ID: MRFR/ICT/8904-HCR | 141 Pages | Author: Ankit Gupta | May 2023
Cash Flow Market is expected to reach up to USD 0.51 Billion and register a 6.40% CAGR during forecast period 2022–2030.
Cash Flow Market is expected to reach a decent growth in income in the upcoming period. Cash flow management is a process of monitoring, analyzing, and optimizing the net amount of cash. It maintains control over the inflow and outflow of funds. This process of cash inflows and outflows determines a business' solvency. Cash flow management software delivers a quick, safe, and effective solution to the various industry such as the banking sector, information technology (IT) and information technology-enabled services (ITes), construction and real estate, retail and e-commerce, manufacturing, government and non-profit organizations, and the healthcare & travel industry to improve their cash management and optimize their working capital. Cash Flow Market is expected to reach USD USD 0.51 Billion by 2030 growing at a CAGR of 6.40% during the forecast period, 2022–2030
The growth can be attributed to the increase in the e-commerce sector and the increase in the adoption of cloud-based banking solutions. Cloud-based cash management systems maximize liquidity, optimize capital, and manage risk. The integration of machine learning (ML) and artificial intelligence (AI) techniques in the financial sector is anticipated to propel market growth. These techniques help businesses by providing accurate money flow forecasts. These integrated solutions are widely adopted by several enterprises. However, increasing cyberattacks and data theft are expected to hamper market growth during the forecast period.
Impact of COVID-19
The cash flow market is substantially affected due to the increasing pandemic situation of COVID-19 across the world. Fluctuating consumer preferences and behavior due to the changing global pandemic scenario will considerably influence the cash flow market over the projected timeframe. For instance, in March 2020, the World Health Organization (WHO) announced the Covid-19 as a global pandemic resulting in several countries under lockdown. There is a high probability that the novel coronavirus outbreak will have a long-term effect on consumer lifestyle and behavior. COVID-19 has had a significant impact on all aspects of daily life and businesses. The COVID-19 outbreak is creating economic hardships for enterprises and consumers across the globe. Business leaders are facing immediate challenges, including managing their cash flow. Henceforth, the increasing need for cash flow management software as it keeps track of cash flow and analyzes any changes with it. This creates an opportunity for cash flow management software. During the pandemic situation. Moreover, the gradually increasing adoption of big data and analytics capabilities and cash flow solutions to gain financial insights and prepare for the future increase the demand for cash flow market
Global Cash Flow Market has been segmented based on Components, Deployment, Organization Size, Vertical, and Region.
Based on Component, the global cash flow industry has been segmented into solutions and services. Furthermore, the service segment is sub-segmented into consulting services, implementation services, and support services.
Based on Deployment, the global cash flow market has been bifurcated into on-premises and cloud.
Based on Organization Sizes, the global cash flow market has been divided into small and medium enterprises (SMEs) and professionals.
Based on Vertical, the global cash flow market has been segmented into banking, financial services, and insurance (BFSI), information technology (IT) and information technology-enabled services (ITes), construction and real estate, retail and e-commerce, manufacturing, government and non-profit organizations, healthcare, and others. Furthermore, the others segment is subdivided into utilities, education, and travel and hospitality.
Geographically, the Cash Flow Market has been segmented into Asia-Pacific, North America, Europe, the Middle East & Africa, and South America.
North America held the largest share in the cash flow market, followed by the regions of Asia- Pacific and Europe; it is expected to continue to retain its dominance throughout the forecast period. In North America, the increasing adoption of cloud and IoT and the emergence of technologies, such as AI, ML, BI, and data analytics, fuels the market growth. This growth can be attributed to the presence of prominent market players, such as Intuit, Anaplan, Planguru, Pulse, Finagraph, Dryrun, Finsync, Cash Flow Mojo, and Runway.
Asia-Pacific occupied the second position in the market. For the purpose of this study, the region has been segmented into China, India, Japan, and the rest of Asia-Pacific. The cash flow market in this region is expected to grow due to the rising demand for money management systems.
The Key Players of the Global Cash Flow Market are Agicap (France), Calqulate (Finland), Cashbook (Ireland), Cashforce (Belgium), Caflou (Czech Republic), Xero (New Zealand), Anaplan (US), Sage (UK), Float (UK), Intuit (US), Planguru (US), Dryrun (Canada), Pulse (US), Cash Analytics (Ireland), Fluidly (UK), Finagraph (US), Cashflowmapper (Australia), Finsync (US), Cashflow Manager (Australia), Cash Flow Mojo (US), BeyondSquare Solutions (India), Calxa (Australia), CashflowCafe (England), Futrli (UK), Vistr (Australia), and Runway (US).
Key Industry Developments
On Apr.06, 2023, Agicap announced its partnership with fintech Banxware to boost the development of liquidity planning and immediate financing for SMEs. Agicap aims to centralize users' cash flow monitoring on its solution by automatically synchronizing and categorizing all their banking transactions. Under the partnership, Agicap and Banxware would boost corporate finance and create significantly better customer experiences.
This will allow Agicap customers to receive tailor-made financing options using Banxware's technology. Agicap has been developing cloud-based liquidity management and financial planning solutions to enable small and medium-sized companies to automate their cash flow in real-time and facilitate payment flows. In Sept. 2022, the company expanded its platform by adding Cash Collect, a payment function to simplify paying bills.
On Jan.09, 2023, BBVA announced its partnership with BAC Credomatic to expand its cash flow management services to Central America. The partnership will benefit both banks' clients with expanded geographical coverage for their cash management operations. Using BBVA Pivot, their clients would be able to make payments and transfers across their subsidiaries, customers, and suppliers using the same cash management solution across six new Central American countries.
On Oct. 25, 2022, Integration & automation solution provider TradeCentric and expense management solution provider Coupa announced a collaboration to boost the development of eProcurement Solutions. The new software will help businesses discover solutions to optimize their cash flow and reduce risk.
TradeCentric is dedicated to providing its customers with a streamlined and integrated B2B commerce experience. The collaboration will enable TradeCentric to strengthen its presence on the Coupa App Marketplace platform connecting businesses with certified function solutions across the supply chain, procurement, and finance.
On Aug. 22, 2022, Coupa, a leading business spend/expense management platform provider, announced the expansion of its treasury solutions. The company has added new cash visibility features to Coupa Treasury products to allow customers to gain better visibility into their cash position & cash projection. The addition will provide a complete view of cash flow and spending across treasury & finance and procurement & supply chain.
Global Cash Flow Market, 2018 - 2026 (USD Billion)
Key Questions Addressed by the Report
|Market Size||USD 0.51 Billion|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Components, Size|
|Geographies Covered||North America, Europe, Asia-Pacific|
|Key Vendors||Agicap (France) Calqulate (Finland) Cashbook (Ireland) Cashforce (Belgium) Caflou (Czech Republic) Xero (New Zealand) Anaplan (US) Sage (UK) Float (UK) Intuit (US) Planguru (US) Dryrun (Canada) Pulse (US) Cash Analytics (Ireland) Fluidly (UK) Finagraph (US) Cashflowmapper (Australia) Finsync (US) Cashflow Manager (Australia) Cash Flow Mojo (US) BeyondSquare Solutions (India) Calxa (Australia) CashflowCafe (England) Futrli (UK) Vistr (Australia) Runway (US)|
|Key Market Opportunities|
|Key Market Drivers||Cash flow management software delivers a quick safe|
Cash Flow Market is Likely to Reach a Valuation of USD 0.51 Billion with 6.40% CAGR by 2030.
Increasing cyberattacks and data theft are major headwinds restricting the growth of the global cash flow market.
Cloud-based deployment is the largest segment in the global cash flow market.
Calqulate (Finland), Agicap (France), Cashbook (Ireland), Caflou (Czech Republic), Cashforce (Belgium), Xero (New Zealand), Sage (UK), Anaplan (US), Float (UK), Planguru (US), Intuit (US), Dryrun (Canada), Cash Analytics (Ireland), Pulse (US), Fluidly (UK), Cashflowmapper (Australia), Finagraph (US), Finsync (US), Cash Flow Mojo (US), Cashflow Manager (Australia), BeyondSquare Solutions (India), CashflowCafe (England), Calxa (Australia), Futrli (UK), Runway (US), and Vistr (Australia), are some of the top players operating in the global cash flow market.
North America is expected to hold the highest market share in the global cash flow market.
Key Questions Answered
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