Foreign Exchange Market to grow by USD 516.48 billion from 2023 to 2028; market is fragmented due to the presence of prominent companies like Bank of America Corp., Barclays PLC and BNP Paribas SA, and many more – Technavio

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It is estimated that the foreign exchange market will grow by USD 516 billion this year.From 2023 to 2028, there is a projected growth of 10 percent per year in the amount of 48 billion.31%. Due to the presence of a number of global and regional companies on the foreign exchange market, it is fragmented in nature. Bank of America Corporation, for example, is one of the most prominent companies that offer foreign exchange markets.Among them are Barclays PLC, BNP Paribas SA, and Citigroup Inc..Bank of Australia, Commonwealth Bank of Australia, and DBS Bank Limited are some of these banks.Among them are Deutsche Bank AG, HSBC Holdings Plc, and JPMorgan Chase and Company.This includes London Stock Exchange Group plc, NatWest Group plc, Societe Generale SA, Standard Chartered PLC, State Street Corporation, and many more.Goldman Sachs Group Inc., The Bank of Nova Scotia, The Bank of Nova Scotia.Westpac Banking Corporation, UBS Group AG, and UBS Group AG.As well as XTX Markets Ltd.
As well as XTX Markets Ltd.
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In terms of geography, the market can be divided into four groups: North America, Europe, APAC, South America, and the Middle East and Africa. 
 Segmentation of the market
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Table of Contents:
The Executive Summary of the report
An overview of the market landscape is presented in Figure 2
The Size of the Market in 3 Dimensions
The historic market size of the industry is shown in Table 4.
An analysis of the Five Forces
Segmentation of the market by type of product
A market segmentation based on trade finance instruments is presented in Figure 7
Taking a look at the customer landscape in 8
There are nine geographical landscapes in this book
There are 10 drivers, challenges, and trends that are driving the market
The landscape of the company in Figure 11
Analyses of 12 companies
There are 13 appendices to this document.
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It is important to understand that Technavio's growing client base depends on our comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets, as well as assess their competitive positions within changing market scenarios.
Please feel free to contact us at the following address:
Research AnalystTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com
The source of this information is Technavio
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