Press release
Latest Research on Remittance Software Market with Top Key Players: Remit One, Remit Anywhere, FinCode, MTS, Girmiti Software Private, Grey Systems, ControlBox Corp. NextGen Systems UK, Fiserv, and Daemon Software.
Global Remittance software market is expected to grow from US$ 1279.64 Mn in 2017 to US$ 3323.41 Mn by 2025 at a CAGR of 12.7% during the forecast period.Global Remittance Software Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
Remittance software market is a money transfer software which provides online transfer of money by the use of, online portal, money transfer app, and mobile phone apps. In addition to this, the entry of mobile based money transfer online players has put the remittance market dynamics into an interesting situation.
The report enables you to-
• Formulate significant competitor information, analysis, and insights to improve R&D strategies
• Identify emerging players with potentially strong product portfolio and create effective counter strategies to gain competitive advantage
• Identify and understand important and diverse types of Remittance Software under development
• Develop market entry and market expansion strategies
• Plan mergers and acquisitions effectively by identifying major players with the most promising pipeline
• In-depth analysis of the product's current stage of development, territory and estimated launch date
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The banking industry had already established their own remittance system but lack of availability of these banks or their networks in the remote areas of developing countries has left large scopes for improvement in the remittance services industry. As a result, there has been a marked rise in the awareness amongst the masses about the various available modes for money transfers. The market for remittance software is highly fragmented market with the top ten companies accounting for approximately 20% of the market share.
List Companies
1. Remit One Ltd.
2. Remit Anywhere
3. FinCode Ltd.
4. MTS
5. Girmiti Software Private Limited
6. Grey Systems
7. ControlBox Corp
8. NextGen Systems UK Limited
9. Fiserv, Inc.
10. Daemon Software.
Remittance Software Market – Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
APAC is largest adopter of remittance software, followed by North America and South America region. This is attributable to growing numbers of migrants across border and increasing technological trends is anticipated to be the fastest growing region in terms of remittance software market.
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The report focuses on an in-depth segmentation of remittance software market based by software, by deployment type, and by application. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The regional market has been further bifurcated by respective countries. By application segment personal remittance software accounted for the largest market share and highest market growth in 2017; whereas, APAC region is expected to grow at the highest CAGR during the forecast period.
The report aims to provide an overview of global remittance software market with detailed market segmentation. Also, it analyzes the current remittance software market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provides PEST analysis of all five regions along with the SWOT analysis for all company profiled in the report.
Table of Content: -
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Remittance Software Industry Insights
Chapter 4. Remittance Software Market, By Application
Chapter 5. Remittance Software Market, By Operation
Chapter 6. Remittance Software Market, By Region
Chapter 7. Company Profiles
Rapidly growing economies in Asia-Pacific (APAC) with significant growth smartphone users and digitalization across countries will pave the path for increasing adoption and propel the market for remittance software market. The Asia-Pacific region is expected to lead the market with highest CAGR during the forecast period.
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Reason to Buy
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Remittance Software market
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Remittance Software market, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
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