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Global Digital Cross-Border Remittance Market Growth (Status and Outlook) 2022-2028
SKU ID : LPI-20979416 | Publishing Date : 26-May-2022
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As the global economy mends, the 2021 growth of Digital Cross-Border Remittance will have significant change from previous year. According to our researcher latest study, the global Digital Cross-Border Remittance market size is USD million in 2022 from USD 6105.3 million in 2021, with a change of % between 2021 and 2022. The global Digital Cross-Border Remittance market size will reach USD 19150 million in 2028, growing at a CAGR of 17.7% over the analysis period 2022-2028.
The United States Digital Cross-Border Remittance market is expected at value of US$ million in 2021 and grow at approximately % CAGR during forecast period 2022-2028. China constitutes a % market for the global Digital Cross-Border Remittance market, reaching US$ million by the year 2028. As for the Europe Digital Cross-Border Remittance landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 6-year period.
Global main Digital Cross-Border Remittance players cover Western Union (WU), Wise (TransferWise), Zepz (WorldRemit, Sendwave), and Remitly, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Digital Cross-Border Remittance market by product type, application, key players and key regions and countries.
Segmentation by provider: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
Digital Money Transfer Operators
Bank Digital Remittance
Segmentation by end user: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
Personal Customers
Micro and Small Businesses
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
Western Union (WU)
Wise (TransferWise)
Zepz (WorldRemit, Sendwave)
Remitly
Ria Financial Services (Euronet)
PayPal/Xoom
MoneyGram
Flywire
TransferGo
OrbitRemit
Intermex
Azimo
NIUM, Inc (Instarem)
TNG FinTech
Smiles/Digital Wallet Corporation
Small World
Coins.ph
SingX
FlyRemit
The United States Digital Cross-Border Remittance market is expected at value of US$ million in 2021 and grow at approximately % CAGR during forecast period 2022-2028. China constitutes a % market for the global Digital Cross-Border Remittance market, reaching US$ million by the year 2028. As for the Europe Digital Cross-Border Remittance landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 6-year period.
Global main Digital Cross-Border Remittance players cover Western Union (WU), Wise (TransferWise), Zepz (WorldRemit, Sendwave), and Remitly, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Digital Cross-Border Remittance market by product type, application, key players and key regions and countries.
Segmentation by provider: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
Digital Money Transfer Operators
Bank Digital Remittance
Segmentation by end user: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
Personal Customers
Micro and Small Businesses
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
Western Union (WU)
Wise (TransferWise)
Zepz (WorldRemit, Sendwave)
Remitly
Ria Financial Services (Euronet)
PayPal/Xoom
MoneyGram
Flywire
TransferGo
OrbitRemit
Intermex
Azimo
NIUM, Inc (Instarem)
TNG FinTech
Smiles/Digital Wallet Corporation
Small World
Coins.ph
SingX
FlyRemit
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
