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Cash Management System Market Share & Growth | Forecast 2031
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Cash Management System Market Share & Growth | Forecast 2031

Segments - Cash Management System Market by Operations (Cash Flow Forecasting, Receivables, Payables, Balance & Transaction Reporting, Corporate Liquidity Management, and Others), Enterprise Sizes (Small & Medium Enterprise and Large Enterprise), Components (Service and Solution), Deployments (On-premise and Cloud-based), End-users (Commercial Enterprises, Banks, Non-banking Financial Corporations, and Retail), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Swarup Sahu
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Fact-checked by : V. Chandola
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Editor : Ranjit Pankhade

Upcoming | Report ID :BFSI-2967 | 4.7 Rating | 65 Reviews | 211 Pages | Format : PDF Excel PPT

Report Description


The global cash management system market size was valued at USD 13 Billion in 2022 and is likely to reach USD 39.36 Billion by 2031, expanding at a CAGR of 13.1% during the forecast period, 2023-2031. The growth of the market is attributed to the increased adoption of automated applications in the banking sector.

The cash management system is an automated solution that aids in the management of cash throughout the transaction process. It begins with cash receipt and aids in the automation of cash handling all the way to reconciliation. This has various advantages for the company, including time savings, cost savings, and increased accuracy.

Cash Management System Market Outlook

The COVID-19 pandemic outbreak has a negative impact on the industry as the market operations slowed down and productivity of the market has reduced considerably. However, the market is expected to recover soon as organizations are resuming their operations from office, impacted by the sharp decline in the number of virus cases.

  • Rising need for safe, automated, and smart central cash management system is expected to drive the market growth.
  • Increasing disposable income among a large number of the population across emerging economies is creating need for cash management system. This is expected to boost the market growth in the coming years.
  • Issues concerning to data theft and cyber-attacks present some major restraining factors. This is anticipated to hamper the market expansion during the projected period.
  • High purchasing and implementation cost is a key challenge likely to hinder the market growth during the forecast period
  • Integration of Machine Learning (ML) and Artificial Intelligence (AI) techniques in the financial sector is expected to create significant growth opportunities for the market in the near future.

Scope of Cash Management System Market Report

The report on the global cash management system market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Cash Management System Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Operations (Cash Flow Forecasting, Receivables, Payables, Balance & Transaction Reporting, Corporate Liquidity Management, and Others), Enterprise Sizes (Small & Medium Enterprise and Large Enterprise), Components (Service and Solution), Deployments (On-premise and Cloud-based), and End-users (Commercial Enterprises, Banks, Non-banking Financial Corporations, and Retail)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

NTT Data Corp.; Oracle Corp.; Sopra Banking Software SA; Intacct Corp.; National Cash Management Systems; and Giesecke & Devrient GmbH

Cash Management System Market Segment Insights

Balance & transaction reporting segment is expected to grow at a rapid pace

Based on operations, the global cash management system market is segmented into cash flow forecasting, receivables, payables, balance & transaction reporting, corporate liquidity management, and others. The balance & transaction reporting segment is expected to grow at a rapid pace during the forecast period owing to vast adoption of the module by business treasurers to accurately monitor all payables and receivables in real-time. However, the cash flow forecasting segment is anticipated to hold a key share of the market in the coming years due to need for an effective money demand measurement.

Cash Management System Market Operations Segmentation

Precise management for payments to drive the large enterprise segment

On the basis of enterprise sizes, the market is bifurcated into small & medium enterprise and large enterprise. The large enterprise segment is projected to expand at a considerable CAGR during the forecast period attributed to the vast adoption of cash management systems in major banking institutions. The adoption of the system offers advantages to allow precisely & closely manage payments and basic account transactions.

On the other hand, the small & medium enterprise segment is anticipated to account for a major market share during the forecast period due to rise in investment for technologically advanced & high-performance software considering reduction in transaction risk and increase in profitability.

Solution segment is anticipated to hold significant market share

In terms of components, the global cash management system market is bifurcated into service and solution. The solution segment is anticipated to hold significant market share owing to the growing demand for fund transfer process automation and money management process. However, the service segment is expected to register a considerable CAGR during the forecast period.

Cash management services are being used by a variety of businesses to properly process their payables and receivables and these services assist firms optimize their cash flow position and drive better management of their business operations. These are key factors expected to drive the segment growth.

Large-scale customization to drive the on-premise segment

On the basis of deployments, the market is bifurcated into on-premise and cloud-based. The on-premise segment is expected to hold major market share during the projected timeline attributed to large-scale customization of services and products along with infrastructure flexibility options. On the other hand, the cloud-based segment is expected to grow at a significant rate during the forecast period due to the technological advancement and various benefits such as low operational cost and easy up-gradation.

Bank segment to constitute robust market share

Based on end-users, the global cash management market is segregated into commercial enterprises, banks, non-banking financial corporations, and retail. The bank segment is expected to constitute robust market share during the forecast period owing to the wide use of money management systems to speed up the transaction process and assist banks increase the high net profit margins. However, the commercial enterprises segment is anticipated to grow at a significant rate during the projected timeline as it allows easy access to transaction information and e-statements through a consolidated dashboard.

Cash Management System Market Components Segmentation

Regional Analysis

In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Europe is expected to constitute a key share of the market during the projected timeline owing to the presence of prominent players in the region. Moreover, continuously implementing of the cash management system across industries present a key driver of the market. However, the market of Asia Pacific is anticipated to expand at a rapid pace during the forecast period due to the rise in demand for money management systems to help large enterprises for the automation of vast financial transactions.

Cash Management System Market Region

Segments

The global cash management system market has been segmented on the basis of

Operations

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

Enterprise Sizes

  • Small & Medium Enterprise
  • Large Enterprise

Components

  • Service
  • Solution

Deployments

  • On-premise
  • Cloud-based

End-users

  • Commercial Enterprises
  • Banks
  • Non-banking Financial Corporations
  • Retail

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

Competitive Landscape

Key players competing in the global cash management system market are NTT Data Corp.; Oracle Corp.; Sopra Banking Software SA; Intacct Corp.; National Cash Management Systems; and Giesecke & Devrient GmbH. As part of their efforts to grow their client base and acquire a competitive advantage over competitors, manufacturers operating in the market are adopting various strategic initiatives such as partnerships, collaborations, mergers & acquisitions, and new product development.

Cash Management System Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cash Management System Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Cash Management System Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Cash Management System Market - Supply Chain
  4.5. Global Cash Management System Market Forecast
     4.5.1. Cash Management System Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Cash Management System Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Cash Management System Market Absolute $ Opportunity
5. Global Cash Management System Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Cash Management System Market Size and Volume Forecast by End Users
     5.3.1. Commercial Enterprises Banks Non-banking Financial Corporations Retail
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Cash Management System Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Cash Management System Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Cash Management System Demand Share Forecast, 2019-2026
7. North America Cash Management System Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Cash Management System Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Cash Management System Market Size and Volume Forecast by End Users
     7.4.1. Commercial Enterprises Banks Non-banking Financial Corporations Retail
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Cash Management System Demand Share Forecast, 2019-2026
8. Latin America Cash Management System Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Cash Management System Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Cash Management System Market Size and Volume Forecast by End Users
     8.4.1. Commercial Enterprises Banks Non-banking Financial Corporations Retail
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Cash Management System Demand Share Forecast, 2019-2026
9. Europe Cash Management System Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Cash Management System Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Cash Management System Market Size and Volume Forecast by End Users
     9.4.1. Commercial Enterprises Banks Non-banking Financial Corporations Retail
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Cash Management System Demand Share Forecast, 2019-2026
10. Asia Pacific Cash Management System Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Cash Management System Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Cash Management System Market Size and Volume Forecast by End Users
     10.4.1. Commercial Enterprises Banks Non-banking Financial Corporations Retail
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Cash Management System Demand Share Forecast, 2019-2026
11. Middle East & Africa Cash Management System Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Cash Management System Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Cash Management System Market Size and Volume Forecast by End Users
     11.4.1. Commercial Enterprises Banks Non-banking Financial Corporations Retail
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Cash Management System Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Cash Management System Market: Market Share Analysis
  12.2. Cash Management System Distributors and Customers
  12.3. Cash Management System Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. NTT Data Corp. Oracle Corp. Sopra Banking Software SA Intacct Corp. National Cash Management Systems Giesecke & Devrient GmbH

Methodology

Our Clients

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sinopec
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General Mills
FedEx Logistics
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