Global Currency Exchange Software Market 2017-2021

  • ID: 4392570
  • Report
  • Region: Global
  • 66 pages
  • TechNavio
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FEATURED COMPANIES

  • Barracuda FX
  • Calyx Solutions
  • Clear View Systems
  • Digital Currency Systems
  • MEDOC COMPUTERS
  • MoneyExchangeSoft
  • MORE
About Currency Exchange Software

Currency exchange software is a solution used to exchange currencies and sell and buy e-currencies. It manages every step from sign up to automatic pay-out. The software facilitates the purchase and sale of foreign currency. The software has highly-customizable features and compliance functionality. It features a user-friendly interface that helps simplify transactions, reduce user errors, and minimize risks associated with foreign exchange. The software is implemented by banks and other financial institutions, money-service businesses, hotels, resorts, tourist attractions, and travel agencies.

The analysts forecast the global currency exchange software market to grow at a CAGR of 12.63% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global currency exchange software market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Currency Exchange Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Calyx Solutions
  • Clear View Systems
  • Digital Currency Systems
  • MoneyExchangeSoft
  • Yodatech
Other prominent vendors
  • Barracuda FX
  • biz4X
  • CGI Design
  • Cymonz
  • FinCode
  • MEDOC COMPUTERS
  • Mighty Systems
  • VINIT SOLUTIONS
  • Wallsoft
Market drivers
  • Pricing strategies of vendors
  • For a full, detailed list, view the full report
Market challenges
  • High implementation and maintenance cost
  • For a full, detailed list, view the full report
Market trends
  • Rise in demand for integrated currency exchange software
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Barracuda FX
  • Calyx Solutions
  • Clear View Systems
  • Digital Currency Systems
  • MEDOC COMPUTERS
  • MoneyExchangeSoft
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Economic overview
  • Global economic overview
PART 06: Market landscape
  • Market overview
  • Market assumptions
  • Market size and forecast
  • Five forces analysis
PART 07: Market segmentation by deployment model
  • Global currency exchange software market by deployment model
  • Global on-premises currency exchange software market
  • Global cloud-based currency exchange software market
PART 08: Geographical segmentation
  • Global currency exchange software market segmentation by geography
  • Global currency exchange software market by geography (revenue)
  • Currency exchange software market in Americas
  • Currency exchange software market in EMEA
  • Currency exchange software market in APAC
PART 09: Buying criteria
  • Buying criteria for currency exchange software
PART 10: Decision framework

PART 11: Drivers and challenges
  • Market drivers
  • Market challenges
PART 12: Market trends
  • Rise in demand for integrated currency exchange software
  • Introduction of currency exchange mobile apps
  • P2P currency exchange
PART 13: Vendor landscape
  • Competitive scenario
  • Major-vendor offerings
  • Major vendors
  • Other prominent vendors
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global currency exchange software market assumptions
Exhibit 02: Global currency exchange software market 2016-2021 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Global currency exchange software market: Deployment models
Exhibit 05: Global currency exchange software market by deployment 2016-2021 (% share of revenue)
Exhibit 06: Global on-premises currency exchange software market 2016-2021 ($ billions)
Exhibit 07: Global cloud-based currency exchange software market 2016-2021 ($ billions)
Exhibit 08: Differences between on-premises and cloud-based currency exchange software
Exhibit 09: Global currency exchange software by geography 2016-2021 (% share of revenue)
Exhibit 10: Global currency exchange software market by geography 2016-2021 ($ billions)
Exhibit 11: Buying criteria for currency exchange software
Exhibit 12: Open-source currency exchange software
Exhibit 13: Global currency exchange software: Licensing models
Exhibit 14: Global currency exchange software market: Major vendors and offerings
Exhibit 15: Global currency exchange software market: Other prominent vendors
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FEATURED COMPANIES

  • Barracuda FX
  • Calyx Solutions
  • Clear View Systems
  • Digital Currency Systems
  • MEDOC COMPUTERS
  • MoneyExchangeSoft
  • MORE
New Report Released: – Global Currency Exchange Software Market 2017-2021

The author of the report recognizes the following companies as the key players in the global currency exchange software market: Calyx Solutions, Clear View Systems, Digital Currency Systems, MoneyExchangeSoft, and Yodatech.

Other Prominent Vendors in the market are: Barracuda FX, biz4X, CGI Design, Cymonz, FinCode, MEDOC COMPUTERS, Mighty Systems, VINIT SOLUTIONS, and Wallsoft.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Rise in demand for integrated currency exchange software. Vendors in the market are offering integrated and converged software suites. End-users prefer integrated software suites as implementation of different software may lead to integration issues. End-users opt integrated products and software suites from the same vendor because they have better integration ability and support other functions. The rise in network complexity and IT infrastructure has made integration an important buying criterion for end-users.”

According to the report, one of the major drivers for this market is Pricing strategies of vendors. Software vendors are adopting customer-centric pricing strategies, enabled by advances in technology, to thrive in a competitive market environment. Several vendors in the currency exchange software market are focusing on providing value-based pricing models depending on the need of the customer and value perception. The pricing of the software is based on differentiating features of the software solution and the value-added features provided to the customers.

Further, the report states that one of the major factors hindering the growth of this market is High implementation and maintenance cost. The high cost of deploying the on-premises currency exchange software is one of the major challenges in the market for small financial institutions, money service businesses, and travel agencies. The cost of software licensing, system design and customization, implementation, training, and maintenance is considered while determining the price of currency exchange software.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Calyx Solutions
  • Clear View Systems
  • Digital Currency Systems
  • MoneyExchangeSoft
  • Yodatech
  • Barracuda FX
  • biz4X
  • CGI Design
  • Cymonz
  • FinCode
  • MEDOC COMPUTERS
  • Mighty Systems
  • VINIT SOLUTIONS
  • Wallsoft
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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