Cash Management System Market Research Report - Global Forecast till 2027

Global Cash Management System Market Research Report: By Component [Software and Services (Managed Services and Professional Services {Installation Services, Training and Implementation Services and Other Support Services})], by Organization Size [SMEs, Large Enterprise] By Deployment Mode [Cloud, On-Premise], Product Type [Account Reconciliation, Controlled Disbursement, Automated Clearing House (ACH)/ Electronic Data Interchange (EDI), Demand Deposit Account (DDA), Wire Transfer, Information Reporting, Retail And Wholesale Lockbox, Check Clearing and Purchasing Card]), By End-user (Banks, Retail, Non-Banking Financial Corporations (NBFCs) and Commercial Enterprises)and Region [North America, Europe, Asia-Pacific, Middle East and Africa and South America] - Forecast till 2027

ID: MRFR/ICT/7130-HCR | February 2021 | Region: Global | 111 pages

Cash Management System Market Overview:
The Cash Management System Market Growth for 2025 is projected as 14.15 %. Digital transformation is changing the way the industry operates. The method of communication of banks and their operation are changing due to technologies. The rising focus on revenue and corporate operation is creating a need for advanced management programs. Strategic technologies are essential for effective cash management in the financial sector. Cash management is one such system that increases operational efficiency. The companies adopting the technology can achieve financial visibility.



The connected experience is a crucial factor for using a cash management system. It is a system that is automated and makes all the financial processes effortless. Extendibility of operations and real-time integration of data is possible through the system. Interbank cash management is one of the biggest advantages of the technology. More advanced features are introduced in this system every year. It is a technology that is under constant development. Good scalability and effectiveness of the technology drivers more demand for the market. Also, the Global Cash Management System Market value will reach 17.14 billion in 2025. 


Cash Management System Market Covid Analysis:
Covid 19 is causing deep disruptions for the global industries. Regardless of the industry, there are demand and supply challenges for the market. The cash management system market is affected due to the pandemic. The market operations are slowing down during this period. Productivity of the market and production is reducing. It is tough for the market to meet the ongoing demand.


There is also a considerable decline in demand. However, in 2021 the effects are less. The market is resuming its operations. Also, the demand rate is gradually increasing. However, in some regions, the adoption of the cash management system is higher. During the period the social distancing norms are strictly followed. In the finance sector, the cash management system helps to manage operations without more employees. Also, working from home is creating more need for the cash management system. 


Market Dynamics:
Crucial Market Drivers:
The need for centralized cash management software is driving the demand in this market. Today, the finance sector is focusing on efficiency and effective management of cash. As a result, many industries are rapidly adopting the cash management solution. The system lessens tee financial risks and increases Cash Management System Market Profit. Further, the need for automation in the financial sector is driving demand for the market.


Traditional systems and techniques of movement in the finance sector are not profitable. They are not suitable for the complex business environment. Wherewith cash management system any industry can reach operational efficiency. Quicker, safer and reliable tasks are possible through technology. Moreover, the smart-safe cash solution is increasing the scope of the market. Storing and administering physical cash is difficult.


However, with mobile wallets and payment apps storing digital cash is easy. Managing this cash is possible through cash management software. It is a crucial driver for the market; it increases the overall deployment rate. Also, the fast adoption of cloud-based technologies in financial instructions is another factor leading to growth. The market is receiving constant demand from all the crucial drivers of the market. Use to these drivers, the market growth and expansion rate is higher. 


Market Growth Opportunities:
The integration of artificial intelligence and machine learning will provide massive growth opportunities. AI and machine learning can lead to an accurate flow of money in the financial sector. Many enterprises will adopt AI and machine learning as integrating them into the financial system is seamless. The bank management system and managing ERP is easy with this technology. The AI and ML can take care of algorithms, vendor invoices, and process data; manage bank statements, cash flows effectively.

Also, all these operations take place without any error through these interactions. Money handling problems are solved through AI and ML. machine learning can help the cash management system adapt to new techniques. It can work according to the changes in the financial sector. Humans can take time to adapt to new financial rules. However, with AI and ML the, cash management system can easily learn new techniques. The Cash Management System Market Size will grow due to all these exceptional growth opportunities. 


The Market Restraints:
Lack of awareness about the cash management system is a major restraint in the market. The adoption of this technology is rising in developed regions. Still, the lack of awareness is more for this market. Most industries are unaware of the benefits and uses of this technology.

Many industries have a high need for cash management software. However, they have no awareness about the existence of this technology. Lack of product awareness is a restraining factor of the market. The market demand can remain stagnant due to less awareness. Also, less expansion rate can affect the market growth.


The Market Challenges:
The increasing concerns of cyber attacks and data theft is a major challenge in this market. Cyber threats quickly damage software and create revenue losses. As there is more development in management software the cyber attacks are also increasing. More advanced cyber attacks pose a massive challenge for the market.

Further, the rate of cyber threats is more for cash management software as it is related to finance. Accessing cash information, details and bank information can lead to severe losses. As per the world economic forum more the 1 trillion dollars of wastage is recorded due to cyber attacks. The need of rescuing financial data is higher. Due to these concerns, the adoption rate of cash management system is affected. 


The Cumulative Growth Analysis:
The Cash Management System Market Trends looks promising in the forecast period. The crucial drivers such as the need for central cash management system launch of mobile wallets are increasing demand. Also, the higher adoption of cloud technology in the finance sector is fuelling market revenue.

These crucial drivers will lead to more opportunities and expansion possibilities for the market. Few factors restricting the market growth are the lack of awareness about the system. Data breaches and cyber-attacks concerns are significant market challenges. However, the integration of AI and ML will lead to lucrative growth opportunities for the market. The Cash Management System Market Analysis shows a steady growth rate. 


The Value Chain Analysis:
Europe will dominate with the highest Cash Management System Market Share. The presence of Cash Management System Market Top Leaders will contribute to growth. The awareness about the cash management system is high in this region.

Also, the financial industry has a high demand for a central cash management system. The adoption of this technology is rapid to achieve operational efficiency. Also, the demand is higher to prevent financial risks. Cash management software is easy to integrate into financial institutions in Europe. Using new technologies and systems the deployment of software is affectless. It is regions with high revenue rate in the forecast period. 


Cash Management System Market Segment Overview:
By Component:



  • Services 

  • Software 


By Product Type: 



  • Check to clear 

  • Purchasing card 

  • Retail and wholesale market 

  • Account reconciliation 

  • Controlled disbursement 

  • Information reporting 

  • Wire transfer 

  • Automated clearing 

  • Demand deposit account 


By Deployment:



  • On-premise 

  • Cloud 


By Enterprise:



  • Small-medium size enterprise 

  • Large scale enterprise 


By End-User:



  • Retail 

  • Bank 

  • Non-banking services 


By Region:



  • Europe 

  • Asia pacific 

  • North America 

  • Middle East Africa 


Cash Management System Market Competitive Landscape:
The competition in the cash management system market is moderate. Market expansion and acquisitions are part of the competitive landscape. The software development new features will be introduced to the system. 


Cash Management System Market Regional Analysis:
The cash management system is fragmented into Asia Pacific, Europe, and North America. Europe dominates the overall cash management market. The adoption of advanced technologies is massive in this region. The growth opportunities in this region are massive. The Asia Pacific will emerge as the fastest-growing cash management system market.


Automation in industries is growing in the Asia Pacific region. Liquidity management, billing, record keeping and other management tasks increase the demand for cash systems in Asia pacific. Also, India and Japan are the key regions to adopt cash management systems. These are the key regional players contributing to the high revenue of the Cash Management System Business. 


The key players of the cash management system market are 



  • Intimus International Group

  • Infosys Limited

  • Finastra Group Holdings Limited 

  • Giesecke & Devrient GmbH

  • Aurionpro Solutions Limited

  • Giesecke & Devrient GmbH

  • HCL Technologies Ltd. 

  • Glory Ltd

  • NTT Data Corporation


Recent Developments:
The key players of the market are partnering with prominent banks. It enables more demand and awareness about the cash management system. 

The partnership with SMEs is advantageous for the cash management system. It provides insight and simplified banning procedures. 


Report Overview:



  • Market overview highlights 

  • Analysis based upon COVID 19

  • Explanation upon the Market Dynamics

  • Value chain analysis

  • Market segmentation overview

  • The regional analysis

  • Competitive landscape analysis

  • Recent Developments



Report Scope:
Report Attribute/Metric Details
  Market Size

  • USD 17.14 Billion (2018)
  • USD 40.10 Billion (2025)
  •   CAGR   14.15% (2019-2025)
      Base Year   2019
      Forecast Period   2020-2027
      Historical Data   2018
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   By Component, by Organization Size
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   NTT Data Corporation (Japan), Glory Global Solution (UK), Alvara Cash Management Group AG (Germany), SAGE Intacct (US), Ardent Leisure Management Limited (Australia), CMS.COM (India), Nucleus Software Exports Ltd (India), Sopra Banking Software SA (France), Oracle Corporation (US), Giesecke+Devrient GmBH (Germany), National Cash Management Systems (NCMS) (US), AurionPro Solution (India), Acumatica, Inc. (US), in times (Germany), and Evry (Norway)
      Key Market Opportunities   The leading market players operating in the global cash management system market are observing major opportunities from the increasing demand for cash management systems in the retail industry.
      Key Market Drivers   Increase in the adoption of cloud-based automated solutions and the surge in the utilization of cashless transactions and investments by the banking sector cash management software are the driving factors for the growth of the market.


    Frequently Asked Questions (FAQ) :


    The global cash management system market is anticipated to account for a substantial revenue generation of USD 40.10 billion by 2025, from USD 17.14 billion in 2018, expanding at a considerable CAGR of 14.15% over the review period (2019-2025).

    The leading market players operating in the global cash management system market are observing major opportunities from the increasing demand for cash management systems in the retail industry.

    The global cash management system market segmentation is conducted based on component, product type, deployment model, organization size, end-user, and region.

    The regional analysis of the global cash management system market is carried out in four major regions, including North America, the Asia Pacific, Europe, and the rest of the world (including the Middle East and Africa, and Latin America).

    The report estimates the fastest growth in the Asia Pacific, and a steady rise in North America and Europe, wherein North America is slated to witness the largest market share. Furthermore, the rest of the world region is anticipated to observe a gradual market growth over the forecast period.