Foreign Exchange Market Growth, Demand and Challenges of the Key Industry Players 2028

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Global Foreign Exchange Market Research and
Forecast Report 2023-2028




Author Elena Anderson Marketing Manager IMARC
Group
2022 IMARC All Rights Reserved
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
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About IMARC Group
Report Description
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Consulting Group is a leading adviser on
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Report Description and Highlights
Report Description
Global Foreign Exchange Market Research Report
2023-2028 According to the latest report by
IMARC Group, titled "Foreign Exchange Market
Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2023-2028," the global
foreign exchange market size reached US 753.2
Billion in 2022. Foreign exchange (forex) refers
to the systematic process of converting the
currency of a nation into another. It also
supports the exchange of various goods and
services between multiple countries by utilizing
credit instruments such as bills of foreign
currency, bank drafts and telephonic transfers.
The forex market consists of an electronic
network of banks, brokers, institutions and
individual traders. Over the years, the foreign
exchange market has gained prominence as it
facilitates the flow of money derived from
international trade. Request for a PDF sample of
this report https//www.imarcgroup.com/foreign-ex
change-market/requestsample

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Report Description and Highlights
Report Description
Global Foreign Exchange Market Trends The
global foreign exchange market is primarily
driven by the confluence of various factors,
including rapid urbanization, changing lifestyle
patterns and inflating income levels of
individuals. Additionally, a significant rise in
global tourism has positively influenced the
demand for foreign exchange. This is further
supported by the numerous benefits of forex,
including high liquidity and transactional
transparency, minimal trading costs, 24x7 trading
opportunities, and vast trading volume. The forex
market also attracts international traders by
offering various lucrative opportunities and
early profits. Moreover, rapid digitization and
technological advancements are expected to
contribute to market growth. For instance, the
advent of multiple internet-based platforms
offers convenience during currency exchanges and
ensures the delivery of goods and services in a
secure and centralized setting. Furthermore,
several companies are investing in developing the
overall infrastructure to provide improved
security solutions for trading, thereby providing
traction to the market growth. Looking forward,
the market value is anticipated to reach US
1,143.2 Billion by 2028, expanding at a CAGR of
7 during 2023-2028. View Report TOC, Figures
and Tables https//www.imarcgroup.com/foreign-exc
hange-market

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Report Description and Highlights
Report Description

• Key Market Segmentation
• The research report includes the following
  segments
• Breakup by Counterparty
• Reporting Dealers
• Other Financial Institutions
• Non-financial Customers
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• Breakup by Type
• Currency Swap
• Outright Forward and FX Swaps
• FX Options
• Breakup by Region
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

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Report Description and Highlights
Report Description

•  
• Competitive Landscape with Key Players
• Barclays
• BNP Paribas
• Citibank
• Deutsche Bank
• Goldman Sachs
• HSBC Holdings plc
• JPMorgan Chase Co
• The Royal Bank of Scotland
• UBS AG
• Standard Chartered PLC
• State Street Corporation
• XTX Markets Limited
•  

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Key Questions Answered in the Report
Report Description

• What was the size of the global foreign exchange
  market in 2022?
• What is the expected growth rate of the global
  foreign exchange market during 2023-2028?
• What are the key factors driving the global
  foreign exchange market?
• What has been the impact of COVID-19 on the
  global foreign exchange market?
• What is the breakup of the global foreign
  exchange market based on the counterparty?
• What is the breakup of the global foreign
  exchange market based on the type?
• What are the key regions in the global foreign
  exchange market?
• Who are the key players/companies in the global
  foreign exchange market?
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Table of Contents
Report Description
1    Preface2    Scope and Methodology    2.1
   Objectives of the Study    2.2  
 Stakeholders    2.3    Data Sources       
2.3.1    Primary Sources        2.3.2  
 Secondary Sources    2.4    Market Estimation 
      2.4.1    Bottom-Up Approach        2.4.2  
 Top-Down Approach    2.5    Forecasting
Methodology3    Executive Summary4  
 Introduction    4.1    Overview    4.2    Key
Industry Trends5    Global Foreign Exchange
Market    5.1    Market Overview    5.2  
 Market Performance    5.3    Impact of
COVID-19    5.4    Market Forecast

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Table of Contents
Report Description
6    Market Breakup by Counterparty    6.1  
 Reporting Dealers        6.1.1 Market Trends 
      6.1.2 Market Forecast    6.2    Other
Financial Institutions        6.2.1 Market
Trends        6.2.2 Market Forecast    6.3  
 Non-financial Customers        6.3.1 Market
Trends        6.3.2 Market Forecast7    Market
Breakup by Type    7.1    Currency Swap       
7.1.1 Market Trends        7.1.2 Market
Forecast    7.2    Outright Forward and FX
Swaps        7.2.1 Market Trends        7.2.2
Market Forecast           Click here to visit
the complete table of content with list of
figures and tables https//www.imarcgroup.com/for
eign-exchange-market/toc

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2022 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
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