Global Digital Remittance Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030

Global Digital Remittance Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030


Summary

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’s digital remittance revenue is only for online money transfer, though WU’s branded website, including through their mobile devices, PC and tablet etc.).

According to APO Research, The global Digital Remittance market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Digital Remittance is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Digital Remittance is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The China market for Digital Remittance is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Digital Remittance is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global companies of Digital Remittance include Western Union (WU), Ria Financial Services (Euronet), PayPal/Xoom, Wise, Zepz (WorldRemit, Sendwave), MoneyGram, Remitly, Azimo and TransferGo, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
Report Includes

This report presents an overview of global market for Digital Remittance, market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Digital Remittance, also provides the revenue of main regions and countries. Of the upcoming market potential for Digital Remittance, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Digital Remittance revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Digital Remittance market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Digital Remittance revenue, projected growth trends, production technology, application and end-user industry.

Digital Remittance segment by Company

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
Digital Remittance segment by Provider
Digital Money Transfer Operators
Banks Digital Remittance
Digital Remittance segment by End User
Personal Customers
Micro and Small Businesses
Digital Remittance segment by Region

North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia

Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Digital Remittance market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Digital Remittance and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Digital Remittance.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. Revenue of Digital Remittance in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Digital Remittance industry.
Chapter 3: Detailed analysis of Digital Remittance companies' competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Digital Remittancerevenue, gross margin, and recent development, etc.
Chapter 7: North America (US & Canada) by type, by application and by country, revenue for each segment.
Chapter 8: Europe by type, by application and by country, revenue for each segment.
Chapter 9: China by type, and by application, revenue for each segment.
Chapter 10: Asia (excluding China) by type, by application and by region, revenue for each segment.
Chapter 11: MEALA by type, by application and by country, revenue for each segment.
Chapter 12: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Market Analysis by Type
1.2.1 Global Digital Remittance Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Digital Money Transfer Operators
1.2.3 Banks Digital Remittance
1.3 Market Analysis by Application
1.3.1 Global Digital Remittance Market Size Growth Rate by Application: 2019 VS 2023 VS 2030
1.3.2 Personal Customers
1.3.3 Micro and Small Businesses
1.4 Global Market Growth Prospects
1.5 Global Digital Remittance Growth Trends by Region
1.5.1 Global Digital Remittance Market Size by Region: 2019 VS 2023 VS 2030
1.5.2 Digital Remittance Market Size by Region (2019-2024)
1.5.3 Digital Remittance Market Size by Region (2025-2030)
1.6 Assumptions and Limitations
1.7 Study Goals and Objectives
1.8 Years Considered
2 Global Digital Remittance Market Dynamics
2.1 Digital Remittance Industry Trends
2.2 Digital Remittance Industry Drivers
2.3 Digital Remittance Industry Opportunities and Challenges
2.4 Digital Remittance Industry Restraints
3 Competitive Landscape by Company
3.1 Global Digital Remittance Revenue by Company (2019-2024)
3.2 Global Digital Remittance Players Revenue Ranking, 2022 VS 2023 VS 2024
3.3 Global Digital Remittance Key Company Head office and Area Served
3.4 Global Digital Remittance Company, Product Type & Application
3.5 Global Digital Remittance Company Commercialization Time
3.6 Market Competitive Analysis
3.6.1 Global Digital Remittance Market CR5 and HHI
3.6.2 Global Top 5 and 10 Digital Remittance Players Market Share by Revenue in 2023
3.6.3 2023 Digital Remittance Tier 1, Tier 2, and Tier 3
4 Digital Remittance Market by Type
4.1 Global Digital Remittance Market Size by Type (2019 VS 2023 VS 2030)
4.2 Global Digital Remittance Market Size by Type (2019-2030)
4.3 Global Digital Remittance Market Size Share by Type (2019-2030)
5 Digital Remittance Market by Application
5.1 Global Digital Remittance Market Size by Application (2019 VS 2023 VS 2030)
5.2 Global Digital Remittance Market Size by Application (2019-2030)
5.3 Global Digital Remittance Market Size Share by Application (2019-2030)
6 Company Profiles
6.1 Western Union (WU)
6.1.1 Western Union (WU) Comapny Information
6.1.2 Western Union (WU) Business Overview
6.1.3 Western Union (WU) Digital Remittance Revenue and Gross Margin (US$ Million) & (2019-2024)
6.1.4 Western Union (WU) Digital Remittance Product Portfolio
6.1.5 Western Union (WU) Recent Developments
6.2 Ria Financial Services (Euronet)
6.2.1 Ria Financial Services (Euronet) Comapny Information
6.2.2 Ria Financial Services (Euronet) Business Overview
6.2.3 Ria Financial Services (Euronet) Digital Remittance Revenue and Gross Margin (US$ Million) & (2019-2024)
6.2.4 Ria Financial Services (Euronet) Digital Remittance Product Portfolio
6.2.5 Ria Financial Services (Euronet) Recent Developments
6.3 PayPal/Xoom
6.3.1 PayPal/Xoom Comapny Information
6.3.2 PayPal/Xoom Business Overview
6.3.3 PayPal/Xoom Digital Remittance Revenue and Gross Margin (US$ Million) & (2019-2024)
6.3.4 PayPal/Xoom Digital Remittance Product Portfolio
6.3.5 PayPal/Xoom Recent Developments
6.4 Wise
6.4.1 Wise Comapny Information
6.4.2 Wise Business Overview
6.4.3 Wise Digital Remittance Revenue and Gross Margin (US$ Million) & (2019-2024)
6.4.4 Wise Digital Remittance Product Portfolio
6.4.5 Wise Recent Developments
6.5 Zepz (WorldRemit, Sendwave)
6.5.1 Zepz (WorldRemit, Sendwave) Comapny Information
6.5.2 Zepz (WorldRemit, Sendwave) Business Overview
6.5.3 Zepz (WorldRemit, Sendwave) Digital Remittance Revenue and Gross Margin (US$ Million) & (2019-2024)
6.5.4 Zepz (WorldRemit, Sendwave) Digital Remittance Product Portfolio
6.5.5 Zepz (WorldRemit, Sendwave) Recent Developments
6.6 MoneyGram
6.6.1 MoneyGram Comapny Information
6.6.2 MoneyGram Business Overview
6.6.3 MoneyGram Digital Remittance Revenue and Gross Margin (US$ Million) & (2019-2024)
6.6.4 MoneyGram Digital Remittance Product Portfolio
6.6.5 MoneyGram Recent Developments
6.7 Remitly
6.7.1 Remitly Comapny Information
6.7.2 Remitly Business Overview
6.7.3 Remitly Digital Remittance Revenue and Gross Margin (US$ Million) & (2019-2024)
6.7.4 Remitly Digital Remittance Product Portfolio
6.7.5 Remitly Recent Developments
6.8 Azimo
6.8.1 Azimo Comapny Information
6.8.2 Azimo Business Overview
6.8.3 Azimo Digital Remittance Revenue and Gross Margin (US$ Million) & (2019-2024)
6.8.4 Azimo Digital Remittance Product Portfolio
6.8.5 Azimo Recent Developments
6.9 TransferGo
6.9.1 TransferGo Comapny Information
6.9.2 TransferGo Business Overview
6.9.3 TransferGo Digital Remittance Revenue and Gross Margin (US$ Million) & (2019-2024)
6.9.4 TransferGo Digital Remittance Product Portfolio
6.9.5 TransferGo Recent Developments
6.10 NIUM, Inc (Instarem)
6.10.1 NIUM, Inc (Instarem) Comapny Information
6.10.2 NIUM, Inc (Instarem) Business Overview
6.10.3 NIUM, Inc (Instarem) Digital Remittance Revenue and Gross Margin (US$ Million) & (2019-2024)
6.10.4 NIUM, Inc (Instarem) Digital Remittance Product Portfolio
6.10.5 NIUM, Inc (Instarem) Recent Developments
6.11 TNG FinTech
6.11.1 TNG FinTech Comapny Information
6.11.2 TNG FinTech Business Overview
6.11.3 TNG FinTech Digital Remittance Revenue and Gross Margin (US$ Million) & (2019-2024)
6.11.4 TNG FinTech Digital Remittance Product Portfolio
6.11.5 TNG FinTech Recent Developments
6.12 Coins.ph
6.12.1 Coins.ph Comapny Information
6.12.2 Coins.ph Business Overview
6.12.3 Coins.ph Digital Remittance Revenue and Gross Margin (US$ Million) & (2019-2024)
6.12.4 Coins.ph Digital Remittance Product Portfolio
6.12.5 Coins.ph Recent Developments
6.13 OrbitRemit
6.13.1 OrbitRemit Comapny Information
6.13.2 OrbitRemit Business Overview
6.13.3 OrbitRemit Digital Remittance Revenue and Gross Margin (US$ Million) & (2019-2024)
6.13.4 OrbitRemit Digital Remittance Product Portfolio
6.13.5 OrbitRemit Recent Developments
6.14 Smiles/Digital Wallet Corporation
6.14.1 Smiles/Digital Wallet Corporation Comapny Information
6.14.2 Smiles/Digital Wallet Corporation Business Overview
6.14.3 Smiles/Digital Wallet Corporation Digital Remittance Revenue and Gross Margin (US$ Million) & (2019-2024)
6.14.4 Smiles/Digital Wallet Corporation Digital Remittance Product Portfolio
6.14.5 Smiles/Digital Wallet Corporation Recent Developments
6.15 FlyRemit
6.15.1 FlyRemit Comapny Information
6.15.2 FlyRemit Business Overview
6.15.3 FlyRemit Digital Remittance Revenue and Gross Margin (US$ Million) & (2019-2024)
6.15.4 FlyRemit Digital Remittance Product Portfolio
6.15.5 FlyRemit Recent Developments
6.16 SingX
6.16.1 SingX Comapny Information
6.16.2 SingX Business Overview
6.16.3 SingX Digital Remittance Revenue and Gross Margin (US$ Million) & (2019-2024)
6.16.4 SingX Digital Remittance Product Portfolio
6.16.5 SingX Recent Developments
6.17 Flywire
6.17.1 Flywire Comapny Information
6.17.2 Flywire Business Overview
6.17.3 Flywire Digital Remittance Revenue and Gross Margin (US$ Million) & (2019-2024)
6.17.4 Flywire Digital Remittance Product Portfolio
6.17.5 Flywire Recent Developments
6.18 Intermex
6.18.1 Intermex Comapny Information
6.18.2 Intermex Business Overview
6.18.3 Intermex Digital Remittance Revenue and Gross Margin (US$ Million) & (2019-2024)
6.18.4 Intermex Digital Remittance Product Portfolio
6.18.5 Intermex Recent Developments
6.19 Small World
6.19.1 Small World Comapny Information
6.19.2 Small World Business Overview
6.19.3 Small World Digital Remittance Revenue and Gross Margin (US$ Million) & (2019-2024)
6.19.4 Small World Digital Remittance Product Portfolio
6.19.5 Small World Recent Developments
7 North America
7.1 North America Digital Remittance Market Size (2019-2030)
7.2 North America Digital Remittance Market Size by Type
7.2.1 North America Digital Remittance Market Size by Type (2019-2024)
7.2.2 North America Digital Remittance Market Size by Type (2025-2030)
7.2.3 North America Digital Remittance Market Share by Type (2019-2030)
7.3 North America Digital Remittance Market Size by Application
7.3.1 North America Digital Remittance Market Size by Application (2019-2024)
7.3.2 North America Digital Remittance Market Size by Application (2025-2030)
7.3.3 North America Digital Remittance Market Share by Application (2019-2030)
7.4 North America Digital Remittance Market Size by Country
7.4.1 North America Digital Remittance Market Size by Country (2019 VS 2023 VS 2030)
7.4.2 North America Digital Remittance Market Size by Country (2019-2024)
7.4.3 North America Digital Remittance Market Size by Country (2025-2030)
7.4.4 North America Digital Remittance Market Share by Country (2019-2030)
7.4.5 United States
7.4.6 Canada
8 Europe
8.1 Europe Digital Remittance Market Size (2019-2030)
8.2 Europe Digital Remittance Market Size by Type
8.2.1 Europe Digital Remittance Market Size by Type (2019-2024)
8.2.2 Europe Digital Remittance Market Size by Type (2025-2030)
8.2.3 Europe Digital Remittance Market Share by Type (2019-2030)
8.3 Europe Digital Remittance Market Size by Application
8.3.1 Europe Digital Remittance Market Size by Application (2019-2024)
8.3.2 Europe Digital Remittance Market Size by Application (2025-2030)
8.3.3 Europe Digital Remittance Market Share by Application (2019-2030)
8.4 Europe Digital Remittance Market Size by Country
8.4.1 Europe Digital Remittance Market Size by Country (2019 VS 2023 VS 2030)
8.4.2 Europe Digital Remittance Market Size by Country (2019-2024)
8.4.3 Europe Digital Remittance Market Size by Country (2025-2030)
8.4.4 Europe Digital Remittance Market Share by Country (2019-2030)
8.4.5 Germany
8.4.6 France
8.4.7 U.K.
8.4.8 Italy
8.4.9 Russia
8.4.10 Nordic Countries
9 China
9.1 China Digital Remittance Market Size (2019-2030)
9.2 China Digital Remittance Market Size by Type
9.2.1 China Digital Remittance Market Size by Type (2019-2024)
9.2.2 China Digital Remittance Market Size by Type (2025-2030)
9.2.3 China Digital Remittance Market Share by Type (2019-2030)
9.3 China Digital Remittance Market Size by Application
9.3.1 China Digital Remittance Market Size by Application (2019-2024)
9.3.2 China Digital Remittance Market Size by Application (2025-2030)
9.3.3 China Digital Remittance Market Share by Application (2019-2030)
10 Asia
10.1 Asia Digital Remittance Market Size (2019-2030)
10.2 Asia Digital Remittance Market Size by Type
10.2.1 Asia Digital Remittance Market Size by Type (2019-2024)
10.2.2 Asia Digital Remittance Market Size by Type (2025-2030)
10.2.3 Asia Digital Remittance Market Share by Type (2019-2030)
10.3 Asia Digital Remittance Market Size by Application
10.3.1 Asia Digital Remittance Market Size by Application (2019-2024)
10.3.2 Asia Digital Remittance Market Size by Application (2025-2030)
10.3.3 Asia Digital Remittance Market Share by Application (2019-2030)
10.4 Asia Digital Remittance Market Size by Country
10.4.1 Asia Digital Remittance Market Size by Country (2019 VS 2023 VS 2030)
10.4.2 Asia Digital Remittance Market Size by Country (2019-2024)
10.4.3 Asia Digital Remittance Market Size by Country (2025-2030)
10.4.4 Asia Digital Remittance Market Share by Country (2019-2030)
10.4.5 Japan
10.4.6 South Korea
10.4.7 China Taiwan
10.4.8 Southeast Asia
10.4.9 India
10.4.10 Australia
11 MEALA
11.1 MEALA Digital Remittance Market Size (2019-2030)
11.2 MEALA Digital Remittance Market Size by Type
11.2.1 MEALA Digital Remittance Market Size by Type (2019-2024)
11.2.2 MEALA Digital Remittance Market Size by Type (2025-2030)
11.2.3 MEALA Digital Remittance Market Share by Type (2019-2030)
11.3 MEALA Digital Remittance Market Size by Application
11.3.1 MEALA Digital Remittance Market Size by Application (2019-2024)
11.3.2 MEALA Digital Remittance Market Size by Application (2025-2030)
11.3.3 MEALA Digital Remittance Market Share by Application (2019-2030)
11.4 MEALA Digital Remittance Market Size by Country
11.4.1 MEALA Digital Remittance Market Size by Country (2019 VS 2023 VS 2030)
11.4.2 MEALA Digital Remittance Market Size by Country (2019-2024)
11.4.3 MEALA Digital Remittance Market Size by Country (2025-2030)
11.4.4 MEALA Digital Remittance Market Share by Country (2019-2030)
11.4.5 Brazil
11.4.6 Mexico
11.4.7 Turkey
11.4.8 Israel
11.4.9 GCC Countries
12 Concluding Insights
13 Appendix
13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
13.5.1 Secondary Sources
13.5.2 Primary Sources
13.6 Disclaimer

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