The Global Digital Money Transfer & Remittances Market Report is equipped with market data from 2014 to 2024. The report gives a market overview covering key drivers and risks factors. The report is bifurcated by top global manufactures mentioning sales, revenue and prices as applicable. It also evaluates the competitive scenario of the leading players. The report expands to cover regional market data along with type and application. The report forecasts sales and revenue from 2019 to 2024. The detailed sales channel is also covered in the study.
Digital money transfers — sending money to another person via digital platforms — is a modern convenience that makes transferring funds easier, quicker and enables remote sends.
Scope of the Report:
The research explores the best practice for service deployment, identifies the optimal markets for growth, assesses key player capabilities and provides the most in-depth forecasts across a range of key metrics. The research includes an analysis of the long term implications of, and strategic recommendations
For many payment services, P2P is a service to drive consumer acceptance, rather than a stand-alone, revenue-generating business. Proof of that model is indicated in the typical fee structures; low or no-fee offerings are a way to gain market and mind share. Once they get the app into people’s hands, they then can leverage that with payments for businesses, remittances or for a variety of other financial services.
The global Digital Money Transfer & Remittances market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2024, growing at a CAGR of xx% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Digital Money Transfer & Remittances.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Digital Money Transfer & Remittances market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Digital Money Transfer & Remittances market by product type and applications/end industries.
Market Segment by Companies, this report covers
- 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
- WeChat Payment
- Ant Financial/Alipay
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Domestic Money Transfer
- International Money Transfer
Market Segment by Applications, can be divided into