Global Consumer Credit Market Size, Status and Forecast 2019-2025

Credit (from Latin credit, "(he/she/it) believes") is the trust which allows one party to provide money or resources to another party where that second party does not reimburse the first party immediately (thereby generating a debt), but instead promises either to repay or return those resources (or other materials of equal value) at a later date.In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people.
The increasing usage of social media channels by consumer credit agencies for better market penetration and customer connectivity will be one of the major factors that will gain traction in this market in the next few years.
In 2018, the global Consumer Credit market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

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

The key players covered in this study
BNP Paribas
Citigroup
HSBC
Industrial and Commercial Bank of China (ICBC)
JPMorgan Chase
Bank of America
Barclays
China Construction Bank
Deutsche Bank
Mitsubishi UFJ Financial
Wells Fargo

Market segment by Type, the product can be split into
Cloud
On-premises

Market segment by Application, split into
Individual
Enterprise
Others

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Consumer Credit status, future forecast, growth opportunity, key market and key players.
To present the Consumer Credit development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Consumer Credit are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.