The global digital remittance market size is calculated at USD 25.30 billion in 2024, grew to USD 29.12 billion in 2025, and is predicted to hit around USD 103.26 billion by 2034, poised to grow at a CAGR of 15.1% between 2024 and 2034. The North America digital remittance market size accounted for USD 7.59 billion in 2024 and is anticipated to grow at the fastest CAGR of 15.29% during the forecast year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Digital Remittance Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Digital Remittance Market, by Type, 2024-2034
8.1.1 Inward Digital Remittance
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. Outward Digital Remittance
8.1.2.1. Market Revenue and Forecast (2021-2034)
9.1. Digital Remittance Market, by Channel, 2024-2034
9.1.1. Banks
9.1.1.1. Market Revenue and Forecast (2021-2034)
9.1.2. Money Transfer Operators
9.1.2.1. Market Revenue and Forecast (2021-2034)
9.1.3. Online Platforms
9.1.3.1. Market Revenue and Forecast (2021-2034)
9.1.4. Others
9.1.4.1. Market Revenue and Forecast (2021-2034)
10.1. Digital Remittance Market, by End-use, 2024-2034
10.1.1. Migrant Labor Workforce
10.1.1.1. Market Revenue and Forecast (2021-2034)
10.1.2. Personal
10.1.2.1. Market Revenue and Forecast (2021-2034)
10.1.3. Small Businesses
10.1.3.1. Market Revenue and Forecast (2021-2034)
10.1.4. Others
10.1.4.1. Market Revenue and Forecast (2021-2034)
11.1. North America
11.1.1. Market Revenue and Forecast, by Type (2021-2034)
11.1.2. Market Revenue and Forecast, by Channel (2021-2034)
11.1.3. Market Revenue and Forecast, by End-use (2021-2034)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Type (2021-2034)
11.1.4.2. Market Revenue and Forecast, by Channel (2021-2034)
11.1.4.3. Market Revenue and Forecast, by End-use (2021-2034)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Type (2021-2034)
11.1.5.2. Market Revenue and Forecast, by Channel (2021-2034)
11.1.5.3. Market Revenue and Forecast, by End-use (2021-2034)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Type (2021-2034)
11.2.2. Market Revenue and Forecast, by Channel (2021-2034)
11.2.3. Market Revenue and Forecast, by End-use (2021-2034)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Type (2021-2034)
11.2.4.2. Market Revenue and Forecast, by Channel (2021-2034)
11.2.4.3. Market Revenue and Forecast, by End-use (2021-2034)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Type (2021-2034)
11.2.5.2. Market Revenue and Forecast, by Channel (2021-2034)
11.2.5.3. Market Revenue and Forecast, by End-use (2021-2034)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Type (2021-2034)
11.2.6.2. Market Revenue and Forecast, by Channel (2021-2034)
11.2.6.3. Market Revenue and Forecast, by End-use (2021-2034)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Type (2021-2034)
11.2.7.2. Market Revenue and Forecast, by Channel (2021-2034)
11.2.7.3. Market Revenue and Forecast, by End-use (2021-2034)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Type (2021-2034)
11.3.2. Market Revenue and Forecast, by Channel (2021-2034)
11.3.3. Market Revenue and Forecast, by End-use (2021-2034)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Type (2021-2034)
11.3.4.2. Market Revenue and Forecast, by Channel (2021-2034)
11.3.4.3. Market Revenue and Forecast, by End-use (2021-2034)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Type (2021-2034)
11.3.5.2. Market Revenue and Forecast, by Channel (2021-2034)
11.3.5.3. Market Revenue and Forecast, by End-use (2021-2034)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Type (2021-2034)
11.3.6.2. Market Revenue and Forecast, by Channel (2021-2034)
11.3.6.3. Market Revenue and Forecast, by End-use (2021-2034)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Type (2021-2034)
11.3.7.2. Market Revenue and Forecast, by Channel (2021-2034)
11.3.7.3. Market Revenue and Forecast, by End-use (2021-2034)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Type (2021-2034)
11.4.2. Market Revenue and Forecast, by Channel (2021-2034)
11.4.3. Market Revenue and Forecast, by End-use (2021-2034)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Type (2021-2034)
11.4.4.2. Market Revenue and Forecast, by Channel (2021-2034)
11.4.4.3. Market Revenue and Forecast, by End-use (2021-2034)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Type (2021-2034)
11.4.5.2. Market Revenue and Forecast, by Channel (2021-2034)
11.4.5.3. Market Revenue and Forecast, by End-use (2021-2034)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Type (2021-2034)
11.4.6.2. Market Revenue and Forecast, by Channel (2021-2034)
11.4.6.3. Market Revenue and Forecast, by End-use (2021-2034)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Type (2021-2034)
11.4.7.2. Market Revenue and Forecast, by Channel (2021-2034)
11.4.7.3. Market Revenue and Forecast, by End-use (2021-2034)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Type (2021-2034)
11.5.2. Market Revenue and Forecast, by Channel (2021-2034)
11.5.3. Market Revenue and Forecast, by End-use (2021-2034)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Type (2021-2034)
11.5.4.2. Market Revenue and Forecast, by Channel (2021-2034)
11.5.4.3. Market Revenue and Forecast, by End-use (2021-2034)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Type (2021-2034)
11.5.5.2. Market Revenue and Forecast, by Channel (2021-2034)
11.5.5.3. Market Revenue and Forecast, by End-use (2021-2034)
12.1. Azimo Limited
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Digital Wallet Corporation
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. InstaReM Pvt. Ltd.
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. MoneyGram
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. PayPal Holdings, Inc.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Ria Financial Services Ltd.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. TransferGo Ltd.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. TransferWise Ltd.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Western Union Holdings, Inc.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. WorldRemit Ltd.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
14.1. About Us
14.2. Glossary of Terms
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