Cash Management System Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2028

The global Cash Management System market size is expected to be worth around US$ 25.40 billion by 2028, according to a new report by Vision Research Reports.

The global Cash Management System market size was valued at US$ 9.89 billion in 2020 and is anticipated to grow at a CAGR of 12.8% during forecast period 2021 to 2028.

Growth Factors

The growth can be attributed to the increasing adoption of cash management systems by organizations to accurately predict their flow of money. These systems help businesses prevent and mitigate any fraudulent activity using fraud prevention strategies, which is expected to further fuel the demand.

The substantial traction in digital transformation has impacted the way organizations interact with their network banks and manage cash. The digital cash management systems allow businesses to gain high visibility into their financial health. The growing focus on managing business profits has accelerated market growth.

The advanced money management systems offer businesses with a connected experience. These systems help businesses automate and streamline the financial functions of an organization and offer extensibility and real-time integration of business operations. Moreover, they allow organizations to optimize their working capital, which is instrumental in driving market growth over the forecast period.

Report Highlights

Based on the component, the cash management system market has been segmented into solution and service. The solution segment is expected to dominate the market over the forecast period owing to the increasing need for fund transfer process automation and streamlining of money management processes. The cash management solutions enable businesses to simplify complex money transfer processes and reduce manual workload. 

The service segment is expected to register the highest CAGR over the forecast period. Various businesses are adopting cash management services to efficiently process their payables and receivables. These services help businesses optimize money flow position and further help drive effective management of the business operations. Moreover, these services allow businesses to predict money flow and manage liquidity.

Based on the operation type, the market has been segmented into balance and transaction reporting, cash flow forecasting, corporate liquidity management, payables, receivables, and others. The balance and transaction reporting segment dominated the market in 2019, owing to the increased adoption of balance and transaction reporting module by business treasurers to accurately monitor all receivables and payables in real-time. 

The cash flow forecasting segment is anticipated to register the highest growth over the forecast period. The money flow forecasting tools are widely used by corporates and banks to identify future money needs. Various factors, such as highly competitive industry and economic uncertainty, are propelling organizations to deliver more value to their customers. 

Based on deployment, the cash management system market has been segmented into cloud and on-premise. The on-premise deployment segment is anticipated to continue its dominance over the forecast period. This deployment method allows businesses to have control over their business data and offers a sense of proprietorship compared to cloud deployment.

The cloud deployment segment is anticipated to register the highest growth over the next eight years. The cloud deployment mode is preferred by a wide range of businesses owing to the advancements in technology and numerous benefits it offers, such as easy upgradation and low operational cost. 

Based on the enterprise size, the market has been segmented into small and medium enterprises (SMEs) and large enterprises. The large enterprise segment dominated the market in 2019, owing to the increased adoption of cash management systems in larger banks to precisely manage payments and basic account transactions. 

The SME segment is anticipated to register the highest growth over the next eight years. Numerous small and medium enterprises are turning to software solutions to control their cash flows.

Based on end-use, the market has been segmented into banks, retail, non-banking financial corporations, and commercial enterprises. The bank segment is expected to dominate the market over the forecast period owing to the increased adoption of money management systems to reduce the time required for the transaction process and to help increase the high net profit of the banks. These systems also help the banks to improve the technical proficiency of their employees. 

The commercial enterprise segment is expected to emerge as the fastest-growing end-use segment over the forecast period. Various commercial businesses are widely adopting money management tools to optimize their business cash flow. These tools allow businesses to access a suite of online receivable, payable, and reporting solutions to meet the needs of the business.

Europe region dominated the market for cash management systems in 2019. The growth can be attributed to the presence of prominent market players, such as Sopra Banking Software SA; Giesecke & Devrient GmbH; and Glory Global Solutions, Inc. 

Asia Pacific is anticipated to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to the increasing demand for money management systems to maximize the automation of high volume financial transactions for large enterprises. 

Key Players

vendors include Sopra Banking Software SA, Intacct Corporation, NTT Data Corporation, National Cash Management Systems (NCMS), Giesecke & Devrient GmbH, and Oracle Corporation.

Market Segmentation

  • Component Outlook 

    • Solution

    • Service

  • Operation Type Outlook 

    • Balance & Transaction Reporting

    • Cash Flow Forecasting

    • Corporate Liquidity Management

    • Payables

    • Receivables

    • Others

  • Deployment Outlook 

    • Cloud

    • On-premise

  • Enterprise Size Outlook

    • Large Enterprises

    • Small & Medium Enterprises

  • End-use Outlook

    • Banks

    • Retail

    • Non-Banking Financial Corporations

    • Commercial Enterprises

  • Regional Outlook 

    • North America

      • The U.S.

      • Canada

    • Europe

      • Germany

      • The U.K.

    • Asia Pacific

      • China

      • India

      • Japan

    • Latin America

      • Brazil

    • Middle East & Africa

The Cash Management System market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Cash Management System market for the base year 2020 and the forecast between 2021 and 2028. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Cash Management System market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cash Management System market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Cash Management System market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Cash Management System capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Cash Management System by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Cash Management System market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2028. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Cash Management System market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Cash Management System market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Cash Management System industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Cash Management System market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Cash Management System market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Cash Management System market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Cash Management System market. These factors have benefited the growth of the global market for Cash Management System. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Cash Management System. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Cash Management System are as follows:

  • Historic Year: 2017-2020
  • Base Year: 2020
  • Forecast Year 2021 to 2028

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2028);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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