Comic Book Market
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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.).
This report contains market size and forecasts of Digital Cross-Border Remittance in Global, including the following market information:
Global Digital Cross-Border Remittance Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Digital Cross-Border Remittance market was valued at 6421.7 million in 2021 and is projected to reach US$ 18550 million by 2028, at a CAGR of 16.4% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Digital Money Transfer Operators Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Digital Cross-Border Remittance include Western Union (WU), Wise (TransferWise), Zepz (WorldRemit, Sendwave), Remitly, Ria Financial Services (Euronet), PayPal/Xoom, MoneyGram, Flywire and TransferGo, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Digital Cross-Border Remittance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Digital Cross-Border Remittance Market, By Provider, 2017-2022, 2023-2028 ($ millions)
Global Digital Cross-Border Remittance Market Segment Percentages, By Provider, 2021 (%)
Digital Money Transfer Operators
Bank Digital Remittance
Global Digital Cross-Border Remittance Market, By End User, 2017-2022, 2023-2028 ($ millions)
Global Digital Cross-Border Remittance Market Segment Percentages, By End User, 2021 (%)
Personal Customers
Micro and Small Businesses
Global Digital Cross-Border Remittance Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Digital Cross-Border Remittance Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Digital Cross-Border Remittance revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Digital Cross-Border Remittance revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
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