Global Financial Guarantee Market Overview:
A financial guarantee is a financial instrument mostly provided by banks or NBFCs that promises lenders' debt will be repaid in case of borrower defaults. Increased demand for risk mitigation among commercial sectors such as transportation, manufacturing, etc. is expected to drive market growth. Rapid globalization and growth of import and export of products are expected to create noteworthy growth in the market. Further, the expansion of product offerings and infrastructural development in emerging economies is likely to increase the demand for financial guarantees.
As per latest study released by AMA Research, the Global Financial Guarantee market is expected to see growth rate of 8.9% and may see market size of USD71930.0 Million by 2030.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Significant Adoption of Technological Advancements By Service Providers to Streamline Underwriting and Processing of Financial Guarantee
Market Growth Drivers:
Increased Demand for Risk Mitigation Among Lenders and Providers against Potential Defaults
Challenges:
Limited Market Among Consumers About Financial Guarantee May Hinder the Market Growth and Competition From Other Risk Mitigation Solutions Such as Credit Insurance and Surety Bonds
Restraints:
Strict Eligibility Criterial for Borrowers Such as Strong Credit Ratings and Financial Statements
Opportunities:
Expansion of Financial Guarantee Offerings Such as Guarantees for Green Bonds, Infrastructure Projects, and Structured Finance Products
Competitive Landscape:
The key players are targeting the new product launch for expansion in other applications, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions to maintain their presence in the market.
Some of the key players profiled in the report are Bank Albilad (Saudi Arabia), Saudi National Bank (Saudi Arabia), Arab National Bank (anb) (Saudi Arabia), Allianz (Germany), Deutsche Bank AG (Germany), JPMorgan Chase & Co. (United States), UBS (Switzerland), Citigroup Inc (United States), Barclays (United Kingdom), HSBC (United Kingdom), PRESTIGE International Inc. (Japan), Goldman Sachs (United States), Vivantaa Capital (India), Terkar Capital (India), Interlink Capital (India), Blend Finance (India), Scotiabank (Canada), Santander (Spain), ANZ (Australia), Westpac Banking Corporation (Australia), BNP Paribas (France) and Commerzbank (Germany). Considering Market by Service Provider, the sub-segment i.e. Banks will boost the Financial Guarantee market.
What Can be Explored with the Financial Guarantee Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Financial Guarantee Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Financial Guarantee
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Financial Guarantee market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Financial Guarantee market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Financial Guarantee Providers, Venture Capitalists and Private Equity Firms and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.