Global Digital Remittance Market Breakdown by Application (Consumer, Enterprise) by Type (Domestic Money Transfer, International Money Transfer) by Remittance Type (Inward Digital Remittance, Outward Digital Remittance) by Channel (Banks, Money Transfer Operators, FinTech Companies) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
Digital Remittance Market Seeking Excellent Growth
1. The Global Digital Remittance Market
was valued at USD 19.65 Billion in 2024
and is expected to reach USD 21.83
Billion by 2030, growing at a CAGR of
15.6 % during 2024-2030.
2. Digital Remittance Market Definition & Scope
Digital remittance Market Growth Overview refers to the transfer of
money from one location to another through electronic channels
such as the internet, mobile applications, or other digital
platforms. This type of remittance service allows people to send
money quickly, securely, and at lower costs compared to traditional
methods, such as wire transfers or bank drafts.
4. Digital Remittance Market Type
Domestic Money Transfer
International Money Transfer
0
0.5
1
1.5
2
2.5
3
3.5
4
4.5
5
Type I Type II Type III
Market Type
Series 1 Series 2 Series 3
5. Digital Remittance Market by Application
• Consumer
• Enterprise
0
0.5
1
1.5
2
2.5
3
3.5
4
4.5
5
Application I Application II Application III
Market Application
Series 1 Series 2 Series 3
6. Digital Remittance market Key Players
Some of the key players profiled in the study are –
• Western Union (WU) (United States)
• Ria Financial Services (United States)
• PayPal/Xoom (United States)
• TransferWise (United Kingdom)
• WorldRemit (United Kingdom)
• MoneyGram (United States)
• Remitly (United States)
• Azimo (United Kingdom)
• TransferGo (United Kingdom)
• InstaReM (Singapore)
Companies
Western Union
(WU) (United
States)
Ria Financial
Services
(United
States)
PayPal/Xoom
(United
States)
TransferWise
(United
Kingdom)
WorldRemit
(United
Kingdom)
MoneyGram
(United
States)
Remitly
(United
States)
Azimo
(United
Kingdom)
TransferGo
(United
Kingdom)
InstaReM
(Singapore)
7. Regions
If opting for the Global version of Digital
Remittance Market; then the below country
analysis would be included:
• North America (the USA, Canada, and Mexico)
• Europe (Germany, France, the United Kingdom,
Netherlands, Italy, Nordic Nations, Spain,
Switzerland, and the Rest of Europe)
• Asia-Pacific (China, Japan, Australia, New
Zealand, South Korea, India, Southeast Asia, and
the Rest of APAC)
• South America (Brazil, Argentina, Chile,
Colombia, the Rest of the countries, etc.)
• The Middle East and Africa (Saudi Arabia, United
Arab Emirates, Israel, Egypt, Turkey, Nigeria,
South Africa, Rest of MEA)
9. Get Detailed Overview of Report
Global Digital Remittance Market Growth 2024-2030 is the latest research study released
by HTF MI evaluating the market risk side analysis, highlighting opportunities, and
leveraging with strategic and tactical decision-making support.
Read Detailed Index of full Research Study at @
https://www.htfmarketintelligence.com/report/global-digital-remittance-market
10. Contact Us
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Nidhi Bhavsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com
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