The latest update of “Global Bankruptcy Software Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Bankruptcy Software Market.
Overview of the Bankruptcy Software Market:
There are many advantages to using bankruptcy software. It automates tasks and automates the filing of bankruptcy cases, so your staff will be able to focus on other tasks and achieving results. A midsize firm will have more than one location and 11 or more attorneys. A large firm may have several locations and many law professionals. Due to the size and case volume, the needs of a midsize firm are more complex than those of a small or solo practitioner. As such, bankruptcy software should include tools that eliminate manual tasks and free up time for administrative staff. Forms automation is a particularly useful feature in a software package.
Market Dynamics:
Increasing number of bankrupt companies is expected to propel growth of the global bankruptcy software market over the forecast period. For instance, in December 2021, Vewd Software USA, an Internet streaming technology company, filed for bankruptcy.
Emergence of Covid-19 has led to significant loss in various sectors, which has resulted in companies shutting down their operations. This in turn is expected to boost demand for bankruptcy software.
Major players operating in the global bankruptcy software market are focused on adopting merger and acquisition strategies to expand their product portfolio. For instance, in February 2021, Stretto acquired Acumen Recovery Services, LLC, a data-analysis and advisory firm for bankruptcy cases.
Major players operating in the global bankruptcy software market are also focused on adopting partnership strategies to enhance their market share. For instance, in May 2021, Altisource S.à r.l., a its subsidiary of Altisource Portfolio Solutions S.A., signed a binding term sheet with Ocwen Financial Corporation and Ocwen USVI Services, LLC extending default solutions that Altisource provides to Ocwen.
Key Takeaways:
- Increasing number of bankrupt companies is expected to propel growth of the global bankruptcy software market over the forecast period. For instance, in December 2021, Denmark-based Nordic Aviation Capital A/S filed for bankruptcy to overhaul about US$ 6 billion of debt.
- Major players operating in the global bankruptcy software market are focused on adopting integrated payments technologies to boost their service portfolio. For instance, in February 2021, Usio, Inc., an integrated electronic payment solutions provider, partnered with NextChapter to provide its Payfac-in-a-Box technology as their electronic payments solution provider.
- Major players operating in the global bankruptcy software market include, Stretto, Ruth Technology, National LawForms, Walter Oney Software, NextChapter, Altisource Solutions, QwikFile, The Standard Legal Network, and Fastcase
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Bankruptcy Software Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Bankruptcy Software Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- CINgroup
- Ruth Technology
- National LawForms
- Walter Oney Software
- Credit Infonet
- Altisource Solutions
- QwikFile
- The Standard Legal Network
- Fastcase
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Bankruptcy Software Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
By Applications, the market is segmented into:
- Small and Medium Enterprises (SMEs)
- Large Enterprises
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Bankruptcy Software Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Bankruptcy Software Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Bankruptcy Software Market
1.6.1 How the Covid-19 is Affecting the Bankruptcy Software Market
1.6.1.1 Bankruptcy Software Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Bankruptcy Software Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Bankruptcy Software Market Perspective (2015-2028)
2.2 Bankruptcy Software Market Growth Trends by Regions
2.2.1 Bankruptcy Software Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Bankruptcy Software Market Historic Market Share by Regions (2015-2021)
2.2.3 Bankruptcy Software Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Bankruptcy Software Market Growth Strategy
2.3.6 Primary Interviews with Key Bankruptcy Software Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Bankruptcy Software Market Players by Market Size
3.1.1 Global Top Bankruptcy Software Market Players by Revenue (2015-2021)
3.1.2 Global Bankruptcy Software Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Bankruptcy Software Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Bankruptcy Software Market Concentration Ratio
3.2.1 Global Bankruptcy Software Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Bankruptcy Software Market Revenue in 2019
3.3 Bankruptcy Software Market Key Players Head office and Area Served
3.4 Key Players Bankruptcy Software Market Product Solution and Service
3.5 Date of entering into Bankruptcy Software Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2028)
4.1 Global Bankruptcy Software Market Historic Market Size by Type (2015-2021)
4.2 Global Bankruptcy Software Market Forecasted Market Size by Type (2021-2028)
5 Bankruptcy Software Market Breakdown Data by Application (2015-2028)
5.1 Global Bankruptcy Software Market Size by Application (2015-2021)
5.2 Global Bankruptcy Software Market Forecasted Market Size by Application (2021-2028)
6 North America
6.1 North America Bankruptcy Software Market Size (2015-2021)
6.2 Bankruptcy Software Market Key Players in North America (2019-2021)
6.3 North America Bankruptcy Software Market Size by Type (2015-2021)
6.4 North America Bankruptcy Software Market Size by Application (2015-2021)
7 Europe
7.1 Europe Bankruptcy Software Market Size (2015-2021)
7.2 Bankruptcy Software Market Key Players in Europe (2019-2021)
7.3 Europe Bankruptcy Software Market Size by Type (2015-2021)
7.4 Europe Bankruptcy Software Market Size by Application (2015-2021)
8 China
8.1 China Bankruptcy Software Market Size (2015-2021)
8.2 Bankruptcy Software Market Key Players in China (2019-2021)
8.3 China Bankruptcy Software Market Size by Type (2015-2021)
8.4 China Bankruptcy Software Market Size by Application (2015-2021)
9 Japan
9.1 Japan Bankruptcy Software Market Size (2015-2021)
9.2 Bankruptcy Software Market Key Players in Japan (2019-2021)
9.3 Japan Bankruptcy Software Market Size by Type (2015-2021)
9.4 Japan Bankruptcy Software Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Bankruptcy Software Market Size (2015-2021)
10.2 Bankruptcy Software Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Bankruptcy Software Market Size by Type (2015-2021)
10.4 Southeast Asia Bankruptcy Software Market Size by Application (2015-2021)
11 India
11.1 India Bankruptcy Software Market Size (2015-2021)
11.2 Bankruptcy Software Market Key Players in India (2019-2021)
11.3 India Bankruptcy Software Market Size by Type (2015-2021)
11.4 India Bankruptcy Software Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Bankruptcy Software Market Size (2015-2021)
12.2 Bankruptcy Software Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Bankruptcy Software Market Size by Type (2015-2021)
12.4 Central & South America Bankruptcy Software Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Bankruptcy Software Market Introduction
13.4 Bankruptcy Software Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Bankruptcy Software Market Key Market Segments
Table 2. Key Players Covered: Ranking by Bankruptcy Software Market Revenue
Table 3. Ranking of Global Top Bankruptcy Software Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Bankruptcy Software Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Bankruptcy Software Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Bankruptcy Software Market Players to Combat Covid-19 Impact
Table 10. Global Bankruptcy Software Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Bankruptcy Software Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Bankruptcy Software Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Bankruptcy Software Market Share by Regions (2015-2021)
Table 14. Global Bankruptcy Software Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Bankruptcy Software Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Bankruptcy Software Market Growth Strategy
Table 20. Main Points Interviewed from Key Bankruptcy Software Market Players
Table 21. Global Bankruptcy Software Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Bankruptcy Software Market Share by Players (2015-2021)
Table 23. Global Top Bankruptcy Software Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Bankruptcy Software Market as of 2019)
Table 24. Global Bankruptcy Software Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Bankruptcy Software Market Product Solution and Service
Table 27. Date of entering into Bankruptcy Software Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Bankruptcy Software Market Size by Type (2015-2021) (Million US$)
Table 30. Global Bankruptcy Software Market Size Share by Type (2015-2021)
Table 31. Global Bankruptcy Software Market Revenue Market Share by Type (2021-2028)
Table 31. Global Bankruptcy Software Market Size Share by Application (2015-2021)
Table 33. Global Bankruptcy Software Market Size by Application (2015-2021) (Million US$)
Table 34. Global Bankruptcy Software Market Size Share by Application (2021-2028)
Table 35. North America Key Players Bankruptcy Software Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Bankruptcy Software Market Share (2019-2021)
Table 37. North America Bankruptcy Software Market Size by Type (2015-2021) (Million US$)
Table 38. North America Bankruptcy Software Market Share by Type (2015-2021)
Table 39. North America Bankruptcy Software Market Size by Application (2015-2021) (Million US$)
Table 40. North America Bankruptcy Software Market Share by Application (2015-2021)
Table 41. Europe Key Players Bankruptcy Software Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Bankruptcy Software Market Share (2019-2021)
Table 43. Europe Bankruptcy Software Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Bankruptcy Software Market Share by Type (2015-2021)
Table 45. Europe Bankruptcy Software Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Bankruptcy Software Market Share by Application (2015-2021)
Table 47. China Key Players Bankruptcy Software Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Bankruptcy Software Market Share (2019-2021)
Table 49. China Bankruptcy Software Market Size by Type (2015-2021) (Million US$)
Table 50. China Bankruptcy Software Market Share by Type (2015-2021)
Table 51. China Bankruptcy Software Market Size by Application (2015-2021) (Million US$)
Table 52. China Bankruptcy Software Market Share by Application (2015-2021)
Table 53. Japan Key Players Bankruptcy Software Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Bankruptcy Software Market Share (2019-2021)
Table 55. Japan Bankruptcy Software Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Bankruptcy Software Market Share by Type (2015-2021)
Table 57. Japan Bankruptcy Software Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Bankruptcy Software Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Bankruptcy Software Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Bankruptcy Software Market Share (2019-2021)
Table 61. Southeast Asia Bankruptcy Software Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Bankruptcy Software Market Share by Type (2015-2021)
Table 63. Southeast Asia Bankruptcy Software Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Bankruptcy Software Market Share by Application (2015-2021)
Table 65. India Key Players Bankruptcy Software Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Bankruptcy Software Market Share (2019-2021)
Table 67. India Bankruptcy Software Market Size by Type (2015-2021) (Million US$)
Table 68. India Bankruptcy Software Market Share by Type (2015-2021)
Table 69. India Bankruptcy Software Market Size by Application (2015-2021) (Million US$)
Table 70. India Bankruptcy Software Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Bankruptcy Software Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Bankruptcy Software Market Share (2019-2021)
Table 73. Central & South America Bankruptcy Software Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Bankruptcy Software Market Share by Type (2015-2021)
Table 75. Central & South America Bankruptcy Software Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Bankruptcy Software Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Bankruptcy Software Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Bankruptcy Software Market Share by Type: 2021 VS 2028
Figure 2. Global Bankruptcy Software Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Bankruptcy Software Market Report Years Considered
Figure 8. Global Bankruptcy Software Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Bankruptcy Software Market Share by Regions: 2021 VS 2028
Figure 10. Global Bankruptcy Software Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Bankruptcy Software Market Share by Players in 2019
Figure 13. Global Top Bankruptcy Software Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Bankruptcy Software Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Bankruptcy Software Market Revenue in 2019
Figure 15. North America Bankruptcy Software Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Bankruptcy Software Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Bankruptcy Software Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Bankruptcy Software Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Bankruptcy Software Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Bankruptcy Software Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Bankruptcy Software Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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