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Global International Remittance Market Next Big Thing by Application, Types

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Meera Singh
Global International Remittance Market Next Big Thing by Application, Types

For a strong and effective business outlook, Absolute Markets Insights has added statistical data to its repository titled as International Remittance Market. To give the total clear examination of innovation area investigators of the report utilizes exploratory exploration approaches like subjective and quantitative investigation.

Different top key players such as Bank of America Corporation, BANK OF CHINA (BOC), Citigroup, Inc., DBS, MoneyGram, NIUM Pte. Ltd., OCBC Bank, OFX Singapore Pte. Limited, Paysafe Holdings UK Limited (Skrill), PT Indo Koala Remitance, Standard Chartered Bank, TorFX Singapore, TransferWise Limited, United Overseas Bank Limited, Western Union Holdings, Inc. and WorldRemit Ltd give the comparative analysis of demand supply chain. In addition to this, it highlights the historical developments, recent trends, and predictions about the future growth of the International Remittance market.

In terms of revenue, the Southeast Asia international remittance market was valued at US$ 579.86 Mn in 2020 and is expected to reach US$ 1119.24 Mn by 2030, growing at a CAGR of 7.6% over the forecast period (2021 – 2030).Indonesia accounted for the highest share in the Southeast Asia international remittance market in 2020, as far as the individual countries are concerned.

For more information about this report visit: https://www.absolutemarketsinsights.com/reports/International-Remittance-Market-2021---2029-809

Individuals contributed the maximum revenue in the Southeast Asia International remittance market in 2020.Non-banking institutions are expected to grow at the fastest rate over the forecast period (2021 – 2030). In 2020, inbound remittance segment registered the highest market share in the Southeast Asia international remittance market. Online mode is expected to gain traction over the forecast years with rising number of internet and smart devices users.

Global International Remittance Market: Report Scope

By End-User

  • Individuals
  • Businesses

By Providers

  • Banking Institutions
  • Non-banking Institutions

By Type

  • Inbound Remittance
  • Outbound Remittance

By Mode

  • Online
  • Web-based
  • App-based
  • Offline

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Contact Us:

Company: Absolute Markets Insights

Email Id: [email protected]

Phone: IN +91-740-024-2424 , US +1-510-420-1213

Contact Name: Shreyas Tanna

Website: www.absolutemarketsinsights.com/

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