Money Transfer Agencies Market to Grow by USD 13.89 Bn, Global Specialized Consumer Services Market Categorized as Parent Market - Technavio

NEW YORK, Nov. 1, 2022 /PRNewswire/ -- The "Money Transfer Agencies Market by Service (Money transfer and Currency exchange) and Geography (North America, Europe, APAC, Middle East and Africa, and South America) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the money transfer agencies market between 2021 and 2026 is USD 13.89  billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Request a FREE PDF Sample Report.

The parent global specialized consumer services market covers revenue generated by the consumer service providers, including residential services, home security services, legal services, personal services, renovation and interior design services, consumer auction services, wedding services, and funeral services.  Technavio calculates the global specialized consumer services market size based on revenue generated by various specialized consumer service providers such as residential service, home security service, legal service, personal service, renovation and interior design service, consumer auction service, and wedding service, and funeral service providers. Growth in the global specialized consumer services market will be driven by the following factors:  Growth in worldwide construction activities: The growth of the global construction market is driven by developed economies, which focus on improving their infrastructure, and developing countries, which are increasing their capacity to cater to the growing demand.

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Technological advancements, an increasing number of students studying abroad, and rising tourism are some of the key market drivers. However, factors such as rising illicit financial flows, lack of standardization, and rapid change in technology will challenge market growth.

Technavio has identified key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our FREE PDF Sample Report

The money transfer agencies market report is segmented by Service (Money transfer and Currency exchange) and Geography (North America, Europe, APAC, Middle East and Africa, and South America).  North America will be the leading region with 35% of the market's growth during the forecast period. The US is the key market for money transfer agencies in North America.

View our FREE PDF Sample Report for additional insights into the contribution of all the segments and regional opportunities in the report

• Azimo BV
• Bank of America Corp.
• Citigroup Inc.
• Denarii
• Euronet Worldwide Inc.
• Finablr Ltd.
• HDFC Bank Ltd.
• JPMorgan Chase and Co.
• MoneyGram Payment Services Inc.
• NIUM Pte. Ltd.
• NOW Payment Services Provider LLC
• OzForex Ltd.
• PayPal Holdings Inc.
• Remitly Global Inc.
• Remitware Payments Canada Inc.
• Sendah Direct
• TransferGo Ltd.
• U.S. Bancorp
• Wells Fargo and Co.
• Western Union Holdings Inc.
• Wise Payments Ltd.
• worldremit.com

This report provides a full list of key vendors, their strategies, and the latest developments. Buy Now for detailed vendor information

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Table of Contents:

1 Executive Summary

• 1.1 Market Overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Service
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market Definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Service

• 5.1 Market segments 
• Exhibit 24: Chart on Service - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Service - Market share 2021-2026 (%)

• 5.2 Comparison by Service 
• Exhibit 26: Chart on Comparison by Service
• Exhibit 27: Data Table on Comparison by Service

• 5.3 Money transfer - Market size and forecast 2021-2026
• Exhibit 28: Chart on Money transfer - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Money transfer - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Money transfer - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Money transfer - Year-over-year growth 2021-2026 (%)

• 5.4 Currency exchange - Market size and forecast 2021-2026
• Exhibit 32: Chart on Currency exchange - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Currency exchange - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Currency exchange - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Currency exchange - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Service 
• Exhibit 36: Market opportunity by Service ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 UK - Market size and forecast 2021-2026
• Exhibit 66: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.10 France - Market size and forecast 2021-2026
• Exhibit 70: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.11 China - Market size and forecast 2021-2026
• Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.12 Germany - Market size and forecast 2021-2026
• Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 Azimo BV 
• Exhibit 89: Azimo BV - Overview
• Exhibit 90: Azimo BV - Product / Service
• Exhibit 91: Azimo BV - Key offerings

• 10.4 Bank of America Corp. 
• Exhibit 92: Bank of America Corp. - Overview
• Exhibit 93: Bank of America Corp. - Business segments
• Exhibit 94: Bank of America Corp. - Key news
• Exhibit 95: Bank of America Corp. - Key offerings
• Exhibit 96: Bank of America Corp. - Segment focus

• 10.5 Citigroup Inc. 
• Exhibit 97: Citigroup Inc. - Overview
• Exhibit 98: Citigroup Inc. - Business segments
• Exhibit 99: Citigroup Inc. - Key offerings
• Exhibit 100: Citigroup Inc. - Segment focus

• 10.6 JPMorgan Chase and Co. 
• Exhibit 101: JPMorgan Chase and Co. - Overview
• Exhibit 102: JPMorgan Chase and Co. - Business segments
• Exhibit 103: JPMorgan Chase and Co. - Key offerings
• Exhibit 104: JPMorgan Chase and Co. - Segment focus

• 10.7 MoneyGram Payment Services Inc. 
• Exhibit 105: MoneyGram Payment Services Inc. - Overview
• Exhibit 106: MoneyGram Payment Services Inc. - Business segments
• Exhibit 107: MoneyGram Payment Services Inc. - Key offerings
• Exhibit 108: MoneyGram Payment Services Inc. - Segment focus

• 10.8 PayPal Holdings Inc. 
• Exhibit 109: PayPal Holdings Inc. - Overview
• Exhibit 110: PayPal Holdings Inc. - Product / Service
• Exhibit 111: PayPal Holdings Inc. - Key offerings

• 10.9 U.S. Bancorp 
• Exhibit 112: U.S. Bancorp - Overview
• Exhibit 113: U.S. Bancorp - Business segments
• Exhibit 114: U.S. Bancorp - Key offerings
• Exhibit 115: U.S. Bancorp - Segment focus

• 10.10 Wells Fargo and Co. 
• Exhibit 116: Wells Fargo and Co. - Overview
• Exhibit 117: Wells Fargo and Co. - Business segments
• Exhibit 118: Wells Fargo and Co. - Key offerings
• Exhibit 119: Wells Fargo and Co. - Segment focus

• 10.11 Western Union Holdings Inc. 
• Exhibit 120: Western Union Holdings Inc. - Overview
• Exhibit 121: Western Union Holdings Inc. - Business segments
• Exhibit 122: Western Union Holdings Inc. - Key offerings
• Exhibit 123: Western Union Holdings Inc. - Segment focus

• 10.12 Wise Payments Ltd. 
• Exhibit 124: Wise Payments Ltd. - Overview
• Exhibit 125: Wise Payments Ltd. - Business segments
• Exhibit 126: Wise Payments Ltd. - Key offerings
• Exhibit 127: Wise Payments Ltd. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 128: Inclusions checklist
• Exhibit 129: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 130: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 131: Research methodology
• Exhibit 132: Validation techniques employed for market sizing
• Exhibit 133: Information sources

• 11.5 List of abbreviations 
• Exhibit 134: List of abbreviations

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