Global Digital Remittance Market Overview

Digital Remittance Market size is projected to reach xxxx units by 2025 from an estimated xxxx unit in 2019, growing at a CAGR of xx% globally.

Introspective Market Research provides the newest industry data about Digital Remittance Market and industry future trends, allowing you to identify the products and end users driving revenue growth and profitability. The Digital Remittance industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

Scope of the Digital Remittance Market

The main goal of this report is to help users understand the Digital Remittance market in terms of its definition, segmentation, market potential, influential trends, and challenges facing the market. In-depth research and analysis took place while preparing the report. Readers will find this report very helpful to in-depth understanding of the market.

Market Segmentation



Players Covered in Digital Remittance market are :

  • Western Union (WU)
  • Ria Financial Services
  • PayPal/Xoom
  • TransferWise
  • WorldRemit
  • MoneyGram
  • Remitly
  • Azimo
  • TransferGo
  • InstaReM
  • TNG Wallet
  • Coins.ph
  • Toast
  • OrbitRemit
  • Smiles/Digital Wallet Corporation
  • Avenues India Pvt Ltd
  • FlyRemit

Digital Remittance Market - Overview and Outlook by Potential Growth
Segmentations by Type
  • Banks Digital Remittance
  • Digital Money Transfer Operators
by Application
  • Migrant Labor Workforce
  • Study Abroad and Travel
  • Small Businesses
  • Others
by Region
  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
  • Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of South America)
Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  3.5.1 Drivers
  3.5.2 Restraints
  3.5.3 Opportunities
  3.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 4: Digital Remittance Market by Type
 4.1 Digital Remittance Market Overview Snapshot and Growth Engine
 4.2 Digital Remittance Market Overview
 4.3 Banks Digital Remittance
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size (2016-2028F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Banks Digital Remittance: Grographic Segmentation
 4.4 Digital Money Transfer Operators
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size (2016-2028F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Digital Money Transfer Operators: Grographic Segmentation

Chapter 5: Digital Remittance Market by Application
 5.1 Digital Remittance Market Overview Snapshot and Growth Engine
 5.2 Digital Remittance Market Overview
 5.3 Migrant Labor Workforce
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Migrant Labor Workforce: Grographic Segmentation
 5.4 Study Abroad and Travel
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Study Abroad and Travel: Grographic Segmentation
 5.5 Small Businesses
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Small Businesses: Grographic Segmentation
 5.6 Others
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Others: Grographic Segmentation

Chapter 6: Company Profiles and Competitive Analysis
 6.1 Competitive Landscape
  6.1.1 Competitive Positioning
  6.1.2 Digital Remittance Sales and Market Share By Players
  6.1.3 Industry BCG Matrix
  6.1.4 Ansoff Matrix
  6.1.5 Digital Remittance Industry Concentration Ratio (CR5 and HHI)
  6.1.6 Top 5 Digital Remittance Players Market Share
  6.1.7 Mergers and Acquisitions
  6.1.8 Business Strategies By Top Players
 6.2 WESTERN UNION (WU)
  6.2.1 Company Overview
  6.2.2 Key Executives
  6.2.3 Company Snapshot
  6.2.4 Operating Business Segments
  6.2.5 Product Portfolio
  6.2.6 Business Performance
  6.2.7 Key Strategic Moves and Recent Developments
  6.2.8 SWOT Analysis
 6.3 RIA FINANCIAL SERVICES
 6.4 PAYPAL/XOOM
 6.5 TRANSFERWISE
 6.6 WORLDREMIT
 6.7 MONEYGRAM
 6.8 REMITLY
 6.9 AZIMO
 6.10 TRANSFERGO
 6.11 INSTAREM
 6.12 TNG WALLET
 6.13 COINS.PH
 6.14 TOAST
 6.15 ORBITREMIT
 6.16 SMILES/DIGITAL WALLET CORPORATION
 6.17 AVENUES INDIA PVT LTD
 6.18 FLYREMIT

Chapter 7: Global Digital Remittance Market Analysis, Insights and Forecast, 2016-2028
 7.1 Market Overview
 7.2 Historic and Forecasted Market Size By Type
  7.2.1 Banks Digital Remittance
  7.2.2 Digital Money Transfer Operators
 7.3 Historic and Forecasted Market Size By Application
  7.3.1 Migrant Labor Workforce
  7.3.2 Study Abroad and Travel
  7.3.3 Small Businesses
  7.3.4 Others

Chapter 8: North America Digital Remittance Market Analysis, Insights and Forecast, 2016-2028
 8.1 Key Market Trends, Growth Factors and Opportunities
 8.2 Impact of Covid-19
 8.3 Key Players
 8.4 Key Market Trends, Growth Factors and Opportunities
 8.4 Historic and Forecasted Market Size By Type
  8.4.1 Banks Digital Remittance
  8.4.2 Digital Money Transfer Operators
 8.5 Historic and Forecasted Market Size By Application
  8.5.1 Migrant Labor Workforce
  8.5.2 Study Abroad and Travel
  8.5.3 Small Businesses
  8.5.4 Others
 8.6 Historic and Forecast Market Size by Country
  8.6.1 U.S.
  8.6.2 Canada
  8.6.3 Mexico

Chapter 9: Europe Digital Remittance Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Type
  9.4.1 Banks Digital Remittance
  9.4.2 Digital Money Transfer Operators
 9.5 Historic and Forecasted Market Size By Application
  9.5.1 Migrant Labor Workforce
  9.5.2 Study Abroad and Travel
  9.5.3 Small Businesses
  9.5.4 Others
 9.6 Historic and Forecast Market Size by Country
  9.6.1 Germany
  9.6.2 U.K.
  9.6.3 France
  9.6.4 Italy
  9.6.5 Russia
  9.6.6 Spain

Chapter 10: Asia-Pacific Digital Remittance Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Type
  10.4.1 Banks Digital Remittance
  10.4.2 Digital Money Transfer Operators
 10.5 Historic and Forecasted Market Size By Application
  10.5.1 Migrant Labor Workforce
  10.5.2 Study Abroad and Travel
  10.5.3 Small Businesses
  10.5.4 Others
 10.6 Historic and Forecast Market Size by Country
  10.6.1 China
  10.6.2 India
  10.6.3 Japan
  10.6.4 Southeast Asia

Chapter 11: South America Digital Remittance Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Banks Digital Remittance
  11.4.2 Digital Money Transfer Operators
 11.5 Historic and Forecasted Market Size By Application
  11.5.1 Migrant Labor Workforce
  11.5.2 Study Abroad and Travel
  11.5.3 Small Businesses
  11.5.4 Others
 11.6 Historic and Forecast Market Size by Country
  11.6.1 Brazil
  11.6.2 Argentina

Chapter 12: Middle East & Africa Digital Remittance Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Banks Digital Remittance
  12.4.2 Digital Money Transfer Operators
 12.5 Historic and Forecasted Market Size By Application
  12.5.1 Migrant Labor Workforce
  12.5.2 Study Abroad and Travel
  12.5.3 Small Businesses
  12.5.4 Others
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Saudi Arabia
  12.6.2 South Africa

Chapter 13 Investment Analysis

Chapter 14 Analyst Viewpoint and Conclusion
Digital Remittance Market - Overview and Outlook by Potential Growth
Segmentations by Type
  • Banks Digital Remittance
  • Digital Money Transfer Operators
by Application
  • Migrant Labor Workforce
  • Study Abroad and Travel
  • Small Businesses
  • Others
by Region
  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
  • Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of South America)
LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. DIGITAL REMITTANCE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. DIGITAL REMITTANCE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. DIGITAL REMITTANCE MARKET COMPETITIVE RIVALRY
TABLE 005. DIGITAL REMITTANCE MARKET THREAT OF NEW ENTRANTS
TABLE 006. DIGITAL REMITTANCE MARKET THREAT OF SUBSTITUTES
TABLE 007. DIGITAL REMITTANCE MARKET BY TYPE
TABLE 008. BANKS DIGITAL REMITTANCE MARKET OVERVIEW (2016-2028)
TABLE 009. DIGITAL MONEY TRANSFER OPERATORS MARKET OVERVIEW (2016-2028)
TABLE 010. DIGITAL REMITTANCE MARKET BY APPLICATION
TABLE 011. MIGRANT LABOR WORKFORCE MARKET OVERVIEW (2016-2028)
TABLE 012. STUDY ABROAD AND TRAVEL MARKET OVERVIEW (2016-2028)
TABLE 013. SMALL BUSINESSES MARKET OVERVIEW (2016-2028)
TABLE 014. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 015. NORTH AMERICA DIGITAL REMITTANCE MARKET, BY TYPE (2016-2028)
TABLE 016. NORTH AMERICA DIGITAL REMITTANCE MARKET, BY APPLICATION (2016-2028)
TABLE 017. N DIGITAL REMITTANCE MARKET, BY COUNTRY (2016-2028)
TABLE 018. EUROPE DIGITAL REMITTANCE MARKET, BY TYPE (2016-2028)
TABLE 019. EUROPE DIGITAL REMITTANCE MARKET, BY APPLICATION (2016-2028)
TABLE 020. DIGITAL REMITTANCE MARKET, BY COUNTRY (2016-2028)
TABLE 021. ASIA PACIFIC DIGITAL REMITTANCE MARKET, BY TYPE (2016-2028)
TABLE 022. ASIA PACIFIC DIGITAL REMITTANCE MARKET, BY APPLICATION (2016-2028)
TABLE 023. DIGITAL REMITTANCE MARKET, BY COUNTRY (2016-2028)
TABLE 024. MIDDLE EAST & AFRICA DIGITAL REMITTANCE MARKET, BY TYPE (2016-2028)
TABLE 025. MIDDLE EAST & AFRICA DIGITAL REMITTANCE MARKET, BY APPLICATION (2016-2028)
TABLE 026. DIGITAL REMITTANCE MARKET, BY COUNTRY (2016-2028)
TABLE 027. SOUTH AMERICA DIGITAL REMITTANCE MARKET, BY TYPE (2016-2028)
TABLE 028. SOUTH AMERICA DIGITAL REMITTANCE MARKET, BY APPLICATION (2016-2028)
TABLE 029. DIGITAL REMITTANCE MARKET, BY COUNTRY (2016-2028)
TABLE 030. WESTERN UNION (WU): SNAPSHOT
TABLE 031. WESTERN UNION (WU): BUSINESS PERFORMANCE
TABLE 032. WESTERN UNION (WU): PRODUCT PORTFOLIO
TABLE 033. WESTERN UNION (WU): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 033. RIA FINANCIAL SERVICES: SNAPSHOT
TABLE 034. RIA FINANCIAL SERVICES: BUSINESS PERFORMANCE
TABLE 035. RIA FINANCIAL SERVICES: PRODUCT PORTFOLIO
TABLE 036. RIA FINANCIAL SERVICES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 036. PAYPAL/XOOM: SNAPSHOT
TABLE 037. PAYPAL/XOOM: BUSINESS PERFORMANCE
TABLE 038. PAYPAL/XOOM: PRODUCT PORTFOLIO
TABLE 039. PAYPAL/XOOM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 039. TRANSFERWISE: SNAPSHOT
TABLE 040. TRANSFERWISE: BUSINESS PERFORMANCE
TABLE 041. TRANSFERWISE: PRODUCT PORTFOLIO
TABLE 042. TRANSFERWISE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 042. WORLDREMIT: SNAPSHOT
TABLE 043. WORLDREMIT: BUSINESS PERFORMANCE
TABLE 044. WORLDREMIT: PRODUCT PORTFOLIO
TABLE 045. WORLDREMIT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. MONEYGRAM: SNAPSHOT
TABLE 046. MONEYGRAM: BUSINESS PERFORMANCE
TABLE 047. MONEYGRAM: PRODUCT PORTFOLIO
TABLE 048. MONEYGRAM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. REMITLY: SNAPSHOT
TABLE 049. REMITLY: BUSINESS PERFORMANCE
TABLE 050. REMITLY: PRODUCT PORTFOLIO
TABLE 051. REMITLY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. AZIMO: SNAPSHOT
TABLE 052. AZIMO: BUSINESS PERFORMANCE
TABLE 053. AZIMO: PRODUCT PORTFOLIO
TABLE 054. AZIMO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. TRANSFERGO: SNAPSHOT
TABLE 055. TRANSFERGO: BUSINESS PERFORMANCE
TABLE 056. TRANSFERGO: PRODUCT PORTFOLIO
TABLE 057. TRANSFERGO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. INSTAREM: SNAPSHOT
TABLE 058. INSTAREM: BUSINESS PERFORMANCE
TABLE 059. INSTAREM: PRODUCT PORTFOLIO
TABLE 060. INSTAREM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. TNG WALLET: SNAPSHOT
TABLE 061. TNG WALLET: BUSINESS PERFORMANCE
TABLE 062. TNG WALLET: PRODUCT PORTFOLIO
TABLE 063. TNG WALLET: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. COINS.PH: SNAPSHOT
TABLE 064. COINS.PH: BUSINESS PERFORMANCE
TABLE 065. COINS.PH: PRODUCT PORTFOLIO
TABLE 066. COINS.PH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 066. TOAST: SNAPSHOT
TABLE 067. TOAST: BUSINESS PERFORMANCE
TABLE 068. TOAST: PRODUCT PORTFOLIO
TABLE 069. TOAST: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 069. ORBITREMIT: SNAPSHOT
TABLE 070. ORBITREMIT: BUSINESS PERFORMANCE
TABLE 071. ORBITREMIT: PRODUCT PORTFOLIO
TABLE 072. ORBITREMIT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 072. SMILES/DIGITAL WALLET CORPORATION: SNAPSHOT
TABLE 073. SMILES/DIGITAL WALLET CORPORATION: BUSINESS PERFORMANCE
TABLE 074. SMILES/DIGITAL WALLET CORPORATION: PRODUCT PORTFOLIO
TABLE 075. SMILES/DIGITAL WALLET CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 075. AVENUES INDIA PVT LTD: SNAPSHOT
TABLE 076. AVENUES INDIA PVT LTD: BUSINESS PERFORMANCE
TABLE 077. AVENUES INDIA PVT LTD: PRODUCT PORTFOLIO
TABLE 078. AVENUES INDIA PVT LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 078. FLYREMIT: SNAPSHOT
TABLE 079. FLYREMIT: BUSINESS PERFORMANCE
TABLE 080. FLYREMIT: PRODUCT PORTFOLIO
TABLE 081. FLYREMIT: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. DIGITAL REMITTANCE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. DIGITAL REMITTANCE MARKET OVERVIEW BY TYPE
FIGURE 012. BANKS DIGITAL REMITTANCE MARKET OVERVIEW (2016-2028)
FIGURE 013. DIGITAL MONEY TRANSFER OPERATORS MARKET OVERVIEW (2016-2028)
FIGURE 014. DIGITAL REMITTANCE MARKET OVERVIEW BY APPLICATION
FIGURE 015. MIGRANT LABOR WORKFORCE MARKET OVERVIEW (2016-2028)
FIGURE 016. STUDY ABROAD AND TRAVEL MARKET OVERVIEW (2016-2028)
FIGURE 017. SMALL BUSINESSES MARKET OVERVIEW (2016-2028)
FIGURE 018. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 019. NORTH AMERICA DIGITAL REMITTANCE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 020. EUROPE DIGITAL REMITTANCE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. ASIA PACIFIC DIGITAL REMITTANCE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. MIDDLE EAST & AFRICA DIGITAL REMITTANCE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. SOUTH AMERICA DIGITAL REMITTANCE MARKET OVERVIEW BY COUNTRY (2016-2028)
Please Wait...

Frequently Asked Questions :

What would be forecast period in the market research report?
The forecast period in the market research report is 2021-2025.
Who are the key players in Digital Remittance market?
The key players mentioned are Western Union (WU),Ria Financial Services,PayPal/Xoom,TransferWise,WorldRemit,MoneyGram,Remitly,Azimo,TransferGo,InstaReM,TNG Wallet,Coins.ph,Toast,OrbitRemit,Smiles/Digital Wallet Corporation,Avenues India Pvt Ltd,FlyRemit.
What are the segments of Digital Remittance market?
The Digital Remittance market is segmented into application type, product type and region. By Application type, the market is categorized into Migrant Labor Workforce,Study Abroad and Travel,Small Businesses,Others. By product type, it is classified into Banks Digital Remittance, Digital Money Transfer Operators and others. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain etc.), Asia-Pacific (China; India; Japan; Southeast Asia etc.), South America (Brazil; Argentina etc.), Middle East & Africa (Saudi Arabia; South Africa etc.).
What is the Digital Remittance market?
Digital Remittance Market size is projected to reach xxxx units by 2025 from an estimated xxxx unit in 2020, growing at a CAGR of xx% globally.
How big is the Digital Remittance market?
The global Digital Remittance market size was estimated at USD XX billion in 2020 and is expected to reach USD XX billion in 2025.