Global Remittance Market Report 2014 Edition Now Available at MarketReportsOnline.com

Share Article

MarketReportsOnline.com adds "Global Remittance Market Report: 2014 Edition" report to its research store.

News Image
The key factors driving growth of the global remittance industry include rising employed and urban population, ameliorating global economic development, and unceasingly climbing migrant population.

Remittance is defined as transfer of money by a person who resides in a foreign country to his or her home country. Remittance industry contributes to economic growth and livelihoods of people across the world. In most of the developing countries, money sent by foreign migrants to their home countries constitutes the second largest financial inflow to the respective nations. Remittance channel is collectively comprised of a sender, a recipient, intermediaries in both countries and the payment interface used by the intermediaries. The remittance system encompasses the following components: Remittance Service Providers (RSP), Remittance Corridors, Remittance Network and, Money Transfer System. Remittance Services are divided primarily on the basis of ways a network of access points is created and linked. There are broadly four categories: unilateral services, franchised services, negotiated services, and open services.

Complete report available at http://www.marketreportsonline.com/380104.html.

The key factors driving growth of the global remittance industry include rising employed and urban population, ameliorating global economic development, and unceasingly climbing migrant population. Some of the noteworthy developments of this industry include unstable remittance cost, the impact of remittance on health, education and poverty, wide portfolio of remittance services and correlation between remittance and foreign exchange rates. Also, the number of electronic payment service providers that offer over-the-counter-payments, mobile money payment and payment cards have increased rapidly. However, the growth of remittance industry is hindered by the difficulty in establishment of access points, tax regulations and strict regulatory compliances along with the lack of transparency and understanding.

This report offers a comprehensive analysis of the global remittance market, along with an in-depth study of top remittance receiving and contributing countries. The report also includes detailed description of regional markets. The competition in the respective market is highly diversified and fragmented. Some of the major players are Western Union Company, MoneyGram International Inc (MGI) and Euronet Worldwide Inc, among others. The competitive landscape of the global remittance markets, along with the company profiles of the leading players are also discussed in detail.

Purchase a copy of this report at http://www.marketreportsonline.com/contacts/purchase.php?name=380104.

By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.

Major points from Table of Contents (http://www.marketreportsonline.com/380104-toc.html) are listed below:

List of Tables & Figures

International Migration Stock by Region (1990-2013)
Transfer Mechanism Offered by Major Money Transfer Organizations
Dependent & Independent Variables (2007-2013)
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output
Account-Based Model
Basic Non-Account Based Model
Value Chain: Remittance Industry
Global Remittance Inflow (2007-2014E)
Global Remittance Outflow (2007-2013)
Remittance Flow to Low Income Countries (2009-2015E)
Remittance Flow to Middle Income Countries (2009-2015E)
Remittance Flow to High Income Countries (2009-2015E)
Remittance Flow to Developing Countries (2009-2015E)
Remittance Flow to East Asia and Pacific Region (2009-2015E)
Remittance Flow to Europe and Central Asia Region (2009-2015E)

Other Related Reports on Banking and Financial Services Market at http://www.marketreportsonline.com/cat/banking-services-market-research.html.

About Us:
MarketReportsOnline.com is an online database of regional industry research reports, company profiles and SWOT analysis studies for multiple industries, organizations and market segments. Our sales and research experts offer 24 X 7 support to our customers through phone and email communication. Not limited to the banking and financial services market, MarketReportsOnline.com offers research studies on medical devices, chemicals, agriculture, environment, biotechnology, public sector, retail, food and beverages, energy and power, semiconductor and electronics, advanced materials, medical devices, mining & utilities, consumer goods, agriculture, travel & hospitality, healthcare and much more.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Ritesh Tiwari
@chinamrreport
Follow >
Market Reports China
Like >
Follow us on
Visit website