering fast and secure user onboarding. This solution enhances compliance, fraud prevention, and trust, fostering growth in trade and remittance corridors between Africa, Europe, and North America. This trend underscores the increasing reliance on sophisticated technological tools to streamline verification processes and enhance security measures in diverse industries.

GB Group's Acquisition of Acuant Inc. A Strategic Leap Into US Market and Technology Expansion

In November 2021, GB Group, a UK-based provider of identity data intelligence services acquired Acuant Inc. for $736 million. Through this acquisition, GB Group aims to deliver end-to-end solutions that meet the evolving needs of its partners and customers, cementing its position as a key player in the industry. Acuant Inc. is a US-based company specializing in identity verification, document authentication, and fraud prevention technology services. North America was the largest region in the document verification market in 2023. The regions covered in the document verification market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the document verification market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The document verification market includes revenues earned by entities by services such as identity verification, document authentication, fraud detection, digital signature verification, and related services such as know your customer (KYC) compliance, anti-money laundering (AML) screening, and document validation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The document verification market research report is one of a series of new reports from The Business Research Company that provides document verification market statistics, including document verification industry global market size, regional shares, competitors with a document verification market share, detailed document verification market segments, market trends, and opportunities, and any further data you may need to thrive in the document verification industry. This document verification market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry

Expense Management Software Market Definition And Segments

Expense management software refers to a specialized digital tool or platform designed to streamline and automate the process of tracking, submitting, approving, and reimbursing business expenses incurred by employees. This software helps organizations manage costs more efficiently, reduce paperwork, ensure compliance with company policies and regulations, and gain visibility into spending patterns. The main types of expense management software are personal computer (PC) terminal and mobile terminal. PC terminal refers to expense management software designed to be accessed and used primarily on personal computers or laptops. The verticals include banking, financial services, and insurance, information technology (IT) and telecommunications, retail and e-commerce, transportation and logistics, manufacturing, government and public sector, and energy and utilities and are used by various end users, such as small businesses, midsized businesses, and large enterprises. The expense management software market covered in this report is segmented – 1) By Type: Personal Computer (PC) Terminal, Mobile Terminal 2) By Vertical: Banking, Financial Services, And Insurance, Information Technology (IT) And Telecommunications, Retail And E-Commerce, Transportation And Logistics, Manufacturing, Government And Public Sector, Energy And Utilities 3) By End User: Small Business, Midsized Business, Large Enterprises The expense management software market size has grown rapidly in recent years. It will grow from $5.87 billion in 2023 to $6.62 billion in 2024 at a compound annual growth rate (CAGR) of 12.7%. The growth in the historic period can be attributed to automation demand, regulatory compliance requirements, integration capabilities, mobile accessibility. The expense management software market size is expected to see rapid growth in the next few years. It will grow to $10.82 billion in 2028 at a compound annual growth rate (CAGR) of 13.1%. The growth in the forecast period can be attributed to advanced analytics and AI, enhanced user experience, security and compliance, real-time reporting and decision-making, globalization and localization. Major trends in the forecast period include increased adoption of cloud-based solutions, focus on data security and compliance, AI-powered automation, integration with financial ecosystems, and mobile-centric solutions.

The Surge Of Remote Work Fuels Growth In The Expense Management Software Market

The rise of remote work is expected to propel the growth of the expense management software market going forward. Remote work refers to the shift in organizational norms and practices that enable employees to perform job duties outside a traditional office setting, often from homes or other remote locations. The demand for remote work is increasing due to the desire for improved work-life balance, cost savings for employers and employees, and technological advancements that enable seamless remote collaboration. Expense management software facilitates seamless tracking and reimbursement of remote work expenses, ensuring efficient financial management from any location. For instance, according to the World Economic Forum, a Switzerland-based non-governmental organization, the number of students enrolled in online education surged from 71 million in 2020 to 92 million in 2021. Therefore, the rise of remote work is driving the growth of the expense management software market. Major companies operating in the expense management software market are International Business Machines Corporation, Oracle Corporation, SAP SE, Sodexo S.A., Webexpenses Pty Ltd., Intuit Inc. , Workday Inc., Insperity Inc., Infor Inc., Sage Group Plc, Zoho Corporation Pvt. Ltd., Xero Limited, Coupa Software Inc., Payhawk Ltd., The Access Group, Emburse Inc., Expensify Inc., Koch Industries Inc., Chrome River Technologies Inc., Fyle Technologies Pvt. Ltd., SutiSoft Inc., Abacus Labs Inc., VA Tech Ventures Pvt. Ltd., ITILITE Technologies Private Limited, Receipt Bank Limited

Enhancement In Expense Management With Development Of Unified Travel And Expense Solutions

Major companies operating in the expense management software market are increasing their focus on developing advanced solutions, such as a unified travel-and-expense suite, to gain a competitive edge in the market. A unified travel-and-expense suite is an integrated software solution combining functionalities for managing travel bookings and expense reporting on a single platform. This integration in the expense management software simplifies processes, reduces manual tasks, ensures policy compliance, provides better visibility into spending, and enhances overall control over corporate expenditures. For instance, in February 2022, Coupa, a US-based technology platform for business spend management (BSM), launched a unified travel-and-expense suite to expand its business spend management (BSM). This new package combines easy travel booking, streamlined expense management, a complete mobile app, and live traveler support. It's designed to help companies maximize their travel budget by simplifying corporate travel and expenses.

Medius Acquires Expensya To Strengthening Capabilities In Employee Spend Management

In July 2023, Medius, a Sweden-based accounts payable automation company, acquired Expensya for an undisclosed amount. With this acquisition, Medius will expand its product portfolio of powerful AI-enabled, mobile-first employee spend management and strengthen its position in the French market. Expensya is a France-based software company that provides expense management software. North America was the largest region in the expense management software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the expense management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the expense management software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The expense management software market consists of revenues earned by entities by providing services such as expense tracking, approval workflows, reporting, and analytics. The market value includes the value of related goods sold by the service provider or included within the service offering. The expense management software market also includes sales of expense tracking software, reimbursement software, and budgeting and forecasting software. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The expense management software market research report is one of a series of new reports from The Business Research Company that provides expense management software market statistics, including expense management software industry global market size, regional shares, competitors with a expense management software market share, detailed expense management software market segments, market trends and opportunities, and any further data you may need to thrive in the expense management software industry. This expense management software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Expense Tracker Apps Market Definition And Segments

Expense tracker apps refer to software tools that allow people or businesses to monitor and manage their financial transactions. These apps often allow users to track their income, expenses, and other financial transactions, giving them insight into their spending habits, budgeting, and overall financial health. The main types of platforms for expense tracker apps include mobile apps and web-based apps. Mobile apps refer to software programs designed to be installed and used on mobile devices, such as smartphones and tablets. Various subscription models are included, such as freemium and premium, with several functionalities, including a basic expense tracker, finance analytics, and receipt scanning and management. These are used by several end users, including personal and business. The expense tracker apps market covered in this report is segmented – 1) By Platform: Mobile Apps, Web-Based Apps 2) By Subscription Model: Freemium, Premium 3) By Functionality: Basic Expense Tracker, Finance Analytics, Receipt Scanning And Management 4) By End User: Personal, Business The expense tracker apps market size has grown rapidly in recent years. It will grow from $8.59 billion in 2023 to $9.67 billion in 2024 at a compound annual growth rate (CAGR) of 12.6%. The growth in the historic period can be attributed to smartphone proliferation, increased financial awareness, rise in digital banking, security, and privacy concerns, and rise of the gig economy. The expense tracker apps market size is expected to see rapid growth in the next few years. It will grow to $15.74 billion in 2028 at a compound annual growth rate (CAGR) of 13.0%. The growth in the forecast period can be attributed to integration with the financial ecosystem, the emergence of open banking, expansion into emerging markets, focus on user education and engagement, and focus on financial wellness. Major trends in the forecast period include AI-powered insights, blockchain integration, subscription management, augmented reality (AR) features, voice-activated assistants, and collaborative budgeting.

Rising Smartphone User Penetration Driving Growth In The Expense Tracker App Market

Increasing smartphone user penetration is expected to propel the growth of the expense tracker app market going forward. Smartphone user penetration refers to the percentage of the population that uses smartphones among the total population. The number of smartphone users is rising due to several factors, such as affordability, internet connectivity, social and cultural trends, and expanding mobile ecosystems. Expense tracker apps allow users to record and categorize expenses, create budgets, and obtain insights into their spending habits through their smartphones or tablets. Mobile users can set up the expense tracker app to send reminders and notifications about future payments, budget limitations, and unusual spending trends. For instance, in February 2024, according to a report published by Uswitch Limited, a UK-based service and switching website, there were 71.8 million mobile connections in the UK in 2022, an increase of 3.8% from 2021, or around 2.6 million. By 2025, it’s predicted that the UK population will reach 68.3 million and that 95% (roughly 65 million people) will be smartphone users. Therefore, the increasing smartphone user penetration is driving the growth of the expense tracking app market. Major companies operating in the expense tracker apps market are Zoho Corporation Pvt. Ltd., SAP SE, Sodexo Motivation Solutions UK Limited, Intuit Inc., Paycom Software Inc., LendingTree LLC, Xero Limited, Expensify Inc., Fresh Books, You Need A Budget LLC, Spendesk, Tiller LLC, Realbyte Inc., Dayspring Technologies Private Limited, Cleevio s.r.o, Everlance Inc., Hurdlr Inc., PocketGuard Inc., WalletIQ Inc., Abacus Labs Inc., Truebill Inc., Wave Financial Inc., Ramsey Solutions Inc., Emburse Holdings Inc., Shoeboxed Inc.

Advanced Expense Management Solutions Driving Financial Efficiency

Major companies operating in the expense tracker apps market are focused on developing advanced products, such as expense management solutions, to enhance financial control and efficiency and gain a competitive edge in the market. Expense management solutions are software platforms that simplify and automate the process of tracking, submitting, authorizing, and reimbursing business expenses. For instance, in July 2023, Justworks, a US-based software company that provides software and expert support for payroll, benefits, HR, and compliance, launched Expenses, an expense management tool for its PEO (Professional Employer Organization) customers. This tool is aimed at streamlining cost reimbursement and payroll processing. The application enables administrators to create approval workflows and unique rules, making the reconciliation process easier for accountants. Employees can easily create expenses using the Justworks mobile app by taking photos of receipts. The company created Expenses to combine tools, reduce errors, and deliver an intuitive, simple solution that does not require additional expense management software.

Bill Holdings Inc. Acquires DivvyPay Inc. For Bolstering Small And Midsize Businesses (SMBs) Financial Automation Solution

In June 2021, Bill Holdings Inc., a US-based software company that simplifies and automates financial operations, acquired DivvyPay Inc. for approximately $2.5 billion. This acquisition aims to extend Bill's platform with spend management capabilities, creating a one-stop-shop solution for SMBs (small and medium businesses) to automate their financial operations and manage all their B2B (business-to-business) spending in one place. DivvyPay Inc. is a US-based software company that provides an expense tracker app allowing users to track company expenses, gain real-time budget insights, automate expenses, and manage corporate cards. North America was the largest region in the expense tracker apps market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the expense tracker apps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the expense tracker apps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The expense tracker apps market includes revenues earned by entities by providing services such as receipt scanning, bank account integration, reporting and analytics, bill reminders, and customization options. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The expense tracker apps market research report is one of a series of new reports from The Business Research Company that provides expense tracker apps market statistics, including expense tracker apps industry global market size, regional shares, competitors with a expense tracker apps market share, detailed expense tracker apps market segments, market trends and opportunities, and any further data you may need to thrive in the expense tracker apps industry. This expense tracker apps market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Fixed Income Asset Management Market Definition And Segments

Fixed-income asset management refers to the professional management of investment portfolios that generate a fixed or regular stream of income, such as government bonds, municipal bonds, corporate bonds, and asset-backed securities. They are used to optimize returns and manage risks associated with investments in fixed-income securities to generate a regular income stream while preserving capital. The main asset classes of fixed income asset management are government bonds, corporate bonds, municipal bonds, mortgage-backed securities, asset-backed securities, high-yield bonds, and others. Government bonds refer to debt securities issued by a government to raise capital, typically considered low-risk due to the backing of the issuing government's full faith and credit. The investment strategy includes core fixed income, active fixed income, and passive fixed income and is used by various end users, such as institutional investors and retail investors. The fixed income asset management market covered in this report is segmented – 1) By Asset Class: Government Bonds, Corporate Bonds, Municipal Bonds, Mortgage-Backed Securities, Asset-Backed Securities, High-Yield Bonds, Other Asset Classes 2) By Investment Strategy: Core Fixed Income, Active Fixed Income, Passive Fixed Income 3) By End User: Institutional Investors, Retail Investors The fixed income asset management market size has grown strongly in recent years. It will grow from $64,200.12 billion in 2023 to $70,684.63 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to interest rate fluctuations, regulatory changes, market liquidity, credit quality and default risk, macro-economic factors. The fixed income asset management market size is expected to see strong growth in the next few years. It will grow to $104,950.94 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to interest rate trends, credit spread movements, yield curve shape and changes, inflation expectations, regulatory changes. Major trends in the forecast period include demand rises for sustainable fixed income investments, interest grows in alternative fixed income assets, technology adoption boosts data analytics and automation, liquidity management gains focus amid volatility, ESG factors gain prominence in investment decisions.

Rising Demand For Income Investments Fuels Growth In The Fixed Income Asset Management Market

The increasing demand for income investments is expected to propel the growth of the fixed-income asset management market going forward. Income investments refer to financial assets or securities primarily acquired to generate regular income rather than capital appreciation. Investors seek income investments due to a growing preference for stable returns and regular cash flow in an uncertain economic environment. Income investments are utilized in fixed-income asset management to construct portfolios focused on generating regular income streams through interest payments, dividends, and other distributions while seeking to preserve capital. For instance, in June 2021, according to the European Fund and Asset Management Association (EFAMA), a Belgium-based trade association representing the European investment management industry, in Q1 2021, the net assets of UCITS (Undertakings for the Collective Investment in Transferable Securities) surged by 5.6%, driven by robust stock market gains and net solid sales, while AIFs (Alternative Investment Funds) saw a growth of 2.6%. The combined net assets of UCITS and AIFs reached EUR 19.6 trillion (USD 21.4 trillion), marking a collective increase of 4.5%. Therefore, the increasing demand for income investments is driving the growth of the fixed-income asset management market. Major companies operating in the fixed income asset management market are JPMorgan Chase and Co., International Business Machines Corporation (IBM), Goldman Sachs Group Inc., Oracle Corporation, State Bank of India (SBI), ABB Ltd., Fidelity Investments, BlackRock Inc., Adobe Inc., Housing Development Finance Corporation Ltd., State Street Global Advisors, Franklin Resources Inc., Axis Bank Ltd., The Vanguard Group, T. Rowe Price Group Inc., Invesco Ltd., Synaptics Inc., Wellington Management Company LLP, Oppenheimer Holdings Inc., Pacific Investment Management Company LLC (PIMCO), IDFC Ltd., Evergreen Investments LLC

Emergence Of Fixed Income Exchange-Traded Funds (ETFs) Transforming The Fixed Income Asset Management Market

Major companies operating in the fixed-income asset management market are developing innovative solutions, such as JPMorgan Active Bond ETF (JBND), to gain a competitive edge. JPMorgan Active Bond ETF (JBND)) are investment funds traded on stock exchanges, comprising a diversified portfolio of assets such as stocks, bonds, or commodities, designed to track the performance of a specific index or sector. For instance, in October 2023, J.P. Morgan Asset Management, a US-based financial services company, launched a new actively managed fixed-income ETF called JPMorgan Active Bond ETF (JBND) on the NYSE Arca. JBND adopts a bottom-up, value-oriented strategy that primarily focuses on delivering value to investors. The approach places significant importance on security selection, aiming to optimize total return through investments primarily in a well-diversified portfolio of intermediate- and long-term debt securities. JBND specifically emphasizes securitized debt within its investment strategy. The overarching goal is to outperform the Bloomberg US Aggregate Bond Index over a three- to five-year market cycle.

Goldman Sachs Acquires NN Investment Partners, Strengthening European Presence And Sustainability Commitment

In April 2022, Goldman Sachs Group Inc., a US-based investment banking company, acquired NN Investment Partners for $1.88 billion (€1.7 billion). With this acquisition, Goldman Sachs has strengthened its European client franchise, extended its leadership in insurance asset management, and advanced its commitment to incorporating sustainability into its investment platform. NN Investment Partners is a Netherlands-based asset management company that provides fixed-income asset management services as part of its investment offering. North America was the largest region in the fixed income asset management market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fixed income asset management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the fixed income asset management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The fixed income asset management market includes revenues earned by entities by providing services such as portfolio management services, risk management services, credit analysis, performance reporting and analysis, and asset allocation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fixed income asset management market research report is one of a series of new reports from The Business Research Company that provides fixed income asset management market statistics, including fixed income asset management industry global market size, regional shares, competitors with a fixed income asset management market share, detailed fixed income asset management market segments, market trends and opportunities, and any further data you may need to thrive in the fixed income asset management industry. This fixed income asset management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

General Ledger Accounting Software Market Definition And Segments

General ledger accounting software refers to software designed to manage and maintain a company's general ledger, which is a comprehensive record of all financial transactions within the organization. The primary purpose of this software is to provide business performance analysis by organizing, recording, and categorizing transactions according to assets, liabilities, equity, revenue, and expenses. The main types of products in general ledger accounting software are on-premises and cloud-based. On-premises refers to IT infrastructure hardware and software applications that are used in accounting software and depend on factors such as security needs, IT resources, scalability requirements, and budget considerations. This include various price structures, including one-time licenses and subscription-based models, which are used by a wide range of applications, including large and small enterprises. The general ledger accounting software market covered in this report is segmented – 1) By Product Or Type: On-Premises, Cloud-Based 2) By Pricing Model: One-Time License, Subscription-Based 3) By Application: Large Organizations, Small And Mid-size Organizations The general ledger accounting software market size has grown strongly in recent years. It will grow from $5.91 billion in 2023 to $6.45 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to increased globalization, increased user experience, increased real-time reporting, customization, integration, regulatory compliance. The general ledger accounting software market size is expected to see strong growth in the next few years. It will grow to $9.27 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to increasing customer retention, increasing pricing strategy, increasing customer acquisition. Major trends in the forecast period include subscription-based pricing models, data analytics and business intelligence, real-time reporting, enhanced security measures, mobile accessibility, integration with AI and automation.

Driving Forces Behind Adoption Of Cloud-Based General Ledger Accounting Software

The increasing adoption of cloud-based solutions is expected to propel the growth of the general ledger accounting software market going forward. Cloud-based solutions refer to applications, storage, on-demand services, computer networks, or other resources accessed with an internet connection through another provider's shared cloud computing framework. The increasing adoption of cloud-based solutions is driven by the need for flexibility, cost efficiency, accessibility, security, collaboration, and innovation in today's digital economy. Cloud-based general ledger accounting software streamlines financial processes, improves accessibility and collaboration, enhances security, and achieves cost savings compared to traditional on-premises solutions. For instance, in February 2024, according to reports published by AAG IT, a UK-based IT services company, Infrastructure as a Service (IaaS) public cloud service revenue increased from $343 billion in 2021 to $415 billion in 2022. Therefore, the increasing adoption of cloud-based solutions is driving the growth of the general ledger accounting software market. Major companies operating in the general ledger accounting software market are Oracle Corporation, QuickBooks Inc., SAP ERP Core Finance, Sage Group plc, Xero Limited, Infor Inc., Zoho Corporation Pvt. Ltd., Open Systems Accounting Software (OSAS), Multiview Financial Software, FinancialForce.com Inc., Soft Ledger Inc., Patriot Software LLC, Deskera ERP, ZipBooks Software Solutions Pvt. Ltd., Plooto Inc., Bench Accounting Inc., Abila MIP Fund Accounting, Acumatica Inc., Accounting Seed Inc., Technology Group International (TGI), AccuFund Inc., OneUp SAS, Wave Financial Inc., Trullion Ltd., Sage Fixed Assets

Leading Companies Innovating In General Ledger Accounting Software With AI-Enabled Revenue Recognition And Audit Modules

Major companies operating in the general ledger accounting software market are focused on developing innovative solutions, such as AI-enabled revenue recognition and audit modules, to power new levels of accounting transparency. AI-enabled revenue recognition and audit modules are software solutions that leverage artificial intelligence (AI) technologies to enhance the accuracy, efficiency, and effectiveness of revenue recognition processes and auditing tasks within organizations. For instance, in January 2023, Trullion Ltd., a US-based leading accounting automation platform, launched AI-enabled audit modules, allowing auditors to extract ERP/General Ledger (GL) files and instantly validate against their source data, such as invoices, PDFs, and other client sources. This module offers a new workflow to expedite the test of details within its suite of audit automation solutions.

Canada's Jonas Software Solutions Acquires US-Based CompuMove Systems Corporation

In March 2022, Jonas Software Solutions, a Canada-based software company, acquired CompuMove Systems Corporation for an undisclosed amount. With this acquisition, Jonas Software Solutions will expand its range of services to include specialized ledger accounting software designed for the moving industry, streamlining general ledger distribution and financial processes and improving efficiency for businesses. CompuMove Systems Corporation is a US-based technology-managed services company that offers financial management capabilities, including general ledger accounting software. North America was the largest region in the general ledger accounting software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the general ledger accounting software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the general ledger accounting software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The general ledger accounting software market consists of revenues earned by entities by providing services such as budgeting and forecasting, journal entries, general ledger maintenance, and financial data management. The market value includes the value of related goods sold by the service provider or included within the service offering. The general ledger accounting software market also includes sales of chart of accounts (COA), general ledger, and security and access control. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The general ledger accounting software market research report is one of a series of new reports from The Business Research Company that provides general ledger accounting software market statistics, including general ledger accounting software industry global market size, regional shares, competitors with a general ledger accounting software market share, detailed general ledger accounting software market segments, market trends and opportunities, and any further data you may need to thrive in the general ledger accounting software industry. This general ledger accounting software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Liquidity Asset Liability Management Solutions Market Definition And Segments

Liquidity asset liability management solutions are financial solutions and tools that assist financial institutions in managing liquidity risk and optimizing balance sheets. These solutions typically include tools for projecting cash flows, conducting scenario analysis and stress testing, and managing collateral. Liquidity asset liability management solutions are crucial for financial institutions to effectively manage liquidity risk, optimize their balance sheet, and ensure regulatory compliance. The main components of liquidity asset liability management solutions are hardware, solutions, and services. Liquidity asset liability management (ALM) hardware refers to the physical components, such as servers, storage devices, and networking equipment, that are used to support ALM software applications and processes. They are deployed based on on-premises and cloud modes by various institutions like banks, broker dealers, specialty finance, and wealth advisors. The liquidity asset liability management solutions market covered in this report is segmented – 1) By Component: Hardware, Solution, Services 2) By Deployment: On Premises, Cloud 3) By Institution Type: Banks, Broker Dealers, Specialty Finance, Wealth Advisors The liquidity asset liability management solutions market size has grown strongly in recent years. It will grow from $1.87 billion in 2023 to $2.04 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to adoption of advanced technology for modeling and analysis, expansion of digital banking and fintech innovations, demand for real-time liquidity monitoring and reporting, heightened focus on stress testing and scenario analysis, demand for real-time liquidity monitoring and reporting. The liquidity asset liability management solutions market size is expected to see strong growth in the next few years. It will grow to $2.99 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to evolving regulatory landscape, cloud-based solutions, focus on sustainability, focus on customer-centricity, focus on user experience and explainability. Major trends in the forecast period include integration with blockchain technology, advanced analytics and big data management, robotic process automation, cybersecurity mesh architecture adoption.

The Market For Liquidity Asset Liability Management Solutions Is Growing Due To Digital Transformation

The increase in digital transformation is expected to propel the growth of the liquidity asset liability management solutions market going forward. Digital transformation integrates digital technology into every component of an organization, resulting in substantial changes in operations and customer value delivery. The need for efficiency and productivity, security, and agility shifts towards remote work, and data-driven decision-making drives the demand for digital transformation. Liquidity asset liability management solutions enable digital transformation within financial institutions by providing advanced analytics, automation, and real-time insights into liquidity risk management. For instance, in February 2024, according to Kissflow Inc., a US-based software company, 74% of organizations considered digital transformation a top priority, surpassing cybersecurity (73%) and cloud implementation (65%). Further, around 70% of companies either have a digital transformation strategy or are actively working on one. Therefore, the increase in digital transformation is driving the growth of the liquidity asset liability management solutions market. Major companies operating in the liquidity asset liability management solutions market are The International Business Machines Corporation, Oracle Corporation, SAP SE, Fiserv Inc., Infosys Limited, Fidelity National Information Services Inc., Polaris Financial Technology Limited, Wolters Kluwer N.V., Moody's Corporation, Experian Information Solutions Inc., Finastra International Limited, Carta Inc., Intellect Design Arena Limited, Israel Vesttoo, Betterment, Axiom Software Laboratories Inc., Arrakis Finance, Tenderize, FalconX, Keyrock, Transcend Street, Flowdesk SAS, Finality International Limited, AcreTrader, Globacap Ltd.

Innovating Asset-Liability Management Solutions For Insurance Businesses

Major companies operating in the liquidity asset liability management solutions market are developing innovative products with advanced technologies, such as RiskIntegrity Investment Insight, to forecast financial statements under different scenarios. The RiskIntegrity Investment Insight solution is designed to assist insurers in constructing optimal liability-aware investment portfolios, strategic asset allocation, portfolio risk measurement, monitoring, and governance. For instance, in November 2021, Moody's Corporation, a US-based financial services company that provides financial analysis software and services, launched RiskIntegrity Investment Insight, an asset-liability management (ALM) tool for insurance businesses that assists insurers in developing liability-aware investment portfolios and evaluating their investment strategies across a variety of business indicators. It aims to address the issues that insurance businesses face while managing their investment plans, lowering operational risks, and responding to regulatory changes. This solution is a software-as-a-service (SaaS) platform that visualizes complex asset-liability models and data, providing fast and on-demand analytics to develop new investment strategies for enhancing risk-adjusted returns in the insurance business. It enables insurers to create new investment strategies to enhance risk-adjusted returns by leveraging Moody's Analytics proprietary data and models, including economic scenarios, credit analytics, and forecasts.

Cetera Financial Group Acquires Avantax Strengthening Financial Services Landscape With Strategic Expansion

In November 2023, Cetera Financial Group, a US-based independent financial services company, acquired Avantax for $82 billion. The acquisition aims to drive growth, enhance competitiveness, and create value for clients and shareholders through expanded services, a diversified client base, geographic expansion, synergies, and strategic positioning in the financial services industry. Avantax is a US-based company that offers tools and services to assist financial institutions in effectively managing and balancing their assets and liabilities. North America was the largest region in the liquidity asset liability management solutions market in 2023. The regions covered in the liquidity asset liability management solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the liquidity asset liability management solutions market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The liquidity asset liability management solutions market consists of revenues earned by entities by providing services such as balance sheet management and optimization, treasury management advisory services, funding strategy development, stress testing, and scenario analysis. The market value includes the value of related goods sold by the service provider or included within the service offering. The liquidity asset liability management solutions market also includes sales of servers for hosting the software, storage devices for storing data, networking equipment for connectivity, and backup systems for data protection. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The liquidity asset liability management solutions market research report is one of a series of new reports from The Business Research Company that provides liquidity asset liability management solutions market statistics, including liquidity asset liability management solutions industry global market size, regional shares, competitors with a liquidity asset liability management solutions market share, detailed liquidity asset liability management solutions market segments, market trends and opportunities, and any further data you may need to thrive in the liquidity asset liability management solutions industry. This liquidity asset liability management solutions market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.