Automatic Money Transfer Market research report by Component (Services & Solutions), Business Function (Finance, HR & IT), Application, Deployment Model, Organization Size, Industry Verticals , by region (Americas, Asia-Pacific, and Europe, Middle East and Africa) – Global forecasts to 2026 – Cumulative impact of COVID-19
New York, October 20, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Automatic Transfer Money Market Research Report by Component, by Business Function, by Application, by Deployment Model, by Organization Size, by Verticals, by region – Global forecasts until 2026 – Cumulative impact of COVID-19 “- https://www.reportlinker.com/p06175269/?utm_source=GNW
The global automatic money transfer market size was estimated at USD 22.98 billion in 2020 and is expected to reach USD 24.81 billion in 2021, at a CAGR of 8.33% to reach USD 37.14 billion by 2026.
The report provides market size and forecast in five major currencies: USD, EUR GBP, JPY, and AUD. It helps organizational leaders make better decisions when currency data is readily available. In this report, the years 2018 and 2019 are considered as historical years, 2020 as the base year, 2021 as the estimated year and the years 2022 to 2026 are considered as the forecast period.
Market segmentation and coverage:
This research report categorizes Automatic Money Transfer to forecast revenue and analyze trends in each of the following submarkets:
Based on the component, the market has been studied through services and solutions.
Based on the business function, the market has been studied in the areas of finance, human resources, IT, sales and marketing, and supply chain.
Based on the application, the market has been studied in the areas of business planning and budgeting, financial consolidation, integrated performance management and reporting system and compliance.
Based on the deployment model, the market has been studied in the cloud and on-premise.
Based on the size of the organization, the market has been studied in large enterprises and small and medium enterprises (SMEs).
Based on verticals, the market has been studied in BFSI, Government & Public Sector, Healthcare & Life Sciences, IT & ITES, Manufacturing, Media and entertainment, retail and consumer goods and telecommunications.
Based on the region, the market has been studied in the Americas, Asia-Pacific and Europe, Middle East and Africa. The Americas are studied in more detail in Argentina, Brazil, Canada, Mexico and the United States. The United States is studied in more detail in California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. Asia-Pacific is further explored in Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, and Thailand. Europe, the Middle East and Africa are studied in more detail in France, Germany, Italy, the Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates and United Kingdom.
Cumulative impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected nearly all industries, and the long-term effects are expected to impact the growth of the industry during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of the underlying issues of COVID-19 and potential pathways to follow. The report provides insight on COVID-19 given changes in consumer behavior and demand, purchasing patterns, supply chain diversion, dynamics of current market forces, and significant government interventions. . The updated study provides information, analysis, estimates and forecasts, considering the impact of COVID-19 on the market.
Competitive strategic window:
The Competitive Strategy Window analyzes the competitive landscape in terms of markets, applications and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for suppliers to adopt successive strategies of merger and acquisition, geographic expansion, research and development, and new product introduction strategies to continue the expansion and growth of the business during a forecast period.
FPNV positioning matrix:
The FPNV Positioning Matrix assesses and ranks providers in the Automatic Money Transfer market based on business strategy (company growth, industry coverage, financial viability, and channel support) and customer satisfaction. product (value for money, ease of use, product features and customer). Support) that helps businesses make better decisions and better understand the competitive landscape.
Market share analysis:
The market share analysis offers the analysis of the suppliers considering their contribution to the overall market. It provides the idea of its revenue generation in the overall market compared to other space providers. It provides insight into the performance of vendors in terms of revenue generation and customer base compared to others. Knowing the market share gives an idea of the size and competitiveness of the suppliers for the base year. It reveals the characteristics of the market in terms of traits of accumulation, fragmentation, dominance and fusion.
The competitive scenario provides a outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section delivers valuable insights at different stages while staying up to date with the business and engaging stakeholders in the economic debate. The competitive scenario represents press releases or news from companies categorized as M&A, Agreement, Collaboration and Partnership, New Product Launch and Improvement, Investment and Funding, and Reward, Recognition and Expansion. All the news gathered helps the supplier understand the market gaps and the strengths and weaknesses of competitors, thus providing information to improve products and services.
Company usability profiles:
The report explores in depth the recent significant developments of leading vendors and innovation profiles in the global Automatic Money Transfer Market including Artsyl RemittanceAction, Automatic Funds Transfer Services, Azimo, Bank of America Corporation, Canopus Remittance, Digital Federal Credit Union, FINSYNC, HDFC Bank Ltd., JPMorgan Chase Bank, NA by JPMorgan Chase & Co., Money Transfer System, MOVERFOCUS, mPayX – Money Transfer Software, One Mobikwik System Pvt Ltd, India, Pangea USA, LLC, Paytm, Remitly, Skrill Limited., State Bank of India, The Balance, The PNC Financial Services Group, Inc., TransferWise and Vayupay.
The report provides information on the following pointers:
1. Market penetration: provides comprehensive information on the market offered by major players
2. Market Development: Provides detailed information on lucrative emerging markets and analyzes penetration into mature market segments.
3. Market diversification: provides detailed information on new product launches, untapped geographies, recent developments and investments
4. Competitive Assessment and Intelligence: Provides a comprehensive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape and manufacturing capabilities of key players
5. Product Development and Innovation: Provides intelligent information on future technologies, R&D activities and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast for the global Automatic Money Transfer market?
2. What are the inhibiting factors and impact of COVID-19 shaping the global automatic money transfer market during the forecast period?
3. What products / segments / applications / areas to invest in during the forecast period in the Global Automatic Money Transfer Market?
4. What is the strategic competitive window for opportunities in the global Automatic Money Transfer market?
5. What are the technological trends and regulatory frameworks in the global automatic money transfer market?
6. What is the market share of the major vendors in the global Automatic Money Transfer Market?
7. What strategic fashions and movements are considered appropriate for entering the global automatic money transfer market?
Read the full report: https://www.reportlinker.com/p06175269/?utm_source=GNW
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