Global Money Remittance and Bill Payment Services Market Report - Production and Consumption Professional Analysis (Impact of COVID-19)
Money Remittance and Bill Payment Services Market Overview
Money sent home by migrants competes with international aid as one of the largest financial inflows to developing countries. Bill payment is the act of paying for the money spent at the merchant during the specified period.
An exhaustive and sequential survey of the Money Remittance and Bill Payment Services market delivers an end-to-end, validated and well-documented study report agglomerating major aspects of the Money Remittance and Bill Payment Services market consisting of the supply chain, sales and marketing, product or project development, and cost structure. The study efficiently incorporates a balanced qualitative and quantitative analysis of the overall Money Remittance and Bill Payment Services market which branches out into individual component elements backed by a similar analytical approach. The study report is embedded with a future forecast as the focal point of the research with all the analytical data directing towards the growth projections and market estimations representing the Money Remittance and Bill Payment Services market report.
By Product Type, Money Remittance and Bill Payment Services has been segmented into:
- Domestic Remittance
- International Remittance
By Application, Money Remittance and Bill Payment Services has been segmented into:
- Door-to-door Delivery
- Branch Pick-up
- Direct to Account Transfer
- Cash/pre-paid Cards
Finally, the report provides detailed profile and data information analysis of leading company
- BDO Unibank
- Inc
- Philippine National Bank
- I-Remit Inc
- MLhuillier
- Inc
- LBC Express Inc.
- Wells Fargo & Company
- Western Union
- Metro Bank
- Cebuana Lhuilier
- Palawan Pawnshop
- Bank of the Philippine Islands
- MoneyGram International
Key pointers from case studies of COVID-19:
• Impression of COVID-19 on social and economic status at a global and regional level.
• Fluctuations in the supply chain and changes in demand share.
• Business scenario pre- and post-pandemic.
Insights and Tools:
• Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation.
• Product values and regional markets are estimated by market analysts, data analysts, and people from a related industry, based on the company’s revenue and applications market respectively.
• The data sources include but are not limited to reports of companies, international organizations and governments, market surveys, and related industry news.
• Analyses of global market trends, with historical data, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026
• The market research includes historical and forecast data from like demand, application details, price trends, and company shares by geography, especially focusing on the key regions like the United States, European Union, China, and other regions.
• In addition, the report provides insight into the main drivers, challenges, opportunities, and risks of the market and strategies of suppliers. Key players are profiled as well with their market shares in the global market discussed.
Research Objectives
1. To study and analyze the Money Remittance and Bill Payment Services consumption (value) by key regions/countries, product type, and application, history data from 2016 to 2020, and forecast to 2026.
2. To understand the structure of Money Remittance and Bill Payment Services market by identifying its various subsegments.
3. Focuses on the key Money Remittance and Bill Payment Services manufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis, and development plans in the next few years.
4. To analyze the Money Remittance and Bill Payment Services with respect to individual growth trends, future prospects, and their contribution to the total market.
5. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
6. To project the consumption of Money Remittance and Bill Payment Services submarkets, with respect to key regions (along with their respective key countries).
7. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
8. To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Content
1 Money Remittance and Bill Payment Services Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Money Remittance and Bill Payment Services Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Money Remittance and Bill Payment Services Market Forces
3.1 Global Money Remittance and Bill Payment Services Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Money Remittance and Bill Payment Services Market - By Geography
4.1 Global Money Remittance and Bill Payment Services Market Value and Market Share by Regions
4.1.1 Global Money Remittance and Bill Payment Services Value ($) by Region (2015-2020)
4.1.2 Global Money Remittance and Bill Payment Services Value Market Share by Regions (2015-2020)
4.2 Global Money Remittance and Bill Payment Services Market Production and Market Share by Major Countries
4.2.1 Global Money Remittance and Bill Payment Services Production by Major Countries (2015-2020)
4.2.2 Global Money Remittance and Bill Payment Services Production Market Share by Major Countries (2015-2020)
4.3 Global Money Remittance and Bill Payment Services Market Consumption and Market Share by Regions
4.3.1 Global Money Remittance and Bill Payment Services Consumption by Regions (2015-2020)
4.3.2 Global Money Remittance and Bill Payment Services Consumption Market Share by Regions (2015-2020)
5 Money Remittance and Bill Payment Services Market - By Trade Statistics
5.1 Global Money Remittance and Bill Payment Services Export and Import
5.2 United States Money Remittance and Bill Payment Services Export and Import (2015-2020)
5.3 Europe Money Remittance and Bill Payment Services Export and Import (2015-2020)
5.4 China Money Remittance and Bill Payment Services Export and Import (2015-2020)
5.5 Japan Money Remittance and Bill Payment Services Export and Import (2015-2020)
5.6 India Money Remittance and Bill Payment Services Export and Import (2015-2020)
5.7
6 Money Remittance and Bill Payment Services Market - By Type
6.1 Global Money Remittance and Bill Payment Services Production and Market Share by Types (2015-2020)
6.1.1 Global Money Remittance and Bill Payment Services Production by Types (2015-2020)
6.1.2 Global Money Remittance and Bill Payment Services Production Market Share by Types (2015-2020)
6.2 Global Money Remittance and Bill Payment Services Value and Market Share by Types (2015-2020)
6.2.1 Global Money Remittance and Bill Payment Services Value by Types (2015-2020)
6.2.2 Global Money Remittance and Bill Payment Services Value Market Share by Types (2015-2020)
6.3 Global Money Remittance and Bill Payment Services Production, Price and Growth Rate of Domestic Remittance (2015-2020)
6.4 Global Money Remittance and Bill Payment Services Production, Price and Growth Rate of International Remittance (2015-2020)
7 Money Remittance and Bill Payment Services Market - By Application
7.1 Global Money Remittance and Bill Payment Services Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Money Remittance and Bill Payment Services Consumption by Applications (2015-2020)
7.1.2 Global Money Remittance and Bill Payment Services Consumption Market Share by Applications (2015-2020)
7.2 Global Money Remittance and Bill Payment Services Consumption and Growth Rate of Door-to-door Delivery (2015-2020)
7.3 Global Money Remittance and Bill Payment Services Consumption and Growth Rate of Branch Pick-up (2015-2020)
7.4 Global Money Remittance and Bill Payment Services Consumption and Growth Rate of Direct to Account Transfer (2015-2020)
7.5 Global Money Remittance and Bill Payment Services Consumption and Growth Rate of Cash/pre-paid Cards (2015-2020)
8 North America Money Remittance and Bill Payment Services Market
8.1 North America Money Remittance and Bill Payment Services Market Size
8.2 United States Money Remittance and Bill Payment Services Market Size
8.3 Canada Money Remittance and Bill Payment Services Market Size
8.4 Mexico Money Remittance and Bill Payment Services Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Money Remittance and Bill Payment Services Market Analysis
9.1 Europe Money Remittance and Bill Payment Services Market Size
9.2 Germany Money Remittance and Bill Payment Services Market Size
9.3 United Kingdom Money Remittance and Bill Payment Services Market Size
9.4 France Money Remittance and Bill Payment Services Market Size
9.5 Italy Money Remittance and Bill Payment Services Market Size
9.6 Spain Money Remittance and Bill Payment Services Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Money Remittance and Bill Payment Services Market Analysis
10.1 Asia-Pacific Money Remittance and Bill Payment Services Market Size
10.2 China Money Remittance and Bill Payment Services Market Size
10.3 Japan Money Remittance and Bill Payment Services Market Size
10.4 South Korea Money Remittance and Bill Payment Services Market Size
10.5 Southeast Asia Money Remittance and Bill Payment Services Market Size
10.6 India Money Remittance and Bill Payment Services Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Money Remittance and Bill Payment Services Market Analysis
11.1 Middle East and Africa Money Remittance and Bill Payment Services Market Size
11.2 Saudi Arabia Money Remittance and Bill Payment Services Market Size
11.3 UAE Money Remittance and Bill Payment Services Market Size
11.4 South Africa Money Remittance and Bill Payment Services Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Money Remittance and Bill Payment Services Market Analysis
12.1 South America Money Remittance and Bill Payment Services Market Size
12.2 Brazil Money Remittance and Bill Payment Services Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 BDO Unibank, Inc
13.1.1 BDO Unibank, Inc Basic Information
13.1.2 BDO Unibank, Inc Product Profiles, Application and Specification
13.1.3 BDO Unibank, Inc Money Remittance and Bill Payment Services Market Performance (2015-2020)
13.2 Philippine National Bank
13.2.1 Philippine National Bank Basic Information
13.2.2 Philippine National Bank Product Profiles, Application and Specification
13.2.3 Philippine National Bank Money Remittance and Bill Payment Services Market Performance (2015-2020)
13.3 I-Remit Inc
13.3.1 I-Remit Inc Basic Information
13.3.2 I-Remit Inc Product Profiles, Application and Specification
13.3.3 I-Remit Inc Money Remittance and Bill Payment Services Market Performance (2015-2020)
13.4 MLhuillier, Inc
13.4.1 MLhuillier, Inc Basic Information
13.4.2 MLhuillier, Inc Product Profiles, Application and Specification
13.4.3 MLhuillier, Inc Money Remittance and Bill Payment Services Market Performance (2015-2020)
13.5 LBC Express Inc.
13.5.1 LBC Express Inc. Basic Information
13.5.2 LBC Express Inc. Product Profiles, Application and Specification
13.5.3 LBC Express Inc. Money Remittance and Bill Payment Services Market Performance (2015-2020)
13.6 Wells Fargo & Company
13.6.1 Wells Fargo & Company Basic Information
13.6.2 Wells Fargo & Company Product Profiles, Application and Specification
13.6.3 Wells Fargo & Company Money Remittance and Bill Payment Services Market Performance (2015-2020)
13.7 Western Union,
13.7.1 Western Union, Basic Information
13.7.2 Western Union, Product Profiles, Application and Specification
13.7.3 Western Union, Money Remittance and Bill Payment Services Market Performance (2015-2020)
13.8 Metro Bank
13.8.1 Metro Bank Basic Information
13.8.2 Metro Bank Product Profiles, Application and Specification
13.8.3 Metro Bank Money Remittance and Bill Payment Services Market Performance (2015-2020)
13.9 Cebuana Lhuilier
13.9.1 Cebuana Lhuilier Basic Information
13.9.2 Cebuana Lhuilier Product Profiles, Application and Specification
13.9.3 Cebuana Lhuilier Money Remittance and Bill Payment Services Market Performance (2015-2020)
13.10 Palawan Pawnshop
13.10.1 Palawan Pawnshop Basic Information
13.10.2 Palawan Pawnshop Product Profiles, Application and Specification
13.10.3 Palawan Pawnshop Money Remittance and Bill Payment Services Market Performance (2015-2020)
13.11 Bank of the Philippine Islands
13.11.1 Bank of the Philippine Islands Basic Information
13.11.2 Bank of the Philippine Islands Product Profiles, Application and Specification
13.11.3 Bank of the Philippine Islands Money Remittance and Bill Payment Services Market Performance (2015-2020)
13.12 MoneyGram International
13.12.1 MoneyGram International Basic Information
13.12.2 MoneyGram International Product Profiles, Application and Specification
13.12.3 MoneyGram International Money Remittance and Bill Payment Services Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Money Remittance and Bill Payment Services Market Forecast (2020-2025)
14.2 Europe Money Remittance and Bill Payment Services Market Forecast (2020-2025)
14.3 Asia-Pacific Money Remittance and Bill Payment Services Market Forecast (2020-2025)
14.4 Middle East and Africa Money Remittance and Bill Payment Services Market Forecast (2020-2025)
14.5 South America Money Remittance and Bill Payment Services Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Money Remittance and Bill Payment Services Market Forecast by Types (2020-2025)
15.1.1 Global Money Remittance and Bill Payment Services Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Money Remittance and Bill Payment Services Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Money Remittance and Bill Payment Services Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Money Remittance and Bill Payment Services Picture
Table Money Remittance and Bill Payment Services Key Market Segments
Figure Study and Forecasting Years
Figure Global Money Remittance and Bill Payment Services Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Money Remittance and Bill Payment Services Value ($) and Growth Rate (2015-2020)
Table Global Money Remittance and Bill Payment Services Value ($) by Countries (2015-2020)
Table Global Money Remittance and Bill Payment Services Value Market Share by Regions (2015-2020)
Figure Global Money Remittance and Bill Payment Services Value Market Share by Regions in 2019
Figure Global Money Remittance and Bill Payment Services Production and Growth Rate (2015-2020)
Table Global Money Remittance and Bill Payment Services Production by Major Countries (2015-2020)
Table Global Money Remittance and Bill Payment Services Production Market Share by Major Countries (2015-2020)
Figure Global Money Remittance and Bill Payment Services Production Market Share by Regions in 2019
Figure Global Money Remittance and Bill Payment Services Consumption and Growth Rate (2015-2020)
Table Global Money Remittance and Bill Payment Services Consumption by Regions (2015-2020)
Table Global Money Remittance and Bill Payment Services Consumption Market Share by Regions (2015-2020)
Figure Global Money Remittance and Bill Payment Services Consumption Market Share by Regions in 2019
Table Global Money Remittance and Bill Payment Services Export Top 3 Country 2019
Table Global Money Remittance and Bill Payment Services Import Top 3 Country 2019
Table United States Money Remittance and Bill Payment Services Export and Import (2015-2020)
Table Europe Money Remittance and Bill Payment Services Export and Import (2015-2020)
Table China Money Remittance and Bill Payment Services Export and Import (2015-2020)
Table Japan Money Remittance and Bill Payment Services Export and Import (2015-2020)
Table India Money Remittance and Bill Payment Services Export and Import (2015-2020)
Table Global Money Remittance and Bill Payment Services Production by Types (2015-2020)
Table Global Money Remittance and Bill Payment Services Production Market Share by Types (2015-2020)
Figure Global Money Remittance and Bill Payment Services Production Share by Type (2015-2020)
Table Global Money Remittance and Bill Payment Services Value by Types (2015-2020)
Table Global Money Remittance and Bill Payment Services Value Market Share by Types (2015-2020)
Figure Global Money Remittance and Bill Payment Services Value Share by Type (2015-2020)
Figure Global Domestic Remittance Production and Growth Rate (2015-2020)
Figure Global Domestic Remittance Price (2015-2020)
Figure Global International Remittance Production and Growth Rate (2015-2020)
Figure Global International Remittance Price (2015-2020)
Table Global Money Remittance and Bill Payment Services Consumption by Applications (2015-2020)
Table Global Money Remittance and Bill Payment Services Consumption Market Share by Applications (2015-2020)
Figure Global Money Remittance and Bill Payment Services Consumption Share by Application (2015-2020)
Figure Global Door-to-door Delivery Consumption and Growth Rate (2015-2020)
Figure Global Branch Pick-up Consumption and Growth Rate (2015-2020)
Figure Global Direct to Account Transfer Consumption and Growth Rate (2015-2020)
Figure Global Cash/pre-paid Cards Consumption and Growth Rate (2015-2020)
Figure North America Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Table North America Money Remittance and Bill Payment Services Consumption by Countries (2015-2020)
Table North America Money Remittance and Bill Payment Services Consumption Market Share by Countries (2015-2020)
Figure North America Money Remittance and Bill Payment Services Consumption Market Share by Countries (2015-2020)
Figure United States Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Figure Canada Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Figure Mexico Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Table Europe Money Remittance and Bill Payment Services Consumption by Countries (2015-2020)
Table Europe Money Remittance and Bill Payment Services Consumption Market Share by Countries (2015-2020)
Figure Europe Money Remittance and Bill Payment Services Consumption Market Share by Countries (2015-2020)
Figure Germany Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Figure France Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Figure Italy Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Figure Spain Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Money Remittance and Bill Payment Services Consumption by Countries (2015-2020)
Table Asia-Pacific Money Remittance and Bill Payment Services Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Money Remittance and Bill Payment Services Consumption Market Share by Countries (2015-2020)
Figure China Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Figure Japan Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Figure South Korea Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Figure India Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Money Remittance and Bill Payment Services Consumption by Countries (2015-2020)
Table Middle East and Africa Money Remittance and Bill Payment Services Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Money Remittance and Bill Payment Services Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Figure UAE Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Figure South Africa Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Figure South America Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Table South America Money Remittance and Bill Payment Services Consumption by Countries (2015-2020)
Table South America Money Remittance and Bill Payment Services Consumption Market Share by Countries (2015-2020)
Figure South America Money Remittance and Bill Payment Services Consumption Market Share by Countries (2015-2020)
Figure Brazil Money Remittance and Bill Payment Services Market Consumption and Growth Rate (2015-2020)
Table BDO Unibank, Inc Company Profile
Table BDO Unibank, Inc Production, Value, Price, Gross Margin 2015-2020
Figure BDO Unibank, Inc Production and Growth Rate
Figure BDO Unibank, Inc Value ($) Market Share 2015-2020
Table Philippine National Bank Company Profile
Table Philippine National Bank Production, Value, Price, Gross Margin 2015-2020
Figure Philippine National Bank Production and Growth Rate
Figure Philippine National Bank Value ($) Market Share 2015-2020
Table I-Remit Inc Company Profile
Table I-Remit Inc Production, Value, Price, Gross Margin 2015-2020
Figure I-Remit Inc Production and Growth Rate
Figure I-Remit Inc Value ($) Market Share 2015-2020
Table MLhuillier, Inc Company Profile
Table MLhuillier, Inc Production, Value, Price, Gross Margin 2015-2020
Figure MLhuillier, Inc Production and Growth Rate
Figure MLhuillier, Inc Value ($) Market Share 2015-2020
Table LBC Express Inc. Company Profile
Table LBC Express Inc. Production, Value, Price, Gross Margin 2015-2020
Figure LBC Express Inc. Production and Growth Rate
Figure LBC Express Inc. Value ($) Market Share 2015-2020
Table Wells Fargo & Company Company Profile
Table Wells Fargo & Company Production, Value, Price, Gross Margin 2015-2020
Figure Wells Fargo & Company Production and Growth Rate
Figure Wells Fargo & Company Value ($) Market Share 2015-2020
Table Western Union, Company Profile
Table Western Union, Production, Value, Price, Gross Margin 2015-2020
Figure Western Union, Production and Growth Rate
Figure Western Union, Value ($) Market Share 2015-2020
Table Metro Bank Company Profile
Table Metro Bank Production, Value, Price, Gross Margin 2015-2020
Figure Metro Bank Production and Growth Rate
Figure Metro Bank Value ($) Market Share 2015-2020
Table Cebuana Lhuilier Company Profile
Table Cebuana Lhuilier Production, Value, Price, Gross Margin 2015-2020
Figure Cebuana Lhuilier Production and Growth Rate
Figure Cebuana Lhuilier Value ($) Market Share 2015-2020
Table Palawan Pawnshop Company Profile
Table Palawan Pawnshop Production, Value, Price, Gross Margin 2015-2020
Figure Palawan Pawnshop Production and Growth Rate
Figure Palawan Pawnshop Value ($) Market Share 2015-2020
Table Bank of the Philippine Islands Company Profile
Table Bank of the Philippine Islands Production, Value, Price, Gross Margin 2015-2020
Figure Bank of the Philippine Islands Production and Growth Rate
Figure Bank of the Philippine Islands Value ($) Market Share 2015-2020
Table MoneyGram International Company Profile
Table MoneyGram International Production, Value, Price, Gross Margin 2015-2020
Figure MoneyGram International Production and Growth Rate
Figure MoneyGram International Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Money Remittance and Bill Payment Services Market Forecast Production by Types (2020-2025)
Table Global Money Remittance and Bill Payment Services Market Forecast Production Share by Types (2020-2025)
Table Global Money Remittance and Bill Payment Services Market Forecast Value ($) by Types (2020-2025)
Table Global Money Remittance and Bill Payment Services Market Forecast Value Share by Types (2020-2025)
Table Global Money Remittance and Bill Payment Services Market Forecast Consumption by Applications (2020-2025)
Table Global Money Remittance and Bill Payment Services Market Forecast Consumption Share by Applications (2020-2025)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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