One Stop Shop for All Your Market Research Reports

Global Digital Remittance Market 2023 by Company, Regions, Type and Application, Forecast to 2029

The digital remittance as P2P money remittance is sent via an online platform (mobile, desktop, tablet etc.), including both immediate transfers (less than 24 hours) and transfers that takes more than 24 hours. For example, Western Union (WU) is an important player of Digital Remittance. In this report, the Western Unionメs digital remittance revenue is only for online money transfer, though WUメs branded website, including through their mobile devices, PC and tablet etc.). According to our (Global Info Research) latest study, the global Digital Remittance market size was valued at USD 6516.3 million in 2022 and is forecast to a readjusted size of USD 19150 million by 2029 with a CAGR of 16.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Globalᅠkey players of digital money transfer and remittanceᅠincludeᅠWestern Union, Ria Financial Services,ᅠetc.ᅠGlobalᅠtopᅠ3ᅠcompaniesᅠholdᅠaᅠshareᅠoverᅠ40%.ᅠNorth Americaᅠisᅠtheᅠlargestᅠmarket,ᅠwithᅠaᅠshareᅠaboutᅠ33%,ᅠfollowedᅠbyᅠAsia PacificᅠandᅠEuropeᅠwithᅠtheᅠshareᅠaboutᅠ32%ᅠandᅠ15%. In terms of product, digital money transfer operator is the largest segment, with a share over 80%. And in terms of application, the largest end user is personal customers, with a share about 80%. This report is a detailed and comprehensive analysis for global Digital Remittance market. Both quantitative and qualitative analyses are presented by company, by region & country, by Provider and by End User. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. Key Features: Global Digital Remittance market size and forecasts, in consumption value ($ Million), 2018-2029 Global Digital Remittance market size and forecasts by region and country, in consumption value ($ Million), 2018-2029 Global Digital Remittance market size and forecasts, by Provider and by End User, in consumption value ($ Million), 2018-2029 Global Digital Remittance market shares of main players, in revenue ($ Million), 2018-2023 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for Digital Remittance To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Digital Remittance market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Western Union (WU), Ria Financial Services (Euronet), PayPal/Xoom, Wise and Zepz (WorldRemit, Sendwave), etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market segmentation Digital Remittance market is split by Provider and by End User. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Provider and by End User. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Provider Digital Money Transfer Operators Banks Digital Remittance Market segment by End User Personal Customers Micro and Small Businesses Market segment by players, this report covers Western Union (WU) Ria Financial Services (Euronet) PayPal/Xoom Wise Zepz (WorldRemit, Sendwave) MoneyGram Remitly Azimo TransferGo NIUM, Inc (Instarem) TNG FinTech Coins.ph OrbitRemit Smiles/Digital Wallet Corporation FlyRemit SingX Flywire Intermex Small World Market segment by regions, regional analysis covers North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific) South America (Brazil, Argentina and Rest of South America) Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa) The content of the study subjects, includes a total of 13 chapters: Chapter 1, to describe Digital Remittance product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top players of Digital Remittance, with revenue, gross margin and global market share of Digital Remittance from 2018 to 2023. Chapter 3, the Digital Remittance competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast. Chapter 4 and 5, to segment the market size by Provider and application, with consumption value and growth rate by Provider, application, from 2018 to 2029. Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Digital Remittance market forecast, by regions, provider and end user, with consumption value, from 2024 to 2029. Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War Chapter 12, the key raw materials and key suppliers, and industry chain of Digital Remittance. Chapter 13, to describe Digital Remittance research findings and conclusion.
1 Market Overview 1.1 Product Overview and Scope of Digital Remittance 1.2 Market Estimation Caveats and Base Year 1.3 Classification of Digital Remittance by Provider 1.3.1 Overview: Global Digital Remittance Market Size by Provider: 2018 Versus 2022 Versus 2029 1.3.2 Global Digital Remittance Consumption Value Market Share by Provider in 2022 1.3.3 Digital Mon
Inquiry Before Buying

Request Sample

Share This Report

Our Clients

Payment Mode
Single User US $ 3480
Multi User US $5220
Corporate User US $6960
About this Report
Report ID 304846
Category
  • Software and Services
Published on 29-Mar
Number of Pages 113
Publisher Name Global Info Research
Editor Rating
★★★★★
★★★★★
(23)