Egypt Remittance Market Research Report : 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 href=”https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/egypt-remittance-market/182340-93.html” target=”_blank” rel=”noopener”>Buy Now The Egypt Remittance Market report titled “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)” provides a comprehensive analysis of International Remittance, Domestic Remittance, and Bill Payment Market in Egypt. It includes the transactions occurring in Egypt by major flow corridors, mode of transfer, inbound and outbound transactions, channel of transfer, and bill payment details such as type of bill payments and mode of bill payments. The report also covers the overall competitive landscape and company profiles of major Money Transfer Organizations in Egypt. The report concludes with market projection for future and analyst recommendations highlighting the major opportunities and cautions for the Egypt Remittance Market. Egypt Remittance Market Overview and Size Egypt Remittance Market has been one of the top Arabian countries in terms of labour supply. This results into high international inbound remittance in the country. The domestic remittance transactions are high which is due to growth in internal migration and rising urban population. Increasing nuclear families in the country has resulted into increased bill payment activities as number of subscribers for utilities, mobile telephone services and internet are on rise. Even though the international remittance market has slowed down since 2016, it is expected to recover as Middle Eastern economies invest to diversify. Request For Sample Report-https://kenresearch.com/sample-report.php?Frmdetails=MTgyMzQw Egypt International Remittance Market The inbound remittance has been the leading source of transaction whereas outbound remittance accounts for a marginal share; it is majorly due to the high Egyptian migration in other countries for better job opportunities. Saudi Arabia, Kuwait, UAE, Jordan among others have been major inbound remittance flow corridors which are majorly due to the substantial Egyptian migration to these countries, whereas resident from countries such as Syrian Arab Republic, West Bank and Gaza, Lebanon, and other have been major countries responsible for outbound remittance from Egypt. in Egypt International Remittance Market, bank transfer that includes usage of cheques, drafts, direct deposits, and others accounts for a major share in 2018. However, about one-fourth of the population still rely on their friends and relatives to send or receive money. It is mainly due to the lack of trust on banking channels and it is the least expensive method for migrants to save transaction fee and taxes. Egypt Domestic Remittance Market Banking channels has been most prominent method whereas non-banking channels accounts for a smaller share. Based on net migration flow, Port Said, Suez, Red Sea, 6th of October, and Ismalia are few of the major cities that have experienced major inflow of internal migrants, whereas Menoufia, Sharqia, Assyut, Sohag and Damietta are the cities that fall lest in net migration flow with highest number of outflow of migrants. Better job opportunities and lifestyle makes these cities major flow corridors in domestic money transfers. Egypt Bill Payments Market In Egypt, Bill Payments mobile services that include mobile top-ups are the largest contributor, followed by internet services which are majorly due to the ever increasing penetration of broadband internet. Utilities also accounts for a respectable share followed by other bills such as taxes, tuition fee, and more. Cash is the most preferred method opted by Egyptians. Card payment is second largest contributor in terms of transaction value and is followed by fund transfers. Competitive Landscape in Egypt Remittance Market The competition within Egypt International Remittance market concentrated in nature with the presence of Western Union, RIA Money Transfer, and MoneyGram. Other companies that operate in the space are OFX, XE Trade, Payoneer, and more, however they account for smaller share. in domestic remittance space Egypt Post dominates the market which is followed by ITSC Egypt (that operates in collaboration with Egypt Post), where as HSBC Egypt is the largest private company that operates in domestic money transfer services in Egypt. The Bill Payment Market in Egypt is fragmented in nature with presence of companies such as Masary, Fawry, Bee, Sadad, Aman, and others, in which Fawry and Masary combined accounted for majority of the market share. Future Outlook and Projections Expected continued growth in Egyptian migrants in other countries, internal migration, and increasing use of internet and mobile services is expected to sustain the growth of Egypt Remittance Market. However, policy changes in Saudi Arabia are expected to negatively impact the international remittance market in Egypt. Most of the Egyptian workers in Saudi Arabia are either expected to return to Egypt or move to other country in search of other better 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 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 India Payment Services Market Outlook to 2026 Data Points for Auto Finance India and Thailand Follow Us LinkedIn | Instagram | 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