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Remittance Market 2018 Emerging Trends, Key Players(PayPal Holdings Inc., Western Union, Money Gram International and Euronet ), Projections & Estimations, Business Competitors, Key Companies and Forecast 2022

09-12-2018 07:32 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orbis Research

Remittance

Remittance

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. 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.

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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 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.

Competitive analysis or competitor study includes detailed information of manufacturer’s business models, strategies, revenue growth and all the data required that would benefit the person conducting the market research. For new investors and business initiatives market research is a must as it gives them a direction and a plan of action to move forward keeping in mind their competitors.

Following regions are covered in Global Luxury Vehicles Market Industry report:

·         North America Country (United States, Canada)

·         South America

·         Asia Country (China, Japan, India, Korea)

·         Europe Country (Germany, UK, France, Italy)

·         Other Country (Middle East, Africa, GCC)

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Table of Contents

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

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

4. Market Dynamics
4.1 Growth Drivers
4.1.1 Decreasing Remittance Costs
4.1.2 Increasing International Migration

5. Competition
5.1 Global Market
5.1.1 Revenue Comparison of Key Players
5.1.2 Market Cap Comparison of Key Players

6. Company Profiles
6.1 PayPal Holdings Inc.
6.1.1 Business Overview
6.1.2 Financial Overview
6.1.3 Business Strategies
6.2 Western Union
6.2.1 Business Overview
6.2.2 Financial Overview
6.2.3 Business Strategies
6.3 Euronet
6.3.1 Business Overview
6.3.2 Financial Overview
6.3.3 Business Strategies
6.4 MoneyGram International Inc.
6.4.1 Business Overview
6.4.2 Financial Overview
6.4.3 Business Strategies

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Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

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