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
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Executive Dashboard
- Strategic Imperatives
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Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global Electronic Funds Transfer Market - Segment Analysis
- Overview
- Global Electronic Funds Transfer Market, 2016 - 2028 (USD Million)
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Global Electronic Funds Transfer Market - by Type
- By Inter-Bank Transaction
- By Customer Transaction
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Global Electronic Funds Transfer Market - by End User
- By Individual
- By Enterprises
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Global Electronic Funds Transfer Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Electronic Funds Transfer Market - Segment Analysis
- Overview
- North America Electronic Funds Transfer Market, 2016 - 2028 (USD Million)
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North America Electronic Funds Transfer Market, by Type
- By Inter-Bank Transaction
- By Customer Transaction
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North America Electronic Funds Transfer Market, by End User
- By Individual
- By Enterprises
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North America Electronic Funds Transfer Market, by Country
- U.S.
- U.S. Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- U.S. Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- U.S. Electronic Funds Transfer Market, By Type
- Canada
- Canada Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- Canada Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- Canada Electronic Funds Transfer Market, By Type
- Mexico
- Mexico Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- Mexico Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- Mexico Electronic Funds Transfer Market, By Type
- U.S.
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Europe Electronic Funds Transfer Market - Segment Analysis
- Overview
- Europe Electronic Funds Transfer Market, 2016 - 2028 (USD Million)
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Europe Electronic Funds Transfer Market, by Type
- By Inter-Bank Transaction
- By Customer Transaction
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Europe Electronic Funds Transfer Market, by End User
- By Individual
- By Enterprises
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Europe Electronic Funds Transfer Market, by Country
- Germany
- Germany Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- Germany Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- Germany Electronic Funds Transfer Market, By Type
- UK
- UK Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- UK Market, By End User
- By Individual
- By Enterprises
- UK Market, By Type
- France
- France Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- France Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- France Electronic Funds Transfer Market, By Type
- Spain
- Spain Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- Spain Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- Spain Electronic Funds Transfer Market, By Type
- Italy
- Italy Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- Italy Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- Italy Electronic Funds Transfer Market, By Type
- BENELUX
- BENELUX Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- BENELUX Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- BENELUX Electronic Funds Transfer Market, By Type
- Rest of Europe
- Rest Of Europe Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- Rest Of Europe Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- Rest Of Europe Electronic Funds Transfer Market, By Type
- Germany
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Asia Pacific Electronic Funds Transfer Market - Segment Analysis
- Overview
- Asia Pacific Electronic Funds Transfer Market, 2016 - 2028 (USD Million)
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Asia Pacific Electronic Funds Transfer Market, by Type
- By Inter-Bank Transaction
- By Customer Transaction
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Asia Pacific Electronic Funds Transfer Market, by End User
- By Individual
- By Enterprises
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Asia Pacific Electronic Funds Transfer Market, by Country
- China
- China Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- China Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- China Electronic Funds Transfer Market, By Type
- Japan
- Japan Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- Japan Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- Japan Electronic Funds Transfer Market, By Type
- India
- India Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- India Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- India Electronic Funds Transfer Market, By Type
- South Korea
- South Korea Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- South Korea Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- South Korea Electronic Funds Transfer Market, By Type
- South East Asia
- South East Asia Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- South East Asia Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- South East Asia Electronic Funds Transfer Market, By Type
- Rest of Asia Pacific
- Rest of Asia Pacific Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- Rest of Asia Pacific Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- Rest of Asia Pacific Electronic Funds Transfer Market, By Type
- China
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Latin America Electronic Funds Transfer Market - Segment Analysis
- Overview
- Latin America Electronic Funds Transfer Market, 2016 - 2028 (USD Million)
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Latin America Electronic Funds Transfer Market, by Type
- By Inter-Bank Transaction
- By Customer Transaction
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Latin America Electronic Funds Transfer Market, by End User
- By Individual
- By Enterprises
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Latin America Electronic Funds Transfer Market, by Country
- Brazil
- Brazil Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- Brazil Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- Brazil Electronic Funds Transfer Market, By Type
- Argentina
- Argentina Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- Argentina Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- Argentina Electronic Funds Transfer Market, By Type
- Rest of Latin America
- Rest of Latin America Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- Rest of Latin America Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- Rest of Latin America Electronic Funds Transfer Market, By Type
- Brazil
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Middle East & Africa Electronic Funds Transfer Market - Segment Analysis
- Overview
- Middle East & Africa Electronic Funds Transfer Market, 2016 - 2028 (USD Million)
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Middle East & Africa Electronic Funds Transfer Market, by Type
- By Inter-Bank Transaction
- By Customer Transaction
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Middle East & Africa Electronic Funds Transfer Market, by End User
- By Individual
- By Enterprises
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Middle East & Africa Electronic Funds Transfer Market, by Country
- GCC Countries
- GCC Countries Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- GCC Countries Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- GCC Countries Electronic Funds Transfer Market, By Type
- South Africa
- South Africa Electronic Funds Transfer Market, By Type
- By Inter-Bank Transaction
- By Customer Transaction
- South Africa Electronic Funds Transfer Market, By End User
- By Individual
- By 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
- By Inter-Bank Transaction
- By Customer Transaction
- Rest of Middle East & Africa Electronic Funds Transfer Market, By End User
- By Individual
- By Enterprises
- Rest of Middle East & Africa Electronic Funds Transfer Market, By Type
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
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Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- 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
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for Electronic Funds Transfer in terms of revenue?
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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?
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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?
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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.
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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?
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North America was the leading regional segment of the Electronic Funds Transfer in 2022.