An exclusive Digital Money Transfer market research report created through broad primary research (inputs from industry experts, companies, and stakeholders) and secondary research, the report aims to present the analysis of Global Digital Money Transfer Market By Type, By Application, By Region – North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Digital Money Transfer market. Additionally, the report also highlights market entry strategies for various companies across the globe.
The payments industry dynamics have been changing rapidly and has facilitated digital payments and money transfers easier and quicker. Many individuals in the under-developed economies move to the developed countries in search of better lifestyle and incomes. They earn and then send money to their families back at home which earlier used to be a tedious and expensive affair. With digital money transfer platforms, the funds transfer involving currency exchanges has becomes easier, convenient and inexpensive. Various additional value-added services are anticipated to be coupled with the digital money transfer landscape in the coming years.
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Top Key Players profiles in this report includes, Azimo, InstaReM, MoneyGram International Inc., Paypal, Inc. (Xoom), Remitly, Ria Money Transfer, TransferGo Ltd., TransferWise Ltd, Western Union, WorldRemit
Growing number of immigrants in the Western countries from the under-developed regions of the world, coupled with an improving internet infrastructure have provided a thrust to the payments landscape over the years. Further, need for easier and quicker remittance and payments service has driven the demands for digital money transfer market. Emergence of alternative platforms such as mobile wallets would pose a challenge to the growth of digital money transfer market. Additionally, focus on Peer-to-Peer (P2P) money transfer services is anticipated to generate vast growth opportunities for the players operating in the digital money transfer market.
This report provides comprehensive analysis of:
- Key market segments and sub-segments
- Evolving market trends and dynamics
- Changing supply and demand scenarios
- Quantifying market opportunities through market sizing and market forecasting
- Tracking current trends/opportunities/challenges
- Competitive insights
- Opportunity mapping in terms of technological breakthroughs
The global digital money transfer market is segmented on the basis of type and application. Based on type, the digital money transfer market is segmented into domestic money transfer and international money transfer. On the basis of application, the digital money transfer market is segmented into consumer and enterprise.
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The reports cover key developments in the digital money transfer market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from digital money transfer market are anticipated to lucrative growth opportunities in the future with the rising demand for digital money transfer in the global market.
The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
Reason to Buy
– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global digital money transfer Market
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– The key findings and recommendations highlight crucial progressive industry trends in the digital money transfer Market, thereby allowing players to develop effective long term strategies.
– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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