Digital Remittance Industry Review and Forecast 2014-2030: Discover the Key Trends and Drivers Shaping the $60.9 Billion Global Market

Dublin, June 18, 2024 (GLOBE NEWSWIRE) -- The "Digital Remittance - Global Strategic Business Report" report has been added to's offering.

The global market for Digital Remittance is estimated at US$29.1 Billion in 2023 and is projected to reach US$60.9 Billion by 2030, growing at a CAGR of 11.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Azimo Limited, Digital Wallet Corporation, Flywire, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Outward Digital Remittance segment, which is expected to reach US$34.4 Billion by 2030 with a CAGR of 10.8%. The Inward Digital Remittance segment is also set to grow at 11.6% CAGR over the next 7 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $7.6 Billion in 2023, and China, forecasted to grow at an impressive 14.7% CAGR to reach $14.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Digital Remittance Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Digital Remittance Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Digital Remittance Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Select Competitors (Total 36 Featured):

  • Azimo Limited
  • Digital Wallet Corporation
  • Flywire
  • InstaReM Pvt. Ltd.
  • MoneyGram
  • PayPal Holdings, Inc.
  • Remitly, Inc.
  • Ria Financial Services Ltd.
  • Ripple
  • SingX Pte. Ltd.
  • TNG Wallet
  • TransferGo Ltd.
  • TransferWise Ltd.
  • Western Union Holdings, Inc.
  • WorldRemit Ltd.

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Key Attributes

Report AttributeDetails
No. of Pages92
Forecast Period2023-2030
Estimated Market Value (USD) in 2023$29.1 Billion
Forecasted Market Value (USD) by 2030$60.9 Billion
Compound Annual Growth Rate11.2%
Regions CoveredGlobal

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Digital Remittance Market