TechNavio's analysts forecast the International Remittance market to grow at a CAGR of 6.73 percent over the period 2012-2016. Increased international migration is one of the key factors contributing to the market growth. The International Remittance market has also been witnessing increasing number of market players entering the market. However, the increasing incidences of fraud could pose a challenge to the growth of this market.
TechNavio's report, the International Remittance Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the International Remittance market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this space include Western Union Co., MoneyGram International Inc., Safaricom, and Xoom Corp.
The other vendors mentioned in this report are Al Rajhi Bank, Australia and New Zealand Banking Group Ltd., Digicel Mobile Money, East West Bank, HSBC, iRemit, MoneyGram, and Westpac Bank Corp.
Key questions answered in this report:
What will the market size be in 2016 and what will be the growth rate?
What are key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by key vendors?
What are the strengths and weaknesses of each of these key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details provided within the report
01. Executive Summary
02. List of Abbreviations
04. Market Research Methodology
Market Research Process
05. Scope of the Report
06. Market Landscape
06.1 Market Size
06.2 Market Forecast
06.3 Developing Countries
06.4 Across Classified Income Countries
Low Income Countries
Middle Income Countries
High Income Countries
06.5 Five Forces Analysis
07. Geographical Segmentation
07.1 East Asia and Pacific
07.2 South Asia
07.3 Latin America and Caribbean
07.4 Middle East and North Africa
07.5 Europe and Central Asia
07.6 Sub-Saharan Africa
08. Key Leading Countries
09. Vendor Landscape
09.1 Key Market Players
Money Transfer Operators
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Key Vendor Analysis
16.1 Western Union Company
16.2 Money Gram International Inc. (MGI),
16.4 Xoom Corporation
17. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: International Remittance Market 2012-2016 (US$ billion)
Exhibit 3: International Remittance Market in Developing Countries 2012-2016 (US$ billion)
Exhibit 4: International Remittance Market across Globe 2012 (US$ billion)
Exhibit 5: International Remittance Market across Globe 2012 (in percentage)
Exhibit 6: International Remittance Market across Regions 2012 (US$ billion)
Exhibit 7: Remittance Flow in East Asia and Pacific 2012-2016 (US$ billion)
Exhibit 8: Remittance Flow in South Asia 2012-2016 (US$ billion)
Exhibit 9: Remittance Flow in Latin America and Caribbean 2012-2016 (US$ billion)
Exhibit 10: Remittance Flow in Middle East and North Africa 2012-2016 (US$ billion)
Exhibit 11: Remittance Flow in Europe and Central Asia 2012-2016 (US$ billion)
Exhibit 12: Remittance Flow in Sub-Saharan Africa 2012-2016 (US$ billion)
Exhibit 13: Remittance Transaction through MTOs
Exhibit 14: Remittance Transaction through Banks
Exhibit 15: Top 10 Countries with Highest Remittance Inflow (US$ billion)
Exhibit 16: Process Flow of Transaction with Western Union
Exhibit 17: Process Flow of Transaction with MoneyGram