Digital Remittance Market Size, Share, Trends, Research Insights 2024
The report "Digital Remittance Market by channel (Money Transfer Operators, Banks, Others), by type (Outward Digital Remittance, Inward Digital Remittance), by end-user (Migrant Labor Workforce, Personal, Small Business, Others) - Global Forecasts to 2030"
The global digital remittance market is projected to reach USD 16,953.5 million in 2023, registering a Compound Annual Growth Rate (CAGR) of 13.7% during the forecast period 2024-2030. The growth of the market is majorly driven by the rising focus on digital remittance due to rapid digitalization.
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Competitive Dashboard:
The prominent key players operating in the global digital remittance market are TransferGo Ltd., Wise Payments Limited, MoneyGram., Ria Financial Services, WorldRemit, Azimo Ltd., Western Union Holdings, Inc., Digital Wallet Inc., Nium Pte. Ltd., PayPal Holdings Inc.
Regional Overview:
The report also examines the current concerns and their Future Effects on the Digital Remittance Market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the Digital Remittance Market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
A Few Points from the Table of Contents –
1. Executive Summary
2. Global Digital Remittance Market Introduction
3. Global Digital Remittance Market Dynamics
4. Global Digital Remittance Market Analysis, 2019 - 2023 and Forecast 2024 – 2030
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9. Global Digital Remittance Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10. North America Digital Remittance Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11. Europe Digital Remittance Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12. Asia Pacific (APAC) Digital Remittance Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13. Middle East and Africa (MEA) Digital Remittance Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14. Latin America Digital Remittance Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
15. Competition Landscape
16. Research Methodology
17. Appendix and Abbreviations
Scope of The Report:
- The digital remittance market research report includes historical data, trending features, and market growth estimates for the future.
- The qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period.
- The digital remittance market report helps to provide the best results for business enhancement and business growth.
- The report gives a comprehensive overview of both primary and secondary data.
- The digital remittance market key players covered here to help them strengthen their place in the market.
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