Press release
Remittance Market - 2020: Market Share, Top Impacting Factors, Growth Opportunities and Business Statistics By 2027 | Citigroup Inc., JPMorgan Chase & Co., Bank of America, MoneyGram International Inc., and RIA Financial Services Ltd.
Remittance Market
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HOW THIS REPORT WILL HELP YOU:
This report makes it important to understand the practical implications of the remittance market. To gain a competitive advantage, the players must have something unique. By tapping into the untapped market segment, they can establish a relevant point of differentiation, and this report offers an extensive analysis of untapped segments to benefit the market players and new entrants to gain the market share.
COVID-19 Scenario:
The remittance industry has been the worst hit by COVID-19 globally. Based on the government restrictions, and WHO guidelines the companies have stopped their manufacturing processes. The global lockdown has impacted the suppliers and distributors as well to halt their services. This impact hampered the growth of the market to a certain extent.
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REMITTANCE MARKET KEY SEGMENTATION:
The market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.
The analysis becomes much easier and effective with proper segmentation of the market. The study offers a detailed segmentation of global remittance market based on the sales, revenue, growth rate, and market share of each segment. The key segments analyzed in the report are type, remittance channel, application, end user and region. The data tables and related graphs offered in the report makes the analysis easy to understand.
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REMITTANCE MARKET KEY PLAYERS:
Understanding the competitors’ key operating strategies, business performance in the past, and product & service portfolio is important to frame better business strategies to gain the competitive advantage. This report offers the extensive analysis of key players active in the global remittance market. Leading market players analyzed in the report include Bank of America, Citigroup Inc., JPMorgan Chase & Co., MoneyGram International Inc., RIA Financial Services Ltd., TransferWise Ltd., UAE Exchange, Wells Fargo, Western Union Holdings Inc. and XOOM. These players have adopted various strategies for expansion and development including joint ventures, mergers and acquisitions, collaborations and if required spin offs to gain a strong position in the market.
KEY OFFERINGS OF THE REPORT:
1. Key drivers & Opportunities: An extensive analysis on key factors and opportunities available in different segments for strategizing.
2. Current trends & forecasts: A comprehensive analysis on latest trends, and forecasts for next few years to frame strategic decisions as a next step.
3. Segmental analysis: An extensive analysis of each segment and driving factors such as revenue and growth rate is offered.
4. Regional Analysis: A thorough analysis of each geographic region can help market players devise expansion strategies and gain from the opportunity.
5. Competitive Landscape: Useful insights on each of the leading market players for outlining competitive scenario and related strategies have been offered in the report.
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Remittance Market Key Segments:
By Type:
1. Inward Remittance
2. Outward Remittance
By Channel:
1. Banks
2. Money Transfer Operator
3. Others
By Application:
1. Consumption
2. Savings
3. Investment
By End User:
1. Business
2. Personal
By Region:
1. South Asia/Southeast Asia
2. MENA
3. Rest of the World
CHAPTERS DISCUSSED IN THE REPORT: [Total 382 Pages]
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Global Remittance Market, By Type
Chapter 5: Global Remittance Market, By Remittance Channel
Chapter 6: Global Remittance Market, By Application
Chapter 7: Global Remittance Market, By End User
Chapter 8: Remittance Market, By Region
Chapter 9: Company Profiles: Major Players
Chapter 10: Company Profiles: Startup’s
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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.
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