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Credit Bureaus & Rating Agencies in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Credit Bureaus & Rating Agencies Market Research Report | NAICS 56145 | Dec 2016

Credit score: High consumer spending and a rise in household debt will stimulate industry growth

IBISWorld’s Credit Bureaus & Rating Agencies market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 11-16
7.7%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
20,920
Businesses
1,079
Industry Threats & Opportunities
  • As unemployment falls, lending activity will rise, increasing industry demand
  • The industry still continues to face fallout related to the credit crisis
  • Improvements in the economy, particularly in regard to consumer spending, will drive growth
  • ... purchase to read more

Industry Analysis & Industry Trends

Over the past five years, the Credit Bureaus and Rating Agencies industry has fared relatively well considering its connection to consumer activity and, more explicitly, consumer spending. Over the five years to 2016, industry participants developed new products and expanded their reach into growing sectors. In the coming years, the industry is expected to continue to grow, albeit at a slower pace than the previous five-year period. The financial sector is also projected to stabilize and banks will likely lower their lending standards, though not to the same extent as the sector had prior to the recession... ... purchase to read more

Industry Report - Industry Investment Chapter

As discussed, the bulk of operating expenses is associated with wage and employee related costs. Despite requiring high level levels of labor, a moderate amount of capital is required to keep productivity high and minimize data errors. Consequently, the industry has a moderate level of capital intensity, with every $1.00 spent on wages matched by a $0.24 investment in capital.

Credit rating services are largely based on propriety technology and databases. Firms rely on software and comprehensive financial models to evaluate risks and determine credit ratings. Additionally, firms also need to store and maintain data for hundreds of millions of consumers and businesses. The.. ... purchase to read more

Additional Insights for the Credit Bureaus & Rating Agencies Industry

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

  • Level of security provided/used
  • Access to high quality inputs
  • Access to highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as Number of businesses and Aggregate household debt in the Credit Bureaus & Rating Agencies industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Credit Bureaus & Rating Agencies Industry?

    This industry comprises operators that provide information, outlooks and ratings on the credit worthiness of particular companies, individuals, securities or financial obligations. The Credit Bureaus & Rating Agencies industry can be divided into two primary groups: credit bureaus and credit rating agencies (CRAs). Credit bureaus provide services related to consumer credit information, while CRAs generally focus on businesses, governments, securities and financial markets.

    Industry Products
    Individual credit reports and rating servicesCommercial credit reports and rating servicesDebt collection and risk management servicesOther products and services
     
    Industry Activities
    Commercial credit reportingConsumer credit reportingMercantile credit reportingPerforming credit rating services, including government institutions and publicly traded corporationsCredit rating of financial institutionsCredit rating of debt securities and other structured finance instrumentsCredit investigation services


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Number of businesses
  • Aggregate household debt
  • National unemployment rate
  • S&P 500
  • Yield on 10-year Treasury note
  • Current Performance
  • Credit rating agencies
  • Credit bureaus
  • Chart: Revenue Growth
  • Industry Outlook
  • Credit bureaus and rating agencies bounce back
  • Regaining credibility
  • Competition
  • Firms make adjustments
  • Table: Credit Bureaus & Rating Agencies Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Credit Bureaus & Rating Agencies Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Utilities
  • Finance and Insurance
  • Real Estate and Rental and Leasing
  • Debt Collection Agencies
  • Public Administration
  • Key Selling Industries
  • Debt Collection Agencies
  • Finance and Insurance
  • Public Administration
  • Utilities
  • Products & Services
  • Individual credit reports and rating services
  • Commercial credit reports and rating services
  • Debt collection and risk management services
  • Other products and services
  • Chart: Credit Bureaus & Rating Agencies Industry Products and Services Segmentation
  • Demand Determinants
  • Credit bureaus
  • Credit rating agencies
  • Major Markets
  • Banks and other financial institutions
  • Mortgage originators
  • Consumers
  • Property managers
  • Telecommunication, utility and insurance companies
  • Collection agencies
  • Other
  • Chart: Major Market Segmentation for the Credit Bureaus & Rating Agencies Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Credit Bureaus & Rating Agencies
  • Basis of Competition
  • Credit bureaus
  • Credit rating agencies
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Credit Bureaus & Rating Agencies Industry
  • Industry Globalization
    Major Companies
    Experian PLC
    Equifax Inc.
    Moody's Corporation
    S&P Global Inc.
    Trans Union LLC
  • Table: Experian PLC - financial performance
  • Table: Equifax Inc. - financial performance
  • Table: Moody's Corporation - financial performance
  • Table: S&P Global Inc. - financial performance
  • Table: Trans Union LLC - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Credit Bureaus & 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
    Key Statistics
  • Table: Industry Data for the Credit Bureaus & Rating Agencies Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • S&P 500 (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Collateralized Debt Obligations (Cdos)
  • A type of debt security that is backed by a pool of bonds, loans and other assets. Payments, risks and values are derived from the underlying asset.
  • Credit Bureau Agency
  • A company that collects information from various sources and provides consumer credit information on individuals.
  • Credit Rating Agency (Cra)
  • A company engaged in the assessment and rating of the quality and risks of debt securities, companies or organizations.
  • Database Marketing
  • A form of direct marketing that uses databases of customers or potential customers to generate personalized communications.
  • Investment Grade
  • A bond that is considered suitable for the preservation of invested capital, or one that is rated within the top four categories by Moody's or Standard & Poor's.
  • Mortgage-Backed Securities (Mbss)
  • An investment instrument backed by mortgage loans. Payments, risks and values are derived from the underlying asset.
  • Recognized Statistical Rating Organization
  • An agency that issues credit ratings that the US Securities and Exchange Commission permits other financial firms to use for various purposes.
  • The Fair And Accurate Credit Transactions Act (Fac
  • An act allowing consumers to obtain a free yearly credit report from each of the three consumer credit reporting companies (Equifax, Experian and TransUnion). Also known as the FACT Act.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Credit Bureaus & 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 Bureaus & 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 Bureaus & 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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