Foreign Exchange Global Market Report 2023

Description

“Foreign Exchange Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on foreign exchange market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for foreign exchange? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The foreign exchange market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Counterparty: Reporting Dealers; Other Financial Institutions; Non-Financial Customers

2) By Trade Finance Instruments: Currency Swaps; FX Options

3) By End User: Individuals; Retailers; Corporate Institutes; Government; Other End Users

Companies Mentioned: Barclays PLC.; Deutsche Bank AG; HSBC Holdings PLC.; JPMorgan Chase and Co.; Royal Bank of Scotland PLC.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the foreign exchange market are Barclays PLC., Deutsche Bank AG, HSBC Holdings PLC., JPMorgan Chase and Co., Royal Bank of Scotland PLC., Standard Chartered PLC., State Street Corporation, The Goldman Sachs Group Inc., UBS Group AG, Citibank, State Bank Of India, GAIN Capital, Scotiabank, BNP Paribas SA, Citigroup Inc. and Commonwealth Bank of Australia.

The global foreign exchange market is expected to grow from $715.09 billion in 2022 to $763.17 billion in 2023 at a compound annual growth rate (CAGR) of 6.41%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The foreign exchange market is expected to reach $972.12 billion in 2027 at a CAGR of 6.54%.

The foreign exchange market consists of revenues earned by entities by selling foreign exchange services (e.g. trading programs & advisory service, currency exchange & remittance service and professionally managed accounts service). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

Foreign exchange refers to the exchange of one currency for another at a predetermined rate, or foreign exchange rate. The foreign securities market, with a nominal worth of trillions of dollars, is made up primarily of foreign exchange markets. These are used in currency pairings that are valued one against the other.

North America was the largest region in the foreign exchange market in 2022. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main counterparties in foreign exchange are reporting dealers, other financial institutions, and non-financial customers. Reporting dealers refers to financial institutions that are active participants in the local and international derivatives and foreign exchange markets. There are some trade finance instruments, such as currency swaps and FX options, with some end users, including individuals, retailers, corporate institutes, and governments.

The surge in international transactions is significantly contributing to the growth of the foreign exchange market going forward. International transactions refer to transactions involving two or more related businesses in which at least one party is a non-resident. Increased global trade and international transactions increase the size and activity of the foreign exchange market. For instance, according to a 2022 report published by the United Nations Conference on Trade and Development (UNCTAD), a Switzerland-based intergovernmental organization that promotes the interests of developing countries in world trade, the value of global trade and international transactions reached $28.5 trillion in 2021, a 25% increase from 2020. Therefore, a surge in international transactions will drive the foreign exchange market.

Product innovation is the key trend gaining popularity in the foreign exchange market. Major companies operating in the foreign exchange market are focusing on launching new innovative foreign exchange platforms. For instance, in April 2020, Innovecture LLC, a US-based technology services and products company, launched TradeVision 2020. TradeVision 2020 is a forex trading system for retail traders. This innovative method is made to give regular traders real-time trading indications that are secure, easy to comprehend, and will help them optimize their profits in the forex market. Traders can trade currency pairs from any location in the world by utilizing the successful and tested trading algorithms offered by the system's numerous tools. TradeVision 2020 offers sophisticated trading tools built on our own algorithms that are often only accessible to institutional traders.

In January 2023, Rostro Group, a US-based capital holdings company focusing on digital assets and capital markets, acquired Scope Markets Group for an undisclosed amount. This acquisition has added foreign exchange trading to Rostro's portfolio of investments. Scope Markets Group, a Belize-based financial trade and forex services company.

The countries covered in the foreign exchange market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The foreign exchange market research report is one of a series of new reports from The Business Research Company that provides foreign exchange market statistics, including foreign exchange industry global market size, regional shares, competitors with a IoT insurance market share, detailed foreign exchange market segments, market trends and opportunities, and any further data you may need to thrive in the foreign exchange industry. This foreign exchange market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Product Code: r6446

1. Executive Summary

2. Foreign Exchange Market Characteristics

3. Foreign Exchange Market Trends And Strategies

4. Foreign Exchange Market - Macro Economic Scenario

4.1. COVID-19 Impact On Foreign Exchange Market
4.2. Ukraine-Russia War Impact On Foreign Exchange Market
4.3. Impact Of High Inflation On Foreign Exchange Market

5. Foreign Exchange Market Size And Growth

5.1. Global Foreign Exchange Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
5.2. Global Foreign Exchange Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market

6. Foreign Exchange Market Segmentation

6.1. Global Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Reporting Dealers
Other Financial Institutions
Non-Financial Customers
6.2. Global Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Currency Swaps
FX Options
6.3. Global Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Individuals
Retailers
Corporate Institutes
Government
Other End Users

7. Foreign Exchange Market Regional And Country Analysis

7.1. Global Foreign Exchange Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Foreign Exchange Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Foreign Exchange Market

8.1. Asia-Pacific Foreign Exchange Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8.3. Asia-Pacific Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Foreign Exchange Market

9.1. China Foreign Exchange Market Overview
9.2. China Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
9.3. China Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Foreign Exchange Market

10.1. India Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
10.2. India Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Foreign Exchange Market

11.1. Japan Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11.2. Japan Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Foreign Exchange Market

12.1. Australia Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12.2. Australia Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Foreign Exchange Market

13.1. Indonesia Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13.2. Indonesia Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Foreign Exchange Market

14.1. South Korea Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14.2. South Korea Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Foreign Exchange Market

15.1. Western Europe Foreign Exchange Market Overview
15.2. Western Europe Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15.3. Western Europe Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Foreign Exchange Market

16.1. UK Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16.2. UK Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Foreign Exchange Market

17.1. Germany Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17.2. Germany Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Foreign Exchange Market

18.1. France Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18.2. France Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Foreign Exchange Market

19.1. Eastern Europe Foreign Exchange Market Overview
19.2. Eastern Europe Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19.3. Eastern Europe Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Foreign Exchange Market

20.1. Russia Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20.2. Russia Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Foreign Exchange Market

21.1. North America Foreign Exchange Market Overview
21.2. North America Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21.3. North America Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Foreign Exchange Market

22.1. USA Foreign Exchange Market Overview
22.2. USA Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22.3. USA Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Foreign Exchange Market

23.1. South America Foreign Exchange Market Overview
23.2. South America Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23.3. South America Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Foreign Exchange Market

24.1. Brazil Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24.2. Brazil Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Foreign Exchange Market

25.1. Middle East Foreign Exchange Market Overview
25.2. Middle East Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25.3. Middle East Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Foreign Exchange Market

26.1. Africa Foreign Exchange Market Overview
26.2. Africa Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26.3. Africa Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Foreign Exchange Market Competitive Landscape And Company Profiles

27.1. Foreign Exchange Market Competitive Landscape
27.2. Foreign Exchange Market Company Profiles
- 27.2.1. Barclays PLC
  - 27.2.1.1. Overview
  - 27.2.1.2. Products and Services
  - 27.2.1.3. Strategy
  - 27.2.1.4. Financial Performance
- 27.2.2. Deutsche Bank AG
  - 27.2.2.1. Overview
  - 27.2.2.2. Products and Services
  - 27.2.2.3. Strategy
  - 27.2.2.4. Financial Performance
- 27.2.3. HSBC Holdings Plc
  - 27.2.3.1. Overview
  - 27.2.3.2. Products and Services
  - 27.2.3.3. Strategy
  - 27.2.3.4. Financial Performance
- 27.2.4. JPMorgan Chase and Co.
  - 27.2.4.1. Overview
  - 27.2.4.2. Products and Services
  - 27.2.4.3. Strategy
  - 27.2.4.4. Financial Performance
- 27.2.5. Royal Bank of Scotland Plc
  - 27.2.5.1. Overview
  - 27.2.5.2. Products and Services
  - 27.2.5.3. Strategy
  - 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Foreign Exchange Market

29. Foreign Exchange Market Future Outlook and Potential Analysis

30. Appendix

30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. The Business Research Company
30.6. Copyright And Disclaimer