As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global trade finance market is being driven by the increasing globalisation and the growing domestic and international trade activities. The export and agency finance segment, among other product-types, provides highly structured finance solutions to both the buyers and the traders and, thus, accounted for the largest revenue source for the market in 2019. Banks are one of the significant service providers in the global trade finance industry. North America is one of the leading markets in the global industry.
The availability of advanced technology is driving the industry growth in the region. The shift from paper-based and traditional finance methods to digital methods is expected to further aid the industry growth over the forecast period. Some of the major players in the industry include JPMorgan Chase & Co. (NYSE: JPM) and HSBC Holdings plc (LON: HSBA).
JPMorgan Chase & Co. (NYSE: JPM), a global leader in investment banking, financial services for consumers and small businesses, and asset management, is a financial services firm with assets of USD 2.7 trillion and operations worldwide. In June 2019, the company announced that it intends to increase the quarterly common stock dividend to USD 0.90 per share (up from the current USD 0.80 per share), further authorising gross common equity repurchases of up to USD 29.4 billion under a new common equity repurchase programme, aiming to expand its business and support its customers across the world. Such developments are expected to aid the growth of the trade finance industry globally over the forecast period.
Market Breakup by Product Type, End Use, Service Provider, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global trade finance market are Citigroup Inc., Asian Development Bank, JPMorgan Chase & Co., BNP Paribas, Standard Chartered Bank, Euler Hermes [Allianz SE], and HSBC Holdings PLC [HSBC Group], among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.