: TechNavio's analysts forecast the International Remittance market to grow at a CAGR of 6.73 percent over the period 2012-2016. Increased international migration is one of the key factors contributing to the market growth. The International Remittance market has also been witnessing increasing number of market players entering the market. However, the increasing incidences of fraud could pose a challenge to the growth of this market. The International Remittance Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the International Remittance market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this space include Western Union Co., MoneyGram International Inc., Safaricom, and Xoom Corp. The other vendors mentioned in this report are Al Rajhi Bank, Australia and New Zealand Banking Group Ltd., Digicel Mobile Money, East West Bank, HSBC, iRemit, MoneyGram, and Westpac Bank Corp. About Author Bio: I am working with a market research company which provides market research reports , custom research, company profiles, industry analysis, country reports , business reports, online databases and the International Remittance Market 2012-2016 etc. Through our industry analysis you can identify opportunities, analyze the requirements of the customers and study the competition sector wise
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