Press release
Digital Remittance Market by Top Competitors Analysis Mobetize Corp., Remitly, Regalii, peerTransfer, Currency Cloud, Azimo, WorldRemit, TransferWise, Ripple, and MoneyGram.
According to the World Bank, global remittance market was valued at $582 billion in 2015, of which $432 billion was sent to emerging markets. Annually, several people send remittances worth thousands of billions of dollars to family, friends, or business associates in foreign countries. Cash-based operators facilitate the transfer of such huge remittance amount.
These players have a retail network through which customers can transfer or collect the remitted amount. However, the past two decades have witnessed the entry of digital remittance operators. These operators pose a serious challenge to traditional cash-in-hand providers due to reduced user fees and ease of usability. They offer digital transfer network, which include an easy-to-use mobile application and eliminate the need for tedious form-filling processes, agents, and codes.
Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-toc-and-sample/2968?utm_source=OPR
The growth of the digital remittance market is driven by rise in digitization & automation, reduced remittance cost & transfer time, and growth in adoption of banking & financial services. Furthermore, regulatory initiatives that encourage all financial institutions to become more transparent and nurture richer ecosystems of data & partners supplement the market growth. However, lack of awareness & guidance is a major factor that restrains people from opting for digital remittance transfer mode. Increase in access of financial services such as basic bank accounts among remittance recipients and rise in internet usage offer growth opportunities for the market.
The global digital remittance market is segmented based on remittance channel, end user, and geography. On the basis of remittance channel, the market is divided into banks, money transfer operators, and others. End users covered in the study include migrant labor workforce, low-income households, small businesses, and others. Geographically, the market is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Major companies profiled in the report include Mobetize Corp., Remitly, Regalii, peerTransfer, Currency Cloud, Azimo, WorldRemit, TransferWise, Ripple, and MoneyGram.
Key Benefits
• Comprehensive analysis of the current trends and future estimations in the global digital remittance market is provided.
• The report offers a competitive scenario of the market with growth trends, structure, drivers, scope, opportunities, and challenges.
• It includes a detailed analysis of the key segments to provide insights on market dynamics.
• Porters Five Forces analysis highlights the potential of buyers and suppliers and the competitive structure to devise effective growth strategies and facilitate better decision-making.
Get Customized Report @ https://www.alliedmarketresearch.com/request-for-customization/2968?utm_source=OPR
Table of Content:
Chapter: 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
Chapter: 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
Chapter: 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. MARKET SHARE ANALYSIS, 2016
3.4. PORTER’S FIVE FORCES ANALYSIS
3.4.1. MARKET DYNAMICS
3.4.2. Drivers
3.4.3. Restraints
3.4.4. Opportunities
Chapter: 4 DIGITAL REMITTANCE MARKET, BY REMITTANCE CHANNEL
4.1. OVERVIEW
4.1.1. Market size and forecast
4.2. BANKS
4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market size and forecast
4.3. MONEY TRANSFER OPERATORS
4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size and forecast
4.4. OTHER REMITTANCE SERVICE PROVIDERS
4.4.1. Key market trends
4.4.2. Growth factors and opportunities
4.4.3. Market size and forecast
Chapter: 5 DIGITAL REMITTANCE MARKET, BY END-USER
5.1. OVERVIEW
5.1.1. Market size and forecast
5.2. MIGRANT LABOR WORKFORCE
5.2.1. Market size and forecast
5.3. LOW-INCOME HOUSEHOLDS
5.3.1. Market size and forecast
5.4. SMALL BUSINESSES
5.4.1. Market size and forecast
5.5. OTHERS
5.5.1. Market size and forecast
Chapter: 6 DIGITAL REMITTANCE MARKET, BY GEOGRAPHY
6.1. OVERVIEW
6.2. NORTH AMERICA
6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast
6.2.3.1. U.S. market size and forecast
6.2.3.2. Canada market size and forecast
6.2.3.3. Mexico market size and forecast
6.2.4. North America Digital Remittance Market by Remittance Channel
6.2.5. North America Digital Remittance Market by End-User
6.3. EUROPE
6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast
6.3.3.1. Germany market size and forecast
6.3.3.2. France market size and forecast
6.3.3.3. UK market size and forecast
6.3.3.4. Rest of Europe market size and forecast
6.3.4. Europe Digital Remittance Market by Remittance Channel
6.3.5. Europe Digital Remittance Market by End-User
6.4. ASIA-PACIFIC
6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast
6.4.3.1. Japan market size and forecast
6.4.3.2. China market size and forecast
6.4.3.3. India market size and forecast
6.4.3.4. South Korea market size and forecast
6.4.3.5. Rest of Asia-Pacific market size and forecast
6.4.4. Asia-Pacific Digital Remittance Market by Remittance Channel
6.4.5. Asia-Pacific Digital Remittance Market by End-User
6.5. LAMEA
6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size and forecast
6.5.3.1. Latin America market size and forecast
6.5.3.2. Middle East market size and forecast
6.5.3.3. Africa market size and forecast
6.5.4. LAMEA Digital Remittance Market by Remittance Channel
6.5.5. LAMEA Digital Remittance Market by End-User
Chapter: 7 COMPANY PROFILES
7.1. MOBETIZE CORP.
7.1.1. Operating business segments
7.1.2. Business performance
7.1.3. Key strategic moves and developments
7.2. REMITLY
7.2.1. Operating business segments
7.2.2. Business performance
7.2.3. Key strategic moves and developments
7.3. REGALII
7.3.1. Operating business segments
7.3.2. Business performance
7.3.3. Key strategic moves and developments
7.4. PEERTRANSFER
7.4.1. Operating business segments
7.4.2. Business performance
7.4.3. Key strategic moves and developments
7.5. CURRENCY CLOUD
7.5.1. Operating business segments
7.5.2. Business performance
7.5.3. Key strategic moves and developments
7.6. AZIMO
7.6.1. Operating business segments
7.6.2. Business performance
7.6.3. Key strategic moves and developments
7.7. WORLDREMIT
7.7.1. Operating business segments
7.7.2. Business performance
7.7.3. Key strategic moves and developments
7.8. TRANSFERWISE
7.8.1. Operating business segments
7.8.2. Business performance
7.8.3. Key strategic moves and developments
7.9. RIPPLE
7.9.1. Operating business segments
7.9.2. Business performance
7.9.3. Key strategic moves and developments
7.10. MONEYGRAM
7.10.1. Operating business segments
7.10.2. Business performance
7.10.3. Key strategic moves and developments
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
These players have a retail network through which customers can transfer or collect the remitted amount. However, the past two decades have witnessed the entry of digital remittance operators. These operators pose a serious challenge to traditional cash-in-hand providers due to reduced user fees and ease of usability. They offer digital transfer network, which include an easy-to-use mobile application and eliminate the need for tedious form-filling processes, agents, and codes.
Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-toc-and-sample/2968?utm_source=OPR
The growth of the digital remittance market is driven by rise in digitization & automation, reduced remittance cost & transfer time, and growth in adoption of banking & financial services. Furthermore, regulatory initiatives that encourage all financial institutions to become more transparent and nurture richer ecosystems of data & partners supplement the market growth. However, lack of awareness & guidance is a major factor that restrains people from opting for digital remittance transfer mode. Increase in access of financial services such as basic bank accounts among remittance recipients and rise in internet usage offer growth opportunities for the market.
The global digital remittance market is segmented based on remittance channel, end user, and geography. On the basis of remittance channel, the market is divided into banks, money transfer operators, and others. End users covered in the study include migrant labor workforce, low-income households, small businesses, and others. Geographically, the market is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Major companies profiled in the report include Mobetize Corp., Remitly, Regalii, peerTransfer, Currency Cloud, Azimo, WorldRemit, TransferWise, Ripple, and MoneyGram.
Key Benefits
• Comprehensive analysis of the current trends and future estimations in the global digital remittance market is provided.
• The report offers a competitive scenario of the market with growth trends, structure, drivers, scope, opportunities, and challenges.
• It includes a detailed analysis of the key segments to provide insights on market dynamics.
• Porters Five Forces analysis highlights the potential of buyers and suppliers and the competitive structure to devise effective growth strategies and facilitate better decision-making.
Get Customized Report @ https://www.alliedmarketresearch.com/request-for-customization/2968?utm_source=OPR
Table of Content:
Chapter: 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
Chapter: 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
Chapter: 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. MARKET SHARE ANALYSIS, 2016
3.4. PORTER’S FIVE FORCES ANALYSIS
3.4.1. MARKET DYNAMICS
3.4.2. Drivers
3.4.3. Restraints
3.4.4. Opportunities
Chapter: 4 DIGITAL REMITTANCE MARKET, BY REMITTANCE CHANNEL
4.1. OVERVIEW
4.1.1. Market size and forecast
4.2. BANKS
4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market size and forecast
4.3. MONEY TRANSFER OPERATORS
4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size and forecast
4.4. OTHER REMITTANCE SERVICE PROVIDERS
4.4.1. Key market trends
4.4.2. Growth factors and opportunities
4.4.3. Market size and forecast
Chapter: 5 DIGITAL REMITTANCE MARKET, BY END-USER
5.1. OVERVIEW
5.1.1. Market size and forecast
5.2. MIGRANT LABOR WORKFORCE
5.2.1. Market size and forecast
5.3. LOW-INCOME HOUSEHOLDS
5.3.1. Market size and forecast
5.4. SMALL BUSINESSES
5.4.1. Market size and forecast
5.5. OTHERS
5.5.1. Market size and forecast
Chapter: 6 DIGITAL REMITTANCE MARKET, BY GEOGRAPHY
6.1. OVERVIEW
6.2. NORTH AMERICA
6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast
6.2.3.1. U.S. market size and forecast
6.2.3.2. Canada market size and forecast
6.2.3.3. Mexico market size and forecast
6.2.4. North America Digital Remittance Market by Remittance Channel
6.2.5. North America Digital Remittance Market by End-User
6.3. EUROPE
6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast
6.3.3.1. Germany market size and forecast
6.3.3.2. France market size and forecast
6.3.3.3. UK market size and forecast
6.3.3.4. Rest of Europe market size and forecast
6.3.4. Europe Digital Remittance Market by Remittance Channel
6.3.5. Europe Digital Remittance Market by End-User
6.4. ASIA-PACIFIC
6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast
6.4.3.1. Japan market size and forecast
6.4.3.2. China market size and forecast
6.4.3.3. India market size and forecast
6.4.3.4. South Korea market size and forecast
6.4.3.5. Rest of Asia-Pacific market size and forecast
6.4.4. Asia-Pacific Digital Remittance Market by Remittance Channel
6.4.5. Asia-Pacific Digital Remittance Market by End-User
6.5. LAMEA
6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size and forecast
6.5.3.1. Latin America market size and forecast
6.5.3.2. Middle East market size and forecast
6.5.3.3. Africa market size and forecast
6.5.4. LAMEA Digital Remittance Market by Remittance Channel
6.5.5. LAMEA Digital Remittance Market by End-User
Chapter: 7 COMPANY PROFILES
7.1. MOBETIZE CORP.
7.1.1. Operating business segments
7.1.2. Business performance
7.1.3. Key strategic moves and developments
7.2. REMITLY
7.2.1. Operating business segments
7.2.2. Business performance
7.2.3. Key strategic moves and developments
7.3. REGALII
7.3.1. Operating business segments
7.3.2. Business performance
7.3.3. Key strategic moves and developments
7.4. PEERTRANSFER
7.4.1. Operating business segments
7.4.2. Business performance
7.4.3. Key strategic moves and developments
7.5. CURRENCY CLOUD
7.5.1. Operating business segments
7.5.2. Business performance
7.5.3. Key strategic moves and developments
7.6. AZIMO
7.6.1. Operating business segments
7.6.2. Business performance
7.6.3. Key strategic moves and developments
7.7. WORLDREMIT
7.7.1. Operating business segments
7.7.2. Business performance
7.7.3. Key strategic moves and developments
7.8. TRANSFERWISE
7.8.1. Operating business segments
7.8.2. Business performance
7.8.3. Key strategic moves and developments
7.9. RIPPLE
7.9.1. Operating business segments
7.9.2. Business performance
7.9.3. Key strategic moves and developments
7.10. MONEYGRAM
7.10.1. Operating business segments
7.10.2. Business performance
7.10.3. Key strategic moves and developments
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
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