Global Digital Remittance Market 2023 Demand, Share, Size, Key Players, Growth Analysis, and Forecast by 2028


Pune, March 14, 2023 (GLOBE NEWSWIRE) — The global Digital Remittance Market is set for remarkable expansion in the upcoming years, with increasing demand for various types (Domestic Remittance, International Remittance) and applications (Business Remittance, Personal Remittance, Public Services Remittance). The market’s growth will be driven by several factors such as size, segmentations, upcoming trends, sales volume, demand and supply. Moreover, the rising adoption of advanced technologies and increasing investment in research and development activities are anticipated to provide lucrative opportunities for market growth. With cutting-edge market research techniques, this report delivers insightful analysis of the current market dynamics, industry trends, and future growth prospects. The study also assesses the influence of market drivers, restraints, and challenges, offering a comprehensive overview of the global Digital Remittance Market.

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The global Digital Remittance market size was valued at USD 4841.76 million in 2022 and is expected to expand at a CAGR of 24.96% during the forecast period, reaching USD 18436.31 million by 2028. Global Digital Remittance Report 2023 is spread across 101 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.


Overall, the Digital Remittance Market presents new opportunities for growth and innovation, and the report offers valuable insights into upcoming trends and future scenarios for the industry. The market report presents a detailed evaluation of the market’s influential factors, including drivers, trends, restraints, key segments, competitive landscape, and other significant elements that are contributing significantly to the market’s growth.

TOP Prominent Players of Digital Remittance Industry

  • Remitly
  • Smiles Mobile Remittance
  • Azimo
  • RemitONE
  • Moneytis
  • Vayupay
  • ControlBox
  • Western Union (WU)
  • FlyRemit
  • Sooya Software
  • BitExchange
  • Ria Financial Services
  • Hbstech
  • Ant Financial/Alipay
  • WorldRemit
  • Toast Me
  • Currency Remit App
  • WeChat Payment
  • MoneyGram
  • PayPal/Xoom
  • TransferWise
  • Girmiti Software
  • Avenues India Pvt Ltd

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Most important types of Digital Remittance products covered in this report are:

  • Domestic Remittance
  • International Remittance

Most widely used downstream fields of Digital Remittance market covered in this report are:

  • Business Remittance
  • Personal Remittance
  • Public Services Remittance

What is New Additions in 2023 Digital Remittance market Report?

  • Brief industry overview
  • Overall in-depth information on company players
  • Customized report and analyst support on request
  • Recent developments in Digital Remittance industry and its futuristic growth opportunities

Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the Digital Remittance Market?

Yes. As for the impact of COVID-19 on the Digital Remittance market, it is clear that the pandemic has accelerated the adoption of digital and remote research technologies. Many businesses have had to pivot to virtual research methods due to social distancing measures, and this has highlighted the importance of having flexible and adaptable research technologies in place.

Overall, businesses that are able to effectively navigate the risks and opportunities presented by new research technologies are likely to have a competitive advantage in their respective markets.

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Digital Remittance Market Report Contains 2023: –

  • The Digital Remittance Market report provides essential data, statistics, and trends to businesses worldwide.
  • This market offers valuable insights into the competitive landscape and industry potential, making it an indispensable resource for decision-makers in various industries.
  • The market’s top-performing countries include the United States, Canada, Mexico, Germany, France, the United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia. Moreover, the progress of key regional Digital Remittance Markets, including North America, Europe, Asia-Pacific, South America, and the Middle East and Africa, is also highlighted.
  • The Digital Remittance Market’s potential is evaluated based on several factors, including type (Domestic Remittance, International Remittance), application (Business Remittance, Personal Remittance, Public Services Remittance), capacity, and end-use industry.
  • The market’s impact is evaluated based on the most important drivers and restraints, current trends, and dynamics in the global market.
  • The Digital Remittance industry forecast provides valuable information related to key drivers, restraints, and opportunities, allowing businesses to make informed decisions about their strategies and investments.

Short Description About Digital Remittance Market:

The Digital Remittance Marketing is analysed in detail in this report, with a focus on various aspects such as market size, segment size, and competitor landscape. The report provides valuable insights into the latest developments, trends, and challenges faced by the market. Additionally, the report offers strategic recommendations to companies to overcome the impact of the COVID-19 pandemic on their businesses.

Technological advancements and innovation are expected to play a key role in enhancing the performance of the product and expanding its application in various industries. The report also provides an analysis of customer preferences, market dynamics, new product launches, and regional conflicts that are expected to impact the market in the coming years. Furthermore, the report sheds light on the growing importance of carbon neutrality and its impact on the Digital Remittance Marketing.

Overall, this report provides a comprehensive analysis of the Digital Remittance Market and equips stakeholders with valuable insights to make informed decisions.

Following chapters are covered in this report:

Chapter 1 is the basis of the entire report. In this chapter, we define the market concept and market scope of Rituximab, including product classification, application areas, and the entire report covered area.

Chapter 2 is the core idea of the whole report. In this chapter, we provide a detailed introduction to our research methods and data sources.

Chapter 3 focuses on analyzing the current competitive situation in the Rituximab market and provides basic information, market data, product introductions, etc. of leading companies in the industry. At the same time, Chapter 3 includes the highlighted analysis–Strategies for Company to Deal with the Impact of COVID-19.

Chapter 4 provides breakdown data of different types of products, as well as market forecasts.

Different application fields have different usage and development prospects of products. Therefore, Chapter 5 provides subdivision data of different application fields and market forecasts.

Chapter 6 includes detailed data of major regions of the world, including detailed data of major regions of the world. North America, Asia Pacific, Europe, South America, Middle East and Africa.

Chapters 7-26 focus on the regional market. We have selected the most representative 20 countries from 197 countries in the world and conducted a detailed analysis and overview of the market development of these countries.

Chapter 27 focuses on market qualitative analysis, providing market driving factor analysis, market development constraints, PEST analysis, industry trends under COVID-19, market entry strategy analysis, etc.

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Detailed TOC of Global Digital Remittance Market Research Report 2022 – Market Size, Current Insights and Development Trends

Table of Content

1 Digital Remittance Market Overview

1.1 Product Overview and Scope of Digital Remittance Market

1.2 Digital Remittance Market Segment by Type

1.3 Global Digital Remittance Market Segment by Application

1.4 Global Digital Remittance Market, Region Wise (2017-2029)

1.5 Global Market Size (Revenue) of Digital Remittance (2017-2029)

1.6 Influence of Regional Conflicts on the Digital Remittance Industry

2 Digital Remittance Market Upstream and Downstream Analysis

2.1 Digital Remittance Industrial Chain Analysis

2.3 Key Raw Materials Supply and Demand Analysis

2.4 Market Concentration Rate of Raw Materials

2.5 Manufacturing Process Analysis

2.6 Manufacturing Cost Structure Analysis

2.7 Major Downstream Buyers of Digital Remittance Analysis

2.8 Impact of COVID-19 on the Industry Upstream and Downstream

3 Players Profiles

4 Global Digital Remittance Market Landscape by Player

4.1 Global Digital Remittance Sales and Share by Player (2017-2022)

4.2 Global Digital Remittance Revenue and Market Share by Player (2017-2022)

4.3 Global Digital Remittance Average Price by Player (2017-2022)

4.4 Global Digital Remittance Gross Margin by Player (2017-2022)

4.5 Digital Remittance Market Competitive Situation and Trends

5 Global Digital Remittance Sales, Revenue, Price Trend by Type

5.1 Global Digital Remittance Sales and Market Share by Type (2017-2022)

5.2 Global Digital Remittance Revenue and Market Share by Type (2017-2022)

5.3 Global Digital Remittance Price by Type (2017-2022)

5.4 Global Digital Remittance Sales, Revenue and Growth Rate by Type (2017-2022)

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6 Global Digital Remittance Market Analysis by Application

6.1 Global Digital Remittance Consumption and Market Share by Application (2017-2022)

6.2 Global Digital Remittance Consumption Revenue and Market Share by Application (2017-2022)

6.3 Global Digital Remittance Consumption and Growth Rate by Application (2017-2022)

7 Global Digital Remittance Sales and Revenue Region Wise (2017-2022)

7.1 Global Digital Remittance Sales and Market Share, Region Wise (2017-2022)

7.2 Global Digital Remittance Revenue and Market Share, Region Wise (2017-2022)

7.3 Global Digital Remittance Sales, Revenue, Price and Gross Margin (2017-2022)

7.4 United States Digital Remittance Sales, Revenue, Price and Gross Margin (2017-2022)

7.5 Europe Digital Remittance Sales, Revenue, Price and Gross Margin (2017-2022)

7.6 China Digital Remittance Sales, Revenue, Price and Gross Margin (2017-2022)

7.7 Japan Digital Remittance Sales, Revenue, Price and Gross Margin (2017-2022)

7.8 India Digital Remittance Sales, Revenue, Price and Gross Margin (2017-2022)

7.9 Southeast Asia Digital Remittance Sales, Revenue, Price and Gross Margin (2017-2022)

7.10 Latin America Digital Remittance Sales, Revenue, Price and Gross Margin (2017-2022)

7.11 Middle East and Africa Digital Remittance Sales, Revenue, Price and Gross Margin (2017-2022)

8 Global Digital Remittance Market Forecast (2022-2029)

8.1 Global Digital Remittance Sales, Revenue Forecast (2022-2029)

8.2 Global Digital Remittance Sales and Revenue Forecast, Region Wise (2022-2029)

8.3 Global Digital Remittance Sales, Revenue and Price Forecast by Type (2022-2029)

8.4 Global Digital Remittance Consumption Forecast by Application (2022-2029)

8.5 Digital Remittance Market Forecast Under COVID-19

9 Industry Outlook

9.1 Digital Remittance Market Drivers Analysis

9.2 Digital Remittance Market Restraints and Challenges

9.3 Digital Remittance Market Opportunities Analysis

9.4 Emerging Market Trends

9.5 Digital Remittance Industry Technology Status and Trends

9.6 News of Product Release

9.7 Consumer Preference Analysis

9.8 Digital Remittance Industry Development Trends under COVID-19 Outbreak

9.8.1 Global COVID-19 Status Overview

9.8.2 Influence of COVID-19 Outbreak on Digital Remittance Industry Development

10 Research Findings and Conclusion

11 Appendix

11.1 Methodology

11.2 Research Data Source

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