Digital remittance Service Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

Digital remittances market of international money transfer (“Remittances”) has been growing considerably at a CAGR of 10.4% since 2022. $530 billion is transferred each year, are cross-border remittances made over the Internet by migrant populations. Typically, remittances include transfers of funds between residents and non-residents, as well as transfers of income from short-term workers in other countries to their countries of origin.

 

Key Players

  • Western Union
  • Ria Financial Services
  • Xoom
  • TransferWise
  • MoneyGram
  • Remitly
  • Azimo
  • TransferGo
  • WorldRemit

 

By Type

 

  • Cloud Based
  • On Premise

 

By Application

 

  • Migrant Labor Workforce
  • Study Abroad and Travel
  • Small Businesses
  • Other

 

Scope of the Report

The research study analyzes the global Digital remittance Service Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Digital remittance Service Market Report

Key Questions Answered by Digital remittance Service Market Report

 

  1. What was the Digital remittance Service Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).

 

  1. What will be the CAGR of the Digital remittance Service Market during the forecast period (2022-2028)?

 

  1. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).

 

  1. Which manufacturer/vendor/players in the Digital remittance Service Market was the market leader in 2021?

 

  1. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report will be delivered within 48-72 hours after payment confirmation