Egypt Remittance Market Outlook to 2023: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Egypt has been one of the finest Arabian countries in terms of labour supply. This results into high international inbound remittance across the country. The domestic remittance transactions are high which is owing to growth in internal migration and growing urban population. The effective growth in nuclear families in the country has resulted into augmented the bill payment activities as number of subscribers for utilities, mobile telephone services and internet are on increment. Even though the international remittance market has slowed down since 2016, it is projected to recover as Middle Eastern economies invest to expand. According to the report analysis, ‘Egypt Remittance Market Outlook to 2023 – By Inbound and Outbound Remittance, By Transfer Mode (Bank Transfer, Through Friends or Relatives, Through Agent or Courier, Carried Money on Their Visits, and Others), By Banking and Non-Banking Transfer, By Bill Payment Type (Mobile Services, Internet Services, Utilities, and Others), By Bill Payment Mode (Cash Payments, Card Payments, and Fund Transfers)’ states that the competition within Egypt International Remittance market concentrated in nature with the existence of Western Union, RIA Money Transfer, and MoneyGram. Other companies that function in the space are OFX, XE Trade, Payoneer, and more, however they account for smaller share. in domestic remittance space Egypt Post registers the market which is followed by ITSC Egypt (that functions in collaboration with Egypt Post), whereas HSBC Egypt is the greatest private company that functions in domestic money transfer services in Egypt. The Bill Payment Market in Egypt is fragmented in nature with existence of companies such as Masary, Fawry, Bee, Sadad, Aman, and several others, in which Fawry and Masary combined registered for majority of the market share. Interested to Know More about this Report- Request for a sample report The inbound remittance has been the leading source of transaction whereas outbound remittance registers for a marginal share; it is majorly owing to the high Egyptian migration in other countries for better job opportunities. Saudi Arabia, Kuwait, UAE, Jordan among others have been key inbound remittance flow corridors which are majorly owing to the substantial Egyptian migration to these countries, whereas resident from countries likewise Syrian Arab Republic, West Bank and Gaza, Lebanon, and other have been key countries accountable for outbound remittance from Egypt. in Egypt International Remittance Market, bank transfer that involves usage of cheques, drafts, direct deposits, and others accounts for a major share during 2018. However, about one-fourth of the population still rely on their friends and relatives to send or receive money. It is mainly owing to the absence of trust on banking channels and it is the least expensive approach for migrants to save the transaction fee and taxes. Expected continual growth in Egyptian migrants in other countries, internal migration, and growing use of internet and mobile services is projected to sustain the growth of Egypt Remittance Market. However, policy changes across Saudi Arabia are predicted to negatively impact the international remittance market across Egypt. Most of the Egyptian workers in Saudi Arabia are either predicted to return to Egypt or move to other country in search of other improved employment opportunities. Key Segments Covered Egypt International Remittance Market By Inbound and Outbound Remittance By Major Flow Corridors Inbound Flow Corridors Outbound Flow Corridors By Mode of Transfers Bank Transfers Through Friends or Relatives Through Agent or Courier Carried Money on Their Visits Single Size Custom Size Egypt Domestic Remittance Market By Channel of Transfer By Major Flow Corridors Banking Transactions Non-Banking Transactions By Major Flow Corridors Bank Transfers Egypt Bill Payments Market By Type of Bill Payments Mobile Services Internet Services Utilities By Mode of Bill Payments Cash Payments Card Payments Fund Transfers Key Target Audience Money Transfer Organization Bill Payment Companies Banks Visit this Link :- Request for custom report Time Period Captured in the Report: Historical Period – 2013-2018 Forecast Period – 2019-2023 Companies Covered: Western Union RIA Money Transfer MoneyGram Egypt Post ITSC Egypt HSBC Egypt Fawry Masary Bee: Smart Payment Solutions Key Topics Covered in the Report Executive Summary Research Methodology Egypt Remittance Market – Overview and Genesis Egypt International Remittance Market Egypt Domestic Remittance Market Egypt Bill Payment Market Egypt Remittance Market Consumer Profile Value Chain Analysis of Egypt Remittance Market Government Regulations in Egypt Remittance Market Issues and Challenges in Egypt Remittance Market Trends and Growth Drivers Competitive Landscape and Company Profiles in Egypt Remittance Market Future Outlook and Projections of Egypt Remittance Market Analyst Recommendations For More Information, refer to below link:- Egypt Remittance Market Research Report Related Reports International Remittance Industry in Qatar: Outlook to 2025 International Remittance Industry in Saudi Arabia: Outlook to 2025 Follow Us LinkedIn | Facebook | Twitter | YouTube Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Tags: Egypt Remittance Industry, Egypt Remittance Market, Egypt Remittance Market Analysis, Egypt Remittance Market Competition, Egypt Remittance Market Competitive Analysis, Egypt Remittance Market Growth, Egypt Remittance Market Growth Strategy Report, Egypt Remittance Market News, Egypt Remittance Market Research Report, Egypt Remittance Market Revenue, Egypt Remittance Market Revenue Forecasting, Egypt Remittance Market Share, Egypt Remittance Market Trends, Egypt Remittance Market Volume, Remittance Market, Remittance Market Analysis, Remittance Market Competition, Remittance Market Competitive Analysis, Remittance Market Growth, Remittance Market Growth Strategy Report, Remittance Market News, Remittance Market Research Report, Remittance Market Revenue, Remittance Market Revenue Forecasting, Remittance Market Share, Remittance Market Trends, Remittance Market Volume