Global Digital Cross-Border Remittance Market Growth (Status and Outlook) 2022-2028

SKU ID :LPI-20979416 | Published Date: 26-May-2022 | No. of pages: 111
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

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