Global Foreign Exchange Market 2022-2026

Global Foreign Exchange Market 2022-2026

Technavio has been monitoring the foreign exchange market and it is poised to grow by $ 1.94 trillion during 2022-2026, accelerating at a CAGR of 8.87% during the forecast period. Our report on the foreign exchange market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by growing urbanization and digitalization, market liquidity, and central bank interest rates.

The foreign exchange market analysis includes the type segment and geographic landscape.

Technavio's foreign exchange market is segmented as below:

By Type

  • Reporting dealers
  • Other financial institutions
  • Non-financial customers
By Geographical Landscape
  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the 24X7 trading opportunities as one of the prime reasons driving the foreign exchange market growth during the next few years. Also, trading options in forex and market transparency will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on foreign exchange market covers the following areas:
  • Foreign exchange market sizing
  • Foreign exchange market forecast
  • Foreign exchange market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading foreign exchange market vendors that include Bank of America Corp., Barclays PLC, BNP Paribas SA, Citigroup Inc., Commonwealth Bank of Australia, DBS Bank Ltd., Deutsche Bank AG, HSBC Holdings Plc, JPMorgan Chase and Co., Royal Bank of Scotland Plc, Societe Generale SA, Standard Chartered PLC, State Street Corp., The Goldman Sachs Group Inc., UBS Group AG, and Westpac Banking Corp. Also, the foreign exchange market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Trade Finance Instruments
      • Table Executive Summary – Chart on Market Segmentation by Type
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2021
    • Market outlook: Forecast for 2021-2026
      • Table Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Table Data Table on Global Market: Year-over-year growth 2021-2026 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2021 and 2026
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2021 and 2026
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2021 and 2026
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2021 and 2026
    • Market condition
      • Table Chart on Market condition - Five forces 2021 and 2026
  • Market Segmentation by Trade Finance Instruments
    • Market segments
      • Table Chart on Trade Finance Instruments - Market share 2021-2026 (%)
      • Table Data Table on Trade Finance Instruments - Market share 2021-2026 (%)
    • Comparison by Trade Finance Instruments
      • Table Chart on Comparison by Trade Finance Instruments
      • Table Data Table on Comparison by Trade Finance Instruments
    • Currency swaps - Market size and forecast 2021-2026
      • Table Chart on Currency swaps - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Currency swaps - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Currency swaps - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Currency swaps - Year-over-year growth 2021-2026 (%)
    • Outright forward and forex swaps - Market size and forecast 2021-2026
      • Table Chart on Outright forward and forex swaps - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Outright forward and forex swaps - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Outright forward and forex swaps - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Outright forward and forex swaps - Year-over-year growth 2021-2026 (%)
    • FX options - Market size and forecast 2021-2026
      • Table Chart on FX options - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on FX options - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on FX options - Year-over-year growth 2021-2026 (%)
      • Table Data Table on FX options - Year-over-year growth 2021-2026 (%)
    • Market opportunity by Trade Finance Instruments
      • Table Market opportunity by Trade Finance Instruments ($ billion)
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2021-2026 (%)
      • Table Data Table on Type - Market share 2021-2026 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Reporting dealers - Market size and forecast 2021-2026
      • Table Chart on Reporting dealers - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Reporting dealers - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Reporting dealers - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Reporting dealers - Year-over-year growth 2021-2026 (%)
    • Other financial institutions - Market size and forecast 2021-2026
      • Table Chart on Other financial institutions - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Other financial institutions - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Other financial institutions - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Other financial institutions - Year-over-year growth 2021-2026 (%)
    • Non-financial customers - Market size and forecast 2021-2026
      • Table Chart on Non-financial customers - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Non-financial customers - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Non-financial customers - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Non-financial customers - Year-over-year growth 2021-2026 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ billion)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2021-2026 (%)
      • Table Data Table on Market share by geography 2021-2026 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2021-2026
      • Table Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on North America - Year-over-year growth 2021-2026 (%)
      • Table Data Table on North America - Year-over-year growth 2021-2026 (%)
    • Europe - Market size and forecast 2021-2026
      • Table Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • APAC - Market size and forecast 2021-2026
      • Table Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Table Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • South America - Market size and forecast 2021-2026
      • Table Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on South America - Year-over-year growth 2021-2026 (%)
      • Table Data Table on South America - Year-over-year growth 2021-2026 (%)
    • Middle East and Africa - Market size and forecast 2021- 2026
      • Table Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • US - Market size and forecast 2021-2026
      • Table Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on US - Year-over-year growth 2021-2026 (%)
      • Table Data Table on US - Year-over-year growth 2021-2026 (%)
    • UK - Market size and forecast 2021-2026
      • Table Chart on UK - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on UK - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on UK - Year-over-year growth 2021-2026 (%)
      • Table Data Table on UK - Year-over-year growth 2021-2026 (%)
    • China - Market size and forecast 2021-2026
      • Table Chart on China - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on China - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on China - Year-over-year growth 2021-2026 (%)
      • Table Data Table on China - Year-over-year growth 2021-2026 (%)
    • Japan - Market size and forecast 2021-2026
      • Table Chart on Japan - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • Switzerland - Market size and forecast 2021-2026
      • Table Chart on Switzerland - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Switzerland - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Switzerland - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Switzerland - Year-over-year growth 2021-2026 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Growing urbanization and digitalization
      • Market liquidity
      • Central bank interest rates
    • Market challenges
      • Uncertainty of future exchange rates
      • Transaction risks
      • Counterparty risks
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2021 and 2026
    • Market trends
      • 24x7 trading opportunities
      • Trading options in forex
      • Market transparency
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Bank of America Corp.
      • Table Bank of America Corp. - Overview
      • Table Bank of America Corp. - Business segments
      • Table Bank of America Corp. - Key news
      • Table Bank of America Corp. - Key offerings
      • Table Bank of America Corp. - Segment focus
    • Barclays PLC
      • Table Barclays PLC - Overview
      • Table Barclays PLC - Business segments
      • Table Barclays PLC - Key news
      • Table Barclays PLC - Key offerings
      • Table Barclays PLC - Segment focus
    • BNP Paribas SA
      • Table BNP Paribas SA - Overview
      • Table BNP Paribas SA - Business segments
      • Table BNP Paribas SA - Key offerings
      • Table BNP Paribas SA - Segment focus
    • Citigroup Inc.
      • Table Citigroup Inc. - Overview
      • Table Citigroup Inc. - Business segments
      • Table Citigroup Inc. - Key offerings
      • Table Citigroup Inc. - Segment focus
    • Deutsche Bank AG
      • Table Deutsche Bank AG - Overview
      • Table Deutsche Bank AG - Business segments
      • Table Deutsche Bank AG - Key news
      • Table Deutsche Bank AG - Key offerings
      • Table Deutsche Bank AG - Segment focus
    • HSBC Holdings Plc
      • Table HSBC Holdings Plc - Overview
      • Table HSBC Holdings Plc - Business segments
      • Table HSBC Holdings Plc - Key news
      • Table HSBC Holdings Plc - Key offerings
      • Table HSBC Holdings Plc - Segment focus
    • JPMorgan Chase and Co.
      • Table JPMorgan Chase and Co. - Overview
      • Table JPMorgan Chase and Co. - Business segments
      • Table JPMorgan Chase and Co. - Key offerings
      • Table JPMorgan Chase and Co. - Segment focus
    • Royal Bank of Scotland Plc
      • Table Royal Bank of Scotland Plc - Overview
      • Table Royal Bank of Scotland Plc - Business segments
      • Table Royal Bank of Scotland Plc - Key offerings
      • Table Royal Bank of Scotland Plc - Segment focus
    • The Goldman Sachs Group Inc.
      • Table The Goldman Sachs Group Inc. - Overview
      • Table The Goldman Sachs Group Inc. - Business segments
      • Table The Goldman Sachs Group Inc. - Key news
      • Table The Goldman Sachs Group Inc. - Key offerings
      • Table The Goldman Sachs Group Inc. - Segment focus
    • UBS Group AG
      • Table UBS Group AG - Overview
      • Table UBS Group AG - Business segments
      • Table UBS Group AG - Key offerings
      • Table UBS Group AG - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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