Published by IMARC Services Private Limited
Posted on September 6, 2021
According to IMARC Group’s latest report, titled “Foreign Exchange Market Report: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026. the global foreign exchange market is expected to grow at a CAGR of 7.5% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Foreign exchange (FX), or forex, stands for a system that facilitates the transaction of currencies from different countries. It is primarily performed through credit instruments, including bills of foreign currency, bank drafts, telephonic transfers, etc. The fund transfer functions through an electronic network of banks, brokers, financial institutions, and individual traders. Forex also finds extensive applications for transferring funds to support the exchange of various goods and services between nations.
Request Free Sample Report: https://www.imarcgroup.com/foreign-exchange-market/requestsample
Market Trends
The rising penetration of digitalization trends in the BFSI sector, along with the increasing number of international tourism activities, is driving the market for foreign exchange. Additionally, the growing awareness towards numerous benefits of foreign exchange pertaining to minimal trading costs, 24×7 trading opportunities, high transactional transparency, and liquidity, etc., is further augmenting the market growth. Besides this, the wide availability of electronic platforms and the provision of improved security mechanisms for trading are also propelling the global market. In the coming years, several technological advancements in foreign exchange solutions providing advanced outright forward and currency options will continue to drive the market growth in the coming years.
List of Key Companies Covered in this Market Report:
The report has segmented the market on the basis of counterparty, instruments and geography.
Breakup by Counterparty:
Breakup by Instruments:
Breakup by Geography:
Ask Analyst for Customization and Download full Report with TOC & List of Figure: https://www.imarcgroup.com/foreign-exchange-market
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: [email protected]
Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
According to IMARC Group’s latest report, titled “Foreign Exchange Market Report: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026. the global foreign exchange market is expected to grow at a CAGR of 7.5% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Foreign exchange (FX), or forex, stands for a system that facilitates the transaction of currencies from different countries. It is primarily performed through credit instruments, including bills of foreign currency, bank drafts, telephonic transfers, etc. The fund transfer functions through an electronic network of banks, brokers, financial institutions, and individual traders. Forex also finds extensive applications for transferring funds to support the exchange of various goods and services between nations.
Request Free Sample Report: https://www.imarcgroup.com/foreign-exchange-market/requestsample
Market Trends
The rising penetration of digitalization trends in the BFSI sector, along with the increasing number of international tourism activities, is driving the market for foreign exchange. Additionally, the growing awareness towards numerous benefits of foreign exchange pertaining to minimal trading costs, 24×7 trading opportunities, high transactional transparency, and liquidity, etc., is further augmenting the market growth. Besides this, the wide availability of electronic platforms and the provision of improved security mechanisms for trading are also propelling the global market. In the coming years, several technological advancements in foreign exchange solutions providing advanced outright forward and currency options will continue to drive the market growth in the coming years.
List of Key Companies Covered in this Market Report:
The report has segmented the market on the basis of counterparty, instruments and geography.
Breakup by Counterparty:
Breakup by Instruments:
Breakup by Geography:
Ask Analyst for Customization and Download full Report with TOC & List of Figure: https://www.imarcgroup.com/foreign-exchange-market
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Related Report by IMARC Group:
Consumer Credit Market Report: https://www.imarcgroup.com/consumer-credit-market
Crowdfunding Market Report: https://www.imarcgroup.com/crowdfunding-market
Sukuk Market Report: https://www.imarcgroup.com/sukuk-market
Factoring Market Report: https://www.imarcgroup.com/factoring-market
E-Invoicing Market Report: https://www.imarcgroup.com/e-invoicing-market
BPO Business Analytics Market Report: https://www.imarcgroup.com/bpo-business-analytics-market
Business Analytics Market Report: https://www.imarcgroup.com/business-analytics-market
E-Commerce Market Report: https://www.imarcgroup.com/e-commerce-market
Messaging Security Market Report: https://www.imarcgroup.com/messaging-security-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: [email protected]
Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
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