Digital Remittance Market by Remittance Type (Inward and Outward), by Remittance Channel (Banks, Money Transfer Operators, Online Platforms, and Others), and by End-User (Migrant Labor Workforce, Businesses, and Individual/Personal)-Global Industry Analytics, COVID-19 Business Impact, and Trends, 2020–2029

                                          
Abstract
                    
The report covers a forecast and an analysis of the digital remittance on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The study includes drivers and restraints of the digital remittance along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the digital remittance on a global level.

This report offers a comprehensive analysis of the global digital remittance along with market trends, drivers, and restraints of the digital remittance. This report includes a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.


The global digital remittance market is segmented on the basis of remittance type, remittance channel, end-user, and region. Based on remittance type, the market is categorized into inward and outward remittance. The remittance channel segment includes banks, money transfer operators, online platforms, and others. By end-user, the market includes migrant labor workforce, businesses, and individual/personal. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each region has been further segmented into major countries, such as the U.S., Canada, Mexico, UK, France, Germany, China, India, Japan, and Brazil.

Some key participants of the global digital remittance market include InstaReM, Flywire, Western Union (WU), Ria Financial Outward Remittance, SingX Pte Ltd., WorldRemit Ltd., Remitly, Inc., Azimo Limited, TransferWise Ltd., Ripple, MoneyGram, and TNG Wallet.

This report segments the global digital remittance market as follows:

Digital Remittance Market: Remittance Type Analysis

	Inward Remittance
	Outward Remittance

Digital Remittance Market: Remittance Channel Analysis

	Banks
	Money Transfer Operators
	Online Inward Remittances
	Others

Digital Remittance Market: End-User Analysis

	Migrant Labor Workforce
	Businesses
	Individual/Personal

Digital Remittance Market: Regional Analysis

	North America
	
		The U.S.
	
	
	Europe
	
		UK
		France
		Germany
	
	
	Asia Pacific
	
		China
		Japan
		India
	
	
	Latin America
	
		Brazil
	
	
	Middle East and Africa