Credit Bureaux & Rating Agencies in the UK - Industry Market Research Report

Scores of struggles: Revenue edges downwards as the cost of borrowing climbs, but opportunities remain

The Credit Bureaux and Rating Agencies industry's revenue is forecast to contract at a compound annual rate of 3.5% over the five years through 2023-24 to £2.4 billion. Brexit significantly impacted the industry as credit bureaux and rating agencies were forced to reorganise or split off EU operations and ratings., limiting revenue generated in the UK. Many companies have increased their available services and the size of their rating databases, supporting revenue but increasing the importance of capital costs. Credit bureaux provide data and information used to assess the creditworthiness of consumers, individuals and businesses owned by a sole proprietor (where there is no distinction between business and owner). Credit rating agencies perform a similar function for larger companies, with a particular focus on debt securities that can be traded on secondary markets and the organisations that issue those securities. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.