Cash Management System Market to reach a market size of $20.6 billion by 2025 - KBV Research

NEW CITY, N.Y. - March 24, 2020 - PRLog -- According to a new report Global Cash Management System Market, published by KBV Research, The Global Cash Management System Market size is expected to reach $20.6 billion by 2025, rising at a market growth of 13.5% CAGR during the forecast period. The growing need for centralized cash management solutions in banking transaction processes is expected to fuel market growth. These tools provide organizations with an overview of information on cash and financial transactions. Numerous companies focus on improving financial performance and reducing transaction risk. As a result, companies are increasingly implementing a centralized cash management system.

The solution segment is projected to lead the market over the forecast period due to the growing need for the automation of the transfer of funds and simplifying of the money management processes. The service segment is projected to experience the highest CAGR of 16.3% during the forecast period. A number of businesses are implementing cash management systems to efficiently handle their payables and receivables.

The balance and transaction reporting segment remained dominant in the market because of increased adoption of the balance and transaction reporting module by business treasurers to track all receivables and payables accurately in real time.

Global Cash Management System Market Segmentation

By Component

• Solution
• Services

By Operation Type

• Balance & Transaction Processing
• Cash Flow Forecasting
• Corporate Liquidity Management
• Payables & Receivables
• Others

By Organization Size

• Large Enterprises
• Small & Medium Enterprises

By Deployment Type

• On-premise
• Cloud

By End User

• Banks
• Retail
• Non-Banking Financial Corporations
• Others

By Geography

North America

• US
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

LAMEA

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Infosys Limited
• Oracle Corporation
• Giesecke & Devrient GmbH
• The Sage Group PLC (Intacct Corporation)
• Glory Ltd. (Glory Global Solutions, Inc.)
• NTT Data Corporation
• HCL Technologies Ltd. (HCL Enterprises)
• Aurionpro Solutions Limited
• Intimus International Group
• Finastra Group Holdings Limited (Vista Equity Partners)
Structural Insights: https://www.kbvresearch.com/cash-management-system-market/