Explored In Latest Research Of Remittance Market in Global Industry 2018

ResearchMoz presents professional and in-depth study of "Global Remittance Market: Industry Analysis & Outlook (2018-2022)".

Remittance is referred to as the money sent by immigrants to their families residing in their native countries. Remittance market plays a vital role in the economic growth and livelihoods of people across the world.

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Remittance inflows in developing countries make a notable share in their GDPs. The market is completely dependent on the migrated population living across the world. From a macroeconomic perspective, remittances can boost aggregate demand and thereby spurring the GDP as well as economic growth. However, research indicates that remittances may also have adverse macroeconomic impact by increasing income inequality and reducing labor supply among recipients. Despite financial and economic downturns, the stability of remittance flow makes the developing countries a reliable and financial resource. Countries with diversified migration destinations have a higher probability of experiencing more sustainable remittance inflows.

Lower-middle regions are the biggest destinations for remittance inflows. Whereas, the U.S. and Saudi Arabia are the major contributors to the global remittance market supported by increased remittance outflows by immigrant populations residing there.

The global remittance market is expected to grow in future due to increasing international migration population, decreasing remittance costs, increasing disposable income, improving economic growth, growing refugees population and growing urbanization. Key trends of this market include increasing growing trend of mobile payments and number of money sending options. However, there are some factors which can hinder the market growth including government regulations and de-risking practices.

The report “Global Remittance Market: Industry Analysis & Outlook (2018-2022)” by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers and challenges of the market, covering the lower middle income regions, top remittance sending and receiving countries along with the global market. The report profiles the key players of the market including PayPal Holdings Inc., Western Union, MoneyGram International and Euronet.

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Table of Content

1. Overview
1.1 Remittance
1.2 Components of Remittance Marketplace
1.3 Remittance Market Value Chain

2. Remittance Market Analysis
2.1 Global Remittance Inflow
2.2 Global Remittance Inflow Forecast
2.3 Global Remittance Inflow to Low-Middle Income Region
2.4 Global Remittance Inflow to Low-Middle Income Region Forecast
2.5 Global Remittance Inflow by Countries
2.5.1 India Remittance Inflow Forecast
2.5.2 China Remittance Inflow Forecast
2.5.3 Philippines Remittance Inflow Forecast
2.5.4 Mexico Remittance Inflow Forecast
2.5.5 Pakistan Remittance Inflow Forecast
2.6 Global Remittance Outflow by Countries
2.6.1 The U.S. Remittance Outflows Forecast
2.6.2 Saudi Arabia Remittance Outflows Forecast
2.6.3 Switzerland Remittance Outflows Forecast
2.6.4 Germany Remittance Outflows Forecast

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3. Lower Middle Income Regions Remittance Market Analysis
3.1 East Asia-Pacific Remittance Inflow Forecast
3.2 South Asia Remittance Inflow Forecast
3.3 Latin America & Caribbean Remittance Inflow Forecast
3.4 Middle East & North Africa Remittance Inflow Forecast
3.5 Europe & Central Asia Remittance Inflow Forecast
3.6 Sub Saharan Africa Remittance Inflow Forecast

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Analysis of Remittance Market in Global Industry : Market Development and Overview 2017

ResearchMoz presents professional and in-depth study of "Global Remittance Market: Industry Analysis & Outlook (2015-2020)".

The remittance industry contributes to the economic growth of the countries participating in the practice as well as to the livelihood of the individuals involved. The remittance system is comprised of the Remittance Service Providers (RSP), Remittance Corridors, the Remittance Network and the Money transfer system. Remittance Services are divided primarily on the basis of ways a network of access points is created and linked. There are broadly four categories: unilateral services, franchised services, negotiated services and open services.

The key factors driving the growth of remittance market are increasing international migration, growing urbanization, accelerating economic growth and rising employment opportunities. A noteworthy trend of this industry is cost by sending and receiving method, unstable remittance cost, increased access to financial services, changing technology landscape for payments, more convenience and lesser costs, advancement in technology, and maturing of immigrant communities. However, the expansion of the market is hindered by de-risking is threatening the industry and access points establishment.

The report “Global Remittance Market” provides an in-depth analysis of the global remittance market, along with a study of top remittance receiving and contributing countries. The report also includes detailed description of regional markets. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The industry comprises few large players such as MoneyGram International Inc., Western Union Company and Euronet Worldwide Inc. All these companies have been profiled in the present report highlighting their key financials and business strategies for growth.

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Table of Content

1. Remittance Market - An Overview
1.1 An Introduction
1.2 Types of Remittance Services
1.3 Remittance Marketplace
1.4 Remittance Market Value Chain

2. Global Remittance Market Analysis
2.1 Global Remittance Inflow
2.2 Global Average Remittance Cost by Region
2.3 Global Average Cost by Remittance Service Provider

3. Regional Market Analysis
3.1 Remittance Market by Income Characteristics
3.1.1 Low and Middle Income Countries
3.2 Remittances Market by Region
3.2.1 East Asia and Pacific Region
3.2.2 Europe and Central Asia Region
3.2.3 Latin America and Caribbean Region
3.2.4 Middle East and North Africa Region
3.2.5 South Asia Region
3.2.6 Sub Saharan Africa Region
3.3 Remittances Market by Largest Receiving Countries
3.3.1 India
3.3.2 China
3.3.3 Philippines
3.3.4 Mexico
3.4 Remittances Market by Largest Contributing Countries
3.4.1 The US
3.4.2 Saudi Arabia
3.4.3 Switzerland

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4. Market Dynamics
4.1 Growth Drivers
4.1.1 Increasing International Migration
4.1.2 Growing Urbanization
4.1.3 Accelerating Economic Growth
4.1.4 Rising Employment Opportunities
4.2 Market Trends
4.2.1 Cost by Sending and Receiving Method
4.2.2 Unstable Remittance Cost
4.2.3 Increased Access to Financial Services

For More Information Kindly Contact:

ResearchMoz
Mr. Nachiket Ghumare,
90 State Street, Albany NY, United States - 12207
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
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