Remittance Market Research Report Information By Mode of Transfer (Digital and Traditional (Non-digital)), By Type (Inward Remittance and Outward Remittance), By Channel (Banks, Money Transfer Operators, and Online Platforms (Wallets)), By End Use (Migrant Labor Workforce, Personal, Small Businesses, and Others), and By Region (North America, Europe, Asia-Pacific, and Rest Of The World) – Market Forecast Till 2032

TABLE OF CONTENTS

1. EXECUTIVE SUMMARY

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope of the Study

2.2.1. Research Objective

2.2.2. Assumptions

2.2.3. Limitations

3. RESEARCH METHODOLOGY

3.1. Overview

3.2. Data Mining

3.3. Secondary Research

3.4. Primary Research

3.4.1. Primary Interviews and Information Gathering Process

3.4.2. Breakdown of Primary Respondents

3.5. Forecasting Modality

3.6. Market Size Estimation

3.6.1. Bottom-Up Approach

3.6.2. Top-Down Approach

3.7. Data Triangulation

3.8. Validation

4. MARKET DYNAMICS

4.1. Overview

4.2. Drivers

4.3. Restraints

4.4. Opportunities

5. MARKET FACTOR ANALYSIS

5.1. Value Chain Analysis

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining Power of Suppliers

5.2.2. Bargaining Power of Buyers

5.2.3. Threat of New Entrants

5.2.4. Threat of Substitutes

5.2.5. Intensity of Rivalry

5.3. COVID-19 Impact Analysis

5.3.1. Market Impact Analysis

5.3.2. Regional Impact

5.3.3. Opportunity and Threat Analysis

6. GLOBAL REMITTANCE MARKET, BY MODE OF TRANSFER

6.1. Overview

6.2. Digital

6.3. Traditional (Non-digital)

7. GLOBAL REMITTANCE MARKET, BY TYPE

7.1. Overview

7.2. Inward Remittance

7.3. Outward Remittance

8. GLOBAL REMITTANCE MARKET, BY CHANNEL

8.1. Overview

8.2. Banks

8.3. Money Transfer Operators

8.4. Online Platforms (Wallets)

9. GLOBAL REMITTANCE MARKET, BY END-USE

9.1. Overview

9.2. Migrant Labor Workforce

9.3. Personal

9.4. Small Businesses

9.5. Others

10. GLOBAL REMITTANCE MARKET, BY REGION

10.1. Overview

10.2. North America

10.2.1. U.S.

10.2.2. Canada

10.3. Europe

10.3.1. Germany

10.3.2. France

10.3.3. U.K

10.3.4. Italy

10.3.5. Spain

10.3.6. Rest of Europe

10.4. Asia-Pacific

10.4.1. China

10.4.2. India

10.4.3. Japan

10.4.4. South Korea

10.4.5. Australia

10.4.6. Rest of Asia-Pacific

10.5. Rest of the World

10.5.1. Middle East

10.5.2. Africa

10.5.3. Latin America

11. COMPETITIVE LANDSCAPE

11.1. Overview

11.2. Competitive Analysis

11.3. Market Share Analysis

11.4. Major Growth Strategy in the Global Remittance Market,

11.5. Competitive Benchmarking

11.6. Leading Players in Terms of Number of Developments in the Global Remittance Market,

11.7. Key developments and Growth Strategies

11.7.1. New Mode of Transfer Launch/Type Channel

11.7.2. Merger & Acquisitions

11.7.3. Joint Ventures

11.8. Major Players Financial Matrix

11.8.1. Sales & Operating Income, 2022

11.8.2. Major Players R&D Expenditure. 2022

12. COMPANY PROFILES

12.1. BANK OF AMERICA CORPORATION

12.1.1. Company Overview

12.1.2. Financial Overview

12.1.3. Mode of Transfers Offered

12.1.4. Key Developments

12.1.5. SWOT Analysis

12.1.6. Key Strategies

12.2. ZEPZ

12.2.1. Company Overview

12.2.2. Financial Overview

12.2.3. Mode of Transfers Offered

12.2.4. Key Developments

12.2.5. SWOT Analysis

12.2.6. Key Strategies

12.3. CITIGROUP, INC..

12.3.1. Company Overview

12.3.2. Financial Overview

12.3.3. Mode of Transfers Offered

12.3.4. Key Developments

12.3.5. SWOT Analysis

12.3.6. Key Strategies

12.4. Ria Financial Services, Inc.

12.4.1. Company Overview

12.4.2. Financial Overview

12.4.3. Mode of Transfers Offered

12.4.4. Key Developments

12.4.5. SWOT Analysis

12.4.6. Key Strategies

12.5. OFX.

12.5.1. Company Overview

12.5.2. Financial Overview

12.5.3. Mode of Transfers Offered

12.5.4. Key Developments

12.5.5. SWOT Analysis

12.5.6. Key Strategies

12.6. WELLS FARGO

12.6.1. Company Overview

12.6.2. Financial Overview

12.6.3. Mode of Transfers Offered

12.6.4. Key Developments

12.6.5. SWOT Analysis

12.6.6. Key Strategies

12.7. Western Union Holdings, Inc

12.7.1. Company Overview

12.7.2. Financial Overview

12.7.3. Mode of Transfers Offered

12.7.4. Key Developments

12.7.5. SWOT Analysis

12.7.6. Key Strategies

12.8. PayPal

12.8.1. Company Overview

12.8.2. Financial Overview

12.8.3. Mode of Transfers Offered

12.8.4. Key Developments

12.8.5. SWOT Analysis

12.8.6. Key Strategies

12.9. MoneyGram International, Inc

12.9.1. Company Overview

12.9.2. Financial Overview

12.9.3. Mode of Transfers Offered

12.9.4. Key Developments

12.9.5. SWOT Analysis

12.9.6. Key Strategies

12.10. Wise US, Inc.

12.10.1. Company Overview

12.10.2. Financial Overview

12.10.3. Mode of Transfers Offered

12.10.4. Key Developments

12.10.5. SWOT Analysis

12.10.6. Key Strategies

13. APPENDIX

13.1. References

13.2. Related Reports

LIST OF TABLES

TABLE 1 GLOBAL REMITTANCE MARKET, SYNOPSIS, 2018-2032

TABLE 2 GLOBAL REMITTANCE MARKET, ESTIMATES & FORECAST, 2018-2032 (USD BILLION)

TABLE 3 GLOBAL REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 4 GLOBAL REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 5 GLOBAL REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 6 GLOBAL REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 7 NORTH AMERICA REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 8 NORTH AMERICA REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 9 NORTH AMERICA REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 10 NORTH AMERICA REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 11 NORTH AMERICA REMITTANCE MARKET, BY COUNTRY, 2018-2032 (USD BILLION)

TABLE 12 U.S. REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 13 U.S. REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 14 U.S. REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 15 U.S. REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 16 CANADA REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 17 CANADA REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 18 CANADA REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 19 CANADA REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 20 EUROPE REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 21 EUROPE REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 22 EUROPE REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 23 EUROPE REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 24 EUROPE REMITTANCE MARKET, BY COUNTRY, 2018-2032 (USD BILLION)

TABLE 25 GERMANY REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 26 GERMANY REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 27 GERMANY REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 28 GERMANY REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 29 FRANCE REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 30 FRANCE REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 31 FRANCE REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 32 FRANCE REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 33 ITALY REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 34 ITALY REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 35 ITALY REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 36 ITALY REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 37 SPAIN REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 38 SPAIN REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 39 SPAIN REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 40 SPAIN REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 41 U.K REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 42 U.K REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 43 U.K REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 44 U.K REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 45 REST OF EUROPE REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 46 REST OF EUROPE REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 47 REST OF EUROPE REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 48 REST OF EUROPE REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 49 ASIA PACIFIC REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 50 ASIA PACIFIC REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 51 ASIA PACIFIC REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 52 ASIA PACIFIC REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 53 ASIA PACIFIC REMITTANCE MARKET, BY COUNTRY, 2018-2032 (USD BILLION)

TABLE 54 JAPAN REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 55 JAPAN REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 56 JAPAN REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 57 JAPAN REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 58 CHINA REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 59 CHINA REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 60 CHINA REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 61 CHINA REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 62 INDIA REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 63 INDIA REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 64 INDIA REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 65 INDIA REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 66 AUSTRALIA REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 67 AUSTRALIA REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 68 AUSTRALIA REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 69 AUSTRALIA REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 70 SOUTH KOREA REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 71 SOUTH KOREA REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 72 SOUTH KOREA REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 73 SOUTH KOREA REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 74 REST OF ASIA-PACIFIC REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 75 REST OF ASIA-PACIFIC REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 76 REST OF ASIA-PACIFIC REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 77 REST OF ASIA-PACIFIC REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 78 REST OF WORLD REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 79 REST OF WORLD REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 80 REST OF WORLD REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 81 REST OF WORLD REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 82 REST OF WORLD REMITTANCE MARKET, BY COUNTRY, 2018-2032 (USD BILLION)

TABLE 83 MIDDLE EAST REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 84 MIDDLE EAST REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 85 MIDDLE EAST REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 86 MIDDLE EAST REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 87 AFRICA REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 88 AFRICA REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 89 AFRICA REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 90 AFRICA REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

TABLE 91 LATIN AMERICA REMITTANCE MARKET, BY MODE OF TRANSFER, 2018-2032 (USD BILLION)

TABLE 92 LATIN AMERICA REMITTANCE MARKET, BY TYPE, 2018-2032 (USD BILLION)

TABLE 93 LATIN AMERICA REMITTANCE MARKET, BY CHANNEL , 2018-2032 (USD BILLION)

TABLE 94 LATIN AMERICA REMITTANCE MARKET, BY END-USE, 2018-2032 (USD BILLION)

LIST OF FIGURES

FIGURE 1 RESEARCH PROCESS

FIGURE 2 MARKET STRUCTURE FOR THE GLOBAL REMITTANCE MARKET

FIGURE 3 MARKET DYNAMICS FOR THE GLOBAL REMITTANCE MARKET

FIGURE 4 GLOBAL REMITTANCE MARKET, SHARE (%), BY MODE OF TRANSFER, 2022

FIGURE 5 GLOBAL REMITTANCE MARKET, SHARE (%), BY TYPE, 2022

FIGURE 6 GLOBAL REMITTANCE MARKET, SHARE (%), BY CHANNEL , 2022

FIGURE 7 GLOBAL REMITTANCE MARKET, SHARE (%), BY END-USE, 2022

FIGURE 8 GLOBAL REMITTANCE MARKET, SHARE (%), BY REGION, 2022

FIGURE 9 NORTH AMERICA: REMITTANCE MARKET, SHARE (%), BY REGION, 2022

FIGURE 10 EUROPE: REMITTANCE MARKET, SHARE (%), BY REGION, 2022

FIGURE 11 ASIA-PACIFIC: REMITTANCE MARKET, SHARE (%), BY REGION, 2022

FIGURE 12 REST OF THE WORLD: REMITTANCE MARKET, SHARE (%), BY REGION, 2022

FIGURE 13 GLOBAL REMITTANCE MARKET: COMPANY SHARE ANALYSIS, 2022 (%)

FIGURE 14 BANK OF AMERICA CORPORATION: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 15 BANK OF AMERICA CORPORATION: SWOT ANALYSIS

FIGURE 16 ZEPZ: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 17 ZEPZ: SWOT ANALYSIS

FIGURE 18 CITIGROUP, INC..: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 19 CITIGROUP, INC..: SWOT ANALYSIS

FIGURE 20 RIA FINANCIAL SERVICES, INC.: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 21 RIA FINANCIAL SERVICES, INC.: SWOT ANALYSIS

FIGURE 22 OFX..: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 23 OFX..: SWOT ANALYSIS

FIGURE 24 WELLS FARGO: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 25 WELLS FARGO: SWOT ANALYSIS

FIGURE 26 WESTERN UNION HOLDINGS, INC: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 27 WESTERN UNION HOLDINGS, INC: SWOT ANALYSIS

FIGURE 28 PAYPAL: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 29 PAYPAL: SWOT ANALYSIS

FIGURE 30 MONEYGRAM INTERNATIONAL, INC: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 31 MONEYGRAM INTERNATIONAL, INC: SWOT ANALYSIS

FIGURE 32 WISE US, INC.: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 33 WISE US, INC.: SWOT ANALYSIS