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(IT-NEWSWIRE.COM, April 25, 2017 ) Market outlook of MSME financing market
Micro, small and medium enterprises (MSME) are one of the key economic segments that drives the growth of the GDP by boosting the manufacturing and exports of the economy. The adoption of improved risk management practices by the financial institutions is one of the key drivers for the growth of this market. Publisher's research analyst predicts the MSME financing market to grow at a rate of 19% during the forecast period.
For more information http://www.reportsweb.com/global-micro-small-and-medium-enterprise-financing-market-2015-2019
The increasing focus of MSME banks toward emerging markets is also expected to drive the growth of the global MSME financing market during the forecast period. Countries in the East and South Asian region, such as Bangladesh, Indonesia, and the Philippines have huge MSME segments which remain untapped and can result in a boost in the revenue for the banking and financial sector.
Segmentation by end user and analysis of the MSME financing market
Retail
Heavy manufacturing
General manufacturing
Hospitality
Service
The retail segment within the MSME financing market is expected to reach USD 180 billion by the end of 2019. The changing government policies is predicted to help retailers focus more on the development of e-commerce platforms and to develop an efficient online service for consumers. Added to that, the growing interest of stakeholders such as governments, regulators and the banking community will lead the growth of the market. For instance, many developing nations, including India, have opened 100% FDI towards the retail industry to boost employment and the GDP of the country.
Geographical segmentation and analysis of the global MSME financing market
East Asia
South Asia
Latin America
Central and Eastern Europe
MENA
Sub-Saharan Africa
The report predicts the East Asian region to reach USD 302 billion by the end of 2019. Rapid technological progress and the adoption of credit bureaus compliant with the principles of regulatory authorities are the key growth drivers in this region. Governments in this region are increasingly recognizing the importance and significant contribution made by the MSME sector toward the GDP of their countries, and are, hence, encouraging the growth of the MSME financial market.
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Competitive landscape and key vendors
The global MSME financing market is highly competitive with an established presence by banks in advanced markets such as the US and Europe. However, emerging markets such as China, India, Bangladesh, Thailand, and Nigeria provide ample opportunities for vendors to capture the market shares.
The top three vendors in the market are -
ICICI
Wells Fargo
Standard Chartered
Other prominent vendors in the market include Access Bank, Eastern Bank, IFIC Bank, Bank Muscat, and Emirates NBD Bank.
Companies Mentioned:
ICICI
Wells Fargo
Standard Chartered
Access Bank
Eastern Bank
IFIC Bank
Bank Muscat
Emirates NBD Bank.
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ReportsWeb.com
Priya Sisodia
+91-20-67278686
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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