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Global Money Transfer (Remittances) Market Report: 2013 Edition

Published By :

Koncept Analytics

Published Date : 2013-12-23

Category :

Banking

No. of Pages : 60

Product Synopsis

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... Read More

Table Of Content

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) 

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