Canada International Remittance Business Report 2023: International Outbound Remittance has Increased at 1.7% During 2022 to Reach $8.31 Billion in 2023 – Forecast to 2028

DUBLIN, Jan. 15, 2024 /PRNewswire/ — The “Canada International Remittance Market Business and Investment Opportunities – Analysis by Transaction Value & Volume, Inbound and Outbound Transfers to and from Key States, Consumer Demographics – Q2 2023” report has been added to  ResearchAndMarkets.com’s offering.

The international inbound remittance market in Canada has increased at 1.9% during 2022 to reach US$859.8 million in 2023. Over the forecast period (2023-2028), market size is expected to record a CAGR of 1.6%, increasing from US$843.5 million in 2022 to reach US$932.4 million by 2028.

According to the publisher, the international outbound remittance market in Canada has increased at 1.7% during 2022 to reach US$ 8.31 billion in 2023. Over the forecast period (2023-2028), market size is expected to record a CAGR of 1.4%, increasing from US$ 8.17 billion in 2022 to reach US$ 8.89 billion by 2028.

This report provides a comprehensive analysis of the international inbound and outbound remittance market in Canada. It covers the market opportunity by transaction value, transaction volume, average value per transaction, key market players, market opportunity by channel, consumer profile, and by sending/receiving countries.

Reasons to buy

Comprehensive and Up-to-Date Information: The report provides comprehensive and up-to-date information on the Canada international inbound and outbound remittance market, including market size, growth trends, transaction value, transaction volume, average value per transaction, and market share analysis by transfer channel, consumer demographics, and key countries.Understand Competitive Landscape: Get a high-level view of competitive landscape through market share data on key players in the market.Actionable Insights for Businesses and Investors: The report provides data centric analysis for businesses and investors operating in the Canada remittance market. It helps them identify new opportunities, assess risks, and make informed business decisions.Forecasts for Future Market Growth: The report provides forecasts for future market growth, enabling businesses and investors to plan and strategize effectively.

Scope

International Inbound Market Opportunity Trend Analysis in Canada

By Transaction ValueBy Transaction VolumeBy Average Value Per Transaction

Market Share of Key Players in Canada

International Inbound Market Opportunity Trend Analysis by Channel in Canada

Digital (transaction value, transaction volume, average value per transaction)Mobile (transaction value, transaction volume, average value per transaction)Non-Digital (transaction value, transaction volume, average value per transaction)

International Inbound Remittance Analysis of Consumer Profile in Canada

Analysis by age group of sendersAnalysis by income of sendersAnalysis by occupation of sendersAnalysis by occupation of beneficiariesAnalysis by purpose

International Inbound Remittance Flow Analysis (Country to State/Region) in Canada

Market opportunity by key sending countries (transaction value, transaction volume, average value per transaction)Market share by transfer channel by key state/regions

International Outbound Market Opportunity Trend Analysis in Canada

By Transaction ValueBy Transaction VolumeBy Average Value Per Transaction

International Outbound Market Opportunity Trend Analysis by Channel in Canada

Digital (transaction value, transaction volume, average value per transaction)Mobile (transaction value, transaction volume, average value per transaction)Non-Digital (transaction value, transaction volume, average value per transaction)

International Outbound Remittance Analysis of Consumer Profile in Canada

Analysis by age group of sendersAnalysis by income of senderAnalysis by occupation of senderAnalysis by occupation of beneficiariesAnalysis by purpose

International Outbound Remittance Flow Analysis (State/Region to Country) in Canada

Market opportunity by key sending countries (transaction value, transaction volume, average value per transaction)Market share by transfer channel by key state/regions

For more information about this report visit https://www.researchandmarkets.com/r/32ct56

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