ResearchMoz

Global Money Transfer (Remittances) Market Report: 2013 Edition

Koncept Analytics
Published Date » 2013-12-23
No. Of Pages » 60
 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, Remittance Network and, Money Transfer System. 
   
 A consistent increase has been observed in the global remittance inflow and...
Table of Content

1. Overview
1.1 Remittance Marketplace
1.1.1 Components of Remittance Marketplace
1.1.2. Remittance Market Value Chain

2. Global Remittance Market
  • Remittance Inflow Growth
  • Remittance Outflow Growth
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
2.3.1 India
2.3.2 China
2.3.3 Philippines
2.3.4 Mexico

3. Market Dynamics
3.1 Growth Drivers
3.1.1 Increasing International Migration
3.1.2 Rising Global GDP
3.1.3 Increasing Employment Opportunities
3.2 Trends and Developments
3.2.1 Correlation of Remittance and Foreign Exchange Rates
3.2.2 Unstable Remittance Cost
3.2.3 Impact of Remittance on Health, Education and Poverty
3.2.4 Wide Portfolio of Remittance Service
3.2.5 Remittance Cost Gap between India and China
3.3 Challenges
3.3.1 Access Points Establishment
3.3.2 Taxes on Remittances
3.3.3 Strict Regulatory Compliances

4. Competitive Landscape
4.1 Agent Locations
4.2 Transfer Mechanism

5. Company Profiles
5.1 The Western Union Company
5.1.1 Business Overview
5.1.2 Financial Overview
5.1.3. Business Strategies
  • Expanding Global Presence
  • Technological Innovations
5.2 MoneyGram International, Inc. 
5.2.1 Business Overview
5.2.2 Financial Overview
5.2.3 Business Strategies
  • Expansion through Collaborations
  • Enhancing Service Portfolio
5.3 Euronet Worldwide, Inc.
5.3.1 Business Overview
5.3.2 Financial Overview
5.3.3 Business Strategies
  • Focus on Technological Innovation
  • Growth through Acquisitions
6. Market Outlook
6.1 Market Forecast
6.2 Forecast Methodology
6.2.1 Dependent and Independent Variables
6.2.2 Correlation Analysis
6.2.3 Regression Analysis

List of Tables


Transfer Mechanism Offered by Major Money Transfer Organization (2012) 
Dependent & Independent Variables (2007-2012) 
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output

List of Figures


Account-Based Model
Basic Non-Account Based Model
Value Chain: Remittance Industry
Global Remittance Inflow (2007-2012) 
Global Remittance Outflow (2007-2012) 
Top 10 Addressers of Remittances (2012) 
Remittance Flow to Low Income Countries (2009-2013E) 
Remittance Flow to Middle Income Countries (2009-2013E) 
Remittance Flow to High Income Countries (2009-2013E) 
Remittance Flow to Developing Countries (2009-2013E) 
Remittance Flow to East Asia and Pacific Region (2009-2013E) 
Remittance Flow to Europe and Central Asia Region (2009-2013E) 
Percentage Change in Remittance Outflows from Western Europe (2007—2012) 
Percentage Change in Remittance Inflows to Eastern Europe (2007-2012) 
Remittance Flow to Latin America & Caribbean Region (2009-2013E) 
Remittance Flow to Middle East and Africa Region (2009-2013E) 
Remittance Flow to South Asia Region (2009-2013E) 
Remittance Flow to Sub Saharan Africa (2009-2012) 
Top 10 Recipients of Migrant Remittances (2013E) 
Top 10 Recipients of Migrant Remittances as % of GDP (2012) 
Remittance Flows to India (2007-2013E) 
Remittance Flows to China (2007-2013E) 
Remittance Flows to Philippines (2007-2013E) 
Remittance Flow to Mexico (2007-2013E) 
Distribution of Remittances by Channel (Jan 2013- Oct 2013) 
International Migrants Population (1990-2013E) 
Global GDP (2007-2012) 
Global Employed Population (2002-2011) 
Exchange Rate of Indian Rupee against US$ (Q111-Q313) 
Exchange Rate of Mexican Peso against US$ (Q111-Q313) 
Exchange Rate of Philippine Peso against US$ (Q111-Q313) 
Global Weighted Average for Sending USD 200 (2008-Q313) 
Average Cost of Remitting from G20 Countries (Q313) 
Average Cost by Remittance Service (Q313) 
Availability of Product Type (Q313) 
Number of RSPs in Common Sending Countries (Q313) 
Money Transfer – Market Share by Revenue (2012) 
No. of Agent Locations of Major Money Transfer Organizations (2012) 
Western Union’s Revenue by Business Segments (2012) 
Western Union’s Money Transfer Revenues (2008-2012) 
MoneyGram’s Revenue Share by Business Segments (2012) 
Money Gram’s Money Transfer Revenues (2008-2012) 
Euronet’s Revenue Share by Business Segments (2012) 
Euronet’s Money Transfer Revenues (2008-2012) 
Global Remittance Inflow Forecast (2007-2016F) 

Upcoming Reports:

Poland: market of cago containers for vehicles
By - Williams and Marshal Strategy
This report presents a comprehensive overview of the containers for vehicles market in Poland and its state as of January 2014. It provides detailed analysis of the industry, its dynamics and structure. The purpose of the report is to describe the state of the containers for vehicles market in Poland, to present actual and retrospective information about the volumes and dynamics of production, imports, exports and consumption, the characteristics of the market for the period 2008-2012 and to build a forecast for the market development until 2018. In the same way, the report presents an...
Waste To Energy Market - Global Industry Size, Market Share, Trends, Analysis, And Forecasts 2012 - 2018
By - Transparency Market Research
Global energy market is witnessing a shift toward waste to energy technologies as a result of the increasing energy demand worldwide, depletion of conventional energy sources, and growing concerns of environmental pollution from conventional energy sources. Governments across the globe and social organizations are offering financial schemes for encouraging generation of energy from agricultural and industrial waste. The waste to energy market is expected to reach a market size of USD 29.98 billion by 2015 at a CAGR of 5.5%. This growth is expected because of the increasing influence...
Cryolite Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2013 - 2019
By - Transparency Market Research
Cryolite is a mineral, with extremely limited natural occurrence. The mineral is chemically a double fluoride of aluminum and sodium. Cryolite was found exclusively in the west coast of Greenland, before getting exhausted in 1987. The demand for cryolite is now met by producing synthetic cryolite. Cryolite is one of the most important raw materials, for the process of extracting aluminum from its ore (alumina). The characteristics of synthetic cryolite is similar to that of the natural mineral, but synthetic cryolite often lacks the amount of sodium fluoride as observed in its natural...

Research Assistance

We will be happy to help you find what you need.
Please call us or write us:

866-997-4948 (Us-Canada Toll Free)
Tel: +1-518-618-1030
Email: sales@researchmoz.us
Select License type:

Share this report

Related News

Natural Products Store Handed Over to the Younger Generation
Apr 30, 2015  
Emily Kanter states that growing up as the smallest of the three kids, she widely remembers the numerous discussion over dinners along with her parents, Elizabeth Stagl and Michael Kanter, regarding their natural products retail store based in Cambridge. Ms. Kanter informs that the natural products business has been like the fourth kid for our family. She further added that the fourth...
New Haven Looking Forward to Enjoy the Festival of Food
Apr 30, 2015  
The second-largest city of Connecticut, New Haven has been planning up a new and exciting event in a few days time. The city is going to hold a festival of food truck, which will be held for the first time in the city. And the New Havens citizens are eagerly waiting for it to start. However, this festival invites everyone to enjoy the different cuisines, which will need a good...
China is All Set to Open Milan Expo from May 1st
Apr 30, 2015  
On Wednesday, a Chinese official informed that in the Expo, which is going to be inaugurated on 1st of May, which will bear duration of six months, the expo-visitors from across the globe will be able to enjoy marvelous agriculture exhibits of China. The Vice-Chairman of China Council for the Promotion of International Trade and the Commissioner General of China Pavilion, Wang Jinzhen...
Household Plastic Consumed Focus of IMAS Exhibition
Apr 30, 2015  
Household products such as toothbrushes, children’s toys, and cigarette lighters have been found in the stomach of seabirds. This has prompted artists to have an exhibition that shows the danger posed to wildlife on account of ocean pollution. The exhibition called Vanishing Point is organized in collaboration of researchers at Institute for Marine and Antarctic Studies (IIMAS)...
China Polyethylene and Polypropylene Prices to Exhibit Uptrend in May
Apr 30, 2015  
xThe import prices of polyethylene (PE) and polypropylene (PP) in China is expected to exhibit uptrend in prices in May. This is on account of tight back end supply in the middle of a heavy maintenance schedule in a production plant.  In the region, prices for PE and PP have been rising steadily in the region since February. In the domestic market in China, major suppliers namely...