Report overview
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.
In this report, Debt Collection Software mainly refer to the debt collection software. Debt Collection software is used to automate the management and accounting process to go after overdue invoices on behalf of an organization or a specialized collection agency.
This report contains market size and forecasts of Debt Collection Software in Global, including the following market information:
Global Debt Collection Software Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global top five companies in 2022 (%)
The global Debt Collection Software market was valued at US$ 1128.7 million in 2022 and is projected to reach US$ 2037.4 million by 2030, at a CAGR of 8.8% during the forecast period 2023-2030.
Experian, FIS, CGI, Transunion, Codix are the key players in the global Debt Collection Software market. Top 5 took up more than 34% of the global market.
We surveyed the Debt Collection Software 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 Software Market, by Type, 2018-2023, 2023-2030 ($ millions)
Global Debt Collection Software Market Segment Percentages, by Type, 2022 (%)
Cloud-Based
On-Premises
Global Debt Collection Software Market, by Application, 2018-2023, 2023-2030 ($ millions)
Global Debt Collection Software Market Segment Percentages, by Application, 2022 (%)
Collection Agencies
Finance Companies
Law Firms & Government
Retail Firms
Others
Global Debt Collection Software Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions)
Global Debt Collection Software 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 Software revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Debt Collection Software 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
Chetu
Qualco
EXUS
FlexysSolutions
Tietoevry
Banqsoft (KMD)
Telrock Systems
Spyrosoft
Visma
Ferber-Software
TDX Group (Equifax)
