Remittance is the transfer of money by foreign migrants to their homes. Remittance channel consists of sender, recipient, intermediaries in both countries, and the payment interface used by the intermediaries. Certain international standards have been set by the World Bank to ensure security during money transfer transaction. The remittance system includes remittance network, remittance service providers (RSP), remittance corridors, and money transfer system.
This report elaborates the market size, market characteristics, and market growth of the Remittance industry, and breaks down according to the type, application, and consumption area of Remittance. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Remittance in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Key players in the global Remittance market covered in Chapter 13:
WesternUnion
Azimo
MoneyGram
Bank of America
Tansfast
Wells Fargo
OFX
PayPal (Xoom)
Ria
Worldremit
TransferWise
WeChatPay
Remitly
JPMorgan Chase
Citibank
In Chapter 6, on the basis of types, the Remittance market from 2015 to 2025 is primarily split into:
P2P (person to person)
P2B (Person to business)
B2B (business to business)
In Chapter 7, on the basis of applications, the Remittance market from 2015 to 2025 covers:
By Residence
By Company
By Government
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 Remittance Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Remittance Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Remittance Market Forces
3.1 Global Remittance Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Remittance Market - By Geography
4.1 Global Remittance Market Value and Market Share by Regions
4.1.1 Global Remittance Value ($) by Region (2015-2020)
4.1.2 Global Remittance Value Market Share by Regions (2015-2020)
4.2 Global Remittance Market Production and Market Share by Major Countries
4.2.1 Global Remittance Production by Major Countries (2015-2020)
4.2.2 Global Remittance Production Market Share by Major Countries (2015-2020)
4.3 Global Remittance Market Consumption and Market Share by Regions
4.3.1 Global Remittance Consumption by Regions (2015-2020)
4.3.2 Global Remittance Consumption Market Share by Regions (2015-2020)
5 Remittance Market - By Trade Statistics
5.1 Global Remittance Export and Import
5.2 United States Remittance Export and Import (2015-2020)
5.3 Europe Remittance Export and Import (2015-2020)
5.4 China Remittance Export and Import (2015-2020)
5.5 Japan Remittance Export and Import (2015-2020)
5.6 India Remittance Export and Import (2015-2020)
5.7 ...
6 Remittance Market - By Type
6.1 Global Remittance Production and Market Share by Types (2015-2020)
6.1.1 Global Remittance Production by Types (2015-2020)
6.1.2 Global Remittance Production Market Share by Types (2015-2020)
6.2 Global Remittance Value and Market Share by Types (2015-2020)
6.2.1 Global Remittance Value by Types (2015-2020)
6.2.2 Global Remittance Value Market Share by Types (2015-2020)
6.3 Global Remittance Production, Price and Growth Rate of P2P (person to person) (2015-2020)
6.4 Global Remittance Production, Price and Growth Rate of P2B (Person to business) (2015-2020)
6.5 Global Remittance Production, Price and Growth Rate of B2B (business to business) (2015-2020)
7 Remittance Market - By Application
7.1 Global Remittance Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Remittance Consumption by Applications (2015-2020)
7.1.2 Global Remittance Consumption Market Share by Applications (2015-2020)
7.2 Global Remittance Consumption and Growth Rate of By Residence (2015-2020)
7.3 Global Remittance Consumption and Growth Rate of By Company (2015-2020)
7.4 Global Remittance Consumption and Growth Rate of By Government (2015-2020)
8 North America Remittance Market
8.1 North America Remittance Market Size
8.2 United States Remittance Market Size
8.3 Canada Remittance Market Size
8.4 Mexico Remittance Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Remittance Market Analysis
9.1 Europe Remittance Market Size
9.2 Germany Remittance Market Size
9.3 United Kingdom Remittance Market Size
9.4 France Remittance Market Size
9.5 Italy Remittance Market Size
9.6 Spain Remittance Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Remittance Market Analysis
10.1 Asia-Pacific Remittance Market Size
10.2 China Remittance Market Size
10.3 Japan Remittance Market Size
10.4 South Korea Remittance Market Size
10.5 Southeast Asia Remittance Market Size
10.6 India Remittance Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Remittance Market Analysis
11.1 Middle East and Africa Remittance Market Size
11.2 Saudi Arabia Remittance Market Size
11.3 UAE Remittance Market Size
11.4 South Africa Remittance Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Remittance Market Analysis
12.1 South America Remittance Market Size
12.2 Brazil Remittance Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 WesternUnion
13.1.1 WesternUnion Basic Information
13.1.2 WesternUnion Product Profiles, Application and Specification
13.1.3 WesternUnion Remittance Market Performance (2015-2020)
13.2 Azimo
13.2.1 Azimo Basic Information
13.2.2 Azimo Product Profiles, Application and Specification
13.2.3 Azimo Remittance Market Performance (2015-2020)
13.3 MoneyGram
13.3.1 MoneyGram Basic Information
13.3.2 MoneyGram Product Profiles, Application and Specification
13.3.3 MoneyGram Remittance Market Performance (2015-2020)
13.4 Bank of America
13.4.1 Bank of America Basic Information
13.4.2 Bank of America Product Profiles, Application and Specification
13.4.3 Bank of America Remittance Market Performance (2015-2020)
13.5 Tansfast
13.5.1 Tansfast Basic Information
13.5.2 Tansfast Product Profiles, Application and Specification
13.5.3 Tansfast Remittance Market Performance (2015-2020)
13.6 Wells Fargo
13.6.1 Wells Fargo Basic Information
13.6.2 Wells Fargo Product Profiles, Application and Specification
13.6.3 Wells Fargo Remittance Market Performance (2015-2020)
13.7 OFX
13.7.1 OFX Basic Information
13.7.2 OFX Product Profiles, Application and Specification
13.7.3 OFX Remittance Market Performance (2015-2020)
13.8 PayPal (Xoom)
13.8.1 PayPal (Xoom) Basic Information
13.8.2 PayPal (Xoom) Product Profiles, Application and Specification
13.8.3 PayPal (Xoom) Remittance Market Performance (2015-2020)
13.9 Ria
13.9.1 Ria Basic Information
13.9.2 Ria Product Profiles, Application and Specification
13.9.3 Ria Remittance Market Performance (2015-2020)
13.10 Worldremit
13.10.1 Worldremit Basic Information
13.10.2 Worldremit Product Profiles, Application and Specification
13.10.3 Worldremit Remittance Market Performance (2015-2020)
13.11 TransferWise
13.11.1 TransferWise Basic Information
13.11.2 TransferWise Product Profiles, Application and Specification
13.11.3 TransferWise Remittance Market Performance (2015-2020)
13.12 WeChatPay
13.12.1 WeChatPay Basic Information
13.12.2 WeChatPay Product Profiles, Application and Specification
13.12.3 WeChatPay Remittance Market Performance (2015-2020)
13.13 Remitly
13.13.1 Remitly Basic Information
13.13.2 Remitly Product Profiles, Application and Specification
13.13.3 Remitly Remittance Market Performance (2015-2020)
13.14 JPMorgan Chase
13.14.1 JPMorgan Chase Basic Information
13.14.2 JPMorgan Chase Product Profiles, Application and Specification
13.14.3 JPMorgan Chase Remittance Market Performance (2015-2020)
13.15 Citibank
13.15.1 Citibank Basic Information
13.15.2 Citibank Product Profiles, Application and Specification
13.15.3 Citibank Remittance Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Remittance Market Forecast (2020-2025)
14.2 Europe Remittance Market Forecast (2020-2025)
14.3 Asia-Pacific Remittance Market Forecast (2020-2025)
14.4 Middle East and Africa Remittance Market Forecast (2020-2025)
14.5 South America Remittance Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Remittance Market Forecast by Types (2020-2025)
15.1.1 Global Remittance Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Remittance Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Remittance Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Remittance Picture
Table Remittance Key Market Segments
Figure Study and Forecasting Years
Figure Global Remittance Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Remittance Value ($) and Growth Rate (2015-2020)
Table Global Remittance Value ($) by Countries (2015-2020)
Table Global Remittance Value Market Share by Regions (2015-2020)
Figure Global Remittance Value Market Share by Regions in 2019
Figure Global Remittance Production and Growth Rate (2015-2020)
Table Global Remittance Production by Major Countries (2015-2020)
Table Global Remittance Production Market Share by Major Countries (2015-2020)
Figure Global Remittance Production Market Share by Regions in 2019
Figure Global Remittance Consumption and Growth Rate (2015-2020)
Table Global Remittance Consumption by Regions (2015-2020)
Table Global Remittance Consumption Market Share by Regions (2015-2020)
Figure Global Remittance Consumption Market Share by Regions in 2019
Table Global Remittance Export Top 3 Country 2019
Table Global Remittance Import Top 3 Country 2019
Table United States Remittance Export and Import (2015-2020)
Table Europe Remittance Export and Import (2015-2020)
Table China Remittance Export and Import (2015-2020)
Table Japan Remittance Export and Import (2015-2020)
Table India Remittance Export and Import (2015-2020)
Table Global Remittance Production by Types (2015-2020)
Table Global Remittance Production Market Share by Types (2015-2020)
Figure Global Remittance Production Share by Type (2015-2020)
Table Global Remittance Value by Types (2015-2020)
Table Global Remittance Value Market Share by Types (2015-2020)
Figure Global Remittance Value Share by Type (2015-2020)
Figure Global P2P (person to person) Production and Growth Rate (2015-2020)
Figure Global P2P (person to person) Price (2015-2020)
Figure Global P2B (Person to business) Production and Growth Rate (2015-2020)
Figure Global P2B (Person to business) Price (2015-2020)
Figure Global B2B (business to business) Production and Growth Rate (2015-2020)
Figure Global B2B (business to business) Price (2015-2020)
Table Global Remittance Consumption by Applications (2015-2020)
Table Global Remittance Consumption Market Share by Applications (2015-2020)
Figure Global Remittance Consumption Share by Application (2015-2020)
Figure Global By Residence Consumption and Growth Rate (2015-2020)
Figure Global By Company Consumption and Growth Rate (2015-2020)
Figure Global By Government Consumption and Growth Rate (2015-2020)
Figure North America Remittance Market Consumption and Growth Rate (2015-2020)
Table North America Remittance Consumption by Countries (2015-2020)
Table North America Remittance Consumption Market Share by Countries (2015-2020)
Figure North America Remittance Consumption Market Share by Countries (2015-2020)
Figure United States Remittance Market Consumption and Growth Rate (2015-2020)
Figure Canada Remittance Market Consumption and Growth Rate (2015-2020)
Figure Mexico Remittance Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Remittance Market Consumption and Growth Rate (2015-2020)
Table Europe Remittance Consumption by Countries (2015-2020)
Table Europe Remittance Consumption Market Share by Countries (2015-2020)
Figure Europe Remittance Consumption Market Share by Countries (2015-2020)
Figure Germany Remittance Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Remittance Market Consumption and Growth Rate (2015-2020)
Figure France Remittance Market Consumption and Growth Rate (2015-2020)
Figure Italy Remittance Market Consumption and Growth Rate (2015-2020)
Figure Spain Remittance Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Remittance Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Remittance Consumption by Countries (2015-2020)
Table Asia-Pacific Remittance Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Remittance Consumption Market Share by Countries (2015-2020)
Figure China Remittance Market Consumption and Growth Rate (2015-2020)
Figure Japan Remittance Market Consumption and Growth Rate (2015-2020)
Figure South Korea Remittance Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Remittance Market Consumption and Growth Rate (2015-2020)
Figure India Remittance Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Remittance Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Remittance Consumption by Countries (2015-2020)
Table Middle East and Africa Remittance Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Remittance Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Remittance Market Consumption and Growth Rate (2015-2020)
Figure UAE Remittance Market Consumption and Growth Rate (2015-2020)
Figure South Africa Remittance Market Consumption and Growth Rate (2015-2020)
Figure South America Remittance Market Consumption and Growth Rate (2015-2020)
Table South America Remittance Consumption by Countries (2015-2020)
Table South America Remittance Consumption Market Share by Countries (2015-2020)
Figure South America Remittance Consumption Market Share by Countries (2015-2020)
Figure Brazil Remittance Market Consumption and Growth Rate (2015-2020)
Table WesternUnion Company Profile
Table WesternUnion Production, Value, Price, Gross Margin 2015-2020
Figure WesternUnion Production and Growth Rate
Figure WesternUnion Value ($) Market Share 2015-2020
Table Azimo Company Profile
Table Azimo Production, Value, Price, Gross Margin 2015-2020
Figure Azimo Production and Growth Rate
Figure Azimo Value ($) Market Share 2015-2020
Table MoneyGram Company Profile
Table MoneyGram Production, Value, Price, Gross Margin 2015-2020
Figure MoneyGram Production and Growth Rate
Figure MoneyGram Value ($) Market Share 2015-2020
Table Bank of America Company Profile
Table Bank of America Production, Value, Price, Gross Margin 2015-2020
Figure Bank of America Production and Growth Rate
Figure Bank of America Value ($) Market Share 2015-2020
Table Tansfast Company Profile
Table Tansfast Production, Value, Price, Gross Margin 2015-2020
Figure Tansfast Production and Growth Rate
Figure Tansfast Value ($) Market Share 2015-2020
Table Wells Fargo Company Profile
Table Wells Fargo Production, Value, Price, Gross Margin 2015-2020
Figure Wells Fargo Production and Growth Rate
Figure Wells Fargo Value ($) Market Share 2015-2020
Table OFX Company Profile
Table OFX Production, Value, Price, Gross Margin 2015-2020
Figure OFX Production and Growth Rate
Figure OFX Value ($) Market Share 2015-2020
Table PayPal (Xoom) Company Profile
Table PayPal (Xoom) Production, Value, Price, Gross Margin 2015-2020
Figure PayPal (Xoom) Production and Growth Rate
Figure PayPal (Xoom) Value ($) Market Share 2015-2020
Table Ria Company Profile
Table Ria Production, Value, Price, Gross Margin 2015-2020
Figure Ria Production and Growth Rate
Figure Ria Value ($) Market Share 2015-2020
Table Worldremit Company Profile
Table Worldremit Production, Value, Price, Gross Margin 2015-2020
Figure Worldremit Production and Growth Rate
Figure Worldremit Value ($) Market Share 2015-2020
Table TransferWise Company Profile
Table TransferWise Production, Value, Price, Gross Margin 2015-2020
Figure TransferWise Production and Growth Rate
Figure TransferWise Value ($) Market Share 2015-2020
Table WeChatPay Company Profile
Table WeChatPay Production, Value, Price, Gross Margin 2015-2020
Figure WeChatPay Production and Growth Rate
Figure WeChatPay Value ($) Market Share 2015-2020
Table Remitly Company Profile
Table Remitly Production, Value, Price, Gross Margin 2015-2020
Figure Remitly Production and Growth Rate
Figure Remitly Value ($) Market Share 2015-2020
Table JPMorgan Chase Company Profile
Table JPMorgan Chase Production, Value, Price, Gross Margin 2015-2020
Figure JPMorgan Chase Production and Growth Rate
Figure JPMorgan Chase Value ($) Market Share 2015-2020
Table Citibank Company Profile
Table Citibank Production, Value, Price, Gross Margin 2015-2020
Figure Citibank Production and Growth Rate
Figure Citibank Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Remittance Market Forecast Production by Types (2020-2025)
Table Global Remittance Market Forecast Production Share by Types (2020-2025)
Table Global Remittance Market Forecast Value ($) by Types (2020-2025)
Table Global Remittance Market Forecast Value Share by Types (2020-2025)
Table Global Remittance Market Forecast Consumption by Applications (2020-2025)
Table Global Remittance Market Forecast Consumption Share by Applications (2020-2025)