Report Detail

Request for Sample of this report

Service & Software Global Digital Cross-Border Remittance Market 2024 by Company, Regions, Type and Application, Forecast to 2030

  • RnM4618880
    • |
  • 26 September, 2024
    • |
  • Global
    • |
  • 122 Pages
    • |
  • GIR (Global Info Research)
    • |
  • Service & Software

In this report, we focus on the digital remittance as P2P money remittance that 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 our (Global Info Research) latest study, the global Digital Cross-Border Remittance market size was valued at US$ 8397 million in 2023 and is forecast to a readjusted size of USD 24470 million by 2030 with a CAGR of 16.7% during review period.
Global core digital cross-border remittance manufacturers include DSM, Wise (TransferWise) etc.The top 2 companies hold a share about 30%. North America is the largest market, with a share about 35%, followed by Asia Pacific and Europe with the share about 32% and 14%.In terms of provider, digital money transfer operators is the largest segment, with a share over 85%. And in terms of end user, the largest application is personal customers, followed by micro and small businesses.
This report is a detailed and comprehensive analysis for global Digital Cross-Border Remittance market. Both quantitative and qualitative analyses are presented by company, by region & country, By Provider and By End User. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Digital Cross-Border Remittance market size and forecasts, in consumption value ($ Million), 2019-2030
Global Digital Cross-Border Remittance market size and forecasts by region and country, in consumption value ($ Million), 2019-2030
Global Digital Cross-Border Remittance market size and forecasts, By Provider and By End User, in consumption value ($ Million), 2019-2030
Global Digital Cross-Border Remittance market shares of main players, in revenue ($ Million), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Digital Cross-Border Remittance
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Digital Cross-Border Remittance market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Western Union (WU), Wise (TransferWise), Zepz (WorldRemit, Sendwave), Remitly, Ria Financial Services (Euronet), PayPal/Xoom, MoneyGram, Flywire, TransferGo, OrbitRemit, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Digital Cross-Border Remittance market is split By Provider and By End User. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value By Provider and By End User. This analysis can help you expand your business by targeting qualified niche markets.
Market segmentation
Digital Cross-Border Remittance market is split By Provider and By End User. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value By Provider and By End User. This analysis can help you expand your business by targeting qualified niche markets.
Market segment By Provider
Digital Money Transfer Operators
Bank Digital Remittance
Market segment By End User
Personal Customers
Micro and Small Businesses
Market segment by players, this report covers
Western Union (WU)
Wise (TransferWise)
Zepz (WorldRemit, Sendwave)
Remitly
Ria Financial Services (Euronet)
PayPal/Xoom
MoneyGram
Flywire
TransferGo
OrbitRemit
Intermex
Azimo
NIUM, Inc (Instarem)
TNG FinTech
Smiles/Digital Wallet Corporation
Small World
Coins.ph
SingX
FlyRemit
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Digital Cross-Border Remittance product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Digital Cross-Border Remittance, with revenue, gross margin, and global market share of Digital Cross-Border Remittance from 2019 to 2024.
Chapter 3, the Digital Cross-Border Remittance competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size By Provider and By End User, with consumption value and growth rate By Provider, By End User, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Digital Cross-Border Remittance market forecast, by regions, By Provider and By End User, with consumption value, from 2024 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Digital Cross-Border Remittance.
Chapter 13, to describe Digital Cross-Border Remittance research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Classification of Digital Cross-Border Remittance By Provider
    • 1.3.1 Overview: Global Digital Cross-Border Remittance Market Size By Provider: 2019 Versus 2023 Versus 2030
    • 1.3.2 Global Digital Cross-Border Remittance Consumption Value Market Share By Provider in 2023
    • 1.3.3 Digital Money Transfer Operators
    • 1.3.4 Bank Digital Remittance
  • 1.4 Global Digital Cross-Border Remittance Market By End User
    • 1.4.1 Overview: Global Digital Cross-Border Remittance Market Size By End User: 2019 Versus 2023 Versus 2030
    • 1.4.2 Personal Customers
    • 1.4.3 Micro and Small Businesses
  • 1.5 Global Digital Cross-Border Remittance Market Size & Forecast
  • 1.6 Global Digital Cross-Border Remittance Market Size and Forecast by Region
    • 1.6.1 Global Digital Cross-Border Remittance Market Size by Region: 2019 VS 2023 VS 2030
    • 1.6.2 Global Digital Cross-Border Remittance Market Size by Region, (2019-2030)
    • 1.6.3 North America Digital Cross-Border Remittance Market Size and Prospect (2019-2030)
    • 1.6.4 Europe Digital Cross-Border Remittance Market Size and Prospect (2019-2030)
    • 1.6.5 Asia-Pacific Digital Cross-Border Remittance Market Size and Prospect (2019-2030)
    • 1.6.6 South America Digital Cross-Border Remittance Market Size and Prospect (2019-2030)
    • 1.6.7 Middle East & Africa Digital Cross-Border Remittance Market Size and Prospect (2019-2030)

2 Company Profiles

  • 2.1 Western Union (WU)
    • 2.1.1 Western Union (WU) Details
    • 2.1.2 Western Union (WU) Major Business
    • 2.1.3 Western Union (WU) Digital Cross-Border Remittance Product and Solutions
    • 2.1.4 Western Union (WU) Digital Cross-Border Remittance Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 Western Union (WU) Recent Developments and Future Plans
  • 2.2 Wise (TransferWise)
    • 2.2.1 Wise (TransferWise) Details
    • 2.2.2 Wise (TransferWise) Major Business
    • 2.2.3 Wise (TransferWise) Digital Cross-Border Remittance Product and Solutions
    • 2.2.4 Wise (TransferWise) Digital Cross-Border Remittance Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 Wise (TransferWise) Recent Developments and Future Plans
  • 2.3 Zepz (WorldRemit, Sendwave)
    • 2.3.1 Zepz (WorldRemit, Sendwave) Details
    • 2.3.2 Zepz (WorldRemit, Sendwave) Major Business
    • 2.3.3 Zepz (WorldRemit, Sendwave) Digital Cross-Border Remittance Product and Solutions
    • 2.3.4 Zepz (WorldRemit, Sendwave) Digital Cross-Border Remittance Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 Zepz (WorldRemit, Sendwave) Recent Developments and Future Plans
  • 2.4 Remitly
    • 2.4.1 Remitly Details
    • 2.4.2 Remitly Major Business
    • 2.4.3 Remitly Digital Cross-Border Remittance Product and Solutions
    • 2.4.4 Remitly Digital Cross-Border Remittance Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 Remitly Recent Developments and Future Plans
  • 2.5 Ria Financial Services (Euronet)
    • 2.5.1 Ria Financial Services (Euronet) Details
    • 2.5.2 Ria Financial Services (Euronet) Major Business
    • 2.5.3 Ria Financial Services (Euronet) Digital Cross-Border Remittance Product and Solutions
    • 2.5.4 Ria Financial Services (Euronet) Digital Cross-Border Remittance Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 Ria Financial Services (Euronet) Recent Developments and Future Plans
  • 2.6 PayPal/Xoom
    • 2.6.1 PayPal/Xoom Details
    • 2.6.2 PayPal/Xoom Major Business
    • 2.6.3 PayPal/Xoom Digital Cross-Border Remittance Product and Solutions
    • 2.6.4 PayPal/Xoom Digital Cross-Border Remittance Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 PayPal/Xoom Recent Developments and Future Plans
  • 2.7 MoneyGram
    • 2.7.1 MoneyGram Details
    • 2.7.2 MoneyGram Major Business
    • 2.7.3 MoneyGram Digital Cross-Border Remittance Product and Solutions
    • 2.7.4 MoneyGram Digital Cross-Border Remittance Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 MoneyGram Recent Developments and Future Plans
  • 2.8 Flywire
    • 2.8.1 Flywire Details
    • 2.8.2 Flywire Major Business
    • 2.8.3 Flywire Digital Cross-Border Remittance Product and Solutions
    • 2.8.4 Flywire Digital Cross-Border Remittance Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 Flywire Recent Developments and Future Plans
  • 2.9 TransferGo
    • 2.9.1 TransferGo Details
    • 2.9.2 TransferGo Major Business
    • 2.9.3 TransferGo Digital Cross-Border Remittance Product and Solutions
    • 2.9.4 TransferGo Digital Cross-Border Remittance Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 TransferGo Recent Developments and Future Plans
  • 2.10 OrbitRemit
    • 2.10.1 OrbitRemit Details
    • 2.10.2 OrbitRemit Major Business
    • 2.10.3 OrbitRemit Digital Cross-Border Remittance Product and Solutions
    • 2.10.4 OrbitRemit Digital Cross-Border Remittance Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 OrbitRemit Recent Developments and Future Plans
  • 2.11 Intermex
    • 2.11.1 Intermex Details
    • 2.11.2 Intermex Major Business
    • 2.11.3 Intermex Digital Cross-Border Remittance Product and Solutions
    • 2.11.4 Intermex Digital Cross-Border Remittance Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 Intermex Recent Developments and Future Plans
  • 2.12 Azimo
    • 2.12.1 Azimo Details
    • 2.12.2 Azimo Major Business
    • 2.12.3 Azimo Digital Cross-Border Remittance Product and Solutions
    • 2.12.4 Azimo Digital Cross-Border Remittance Revenue, Gross Margin and Market Share (2019-2024)
    • 2.12.5 Azimo Recent Developments and Future Plans
  • 2.13 NIUM, Inc (Instarem)
    • 2.13.1 NIUM, Inc (Instarem) Details
    • 2.13.2 NIUM, Inc (Instarem) Major Business
    • 2.13.3 NIUM, Inc (Instarem) Digital Cross-Border Remittance Product and Solutions
    • 2.13.4 NIUM, Inc (Instarem) Digital Cross-Border Remittance Revenue, Gross Margin and Market Share (2019-2024)
    • 2.13.5 NIUM, Inc (Instarem) Recent Developments and Future Plans
  • 2.14 TNG FinTech
    • 2.14.1 TNG FinTech Details
    • 2.14.2 TNG FinTech Major Business
    • 2.14.3 TNG FinTech Digital Cross-Border Remittance Product and Solutions
    • 2.14.4 TNG FinTech Digital Cross-Border Remittance Revenue, Gross Margin and Market Share (2019-2024)
    • 2.14.5 TNG FinTech Recent Developments and Future Plans
  • 2.15 Smiles/Digital Wallet Corporation
    • 2.15.1 Smiles/Digital Wallet Corporation Details
    • 2.15.2 Smiles/Digital Wallet Corporation Major Business
    • 2.15.3 Smiles/Digital Wallet Corporation Digital Cross-Border Remittance Product and Solutions
    • 2.15.4 Smiles/Digital Wallet Corporation Digital Cross-Border Remittance Revenue, Gross Margin and Market Share (2019-2024)
    • 2.15.5 Smiles/Digital Wallet Corporation Recent Developments and Future Plans
  • 2.16 Small World
    • 2.16.1 Small World Details
    • 2.16.2 Small World Major Business
    • 2.16.3 Small World Digital Cross-Border Remittance Product and Solutions
    • 2.16.4 Small World Digital Cross-Border Remittance Revenue, Gross Margin and Market Share (2019-2024)
    • 2.16.5 Small World Recent Developments and Future Plans
  • 2.17 Coins.ph
    • 2.17.1 Coins.ph Details
    • 2.17.2 Coins.ph Major Business
    • 2.17.3 Coins.ph Digital Cross-Border Remittance Product and Solutions
    • 2.17.4 Coins.ph Digital Cross-Border Remittance Revenue, Gross Margin and Market Share (2019-2024)
    • 2.17.5 Coins.ph Recent Developments and Future Plans
  • 2.18 SingX
    • 2.18.1 SingX Details
    • 2.18.2 SingX Major Business
    • 2.18.3 SingX Digital Cross-Border Remittance Product and Solutions
    • 2.18.4 SingX Digital Cross-Border Remittance Revenue, Gross Margin and Market Share (2019-2024)
    • 2.18.5 SingX Recent Developments and Future Plans
  • 2.19 FlyRemit
    • 2.19.1 FlyRemit Details
    • 2.19.2 FlyRemit Major Business
    • 2.19.3 FlyRemit Digital Cross-Border Remittance Product and Solutions
    • 2.19.4 FlyRemit Digital Cross-Border Remittance Revenue, Gross Margin and Market Share (2019-2024)
    • 2.19.5 FlyRemit Recent Developments and Future Plans

3 Market Competition, by Players

  • 3.1 Global Digital Cross-Border Remittance Revenue and Share by Players (2019-2024)
  • 3.2 Market Share Analysis (2023)
    • 3.2.1 Market Share of Digital Cross-Border Remittance by Company Revenue
    • 3.2.2 Top 3 Digital Cross-Border Remittance Players Market Share in 2023
    • 3.2.3 Top 6 Digital Cross-Border Remittance Players Market Share in 2023
  • 3.3 Digital Cross-Border Remittance Market: Overall Company Footprint Analysis
    • 3.3.1 Digital Cross-Border Remittance Market: Region Footprint
    • 3.3.2 Digital Cross-Border Remittance Market: Company Product Type Footprint
    • 3.3.3 Digital Cross-Border Remittance Market: Company Product Application Footprint
  • 3.4 New Market Entrants and Barriers to Market Entry
  • 3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment By Provider

  • 4.1 Global Digital Cross-Border Remittance Consumption Value and Market Share By Provider (2019-2024)
  • 4.2 Global Digital Cross-Border Remittance Market Forecast By Provider (2025-2030)

5 Market Size Segment By End User

  • 5.1 Global Digital Cross-Border Remittance Consumption Value Market Share By End User (2019-2024)
  • 5.2 Global Digital Cross-Border Remittance Market Forecast By End User (2025-2030)

6 North America

  • 6.1 North America Digital Cross-Border Remittance Consumption Value By Provider (2019-2030)
  • 6.2 North America Digital Cross-Border Remittance Market Size By End User (2019-2030)
  • 6.3 North America Digital Cross-Border Remittance Market Size by Country
    • 6.3.1 North America Digital Cross-Border Remittance Consumption Value by Country (2019-2030)
    • 6.3.2 United States Digital Cross-Border Remittance Market Size and Forecast (2019-2030)
    • 6.3.3 Canada Digital Cross-Border Remittance Market Size and Forecast (2019-2030)
    • 6.3.4 Mexico Digital Cross-Border Remittance Market Size and Forecast (2019-2030)

7 Europe

  • 7.1 Europe Digital Cross-Border Remittance Consumption Value By Provider (2019-2030)
  • 7.2 Europe Digital Cross-Border Remittance Consumption Value By End User (2019-2030)
  • 7.3 Europe Digital Cross-Border Remittance Market Size by Country
    • 7.3.1 Europe Digital Cross-Border Remittance Consumption Value by Country (2019-2030)
    • 7.3.2 Germany Digital Cross-Border Remittance Market Size and Forecast (2019-2030)
    • 7.3.3 France Digital Cross-Border Remittance Market Size and Forecast (2019-2030)
    • 7.3.4 United Kingdom Digital Cross-Border Remittance Market Size and Forecast (2019-2030)
    • 7.3.5 Russia Digital Cross-Border Remittance Market Size and Forecast (2019-2030)
    • 7.3.6 Italy Digital Cross-Border Remittance Market Size and Forecast (2019-2030)

8 Asia-Pacific

  • 8.1 Asia-Pacific Digital Cross-Border Remittance Consumption Value By Provider (2019-2030)
  • 8.2 Asia-Pacific Digital Cross-Border Remittance Consumption Value By End User (2019-2030)
  • 8.3 Asia-Pacific Digital Cross-Border Remittance Market Size by Region
    • 8.3.1 Asia-Pacific Digital Cross-Border Remittance Consumption Value by Region (2019-2030)
    • 8.3.2 China Digital Cross-Border Remittance Market Size and Forecast (2019-2030)
    • 8.3.3 Japan Digital Cross-Border Remittance Market Size and Forecast (2019-2030)
    • 8.3.4 South Korea Digital Cross-Border Remittance Market Size and Forecast (2019-2030)
    • 8.3.5 India Digital Cross-Border Remittance Market Size and Forecast (2019-2030)
    • 8.3.6 Southeast Asia Digital Cross-Border Remittance Market Size and Forecast (2019-2030)
    • 8.3.7 Australia Digital Cross-Border Remittance Market Size and Forecast (2019-2030)

9 South America

  • 9.1 South America Digital Cross-Border Remittance Consumption Value By Provider (2019-2030)
  • 9.2 South America Digital Cross-Border Remittance Consumption Value By End User (2019-2030)
  • 9.3 South America Digital Cross-Border Remittance Market Size by Country
    • 9.3.1 South America Digital Cross-Border Remittance Consumption Value by Country (2019-2030)
    • 9.3.2 Brazil Digital Cross-Border Remittance Market Size and Forecast (2019-2030)
    • 9.3.3 Argentina Digital Cross-Border Remittance Market Size and Forecast (2019-2030)

10 Middle East & Africa

  • 10.1 Middle East & Africa Digital Cross-Border Remittance Consumption Value By Provider (2019-2030)
  • 10.2 Middle East & Africa Digital Cross-Border Remittance Consumption Value By End User (2019-2030)
  • 10.3 Middle East & Africa Digital Cross-Border Remittance Market Size by Country
    • 10.3.1 Middle East & Africa Digital Cross-Border Remittance Consumption Value by Country (2019-2030)
    • 10.3.2 Turkey Digital Cross-Border Remittance Market Size and Forecast (2019-2030)
    • 10.3.3 Saudi Arabia Digital Cross-Border Remittance Market Size and Forecast (2019-2030)
    • 10.3.4 UAE Digital Cross-Border Remittance Market Size and Forecast (2019-2030)

11 Market Dynamics

  • 11.1 Digital Cross-Border Remittance Market Drivers
  • 11.2 Digital Cross-Border Remittance Market Restraints
  • 11.3 Digital Cross-Border Remittance Trends Analysis
  • 11.4 Porters Five Forces Analysis
    • 11.4.1 Threat of New Entrants
    • 11.4.2 Bargaining Power of Suppliers
    • 11.4.3 Bargaining Power of Buyers
    • 11.4.4 Threat of Substitutes
    • 11.4.5 Competitive Rivalry

12 Industry Chain Analysis

  • 12.1 Digital Cross-Border Remittance Industry Chain
  • 12.2 Digital Cross-Border Remittance Upstream Analysis
  • 12.3 Digital Cross-Border Remittance Midstream Analysis
  • 12.4 Digital Cross-Border Remittance Downstream Analysis

13 Research Findings and Conclusion

    14 Appendix

    • 14.1 Methodology
    • 14.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Digital Cross-Border Remittance. Industry analysis & Market Report on Digital Cross-Border Remittance is a syndicated market report, published as Global Digital Cross-Border Remittance Market 2024 by Company, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Digital Cross-Border Remittance market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

    Last updated on

    REPORT YOU MIGHT BE INTERESTED

    Purchase this Report

    		$3,480.00
    		$5,220.00
    		$6,960.00
    		2,599.56
    		3,899.34
    		5,199.12
    		3,118.08
    		4,677.12
    		6,236.16
    		496,944.00
    		745,416.00
    		993,888.00
    		291,310.80
    		436,966.20
    		582,621.60
    Credit card Logo
    Sample Question Discount Download PDF

    Related Reports

    Reason to Buy

    • Trusted By Leaders

      Top executives from leading companies purchase research reports from us. 

    • Shop With Confidence

      We assist you with all the pre-sales enquiries related to any report so that you can buy with confidence.

    • Customer Centric

      Need assistance related to your research requirements? We are just a phone call or an email away.

    • Personalized Solutions

      Our experienced research specialists are here to help you locate the right reports for your need.

    • Secure Checkout

      Shop without being worried about safety & security of your transactions.
      •

    Request for Sample of this report

    Reports and Markets

    mcafree

    Contact Us

    +1-352-353-0818 (US)

    info@reportsandmarkets.com

    Support

    EMAIL US

    Newsletter

    KEEP UP TO DATE ON ALL THE LATEST REPORTS


    maxmind_logo