|By PR Newswire||
|April 18, 2014 05:45 AM EDT||
DUBLIN, April 18, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/2nqldk/global_micro) has announced the addition of the "Global Micro, Small, and Medium Enterprise Financing Market 2014-2018" report to their offering.
The analysts forecast the Global Micro Small and Medium Enterprise Financing market to grow at a CAGR of 18.52 percent over the period 2013-2018. One of the key factors contributing to this market growth is the huge untapped potential in emerging markets. The Global Micro Small and Medium Enterprise Financing market has also been witnessing the increase in private sector banks across emerging markets. However, the financial and business illiteracy could pose a challenge to the growth of this market.
The report, the Global Micro Small and Medium Enterprise Financing Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers East Asia, South Asia, Latin America, Sub-Saharan Africa, Central and Eastern Europe and MENA regions; it also covers the Global Micro Small and Medium Enterprise Financing market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Currently, the MSME segment in emerging countries is either unserved or underserved. Private sector banks have recognized this as a good business opportunity and are increasingly expanding and gaining ground in emerging markets such as China and India. They are usually preferred more than state-owned banks because of their better infrastructure, faster processing, attractive schemes, and costs offered on the products. This is not only increasing the operational efficiency, but also generating higher revenue for private banks. Hence, it is expected that this will boost the growth of the market in the future.
According to the report, one of the major drivers in this market is the huge untapped potential in the emerging market. Many countries in the APAC region, such as Bangladesh, Indonesia, and the Philippines, have huge MSME segments that remain underserved and, if catered to, can result in higher revenue for the Banking and Financial sector.
Further, the report states that one of the main challenges is the strong decline in the demand for goods and services. Owing to the repercussions caused by the global financial crisis, there has been a retraction in the demand for goods and services. This has forced the MSME sector to cut down production, and, consequently, the demand for MSME financing has reduced.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by End-user Industry Types
08. Geographical Segmentation
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
- ICICI Bank Ltd.
- Wells Fargo
- Standard Chartered PLC.
- IFIC Bank Ltd.
- Bank Muscat
- Access Bank Plc
- Eastern Bank Limited
- NBD Bank.
For more information visit http://www.researchandmarkets.com/research/2nqldk/global_micro
Media Contact: Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets