The Foreign Exchange Services Global Market Report 2023, provides comprehensive information on the foreign exchange services market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Foreign Exchange Services Market’s Growth:
https://www.thebusinessresearchcompany.com/report/foreign-exchange-services-global-market-report
As per The Business Research Company’s Foreign Exchange Services Global Market Report 2023, the market size is expected to grow from $6,793.01 billion in 2022 to $7,523.28 billion in 2023 at a compound annual growth rate (CAGR) of 10.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global foreign exchange services market is expected to reach $9,724.04 billion in 2027 at a CAGR of 6.6%.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=9628&type=smp
Technological advancements are a key trend gaining popularity in the foreign exchange service market. Major companies operating in the foreign exchange service market are adopting new technologies to sustain their position in the market. For instance, in July 2022, EbixCash Limited, an India-based technology-enabled provider of digital products and services, launched the Self Booking Corporate tool for foreign exchange. Self-Booking Corporate tool offers a spectrum of digital foreign exchange services to business and corporate travellers, and other corporates enabling increased efficiency. The tool will allow clients to avail of foreign exchange services digitally, through a hassle-free documentation process and provides corporate clients the ability to tailor the system by their corporate travel policies and generates customized reports.
The foreign exchange services market is segmented:
1) By Services: Currency Exchange, Remittance Services, Foreign Currency Accounts, Other Services
2) By Providers: Banks, Money Transfer Operators, Other Providers
3) By End-User: Individuals, Corporate Institutes, Government, Retailers, Other End Users
North America was the largest region in the foreign exchange services market in 2022.
The table of contents in TBRC’s foreign exchange services market report includes:
- Executive Summary
- Foreign Exchange Services Market Characteristics
- Foreign Exchange Services Market Trends And Strategies
- Foreign Exchange Services Market – Macro Economic Scenario
- Foreign Exchange Services Market Size And Growth
.
.
.
- Africa Foreign Exchange Services Market
- Foreign Exchange Services Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Foreign Exchange Services Market
- Foreign Exchange Services Market Future Outlook and Potential Analysis
- Appendix
Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
