According to the publisher, the international inbound remittance market in South Africa has increased at 3.9% during 2023 to reach US$937.2 million in 2024. Over the forecast period (2024-2028), market size is expected to record a CAGR of 2.5%, increasing from US$901.7 million in 2023 to reach US$ 1.03 billion by 2028.
Remittance outflow market in South Africa has increased at 3.7% during 2023 to reach US$ 1.08 billion in 2024. Over the forecast period (2024-2028), market size is expected to record a CAGR of 2.2%, increasing from US$ 1.04 billion in 2023 to reach US$ 1.17 billion by 2028.
This report provides a comprehensive analysis of the international inbound and outbound remittance market in South Africa. It covers the market opportunity by transaction value, transaction volume, average value per transaction, key market players, market opportunity by channel, consumer profile, and by sending / receiving countries.
The research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities.
Remittance outflow market in South Africa has increased at 3.7% during 2023 to reach US$ 1.08 billion in 2024. Over the forecast period (2024-2028), market size is expected to record a CAGR of 2.2%, increasing from US$ 1.04 billion in 2023 to reach US$ 1.17 billion by 2028.
This report provides a comprehensive analysis of the international inbound and outbound remittance market in South Africa. It covers the market opportunity by transaction value, transaction volume, average value per transaction, key market players, market opportunity by channel, consumer profile, and by sending / receiving countries.
The research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities.
Scope
International Inbound Market Opportunity Trend Analysis in South Africa
- By Transaction Value
- By Transaction Volume
- By Average Value Per Transaction
Market Share of Key Players in South Africa
International Inbound Market Opportunity Trend Analysis by Channel in South Africa
- Digital (transaction value, transaction volume, average value per transaction)
- Mobile (transaction value, transaction volume, average value per transaction)
- Non-Digital (transaction value, transaction volume, average value per transaction)
International Inbound Remittance Analysis of Consumer Profile in South Africa
- Analysis by age group of senders
- Analysis by income of senders
- Analysis by occupation of senders
- Analysis by occupation of beneficiaries
- Analysis by purpose
International Inbound Remittance Flow Analysis (Country to State / Region) in South Africa
- Market opportunity by key sending countries (transaction value, transaction volume, average value per transaction)
- Market share by transfer channel by key state / regions
International Outbound Market Opportunity Trend Analysis in South Africa
- By Transaction Value
- By Transaction Volume
- By Average Value Per Transaction
International Outbound Market Opportunity Trend Analysis by Channel in South Africa
- Digital (transaction value, transaction volume, average value per transaction)
- Mobile (transaction value, transaction volume, average value per transaction)
- Non-Digital (transaction value, transaction volume, average value per transaction)
International Outbound Remittance Analysis of Consumer Profile in South Africa
- Analysis by age group of senders
- Analysis by income of sender
- Analysis by occupation of sender
- Analysis by occupation of beneficiaries
- Analysis by purpose
International Outbound Remittance Flow Analysis (State / Region to Country) in South Africa
- Market opportunity by key sending countries (transaction value, transaction volume, average value per transaction)
- Market share by transfer channel by key state / regions
Reasons to buy
- Comprehensive and Up-to-Date Information: The report provides comprehensive and up-to-date information on the South Africa international inbound and outbound remittance market, including market size, growth trends, transaction value, transaction volume, average value per transaction, and market share analysis by transfer channel, consumer demographics, and key countries.
- Understand Competitive Landscape: Get a high-level view of competitive landscape through market share data on key players in the market.
- Actionable Insights for Businesses and Investors: The report provides data centric analysis for businesses and investors operating in the South Africa remittance market. It helps them identify new opportunities, assess risks, and make informed business decisions.
- Forecasts for Future Market Growth: The report provides forecasts for future market growth, enabling businesses and investors to plan and strategize effectively.
Table of Contents
1. About this Report
2. South Africa International Inbound Remittance Market Size and Future Growth Dynamics
3. South Africa International Inbound Remittance Analysis by Consumer Demographics
4. South Africa International Inbound Remittance Flow Analysis by Key Countries
5. South Africa International Outbound Remittance Market Size and Future Growth Dynamics
6. South Africa International Outbound Remittance Analysis by Consumer Demographics
7. South Africa International Outbound Remittance Flow Analysis by Key States/Provinces
9. Further Reading
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 130 |
| Published | April 2024 |
| Forecast Period | 2024 - 2028 |
| Estimated Market Value ( USD | $ 0.9 Billion |
| Forecasted Market Value ( USD | $ 1 Billion |
| Compound Annual Growth Rate | 2.5% |
| Regions Covered | South Africa |
