Description

According to the Market Statsville Group (MSG), the global treasury management system (TMS) market size is expected to grow from USD 3,733.7 million in 2021 to USD 10,606.1 million by 2030, at a CAGR of 12.3% from 2022 to 2030. A treasury management system is software that automates the management of a company's finances. It automates the management of financial activities such as cash flow, assets, and investments for businesses. Therefore, the demand for such software increases in the market as it reduces financial inaccuracies and documentation errors. Furthermore, it reduced the time by automating and digitizing the financial processes, increasing its demand in the market.

COVID-19 Impact on the Global Treasury Management System (TMS) Market

The impact of COVID-19 on the global population cannot be underestimated. It has a negative impact on the global economy, and many businesses will need to rebuild for years.

As the public health and economic crises unfold, many companies have experienced massive debt and equity outflows from developing economies, accompanied by a drop in remittances and ripple effects on domestic finance.

Scope of the Global Treasury Management System (TMS) Market

The study categorizes the treasury management system market based on type, and application at the regional and global levels.

By Type (Revenue, USD Million, 2017-2030)

• Local Systems
• Cloud-Hosted Systems

By Application (Revenue, USD Million, 2017-2030)

• Large Enterprises
• SMEs
• Government

By Region Outlook (Revenue, USD Million, 2017-2030)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • France
  • UK
  • Spain
  • Poland
  • Russia
  • Slovenia
  • Slovakia
  • the Netherlands
  • Belgium
  • Norway
  • Denmark
  • Czech Republic
  • Sweden
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Indonesia
  • Malaysia
  • Thailand
  • Vietnam
  • The Philippines
  • Singapore
  • Australia & New Zealand
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Colombia
  • Rest of South America
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Northern Africa
  • Rest of MEA

The SMEs segment is witnessed to account for the highest market share by application

Based on the application, the global treasury management system market is divided into large enterprises, SMEs, and the government. In 2021, the SMEs segment accounted for the highest market share in the market. It improves their liquidity by streamlining and automating treasury processes. SMEs can make the most of their limited resources and grow their businesses more effectively using a TMS.

North America accounts for the highest market share during the forecast period

Globally, North America is estimated to hold the highest market share in the global treasury management system market during the forecast period. The region includes the countries such as the US, Canada, and Mexico. Due to increasing demand from enterprises, the growing business activities of banks and financial institutions, and the high adoption rate of TMS solutions among SMEs, North America is expected to hold the highest share.

Key Market Players in the Global Treasury Management System (TMS) Market

• Oracle
• Finastra
• Salmon Software Limited
• ACI Worldwide
• GTreasury
• Broadridge Financial Solutions
• Gresham Technologies
• Path Solutions
• Taulia
• Investopedia
• Intimus

Recent Developments

• In April 2022, IBSFINtech partnered with Oracle to enable digital transformation for customers with ERP and TMS solutions. They work to accelerate the digital transformation journey of their customers around the world with Oracle Fusion Cloud Enterprise Resource Planning (ERP) and IBSFINtech’s treasury management solution, TMS InTReaX.
• In June 2021, Finastra and Uni Systems collaborated to deliver treasury, payments, and risk solutions and services. Uni Systems brought Finastra treasury, risk, and payments software – Fusion Treasury, Fusion Risk, and Fusion Global PAYplus, respectively – to local markets with on-the-ground implementation and support services.

Key Issues Addressed

• What is the market size by various segmentation of the treasury management system by region and its respective countries?
• What are the customer buying behavior, key takeaways, and Porter's 5 forces of the treasury management system market?
• What are the key opportunities and trends for manufacturers involved in the treasury management system supply chain?
• What are the fundamental dynamics (drivers, restraints, opportunities, and challenges) of the market?
• What and how regulations, schemes, patents, and policies are impacting the growth of the market?
• What are the upcoming technological solutions influencing market trends? How will existing companies adapt to the new change in technology?
• The market player positioning, top winning strategies by years, company product developments, and launches will be?
• How has COVID-19 impacted the demand and sales of treasury management system in the global market? Also, the expected BPS drop or rise count of the market and market predicted recovery period.
• Detailed analysis of the competitors and their latest launch, and what are the prominent startups introduced in the target market? Also, detailed company profiling of 25+ leading and prominent companies in the market.