South Korea Factoring Market Insights, Analysis, Forecasts to 2035
According to a research report published by Spherical Insights and Consulting, The South Korea Factoring Market Size is expected to grow 5.90% CAGR from 2024 to 2035, is expected to reach a significant share by 2035. One of the main factors propelling the market include South Korea's rapid economic growth, the rise in small and medium-sized businesses (SMEs), the incorporation of new technologies, the introduction of government initiatives that support them, and the growing significance of credit risk management.