Digital Money Transfer Market Size Estimated to Observe Significant Growth | Amdocs, eServGlobal, Huawei

Covid-19 Impact Update – Global Market Research Industry

A new business intelligence report released by AMA with title Digital Money Transfer Market Size, Status and Forecast 2019-2025 is designed covering micro level of analysis by manufacturers and key business segments. The Global Digital Money Transfer Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing. Some of the key players profiled in the study are Amdocs (United States), eServGlobal (Australia), Huawei (China), Mastercard (United States), Axis Bank (India), PayPal (United States), Visa (United States) and Interac (Canada).

The rising digitilized across the globe is one of the strongest reasons that the digital money transfer market is growing. As it is very difficult to physically go to a bank and then follow the procedure, hence becoming the inclusion of the digital medium and thus the process is gaining high momentum. The process uses a gateway and digital accounts of both the sender and receiver. The gateway makes the process secure. The digital remittance, on the other hand, can transform the local and global economy. For example, it is studied by Statista that Transaction value in the Digital Remittances segment amounts to approximately USD 95,959 Million in 2020, thus increasing the market for digital money transfer.

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Market Drivers
• Growing Acceptance of Online Banking
• Increasing Number of Digital Devices like Smart-Phones, Mobiles Etc

Market Trend
• Growing E-Commerce Application In P2P Technology
• Rising Trend of application Like Google Pay in this Industry

Restraints
• Concern Related to Data Privacy

Opportunities
• Digital Money Transfers has many growth
opportunities precisely in the developing countries which include China and India. The Indian government is focusing to develop positive policy framework which includes Goods & service taxes, improving digital infrastructure, financial inclusion and launching payment systems such as Aadhar enabled payments, UPI & other fueling the digital payment sector.

Challenges
• Increase in Cyber-Attacks
• Concern Related to Hacks in these Transactions

Important Features that are under offering & key highlights of the report:

1) How Study Have Considered the Impact of COVID-19 / Economic Slowdown of 2020 ?
Analyst at AMAare constantly gathering and conducting survey with opinion leaders and Industry experts from various region to minutely understand impact on growth as well as local reforms to evaluate study and market estimates. Due to lockdown different online medium and procedures are followed like SurveyMonkey, LinkedIn Connections, and Email reach and industry forum to established industry viewpoint to garner rich insights for study. A special chapter in the study presents Impact Analysis of COVID-19 on Digital Money Transfer Market along with tables and graphs related to various country and segments showcasing impact on growth trends.

2) Can list of players be customizeaccordingto targeted regional geographies to match business objective?
Considering heat map analysis and based on market buzz or voice the profiled list of companies in the the report are Amdocs (United States), eServGlobal (Australia), Huawei (China), Mastercard (United States), Axis Bank (India), PayPal (United States), Visa (United States) and Interac (Canada). ". Yes, further list of players can also be customized as per your requirement keeping in mind your areas of interest and adding local emerging players and leaders from targeted geography.

** List of companies covered may vary in the final report subject to Name Change / Merger & Acquisition Activity etc. based on the difficulty of survey since data availability needs to be confirmed by research team especially in case of privately held company. Up to 2 players can be added at no additional cost.

3) Can Market be broken down by different set of application and types?
Additional segmentation / Market breakdown is possible subject to data availability, feasibility and depending upon timeline and toughness of survey. However a detailed requirement needs to be prepared before making any final confirmation.

** 3+ Additional country of your interest can be included at no added cost feasibility test would be conducted by Analyst team of AMA based on the requirement shared and accordingly deliverable time will also be disclosed.

Enquire for customization in Report @
https://www.advancemarketanalytics.com/enquiry-before-buy/31697-global-digital-money-transfer-market

To comprehend Digital Money Transfer market dynamics in the world mainly, the worldwide Digital Money Transfer market is analyzed across major global regions. AMA also provides customized specific regional and country-level reports for the following areas.

• North America: United States, Canada, and Mexico.
• South & Central America: Argentina, Chile, and Brazil.
• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
• Europe: United Kingdom, France, Italy, Germany, Spain, Belgium, Netherlands, Poland and Russia.
• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.

The titled segments and sub-section of the market are illuminated below:
Digital Money Transfer
Type (Mobile Domestic Money Transfer, Online Domestic Money Transfer, Others), Application (Consumer, Enterprise), Medium (Mobile-to-Mobile transfer (M2M), Mobile-to-Bank transfer (M2B), Mobile-to-Cash transfer (M2C)), Service (Domestic Money Transfer, International Market Transfer), Transactions Type (Direct Deposits, Credit and Debit Card Transactions, Wire Transfers, Online Bill payments), End User (Banking, Finance, Investment Institution, Others)
Digital Money Transfer Region

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Major Highlights of TOC:
Chapter One: Global Digital Money Transfer Market Industry Overview
1.1 Digital Money Transfer Industry
1.1.1 Overview
1.1.2 Products of Major Companies
1.2 Digital Money Transfer Market Segment
1.2.1 Industry Chain
1.2.2 Consumer Distribution
1.3 Price & Cost Overview
Chapter Two: Global Digital Money Transfer Market Demand
2.1 Segment Overview
2.1.1 APPLICATION 1
2.1.2 APPLICATION 2
2.1.3 Other
2.2 Global Digital Money Transfer Market Size by Demand
2.3 Global Digital Money Transfer Market Forecast by Demand
Chapter Three: Global Digital Money Transfer Market by Type
3.1 By Type
3.1.1 TYPE 1
3.1.2 TYPE 2
3.2 Digital Money Transfer Market Size by Type
3.3 Digital Money Transfer Market Forecast by Type
Chapter Four: Major Region of Digital Money Transfer Market
4.1 Global Digital Money Transfer Sales
4.2 Global Digital Money TransferRevenue & market share
Chapter Five: Major Companies List
Chapter Six: Conclusion

Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.

AMA also offers Custom Research services providing focused, comprehensive and tailored research according to clientele objectives. Thanks for reading this article; you can also get individual chapter wise section or region wise report like North America, Europe or Asia.

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Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
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