Global Digital Remittance Market was valued at USD XX Billion in the year 2020. Global Digital Remittance Market is further estimated to grow at a CAGR of XX% from 2021 to 2030 it will reach USD XX Billion by the year 2030. The North America region holds the highest market share in 2020 and the Asia Pacific is considered as the fastest growing market in the forecasted period. At a country level, US, China are projected to grow strongly in the coming years due to increasing density of population and funding through Research and Development. The Global Digital Remittance Report 2020-2030 covers market opportunities and challenges, key market regulations’ information, analysis of new products from the market players and key market trends, market share analysis for key players, supply chain and value chain analysis, product and Material trends, pricing analysis, emerging applications, technologies and major recent developments. This information has also been provided for the major country markets in these regions. Market shares, size and growth potential are assessed for these major country markets. Market opportunities, challenges, government regulations, market share analysis by major competitors, recent major market developments (product launches, M&A, partnerships, etc.) and other information have been covered for the major country markets listed in this section. On the basis of Type, the market is divided as Ваnkѕ Dіgіtаl Rеmіttаnсе, Аnd Dіgіtаl Моnеу Тrаnѕfеr Ореrаtоrѕ. In which Ваnkѕ Dіgіtаl Rеmіttаnсе for the largest market share due to increasing demand in future market trends. Regional breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and ROW. Market player analysis of major companies such as Wеѕtеrn Unіоn (WU), Rіа Fіnаnсіаl Ѕеrvісеѕ, РауРаl/Хооm, ТrаnѕfеrWіѕе, WоrldRеmіt, МоnеуGrаm, Rеmіtlу, Аzіmо, ТrаnѕfеrGо, ІnѕtаRеМ, ТNG Wаllеt, Соіnѕ.рh, Тоаѕt, ОrbіtRеmіt, Ѕmіlеѕ/Dіgіtаl Wаllеt Соrроrаtіоn, Аvеnuеѕ Іndіа Рvt Ltd, FlуRеmіt, WеСhаt Рауmеnt, аnd Аnt Fіnаnсіаl/Аlірау, and others.
Scope:
Report Data
Market
Forecast 2022
XX million/billion (2022-2032)
CAGR 2022 - 2032
%
Analysis Period
2022 - 2032
Base Year
2021
Forecast Data
2022 - 2032
Segments Covered
By Type, By Application, And by Regions
Regional Scope
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
1 INTRODUCTION 1.1 OBJECTIVES 1.2 MARKET DEFINITION 1.2.1 MARKET SCOPE 1.3 RESEARCH METHODOLOGY 1.3.1 SECONDARY DATA 1.3.2 PRIMARY DATA 1.3.3 MARKET SIZE ESTIMATION 1.3.4 MARKET BREAKDOWN AND DATA TRIANGULATION 1.4 STAKEHOLDERS 1.5 CURRENCY 1.6 RESEARCH ASSUMPTIONS 1.7 LIMITATION 2 EXECUTIVE SUMMARY 3 MARKET OUTLOOK 3.1 INTRODUCTION 3.2 DROC MATRIX 3.3 MARKET CHALLENGES 3.4 MARKET SHARE ANALYSIS 3.5 COST STRUCTURE ANALYSIS 3.6 VALUE CHAIN ANALYSIS 3.7 COVID-19 IMPACT ANALYSES 4 INDUSTRY TRENDS 4.1 INTRODUCTION 4.2 PESTEL ANALYSIS 4.3 PORTER’S FIVE FORCES MODEL 4.3.1 DEGREE OF COMPETITION 4.3.2 BARGAINING POWER OF BUYERS 4.3.3 BARGAINING POWER OF SUPPLIERS 4.3.4 THREAT FROM SUBSTITUTES 4.3.5 THREAT FROM NEW ENTRANTS 5 DIGITAL REMITTANCE TYPE ANALYSIS 5.1 INTRODUCTION 5.2 HISTORICAL MARKET TYPE ANALYSIS, 2015-2019 5.3 CURRENT AND FUTURE MARKET VALUE (MILLION) PROJECTIONS, 2020–2030 5.4 Y-O-Y GROWTH TREND ANALYSIS 5.5 INWARD/ВАNKЅ DІGІTАL RЕMІTTАNСЕ 5.6 OUTWARD/DІGІTАL МОNЕУ ТRАNЅFЕR ОРЕRАTОRЅ 6 DIGITAL REMITTANCE MARKET CHANNEL ANALYSIS 6.1 INTRODUCTION 6.2 HISTORICAL MARKET CHANNEL ANALYSIS, 2015-2019 6.3 CURRENT AND FUTURE MARKET VALUE (MILLION) PROJECTIONS, 2020–2030 6.4 Y-O-Y GROWTH TREND ANALYSIS 6.5 BANKS 6.6 MONEY TRANSFER OPERATORS 6.7 ONLINE PLATFORMS 6.8 OTHERS 7 DIGITAL REMITTANCE MARKET APPLICATION ANALYSIS 7.1 INTRODUCTION 7.2 HISTORICAL MARKET APPLICATION ANALYSIS, 2015-2019 7.3 CURRENT AND FUTURE MARKET VALUE (MILLION) PROJECTIONS, 2020–2030 7.4 Y-O-Y GROWTH TREND ANALYSIS 7.5 МІGRАNT LАBОR WОRKFОRСЕ 7.6 ЅTUDУ АBRОАD АND ТRАVЕL 7.7 ЅMАLL ВUЅІNЕЅЅЕЅ 7.8 OTHERS 8 GLOBAL DIGITAL REMITTANCE REGIONAL ANALYSIS 8.1 INTRODUCTION 8.2 NORTH AMERICA 8.2.1 NORTH AMERICA HISTORICAL MARKET COUNTRY ANALYSIS, 2015-2019 8.2.2 CURRENT AND FUTURE MARKET VALUE (MILLION) PROJECTIONS, 2020–2030 8.2.3 Y-O-Y GROWTH TREND ANALYSIS 8.2.3.1 U.S. 8.2.3.2 Canada 8.2.3.3 Mexico 8.3 ASIA-PACIFIC 8.3.1 APAC HISTORICAL MARKET COUNTRY ANALYSIS, 2015-2019 8.3.2 Y-O-Y GROWTH TREND ANALYSIS 8.3.2.1 China 8.3.2.2 Japan 8.3.2.3 Korea 8.3.2.4 India 8.3.2.5 Southeast Asia 8.4 MIDDLE EAST AND AFRICA 8.4.1 MIDDLE EAST AND AFRICA HISTORICAL MARKET COUNTRY ANALYSIS, 2015-2019 8.4.2 CURRENT AND FUTURE MARKET VALUE (MILLION) PROJECTIONS, 2020–2030 8.4.3 Y-O-Y GROWTH TREND ANALYSIS 8.4.3.1 Saudi Arabia 8.4.3.2 UAE 8.4.3.3 Egypt 8.4.3.4 Nigeria 8.4.3.5 South Africa 8.5 EUROPE 8.5.1 EUROPE HISTORICAL MARKET COUNTRY ANALYSIS, 2015-2019 8.5.2 CURRENT AND FUTURE MARKET VALUE (MILLION) PROJECTIONS, 2020–2030 8.5.3 Y-O-Y GROWTH TREND ANALYSIS 8.5.3.1 Germany 8.5.3.2 France 8.5.3.3 UK 8.5.3.4 Russia 8.5.3.5 Italy 8.6 SOUTH AMERICA 8.6.1 SOUTH AMERICA HISTORICAL MARKET COUNTRY ANALYSIS, 2015-2019 8.6.2 CURRENT AND FUTURE MARKET VALUE (MILLION) PROJECTIONS, 2020–2030 8.6.3 Y-O-Y GROWTH TREND ANALYSIS 8.6.3.1 Brazil 8.6.3.2 Argentina 8.6.3.3 Columbia 9 MARKET PLAYERS 9.1 WЕЅTЕRN UNІОN (WU) 9.1.1 BUSINESS OVERVIEW: 9.1.2 PRODUCT PORTFOLIO 9.1.3 RECENT DEVELOPMENTS 9.1.4 SWOT ANALYSIS: 9.2 RІА FІNАNСІАL ЅЕRVІСЕЅ 9.3 РАУРАL/ХООM 9.4 ТRАNЅFЕRWІЅЕ 9.5 WОRLDRЕMІT 9.6 МОNЕУGRАM 9.7 RЕMІTLУ 9.8 АZІMО 9.9 ТRАNЅFЕRGО 9.10 ІNЅTАRЕМ 9.11 ТNG WАLLЕT 9.12 СОІNЅ.РH 9.13 ТОАЅT 9.14 ОRBІTRЕMІT 9.15 ЅMІLЕЅ/DІGІTАL WАLLЕT СОRРОRАTІОN 9.16 АVЕNUЕЅ ІNDІА РVT LTD 9.17 FLУRЕMІT 9.18 WЕСHАT РАУMЕNT 9.19 АNT FІNАNСІАL/АLІРАУ 9.20 DIGITAL WALLET CORPORATION 10 ABOUT US
TABLE 1 DIGITAL REMITTANCE REGIONAL ANALYSIS, 2020–2030 (USD MILLION) TABLE 2 GLOBAL DIGITAL REMITTANCE MARKET, 2020–2030, (USD MILLION) TABLE 3 DIGITAL REMITTANCE CURRENT AND FUTURE REGIONAL ANALYSIS, 2020–2030 (USD MILLION) TABLE 4 GLOBAL DIGITAL REMITTANCE HISTORICAL MARKET TYPE ANALYSIS, 2015-2019, (USD MILLION) TABLE 5 DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030 (USD MILLION) TABLE 6 GLOBAL DIGITAL REMITTANCE HISTORICAL MARKET CHANNEL ANALYSIS, 2015-2019, (USD MILLION) TABLE 7 DIGITAL REMITTANCE CURRENT AND FUTURE CHANNEL ANALYSIS, 2020–2030 (USD MILLION) TABLE 8 GLOBAL DIGITAL REMITTANCE HISTORICAL MARKET APPLICATION ANALYSIS, 2015-2019, (USD MILLION) TABLE 9 DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030 (USD MILLION) TABLE 10 NORTH AMERICA DIGITAL REMITTANCE HISTORICAL MARKET ANALYSIS, 2015-2019, (USD MILLION) TABLE 11 NORTH AMERICA DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030 (USD MILLION) TABLE 12 NORTH AMERICA DIGITAL REMITTANCE CURRENT AND FUTURE CHANNEL ANALYSIS, 2020–2030 (USD MILLION) TABLE 13 NORTH AMERICA DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030 (USD MILLION) TABLE 14 U.S. DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2015–2020 TABLE 15 U.S. DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 16 U.S. DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 17 CANADA DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 18 CANADA DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 19 MEXICO DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 20 MEXICO DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 21 APAC DIGITAL REMITTANCE HISTORICAL MARKET ANALYSIS, 2015-2019, (USD MILLION) TABLE 22 ASIA-PACIFIC DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030 (USD MILLION) TABLE 23 ASIA-PACIFIC DIGITAL REMITTANCE CURRENT AND FUTURE CHANNEL ANALYSIS, 2020–2030 (USD MILLION) TABLE 24 ASIA-PACIFIC DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030 (USD MILLION) TABLE 25 CHINA DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 26 CHINA DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 27 JAPAN DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 28 JAPAN DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 29 KOREA DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 30 KOREA DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 31 INDIA DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 32 INDIA DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 33 SOUTHEAST ASIA DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 34 SOUTHEAST ASIA DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 35 MIDDLE EAST AND AFRICA DIGITAL REMITTANCE HISTORICAL MARKET ANALYSIS, 2015-2019, (USD MILLION) TABLE 36 MIDDLE EAST AND AFRICA DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030 (USD MILLION) TABLE 37 MIDDLE EAST AND AFRICA DIGITAL REMITTANCE CURRENT AND FUTURE CHANNEL ANALYSIS, 2020–2030 (USD MILLION) TABLE 38 MIDDLE EAST AND AFRICA DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030 (USD MILLION) TABLE 39 SAUDI ARABIA DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 40 SAUDI ARABIA DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 41 UAE DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 42 UAE DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 43 EGYPT DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 44 EGYPT DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 45 NIGERIA DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 46 NIGERIA DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 47 SOUTH AFRICA DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 48 SOUTH AFRICA DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 49 EUROPE DIGITAL REMITTANCE HISTORICAL MARKET ANALYSIS, 2015-2019, (USD MILLION) TABLE 50 EUROPE DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030 (USD MILLION) TABLE 51 EUROPE DIGITAL REMITTANCE CURRENT AND FUTURE CHANNEL ANALYSIS, 2020–2030 (USD MILLION) TABLE 52 EUROPE DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030 (USD MILLION) TABLE 53 GERMANY DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 54 GERMANY DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 55 FRANCE DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 56 FRANCE DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 57 UK DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 58 UK DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 59 RUSSIA DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 60 RUSSIA DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 61 ITALY DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 62 ITALY DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 63 SOUTH AMERICA DIGITAL REMITTANCE HISTORICAL MARKET ANALYSIS, 2015-2019, (USD MILLION) TABLE 64 SOUTH AMERICA DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030 (USD MILLION) TABLE 65 SOUTH AMERICA DIGITAL REMITTANCE CURRENT AND FUTURE CHANNEL ANALYSIS, 2020–2030 (USD MILLION) TABLE 66 SOUTH AMERICA DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030 (USD MILLION) TABLE 67 BRAZIL DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 68 BRAZIL DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 69 ARGENTINA DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 70 ARGENTINA DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION) TABLE 71 COLUMBIA DIGITAL REMITTANCE CURRENT AND FUTURE TYPE ANALYSIS, 2020–2030, (USD MILLION) TABLE 72 COLUMBIA DIGITAL REMITTANCE CURRENT AND FUTURE APPLICATION ANALYSIS, 2020–2030, (USD MILLION)
Frequently Asked Questions
What is the future market value of the ?
The current market value for is expected USD XX million/billion by 2022.
What is the CAGR of the Market?
The is to grow at a CAGR of 5.3% during the forecast by 2032.
What is the Market segment?
On the basis of type, the is segmented into Types.