Stock market software: Key market research findings
- Rising demand for asset-based financing drives market growth
- Financial segment accounts for the majority share of the market
- Key vendors – Corporate Trading, Innovative Market Analysis, and Interactive Data
Technavio’s market research analysts predict the global stock market software industry to grow at a CAGR of more than 8% between 2016 and 2020. The augmented demand for asset-based financing is expected to boost growth in this market during the forecast period. Asset-based financing provides structured working capital and term loans secured by accounts receivable, machinery, equipment, inventory, and real estate. In the asset-based financing process, the asset is taken over by the lender in case the loan is not repaid. Asset-based finance currently enables the hassle-free functioning for a large number of businesses and SMEs in Europe. During 2015, EMEA accounted for around 40% of the total market share. The augmented demand for stock market software or trading software from several countries, which are aimed at improving the work efficiency in local trade organizations, and its high rate of adoption in the financial sector to analyze the market and take business decisions are some of the factors that will boost market growth in the EMEA region.
The new market research report from Technavio presents a breakdown and analysis of the stock market software segments based on the end user.
“There has been a significant shift in transaction formats from both ends of the value chain. One of the key trends is the transition from letters of credit to open account trading. The advances in technology and increased financial knowledge have enabled both buyers and sellers to understand the benefits of open accounts like reduced costs and greater efficiencies. Moreover, intense competition in the market is also prompting vendors to work towards improving their efficiency and reduce operational costs,” says Amrita Choudhury, Lead Analyst, ICT, Technavio Research.
The financial segment accounted for almost 23% of the overall market share in 2015. There are various sub-segments in the market, including banks, insurance, and financial sectors. Trading software in banking organizations facilitates retail banking, trade finances, cash management, and other financial and transaction analysis. In the insurance sector, such software help in the analysis of the market. The financial vertical of this market also includes credit card companies that provide financial services and loan services.
The key vendors in the market include
A more detailed analysis is available in the Technavio report, Global Stock Market Software Industry 2016-2020.
We can customize reports by other regions and specific segments upon request.
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