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:

Hemostats (Tissue Sealants, Tissue Adhesives And Adhesion Prevention Products) Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013-2019
By - Transparency Market Research
Hemostat is a surgical tool used to control bleeding during surgery. Hemostats are applied by the means of tissue sealants and tissue adhesion agents. Tissue sealants and adhesives are mainly classified into two types namely, physical agents and biological substrates. Tissue sealants, tissue adhesives and adhesion prevention products are rapidly replacing conventional sutures for wound and incision closure. Advantages of tissue sealants, tissue adhesives and adhesion prevention products over conventional suture involve minimal invasive application, improve visualization, reduced operating...
Poland: denatured ethyl alcohol market
By - Williams and Marshal Strategy
d 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 denatured ethyl alcohol 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 elaborate overview of the main market participants, the price fluctuations, the growth and...
Tocopheryl Acetate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
By - Transparency Market Research
Tocopheryl acetate is an ester of acetic acid and tocopherol. Tocopheryl acetate is considered as potent anti-oxidant that can penetrate through human skin to reach living cells. It is isolated from vegetable oils, dairy product, eggs, meat, nuts, cereals, yellow vegetables and leafy green vegetables. It is used in various personal care and cosmetic products such as eye shadow, blushers, moisturizers, lipstick, bath soaps, detergents, hair conditioners and skin care products. Food and Drug Administration (FDA) has classified tocopheryl acetate as Generally Recognized as Safe...

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

Illinois Voicing for Funds to Promote Clean Energy Plants
Mar 26, 2015  
The advocates of renewable energy has been voicing for overhaul of the Illinois’s clean energy law for several years in a row. Refurbishing the law would entail a release of over $100 million that was collected as ratepayer charges that they can invest on payment for new solar and wind projects. However, the proponents could not help the cause and now it seems that the state is...
Michigan To Capitalize on Clean and Local Energy
Mar 26, 2015  
For years now Americans have been campaigning to promote “eat locally and shop locally” culture. Inspired from the drive, Michiganders have got on board the plan to locally harness the energy to power their lives.  It will be very interesting to see how Gov. Rick Snyder’s vision of “no-regret energy future”, which has its key focus on curbing the...
Noble Energy Pulls Out from Ruth C License Exploration
Mar 26, 2015  
Citing issues related to “regulatory uncertainty”, in the energy and gas sector of Israel, the Houston-based company named Noble Energy forwent with its permit for operation in the Ruth C exploration license, as reported by Tel Aviv Stock Exchange on Thursday.  The Ruth C license zone is located off the Haifa coast, to the east of the larger Tamar basin. Energy reserve...
Leaders Go Back to School to Motive Students to Join the Construction Industry
Mar 26, 2015  
The housing sector is facing a major shortage in UK as the region suffers from lack of skilled construction workers. Amidst this crisis, two of the industry leaders are touring schools to encourage students to be a part of the industry which so desperately needs them. According to the Construction Industry Training Board, UK needs a workforce of 180,000 or more with adequate skill sets...
Israel Freezes Construction of 1,500 New Housing Units
Mar 26, 2015  
Israel has scrapped the plan to build 1,500 new housing units in East Jerusalem. The decision comes despite Prime Minister Benjamin Netanyahu's announcement to continue construction regardless of international pressure. East Jerusalem is the neighboring region of Har Homa, a little beyond the Green Line.  From the looks of it, the construction plan in Har Homa seems to have been...