International Remittance Market Assessment Forecast till 2030 | Size, Share, Current Trends and Industry Players
An analytical market research report titled International Remittance Market has been recently published by Absolute Markets Insights to its extensive database. Primary and secondary research techniques are used for the compilation of International Remittance industries. Furthermore, with the help of different analysis tools such as SWOT analysis and Porter’s five analysis accurate knowledge of International Remittance market has been presented to readers. Graphical presentation techniques such as ample graph, tables, charts, and pictures have also been used while curating the report. The report has been created precisely by gauging intricate market aspects and is presented to readers for an effective market study.
Additionally, the report presents extensive knowledge on distinctive market attributes such as production, revenue, and capacity. Among other salient features of the market study, it also includes coverage of influential market trends and information on the current scenario on market shares. Significant information of the report is supported by evidence of prominent companies such as financial overview, specification and recent developments. Finally, the research also draws attention to possible strengths, weaknesses, threats, and opportunities that can affect the progress of global International Remittance market.
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 (2022 – 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.
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The major key pillars for global International Remittance market are listed below: 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
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
o Web-based
o App-based
• Offline
By Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America
Key questions answered in the report include:
• What will the market size and the growth rate be in 2030?
• What are the key factors driving the global International Remittance market?
• What are the key market trends impacting the growth of the global International Remittance market?
• What are the challenges to market growth?
• Who are the key vendors in the global International Remittance market?
• What are the market opportunities and threats faced by the vendors in the global International Remittance market?
• What are the key outcomes of the five forces analysis of the global International Remittance market?
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