Second-rate performance: Uncertainty is likely to cause revenue to fall over the next five years

Credit bureaux and rating agencies collect, store and manage data about consumers and businesses. The industry is responsible for mitigating risk, regulating activity and standardising information for its clients, which include investors, credit issuers, investment banks, broker-dealers, governments and the public. The industry can be divided into two segments: credit bureaux and credit rating agencies (CRAs). Credit bureaux help lenders assess the creditworthiness of prospective customers by collecting information on consumers' borrowing and repayment history. CRAs evaluate risk and assign ratings to various credit issuers and debt instruments...read more.

Industry Statistics & Market Size
Revenue
£2.5bn
Annual Growth 14-19
1.7%
Forecast Growth 19-24
Profit
Employment
17,864
Businesses
124

Industry Threats & Opportunities

  • The low interest rate environment encouraged demand for debt securities, supporting demand
  • Rising regulatory requirements have placed pressure on revenue, limiting its expansion
  • Weak demand for credit is expected to lower demand for the services of credit bureaux
  • Industry Report - Starting a New Business Chapter

    New entrants face high barriers to entering the industry because it is highly concentrated and larger players benefit from capitalising on scale economies. Large firms that have operated in the industry for many years have had time to build their brand and reputation. This means they are protected from new competitors by practical rather than regulatory barriers. Their reputation and proprietary knowledge enable them to maintain significant market shares. A reputable operator's credit rating is well regarded in the marketplace for companies that use credit ratings to make decisions. New entrants must establish a good reputation, which takes time and accurate analysis.The credit rating agencies segment is likely to face regulatory changes over the next five years. Aft...purchase to read more.

    Additional Insights for the Credit Bureaux & Rating Agencies Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Credit Bureaux & Rating Agencies Industry are

  • Access to high quality inputs
  • Level of security provided/used
  • Having a good reputation
  • IBISWorld analysts also discuss how external factors such as year bond rate and Ratio of household debt to disposable income in the Credit Bureaux & Rating Agencies industry impact industry performance..

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    What's in this report

    What is the Credit Bureaux & Rating Agencies Industry?

    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 tradedon secondary markets and the organisations that issue those securities.

    Industry Products
  • Corporate and sovereign debt rating
  • Consumer credit reporting
  • Commercial credit reporting
  • Industry Activities
  • Providing consumer credit information
  • Providing business credit information
  • Rating corporate debt security
  • Rating government debt security
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • year bond rate
  • Ratio of household debt to disposable income
  • Equity capital raisings
  • Consumer confidence index
  • Business capital expenditure

  • Current Performance
  • An interesting period
  • Bond market
  • Growing interest
  • Rating agencies criticism
  • Establishment growth
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand declines
  • Rising regulation
  • Table: Credit Bureaux & Rating Agencies Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Credit Bureaux & Rating Agencies Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Electricity, Gas, Steam and Air Conditioning Supply
  • Financial and Insurance Activities
  • Real Estate Activities
  • Debt Collection Agencies
  • Public Administration and Defence; Compulsory Social Security

  • Key Selling Industries
  • Debt Collection Agencies
  • Electricity, Gas, Steam and Air Conditioning Supply
  • Public Administration and Defence; Compulsory Social Security

  • Products & Services
  • Corporate and sovereign debt rating
  • Consumer credit reporting
  • Commercial credit reporting
  • Chart: Credit Bureaux & Rating Agencies Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Banks and building societies
  • Non-financial companies
  • Non-depository finance companies
  • Utilities, telecommunications and insurance firms
  • Governments
  • Chart: Major Market Segmentation for the Credit Bureaux & Rating Agencies Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesOther
  • Chart: Cost Structure Benchmarking – Sector vs Credit Bureaux & Rating Agencies

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Credit Bureaux & Rating Agencies Industry

  • Industry Globalization
    Standard & Poor's Credit Market Services Europe Ltd, Moody's Investors Service Ltd, Fitch Ratings Ltd, Experian Ltd,
  • Table: Standard & Poor's Credit Market Services Europe Ltd - financial performance
  • Table: Moody's Investors Service Ltd - financial performance
  • Table: Fitch Ratings Ltd - financial performance
  • Table: Experian Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Credit Bureaux & Rating Agencies Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Credit Bureaux & Rating Agencies Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Covered Bond
  • A bond that is backed by mortgages or cash flows from other debt, usually from the public sector.
  • Credit Bureau
  • A company that collects information on individuals' borrowing and debt repayment habits to assign a credit rating.
  • Credit Rating
  • An indicator of the creditworthiness of an individual, corporation, financial product or country, based on an evaluation of the borrower's credit history.
  • Credit Rating Agency
  • A company that assesses and rates the quality and risks of debt securities, companies or organisations.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Credit Bureaux & Rating Agencies market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
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    This report on Credit Bureaux & Rating Agencies:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Credit Bureaux & Rating Agencies market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Credit Bureaux & Rating Agencies, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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