The Report Global Remittance Market Report: 2014 Edition provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz
Albany, NY -- (SBWIRE) -- 01/02/2015 -- 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. Furthermore, in the money receiving countries, remittance industry promotes further economic dependence on the global economy instead of building sustainable local economies. 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.
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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.
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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.
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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.
Egypts Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
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The report provides top-level market analysis, information and insights into Egypt's cards and payments industry, including:
* Current and forecast values for each category of Egypt's cards and payments industry, including debit cards, credit cards and prepaid cards
* Comprehensive analysis of the industry's market attractiveness and future growth areas
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* Analysis of various market drivers and regulations governing Egypt's cards and payments industry
* Detailed analysis of the marketing strategies adopted for selling debit, credit and prepaid cards used by banks and other institutions in the market
* Comprehensive analysis of consumer attitudes and buying preferences for cards
* The competitive landscape of Egypt's cards and payments industry
OTC Market in Central Europe 2014 Comparative analysis and development forecasts for 2014-2019
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Explore development in Central Europe's market for OTC drugs.
Report provides comparative analysis for six countries, forecasts development for 2014-2019.
Businesses that hold a stake in the market for over the counter drugs and dietary supplements in the Central European region will benefit from a new document prepared by the experienced professionals at PMR.
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This single, comprehensive publication contains all relevant information about growth, value, manufacturing, investment, regulations regarding manufacture, labelling and advertising, and many more aspects of the OTC market in the Central European countries of Bulgaria, Hungary, Poland, Romania, Slovakia and the Czech Republic.
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