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The global inflow of remittances is expected to reach US$745.1 billion in 2025, growing at a CAGR of 1.20%, for the time period of 2021-2025. Factors such as reduction in remittance costs, rising international migration, improving youth unemployment rate, surging urbanization, rising number of international students and increasing refugee population would drive the growth in the remittance infl ..

The global banknote market is estimated to reach US$15.65 billion in 2025, growing at a CAGR of 4.09% for the period spanning from 2021 to 2025. The factors such as increasing number of ATMs globally and rising population are expected to drive the market. However, growth of the industry will be challenged by counterfeiting of banknotes and rapid growth of electronic payments. A few notable tren ..

US digital insurance market revenues are forecasted to touch US$23.92 billion in 2025, growing at a CAGR of 20.7% for the period spanning from 2021 to 2025.

Factors such as rapid urbanization, growing smartphone users, rising healthcare expenditure and improving consumer confidence index are expected to drive the market growth. However, growth of the industry would be challenged by surge ..

The global banknote market is estimated to reach US$15.03 billion in 2024, growing at a CAGR of 2.72% for the period spanning from 2019 to 2024. The factors such as increasing number of ATMs globally and rising population are expected to drive the market. However, growth of the industry will be challenged by counterfeiting of banknotes and rapid growth of electronic payments. A few notable tren ..

Remittance is referred to as the money sent by immigrants to their families residing in their native countries. This market plays a vital role in the economic growth and livelihoods of people across the world. Remittance inflows in developing countries make a notable share in their GDPs. Remittance market is completely dependent on the migrated population living across the world.

The glob ..