INDUSTRY OVERVIEW
The Mortgage market is experiencing robust growth, projected to achieve a compound annual growth rate CAGR of 4% during the forecast period. Valued at 12Trillion, the market is expected to reach 16Trillion by 2030, with a year-on-year growth rate of . This upward trajectory is driven by factors such as evolving consumer preferences, technological advancements, and increased investment in innovation, positioning the market for significant expansion in the coming years. Companies should strategically focus on enhancing their offerings and exploring new market opportunities to capitalize on this growth potential.
Mortgage Market Size in (USD Trillion) CAGR Growth Rate 4%
| Study Period |
2019-2030 |
| Market Size (2023): |
12Trillion |
| Market Size (2030): |
16Trillion |
| CAGR (2023 - 2030): |
4% |
| Fastest Growing Region |
Asia-Pacific |
| Dominating Region |
North America |
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A mortgage is a financial arrangement in which a borrower receives a loan to purchase a property, with the loan being secured against the value of that property. Typically used for home buying, mortgages involve the borrower agreeing to repay the loan amount plus interest over a set period, which can range from 15 to 30 years. The lender, often a bank or mortgage institution, holds the legal right to the property until the loan is fully repaid. Mortgages come in various types, including fixed-rate, where the interest rate remains the same throughout the loan term, and adjustable-rate, where the interest rate can change based on market conditions. Other types include interest-only mortgages, which allow the borrower to only pay interest for a set period, and reverse mortgages, which are available to seniors and allow them to convert home equity into loan funds. Mortgages are essential for making homeownership accessible to many people, providing them with the ability to spread the cost of the property over time. Mortgage terms, rates, and conditions vary widely depending on factors such as the borrower’s creditworthiness, the size of the loan, and prevailing market conditions.
Regulatory Framework
The Information and Communications Technology (ICT) industry is primarily regulated by the Federal Communications Commission (FCC) in the United States, along with other national and international regulatory bodies. The FCC oversees the allocation of spectrum, ensures compliance with telecommunications laws, and fosters fair competition within the sector. It also establishes guidelines for data privacy, cybersecurity, and service accessibility, which are crucial for maintaining industry standards and protecting consumer interests.
Globally, various regulatory agencies, such as the European Telecommunications Standards Institute (ETSI) and the International Telecommunication Union (ITU), play significant roles in standardizing practices and facilitating international cooperation. These bodies work together to create a cohesive regulatory framework that addresses emerging technologies, cross-border data flow, and infrastructure development. Their regulations aim to ensure the ICT industry's growth is both innovative and compliant with global standards, promoting a secure and competitive market environment.
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Key Highlights
• The Mortgage is growing at a CAGR of 4% during the forecasted period of 2019 to 2030
• Year on Year growth for the market is
• Based on type, the market is bifurcated into Financial Services, Real Estate, Banking, Lending
• Based on application, the market is segmented into Homeownership, Real Estate Investment, Financial Planning, Debt Management, Financial Stability
• Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice
Market Segmentation Analysis
Segmentation by Type
- Financial Services
- Real Estate
- Banking
- Lending
Mortgage Market Segmentation by Type
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Segmentation by Application
- Homeownership
- Real Estate Investment
- Financial Planning
- Debt Management
- Financial Stability
Mortgage Market Segmentation by Application
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Key Players
Several key players in the Mortgage market are strategically focusing on expanding their operations in developing regions to capture a larger market share, particularly as the year-on-year growth rate for the market stands at . The companies featured in this profile were selected based on insights from primary experts, evaluating their market penetration, product offerings, and geographical reach. By targeting emerging markets, these companies aim to leverage new opportunities, enhance their competitive advantage, and drive revenue growth. This approach not only aligns with their overall business objectives but also positions them to respond effectively to the evolving demands of consumers in these regions.
- Wells Fargo
- JPMorgan Chase
- Quicken Loans
- Bank of America
Mortgage Market Segmentation by Players
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Research Methodology
At HTF Market Intelligence, we pride ourselves on delivering comprehensive market research that combines both secondary and primary methodologies. Our secondary research involves rigorous analysis of existing data sources, such as industry reports, market databases, and competitive landscapes, to provide a robust foundation of market knowledge. This is complemented by our primary research services, where we gather firsthand data through surveys, interviews, and focus groups tailored specifically to your business needs. By integrating these approaches, we offer a thorough understanding of market trends, consumer behavior, and competitive dynamics, enabling you to make well-informed strategic decisions. We would welcome the opportunity to discuss how our research expertise can support your business objectives.
Market Dynamics
Market dynamics refer to the forces that influence the supply and demand of products and services within a market. These forces include factors such as consumer preferences, technological advancements, regulatory changes, economic conditions, and competitive actions. Understanding market dynamics is crucial for businesses as it helps them anticipate changes, identify opportunities, and mitigate risks.
By analyzing market dynamics, companies can better understand market trends, predict potential shifts, and develop strategic responses. This analysis enables businesses to align their product offerings, pricing strategies, and marketing efforts with evolving market conditions, ultimately leading to more informed decision-making and a stronger competitive position in the marketplace.
Market Driver
- Emerging Markets
- Specialized Mortgage Products
Market Trend
- Digital Mortgage Applications
- Online Mortgage Approval
Opportunity
- Emerging Markets
- Specialized Mortgage Products
Challenge
- Interest Rate Fluctuations
- Economic Uncertainty
Regional Outlook
The North America Region holds the largest market share in 2023 and is expected to grow at a good CAGR. The Asia-Pacific Region is the fastest-growing region due to increasing development and disposable income.
North America remains a leader, driven by innovation hubs like Silicon Valley and a strong demand for advanced technologies such as AI and cloud computing. Europe is characterized by robust regulatory frameworks and significant investments in digital transformation across sectors. Asia-Pacific is experiencing rapid growth, led by major markets like China and India, where increasing digital adoption and governmental initiatives are propelling ICT advancements.
The Middle East and Africa are witnessing steady expansion, driven by infrastructure development and growing internet penetration. Latin America and South America present emerging opportunities, with rising investments in digital infrastructure, though challenges like economic instability can impact growth. These regional differences highlight the need for tailored strategies in the global ICT market.
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
Asia-Pacific
Dominating Region
North America
|
Report Features
|
Details
|
|
Base Year
|
2023
|
|
Based Year Market Size (2023)
|
12Trillion
|
|
Historical Period Market Size (2019)
|
10Trillion
|
|
CAGR (2023 to 2030)
|
4%
|
|
Forecast Period
|
2025 to 2030
|
|
Forecasted Period Market Size (2030)
|
16Trillion
|
|
Scope of the Report
|
Financial Services, Real Estate, Banking, Lending, Homeownership, Real Estate Investment, Financial Planning, Debt Management, Financial Stability
|
|
Regions Covered
|
North America, Europe, Asia Pacific, South America, and MEA
|
|
Year on Year Growth
|
|
|
Companies Covered
|
Wells Fargo, JPMorgan Chase, Quicken Loans, Bank of America
|
|
Customization Scope
|
15% Free Customization (For EG)
|
|
Delivery Format
|
PDF and Excel through Email
|
Mortgage - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Mortgage Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Mortgage Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Mortgage Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Emerging Markets
- 3.1.2 Specialized Mortgage Products
-
3.2 Available Opportunities
-
3.3 Influencing Trends
-
3.4 Challenges
- 3.5 Regional Dynamics
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Chapter 4 : Global Mortgage Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Mortgage Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: Mortgage : Competition Benchmarking & Performance Evaluation
- 5.1 Global Mortgage Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Mortgage Revenue 2023
- 5.3 BCG Matrix
- 5.3 Market Entropy
- 5.4 Strategic Group Analysis
- 5.5 5C’s Analysis
Chapter 6: Global Mortgage Market: Company Profiles
- 6.1 Wells Fargo
- 6.1.1 Wells Fargo Company Overview
- 6.1.2 Wells Fargo Product/Service Portfolio & Specifications
- 6.1.3 Wells Fargo Key Financial Metrics
- 6.1.4 Wells Fargo SWOT Analysis
- 6.1.5 Wells Fargo Development Activities
- 6.2 JPMorgan Chase
- 6.3 Quicken Loans
- 6.4 Bank Of America
- 6.5 U.S. Bank
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Sectional Purchase
Chapter 7 : Global Mortgage by Type & Application (2019-2030)
-
7.1 Global Mortgage Market Revenue Analysis (USD Million) by Type (2019-2023)
- 7.1.1 Financial Services
- 7.1.2 Real Estate
- 7.1.3 Banking
- 7.1.4 Lending
- 7.1.5 Finance
-
7.2 Global Mortgage Market Revenue Analysis (USD Million) by Application (2019-2023)
- 7.2.1 Homeownership
- 7.2.2 Real Estate Investment
- 7.2.3 Financial Planning
- 7.2.4 Debt Management
- 7.2.5 Financial Stability
-
7.3 Global Mortgage Market Revenue Analysis (USD Million) by Type (2023-2030)
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7.4 Global Mortgage Market Revenue Analysis (USD Million) by Application (2023-2030)
Chapter 8 : North America Mortgage Market Breakdown by Country, Type & Application
- 8.1 North America Mortgage Market by Country (USD Million) [2019-2023]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Mortgage Market by Type (USD Million) [2019-2023]
- 8.2.1 Financial Services
- 8.2.2 Real Estate
- 8.2.3 Banking
- 8.2.4 Lending
- 8.2.5 Finance
-
8.3 North America Mortgage Market by Application (USD Million) [2019-2023]
- 8.3.1 Homeownership
- 8.3.2 Real Estate Investment
- 8.3.3 Financial Planning
- 8.3.4 Debt Management
- 8.3.5 Financial Stability
- 8.4 North America Mortgage Market by Country (USD Million) [2024-2030]
-
8.5 North America Mortgage Market by Type (USD Million) [2024-2030]
-
8.6 North America Mortgage Market by Application (USD Million) [2024-2030]
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Sectional Purchase
Chapter 9 : LATAM Mortgage Market Breakdown by Country, Type & Application
- 9.1 LATAM Mortgage Market by Country (USD Million) [2019-2023]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Mortgage Market by Type (USD Million) [2019-2023]
- 9.2.1 Financial Services
- 9.2.2 Real Estate
- 9.2.3 Banking
- 9.2.4 Lending
- 9.2.5 Finance
-
9.3 LATAM Mortgage Market by Application (USD Million) [2019-2023]
- 9.3.1 Homeownership
- 9.3.2 Real Estate Investment
- 9.3.3 Financial Planning
- 9.3.4 Debt Management
- 9.3.5 Financial Stability
- 9.4 LATAM Mortgage Market by Country (USD Million) [2024-2030]
-
9.5 LATAM Mortgage Market by Type (USD Million) [2024-2030]
-
9.6 LATAM Mortgage Market by Application (USD Million) [2024-2030]
Chapter 10 : West Europe Mortgage Market Breakdown by Country, Type & Application
- 10.1 West Europe Mortgage Market by Country (USD Million) [2019-2023]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Mortgage Market by Type (USD Million) [2019-2023]
- 10.2.1 Financial Services
- 10.2.2 Real Estate
- 10.2.3 Banking
- 10.2.4 Lending
- 10.2.5 Finance
-
10.3 West Europe Mortgage Market by Application (USD Million) [2019-2023]
- 10.3.1 Homeownership
- 10.3.2 Real Estate Investment
- 10.3.3 Financial Planning
- 10.3.4 Debt Management
- 10.3.5 Financial Stability
- 10.4 West Europe Mortgage Market by Country (USD Million) [2024-2030]
-
10.5 West Europe Mortgage Market by Type (USD Million) [2024-2030]
-
10.6 West Europe Mortgage Market by Application (USD Million) [2024-2030]
Chapter 11 : Central & Eastern Europe Mortgage Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Mortgage Market by Country (USD Million) [2019-2023]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Mortgage Market by Type (USD Million) [2019-2023]
- 11.2.1 Financial Services
- 11.2.2 Real Estate
- 11.2.3 Banking
- 11.2.4 Lending
- 11.2.5 Finance
-
11.3 Central & Eastern Europe Mortgage Market by Application (USD Million) [2019-2023]
- 11.3.1 Homeownership
- 11.3.2 Real Estate Investment
- 11.3.3 Financial Planning
- 11.3.4 Debt Management
- 11.3.5 Financial Stability
- 11.4 Central & Eastern Europe Mortgage Market by Country (USD Million) [2024-2030]
-
11.5 Central & Eastern Europe Mortgage Market by Type (USD Million) [2024-2030]
-
11.6 Central & Eastern Europe Mortgage Market by Application (USD Million) [2024-2030]
Chapter 12 : Northern Europe Mortgage Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Mortgage Market by Country (USD Million) [2019-2023]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Mortgage Market by Type (USD Million) [2019-2023]
- 12.2.1 Financial Services
- 12.2.2 Real Estate
- 12.2.3 Banking
- 12.2.4 Lending
- 12.2.5 Finance
-
12.3 Northern Europe Mortgage Market by Application (USD Million) [2019-2023]
- 12.3.1 Homeownership
- 12.3.2 Real Estate Investment
- 12.3.3 Financial Planning
- 12.3.4 Debt Management
- 12.3.5 Financial Stability
- 12.4 Northern Europe Mortgage Market by Country (USD Million) [2024-2030]
-
12.5 Northern Europe Mortgage Market by Type (USD Million) [2024-2030]
-
12.6 Northern Europe Mortgage Market by Application (USD Million) [2024-2030]
Chapter 13 : Southern Europe Mortgage Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Mortgage Market by Country (USD Million) [2019-2023]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe Mortgage Market by Type (USD Million) [2019-2023]
- 13.2.1 Financial Services
- 13.2.2 Real Estate
- 13.2.3 Banking
- 13.2.4 Lending
- 13.2.5 Finance
-
13.3 Southern Europe Mortgage Market by Application (USD Million) [2019-2023]
- 13.3.1 Homeownership
- 13.3.2 Real Estate Investment
- 13.3.3 Financial Planning
- 13.3.4 Debt Management
- 13.3.5 Financial Stability
- 13.4 Southern Europe Mortgage Market by Country (USD Million) [2024-2030]
-
13.5 Southern Europe Mortgage Market by Type (USD Million) [2024-2030]
-
13.6 Southern Europe Mortgage Market by Application (USD Million) [2024-2030]
Chapter 14 : East Asia Mortgage Market Breakdown by Country, Type & Application
- 14.1 East Asia Mortgage Market by Country (USD Million) [2019-2023]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Mortgage Market by Type (USD Million) [2019-2023]
- 14.2.1 Financial Services
- 14.2.2 Real Estate
- 14.2.3 Banking
- 14.2.4 Lending
- 14.2.5 Finance
-
14.3 East Asia Mortgage Market by Application (USD Million) [2019-2023]
- 14.3.1 Homeownership
- 14.3.2 Real Estate Investment
- 14.3.3 Financial Planning
- 14.3.4 Debt Management
- 14.3.5 Financial Stability
- 14.4 East Asia Mortgage Market by Country (USD Million) [2024-2030]
-
14.5 East Asia Mortgage Market by Type (USD Million) [2024-2030]
-
14.6 East Asia Mortgage Market by Application (USD Million) [2024-2030]
Chapter 15 : Southeast Asia Mortgage Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Mortgage Market by Country (USD Million) [2019-2023]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia Mortgage Market by Type (USD Million) [2019-2023]
- 15.2.1 Financial Services
- 15.2.2 Real Estate
- 15.2.3 Banking
- 15.2.4 Lending
- 15.2.5 Finance
-
15.3 Southeast Asia Mortgage Market by Application (USD Million) [2019-2023]
- 15.3.1 Homeownership
- 15.3.2 Real Estate Investment
- 15.3.3 Financial Planning
- 15.3.4 Debt Management
- 15.3.5 Financial Stability
- 15.4 Southeast Asia Mortgage Market by Country (USD Million) [2024-2030]
-
15.5 Southeast Asia Mortgage Market by Type (USD Million) [2024-2030]
-
15.6 Southeast Asia Mortgage Market by Application (USD Million) [2024-2030]
Chapter 16 : South Asia Mortgage Market Breakdown by Country, Type & Application
- 16.1 South Asia Mortgage Market by Country (USD Million) [2019-2023]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Mortgage Market by Type (USD Million) [2019-2023]
- 16.2.1 Financial Services
- 16.2.2 Real Estate
- 16.2.3 Banking
- 16.2.4 Lending
- 16.2.5 Finance
-
16.3 South Asia Mortgage Market by Application (USD Million) [2019-2023]
- 16.3.1 Homeownership
- 16.3.2 Real Estate Investment
- 16.3.3 Financial Planning
- 16.3.4 Debt Management
- 16.3.5 Financial Stability
- 16.4 South Asia Mortgage Market by Country (USD Million) [2024-2030]
-
16.5 South Asia Mortgage Market by Type (USD Million) [2024-2030]
-
16.6 South Asia Mortgage Market by Application (USD Million) [2024-2030]
Chapter 17 : Central Asia Mortgage Market Breakdown by Country, Type & Application
- 17.1 Central Asia Mortgage Market by Country (USD Million) [2019-2023]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Mortgage Market by Type (USD Million) [2019-2023]
- 17.2.1 Financial Services
- 17.2.2 Real Estate
- 17.2.3 Banking
- 17.2.4 Lending
- 17.2.5 Finance
-
17.3 Central Asia Mortgage Market by Application (USD Million) [2019-2023]
- 17.3.1 Homeownership
- 17.3.2 Real Estate Investment
- 17.3.3 Financial Planning
- 17.3.4 Debt Management
- 17.3.5 Financial Stability
- 17.4 Central Asia Mortgage Market by Country (USD Million) [2024-2030]
-
17.5 Central Asia Mortgage Market by Type (USD Million) [2024-2030]
-
17.6 Central Asia Mortgage Market by Application (USD Million) [2024-2030]
Chapter 18 : Oceania Mortgage Market Breakdown by Country, Type & Application
- 18.1 Oceania Mortgage Market by Country (USD Million) [2019-2023]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Mortgage Market by Type (USD Million) [2019-2023]
- 18.2.1 Financial Services
- 18.2.2 Real Estate
- 18.2.3 Banking
- 18.2.4 Lending
- 18.2.5 Finance
-
18.3 Oceania Mortgage Market by Application (USD Million) [2019-2023]
- 18.3.1 Homeownership
- 18.3.2 Real Estate Investment
- 18.3.3 Financial Planning
- 18.3.4 Debt Management
- 18.3.5 Financial Stability
- 18.4 Oceania Mortgage Market by Country (USD Million) [2024-2030]
-
18.5 Oceania Mortgage Market by Type (USD Million) [2024-2030]
-
18.6 Oceania Mortgage Market by Application (USD Million) [2024-2030]
Chapter 19 : MEA Mortgage Market Breakdown by Country, Type & Application
- 19.1 MEA Mortgage Market by Country (USD Million) [2019-2023]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA Mortgage Market by Type (USD Million) [2019-2023]
- 19.2.1 Financial Services
- 19.2.2 Real Estate
- 19.2.3 Banking
- 19.2.4 Lending
- 19.2.5 Finance
-
19.3 MEA Mortgage Market by Application (USD Million) [2019-2023]
- 19.3.1 Homeownership
- 19.3.2 Real Estate Investment
- 19.3.3 Financial Planning
- 19.3.4 Debt Management
- 19.3.5 Financial Stability
- 19.4 MEA Mortgage Market by Country (USD Million) [2024-2030]
-
19.5 MEA Mortgage Market by Type (USD Million) [2024-2030]
-
19.6 MEA Mortgage Market by Application (USD Million) [2024-2030]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
