債務超過ソフトウェア市場 : 2028年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2023年11月

Insolvency Software Market – Global Forecast to 2028

債務超過ソフトウェア市場 : 提供内容 (ソリューション、サービス)、組織規模 (大企業、中小企業)、用途 (文書管理、金融取引管理、レポート、コンプライアンス、債権者管理)、業種 – 2028年までの世界予測
Insolvency Software Market by Offering (Solutions, Services), Organization Size (Large Enterprises, & SMEs), Application (Document Management, Financial Transaction Management, Reporting, Compliance, Creditor Management), Vertical – Global Forecast to 2028

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Report Overview

The Insolvency Software market is projected to grow from USD 1.5 billion in 2023 to USD 2.4 billion by 2028, at a CAGR of 10.4% during the forecast period, according to MarketsandMarkets. Increasing demand for automated tools to make well-informed decisions in insolvency cases will accelerate market growth. Businesses are increasingly using automation and digital tools to improve insolvency processes. This involves speeding up procedures, reducing administrative workloads, enhancing accuracy, utilizing data analytics for better decision-making, facilitating communication and collaboration among stakeholders, ensuring compliance, cutting costs, streamlining document management, automating workflows, and achieving more efficient and successful insolvency outcomes.

債務超過ソフトウェア市場 : 2028年までの世界予測

“By Organization Size, the large enterprise segment is expected to hold the largest market size during the forecast period.”
Large enterprises are the early adopters of insolvency software. Though large enterprises have the necessary budgets to use the on-premises deployment mode, they are moving toward the cloud deployment mode to avail features such as increased availability, high scalability, and low cost of deployment. The heterogeneous IT environment and the inability of the IT systems to communicate with each other are the chief reasons for the increasing deployment of insolvency software by large enterprises. The demand for insolvency software in large enterprises arises from the necessity to handle intricate insolvency and bankruptcy cases efficiently and compliantly.


“By Vertical, the BFSI segment is expected to grow with the highest CAGR during the forecast period.”
Given the unique demands and complexities of insolvency cases within this sector, the BFSI (Banking, Financial Services, and Insurance) segment is a key area of focus for insolvency software. Insolvency software tailored to the BFSI segment provides a range of specialized features and functionalities to address the specific needs of financial institutions, credit providers, and insurance companies facing insolvency situations. The BFSI vertical has been one of the early adopters of insolvency software solutions.

債務超過ソフトウェア市場 : 2028年までの世界予測 - region


“Asia Pacific is expected to grow with the highest CAGR during the forecast period.”
The APAC region comprises major economies such as China, India, Japan, and Australia. The region is expected to grow the fastest in terms of insolvency software and services deployment. Growing industrialization and increased competition have proved to be one of the biggest drivers for the insolvency software market in this region.

Breakdown of primaries
The study contains insights from various industry experts, from solution vendors to Tier 1 companies. The break-up of the primaries is as follows:
§ By Company: Tier 1–62%, Tier 2–23%, and Tier 3–15%
§ By Designation: C-Level Executives–38%, Directors–30%, and Others–32%
§ By Region: North America–40%, Europe–15%, Asia Pacific–35%, Middle East and Africa–5%, Latin America–5%,


The major players in the Insolvency Software market are Clio (Canada), CARET (US), Altisource (US), Aryza (Ireland), Stretto (US), Epiq (US), Kroll (US), Turnkey IPS (UK), QwikFile (US), Fastcase (US), CaseWare (Canada), Standard Legal (US), LegalPRO (US), PracticePanther (US), Smokeball (US), Litera (US), stp.one (Germany), NeSL (India), Fileassure (Canada), and CloudLex (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the Insolvency Software market.

債務超過ソフトウェア市場 : 2028年までの世界予測 - ecosystem


Research Coverage
The report segments the global Insolvency Software market by offering into two categories: solutions and services. The service segment is divided into five categories: Professional Services and Management Services. By applications into six categories: Document Management, Reporting, Compliance, Financial Transaction Management, Creditor Management, Others, and Others. By vertical into seven categories: IT and Telecommunication, Government, BFSI, Manufacturing, Energy and Utilities, Retail, and Other Verticals. The market has been segmented by region into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.


Key benefits of the report
The report would help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall Insolvency Software market and the subsegments. This report would help stakeholders understand the competitive landscape and gain insights to position their businesses better and plan suitable go-to-market strategies. The report would help stakeholders understand the market’s pulse and provide them with information on the key market drivers, restraints, challenges, and opportunities.


The report provides insights on the following pointers:
Analysis of key drivers (Increasing adoption of digitalized tools within various industries, The increasing number of bankruptcy cases, cost-effectively managing insolvency cases, Increasing demand for automated tools to make well-informed decisions in insolvency cases), restraints ( Resistance to adopting new technologies and processes, can hinder software adoption.), opportunities ( Ongoing trend for digitalization in the IT industry), and challenges (Lack of data privacy and safety is a threat in this market, Regulatory compliance can be challenging in insolvency software market) influencing the growth of the Insolvency Software market.

• Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product and service launches in the Insolvency Software market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the Insolvency Software market across varied regions.
• Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the Insolvency Software market.

Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as Clio (Canada), CARET (US), Altisource (US), Aryza (Ireland), Stretto (US), Epiq (US), Kroll (US), Turnkey IPS (UK), QwikFile (US), Fastcase (US), CaseWare (Canada), Standard Legal (US), LegalPRO (US), PracticePanther (US), Smokeball (US), Litera (US), stp.one (Germany), NeSL (India), Fileassure (Canada), and CloudLex (US).

Table of Contents

1               INTRODUCTION        31

1.1            STUDY OBJECTIVES 31

1.2            MARKET DEFINITION                31

1.2.1        INCLUSIONS AND EXCLUSIONS               31

1.3            STUDY SCOPE          31

1.3.1        MARKET SEGMENTATION        32

1.3.2        REGIONS COVERED 32

1.4            YEARS CONSIDERED                33

1.5            CURRENCY CONSIDERED                         33

TABLE 1   USD EXCHANGE RATES, 2020–2022     33

1.6            STAKEHOLDERS      34

1.7            RECESSION IMPACT                 34

2               RESEARCH METHODOLOGY    35

2.1            RESEARCH DATA     35

FIGURE 1 INSOLVENCY SOFTWARE MARKET: RESEARCH DESIGN         35

2.1.1        SECONDARY DATA   36

2.1.2        PRIMARY DATA         36

2.1.2.1     Breakdown of primary interviews            37

TABLE 2   PRIMARY INTERVIEWS             37

2.1.2.2     Key industry insights                38

2.2            MARKET FORECAST 38

TABLE 3   FACTOR ANALYSIS   38

2.3            MARKET SIZE ESTIMATION      39

FIGURE 2 APPROACH 1 (SUPPLY-SIDE): REVENUE OF OFFERINGS IN INSOLVENCY SOFTWARE MARKET  39

FIGURE 3 APPROACH 2 (DEMAND-SIDE): INSOLVENCY SOFTWARE MARKET         40

2.3.1        BOTTOM-UP APPROACH          40

FIGURE 4 BOTTOM-UP APPROACH FRAMEWORK   41

FIGURE 5 MARKET SIZE ESTIMATION PROCESS USING BOTTOM-UP APPROACH  41

2.3.2        TOP-DOWN APPROACH            42

FIGURE 6 TOP-DOWN APPROACH FRAMEWORK     42

2.4            DATA TRIANGULATION              43

FIGURE 7 DATA TRIANGULATION              43

2.5            STUDY ASSUMPTIONS             44

2.6            LIMITATIONS AND RISK ASSESSMENT   44

2.7            RECESSION IMPACT ON INSOLVENCY SOFTWARE MARKET   44

3               EXECUTIVE SUMMARY             45

FIGURE 8 INSOLVENCY SOFTWARE MARKET, 2023–2028 (USD MILLION)            46

FIGURE 9 INSOLVENCY SOFTWARE MARKET, BY OFFERING, 2023 VS. 2028 (USD MILLION)                  46

FIGURE 10                INSOLVENCY SOFTWARE MARKET, BY ORGANIZATION SIZE, 2023 VS. 2028 (USD MILLION)         47

FIGURE 11                INSOLVENCY SOFTWARE SERVICES MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION) 47

FIGURE 12                INSOLVENCY SOFTWARE MARKET, BY APPLICATION, 2023 VS. 2028 (USD MILLION) 48

FIGURE 13                INSOLVENCY SOFTWARE MARKET, BY VERTICAL, 2023 VS. 2028 (USD MILLION)                  48

FIGURE 14                INSOLVENCY SOFTWARE MARKET, BY REGION, 2023            49

4               PREMIUM INSIGHTS                 50

4.1            GROWTH OPPORTUNITIES FOR INSOLVENCY SOFTWARE MARKET PLAYERS        50

FIGURE 15                EXPANDING USE OF DIGITALIZED SOLUTIONS AND NEED FOR DATA SECURITY TO DRIVE MARKET GROWTH   50

4.2            NORTH AMERICA: INSOLVENCY SOFTWARE MARKET, BY OFFERING AND VERTICAL                  50

FIGURE 16                INSOLVENCY SOFTWARE SOLUTIONS TO ACCOUNT FOR LARGER MARKET IN NORTH AMERICA IN 2023       50

4.3            ASIA PACIFIC: INSOLVENCY SOFTWARE MARKET, BY OFFERING AND VERTICAL    51

FIGURE 17                BFSI TO BE LARGEST VERTICAL IN ASIA PACIFIC IN 2023      51

4.4            EUROPE: INSOLVENCY SOFTWARE MARKET, BY OFFERING AND VERTICAL            51

FIGURE 18                BFSI AND SOLUTIONS TO ACCOUNT FOR LARGEST SEGMENTS IN EUROPE IN 2023        51

4.5            GEOGRAPHICAL SNAPSHOT OF INSOLVENCY SOFTWARE MARKET        52

FIGURE 19                ASIA PACIFIC TO ACHIEVE HIGHEST GROWTH DURING FORECAST PERIOD                  52

5               MARKET OVERVIEW AND INDUSTRY TRENDS         53

5.1            MARKET OVERVIEW 53

5.2            MARKET DYNAMICS                 53

FIGURE 20                DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: INSOLVENCY SOFTWARE MARKET                 53

5.2.1        DRIVERS  54

5.2.1.1     Increase in adoption of digitalization within financial industry                54

5.2.1.2     Rise in number of bankruptcy cases       54

5.2.1.3     Need for cost-effective and efficient solution to process volume without additional headcount                54

5.2.1.4     Growth in demand for automated tools to make well-informed decisions              55

5.2.2        RESTRAINTS             55

5.2.2.1     Resistance to shift away from legacy systems        55

5.2.3        OPPORTUNITIES      55

5.2.3.1     Ongoing trend for digitalization in IT industry          55

5.2.3.2     Increase in automation to boost adoption of emerging technology        56

5.2.3.3     Rise in demand for software automation and innovative applications  56

5.2.4        CHALLENGES           56

5.2.4.1     Lack of data privacy and safety               56

5.2.4.2     Maintaining compliance in changing regulatory landscape    57

5.2.4.3     Need for third-party providers to enable and manage technology and hosting aspects                  57

5.3            INDUSTRY TRENDS 57

5.3.1        BRIEF HISTORY OF INSOLVENCY SOFTWARE MARKET            57

FIGURE 21                BRIEF HISTORY OF INSOLVENCY SOFTWARE          57

5.3.1.1     Early software solutions and transition to Windows-based software      58

5.3.1.2     Integration of legal research   58

5.3.1.3     Automation and workflow management 58

5.3.1.4     Cloud-based advanced analytics solutions              58

5.3.1.5     Data privacy and safety concerns           58

5.3.1.6     Enhancement in software with new emerging technologies  59

5.3.2        BEST PRACTICES IN INSOLVENCY SOFTWARE MARKET          59

5.3.3        VALUE CHAIN ANALYSIS           60

FIGURE 22                INSOLVENCY SOFTWARE MARKET: VALUE CHAIN ANALYSIS  60

5.3.4        ECOSYSTEM MAPPING            61

FIGURE 23                INSOLVENCY SOFTWARE ECOSYSTEM   61

TABLE 4   INSOLVENCY SOFTWARE MARKET: ECOSYSTEM    61

5.3.5        PATENT ANALYSIS   62

5.3.5.1     Methodology            62

5.3.5.2     Document type        63

TABLE 5   PATENTS FILED, 2020–2023 63

5.3.5.3     Innovation and patent applications         63

FIGURE 24                TOTAL NUMBER OF PATENTS GRANTED, 2020–2023           63

5.3.5.4     Top applicants         64

FIGURE 25                TOP TEN PATENT APPLICANTS, 2020–2023          64

5.3.6        USE CASES               64

5.3.6.1     Aryza Dunning improved Louwman Dealer Group’s debt management system     64

5.3.6.2     Stretto helped Crosby & Fox better its communication systems             64

5.3.6.3     Stretto offered Richard West Law Office its Best Case solution for efficient case-filing                  65

5.3.6.4     Stretto’s solutions streamlined Nelson Law Office’s functionalities       66

5.3.7        PRICING ANALYSIS  67

5.3.7.1     Indicative pricing analysis of key players                 67

TABLE 6   PRICING ANALYSIS  67

5.3.7.2     Average selling price trend      69

5.3.8        TYPE OF CHAPTERS IN INSOLVENCY SOFTWARE   69

5.3.8.1     Chapter 7 69

5.3.8.2     Chapter 11               69

5.3.8.3     Chapter 12               69

5.3.8.4     Chapter 13               69

5.3.8.5     Chapter 15               69

FIGURE 26                US: BANKRUPTCY FILINGS, BY TYPE, 2018–2023 70

5.3.9        INSOLVENCY SOFTWARE MARKET: COUNTRY-LEVEL OUTLOOK              70

5.3.9.1     India         70

5.3.9.2     US             70

5.3.9.3     Canada    71

5.3.9.4     European Countries 71

5.3.10      TECHNOLOGY ANALYSIS          71

5.3.10.1  Adjacent technologies              71

5.3.11      PORTER’S FIVE FORCES ANALYSIS          72

TABLE 7   INSOLVENCY SOFTWARE MARKET: PORTER’S FIVE FORCES MODEL     73

5.3.11.1  Threat of new entrants             73

5.3.11.2  Threat of substitutes                73

5.3.11.3  Bargaining power of buyers     73

5.3.11.4  Bargaining power of suppliers 73

5.3.11.5  Intensity of competitive rivalry 74

5.3.12      DISRUPTIONS IMPACTING BUYERS/CUSTOMERS IN INSOLVENCY SOFTWARE MARKET                  74

FIGURE 27                DISRUPTION TRENDS IMPACTING BUYERS/CUSTOMERS IN MARKET   74

5.3.13      REGULATORY LANDSCAPE      74

5.3.13.1  International Organization for Standardization 27001           74

5.3.13.2  Basel Committee on Banking Supervision              75

5.3.13.3  DODD-FRANK Act    75

5.3.13.4  Health Insurance Portability and Accountability Act                 75

5.3.13.5  General Data Protection Regulation        75

5.3.13.6  Markets in Financial Instruments Directive             76

5.3.13.7  Financial Industry Information Systems 76

TABLE 8   NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS      76

TABLE 9   EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                  77

TABLE 10 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS      77

TABLE 11 MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          78

TABLE 12 LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS      79

5.3.14      KEY CONFERENCES & EVENTS                80

TABLE 13 DETAILED LIST OF CONFERENCES & EVENTS, 2023–2024  80

5.3.15      KEY STAKEHOLDERS & BUYING CRITERIA               81

5.3.15.1  Key stakeholders in buying process        81

FIGURE 28                INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES             81

TABLE 14 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES             81

5.3.15.2  Buying criteria          81

FIGURE 29                KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES               81

TABLE 15 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES               82

5.3.16      FUTURE DIRECTION OF INSOLVENCY SOFTWARE MARKET    82

5.3.16.1  Insolvency software roadmap till 2030  82

5.3.16.2  Short-term roadmap (2023–2025)        82

5.3.16.3  Mid-term roadmap (2026–2028)           83

5.3.16.4  Long-term roadmap (2029–2030)         83

6               INSOLVENCY SOFTWARE MARKET, BY OFFERING  84

6.1            INTRODUCTION        85

6.1.1        OFFERING: INSOLVENCY SOFTWARE MARKET DRIVERS         85

FIGURE 30                INSOLVENCY SOFTWARE SERVICES TO GROW AT HIGHER CAGR DURING FORECAST PERIOD  86

TABLE 16 INSOLVENCY SOFTWARE MARKET, BY OFFERING, 2018–2022 (USD MILLION)   86

TABLE 17 INSOLVENCY SOFTWARE MARKET, BY OFFERING, 2023–2028 (USD MILLION)   86

6.2            SOLUTIONS              87

6.2.1        RISE IN NEED TO HELP INDIVIDUALS AND BUSINESSES MANAGE DEBTS AND COMPLY WITH LEGAL REQUIREMENTS 87

TABLE 18 INSOLVENCY SOFTWARE SOLUTIONS MARKET, BY REGION, 2018–2022 (USD MILLION)                  87

TABLE 19 INSOLVENCY SOFTWARE SOLUTIONS MARKET, BY REGION, 2023–2028 (USD MILLION)                  87

6.3            SERVICES                 88

FIGURE 31                MANAGED SERVICES TO GROW AT HIGHER CAGR DURING FORECAST PERIOD                  88

TABLE 20 INSOLVENCY SOFTWARE SERVICES MARKET, BY TYPE, 2018–2022 (USD MILLION)                  88

TABLE 21 INSOLVENCY SOFTWARE SERVICES MARKET, BY TYPE, 2023–2028 (USD MILLION)                  89

TABLE 22 INSOLVENCY SOFTWARE SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION)                  89

TABLE 23 INSOLVENCY SOFTWARE SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION)                  89

6.3.1        PROFESSIONAL SERVICES      90

6.3.1.1     Need to streamline management of cases to aid legal experts, insolvency practitioners, and entities              90

FIGURE 32                SUPPORT & MAINTENANCE SERVICES TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD  90

TABLE 24 INSOLVENCY SOFTWARE PROFESSIONAL SERVICES MARKET, BY TYPE, 2018–2022 (USD MILLION) 90

TABLE 25 INSOLVENCY SOFTWARE PROFESSIONAL SERVICES MARKET, BY TYPE, 2023–2028 (USD MILLION) 91

TABLE 26 INSOLVENCY SOFTWARE PROFESSIONAL SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION)         91

TABLE 27 INSOLVENCY SOFTWARE PROFESSIONAL SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION)         91

6.3.1.2     Consulting                92

TABLE 28 INSOLVENCY SOFTWARE CONSULTING SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 92

TABLE 29 INSOLVENCY SOFTWARE CONSULTING SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 92

6.3.1.3     Implementation       92

TABLE 30 INSOLVENCY SOFTWARE IMPLEMENTATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION)         93

TABLE 31 INSOLVENCY SOFTWARE IMPLEMENTATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION)         93

6.3.1.4     Support & maintenance          93

TABLE 32 INSOLVENCY SOFTWARE SUPPORT & MAINTENANCE SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION)   94

TABLE 33 INSOLVENCY SOFTWARE SUPPORT & MAINTENANCE SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION)   94

6.3.2        MANAGED SERVICES                94

6.3.2.1     Outsourcing of managed services to address consumer queries           94

TABLE 34 INSOLVENCY SOFTWARE MANAGED SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 95

TABLE 35 INSOLVENCY SOFTWARE MANAGED SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 95

7               INSOLVENCY SOFTWARE MARKET, BY APPLICATION              96

7.1            INTRODUCTION        97

7.1.1        APPLICATION: INSOLVENCY SOFTWARE MARKET DRIVERS    97

FIGURE 33                FINANCIAL TRANSACTION MANAGEMENT SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD    97

TABLE 36 INSOLVENCY SOFTWARE MARKET, BY APPLICATION, 2018–2022 (USD MILLION)                  98

TABLE 37 INSOLVENCY SOFTWARE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)                  98

7.2            DOCUMENT MANAGEMENT     98

7.2.1        OFFERING SECURE AND EFFICIENT DOCUMENT HANDLING FOR USERS FROM ANY LOCATION                 98

TABLE 38 INSOLVENCY SOFTWARE MARKET IN DOCUMENT MANAGEMENT, BY REGION, 2018–2022 (USD MILLION)                99

TABLE 39 INSOLVENCY SOFTWARE MARKET IN DOCUMENT MANAGEMENT, BY REGION, 2023–2028 (USD MILLION)                99

7.3            FINANCIAL TRANSACTION MANAGEMENT                99

7.3.1        NEED TO EFFECTIVELY MANAGE FINANCIAL ASPECTS OF BANKRUPTCY AND INSOLVENCY CASES      99

TABLE 40 INSOLVENCY SOFTWARE MARKET IN FINANCIAL TRANSACTION MANAGEMENT, BY REGION, 2018–2022 (USD MILLION)     100

TABLE 41 INSOLVENCY SOFTWARE MARKET IN FINANCIAL TRANSACTION MANAGEMENT, BY REGION, 2023–2028 (USD MILLION)     100

7.4            REPORTING              100

7.4.1        ENSURING TRANSPARENCY AND ACCOUNTABILITY BY DOCUMENTING ALL INTERACTIONS WITHIN INSOLVENCY CASES   100

TABLE 42 INSOLVENCY SOFTWARE MARKET IN REPORTING, BY REGION, 2018–2022 (USD MILLION) 101

TABLE 43 INSOLVENCY SOFTWARE MARKET IN REPORTING, BY REGION, 2023–2028 (USD MILLION) 101

7.5            COMPLIANCE           101

7.5.1        NEED TO REDUCE LEGAL RISKS AND ENSURE PROCEEDINGS ALIGN WITH LAW  101

TABLE 44 INSOLVENCY SOFTWARE MARKET IN COMPLIANCE, BY REGION, 2018–2022 (USD MILLION) 102

TABLE 45 INSOLVENCY SOFTWARE MARKET IN COMPLIANCE, BY REGION, 2023–2028 (USD MILLION) 102

7.6            CREDITOR MANAGEMENT       102

7.6.1        BENEFITS OF AUTOMATING PROCESSES TO STREAMLINE SUBMISSION AND VERIFICATION OF CREDITOR CLAIMS      102

TABLE 46 INSOLVENCY SOFTWARE MARKET IN CREDITOR MANAGEMENT, BY REGION, 2018–2022 (USD MILLION)         103

TABLE 47 INSOLVENCY SOFTWARE MARKET IN CREDITOR MANAGEMENT, BY REGION, 2023–2028 (USD MILLION)         103

7.7            OTHER APPLICATIONS             103

TABLE 48 INSOLVENCY SOFTWARE MARKET IN OTHER APPLICATIONS, BY REGION, 2018–2022 (USD MILLION)         104

TABLE 49 INSOLVENCY SOFTWARE MARKET IN OTHER APPLICATIONS, BY REGION, 2023–2028 (USD MILLION)         104

8               INSOLVENCY SOFTWARE MARKET, BY ORGANIZATION SIZE  105

8.1            INTRODUCTION        106

FIGURE 34                SMES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD                  106

TABLE 50 INSOLVENCY SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)                  106

TABLE 51 INSOLVENCY SOFTWARE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)                  107

8.1.1        ORGANIZATION SIZE: INSOLVENCY SOFTWARE MARKET DRIVERS         107

8.2            LARGE ENTERPRISES               107

8.2.1        DEMAND FOR ENHANCED INSOLVENCY EFFICIENCY WITH ADVANCED SOFTWARE SOLUTIONS IN LARGE ENTERPRISES      107

TABLE 52 LARGE ENTERPRISES MARKET, BY REGION, 2018–2022 (USD MILLION)             108

TABLE 53 LARGE ENTERPRISES MARKET, BY REGION, 2023–2028 (USD MILLION)             108

8.3            SMALL & MEDIUM-SIZED ENTERPRISES 108

8.3.1        COST-SAVING BENEFITS OFFERED BY INSOLVENCY SOFTWARE FOR SMES          108

TABLE 54 SMES MARKET, BY REGION, 2018–2022 (USD MILLION)      109

TABLE 55 SMES MARKET, BY REGION, 2023–2028 (USD MILLION)      109

9               INSOLVENCY SOFTWARE MARKET, BY VERTICAL    110

9.1            INTRODUCTION        111

9.1.1        VERTICAL: INSOLVENCY SOFTWARE MARKET DRIVERS          111

FIGURE 35                BFSI VERTICAL TO HAVE LARGEST MARKET SIZE DURING FORECAST PERIOD                  111

TABLE 56 INSOLVENCY SOFTWARE MARKET, BY VERTICAL, 2018–2022 (USD MILLION)     112

TABLE 57 INSOLVENCY SOFTWARE MARKET, BY VERTICAL, 2023–2028 (USD MILLION)     112

9.2            BFSI         112

9.2.1        HIGHER ADOPTION OF DIGITALIZED TOOLS TO EASE BANKING AND OTHER FINANCIAL PROCESS 112

TABLE 58 INSOLVENCY SOFTWARE MARKET IN BFSI VERTICAL, BY REGION, 2018–2022 (USD MILLION) 113

TABLE 59 INSOLVENCY SOFTWARE MARKET IN BFSI VERTICAL, BY REGION, 2023–2028 (USD MILLION) 113

9.2.2        USE CASES               113

9.2.2.1     Lawyaw transformed document drafting and management, reducing time required from hours with Clio         113

9.2.2.2     Aryza Dunning helped Timing Uitzendbureau in efficient credit management       113

9.2.2.3     Stretto supported bankruptcy law expert Conine in navigating complexities of bankruptcy laws and technologies             114

9.3            GOVERNMENT         114

9.3.1        NEED TO ENHANCE GOVERNMENT INSOLVENCY TRANSPARENCY AND COMPLIANCE MANAGEMENT         114

TABLE 60 INSOLVENCY SOFTWARE MARKET IN GOVERNMENT VERTICAL, BY REGION, 2018–2022 (USD MILLION)         114

TABLE 61 INSOLVENCY SOFTWARE MARKET IN GOVERNMENT VERTICAL, BY REGION, 2023–2028 (USD MILLION)         115

9.3.2        USE CASE                 115

9.3.2.1     Bank improved its REO processes with Altisource solutions  115

9.4            IT & TELECOM          115

9.4.1        RISE IN NEED TO MANAGE FINANCIAL CHALLENGES AMID MERGERS & ACQUISITIONS                  115

TABLE 62 INSOLVENCY SOFTWARE MARKET IN IT & TELECOM VERTICAL, BY REGION, 2018–2022 (USD MILLION)         116

TABLE 63 INSOLVENCY SOFTWARE MARKET IN IT & TELECOM VERTICAL, BY REGION, 2023–2028 (USD MILLION)         116

9.4.2        USE CASE                 116

9.4.2.1     Lumen joined forces with Epiq Managed Services to access its eDiscovery proficiency, ensure uniformity, and achieve cost savings          116

9.5            MANUFACTURING    117

9.5.1        NEED TO STREAMLINE CREDITOR COMMUNICATION AND NEGOTIATIONS IN MANUFACTURING INSOLVENCY WITH INSOLVENCY SOFTWARE             117

TABLE 64 INSOLVENCY SOFTWARE MARKET IN MANUFACTURING VERTICAL, BY REGION, 2018–2022 (USD MILLION)                117

TABLE 65 INSOLVENCY SOFTWARE MARKET IN MANUFACTURING VERTICAL, BY REGION, 2023–2028 (USD MILLION)                117

9.6            ENERGY & UTILITY   118

9.6.1        INCREASE IN COMPLEXITY AND GROWING NUMBER OF REGULATIONS IN SECTOR                  118

TABLE 66 INSOLVENCY SOFTWARE MARKET IN ENERGY & UTILITIES VERTICAL, BY REGION, 2018–2022 (USD MILLION)                118

TABLE 67 INSOLVENCY SOFTWARE MARKET IN ENERGY & UTILITIES VERTICAL, BY REGION, 2023–2028 (USD MILLION)                118

9.6.2        USE CASE                 119

9.6.2.1     Epiq provided tailored support to Energy Future Holdings in navigating intricate aspects of Chapter 11 case management                119

9.7            RETAIL      119

9.7.1        CHANGING CONSUMER PREFERENCES, ESPECIALLY IN AGE OF ECOMMERCE AND ONLINE SHOPPING 119

TABLE 68 INSOLVENCY SOFTWARE MARKET IN RETAIL VERTICAL, BY REGION, 2018–2022 (USD MILLION) 119

TABLE 69 INSOLVENCY SOFTWARE MARKET IN RETAIL VERTICAL, BY REGION, 2023–2028 (USD MILLION) 120

9.8            OTHER VERTICALS   120

TABLE 70 INSOLVENCY SOFTWARE MARKET IN OTHER VERTICALS, BY REGION, 2018–2022 (USD MILLION) 120

TABLE 71 INSOLVENCY SOFTWARE MARKET IN OTHER VERTICALS, BY REGION, 2023–2028 (USD MILLION) 121

10             INSOLVENCY SOFTWARE MARKET, BY REGION      122

10.1         INTRODUCTION        123

FIGURE 36                ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD                  123

TABLE 72 INSOLVENCY SOFTWARE MARKET, BY REGION, 2018–2022 (USD MILLION)        123

TABLE 73 INSOLVENCY SOFTWARE MARKET, BY REGION, 2023–2028 (USD MILLION)        124

10.2         NORTH AMERICA     124

10.2.1      NORTH AMERICA: INSOLVENCY SOFTWARE MARKET DRIVERS              124

10.2.2      NORTH AMERICA: RECESSION IMPACT   125

FIGURE 37                NORTH AMERICA: MARKET SNAPSHOT  125

TABLE 74 NORTH AMERICA: INSOLVENCY SOFTWARE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 126

TABLE 75 NORTH AMERICA: INSOLVENCY SOFTWARE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 126

TABLE 76 NORTH AMERICA: INSOLVENCY SOFTWARE SERVICES MARKET, BY TYPE, 2018–2022 (USD MILLION)         126

TABLE 77 NORTH AMERICA: INSOLVENCY SOFTWARE SERVICES MARKET, BY TYPE, 2023–2028 (USD MILLION)         126

TABLE 78 NORTH AMERICA: INSOLVENCY SOFTWARE PROFESSIONAL SERVICES MARKET, BY TYPE, 2018–2022 (USD MILLION)   127

TABLE 79 NORTH AMERICA: INSOLVENCY SOFTWARE PROFESSIONAL SERVICES MARKET, BY TYPE, 2023–2028 (USD MILLION)   127

TABLE 80 NORTH AMERICA: INSOLVENCY SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)                127

TABLE 81 NORTH AMERICA: INSOLVENCY SOFTWARE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)                127

TABLE 82 NORTH AMERICA: INSOLVENCY SOFTWARE MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 128

TABLE 83 NORTH AMERICA: INSOLVENCY SOFTWARE MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 128

TABLE 84 NORTH AMERICA: INSOLVENCY SOFTWARE MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 129

TABLE 85 NORTH AMERICA: INSOLVENCY SOFTWARE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 129

TABLE 86 NORTH AMERICA: INSOLVENCY SOFTWARE MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 129

TABLE 87 NORTH AMERICA: INSOLVENCY SOFTWARE MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 130

10.2.3      US             130

10.2.3.1  Presence of huge financial institutions with inclination toward innovation and development            130

10.2.4      CANADA   130

10.2.4.1  Rapid adoption of digitalized platforms across various sectors              130

10.3         EUROPE   131

10.3.1      EUROPE: INSOLVENCY SOFTWARE MARKET DRIVERS            131

10.3.2      EUROPE: RECESSION IMPACT 131

TABLE 88 EUROPE: INSOLVENCY SOFTWARE MARKET, BY OFFERING, 2018–2022 (USD MILLION)                  132

TABLE 89 EUROPE: INSOLVENCY SOFTWARE MARKET, BY OFFERING, 2023–2028 (USD MILLION)                  132

TABLE 90 EUROPE: INSOLVENCY SOFTWARE SERVICES MARKET, BY TYPE, 2018–2022 (USD MILLION) 132

TABLE 91 EUROPE: INSOLVENCY SOFTWARE SERVICES MARKET, BY TYPE, 2023–2028 (USD MILLION) 132

TABLE 92 EUROPE: INSOLVENCY SOFTWARE PROFESSIONAL SERVICES MARKET, BY TYPE, 2018–2022 (USD MILLION)                133

TABLE 93 EUROPE: INSOLVENCY SOFTWARE PROFESSIONAL SERVICES MARKET, BY TYPE, 2023–2028 (USD MILLION)                133

TABLE 94 EUROPE: INSOLVENCY SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 133

TABLE 95 EUROPE: INSOLVENCY SOFTWARE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 133

TABLE 96 EUROPE: INSOLVENCY SOFTWARE MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 134

TABLE 97 EUROPE: INSOLVENCY SOFTWARE MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 134

TABLE 98 EUROPE: INSOLVENCY SOFTWARE MARKET, BY VERTICAL, 2018–2022 (USD MILLION)                  135

TABLE 99 EUROPE: INSOLVENCY SOFTWARE MARKET, BY VERTICAL, 2023–2028 (USD MILLION)                  135

TABLE 100               EUROPE: INSOLVENCY SOFTWARE MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 136

TABLE 101               EUROPE: INSOLVENCY SOFTWARE MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 136

10.3.3      UK            136

10.3.3.1  Increased government investment in upgrading insolvency infrastructure            136

10.3.4      GERMANY                 137

10.3.4.1  Higher cloud adoption among enterprises and increase in insolvency cases among large companies               137

10.3.5      FRANCE   137

10.3.5.1  Significant investments by government  137

10.3.6      ITALY        137

10.3.6.1  Significant shift toward greater adoption and acceptance of digital solutions       137

10.3.7      REST OF EUROPE    138

10.4         ASIA PACIFIC            138

10.4.1      ASIA PACIFIC: INSOLVENCY SOFTWARE MARKET DRIVERS    138

10.4.2      ASIA PACIFIC: RECESSION IMPACT          138

FIGURE 38                ASIA PACIFIC: MARKET SNAPSHOT         139

TABLE 102               ASIA PACIFIC: INSOLVENCY SOFTWARE MARKET, BY OFFERING, 2018–2022 (USD MILLION)         139

TABLE 103               ASIA PACIFIC: INSOLVENCY SOFTWARE MARKET, BY OFFERING, 2023–2028 (USD MILLION)         140

TABLE 104               ASIA PACIFIC: INSOLVENCY SOFTWARE SERVICES MARKET, BY TYPE, 2018–2022 (USD MILLION)                140

TABLE 105               ASIA PACIFIC: INSOLVENCY SOFTWARE SERVICES MARKET, BY TYPE, 2023–2028 (USD MILLION)                140

TABLE 106               ASIA PACIFIC: INSOLVENCY SOFTWARE PROFESSIONAL SERVICES MARKET, BY TYPE, 2018–2022 (USD MILLION)          140

TABLE 107               ASIA PACIFIC: INSOLVENCY SOFTWARE PROFESSIONAL SERVICES MARKET, BY TYPE, 2023–2028 (USD MILLION)          141

TABLE 108               ASIA PACIFIC: INSOLVENCY SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)   141

TABLE 109               ASIA PACIFIC: INSOLVENCY SOFTWARE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)   141

TABLE 110               ASIA PACIFIC: INSOLVENCY SOFTWARE MARKET, BY APPLICATION, 2018–2022 (USD MILLION)         142

TABLE 111               ASIA PACIFIC: INSOLVENCY SOFTWARE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)         142

TABLE 112               ASIA PACIFIC: INSOLVENCY SOFTWARE MARKET, BY VERTICAL, 2018–2022 (USD MILLION)         143

TABLE 113               ASIA PACIFIC: INSOLVENCY SOFTWARE MARKET, BY VERTICAL, 2023–2028 (USD MILLION)         143

TABLE 114               ASIA PACIFIC: INSOLVENCY SOFTWARE MARKET, BY COUNTRY, 2018–2022 (USD MILLION)         144

TABLE 115               ASIA PACIFIC: INSOLVENCY SOFTWARE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)         144

10.4.3      CHINA      144

10.4.3.1  Competitive legal environment to drive law firms to invest in technology, including insolvency software 144

10.4.4      INDIA        145

10.4.4.1  Government spending to develop digital infrastructure across various sectors    145

10.4.5      JAPAN      145

10.4.5.1  Better customer experience in payment processing               145

10.4.6      AUSTRALIA & NEW ZEALAND (ANZ)         145

10.4.6.1  Growth in adoption of data analytics and predictive analytics by several financial companies               145

10.4.7      REST OF ASIA PACIFIC              146

10.5         MIDDLE EAST & AFRICA           146

10.5.1      MIDDLE EAST AND AFRICA: INSOLVENCY SOFTWARE MARKET DRIVERS               146

TABLE 116               MIDDLE EAST & AFRICA: INSOLVENCY SOFTWARE MARKET, BY OFFERING, 2018–2022 (USD MILLION)   147

TABLE 117               MIDDLE EAST & AFRICA: INSOLVENCY SOFTWARE MARKET, BY OFFERING, 2023–2028 (USD MILLION)   147

TABLE 118               MIDDLE EAST & AFRICA: INSOLVENCY SOFTWARE SERVICES MARKET, BY TYPE, 2018–2022 (USD MILLION)   147

TABLE 119               MIDDLE EAST & AFRICA: INSOLVENCY SOFTWARE SERVICES MARKET, BY TYPE, 2023–2028 (USD MILLION)   147

TABLE 120               MIDDLE EAST & AFRICA: INSOLVENCY SOFTWARE PROFESSIONAL SERVICES MARKET, BY TYPE, 2018–2022 (USD MILLION)     148

TABLE 121               MIDDLE EAST & AFRICA: INSOLVENCY SOFTWARE PROFESSIONAL SERVICES MARKET, BY TYPE, 2023–2028 (USD MILLION)     148

TABLE 122               MIDDLE EAST & AFRICA: INSOLVENCY SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)           148

TABLE 123               MIDDLE EAST & AFRICA: INSOLVENCY SOFTWARE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)           148

TABLE 124               MIDDLE EAST & AFRICA: INSOLVENCY SOFTWARE MARKET, BY APPLICATION, 2018–2022 (USD MILLION)   149

TABLE 125               MIDDLE EAST & AFRICA: INSOLVENCY SOFTWARE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)   149

TABLE 126               MIDDLE EAST & AFRICA: INSOLVENCY SOFTWARE MARKET, BY VERTICAL, 2018–2022 (USD MILLION)   150

TABLE 127               MIDDLE EAST & AFRICA: INSOLVENCY SOFTWARE MARKET, BY VERTICAL, 2023–2028 (USD MILLION)   150

TABLE 128               MIDDLE EAST & AFRICA: INSOLVENCY SOFTWARE MARKET, BY COUNTRY, 2018–2022 (USD MILLION)   150

TABLE 129               MIDDLE EAST & AFRICA: INSOLVENCY SOFTWARE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)   151

10.5.2      UNITED ARAB EMIRATES (UAE)                151

10.5.2.1  Need to manage compliance and legal requirements            151

10.5.3      SAUDI ARABIA          151

10.5.3.1  Essentiality of streamlining bankruptcy procedures, fostering economic growth, and attracting foreign investments                 151

10.5.4      REST OF THE MIDDLE EAST & AFRICA    152

10.6         LATIN AMERICA        152

10.6.1      LATIN AMERICA: INSOLVENCY SOFTWARE MARKET DRIVERS                 152

10.6.2      LATIN AMERICA: RECESSION IMPACT     152

TABLE 130               LATIN AMERICA: INSOLVENCY SOFTWARE MARKET, BY OFFERING, 2018–2022 (USD MILLION)         153

TABLE 131               LATIN AMERICA: INSOLVENCY SOFTWARE MARKET, BY OFFERING, 2023–2028 (USD MILLION)         153

TABLE 132               LATIN AMERICA: INSOLVENCY SOFTWARE SERVICES MARKET, BY TYPE, 2018–2022 (USD MILLION)                153

TABLE 133               LATIN AMERICA: INSOLVENCY SOFTWARE SERVICES MARKET, BY TYPE, 2023–2028 (USD MILLION)                153

TABLE 134               LATIN AMERICA: INSOLVENCY SOFTWARE PROFESSIONAL SERVICES MARKET, BY TYPE, 2018–2022 (USD MILLION)    154

TABLE 135               LATIN AMERICA: INSOLVENCY SOFTWARE PROFESSIONAL SERVICES MARKET, BY TYPE, 2023–2028 (USD MILLION)    154

TABLE 136               LATIN AMERICA: INSOLVENCY SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)   154

TABLE 137               LATIN AMERICA: INSOLVENCY SOFTWARE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)   154

TABLE 138               LATIN AMERICA: INSOLVENCY SOFTWARE MARKET, BY APPLICATION, 2018–2022 (USD MILLION)                155

TABLE 139               LATIN AMERICA: INSOLVENCY SOFTWARE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)                155

TABLE 140               LATIN AMERICA: INSOLVENCY SOFTWARE MARKET, BY VERTICAL, 2018–2022 (USD MILLION)         156

TABLE 141               LATIN AMERICA: INSOLVENCY SOFTWARE MARKET, BY VERTICAL, 2023–2028 (USD MILLION)         156

TABLE 142               LATIN AMERICA: INSOLVENCY SOFTWARE MARKET, BY COUNTRY, 2018–2022 (USD MILLION)         156

TABLE 143               LATIN AMERICA: INSOLVENCY SOFTWARE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)         157

10.6.3      BRAZIL     157

10.6.3.1  Rapid urbanization and expansion of eCommerce industry in Brazil     157

10.6.4      MEXICO   157

10.6.4.1  Increase in number of mobile subscribers and rise in internet penetration           157

10.6.5      REST OF LATIN AMERICA         157

11             COMPETITIVE LANDSCAPE      158

11.1         INTRODUCTION        158

11.2         STRATEGIES ADOPTED BY KEY PLAYERS                 158

TABLE 144               OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS         158

11.3         MARKET SHARE ANALYSIS OF KEY PLAYERS          159

TABLE 145               INSOLVENCY SOFTWARE MARKET: DEGREE OF COMPETITION              159

11.4         KEY COMPANY EVALUATION MATRIX       160

11.4.1      STARS      160

11.4.2      EMERGING LEADERS               160

11.4.3      PERVASIVE PLAYERS                160

11.4.4      PARTICIPANTS         160

FIGURE 39                KEY COMPANY EVALUATION MATRIX, 2023            161

11.5         COMPETITIVE SCENARIO AND TRENDS   161

11.5.1      PRODUCT LAUNCHES               161

TABLE 146               INSOLVENCY SOFTWARE MARKET: PRODUCT LAUNCHES, JANUARY 2021–SEPTEMBER 2023  162

11.5.2      DEALS      164

TABLE 147               INSOLVENCY SOFTWARE MARKET: DEALS, JANUARY 2021–SEPTEMBER 2023                  164

12             COMPANY PROFILES                167

12.1         KEY PLAYERS           167

(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*

12.1.1      CLIO         167

TABLE 148               CLIO: BUSINESS OVERVIEW    167

TABLE 149               CLIO: PRODUCTS/SOLUTIONS/SERVICES OFFERED               168

TABLE 150               CLIO: PRODUCT LAUNCHES     169

12.1.2      EPIQ         171

TABLE 151               EPIQ: BUSINESS OVERVIEW    171

TABLE 152               EPIQ: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS           171

TABLE 153               EPIQ: PRODUCT LAUNCHES    172

TABLE 154               EPIQ: DEALS             173

12.1.3      ARYZA      174

TABLE 155               ARYZA: BUSINESS OVERVIEW 174

TABLE 156               ARYZA: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS        174

TABLE 157               ARYZA: PRODUCT LAUNCHES 176

TABLE 158               ARYZA: DEALS          177

12.1.4      STRETTO  179

TABLE 159               STRETTO: BUSINESS OVERVIEW              179

TABLE 160               STRETTO: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS   179

TABLE 161               STRETTO: DEALS     180

12.1.5      CARET      181

TABLE 162               CARET: BUSINESS OVERVIEW 181

TABLE 163               CARET: PRODUCT/SOLUTIONS/SERVICE OFFERINGS             181

TABLE 164               CARET: PRODUCT LAUNCHES 183

TABLE 165               CARET: DEALS          183

12.1.6      KROLL      185

TABLE 166               KROLL: BUSINESS OVERVIEW 185

TABLE 167               KROLL: PRODUCT AND SERVICE OFFERINGS         185

12.1.7      ALTISOURCE             187

TABLE 168               ALTISOURCE: BUSINESS OVERVIEW        187

FIGURE 40                ALTISOURCE: COMPANY SNAPSHOT       187

TABLE 169               ALTISOURCE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 188

12.1.8      LITERA      189

12.2         OTHER PLAYERS      190

12.2.1      TURNKEY 190

12.2.2      QWIKFILE 190

12.2.3      FASTCASE                 191

12.2.4      CASEWARE               192

12.2.5      STANDARD LEGAL   193

12.2.6      LEGALPRO                194

12.2.7      PRACTICEPANTHER 195

12.2.8      SMOKEBALL             196

12.2.9      STP.ONE  197

12.2.10   NESL        198

12.2.11   FILEASSURE             198

12.2.12   CLOUDLEX                199

13             ADJACENT/RELATED MARKETS               200

13.1         CASE MANAGEMENT MARKET 200

13.1.1      MARKET DEFINITION                200

13.1.2      MARKET OVERVIEW 200

13.1.3      CASH MANAGEMENT MARKET, BY DEPLOYMENT MODE       200

TABLE 170               CASE MANAGEMENT MARKET, BY DEPLOYMENT MODE, 2015–2022 (USD MILLION) 200

13.1.3.1  Cloud       201

TABLE 171               CLOUD: CASE MANAGEMENT MARKET, BY REGION, 2015–2022 (USD MILLION)                  201

13.1.3.2  On-premises            202

TABLE 172               ON-PREMISES: CASE MANAGEMENT MARKET, BY REGION, 2015–2022 (USD MILLION) 202

13.2         CASH FLOW MANAGEMENT MARKET      202

13.2.1      MARKET DEFINITION                202

13.2.2      MARKET OVERVIEW 202

13.2.3      CASH FLOW MANAGEMENT MARKET, BY COMPONENT         203

TABLE 173               CASH FLOW MANAGEMENT MARKET, BY COMPONENT, 2018–2025 (USD MILLION) 203

13.2.3.1  Solutions 203

TABLE 174               SOLUTIONS: CASH FLOW MANAGEMENT MARKET, BY REGION, 2018–2025 (USD MILLION)         203

13.2.3.2  Services  204

TABLE 175               SERVICES: CASH FLOW MANAGEMENT MARKET, BY TYPE 2018–2025 (USD MILLION) 204

TABLE 176               SERVICES: CASH FLOW MANAGEMENT MARKET, BY REGION, 2018–2025 (USD MILLION) 204

14             APPENDIX                 205

14.1         DISCUSSION GUIDE 205

14.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                208

14.3         CUSTOMIZATION OPTIONS      210

14.4         RELATED REPORTS 210

14.5         AUTHOR DETAILS     211