Digital Remittance Service Market, Global Outlook and Forecast 2023-2030
This report aims to provide a comprehensive presentation of the global market for Digital Remittance Service, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digital Remittance Service. This report contains market size and forecasts of Digital Remittance Service in global, including the following market information:
Global Digital Remittance Service Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Digital Remittance Service market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
by Banks Digital Remittance Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Digital Remittance Service include Western Union, Ria Financial Services, Xoom, TransferWise, MoneyGram, Remitly, Azimo, TransferGo and WorldRemit, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Digital Remittance Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Digital Remittance Service Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Digital Remittance Service Market Segment Percentages, by Type, 2022 (%)
by Banks Digital Remittance
by Digital Money Transfer Operators
Global Digital Remittance Service Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Digital Remittance Service Market Segment Percentages, by Application, 2022 (%)
Migrant Labor Workforce
Study Abroad and Travel
Small Businesses
Other
Global Digital Remittance Service Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Digital Remittance Service Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Digital Remittance Service revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Digital Remittance Service revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Western Union
Ria Financial Services
Xoom
TransferWise
MoneyGram
Remitly
Azimo
TransferGo
WorldRemit
TNG Wallet
Toast Me
OrbitRemit
Smiles Mobile Remittance
Avenues India Pvt Ltd
Outline of Major Chapters:
Chapter 1: Introduces the definition of Digital Remittance Service, market overview.
Chapter 2: Global Digital Remittance Service market size in revenue.
Chapter 3: Detailed analysis of Digital Remittance Service company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Digital Remittance Service in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.