Electronic Funds Transfer Market
Electronic Funds Transfer Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Inter-Bank Transaction, Customer Transaction
- By End User Individual, Enterprises
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 66.31 Billion |
Revenue 2030: | USD 129.24 Billion |
Revenue CAGR (2023 - 2030): | 8.70% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Electronic Funds Transfer Market Segment Analysis
- Electronic Funds Transfer Type Outlook (Revenue, USD Million, 2018 - 2030)
- Inter-Bank Transaction
- Customer Transaction
- Electronic Funds Transfer End User Outlook (Revenue, USD Million, 2018 - 2030)
- Individual
- Enterprises
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
-
North America Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- U.S.
- U.S. Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- U.S. Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- U.S. Electronic Funds Transfer Market, by Type
- Canada
- Canada Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- Canada Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- Canada Electronic Funds Transfer Market, by Type
-
Mexico
- Mexico Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- Mexico Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- Mexico Electronic Funds Transfer Market, by Type
-
North America Electronic Funds Transfer Market, by Type
- Europe
-
Europe Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
-
Europe Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- U. K.
- U.K. Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- U.K. Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- U.K. Electronic Funds Transfer Market, by Type
- France
- France Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- France Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- France Electronic Funds Transfer Market, by Type
-
Germany
- Germany Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- Germany Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- Germany Electronic Funds Transfer Market, by Type
-
Italy
- Italy Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- Italy Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- Italy Electronic Funds Transfer Market, by Type
-
Spain
- Spain Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- Spain Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- Spain Electronic Funds Transfer Market, by Type
-
Rest of Europe
- Rest of Europe Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- Rest of Europe Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- Rest of Europe Electronic Funds Transfer Market, by Type
-
Europe Electronic Funds Transfer Market, by Type
- Asia Pacific
-
Asia Pacific Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
-
Asia Pacific Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- China
- China Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- China Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- China Electronic Funds Transfer Market, by Type
- Japan
- Japan Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- Japan Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- Japan Electronic Funds Transfer Market, by Type
-
Germany
- Germany Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- Germany Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- Germany Electronic Funds Transfer Market, by Type
-
India
- India Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- India Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- India Electronic Funds Transfer Market, by Type
-
South Korea
- South Korea Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- South Korea Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- South Korea Electronic Funds Transfer Market, by Type
-
South East Asia
- South East Asia Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- South East Asia Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- South East Asia Electronic Funds Transfer Market, by Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- Rest of Asia Pacific Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- Rest of Asia Pacific Electronic Funds Transfer Market, by Type
-
Asia Pacific Electronic Funds Transfer Market, by Type
- Latin America
-
Latin America Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
-
Latin America Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- Brazil
- Brazil Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- Brazil Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- Brazil Electronic Funds Transfer Market, by Type
- Argentina
- Argentina Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- Argentina Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- Argentina Electronic Funds Transfer Market, by Type
-
Rest of Latin America
- Rest of Latin America Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- Rest of Latin America Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- Rest of Latin America Electronic Funds Transfer Market, by Type
-
Latin America Electronic Funds Transfer Market, by Type
- Middle East & Africa
-
Middle East & Africa Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
-
Middle East & Africa Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- GCC Countries
- GCC Countries Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- GCC Countries Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- GCC Countries Electronic Funds Transfer Market, by Type
- South Africa
- South Africa Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- South Africa Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- South Africa Electronic Funds Transfer Market, by Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Electronic Funds Transfer Market, by Type
- Inter-Bank Transaction
- Customer Transaction
- Rest of Middle East & Africa Electronic Funds Transfer Market, by End User
- Individual
- Enterprises
- Rest of Middle East & Africa Electronic Funds Transfer Market, by Type
-
Middle East & Africa Electronic Funds Transfer Market, by Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Electronic Funds Transfer in terms of revenue?
-
The global Electronic Funds Transfer valued at USD 66.31 Billion in 2022 and is expected to reach USD 129.24 Billion in 2030 growing at a CAGR of 8.70%.
Which are the prominent players in the market?
-
The prominent players in the market are Royal Bank of Canada, Charles Schwab & Co., Citigroup Inc., UBS, Morgan Stanley, Bank of America Corporation, JPMorgan Chase & Co., Goldman Sachs, Julius Baer Group, Credit Suisse Group.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8.70% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Electronic Funds Transfer include
- Increasing use of smart devices along with surge in affordable internet facilities
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Electronic Funds Transfer in 2022.