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:

Non-Rhabdomyosarcoma Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
By - Transparency Market Research
Non-rhabdomyosarcoma is considered as soft tissue sarcomas that are mostly occurs in soft tissues: tendons, muscles, nerves, fatty tissues and fibrous tissues. Non-rhabdomyosarcoma can be observed in any pars of the body but mostly it occurs in arms and legs, the head and neck, the chest, abdomen and pelvis. Etiology for non-rhabdomyosarcoma is unknown but researchers found that there are some hereditary conditions which have a susceptibility to non-rhabdomyosarcoma. Possible signs and symptoms of non-rhabdomyosarcoma include pain or swelling in the affected organ, numbness, fever,...
Poland: sulphuric acid and oleum market
By - Williams and Marshal Strategy
This report presents a comprehensive overview of the sulphuric acid and oleum 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 sulphuric acid and oleum 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...
Animal Glue Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2014 - 2020
By - Transparency Market Research
Animal glue is an adhesive that is created by prolonged boiling of adhesive connective tissue for various domestic applications. Adhesive refers to a binding substance applied to the surface of materials to avoid separation. It is a natural form of adhesive used for various domestic applications. These applications include restoring objects, paintings, illuminated parchment manuscripts and other artifacts. Gelatin, a form of animal glue, is found in many contemporary products such as gelatin desserts, marshmallows and pharmaceutical capsules and is used to reinforce sinew wrappings, wood,...

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

A Health Tech Incubator Started by GE Healthcare
Oct 30, 2014  
For the very first time, a health tech start up campus has been established by GE Healthcare at its headquarters at Helsinki, Finland. This area already has about twenty such healthcare start ups that are working on cloud services, wireless technologies, apps, and sensors that aim at improving healthcare. The main rationale behind such a step is providing opportunities for further...
Net Earnings of DuPont Increases 52% despite Agricultural Turmoil
Oct 29, 2014  
DuPont - The Wilmington, Del-based leading chemical company faced decline of three percent sales to $7.5 billion in the quarter ending of September 30. The company’s third-quarter earnings were increased by 52 percent to $433 million albeit the slow global growth and agricultural downside.   The company witnessed the biggest drags from chemical sales with eight percent...
Appeal for Sanitization in Construction Industry through Government Regulations: CIOB Ghana
Oct 29, 2014  
Rockson Dogbegah - The Chairman of the Chartered Institute of Building Ghana commented that the construction industry needs a thorough cleaning up and assurance of proper growth. Mr. Dogbegah also said that a few factors are extremely important for a proper development in the construction industry. These include keen adherence to standards, supreme sense of professionalism, and sheer pursuance...
Facebook Hints of Rise in Expenses in 2015, Shares Drop
Oct 29, 2014  
Facebook has announced on Tuesday that it is prepping for a dramatic rise in spending in the year 2015. This warning has come combined with a projected slowdown in the company’s revenues after revenues were analyzed at the end of the third quarter of the year. The plans of such hefty spending in the next financial year by the company are indicative of stress in the investor...
China to Invest in UKs Infrastructure Industry
Oct 28, 2014  
As per industry reports, it is expected that in the year 2015, the UK infrastructure will derive benefits from 105 billion pounds of Chinese money. This will involve a host of Chinese machinery suppliers, contractors, and materials producers. The UK government will be spending about half of 225 billion pounds on its own infrastructure. The investors from China will be investing...