Bethesda, MD (PRWEB) September 27, 2007 -
Revenues for the debt collection industry are projected to grow at an annual rate of six percent - from $16.7 billion in 2006 to $22.2 billion in 2011 - according to new research from Kaulkin Ginsberg, the leading provider of M&A, strategic advice, and research to the Accounts Receivable Management (ARM) industry.
Full results of the original research have been published in the 7th edition of The Kaulkin Report, a biennial overview of the industry, available for purchase online exclusively on insideARM.com, the industry's leading web portal. The report provides projections on how the industry is expected to evolve over the next five years, based on expert analysis of U.S. collections markets and scores of interviews with ARM company owners and executives.
"This edition of The Kaulkin Report will provide carefully-informed predictions about where the industry is headed in coming years," said Michael Klozotsky, a Kaulkin Media Research Analyst.
U.S. consumers will hold $3.2 trillion in outstanding credit in 2011. That will impact thousands of ARM companies in various competitive markets who will be charged with assisting creditors to convert delinquent receivables into cash when consumers fail to meet their financial obligations.
This research predicts that the largest of those markets--contingency (or third party) collectors--will grow to earn revenues of $11.6 billion by 2011. Over the same period, the fastest-growing ARM market will be collection law firms, which the report forecasts will grow at a significant compound annual rate of 16 percent between 2006 and 2011.
For more information about the 7th edition of The Kaulkin Report: The Future of Receivables Management, visit http://www.insidearm.com/store/index.cfm?fuseaction=product.display&Product_ID=30
About Kaulkin Ginsberg Company:
Kaulkin Ginsberg is the leading strategic advisor for accounts receivable management (ARM). For ARM service providers, our value-add services focus on analysis, growth, and exit strategies. For credit grantors, our focus is on optimizing receivables management strategies.
Kaulkin Media provides news and information on the recovery of debt in all industries. We put the news in perspective, provide unique insight into challenges that face the industry, and facilitate collaboration among peer executives. Publications include http://www.insideARM.com ™, http://www.jobsinsideARM.com , The ARM Insider™, Bank/Credit Card News, and other monthly e-newsletters for the accounts receivable management (ARM) industry. Kaulkin Media's analyst group conducts sector-specific research that provides a level of authority and in-depth analysis not found anywhere else.
Michael R. Klozotsky
Analyst, Kaulkin Media
Tel: (301) 907-0840 ext. 123