Remittance Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast

Researchmoz added Most up-to-date research on "Remittance Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast" to its huge collection of research reports.

Remittance is defined as transfer of money by an individual residing in foreign country to his/her home country. The monetary fund transferred by foreign migrants to their homes represents second largest financial inflow to the respective nation. Remittance channel is collectively comprised of a sender, a recipient, intermediaries in both countries, and the payment interface used by the intermediaries. In order to ensure greatest security during any money transfer transaction, certain international standards have been set by the World Bank. The remittance system encompasses the following components: Remittance Service Providers (RSP), Remittance Corridors, and Remittance Network and, Money Transfer System. Remittances are playing an increasingly large role in the economies of many countries. They contribute to economic growth and to the livelihoods of less prosperous people.

The key factors driving the growth of the global remittance market are growing urbanization, accelerating economic growth, rising employment population and rapidly increasing international migrant population. Some of the noteworthy trends and developments of this industry are sustainable development goals and financing for development, expanding existing payment system infrastructure for remittances, unstable remittance cost, the impact of remittance on health, education and poverty, wide portfolio of remittance services and electronic transactions on the rise. However, the expansion of global remittance market is hindered by strict regulatory compliances and access points establishment.

To Get Sample Copy of Report visit @ https://www.researchmoz.us/enquiry.php?type=S&repid=507321

Table of Content

1. Overview
1.1 Types of Remittance Services
1.2 Remittance Marketplace
1.2.1 Components of Remittance Marketplace
1.3 Remittance Market Value Chain

2. Global Remittance Market
2.1. Remittance Market by Income Characteristics
2.1.1 Low Income Countries
2.1.2 Middle Income Countries
2.1.3 High Income Countries
2.2 Remittances Market by Region
2.2.1 Developing Countries
2.2.2 East Asia and Pacific Region
2.2.3 Europe and Central Asia Region
2.2.4 Latin America and Caribbean Region
2.2.5 Middle East and North Africa Region
2.2.6 South Asia Region
2.2.7 Sub Saharan Africa Region
2.3 Remittances Market by Largest Receiving Countries

Browse TOC @ https://www.researchmoz.us/global-remittance-market-report-2015-edition-report.html/toc

3. Market Dynamics
3.1 Growth Drivers
3.1.1 Increasing International Migration
3.1.2 Growing Urbanization
3.1.3 Economic Growth
3.1.4 Rising Employment Opportunities
3.2 Trends & Developments
3.2.1 Sustainable Development Goals and Financing for Development
3.2.2 Expanding Existing Payment System Infrastructures for Remittances
3.2.3 Unstable Remittance Cost
3.2.4 Impact of Remittance on Health, Education and Poverty
3.2.5 Wide Portfolio of Remittance Service
3.2.6 Electronic Transactions on Rise

About ResearchMoz

ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.

Mr. Nachiket
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Email: sales@researchmoz.us
Website @ http://www.researchmoz.us/
Tel: 866-997-4948 (Us-Canada Toll Free)
Tel: +1-518-621-2074
Follow us on LinkedIn @ http://bit.ly/1TBmnVG

This release was published on openPR.