Global Remittance Market Report 2019 Market Size Share Price Trend and Forecast

Global Remittance Market Overview

The development of the worldwide market for remittances is influenced by the fast growth of the international migrant population. Furthermore, the market is dependent on the global migrated community. From a macroeconomic point of view, remittances can increase aggregate demand and thus stimulate both GDP and economic growth. Research, however, suggests that remittances can also have adverse macroeconomic effects by rising income inequality and decreasing recipient labour supply.

The global remittance market report covers four main sections, namely competitor segment, product type segment, end-use / application segment, and geography segment.

Factors Driving The Market

• Elevated economic growth
• Increase in urbanization 
• Increase in the jobs population

Region Wise Market Analysis

• North America retained the most significant share of the worldwide digital remittance market in 2018, due to the substantial amount of immigrants residing in the area for schooling, jobs, company, etc., and the existence of significant economic and communications services firms such as Western Union (WU), MoneyGram, and Ria Financial Services.
• The European digital remittance market is anticipated to see steady growth in the coming years as digital remittance solutions are highly adopted in multiple industries, such as automotive, banking, healthcare, and others.
• Asia Pacific's digital remittance market, due to increasing mobile-based payment techniques and wide adoption of sophisticated technology such as blockchain in banking and financial services, is expected to be the fastest increasing market over the forecast period. The main contributors to this regional economy are India and China.
• Due to Egypt's to steady exchange rate expectations, the Middle East and Africa are anticipated to experience moderate development in the coming years.

Segments And Classification

The overall global remittance market is classified into three sections based on type, application and region.

Segments in Remittance Market Based on Type

• Bank Money Transfer Services
• Money Transfer App
• Others

Segments in Remittance Market Based on Application

• Personal Remittances
• Business Remittances
• Public Services

Segments in Remittance Market Based on Region

• North America
• South America
• Asia & Pacific
• Europe
• MEA (Middle East and Africa )

Featured Company

The global digital remittance market is highly competitive, with major players dominating the market. Some of the key companies discussed in this report are,

• Bank of China
• Bank of America
• PayPal
• Alipay
• BNP Paribas
• Deutsche Bank
• Venmo
• Google Wallet
• Square Cash

What The Report Has To Offer

The report presents vital vendor market shares for the company profile, product specifications, capacity, production value, and 2013-2018. The overall market is further split by business, nation, and competitive landscape analysis application/type. The study estimates market trends in the Remittance sector for 2019-2024. Upstream raw materials analysis, downstream demand and present market dynamics are also conducted.

Table of Content

Chapter 1 Executive Summary

Chapter 2 Abbreviation and Acronyms

Chapter 3 Preface
3.1 Research Scope
3.2 Research Methodology
3.2.1 Primary Sources
3.2.2 Secondary Sources
3.2.3 Assumptions

Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users

Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats

Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Remittance Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users

Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics

Chapter 8 Trading Analysis
8.1 Export of Remittance by Region
8.2 Import of Remittance by Region
8.3 Balance of Trade

Chapter 9 Historical and Current Remittance in North America (2013-2018)
9.1 Remittance Supply
9.2 Remittance Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 US
9.5.2 Canada
9.5.3 Mexico

Chapter 10 Historical and Current Remittance in South America (2013-2018)
10.1 Remittance Supply
10.2 Remittance Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru

Chapter 11 Historical and Current Remittance in Asia & Pacific (2013-2018)
11.1 Remittance Supply
11.2 Remittance Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 ASEAN
11.5.6 Australia

Chapter 12 Historical and Current Remittance in Europe (2013-2018)
12.1 Remittance Supply
12.2 Remittance Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 UK
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia

Chapter 13 Historical and Current Remittance in MEA (2013-2018)
13.1 Remittance Supply
13.2 Remittance Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Iran
13.5.3 Israel
13.5.4 South Africa
13.5.5 GCC
13.5.6 Turkey

Chapter 14 Summary for Global Remittance (2013-2018)
14.1 Remittance Supply
14.2 Remittance Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price

Chapter 15 Global Remittance Forecast (2019-2023)
15.1 Remittance Supply Forecast
15.2 Remittance Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast

Chapter 16 Analysis of Global Key Vendors
16.1 BNP Paribas
16.1.1 Company Profile
16.1.2 Main Business and Remittance Information
16.1.3 SWOT Analysis of BNP Paribas
16.1.4 BNP Paribas Remittance Sales, Revenue, Price and Gross Margin (2014-2019)
16.2 Bank of China
16.2.1 Company Profile
16.2.2 Main Business and Remittance Information
16.2.3 SWOT Analysis of Bank of China
16.2.4 Bank of China Remittance Sales, Revenue, Price and Gross Margin (2014-2019)
16.3 Bank of America
16.3.1 Company Profile
16.3.2 Main Business and Remittance Information
16.3.3 SWOT Analysis of Bank of America
16.3.4 Bank of America Remittance Sales, Revenue, Price and Gross Margin (2014-2019)
16.4 Deutsche Bank
16.4.1 Company Profile
16.4.2 Main Business and Remittance Information
16.4.3 SWOT Analysis of Deutsche Bank
16.4.4 Deutsche Bank Remittance Sales, Revenue, Price and Gross Margin (2014-2019)
16.5 BNP Paribas
16.5.1 Company Profile
16.5.2 Main Business and Remittance Information
16.5.3 SWOT Analysis of BNP Paribas
16.5.4 BNP Paribas Remittance Sales, Revenue, Price and Gross Margin (2014-2019)
16.6 Venmo
16.6.1 Company Profile
16.6.2 Main Business and Remittance Information
16.6.3 SWOT Analysis of Venmo
16.6.4 Venmo Remittance Sales, Revenue, Price and Gross Margin (2014-2019)
16.7 Paypal
16.7.1 Company Profile
16.7.2 Main Business and Remittance Information
16.7.3 SWOT Analysis of Paypal
16.7.4 Paypal Remittance Sales, Revenue, Price and Gross Margin (2014-2019)
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Tables and Figures

Table Abbreviation and Acronyms List
Table Research Scope of Remittance Report
Table Primary Sources of Remittance Report
Table Secondary Sources of Remittance Report
Table Major Assumptions of Remittance Report
Figure Remittance Picture
Table Remittance Classification
Table Remittance Applications List
Table Drivers of Remittance Market
Table Restraints of Remittance Market
Table Opportunities of Remittance Market
Table Threats of Remittance Market
Table Raw Materials Suppliers List
Table Different Production Methods of Remittance
Table Cost Structure Analysis of Remittance
Table Key End Users List
Table Latest News of Remittance Market
Table Merger and Acquisition List
Table Planned/Future Project of Remittance Market
Table Policy of Remittance Market
Table 2014-2024 Regional Export of Remittance
Table 2014-2024 Regional Import of Remittance
Table 2014-2024 Regional Trade Balance
Figure 2014-2024 Regional Trade Balance
Table 2014-2024 North America Remittance Market Size (M USD) and Market Volume (Tons) List
Figure 2014-2024 North America Remittance Market Size (M USD) and CAGR
Figure 2014-2024 North America Remittance Market Volume (Tons) and CAGR
Table 2014-2024 North America Remittance Demand (Tons) List by Application
Table 2014-2019 North America Remittance Key Players Sales (Tons) List
Table 2014-2019 North America Remittance Key Players Market Share List
Table 2014-2024 North America Remittance Demand (Tons) List by Type
Table 2014-2019 North America Remittance Price (USD/Ton) List by Type
Table 2014-2024 US Remittance Market Size (M USD) and Market Volume (Tons) List
Table 2014-2024 US Remittance Import & Export (Tons) List
Table 2014-2024 Canada Remittance Market Size (M USD) and Market Volume (Tons) List
Table 2014-2024 Canada Remittance Import & Export (Tons) List
Table 2014-2024 Mexico Remittance Market Size (M USD) and Market Volume (Tons) List
Table 2014-2024 Mexico Remittance Import & Export (Tons) List
Table 2014-2024 South America Remittance Market Size (M USD) and Market Volume (Tons) List
Figure 2014-2024 South America Remittance Market Size (M USD) and CAGR
Figure 2014-2024 South America Remittance Market Volume (Tons) and CAGR
Table 2014-2024 South America Remittance Demand (Tons) List by Application
Table 2014-2019 South America Remittance Key Players Sales (Tons) List
Table 2014-2019 South America Remittance Key Players Market Share List
Table 2014-2024 South America Remittance Demand (Tons) List by Type
Table 2014-2019 South America Remittance Price (USD/Ton) List by Type
Table 2014-2024 Brazil Remittance Market Size (M USD) and Market Volume (Tons) List
Table 2014-2024 Brazil Remittance Import & Export (Tons) List
Table 2014-2024 Argentina Remittance Market Size (M USD) and Market Volume (Tons) List
Table 2014-2024 Argentina Remittance Import & Export (Tons) List
Table 2014-2024 Chile Remittance Market Size (M USD) and Market Volume (Tons) List
Table 2014-2024 Chile Remittance Import & Export (Tons) List
Table 2014-2024 Peru Remittance Market Size (M USD) and Market Volume (Tons) List
Table 2014-2024 Peru Remittance Import & Export (Tons) List
Table 2014-2024 Asia & Pacific Remittance Market Size (M USD) and Market Volume (Tons) List
Figure 2014-2024 Asia & Pacific Remittance Market Size (M USD) and CAGR
Figure 2014-2024 Asia & Pacific Remittance Market Volume (Tons) and CAGR
Table 2014-2024 Asia & Pacific Remittance Demand (Tons) List by Application
Table 2014-2019 Asia & Pacific Remittance Key Players Sales (Tons) List
Table 2014-2019 Asia & Pacific Remittance Key Players Market Share List
Table 2014-2024 Asia & Pacific Remittance Demand (Tons) List by Type
Table 2014-2019 Asia & Pacific Remittance Price (USD/Ton) List by Type
Table 2014-2024 China Remittance Market Size (M USD) a