International Remittance Market- Global Opportunity Analysis and Industry Forecast, 2022-2030
Absolute Markets
Insights announced the addition of a statistical data titled as International Remittance market to
its massive repository. Additionally, it offers extensive research on different
dynamic aspects of the businesses to understand the impact of those. Primary
and secondary research techniques have been used by analysts for studies data
effectively. Different top key players such as Bank of America
Corporation, BANK OF CHINA (BOC), Citigroup, Inc., DBS, MoneyGram, NIUM Pte.
Ltd., OCBC Bank, OFX Singapore Pte. Limited, Paysafe Holdings UK Limited
(Skrill), PT Indo Koala Remitance, Standard Chartered Bank, TorFX Singapore,
TransferWise Limited, United Overseas Bank Limited, Western Union Holdings,
Inc. and WorldRemit Ltd give the comparative
analysis of demand supply chain. In addition to this, it highlights the
historical developments, recent trends, and predictions about the future growth
of the International Remittance market.
Furthermore, it provides
a detailed description about the manufacturing base, product or services type,
and specifications. In addition to this, it throws light on different applications
and existing vendors to understand the exact requirements of the customers. A
notable feature of this report is an analysis of key end users of International
Remittance sectors over the forecast period. To discover the several
global opportunities rapidly, some applicable approaches and effective sale
strategies have been included, which helps to expand the businesses. Each
segment has been analyzed along with their sub-segments to understand the
detailed overview of the industries.
Key Topics Covered in
this report:
- Introduction
- Research & Methodology
- Executive Summary
- Market Dynamic
- Market Share Analysis
- Source Type Market
- Product Type Market
- industry Market
- Regional Segmentation
For more information
about this report visit: https://www.absolutemarketsinsights.com/reports/International-Remittance-Market-2021---2029-809
Key Findings of the
Report:
In terms of revenue, the
Southeast Asia international remittance market was valued at US$ 579.86 Mn in
2020 and is expected to reach US$ 1119.24 Mn by 2030, growing at a CAGR of 7.6%
over the forecast period (2021 – 2030).Indonesia accounted for the highest
share in the Southeast Asia international remittance market in 2020, as far as
the individual countries are concerned.
Individuals contributed
the maximum revenue in the Southeast Asia International remittance market in
2020.Non-banking institutions are expected to grow at the fastest rate over the
forecast period (2021 – 2030). In 2020, inbound remittance segment registered
the highest market share in the Southeast Asia international remittance market.
Online mode is expected to gain traction over the forecast years with rising
number of internet and smart devices users.
Global International
Remittance Market: Report Scope
By End-User
- Individuals
- Businesses
By Providers
- Banking Institutions
- Non-banking Institutions
By Type
- Inbound Remittance
- Outbound Remittance
By Mode
- Online
- Web-based
- App-based
- Offline
By Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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Company: Absolute Markets Insights
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