C&M: Global industry for micro, small, and medium enterprise financing to be driven by huge untapped potential in emerging markets
Global Micro, Small, and Medium Enterprise Financing Market 2014-2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-18 08:40:05
The Global Micro Small and Medium Enterprise Financing market is to grow at a CAGR of 18.52 percent over the period 2013-2018. One of the key factors contributing to this market growth is the huge untapped potential in emerging markets. The Global Micro Small and Medium Enterprise Financing market has also been witnessing the increase in private sector banks across emerging markets. However, the financial and business illiteracy could pose a challenge to the growth of this market.
Currently, the MSME segment in emerging countries is either unserved or underserved. Private sector banks have recognized this as a good business opportunity and are increasingly expanding and gaining ground in emerging markets such as China and India. They are usually preferred more than state-owned banks because of their better infrastructure, faster processing, attractive schemes, and costs offered on the products. This is not only increasing the operational efficiency, but also generating higher revenue for private banks. Hence, it is expected that this will boost the growth of the market in the future.
Click for report details: www.companiesandmarkets.com/Market/Information-Technology/Market ..
Browse all Information Technology Market Research Reports www.companiesandmarkets.com/Market/Information-Technology/Market ..
Browse all Information Technology Company Profile Reports www.companiesandmarkets.com/Market/Information-Technology/Compan ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.