Click for best price
Foreign Exchange Services Market Size, Share 2023
Forex services or foreign exchange services offer exchange of a foreign currency into regional or global currencies. Forex services also include transfer of currency to another currency through digital platforms. It also allows travelers to transfer small amount of money. In addition, it also allows multi-million dollar transfers handled by states, companies, and financial institutions.
This report aims to provide a comprehensive presentation of the global market for Foreign Exchange Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Foreign Exchange Services. This report contains market size and forecasts of Foreign Exchange Services in global, including the following market information:
Global Foreign Exchange Services Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Foreign Exchange Services market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Professionally Managed Accounts Service Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Foreign Exchange Services include American Express Company, Western Union Holdings, Inc, Capital One Financial Corporation, Bank of America Corporation, Citibank, Wells Fargo, JPMorgan Chase & Co., State Bank of India and Scotiabank, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Foreign Exchange Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Foreign Exchange Services Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Foreign Exchange Services Market Segment Percentages, by Type, 2022 (%)
Professionally Managed Accounts Service
Currency Exchange & Remittance Service
Trading Programs & Advisory Service
Others
Global Foreign Exchange Services Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Foreign Exchange Services Market Segment Percentages, by Application, 2022 (%)
Individuals
Retailers
Corporate Institutes
Government
Others
Global Foreign Exchange Services Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Foreign Exchange Services Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Foreign Exchange Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Foreign Exchange Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
American Express Company
Western Union Holdings, Inc
Capital One Financial Corporation
Bank of America Corporation
Citibank
Wells Fargo
JPMorgan Chase & Co.
State Bank of India
Scotiabank
GAIN Capital
Outline of Major Chapters:
Chapter 1: Introduces the definition of Foreign Exchange Services, market overview.
Chapter 2: Global Foreign Exchange Services market size in revenue.
Chapter 3: Detailed analysis of Foreign Exchange Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Foreign Exchange Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
| Report Attributes |
Report Details |
| Report Title |
Foreign Exchange Services Market, Global Outlook and Forecast 2023-2030 |
| Historical Year |
2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year |
2022 |
| Forecast Year |
2030 |
| Number of Pages |
60 Pages |
| Customization Available |
Yes, the report can be customized as per your need. |
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Foreign Exchange Services Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Foreign Exchange Services Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Foreign Exchange Services Overall Market Size
2.1 Global Foreign Exchange Services Market Size: 2022 VS 2030
2.2 Global Foreign Exchange Services Market Size, Prospects & Forecasts: 2018-2030
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Foreign Exchange Services Players in Global Market
3.2 Top Global Foreign Exchange Services Companies Ranked by Revenue
3.3 Global Foreign Exchange Services Revenue by Companies
3.4 Top 3 and Top 5 Foreign Exchange Services Companies in Global Market, by Revenue in 2022
3.5 Global Companies Foreign Exchange Services Product Type
3.6 Tier 1, Tier 2 and Tier 3 Foreign Exchange Services Players in Global Market
3.6.1 List of Global Tier 1 Foreign Exchange Services Companies
3.6.2 List of Global Tier 2 and Tier 3 Foreign Exchange Services Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Foreign Exchange Services Market Size Markets, 2022 & 2030
4.1.2 Professionally Managed Accounts Service
4.1.3 Currency Exchange & Remittance Service
4.1.4 Trading Programs & Advisory Service
4.1.5 Others
4.2 By Type - Global Foreign Exchange Services Revenue & Forecasts
4.2.1 By Type - Global Foreign Exchange Services Revenue, 2018-2023
4.2.2 By Type - Global Foreign Exchange Services Revenue, 2024-2030
4.2.3 By Type - Global Foreign Exchange Services Revenue Market Share, 2018-2030
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Foreign Exchange Services Market Size, 2022 & 2030
5.1.2 Individuals
5.1.3 Retailers
5.1.4 Corporate Institutes
5.1.5 Government
5.1.6 Others
5.2 By Application - Global Foreign Exchange Services Revenue & Forecasts
5.2.1 By Application - Global Foreign Exchange Services Revenue, 2018-2023
5.2.2 By Application - Global Foreign Exchange Services Revenue, 2024-2030
5.2.3 By Application - Global Foreign Exchange Services Revenue Market Share, 2018-2030
6 Sights by Region
6.1 By Region - Global Foreign Exchange Services Market Size, 2022 & 2030
6.2 By Region - Global Foreign Exchange Services Revenue & Forecasts
6.2.1 By Region - Global Foreign Exchange Services Revenue, 2018-2023
6.2.2 By Region - Global Foreign Exchange Services Revenue, 2024-2030
6.2.3 By Region - Global Foreign Exchange Services Revenue Market Share, 2018-2030
6.3 North America
6.3.1 By Country - North America Foreign Exchange Services Revenue, 2018-2030
6.3.2 US Foreign Exchange Services Market Size, 2018-2030
6.3.3 Canada Foreign Exchange Services Market Size, 2018-2030
6.3.4 Mexico Foreign Exchange Services Market Size, 2018-2030
6.4 Europe
6.4.1 By Country - Europe Foreign Exchange Services Revenue, 2018-2030
6.4.2 Germany Foreign Exchange Services Market Size, 2018-2030
6.4.3 France Foreign Exchange Services Market Size, 2018-2030
6.4.4 U.K. Foreign Exchange Services Market Size, 2018-2030
6.4.5 Italy Foreign Exchange Services Market Size, 2018-2030
6.4.6 Russia Foreign Exchange Services Market Size, 2018-2030
6.4.7 Nordic Countries Foreign Exchange Services Market Size, 2018-2030
6.4.8 Benelux Foreign Exchange Services Market Size, 2018-2030
6.5 Asia
6.5.1 By Region - Asia Foreign Exchange Services Revenue, 2018-2030
6.5.2 China Foreign Exchange Services Market Size, 2018-2030
6.5.3 Japan Foreign Exchange Services Market Size, 2018-2030
6.5.4 South Korea Foreign Exchange Services Market Size, 2018-2030
6.5.5 Southeast Asia Foreign Exchange Services Market Size, 2018-2030
6.5.6 India Foreign Exchange Services Market Size, 2018-2030
6.6 South America
6.6.1 By Country - South America Foreign Exchange Services Revenue, 2018-2030
6.6.2 Brazil Foreign Exchange Services Market Size, 2018-2030
6.6.3 Argentina Foreign Exchange Services Market Size, 2018-2030
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Foreign Exchange Services Revenue, 2018-2030
6.7.2 Turkey Foreign Exchange Services Market Size, 2018-2030
6.7.3 Israel Foreign Exchange Services Market Size, 2018-2030
6.7.4 Saudi Arabia Foreign Exchange Services Market Size, 2018-2030
6.7.5 UAE Foreign Exchange Services Market Size, 2018-2030
7 Foreign Exchange Services Companies Profiles
7.1 American Express Company
7.1.1 American Express Company Company Summary
7.1.2 American Express Company Business Overview
7.1.3 American Express Company Foreign Exchange Services Major Product Offerings
7.1.4 American Express Company Foreign Exchange Services Revenue in Global Market (2018-2023)
7.1.5 American Express Company Key News & Latest Developments
7.2 Western Union Holdings, Inc
7.2.1 Western Union Holdings, Inc Company Summary
7.2.2 Western Union Holdings, Inc Business Overview
7.2.3 Western Union Holdings, Inc Foreign Exchange Services Major Product Offerings
7.2.4 Western Union Holdings, Inc Foreign Exchange Services Revenue in Global Market (2018-2023)
7.2.5 Western Union Holdings, Inc Key News & Latest Developments
7.3 Capital One Financial Corporation
7.3.1 Capital One Financial Corporation Company Summary
7.3.2 Capital One Financial Corporation Business Overview
7.3.3 Capital One Financial Corporation Foreign Exchange Services Major Product Offerings
7.3.4 Capital One Financial Corporation Foreign Exchange Services Revenue in Global Market (2018-2023)
7.3.5 Capital One Financial Corporation Key News & Latest Developments
7.4 Bank of America Corporation
7.4.1 Bank of America Corporation Company Summary
7.4.2 Bank of America Corporation Business Overview
7.4.3 Bank of America Corporation Foreign Exchange Services Major Product Offerings
7.4.4 Bank of America Corporation Foreign Exchange Services Revenue in Global Market (2018-2023)
7.4.5 Bank of America Corporation Key News & Latest Developments
7.5 Citibank
7.5.1 Citibank Company Summary
7.5.2 Citibank Business Overview
7.5.3 Citibank Foreign Exchange Services Major Product Offerings
7.5.4 Citibank Foreign Exchange Services Revenue in Global Market (2018-2023)
7.5.5 Citibank Key News & Latest Developments
7.6 Wells Fargo
7.6.1 Wells Fargo Company Summary
7.6.2 Wells Fargo Business Overview
7.6.3 Wells Fargo Foreign Exchange Services Major Product Offerings
7.6.4 Wells Fargo Foreign Exchange Services Revenue in Global Market (2018-2023)
7.6.5 Wells Fargo Key News & Latest Developments
7.7 JPMorgan Chase & Co.
7.7.1 JPMorgan Chase & Co. Company Summary
7.7.2 JPMorgan Chase & Co. Business Overview
7.7.3 JPMorgan Chase & Co. Foreign Exchange Services Major Product Offerings
7.7.4 JPMorgan Chase & Co. Foreign Exchange Services Revenue in Global Market (2018-2023)
7.7.5 JPMorgan Chase & Co. Key News & Latest Developments
7.8 State Bank of India
7.8.1 State Bank of India Company Summary
7.8.2 State Bank of India Business Overview
7.8.3 State Bank of India Foreign Exchange Services Major Product Offerings
7.8.4 State Bank of India Foreign Exchange Services Revenue in Global Market (2018-2023)
7.8.5 State Bank of India Key News & Latest Developments
7.9 Scotiabank
7.9.1 Scotiabank Company Summary
7.9.2 Scotiabank Business Overview
7.9.3 Scotiabank Foreign Exchange Services Major Product Offerings
7.9.4 Scotiabank Foreign Exchange Services Revenue in Global Market (2018-2023)
7.9.5 Scotiabank Key News & Latest Developments
7.10 GAIN Capital
7.10.1 GAIN Capital Company Summary
7.10.2 GAIN Capital Business Overview
7.10.3 GAIN Capital Foreign Exchange Services Major Product Offerings
7.10.4 GAIN Capital Foreign Exchange Services Revenue in Global Market (2018-2023)
7.10.5 GAIN Capital Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Foreign Exchange Services Market Opportunities & Trends in Global Market
Table 2. Foreign Exchange Services Market Drivers in Global Market
Table 3. Foreign Exchange Services Market Restraints in Global Market
Table 4. Key Players of Foreign Exchange Services in Global Market
Table 5. Top Foreign Exchange Services Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Foreign Exchange Services Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Foreign Exchange Services Revenue Share by Companies, 2018-2023
Table 8. Global Companies Foreign Exchange Services Product Type
Table 9. List of Global Tier 1 Foreign Exchange Services Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Foreign Exchange Services Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Foreign Exchange Services Revenue, (US$, Mn), 2022 & 2030
Table 12. By Type - Foreign Exchange Services Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Foreign Exchange Services Revenue in Global (US$, Mn), 2024-2030
Table 14. By Application ? Global Foreign Exchange Services Revenue, (US$, Mn), 2022 & 2030
Table 15. By Application - Foreign Exchange Services Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Foreign Exchange Services Revenue in Global (US$, Mn), 2024-2030
Table 17. By Region ? Global Foreign Exchange Services Revenue, (US$, Mn), 2022 & 2030
Table 18. By Region - Global Foreign Exchange Services Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Foreign Exchange Services Revenue (US$, Mn), 2024-2030
Table 20. By Country - North America Foreign Exchange Services Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Foreign Exchange Services Revenue, (US$, Mn), 2024-2030
Table 22. By Country - Europe Foreign Exchange Services Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Foreign Exchange Services Revenue, (US$, Mn), 2024-2030
Table 24. By Region - Asia Foreign Exchange Services Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Foreign Exchange Services Revenue, (US$, Mn), 2024-2030
Table 26. By Country - South America Foreign Exchange Services Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Foreign Exchange Services Revenue, (US$, Mn), 2024-2030
Table 28. By Country - Middle East & Africa Foreign Exchange Services Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Foreign Exchange Services Revenue, (US$, Mn), 2024-2030
Table 30. American Express Company Company Summary
Table 31. American Express Company Foreign Exchange Services Product Offerings
Table 32. American Express Company Foreign Exchange Services Revenue (US$, Mn) & (2018-2023)
Table 33. American Express Company Key News & Latest Developments
Table 34. Western Union Holdings, Inc Company Summary
Table 35. Western Union Holdings, Inc Foreign Exchange Services Product Offerings
Table 36. Western Union Holdings, Inc Foreign Exchange Services Revenue (US$, Mn) & (2018-2023)
Table 37. Western Union Holdings, Inc Key News & Latest Developments
Table 38. Capital One Financial Corporation Company Summary
Table 39. Capital One Financial Corporation Foreign Exchange Services Product Offerings
Table 40. Capital One Financial Corporation Foreign Exchange Services Revenue (US$, Mn) & (2018-2023)
Table 41. Capital One Financial Corporation Key News & Latest Developments
Table 42. Bank of America Corporation Company Summary
Table 43. Bank of America Corporation Foreign Exchange Services Product Offerings
Table 44. Bank of America Corporation Foreign Exchange Services Revenue (US$, Mn) & (2018-2023)
Table 45. Bank of America Corporation Key News & Latest Developments
Table 46. Citibank Company Summary
Table 47. Citibank Foreign Exchange Services Product Offerings
Table 48. Citibank Foreign Exchange Services Revenue (US$, Mn) & (2018-2023)
Table 49. Citibank Key News & Latest Developments
Table 50. Wells Fargo Company Summary
Table 51. Wells Fargo Foreign Exchange Services Product Offerings
Table 52. Wells Fargo Foreign Exchange Services Revenue (US$, Mn) & (2018-2023)
Table 53. Wells Fargo Key News & Latest Developments
Table 54. JPMorgan Chase & Co. Company Summary
Table 55. JPMorgan Chase & Co. Foreign Exchange Services Product Offerings
Table 56. JPMorgan Chase & Co. Foreign Exchange Services Revenue (US$, Mn) & (2018-2023)
Table 57. JPMorgan Chase & Co. Key News & Latest Developments
Table 58. State Bank of India Company Summary
Table 59. State Bank of India Foreign Exchange Services Product Offerings
Table 60. State Bank of India Foreign Exchange Services Revenue (US$, Mn) & (2018-2023)
Table 61. State Bank of India Key News & Latest Developments
Table 62. Scotiabank Company Summary
Table 63. Scotiabank Foreign Exchange Services Product Offerings
Table 64. Scotiabank Foreign Exchange Services Revenue (US$, Mn) & (2018-2023)
Table 65. Scotiabank Key News & Latest Developments
Table 66. GAIN Capital Company Summary
Table 67. GAIN Capital Foreign Exchange Services Product Offerings
Table 68. GAIN Capital Foreign Exchange Services Revenue (US$, Mn) & (2018-2023)
Table 69. GAIN Capital Key News & Latest Developments
List of Figures
Figure 1. Foreign Exchange Services Segment by Type in 2022
Figure 2. Foreign Exchange Services Segment by Application in 2022
Figure 3. Global Foreign Exchange Services Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Foreign Exchange Services Market Size: 2022 VS 2030 (US$, Mn)
Figure 6. Global Foreign Exchange Services Revenue, 2018-2030 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Foreign Exchange Services Revenue in 2022
Figure 8. By Type - Global Foreign Exchange Services Revenue Market Share, 2018-2030
Figure 9. By Application - Global Foreign Exchange Services Revenue Market Share, 2018-2030
Figure 10. By Type - Global Foreign Exchange Services Revenue, (US$, Mn), 2022 & 2030
Figure 11. By Type - Global Foreign Exchange Services Revenue Market Share, 2018-2030
Figure 12. By Application - Global Foreign Exchange Services Revenue, (US$, Mn), 2022 & 2030
Figure 13. By Application - Global Foreign Exchange Services Revenue Market Share, 2018-2030
Figure 14. By Region - Global Foreign Exchange Services Revenue Market Share, 2018-2030
Figure 15. By Country - North America Foreign Exchange Services Revenue Market Share, 2018-2030
Figure 16. US Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 17. Canada Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 18. Mexico Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 19. By Country - Europe Foreign Exchange Services Revenue Market Share, 2018-2030
Figure 20. Germany Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 21. France Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 22. U.K. Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 23. Italy Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 24. Russia Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 25. Nordic Countries Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 26. Benelux Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 27. By Region - Asia Foreign Exchange Services Revenue Market Share, 2018-2030
Figure 28. China Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 29. Japan Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 30. South Korea Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 31. Southeast Asia Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 32. India Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 33. By Country - South America Foreign Exchange Services Revenue Market Share, 2018-2030
Figure 34. Brazil Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 35. Argentina Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 36. By Country - Middle East & Africa Foreign Exchange Services Revenue Market Share, 2018-2030
Figure 37. Turkey Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 38. Israel Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 39. Saudi Arabia Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 40. UAE Foreign Exchange Services Revenue, (US$, Mn), 2018-2030
Figure 41. American Express Company Foreign Exchange Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Western Union Holdings, Inc Foreign Exchange Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Capital One Financial Corporation Foreign Exchange Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Bank of America Corporation Foreign Exchange Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Citibank Foreign Exchange Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Wells Fargo Foreign Exchange Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. JPMorgan Chase & Co. Foreign Exchange Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. State Bank of India Foreign Exchange Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Scotiabank Foreign Exchange Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. GAIN Capital Foreign Exchange Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
