Remittance Market - Significant Industry Insights
This research report is a meticulous assessment of the remittance industry, which contains a complete overview. With respect to distinct regions and leading countries, this research clarifies products and applications of remittance in various market verticals. Furthermore, the study assesses and compares all of the top players in the global remittance market based on several parameters such as market revenue, yearly sales volume, historical growth rate, and company strategies. The global remittance industry study report presents a strategic plan to enhance market circumstances for existing industry participants based on all of these conclusions. The study also suggests company entrance plans for newcomers to the industry. The market analysis report also includes a list of the top manufacturers and retailers in all major industries. This research and statistics are hoped to help industry participants enhance their competitive network interface and broaden their geographic coverage.
Market Research Store published a latest report titled “Remittance Market research report” which is segmented by Products (P2P (person to person), P2B (Person to business), B2B (business to business)), by Applications (Family Remittances, Community Remittances, Migrant worker Remittances, Social Remittances), by Key Players/Companies (RemitMoney, Econet, Venstar Exchange, M-PESA, FBN, InstaReM PTE Limited, Vianext Fast Remit, Azimo, RIA, Transferto, Western Union, Skrill, Homesend, OrbitRemit Money Transfer, MSF Africa, Xoom, UAE Exchange, SimbaPay, MTN, Remitly, Paga, Airtel, Vodacom, Fidelity Bank Plc, MoneyGram, TransferWise, Tigo, WorldRemit)”. According to the analysis, the market would grow at a CAGR of XX% over the forecast period (2020- 2028).
Report Scope
| Report Attributes | Report Details |
|---|---|
| Report Title | Remittance Market Research Report |
| By Products | P2P (person to person), P2B (Person to business), B2B (business to business) |
| By Applications | Family Remittances, Community Remittances, Migrant worker Remittances, Social Remittances |
| By Key Players | RemitMoney, Econet, Venstar Exchange, M-PESA, FBN, InstaReM PTE Limited, Vianext Fast Remit, Azimo, RIA, Transferto, Western Union, Skrill, Homesend, OrbitRemit Money Transfer, MSF Africa, Xoom, UAE Exchange, SimbaPay, MTN, Remitly, Paga, Airtel, Vodacom, Fidelity Bank Plc, MoneyGram, TransferWise, Tigo, WorldRemit |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA) |
| Countries Covered | North America : U.S and Canada Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific Latin America : Mexico, Brazil The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA |
| Base Year | 2020 |
| Historical Year | 2016 to 2020 (Depending on availability, data from 2010 can be offered) |
| Forecast Year | 2028 |
| Number of Pages | 108 |
| Customization Available | Yes, the report can be tailored to meet your specific requirements. |
The research contains detailed information about market drivers, rising trends, development opportunities, and limitations that could alter the industry's market dynamics. It includes detailed market segment analysis, as well as products, applications, and competitor information.
Remittance Market Strategic Analysis
To assess the market, the research study employs a number of analytical approaches, including Porter's Five Forces, SWOT analysis, player positioning analysis, market share analysis, and value chain analysis. This remittance evaluation assists users in analyzing the market using a variety of metrics, including switching costs, economies of scale, current sales network, brand loyalty, capital investment, product rights and patents, regulatory legislation, promotional effects, and customers. It is intended that the information presented here will assist industry stakeholders in making decisions.
Global Remittance Market Report Segments:
On the basis of Products, the global Remittance market is segmented into P2P (person to person), P2B (Person to business), B2B (business to business).
On the basis of Applications market is segmented into Family Remittances, Community Remittances, Migrant worker Remittances, Social Remittances.
The study report analyses and includes the various potential prospects and dynamics influencing the various segments.
Overview of the regional outlook of the Remittance Market:
Based on region, the market is divided into North America, Latin America, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).
North America region is further subdivided into countries such as Canada and the U.S. Europe is further divided into Germany, Italy, the United Kingdom, France, Spain, Russia, and the Rest of Europe. Asia Pacific (APAC) is divided into India, China, Japan, South Korea, South East Asia, Australia, and the Rest of Asia Pacific. Latin America is further divided into Mexico, Brazil, and the Rest of Latin America, while the Middle East & Africa (MEA) is further divided into South Africa, GCC (Gulf Cooperation Council), Turkey, and the Rest of the Middle East & Africa.
INQUIRY_TEXT
Remittance Market Player’s Analysis
The report on remittance provides a detailed analysis of the industry's main players by providing an outline of the company's market shares.
Some of the major companies which are included in this study are:
- RemitMoney
- Econet
- Venstar Exchange
- M-PESA
- FBN
- InstaReM PTE Limited
- Vianext Fast Remit
- Azimo
- RIA
- Transferto
- Western Union
- Skrill
- Homesend
- OrbitRemit Money Transfer
- MSF Africa
- Xoom
- UAE Exchange
- SimbaPay
- MTN
- Remitly
- Paga
- Airtel
- Vodacom
- Fidelity Bank Plc
- MoneyGram
- TransferWise
- Tigo
- WorldRemit
Remittance Market Key Trends Analysis
Market Research Report closely monitors leading competitors, including micro and macro market trends, strategic analysis, market conditions, price analysis and overall synopsis of market circumstances over the forecast period. This is a comprehensive study that analyses market share, key categories, primary and secondary drivers, and geography. The report analysis examines the major elements impacting the development of the remittance market. The variables that drive demand for and the ones that limit the market's growth are discussed in detail, as is their impact on the global remittance industry.
The following are the key benefits to industry participants and stakeholders:
- Promising and special market categories, as well as regions with significant growth, are addressed
- In terms of value, the historical, present, and anticipated market sizes are shown
- The report examines the drivers, restraints, and opportunities that exist in the industry
- Current trends and advancements in the industry
- Analysis of the competitive landscape and strategies of major players
Major Highlights of the Remittance Market Report:
- An in-depth analysis of the industry.
- Latest developments and trends, as well as the drivers, restraints, and opportunities of the remittance market are discussed.
- Market size (in terms of volume and value) has been measured historically, currently, and future.
- Key players' strategies, as well as their product offerings.
- Industry Segments By Products:
- P2P (person to person)
- P2B (Person to business)
- B2B (business to business)
- Industry Segments By Applications:
- Family Remittances
- Community Remittances
- Migrant worker Remittances
- Social Remittances
- Analysis on a global and regional scale, as well as a geographical introduction.
- Research of raw materials used upstream, downstream demand, and existing market dynamics is performed.
We have investigated the remittance market from every angle, using both primary and secondary research approaches to do so. This assisted us in developing a better grasp of current market dynamics, such as the supply-demand imbalance, pricing trends, product preferences, customer behavior, and other factors. Using primary research with professionals in the field and opinion-makers from around the world, the insights were further verified and expanded upon a variety of market estimation and data validation approaches are used to further gather and validate the data.
Reasons to Buy the Remittance Market Report:
- On the global stage, the competitive landscape and demographic study render a complete and accurate picture of market condition.
- It contains accurate statistical information and is a helpful resource for firms who are interested in learning more about the topic.
- The remittance report delivers in-depth research of shifting competition dynamics, allowing you to stay one step ahead of your competitors.
- The term comprehensive companies refer to businesses that offer products as well as essential financial information, latest advancements, SWOT analysis, and tactics developed by these players.
- Data segments and sub-segments comprise quantitative and qualitative information, as well as value (in millions of dollars) and volume (in millions of units).
- Among other things, the competitive landscape comprises the market share of key competitors, new inventions, and methods that have been applied in the recent three years, among others.
Frequently Asked Questions
- RemitMoney
- Econet
- Venstar Exchange
- M-PESA
- FBN
- InstaReM PTE Limited
- Vianext Fast Remit
- Azimo
- RIA
- Transferto
- Western Union
- Skrill
- Homesend
- OrbitRemit Money Transfer
- MSF Africa
- Xoom
- UAE Exchange
- SimbaPay
- MTN
- Remitly
- Paga
- Airtel
- Vodacom
- Fidelity Bank Plc
- MoneyGram
- TransferWise
- Tigo
- WorldRemit
Table Of Content
Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Remittance Market Share by Type (2020-2026) 1.5.2 P2P (person to person) 1.5.3 P2B (Person to business) 1.5.4 B2B (business to business) 1.6 Market by Application 1.6.1 Global Remittance Market Share by Application (2020-2026) 1.6.2 Family Remittances 1.6.3 Community Remittances 1.6.4 Migrant worker Remittances 1.6.5 Social Remittances 1.7 Remittance Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Remittance Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Remittance Market 3.1 Value Chain Status 3.2 Remittance Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Remittance 3.2.3 Labor Cost of Remittance 3.2.3.1 Labor Cost of Remittance Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 RemitMoney 4.1.1 RemitMoney Basic Information 4.1.2 Remittance Product Profiles, Application and Specification 4.1.3 RemitMoney Remittance Market Performance (2015-2020) 4.1.4 RemitMoney Business Overview 4.2 Econet 4.2.1 Econet Basic Information 4.2.2 Remittance Product Profiles, Application and Specification 4.2.3 Econet Remittance Market Performance (2015-2020) 4.2.4 Econet Business Overview 4.3 Venstar Exchange 4.3.1 Venstar Exchange Basic Information 4.3.2 Remittance Product Profiles, Application and Specification 4.3.3 Venstar Exchange Remittance Market Performance (2015-2020) 4.3.4 Venstar Exchange Business Overview 4.4 M-PESA 4.4.1 M-PESA Basic Information 4.4.2 Remittance Product Profiles, Application and Specification 4.4.3 M-PESA Remittance Market Performance (2015-2020) 4.4.4 M-PESA Business Overview 4.5 FBN 4.5.1 FBN Basic Information 4.5.2 Remittance Product Profiles, Application and Specification 4.5.3 FBN Remittance Market Performance (2015-2020) 4.5.4 FBN Business Overview 4.6 InstaReM PTE Limited 4.6.1 InstaReM PTE Limited Basic Information 4.6.2 Remittance Product Profiles, Application and Specification 4.6.3 InstaReM PTE Limited Remittance Market Performance (2015-2020) 4.6.4 InstaReM PTE Limited Business Overview 4.7 Vianext Fast Remit 4.7.1 Vianext Fast Remit Basic Information 4.7.2 Remittance Product Profiles, Application and Specification 4.7.3 Vianext Fast Remit Remittance Market Performance (2015-2020) 4.7.4 Vianext Fast Remit Business Overview 4.8 Azimo 4.8.1 Azimo Basic Information 4.8.2 Remittance Product Profiles, Application and Specification 4.8.3 Azimo Remittance Market Performance (2015-2020) 4.8.4 Azimo Business Overview 4.9 RIA 4.9.1 RIA Basic Information 4.9.2 Remittance Product Profiles, Application and Specification 4.9.3 RIA Remittance Market Performance (2015-2020) 4.9.4 RIA Business Overview 4.10 Transferto 4.10.1 Transferto Basic Information 4.10.2 Remittance Product Profiles, Application and Specification 4.10.3 Transferto Remittance Market Performance (2015-2020) 4.10.4 Transferto Business Overview 4.11 Western Union 4.11.1 Western Union Basic Information 4.11.2 Remittance Product Profiles, Application and Specification 4.11.3 Western Union Remittance Market Performance (2015-2020) 4.11.4 Western Union Business Overview 4.12 Skrill 4.12.1 Skrill Basic Information 4.12.2 Remittance Product Profiles, Application and Specification 4.12.3 Skrill Remittance Market Performance (2015-2020) 4.12.4 Skrill Business Overview 4.13 Homesend 4.13.1 Homesend Basic Information 4.13.2 Remittance Product Profiles, Application and Specification 4.13.3 Homesend Remittance Market Performance (2015-2020) 4.13.4 Homesend Business Overview 4.14 OrbitRemit Money Transfer 4.14.1 OrbitRemit Money Transfer Basic Information 4.14.2 Remittance Product Profiles, Application and Specification 4.14.3 OrbitRemit Money Transfer Remittance Market Performance (2015-2020) 4.14.4 OrbitRemit Money Transfer Business Overview 4.15 MSF Africa 4.15.1 MSF Africa Basic Information 4.15.2 Remittance Product Profiles, Application and Specification 4.15.3 MSF Africa Remittance Market Performance (2015-2020) 4.15.4 MSF Africa Business Overview 4.16 Xoom 4.16.1 Xoom Basic Information 4.16.2 Remittance Product Profiles, Application and Specification 4.16.3 Xoom Remittance Market Performance (2015-2020) 4.16.4 Xoom Business Overview 4.17 UAE Exchange 4.17.1 UAE Exchange Basic Information 4.17.2 Remittance Product Profiles, Application and Specification 4.17.3 UAE Exchange Remittance Market Performance (2015-2020) 4.17.4 UAE Exchange Business Overview 4.18 SimbaPay 4.18.1 SimbaPay Basic Information 4.18.2 Remittance Product Profiles, Application and Specification 4.18.3 SimbaPay Remittance Market Performance (2015-2020) 4.18.4 SimbaPay Business Overview 4.19 MTN 4.19.1 MTN Basic Information 4.19.2 Remittance Product Profiles, Application and Specification 4.19.3 MTN Remittance Market Performance (2015-2020) 4.19.4 MTN Business Overview 4.20 Remitly 4.20.1 Remitly Basic Information 4.20.2 Remittance Product Profiles, Application and Specification 4.20.3 Remitly Remittance Market Performance (2015-2020) 4.20.4 Remitly Business Overview 4.21 Paga 4.21.1 Paga Basic Information 4.21.2 Remittance Product Profiles, Application and Specification 4.21.3 Paga Remittance Market Performance (2015-2020) 4.21.4 Paga Business Overview 4.22 Airtel 4.22.1 Airtel Basic Information 4.22.2 Remittance Product Profiles, Application and Specification 4.22.3 Airtel Remittance Market Performance (2015-2020) 4.22.4 Airtel Business Overview 4.23 Vodacom 4.23.1 Vodacom Basic Information 4.23.2 Remittance Product Profiles, Application and Specification 4.23.3 Vodacom Remittance Market Performance (2015-2020) 4.23.4 Vodacom Business Overview 4.24 Fidelity Bank Plc 4.24.1 Fidelity Bank Plc Basic Information 4.24.2 Remittance Product Profiles, Application and Specification 4.24.3 Fidelity Bank Plc Remittance Market Performance (2015-2020) 4.24.4 Fidelity Bank Plc Business Overview 4.25 MoneyGram 4.25.1 MoneyGram Basic Information 4.25.2 Remittance Product Profiles, Application and Specification 4.25.3 MoneyGram Remittance Market Performance (2015-2020) 4.25.4 MoneyGram Business Overview 4.26 TransferWise 4.26.1 TransferWise Basic Information 4.26.2 Remittance Product Profiles, Application and Specification 4.26.3 TransferWise Remittance Market Performance (2015-2020) 4.26.4 TransferWise Business Overview 4.27 Tigo 4.27.1 Tigo Basic Information 4.27.2 Remittance Product Profiles, Application and Specification 4.27.3 Tigo Remittance Market Performance (2015-2020) 4.27.4 Tigo Business Overview 4.28 WorldRemit 4.28.1 WorldRemit Basic Information 4.28.2 Remittance Product Profiles, Application and Specification 4.28.3 WorldRemit Remittance Market Performance (2015-2020) 4.28.4 WorldRemit Business Overview 5 Global Remittance Market Analysis by Regions 5.1 Global Remittance Sales, Revenue and Market Share by Regions 5.1.1 Global Remittance Sales by Regions (2015-2020) 5.1.2 Global Remittance Revenue by Regions (2015-2020) 5.2 North America Remittance Sales and Growth Rate (2015-2020) 5.3 Europe Remittance Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Remittance Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Remittance Sales and Growth Rate (2015-2020) 5.6 South America Remittance Sales and Growth Rate (2015-2020) 6 North America Remittance Market Analysis by Countries 6.1 North America Remittance Sales, Revenue and Market Share by Countries 6.1.1 North America Remittance Sales by Countries (2015-2020) 6.1.2 North America Remittance Revenue by Countries (2015-2020) 6.1.3 North America Remittance Market Under COVID-19 6.2 United States Remittance Sales and Growth Rate (2015-2020) 6.2.1 United States Remittance Market Under COVID-19 6.3 Canada Remittance Sales and Growth Rate (2015-2020) 6.4 Mexico Remittance Sales and Growth Rate (2015-2020) 7 Europe Remittance Market Analysis by Countries 7.1 Europe Remittance Sales, Revenue and Market Share by Countries 7.1.1 Europe Remittance Sales by Countries (2015-2020) 7.1.2 Europe Remittance Revenue by Countries (2015-2020) 7.1.3 Europe Remittance Market Under COVID-19 7.2 Germany Remittance Sales and Growth Rate (2015-2020) 7.2.1 Germany Remittance Market Under COVID-19 7.3 UK Remittance Sales and Growth Rate (2015-2020) 7.3.1 UK Remittance Market Under COVID-19 7.4 France Remittance Sales and Growth Rate (2015-2020) 7.4.1 France Remittance Market Under COVID-19 7.5 Italy Remittance Sales and Growth Rate (2015-2020) 7.5.1 Italy Remittance Market Under COVID-19 7.6 Spain Remittance Sales and Growth Rate (2015-2020) 7.6.1 Spain Remittance Market Under COVID-19 7.7 Russia Remittance Sales and Growth Rate (2015-2020) 7.7.1 Russia Remittance Market Under COVID-19 8 Asia-Pacific Remittance Market Analysis by Countries 8.1 Asia-Pacific Remittance Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Remittance Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Remittance Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Remittance Market Under COVID-19 8.2 China Remittance Sales and Growth Rate (2015-2020) 8.2.1 China Remittance Market Under COVID-19 8.3 Japan Remittance Sales and Growth Rate (2015-2020) 8.3.1 Japan Remittance Market Under COVID-19 8.4 South Korea Remittance Sales and Growth Rate (2015-2020) 8.4.1 South Korea Remittance Market Under COVID-19 8.5 Australia Remittance Sales and Growth Rate (2015-2020) 8.6 India Remittance Sales and Growth Rate (2015-2020) 8.6.1 India Remittance Market Under COVID-19 8.7 Southeast Asia Remittance Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Remittance Market Under COVID-19 9 Middle East and Africa Remittance Market Analysis by Countries 9.1 Middle East and Africa Remittance Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Remittance Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Remittance Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Remittance Market Under COVID-19 9.2 Saudi Arabia Remittance Sales and Growth Rate (2015-2020) 9.3 UAE Remittance Sales and Growth Rate (2015-2020) 9.4 Egypt Remittance Sales and Growth Rate (2015-2020) 9.5 Nigeria Remittance Sales and Growth Rate (2015-2020) 9.6 South Africa Remittance Sales and Growth Rate (2015-2020) 10 South America Remittance Market Analysis by Countries 10.1 South America Remittance Sales, Revenue and Market Share by Countries 10.1.1 South America Remittance Sales by Countries (2015-2020) 10.1.2 South America Remittance Revenue by Countries (2015-2020) 10.1.3 South America Remittance Market Under COVID-19 10.2 Brazil Remittance Sales and Growth Rate (2015-2020) 10.2.1 Brazil Remittance Market Under COVID-19 10.3 Argentina Remittance Sales and Growth Rate (2015-2020) 10.4 Columbia Remittance Sales and Growth Rate (2015-2020) 10.5 Chile Remittance Sales and Growth Rate (2015-2020) 11 Global Remittance Market Segment by Types 11.1 Global Remittance Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Remittance Sales and Market Share by Types (2015-2020) 11.1.2 Global Remittance Revenue and Market Share by Types (2015-2020) 11.2 P2P (person to person) Sales and Price (2015-2020) 11.3 P2B (Person to business) Sales and Price (2015-2020) 11.4 B2B (business to business) Sales and Price (2015-2020) 12 Global Remittance Market Segment by Applications 12.1 Global Remittance Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Remittance Sales and Market Share by Applications (2015-2020) 12.1.2 Global Remittance Revenue and Market Share by Applications (2015-2020) 12.2 Family Remittances Sales, Revenue and Growth Rate (2015-2020) 12.3 Community Remittances Sales, Revenue and Growth Rate (2015-2020) 12.4 Migrant worker Remittances Sales, Revenue and Growth Rate (2015-2020) 12.5 Social Remittances Sales, Revenue and Growth Rate (2015-2020) 13 Remittance Market Forecast by Regions (2020-2026) 13.1 Global Remittance Sales, Revenue and Growth Rate (2020-2026) 13.2 Remittance Market Forecast by Regions (2020-2026) 13.2.1 North America Remittance Market Forecast (2020-2026) 13.2.2 Europe Remittance Market Forecast (2020-2026) 13.2.3 Asia-Pacific Remittance Market Forecast (2020-2026) 13.2.4 Middle East and Africa Remittance Market Forecast (2020-2026) 13.2.5 South America Remittance Market Forecast (2020-2026) 13.3 Remittance Market Forecast by Types (2020-2026) 13.4 Remittance Market Forecast by Applications (2020-2026) 13.5 Remittance Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data Source
Inquiry For Buying
Remittance
Request Sample
Remittance
