Global Digital Remittance Market Growth (Status and Outlook) 2021-2026
According to this latest study, the 2020 growth of Digital Remittance will have significant change from previous year. By the most conservative estimates of global Digital Remittance market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2020, from US$ 2931.1 million in 2019. Over the next five years the Digital Remittance market will register a 28.6% CAGR in terms of revenue, the global market size will reach US$ 8024.6 million by 2025.
This report presents a comprehensive overview, market shares, and growth opportunities of Digital Remittance market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2016 to 2021 in Section 2.3; and forecast to 2026 in section 10.7.
Banks Digital Remittance
Digital Money Transfer Operators
The segment of digital money transfer holds a comparatively larger share in global market, which accounts for about 86%.
Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 10.8.
Migrant Labor Workforce
Study Abroad and Travel
Small Businesses
Others
The migrant labor workforce holds an important share in terms of applications, and accounts for 67% of the market share.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
Western Union (WU)
Ria Financial Services
PayPal/Xoom
TransferWise
WorldRemit
MoneyGram
Remitly
Azimo
TransferGo
InstaReM
TNG Wallet
Toast Me
OrbitRemit
Smiles Mobile Remittance
Avenues India Pvt Ltd
This report presents a comprehensive overview, market shares, and growth opportunities of Digital Remittance market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2016 to 2021 in Section 2.3; and forecast to 2026 in section 10.7.
Banks Digital Remittance
Digital Money Transfer Operators
The segment of digital money transfer holds a comparatively larger share in global market, which accounts for about 86%.
Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 10.8.
Migrant Labor Workforce
Study Abroad and Travel
Small Businesses
Others
The migrant labor workforce holds an important share in terms of applications, and accounts for 67% of the market share.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
Western Union (WU)
Ria Financial Services
PayPal/Xoom
TransferWise
WorldRemit
MoneyGram
Remitly
Azimo
TransferGo
InstaReM
TNG Wallet
Toast Me
OrbitRemit
Smiles Mobile Remittance
Avenues India Pvt Ltd
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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