+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Remittance Market Size, Share & Trends Analysis Report By Mode Of Transfer (Digital, Traditional), By Type (Inward, Outward), By Channel, By End-use, By Region, And Segment Forecasts, 2022 - 2030

  • PDF Icon

    Report

  • 160 Pages
  • December 2022
  • Region: Global
  • Grand View Research
  • ID: 5712481
Description Jump to:
The global remittance market size is expected to reach USD 107.80 billion by 2030, growing at a CAGR of 10.1% from 2022 to 2030. Significant growth in the Banking, Financial Services, and Insurance (BFSI) industry around the world is one of the major factors behind the market's positive outlook. Furthermore, the widespread adoption of digital and automated payment and money transfer solutions is propelling the market’s growth.

Financial organizations are using data-driven and transparent ecosystems for money remittance to expand their business networks and provide low remittance costs to their customers. Technological solutions, including the implementation of real-time banking technology to leverage the capabilities of Immediate Payment Service (IMPS), also contribute to market growth. Other factors, such as rising consumer spending power and rapid urbanization and industrialization, particularly in developing economies, are expected to drive the remittance industry further.

In January 2020, WorldRemit partnered with Alipay, a lifestyle and payment platform. The collaboration enabled customers to use the WorldRemit website or application for international remittances to the Alipay application, bringing convenience and inclusion transfer services to users across the globe. The collaboration with WorldRemit is another step in Alipay's efforts to harness the power of mobile and digital technology to make financial services more affordable and inclusive, particularly for underbanked individuals worldwide.

The COVID-19 pandemic has highlighted the need for updating traditional business models to sustain the evolving business environment. As the virus continued to spread globally, there has been a significant proliferation in demand for digital remittance solutions to transfer money across regions quickly and effectively. As a result, the pandemic is an important growth catalyst for digitizing remittance services.

Remittance Market Report Highlights

  • The digital segment is expected to witness significant growth over the forecast period. The growth can be attributed to the wave of digitalization in developing countries such as India and China
  • The inward remittance segment is expected to witness the fastest growth over the forecast period. The segment’s growth is ascribed to the determination of migrants to support their families back home during the difficult post-pandemic recovery period
  • The online platforms (wallets) segment is expected to witness the fastest growth over the forecast period. The growing prevalence of digital wallets is expected to fuel the growth of the segment. Moreover, several prominent players are expanding their foothold in the remittance and digital wallet market, fueling the segment's growth
  • The migrant labor workforce segment is expected to witness the fastest growth over the forecast period. Remittances from labor migrants have become one of the most important components of financial flows to developing countries, driving the segments’ growth over the forecast period
  • The Asia Pacific is anticipated to emerge as the fastest-growing region owing to a broader customer base and a substantial number of key market players and innovators in the region. Additionally, countries such as India, China, and the Philippines, are adopting new technologies to offer better services, which bodes well for the regional market's growth


This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1 Methodology and Scope
1.1. Research Methodology
1.2. Research Scope and Assumptions
1.3. List of Data Sources
Chapter 2 Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3 Remittance Industry Outlook
3.1. Market Segmentation and Scope
3.2. Remittance Market - Value Chain Analysis
3.3. Remittance Market - Market Dynamics
3.3.1. Market driver analysis
3.3.1.1. Increasing migrant population
3.3.1.2. Proliferation of smartphones and digitization of money
3.3.1.3. Collaborations between players and government initiatives
3.3.2. Market challenge analysis
3.3.2.1. Labor supply and culture of dependency
3.4. Remittance Market - Porter’s Five Forces Analysis
3.5. Remittance Market - PESTEL Analysis
Chapter 4 Remittance Mode of Transfer Outlook
4.1. Remittance Market Share By Mode of Transfer, 2021
4.2. Digital
4.2.1. Digital remittance market, 2017 - 2030
4.3. Traditional (Non-digital)
4.3.1. Traditional (non-digital) remittance market, 2017 - 2030
Chapter 5 Remittance Type Outlook
5.1. Remittance Market Share By Type, 2021
5.2. Inward Remittance
5.2.1. Inward remittance market, 2017 - 2030
5.3. Outward Remittance
5.3.1. Outward remittance market, 2017 - 2030
Chapter 6 Remittance Channel Outlook
6.1. Remittance Market Share By Channel, 2021
6.2. Banks
6.2.1. Remittance market by banks, 2017 - 2030
6.3. Money Transfer Operators
6.3.1. Remittance market by money transfer operators, 2017 - 2030
6.4. Online Platforms (Wallets)
6.4.1. Remittance market by online platforms (wallets), 2017 - 2030
Chapter 7 Remittance End-use Outlook
7.1. Remittance Market Share By End-use, 2021
7.2. Migrant Labor Workforce
7.2.1. Remittance market for migrant labor workforce, 2017 - 2030
7.3. Personal
7.3.1. Remittance market for personal, 2017 - 2030
7.4. Small Businesses
7.4.1. Remittance market for small businesses, 2017 - 2030
7.5. Others
7.5.1. Remittance market for others, 2017 - 2030
Chapter 8 Remittance Regional Outlook
8.1. Remittance Market Share By Region, 2021
8.2. North America
8.2.1. North America remittance market, 2017 - 2030
8.2.2. North America remittance market, by mode of transfer, 2017 - 2030
8.2.3. North America remittance market, by type, 2017 - 2030
8.2.4. North America remittance market, by channel, 2017 - 2030
8.2.5. North America remittance market, by end-use, 2017 - 2030
8.2.6. U.S.
8.2.6.1. U.S. remittance market, 2017 - 2030
8.2.6.2. U.S. remittance market, by mode of transfer, 2017 - 2030
8.2.6.3. U.S. remittance market, by type, 2017 - 2030
8.2.6.4. U.S. remittance market, by channel, 2017 - 2030
8.2.6.5. U.S. remittance market, by end-use, 2017 - 2030
8.2.7. Canada
8.2.7.1. Canada remittance market, 2017 - 2030
8.2.7.2. Canada remittance market, by mode of transfer, 2017 - 2030
8.2.7.3. Canada remittance market, by type, 2017 - 2030
8.2.7.4. Canada remittance market, by channel, 2017 - 2030
8.2.7.5. Canada remittance market, by end-use, 2017 - 2030
8.3. Europe
8.3.1. Europe remittance market, 2017 - 2030
8.3.2. Europe remittance market, by mode of transfer, 2017 - 2030
8.3.3. Europe remittance market, by type, 2017 - 2030
8.3.4. Europe remittance market, by channel, 2017 - 2030
8.3.5. Europe remittance market, by end-use, 2017 - 2030
8.3.6. U.K.
8.3.6.1. U.K. remittance market, 2017 - 2030
8.3.6.2. U.K. remittance market, by mode of transfer, 2017 - 2030
8.3.6.3. U.K. remittance market, by type, 2017 - 2030
8.3.6.4. U.K. remittance market, by channel, 2017 - 2030
8.3.6.5. U.K. remittance market, by end-use, 2017 - 2030
8.3.7. Germany
8.3.7.1. Germany remittance market, 2017 - 2030
8.3.7.2. Germany remittance market, by mode of transfer, 2017 - 2030
8.3.7.3. Germany remittance market, by type, 2017 - 2030
8.3.7.4. Germany remittance market, by channel, 2017 - 2030
8.3.7.5. Germany remittance market, by end-use, 2017 - 2030
8.3.8. France
8.3.8.1. France remittance market, 2017 - 2030
8.3.8.2. France remittance market, by mode of transfer, 2017 - 2030
8.3.8.3. France remittance market, by type, 2017 - 2030
8.3.8.4. France remittance market, by channel, 2017 - 2030
8.3.8.5. France remittance market, by end-use, 2017 - 2030
8.3.9. Spain
8.3.9.1. Spain remittance market, 2017 - 2030
8.3.9.2. Spain remittance market, by mode of transfer, 2017 - 2030
8.3.9.3. Spain remittance market, by type, 2017 - 2030
8.3.9.4. Spain remittance market, by channel, 2017 - 2030
8.3.9.5. Spain remittance market, by end-use, 2017 - 2030
8.3.10. Italy
8.3.10.1. Italy remittance market, 2017 - 2030
8.3.10.2. Italy remittance market, by mode of transfer, 2017 - 2030
8.3.10.3. Italy remittance market, by type, 2017 - 2030
8.3.10.4. Italy remittance market, by channel, 2017 - 2030
8.3.10.5. Italy remittance market, by end-use, 2017 - 2030
8.4. Asia Pacific
8.4.1. Asia Pacific remittance market, 2017 - 2030
8.4.2. Asia Pacific remittance market, by mode of transfer, 2017 - 2030
8.4.3. Asia Pacific remittance market, by type, 2017 - 2030
8.4.4. Asia Pacific remittance market, by channel, 2017 - 2030
8.4.5. Asia Pacific remittance market, by end-use, 2017 - 2030
8.4.6. China
8.4.6.1. China remittance market, 2017 - 2030
8.4.6.2. China remittance market, by mode of transfer, 2017 - 2030
8.4.6.3. China remittance market, by type, 2017 - 2030
8.4.6.4. China remittance market, by channel, 2017 - 2030
8.4.6.5. China remittance market, by end-use, 2017 - 2030
8.4.7. India
8.4.7.1. India remittance market, 2017 - 2030
8.4.7.2. India remittance market, by mode of transfer, 2017 - 2030
8.4.7.3. India remittance market, by type, 2017 - 2030
8.4.7.4. India remittance market, by channel, 2017 - 2030
8.4.7.5. India remittance market, by end-use, 2017 - 2030
8.4.8. Japan
8.4.8.1. Japan remittance market, 2017 - 2030
8.4.8.2. Japan remittance market, by mode of transfer, 2017 - 2030
8.4.8.3. Japan remittance market, by type, 2017 - 2030
8.4.8.4. Japan remittance market, by channel, 2017 - 2030
8.4.8.5. Japan remittance market, by end-use, 2017 - 2030
8.4.9. Philippines
8.4.9.1. Philippines remittance market, 2017 - 2030
8.4.9.2. Philippines remittance market, by mode of transfer, 2017 - 2030
8.4.9.3. Philippines remittance market, by type, 2017 - 2030
8.4.9.4. Philippines remittance market, by channel, 2017 - 2030
8.4.9.5. Philippines remittance market, by end-use, 2017 - 2030
8.4.10. Vietnam
8.4.10.1. Vietnam remittance market, 2017 - 2030
8.4.10.2. Vietnam remittance market, by mode of transfer, 2017 - 2030
8.4.10.3. Vietnam remittance market, by type, 2017 - 2030
8.4.10.4. Vietnam remittance market, by channel, 2017 - 2030
8.4.10.5. Vietnam remittance market, by end-use, 2017 - 2030
8.5. Latin America
8.5.1. Latin America remittance market, 2017 - 2030
8.5.2. Latin America remittance market, by mode of transfer, 2017 - 2030
8.5.3. Latin America remittance market, by type, 2017 - 2030
8.5.4. Latin America remittance market, by channel, 2017 - 2030
8.5.5. Latin America remittance market, by end-use, 2017 - 2030
8.5.6. Brazil
8.5.6.1. Brazil remittance market, 2017 - 2030
8.5.6.2. Brazil remittance market, by mode of transfer, 2017 - 2030
8.5.6.3. Brazil remittance market, by type, 2017 - 2030
8.5.6.4. Brazil remittance market, by channel, 2017 - 2030
8.5.6.5. Brazil remittance market, by end-use, 2017 - 2030
8.6. MEA
8.6.1. MEA remittance market, 2017 - 2030
8.6.2. MEA remittance market, by mode of transfer, 2017 - 2030
8.6.3. MEA remittance market, by type, 2017 - 2030
8.6.4. MEA remittance market, by channel, 2017 - 2030
8.6.5. MEA remittance market, by end-use, 2017 - 2030
Chapter 9 Competitive Analysis
9.1. Recent Developments and Impact Analysis, by Key Market Participants
9.2. Company Categorization
9.3. Vendor Landscape
9.3.1. Key company market share analysis, 2021
9.4. Company Analysis Tools
9.4.1. Company market position analysis
9.4.2. Competitive dashboard analysis
Chapter 10 Competitive Landscape
10.1. Bank of America Corporation
10.1.1. Company overview
10.1.2. Financial performance
10.1.3. Product benchmarking
10.1.4. Strategic initiatives
10.2. ZEPZ
10.2.1. Company overview
10.2.2. Financial performance
10.2.3. Product benchmarking
10.2.4. Strategic initiatives
10.3. Citigroup, Inc.
10.3.1. Company overview
10.3.2. Financial performance
10.3.3. Product benchmarking
10.3.4. Strategic initiatives
10.4. Ria Financial Services, Inc.
10.4.1. Company overview
10.4.2. Financial performance
10.4.3. Product benchmarking
10.4.4. Strategic initiatives
10.5. OFX
10.5.1. Company overview
10.5.2. Financial performance
10.5.3. Product benchmarking
10.5.4. Strategic initiatives
10.6. Wells Fargo
10.6.1. Company overview
10.6.2. Financial performance
10.6.3. Product benchmarking
10.6.4. Strategic initiatives
10.7. Western Union Holdings, Inc.
10.7.1. Company overview
10.7.2. Financial performance
10.7.3. Product benchmarking
10.7.4. Strategic initiatives
10.8. Xoom
10.8.1. Company overview
10.8.2. Financial performance
10.8.3. Product benchmarking
10.8.4. Strategic initiatives
10.9. MoneyGram International, Inc.
10.9.1. Company overview
10.9.2. Financial performance
10.9.3. Product benchmarking
10.9.4. Strategic initiatives
10.10. Wise US, Inc.
10.10.1. Company overview
10.10.2. Financial performance
10.10.3. Product benchmarking
10.10.4. Strategic initiatives
List of Tables
Table 1. Remittance market - Industry snapshot & key buying criteria, 2017 - 2030
Table 2. Global remittance market, 2017 - 2030 (USD Billion)
Table 3. Global remittance market, by region, 2017 - 2030 (USD Billion)
Table 4. Global remittance market, by mode of transfer, 2017 - 2030 (USD Billion)
Table 5. Global remittance market, by type, 2017 - 2030 (USD Billion)
Table 6. Global remittance market, by channel, 2017 - 2030 (USD Billion)
Table 7. Global remittance market, by end-use, 2017 - 2030 (USD Billion)
Table 8. Digital remittance market, 2017 - 2030 (USD Billion)
Table 9. Digital remittance market, by region, 2017 - 2030 (USD Billion)
Table 10. Traditional (Non-digital) market, 2017 - 2030 (USD Billion)
Table 11. Traditional (Non-digital) market, by region, 2017 - 2030 (USD Billion)
Table 12. Inward remittance market, 2017 - 2030 (USD Billion)
Table 13. Inward remittance market, by region, 2017 - 2030 (USD Billion)
Table 14. Outward remittance market, 2017 - 2030 (USD Billion)
Table 15. Outward remittance market, by region, 2017 - 2030 (USD Billion)
Table 16. Remittance market by banks, 2017 - 2030 (USD Billion)
Table 17. Remittance market by banks, by region, 2017 - 2030 (USD Billion)
Table 18. Remittance market by money transfer operators, 2017 - 2030 (USD Billion)
Table 19. Remittance market by money transfer operators, by region, 2017 - 2030 (USD Billion)
Table 20. Remittance market by online platfroms (walltes), 2017 - 2030 (USD Billion)
Table 21. Remittance market by online platfroms (walltes), by region, 2017 - 2030 (USD Billion)
Table 22. Remittance market for migrant labor workforce, 2017 - 2030 (USD Billion)
Table 23. Remittance market for migrant labor workforce, by region, 2017 - 2030 (USD Billion)
Table 24. Remittance market for personal, 2017 - 2030 (USD Billion)
Table 25. Remittance market for personal, by region, 2017 - 2030 (USD Billion)
Table 26. Remittance market for small businesses, 2017 - 2030 (USD Billion)
Table 27. Remittance market for small businesses, by region, 2017 - 2030 (USD Billion)
Table 28. Remittance market for others, 2017 - 2030 (USD Billion)
Table 29. Remittance market for others, by region, 2017 - 2030 (USD Billion)
Table 30. North America remittance market, 2017 - 2030 (USD Billion)
Table 31. North America remittance market, by mode of transfer, 2017 - 2030 (USD Billion)
Table 32. North America remittance market, by type, 2017 - 2030 (USD Billion)
Table 33. North America remittance market, by channel, 2017 - 2030 (USD Billion)
Table 34. North America remittance market, by end-use, 2017 - 2030 (USD Billion)
Table 35. U.S. remittance market, 2017 - 2030 (USD Billion)
Table 36. U.S. remittance market, by mode of transfer, 2017 - 2030 (USD Billion)
Table 37. U.S. remittance market, by type, 2017 - 2030 (USD Billion)
Table 38. U.S. remittance market, by channel, 2017 - 2030 (USD Billion)
Table 39. U.S. remittance market, by end-use, 2017 - 2030 (USD Billion)
Table 40. Canada remittance market, 2017 - 2030 (USD Billion)
Table 41. Canada remittance market, by mode of transfer, 2017 - 2030 (USD Billion)
Table 42. Canada remittance market, by type, 2017 - 2030 (USD Billion)
Table 43. Canada remittance market, by channel, 2017 - 2030 (USD Billion)
Table 44. Canada remittance market, by end-use, 2017 - 2030 (USD Billion)
Table 45. Europe remittance market, 2017 - 2030 (USD Billion)
Table 46. Europe remittance market, by mode of transfer, 2017 - 2030 (USD Billion)
Table 47. Europe remittance market, by type, 2017 - 2030 (USD Billion)
Table 48. Europe remittance market, by channel, 2017 - 2030 (USD Billion)
Table 49. Europe remittance market, by end-use, 2017 - 2030 (USD Billion)
Table 50. U.K. remittance market, 2017 - 2030 (USD Billion)
Table 51. U.K. remittance market, by mode of transfer, 2017 - 2030 (USD Billion)
Table 52. U.K. remittance market, by type, 2017 - 2030 (USD Billion)
Table 53. U.K. remittance market, by channel, 2017 - 2030 (USD Billion)
Table 54. U.K. remittance market, by end-use, 2017 - 2030 (USD Billion)
Table 55. Germany remittance market, 2017 - 2030 (USD Billion)
Table 56. Germany remittance market, by mode of transfer, 2017 - 2030 (USD Billion)
Table 57. Germany remittance market, by type, 2017 - 2030 (USD Billion)
Table 58. Germany remittance market, by channel, 2017 - 2030 (USD Billion)
Table 59. Germany remittance market, by end-use, 2017 - 2030 (USD Billion)
Table 60. France remittance market, 2017 - 2030 (USD Billion)
Table 61. France remittance market, by mode of transfer, 2017 - 2030 (USD Billion)
Table 62. France remittance market, by type, 2017 - 2030 (USD Billion)
Table 63. France remittance market, by channel, 2017 - 2030 (USD Billion)
Table 64. France remittance market, by end-use, 2017 - 2030 (USD Billion)
Table 65. Italy remittance market, 2017 - 2030 (USD Billion)
Table 66. Italy remittance market, by mode of transfer, 2017 - 2030 (USD Billion)
Table 67. Italy remittance market, by type, 2017 - 2030 (USD Billion)
Table 68. Italy remittance market, by channel, 2017 - 2030 (USD Billion)
Table 69. Italy remittance market, by end-use, 2017 - 2030 (USD Billion)
Table 70. Spain remittance market, 2017 - 2030 (USD Billion)
Table 71. Spain remittance market, by mode of transfer, 2017 - 2030 (USD Billion)
Table 72. Spain remittance market, by type, 2017 - 2030 (USD Billion)
Table 73. Spain remittance market, by channel, 2017 - 2030 (USD Billion)
Table 74. Spain remittance market, by end-use, 2017 - 2030 (USD Billion)
Table 75. Asia Pacific remittance market, 2017 - 2030 (USD Billion)
Table 76. Asia Pacific remittance market, by mode of transfer, 2017 - 2030 (USD Billion)
Table 77. Asia Pacific remittance market, by type, 2017 - 2030 (USD Billion)
Table 78. Asia Pacific remittance market, by channel, 2017 - 2030 (USD Billion)
Table 79. Asia Pacific remittance market, by end-use, 2017 - 2030 (USD Billion)
Table 80. India remittance market, 2017 - 2030 (USD Billion)
Table 81. India remittance market, by mode of transfer, 2017 - 2030 (USD Billion)
Table 82. India remittance market, by type, 2017 - 2030 (USD Billion)
Table 83. India remittance market, by channel, 2017 - 2030 (USD Billion)
Table 84. India remittance market, by end-use, 2017 - 2030 (USD Billion)
Table 85. China remittance market, 2017 - 2030 (USD Billion)
Table 86. China remittance market, by mode of transfer, 2017 - 2030 (USD Billion)
Table 87. China remittance market, by type, 2017 - 2030 (USD Billion)
Table 88. China remittance market, by channel, 2017 - 2030 (USD Billion)
Table 89. China remittance market, by end-use, 2017 - 2030 (USD Billion)
Table 90. Japan remittance market, 2017 - 2030 (USD Billion)
Table 91. Japan remittance market, by mode of transfer, 2017 - 2030 (USD Billion)
Table 92. Japan remittance market, by type, 2017 - 2030 (USD Billion)
Table 93. Japan remittance market, by channel, 2017 - 2030 (USD Billion)
Table 94. Japan remittance market, by end-use, 2017 - 2030 (USD Billion)
Table 95. Philippines remittance market, 2017 - 2030 (USD Billion)
Table 96. Philippines remittance market, by mode of transfer, 2017 - 2030 (USD Billion)
Table 97. Philippines remittance market, by type, 2017 - 2030 (USD Billion)
Table 98. Philippines remittance market, by channel, 2017 - 2030 (USD Billion)
Table 99. Philippines remittance market, by end-use, 2017 - 2030 (USD Billion)
Table 100. Vietnam remittance market, 2017 - 2030 (USD Billion)
Table 101. Vietnam remittance market, by mode of transfer, 2017 - 2030 (USD Billion)
Table 102. Vietnam remittance market, by type, 2017 - 2030 (USD Billion)
Table 103. Vietnam remittance market, by channel, 2017 - 2030 (USD Billion)
Table 104. Vietnam remittance market, by end-use, 2017 - 2030 (USD Billion)
Table 105. Latin America remittance market, 2017 - 2030 (USD Billion)
Table 106. Latin America remittance market, by mode of transfer, 2017 - 2030 (USD Billion)
Table 107. Latin America remittance market, by type, 2017 - 2030 (USD Billion)
Table 108. Latin America remittance market, by channel, 2017 - 2030 (USD Billion)
Table 109. Latin America remittance market, by end-use, 2017 - 2030 (USD Billion)
Table 110. Brazil remittance market, 2017 - 2030 (USD Billion)
Table 111. Brazil remittance market, by mode of transfer, 2017 - 2030 (USD Billion)
Table 112. Brazil remittance market, by type, 2017 - 2030 (USD Billion)
Table 113. Brazil remittance market, by channel, 2017 - 2030 (USD Billion)
Table 114. Brazil remittance market, by end-use, 2017 - 2030 (USD Billion)
Table 115. MEA remittance market, 2017 - 2030 (USD Billion)
Table 116. MEA remittance market, by mode of transfer, 2017 - 2030 (USD Billion)
Table 117. MEA remittance market, by type, 2017 - 2030 (USD Billion)
Table 118. MEA remittance market, by channel, 2017 - 2030 (USD Billion)
Table 119. MEA remittance market, by end-use, 2017 - 2030 (USD Billion)
List of Figures
FIG 1. Market segmentation and scope
Fig 2. Global remittance market, 2017 - 2030 (USD Billion)
Fig 3. Remittance market - Value chain analysis
Fig 4. Remittance market - Market dynamics
Fig 5. Remittance market - Key market driver impact
Fig 6. Remittance market - Key market challenge impact
Fig 7. Key opportunities prioritized
Fig 8. Remittance market - Porter’s five forces analysis
Fig 9. Remittance market - Company market share analysis, 2021
Fig 10. Remittance market - PESTEL analysis
Fig 11. Remittance market, by mode of transfer, 2021
Fig 12. Remittance market, by type, 2021
Fig 13. Remittance market, by channel, 2021
Fig 14. Remittance market, by end-use, 2021
Fig 15. Remittance market, by region, 2021
Fig 16. Remittance market - Regional takeaways
Fig 17. North America remittance market - Key takeaways
Fig 18. Europe remittance market - Key takeaways
Fig 19. Asia Pacific remittance market - Key takeaways
Fig 20. Latin America remittance market - Key takeaways
Fig 21. MEA remittance market - Key takeaways

Companies Mentioned

  • Bank of America Corporation
  • ZEPZ
  • Citigroup, Inc.
  • Ria Financial Services, Inc.
  • OFX
  • Wells Fargo
  • Western Union Holdings, Inc.
  • Xoom
  • MoneyGram International, Inc.
  • Wise US, Inc.

Methodology

Loading
LOADING...

Table Information

Report AttributeDetails
No. of Pages160
PublishedDecember 2022
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 49.86 Billion
Forecasted Market Value ( USD ) by 2030 $ 107.8 Billion
Compound Annual Growth Rate10.1%
Regions CoveredGlobal
No. of Companies Mentioned10

Related Topics

Related Reports

Global Digital Remittance Market by Remittance Channel (Banks Digital Remittance, Digital Money Transfer Operators), Remittance Type (Inward Digital Remittance, Outward Digital Remittance), End-User - Forecast 2023-2030 - Product Image

Global Digital Remittance Market by Remittance Channel (Banks Digital Remittance, Digital Money Transfer Operators), Remittance Type (Inward Digital Remittance, Outward Digital Remittance), End-User - Forecast 2023-2030

  • Report
  • 189 Pages
  • Global
From
Global Remittance Market Outlook to 2027 - Product Image

Global Remittance Market Outlook to 2027

  • Report
  • 80 Pages
  • Global
From
Global Digital Remittance Market 2023-2027 - Product Image

Global Digital Remittance Market 2023-2027

  • Report
  • 152 Pages
  • Global
From
Digital Remittance - Global Strategic Business Report - Product Image

Digital Remittance - Global Strategic Business Report

  • Report
  • 92 Pages
  • Global
From
Digital Remittance Global Market Report 2024 - Product Image

Digital Remittance Global Market Report 2024

  • Report
  • 175 Pages
  • Global
From
Copyright © 2002-2024 Research and Markets. All Rights Reserved.