Global Remittance Market by Player, Region, Type, Application and Sales Channel

  • This report studies the Remittance market, covering market size for segment by type (Banks Remittance, Money Transfer Operators, etc.), by application (Personal Remittances, Business Remittances, etc.), by Sales Channel (Direct Channel, Distribution Channel), by player (Western Union (WU), Ria Financial Services, PayPal/Xoom, TransferWise, WorldRemit, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).


    This report provides detailed historical analysis of global market for Remittance from 2015-2020, and provides extensive market forecasts from 2021-2030 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Remittance market.


    Moreover, the impact of COVID-19 is also concerned. Since outbreak in December 2019, the COVID-19 virus has spread to all around the world and caused huge losses of lives and economy, and the global manufacturing, tourism and financial markets have been hit hard, while the online market/industry increase. Fortunately, with the development of vaccine and other effort by global governments and organizations, the negative impact of COVID-19 is expected to subside and the global economy is expected to recover.


    This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.


    The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.


    Leading players of Remittance including:

    Western Union (WU)

    Ria Financial Services

    PayPal/Xoom

    TransferWise

    WorldRemit

    MoneyGram

    Remitly

    Azimo

    TransferGo

    InstaReM

    TNG Wallet

    Toast Me

    OrbitRemit

    Smiles Mobile Remittance

    Avenues India Pvt Ltd

    Coins.ph

    Smiles/Digital Wallet Corporation

    FlyRemit

    WeChat Payment

    Ant Financial/Alipay

    Flywire

    Currency Cloud

    Ripple


    Market split by Type, can be divided into:

    Banks Remittance

    Money Transfer Operators

    Others


    Market split by Application, can be divided into:

    Personal Remittances

    Business Remittances

    Public Services

    Other


    Market split by Sales Channel, can be divided into:

    Direct Channel

    Distribution Channel


    Market segment by Region/Country including:

    North America (United States, Canada and Mexico)

    Europe (Germany, UK, France, Italy, Russia and Spain etc.)

    Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)

    South America (Brazil, Argentina and Colombia etc.)

    Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)


    If you have any special requirements, please let us know and we can provide you the customized report as you want.


     

  • With tables and figures helping analyze worldwide Global Remittance market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

    Chapter 1 Remittance Market Overview

    1.1 Remittance Definition

    1.2 Global Remittance Market Size Status and Outlook (2015-2030)

    1.3 Global Remittance Market Size Comparison by Region (2015-2030)

    1.4 Global Remittance Market Size Comparison by Type (2015-2030)

    1.5 Global Remittance Market Size Comparison by Application (2015-2030)

    1.6 Global Remittance Market Size Comparison by Sales Channel (2015-2030)

    1.7 Remittance Market Dynamics (COVID-19 Impacts)
    1.7.1 Market Drivers/Opportunities
    1.7.2 Market Challenges/Risks
    1.7.3 Market News (Mergers/Acquisitions/Expansion)
    1.7.4 COVID-19 Impacts on Current Market
    1.7.5 Post-Strategies of COVID-19 Outbreak
    Chapter 2 Remittance Market Segment Analysis by Player

    2.1 Global Remittance Sales and Market Share by Player (2018-2020)

    2.2 Global Remittance Revenue and Market Share by Player (2018-2020)

    2.3 Global Remittance Average Price by Player (2018-2020)

    2.4 Players Competition Situation & Trends

    2.5 Conclusion of Segment by Player

    Chapter 3 Remittance Market Segment Analysis by Type

    3.1 Global Remittance Market by Type

    3.1.1 Banks Remittance
    3.1.2 Money Transfer Operators
    3.1.3 Others

    3.2 Global Remittance Sales and Market Share by Type (2015-2020)

    3.3 Global Remittance Revenue and Market Share by Type (2015-2020)

    3.4 Global Remittance Average Price by Type (2015-2020)

    3.5 Leading Players of Remittance by Type in 2020

    3.6 Conclusion of Segment by Type

    Chapter 4 Remittance Market Segment Analysis by Application

    4.1 Global Remittance Market by Application

    4.1.1 Personal Remittances
    4.1.2 Business Remittances
    4.1.3 Public Services
    4.1.4 Other

    4.2 Global Remittance Revenue and Market Share by Application (2015-2020)

    4.3 Leading Consumers of Remittance by Application in 2020

    4.4 Conclusion of Segment by Application

    Chapter 5 Remittance Market Segment Analysis by Sales Channel

    5.1 Global Remittance Market by Sales Channel

    5.1.1 Direct Channel
    5.1.2 Distribution Channel

    5.2 Global Remittance Revenue and Market Share by Sales Channel (2015-2020)

    5.3 Leading Distributors/Dealers of Remittance by Sales Channel in 2020

    5.4 Conclusion of Segment by Sales Channel

    Chapter 6 Remittance Market Segment Analysis by Region

    6.1 Global Remittance Market Size and CAGR by Region (2015-2030)

    6.2 Global Remittance Sales and Market Share by Region (2015-2020)

    6.3 Global Remittance Revenue and Market Share by Region (2015-2020)

    6.4 North America

    6.4.1 North America Market by Country
    6.4.2 North America Remittance Market Share by Type
    6.4.3 North America Remittance Market Share by Application
    6.4.4 United States
    6.4.5 Canada
    6.4.6 Mexico

    6.5 Europe

    6.5.1 Europe Market by Country
    6.5.2 Europe Remittance Market Share by Type
    6.5.3 Europe Remittance Market Share by Application
    6.5.4 Germany
    6.5.5 UK
    6.5.6 France
    6.5.7 Italy
    6.5.8 Russia
    6.5.9 Spain

    6.6 Asia-Pacific

    6.6.1 Asia-Pacific Market by Country
    6.6.2 Asia-Pacific Remittance Market Share by Type
    6.6.3 Asia-Pacific Remittance Market Share by Application
    6.6.4 China
    6.6.5 Japan
    6.6.6 Korea
    6.6.7 India
    6.6.8 Southeast Asia
    6.6.9 Australia
    6.7 South America
    6.7.1 South America Market by Country
    6.7.2 South America Remittance Market Share by Type
    6.7.3 South America Remittance Market Share by Application
    6.7.4 Brazil
    6.7.5 Argentina
    6.7.6 Colombia
    6.8 Middle East & Africa
    6.8.1 Middle East & Africa Market by Country
    6.8.2 Middle East & Africa Remittance Market Share by Type
    6.8.3 Middle East & Africa Remittance Market Share by Application
    6.8.4 UAE
    6.8.5 Saudi Arabia
    6.8.6 South Africa
    6.9 Conclusion of Segment by Region
    Chapter 7 Profile of Leading Remittance Players

    7.1 Western Union (WU)

    7.1.1 Company Snapshot
    7.1.2 Product/Service Offered
    7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
    7.1.4 COVID-19 Impact on Western Union (WU)

    7.2 Ria Financial Services

    7.3 PayPal/Xoom

    7.4 TransferWise

    7.5 WorldRemit

    7.6 MoneyGram

    7.7 Remitly
    7.8 Azimo
    7.9 TransferGo

    7.10 InstaReM

    7.11 TNG Wallet
    7.12 Toast Me
    7.13 OrbitRemit
    7.14 Smiles Mobile Remittance
    7.15 Avenues India Pvt Ltd
    7.16 Coins.ph
    7.17 Smiles/Digital Wallet Corporation
    7.18 FlyRemit
    7.19 WeChat Payment

    7.20 Ant Financial/Alipay

    7.21 Flywire
    7.22 Currency Cloud
    7.23 Ripple
    Chapter 8 Upstream and Downstream Analysis of Remittance

    8.1 Industrial Chain of Remittance

    8.2 Upstream of Remittance

    8.2.1 Raw Materials
    8.2.2 Labor Cost
    8.2.3 Manufacturing Expenses
    8.2.4 Manufacturing Cost Structure
    8.2.5 Manufacturing Process

    8.3 Downstream of Remittance

    8.3.1 Leading Distributors/Dealers of Remittance
    8.3.2 Leading Consumers of Remittance
    Chapter 9 Development Trend of Remittance (2021-2030)

    9.1 Global Remittance Market Size (Sales and Revenue) Forecast (2021-2030)

    9.2 Global Remittance Market Size and CAGR Forecast by Region (2021-2030)

    9.3 Global Remittance Market Size and CAGR Forecast by Type (2021-2030)

    9.4 Global Remittance Market Size and CAGR Forecast by Application (2021-2030)

    9.5 Global Remittance Market Size and CAGR Forecast by Sales Channel (2021-2030)

    Chapter 10 Appendix

    10.1 Research Methodology

    10.2 Data Sources

    10.3 Disclaimer

    10.4 Analysts Certification

     

  • The Global Remittance Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
      By Regions:
        By Type:
          By Application:
          Frequently asked questions(FAQ's):
          Why are some of the most well-known companies left out of the Global Remittance Market study?

          The Global Remittance study includes a diverse group of participants, including both market leaders and up-and-comers. Contact our sales representative to receive a complete list of companies covered in the study.

          What is the expected rate of growth in the Global Remittance Market?

          From 2024 to 2029, the Global Remittance Market is expected to grow at a compound annual growth rate of YY%, reaching a value of USD XXX Million.

          In the current situation, what value does the Global Remittance Market have?

          The value of the Global Remittance Market is estimated to be USD XXX million.

          What are the primary data sources used to evaluate the Global Remittance Market sizing?

          The majority of data for the Global Remittance Industry is gathered through primary sources, which include interviews and surveys with industry experts from the core and related industries involved in the supply chain. Secondary sources, such as SEC filings, annual reports, whitepapers, and press releases, are also used.

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