Experian Case Analysis

Experian Case Study Executive Summary: Experian is a credit reference agency that allows lenders such as banks and credit card companies to share information about customer's credit account. The lender can then use the information to assess and repute the individual's reputation. Although there is no mention of imminent competitors, the company has diversified into a service - CreditExpert, using advocates familiar with the Internet and its technology.

With respect to the relatively mature credit reporting market in the United States, Data Yuan experts analyzed that the three major credit reporting institutions Equifax, Experian and TransUnion are leading the credit reporting industry and the three-party conflict situation Formation. More than 1,000 small credit reporting companies play a role in the market segment. Each of the three credit reporting agencies has approximately 250 million Americans' credit report, and the US population is over 300 million. In other words, these reports cover all American adults. How big is the US credit reporting market? Since the total revenue of the three companies in the US in 2016 was about $ 45.6 billion in the US, it can be estimated that the US credit report market is between $ 5 billion and $ 6 billion.

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Experian plc is a consumer credit reporting agency. Experian collects and aggregates information from more than 1 billion individuals and companies, including 233 million US consumers and more than 25 million US companies. Headquartered in Dublin, Ireland, we operate in 37 countries and our headquarters are in the UK, USA and Brazil. In 2018, the number of employees is approximately 17,000 people, and the revenue is $ 4.6 billion. It is listed on the London Stock Exchange and is a component of the FTSE 100 index. Experian is a British government partner to verify ID system and USPS address verification. Together with TransUnion and Equifax, it is one of the "Big Three" credit reporting agencies.