Over the past five years, the Credit Bureaus and Rating Agencies industry has fared relatively well considering its connection to consumer activity and, more explicitly, consumer spending. Over the five years to 2015, industry participants developed new products and expanded their reach into growing sectors. In the coming years, the industry is expected to continue to grow, albeit at a slower pace than the previous five-year period, as the economic recovery continues. The financial sector is also projected to stabilize and banks will likely lower their lending standards, though not to the same extent as the sector had prior to the recession.
This industry comprises operators that provide information, outlooks and ratings on the credit worthiness of particular companies, individuals, securities or financial obligations. The Credit Bureaus & Rating Agencies industry can be divided into two primary groups: credit bureaus and credit rating agencies (CRAs). Credit bureaus provide services related to consumer credit information, while CRAs generally focus on businesses, governments, securities and financial markets.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.