Global Loan Servicing Software Market by Type (Cloud Based, OPremises, In 2018, Cloud Based accounted for a major share of 65% in the global Loan Servicing Software market. And this product segment is poised to reach 614 M USD by 2024 from 364 M USD in 2019.), By Application (Banks, Credit Unions, Mortgage Lenders & Brokers) and By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2021 To 2030.
- The increasing demand for loan servicing software from banks and other financial institutions is one of the major factors driving the growth of this market.
- The increasing number of mergers and acquisitions in the banking sector is also driving this market's growth as it leads to an increase in demand for loan servicing software from banks and other financial institutions.
- Increasing adoption of cloud-based solutions by organizations across various industries including banking, insurance, healthcare, retail etc, is also driving this market's growth.
- Increasing digitization in various industries including banking, insurance, healthcare etc, has led to an increased need for automation which has been met by loan servicing software.
Industry Growth Insights published a new data on “Loan Servicing Software Market”. The research report is titled “Loan Servicing Software Market research by Types (Cloud Based, On-Premises, In 2018, Cloud Based accounted for a major share of 65% in the global Loan Servicing Software market. And this product segment is poised to reach 614 M USD by 2024 from 364 M USD in 2019., Loan Servicing Softwar), By Applications (Banks, Credit Unions, Mortgage Lenders & Brokers, Others, In Loan Servicing Software market, Banks segment holds an important share in terms of application, and it is expected to reach 446 M USD by 2024, at a CAGR of 11.46% during 2019 and 2024. It means that Loan Servicing Software will be promising in the Banks field in the next couple of years.), By Players/Companies FICS, Fiserv, Mortgage Builder, Nortridge Software, Shaw Systems, Applied Business Software, AutoPal, Cloud Lending, Emphasys, GMS, Graveco Software, C-Loans, Bryt Software, ISGN Corporation, Margill, GOLDPoint Systems, LoanPro Software, Loan Servicing Softwar”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Loan Servicing Software Market Research Report
By Type
Cloud Based, On-Premises, In 2018, Cloud Based accounted for a major share of 65% in the global Loan Servicing Software market. And this product segment is poised to reach 614 M USD by 2024 from 364 M USD in 2019., Loan Servicing Softwar
By Application
Banks, Credit Unions, Mortgage Lenders & Brokers, Others, In Loan Servicing Software market, Banks segment holds an important share in terms of application, and it is expected to reach 446 M USD by 2024, at a CAGR of 11.46% during 2019 and 2024. It means that Loan Servicing Software will be promising in the Banks field in the next couple of years.
By Companies
FICS, Fiserv, Mortgage Builder, Nortridge Software, Shaw Systems, Applied Business Software, AutoPal, Cloud Lending, Emphasys, GMS, Graveco Software, C-Loans, Bryt Software, ISGN Corporation, Margill, GOLDPoint Systems, LoanPro Software, Loan Servicing Softwar
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Loan Servicing Software Market Report Segments:
The global Loan Servicing Software market is segmented on the basis of:
Types
Cloud Based, On-Premises, In 2018, Cloud Based accounted for a major share of 65% in the global Loan Servicing Software market. And this product segment is poised to reach 614 M USD by 2024 from 364 M USD in 2019., Loan Servicing Softwar
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Banks, Credit Unions, Mortgage Lenders & Brokers, Others, In Loan Servicing Software market, Banks segment holds an important share in terms of application, and it is expected to reach 446 M USD by 2024, at a CAGR of 11.46% during 2019 and 2024. It means that Loan Servicing Software will be promising in the Banks field in the next couple of years.
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- FICS
- Fiserv
- Mortgage Builder
- Nortridge Software
- Shaw Systems
- Applied Business Software
- AutoPal
- Cloud Lending
- Emphasys
- GMS
- Graveco Software
- C-Loans
- Bryt Software
- ISGN Corporation
- Margill
- GOLDPoint Systems
- LoanPro Software
- Loan Servicing Softwar
Highlights of The Loan Servicing Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- On-Premises
- In 2018, Cloud Based accounted for a major share of 65% in the global Loan Servicing Software market. And this product segment is poised to reach 614 M USD by 2024 from 364 M USD in 2019.
- Loan Servicing Softwar
- By Application:
- Banks
- Credit Unions
- Mortgage Lenders & Brokers
- Others
- In Loan Servicing Software market, Banks segment holds an important share in terms of application, and it is expected to reach 446 M USD by 2024, at a CAGR of 11.46% during 2019 and 2024. It means that Loan Servicing Software will be promising in the Banks field in the next couple of years.
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Loan Servicing Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Loan servicing software is a computer program that helps banks and other lenders manage their loan portfolios. The software can help identify delinquent borrowers, monitor loan payments, and make changes to loans as needed.
Some of the key players operating in the loan servicing software market are FICS, Fiserv, Mortgage Builder, Nortridge Software, Shaw Systems, Applied Business Software, AutoPal, Cloud Lending, Emphasys, GMS, Graveco Software, C-Loans, Bryt Software, ISGN Corporation, Margill, GOLDPoint Systems, LoanPro Software, Loan Servicing Softwar.
The loan servicing software market is expected to register a CAGR of 11.46%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Loan Servicing Software Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Loan Servicing Software Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Loan Servicing Software Market - Supply Chain
4.5. Global Loan Servicing Software Market Forecast
4.5.1. Loan Servicing Software Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Loan Servicing Software Market Size (000 Units) and Y-o-Y Growth
4.5.3. Loan Servicing Software Market Absolute $ Opportunity
5. Global Loan Servicing Software Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Loan Servicing Software Market Size and Volume Forecast by Type
5.3.1. Cloud Based
5.3.2. On-Premises
5.3.3. In 2018, Cloud Based accounted for a major share of 65% in the global Loan Servicing Software market. And this product segment is poised to reach 614 M USD by 2024 from 364 M USD in 2019.
5.3.4. Loan Servicing Softwar
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Loan Servicing Software Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Loan Servicing Software Market Size and Volume Forecast by Application
6.3.1. Banks
6.3.2. Credit Unions
6.3.3. Mortgage Lenders & Brokers
6.3.4. Others
6.3.5. In Loan Servicing Software market, Banks segment holds an important share in terms of application, and it is expected to reach 446 M USD by 2024, at a CAGR of 11.46% during 2019 and 2024. It means that Loan Servicing Software will be promising in the Banks field in the next couple of years.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Loan Servicing Software Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Loan Servicing Software Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Loan Servicing Software Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Loan Servicing Software Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Loan Servicing Software Demand Share Forecast, 2019-2026
9. North America Loan Servicing Software Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Loan Servicing Software Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Loan Servicing Software Market Size and Volume Forecast by Application
9.4.1. Banks
9.4.2. Credit Unions
9.4.3. Mortgage Lenders & Brokers
9.4.4. Others
9.4.5. In Loan Servicing Software market, Banks segment holds an important share in terms of application, and it is expected to reach 446 M USD by 2024, at a CAGR of 11.46% during 2019 and 2024. It means that Loan Servicing Software will be promising in the Banks field in the next couple of years.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Loan Servicing Software Market Size and Volume Forecast by Type
9.7.1. Cloud Based
9.7.2. On-Premises
9.7.3. In 2018, Cloud Based accounted for a major share of 65% in the global Loan Servicing Software market. And this product segment is poised to reach 614 M USD by 2024 from 364 M USD in 2019.
9.7.4. Loan Servicing Softwar
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Loan Servicing Software Demand Share Forecast, 2019-2026
10. Latin America Loan Servicing Software Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Loan Servicing Software Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Loan Servicing Software Market Size and Volume Forecast by Application
10.4.1. Banks
10.4.2. Credit Unions
10.4.3. Mortgage Lenders & Brokers
10.4.4. Others
10.4.5. In Loan Servicing Software market, Banks segment holds an important share in terms of application, and it is expected to reach 446 M USD by 2024, at a CAGR of 11.46% during 2019 and 2024. It means that Loan Servicing Software will be promising in the Banks field in the next couple of years.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Loan Servicing Software Market Size and Volume Forecast by Type
10.7.1. Cloud Based
10.7.2. On-Premises
10.7.3. In 2018, Cloud Based accounted for a major share of 65% in the global Loan Servicing Software market. And this product segment is poised to reach 614 M USD by 2024 from 364 M USD in 2019.
10.7.4. Loan Servicing Softwar
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Loan Servicing Software Demand Share Forecast, 2019-2026
11. Europe Loan Servicing Software Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Loan Servicing Software Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Loan Servicing Software Market Size and Volume Forecast by Application
11.4.1. Banks
11.4.2. Credit Unions
11.4.3. Mortgage Lenders & Brokers
11.4.4. Others
11.4.5. In Loan Servicing Software market, Banks segment holds an important share in terms of application, and it is expected to reach 446 M USD by 2024, at a CAGR of 11.46% during 2019 and 2024. It means that Loan Servicing Software will be promising in the Banks field in the next couple of years.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Loan Servicing Software Market Size and Volume Forecast by Type
11.7.1. Cloud Based
11.7.2. On-Premises
11.7.3. In 2018, Cloud Based accounted for a major share of 65% in the global Loan Servicing Software market. And this product segment is poised to reach 614 M USD by 2024 from 364 M USD in 2019.
11.7.4. Loan Servicing Softwar
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Loan Servicing Software Demand Share, 2019-2026
12. Asia Pacific Loan Servicing Software Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Loan Servicing Software Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Loan Servicing Software Market Size and Volume Forecast by Application
12.4.1. Banks
12.4.2. Credit Unions
12.4.3. Mortgage Lenders & Brokers
12.4.4. Others
12.4.5. In Loan Servicing Software market, Banks segment holds an important share in terms of application, and it is expected to reach 446 M USD by 2024, at a CAGR of 11.46% during 2019 and 2024. It means that Loan Servicing Software will be promising in the Banks field in the next couple of years.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Loan Servicing Software Market Size and Volume Forecast by Type
12.7.1. Cloud Based
12.7.2. On-Premises
12.7.3. In 2018, Cloud Based accounted for a major share of 65% in the global Loan Servicing Software market. And this product segment is poised to reach 614 M USD by 2024 from 364 M USD in 2019.
12.7.4. Loan Servicing Softwar
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Loan Servicing Software Demand Share, 2019-2026
13. Middle East & Africa Loan Servicing Software Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Loan Servicing Software Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Loan Servicing Software Market Size and Volume Forecast by Application
13.4.1. Banks
13.4.2. Credit Unions
13.4.3. Mortgage Lenders & Brokers
13.4.4. Others
13.4.5. In Loan Servicing Software market, Banks segment holds an important share in terms of application, and it is expected to reach 446 M USD by 2024, at a CAGR of 11.46% during 2019 and 2024. It means that Loan Servicing Software will be promising in the Banks field in the next couple of years.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Loan Servicing Software Market Size and Volume Forecast by Type
13.7.1. Cloud Based
13.7.2. On-Premises
13.7.3. In 2018, Cloud Based accounted for a major share of 65% in the global Loan Servicing Software market. And this product segment is poised to reach 614 M USD by 2024 from 364 M USD in 2019.
13.7.4. Loan Servicing Softwar
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Loan Servicing Software Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Loan Servicing Software Market: Market Share Analysis
14.2. Loan Servicing Software Distributors and Customers
14.3. Loan Servicing Software Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. FICS
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fiserv
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mortgage Builder
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nortridge Software
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shaw Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Applied Business Software
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AutoPal
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cloud Lending
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Emphasys
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. GMS
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Graveco Software
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. C-Loans
14.4.12.1. Overview
14.4.12.
