In 2023, the production in the activities of collection agencies and credit bureaus sector in Italy stood at €2.01 billion. Looking at the forecasted data, the sector is expected to grow steadily from 2024 to 2028, with an increase of €0.05 billion per year, reaching €2.26 billion by 2028. The year-on-year growth rate is consistent at approximately 2.4% annually, reflecting a clear upward trend. The compound annual growth rate (CAGR) for the five-year period from 2024 to 2028 is projected to be around 2.4%.
Future trends to watch for include:
- The impact of technological advancements and digital transformation within the sector.
- Potential regulatory changes affecting credit and collection practices in the European Union.
- Market responses to economic fluctuations and how national or international economic conditions may influence credit risk assessments and recovery processes.