The market intelligence report on the Remittance industry offers the readers an extensive assessment of the sector, along with the potential growth of the same to be expected in the coming years. In the study, 2016 and 2017 have been referred to for determining the past performance, while 2018 has been assumed as the base year to predict the trajectory of the progress of the industry during the forecast years from 2019 to 2025. The report is aimed at helping the reader get a holistic view of the market with all crucial aspects in order to decipher optimum business plans.
Prominent Players in the global Remittance market are MoneyGram International Inc., Euronet Worldwide Inc., Western Union Holdings Inc., Societe Generale, The Kroger Co., Banco Bradesco SA, ABSA, S. Bank, Scotiabank, UBA
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Scope of the Report:
The report underlines the market trends drawn after the assessment of the past data gathered from 2016 and 2017 and performs a comprehensive study of the trends in the sector to derive market insights and calculate the CAGR that can be expected in the forecast years. The report also scrutinizes the financial performance, novel technologies, and strategic expansion undertaken by the company, which includes mergers and acquisitions and collaborations. The study also outlines the technological advancements in the sector, especially those credited to top companies in the industry. The report categorizes the industry by inspecting the competitive landscape in the global setting and individually profiling key players and new entrants engaged in the sector.
Segmentation on the basis of product:
- Money Transfer App
- Bank Money Transfer Services
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Segmentation on the basis of end user:
- Business Remittances
- Personal Remittances
- Public Services
Segmentation on the basis of Region:
- Europe (UK, France, Germany, Russia, Italy, Spain and Benelux)
- Asia Pacific (China,Southeast Asia, Japan, India, and Australia)
- North America (Canada, United States, and Mexico)
- Latin America (Argentina, Brazil, and Colombia)
- Middle East and Africa
To give better clarity of the market scenario, the report also analyzes customer preferences, the increasing levels of disposable incomes, and how these critical aspects can affect the global market scenario. The reader will also gain benefit from the analysis of the value chain, supply chain, and demand and supply dynamics that are derived after employing both primary and secondary sources for the research.
The research report answers the following key questions:
- What is the growth rate of the market during the forecast period between 2019 to 2025?
- What are the significant drivers and constraints that will impact the future of the Remittance market?
- How much is the market size and share estimated to grow in the forecast period?
- Who are the key industry players and which executive strategies will they employ that can substantially impact the growth of the Remittance market globally?
- What are the most notable trends observed in the past data that can be expected to affect the CAGR of the Remittance market?
- What are the predictions for the Remittance industry in the forecast period based on the detailed analysis of its critical aspects?
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Major selling points of this research report
- Gives the reader a holistic comprehension of the global market
- Identifies the recent trends and estimated growth rate for the forecast duration
- Helps industry experts, investors, and other participants implement lucrative expansion approaches
- Provides accurate market insights to take informed decisions through presentations and other tools
- Outlines the competitive landscapes with the individual market share of top vendors
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