Foreign Currency Exchange Services Market 2022: Key Strategies, Historical Analysis, Trends, New Opportunities and Forecast Till 2028
Foreign Currency Exchange Services Market 2022: Key Strategies, Historical Analysis, Trends, New Opportunities and Forecast Till 2028
The Foreign Currency Exchange Services Market report highlights technological advancements, investment opportunities, and regulatory frameworks shaping the industry landscape through 2030.
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This report elaborates the market size, market characteristics, and market growth of the Foreign Currency Exchange Services industry, and breaks down according to the type, application, and consumption area of Foreign Currency Exchange Services. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Foreign Currency Exchange Services in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Key players in the global Foreign Currency Exchange Services market covered in Chapter 13:
Western Union Business Solutions
Moneycorp
Global Reach Group.
WorldFirst UK Ltd
OPT
Currencies Direct Ltd
Foreign Currency Direct
HiFX
AFEX
In Chapter 6, on the basis of types, the Foreign Currency Exchange Services market from 2015 to 2025 is primarily split into:
On-premise
Cloud-based
In Chapter 7, on the basis of applications, the Foreign Currency Exchange Services market from 2015 to 2025 covers:
PC Terminal
Mobile Terminal
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 Foreign Currency Exchange Services Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Foreign Currency Exchange Services Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Foreign Currency Exchange Services Market Forces
3.1 Global Foreign Currency Exchange Services Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Foreign Currency Exchange Services Market - By Geography
4.1 Global Foreign Currency Exchange Services Market Value and Market Share by Regions
4.1.1 Global Foreign Currency Exchange Services Value ($) by Region (2015-2020)
4.1.2 Global Foreign Currency Exchange Services Value Market Share by Regions (2015-2020)
4.2 Global Foreign Currency Exchange Services Market Production and Market Share by Major Countries
4.2.1 Global Foreign Currency Exchange Services Production by Major Countries (2015-2020)
4.2.2 Global Foreign Currency Exchange Services Production Market Share by Major Countries (2015-2020)
4.3 Global Foreign Currency Exchange Services Market Consumption and Market Share by Regions
4.3.1 Global Foreign Currency Exchange Services Consumption by Regions (2015-2020)
4.3.2 Global Foreign Currency Exchange Services Consumption Market Share by Regions (2015-2020)
5 Foreign Currency Exchange Services Market - By Trade Statistics
5.1 Global Foreign Currency Exchange Services Export and Import
5.2 United States Foreign Currency Exchange Services Export and Import (2015-2020)
5.3 Europe Foreign Currency Exchange Services Export and Import (2015-2020)
5.4 China Foreign Currency Exchange Services Export and Import (2015-2020)
5.5 Japan Foreign Currency Exchange Services Export and Import (2015-2020)
5.6 India Foreign Currency Exchange Services Export and Import (2015-2020)
5.7
6 Foreign Currency Exchange Services Market - By Type
6.1 Global Foreign Currency Exchange Services Production and Market Share by Types (2015-2020)
6.1.1 Global Foreign Currency Exchange Services Production by Types (2015-2020)
6.1.2 Global Foreign Currency Exchange Services Production Market Share by Types (2015-2020)
6.2 Global Foreign Currency Exchange Services Value and Market Share by Types (2015-2020)
6.2.1 Global Foreign Currency Exchange Services Value by Types (2015-2020)
6.2.2 Global Foreign Currency Exchange Services Value Market Share by Types (2015-2020)
6.3 Global Foreign Currency Exchange Services Production, Price and Growth Rate of On-premise (2015-2020)
6.4 Global Foreign Currency Exchange Services Production, Price and Growth Rate of Cloud-based (2015-2020)
7 Foreign Currency Exchange Services Market - By Application
7.1 Global Foreign Currency Exchange Services Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Foreign Currency Exchange Services Consumption by Applications (2015-2020)
7.1.2 Global Foreign Currency Exchange Services Consumption Market Share by Applications (2015-2020)
7.2 Global Foreign Currency Exchange Services Consumption and Growth Rate of PC Terminal (2015-2020)
7.3 Global Foreign Currency Exchange Services Consumption and Growth Rate of Mobile Terminal (2015-2020)
8 North America Foreign Currency Exchange Services Market
8.1 North America Foreign Currency Exchange Services Market Size
8.2 United States Foreign Currency Exchange Services Market Size
8.3 Canada Foreign Currency Exchange Services Market Size
8.4 Mexico Foreign Currency Exchange Services Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Foreign Currency Exchange Services Market Analysis
9.1 Europe Foreign Currency Exchange Services Market Size
9.2 Germany Foreign Currency Exchange Services Market Size
9.3 United Kingdom Foreign Currency Exchange Services Market Size
9.4 France Foreign Currency Exchange Services Market Size
9.5 Italy Foreign Currency Exchange Services Market Size
9.6 Spain Foreign Currency Exchange Services Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Foreign Currency Exchange Services Market Analysis
10.1 Asia-Pacific Foreign Currency Exchange Services Market Size
10.2 China Foreign Currency Exchange Services Market Size
10.3 Japan Foreign Currency Exchange Services Market Size
10.4 South Korea Foreign Currency Exchange Services Market Size
10.5 Southeast Asia Foreign Currency Exchange Services Market Size
10.6 India Foreign Currency Exchange Services Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Foreign Currency Exchange Services Market Analysis
11.1 Middle East and Africa Foreign Currency Exchange Services Market Size
11.2 Saudi Arabia Foreign Currency Exchange Services Market Size
11.3 UAE Foreign Currency Exchange Services Market Size
11.4 South Africa Foreign Currency Exchange Services Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Foreign Currency Exchange Services Market Analysis
12.1 South America Foreign Currency Exchange Services Market Size
12.2 Brazil Foreign Currency Exchange Services Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 Western Union Business Solutions
13.1.1 Western Union Business Solutions Basic Information
13.1.2 Western Union Business Solutions Product Profiles, Application and Specification
13.1.3 Western Union Business Solutions Foreign Currency Exchange Services Market Performance (2015-2020)
13.2 Moneycorp
13.2.1 Moneycorp Basic Information
13.2.2 Moneycorp Product Profiles, Application and Specification
13.2.3 Moneycorp Foreign Currency Exchange Services Market Performance (2015-2020)
13.3 Global Reach Group.
13.3.1 Global Reach Group. Basic Information
13.3.2 Global Reach Group. Product Profiles, Application and Specification
13.3.3 Global Reach Group. Foreign Currency Exchange Services Market Performance (2015-2020)
13.4 WorldFirst UK Ltd
13.4.1 WorldFirst UK Ltd Basic Information
13.4.2 WorldFirst UK Ltd Product Profiles, Application and Specification
13.4.3 WorldFirst UK Ltd Foreign Currency Exchange Services Market Performance (2015-2020)
13.5 OPT
13.5.1 OPT Basic Information
13.5.2 OPT Product Profiles, Application and Specification
13.5.3 OPT Foreign Currency Exchange Services Market Performance (2015-2020)
13.6 Currencies Direct Ltd
13.6.1 Currencies Direct Ltd Basic Information
13.6.2 Currencies Direct Ltd Product Profiles, Application and Specification
13.6.3 Currencies Direct Ltd Foreign Currency Exchange Services Market Performance (2015-2020)
13.7 Foreign Currency Direct
13.7.1 Foreign Currency Direct Basic Information
13.7.2 Foreign Currency Direct Product Profiles, Application and Specification
13.7.3 Foreign Currency Direct Foreign Currency Exchange Services Market Performance (2015-2020)
13.8 HiFX
13.8.1 HiFX Basic Information
13.8.2 HiFX Product Profiles, Application and Specification
13.8.3 HiFX Foreign Currency Exchange Services Market Performance (2015-2020)
13.9 AFEX
13.9.1 AFEX Basic Information
13.9.2 AFEX Product Profiles, Application and Specification
13.9.3 AFEX Foreign Currency Exchange Services Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Foreign Currency Exchange Services Market Forecast (2020-2025)
14.2 Europe Foreign Currency Exchange Services Market Forecast (2020-2025)
14.3 Asia-Pacific Foreign Currency Exchange Services Market Forecast (2020-2025)
14.4 Middle East and Africa Foreign Currency Exchange Services Market Forecast (2020-2025)
14.5 South America Foreign Currency Exchange Services Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Foreign Currency Exchange Services Market Forecast by Types (2020-2025)
15.1.1 Global Foreign Currency Exchange Services Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Foreign Currency Exchange Services Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Foreign Currency Exchange Services Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Foreign Currency Exchange Services Picture
Table Foreign Currency Exchange Services Key Market Segments
Figure Study and Forecasting Years
Figure Global Foreign Currency Exchange Services Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Foreign Currency Exchange Services Value ($) and Growth Rate (2015-2020)
Table Global Foreign Currency Exchange Services Value ($) by Countries (2015-2020)
Table Global Foreign Currency Exchange Services Value Market Share by Regions (2015-2020)
Figure Global Foreign Currency Exchange Services Value Market Share by Regions in 2019
Figure Global Foreign Currency Exchange Services Production and Growth Rate (2015-2020)
Table Global Foreign Currency Exchange Services Production by Major Countries (2015-2020)
Table Global Foreign Currency Exchange Services Production Market Share by Major Countries (2015-2020)
Figure Global Foreign Currency Exchange Services Production Market Share by Regions in 2019
Figure Global Foreign Currency Exchange Services Consumption and Growth Rate (2015-2020)
Table Global Foreign Currency Exchange Services Consumption by Regions (2015-2020)
Table Global Foreign Currency Exchange Services Consumption Market Share by Regions (2015-2020)
Figure Global Foreign Currency Exchange Services Consumption Market Share by Regions in 2019
Table Global Foreign Currency Exchange Services Export Top 3 Country 2019
Table Global Foreign Currency Exchange Services Import Top 3 Country 2019
Table United States Foreign Currency Exchange Services Export and Import (2015-2020)
Table Europe Foreign Currency Exchange Services Export and Import (2015-2020)
Table China Foreign Currency Exchange Services Export and Import (2015-2020)
Table Japan Foreign Currency Exchange Services Export and Import (2015-2020)
Table India Foreign Currency Exchange Services Export and Import (2015-2020)
Table Global Foreign Currency Exchange Services Production by Types (2015-2020)
Table Global Foreign Currency Exchange Services Production Market Share by Types (2015-2020)
Figure Global Foreign Currency Exchange Services Production Share by Type (2015-2020)
Table Global Foreign Currency Exchange Services Value by Types (2015-2020)
Table Global Foreign Currency Exchange Services Value Market Share by Types (2015-2020)
Figure Global Foreign Currency Exchange Services Value Share by Type (2015-2020)
Figure Global On-premise Production and Growth Rate (2015-2020)
Figure Global On-premise Price (2015-2020)
Figure Global Cloud-based Production and Growth Rate (2015-2020)
Figure Global Cloud-based Price (2015-2020)
Table Global Foreign Currency Exchange Services Consumption by Applications (2015-2020)
Table Global Foreign Currency Exchange Services Consumption Market Share by Applications (2015-2020)
Figure Global Foreign Currency Exchange Services Consumption Share by Application (2015-2020)
Figure Global PC Terminal Consumption and Growth Rate (2015-2020)
Figure Global Mobile Terminal Consumption and Growth Rate (2015-2020)
Figure North America Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Table North America Foreign Currency Exchange Services Consumption by Countries (2015-2020)
Table North America Foreign Currency Exchange Services Consumption Market Share by Countries (2015-2020)
Figure North America Foreign Currency Exchange Services Consumption Market Share by Countries (2015-2020)
Figure United States Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Figure Canada Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Figure Mexico Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Table Europe Foreign Currency Exchange Services Consumption by Countries (2015-2020)
Table Europe Foreign Currency Exchange Services Consumption Market Share by Countries (2015-2020)
Figure Europe Foreign Currency Exchange Services Consumption Market Share by Countries (2015-2020)
Figure Germany Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Figure France Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Figure Italy Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Figure Spain Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Foreign Currency Exchange Services Consumption by Countries (2015-2020)
Table Asia-Pacific Foreign Currency Exchange Services Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Foreign Currency Exchange Services Consumption Market Share by Countries (2015-2020)
Figure China Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Figure Japan Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Figure South Korea Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Figure India Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Foreign Currency Exchange Services Consumption by Countries (2015-2020)
Table Middle East and Africa Foreign Currency Exchange Services Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Foreign Currency Exchange Services Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Figure UAE Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Figure South Africa Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Figure South America Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Table South America Foreign Currency Exchange Services Consumption by Countries (2015-2020)
Table South America Foreign Currency Exchange Services Consumption Market Share by Countries (2015-2020)
Figure South America Foreign Currency Exchange Services Consumption Market Share by Countries (2015-2020)
Figure Brazil Foreign Currency Exchange Services Market Consumption and Growth Rate (2015-2020)
Table Western Union Business Solutions Company Profile
Table Western Union Business Solutions Production, Value, Price, Gross Margin 2015-2020
Figure Western Union Business Solutions Production and Growth Rate
Figure Western Union Business Solutions Value ($) Market Share 2015-2020
Table Moneycorp Company Profile
Table Moneycorp Production, Value, Price, Gross Margin 2015-2020
Figure Moneycorp Production and Growth Rate
Figure Moneycorp Value ($) Market Share 2015-2020
Table Global Reach Group. Company Profile
Table Global Reach Group. Production, Value, Price, Gross Margin 2015-2020
Figure Global Reach Group. Production and Growth Rate
Figure Global Reach Group. Value ($) Market Share 2015-2020
Table WorldFirst UK Ltd Company Profile
Table WorldFirst UK Ltd Production, Value, Price, Gross Margin 2015-2020
Figure WorldFirst UK Ltd Production and Growth Rate
Figure WorldFirst UK Ltd Value ($) Market Share 2015-2020
Table OPT Company Profile
Table OPT Production, Value, Price, Gross Margin 2015-2020
Figure OPT Production and Growth Rate
Figure OPT Value ($) Market Share 2015-2020
Table Currencies Direct Ltd Company Profile
Table Currencies Direct Ltd Production, Value, Price, Gross Margin 2015-2020
Figure Currencies Direct Ltd Production and Growth Rate
Figure Currencies Direct Ltd Value ($) Market Share 2015-2020
Table Foreign Currency Direct Company Profile
Table Foreign Currency Direct Production, Value, Price, Gross Margin 2015-2020
Figure Foreign Currency Direct Production and Growth Rate
Figure Foreign Currency Direct Value ($) Market Share 2015-2020
Table HiFX Company Profile
Table HiFX Production, Value, Price, Gross Margin 2015-2020
Figure HiFX Production and Growth Rate
Figure HiFX Value ($) Market Share 2015-2020
Table AFEX Company Profile
Table AFEX Production, Value, Price, Gross Margin 2015-2020
Figure AFEX Production and Growth Rate
Figure AFEX Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Foreign Currency Exchange Services Market Forecast Production by Types (2020-2025)
Table Global Foreign Currency Exchange Services Market Forecast Production Share by Types (2020-2025)
Table Global Foreign Currency Exchange Services Market Forecast Value ($) by Types (2020-2025)
Table Global Foreign Currency Exchange Services Market Forecast Value Share by Types (2020-2025)
Table Global Foreign Currency Exchange Services Market Forecast Consumption by Applications (2020-2025)
Table Global Foreign Currency Exchange Services Market Forecast Consumption Share by Applications (2020-2025)
Research Methodology:
Foreign Currency Exchange Services Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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