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● Global “ Digital Remittance Market” By Type (Banks Digital Remittance, Digital Money Transfer Operators), By Application ( Migrant Labor Workforce, Study Abroad and Travel, Small Businesses) Geography (North America (United States, Canada and Mexico), South America (China, Japan, Korea, India and Southeast Asia), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), Middle East and Africa (Saudi Arabia, Egypt, Nigeria and South Africa)) Industry Trends 2021
Apr 22, 2021 (The Expresswire) — List of TOP Key Players in Digital Remittance Market Report are:
● Western Union (WU) ● Ria Financial Services ● PayPal/Xoom ● TransferWise ● WorldRemit
● MoneyGram ● Remitly ● Azimo ● TransferGo ● InstaReM ● TNG Wallet ● Toast Me ● OrbitRemit ● Smiles Mobile Remittance ● Avenues India Pvt Ltd
Global Digital Remittance Market Outlook 2021
This report studies the Digital Remittance market. Digital Remittance is an online service that lets people send money to friends and family living abroad, using a computer, smartphone or tablet.
The top three companies, Western Union (WU), Ria Financial Services and PayPal/Xoom, have 48% of the market share.
Market Analysis and Insights: Global Digital Remittance Market
In 2019, the global Digital Remittance market size was USD 2996.3 million and it is expected to reach USD 16790 million by the end of 2026, with a CAGR of 27.6% during 2021-2026.
Global Digital Remittance Scope and Market Size
Digital Remittance market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Digital Remittance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Digital Remittance market is segmented into Banks Digital Remittance, Digital Money Transfer Operators, etc.
Segment by Application, the Digital Remittance market is segmented into Migrant Labor Workforce, Study Abroad and Travel, Small Businesses, Other, etc.
Regional and Country-level Analysis
The Digital Remittance market is analysed and market size information is provided by regions (countries).
The key regions covered in the Digital Remittance market report are North America, Europe, China, Japan, Southeast Asia, India and Central and South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.
Competitive Landscape and Digital Remittance Market Share Analysis
Digital Remittance market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Digital Remittance business, the date to enter into the Digital Remittance market, Digital Remittance product introduction, recent developments, etc.
The major vendors include Western Union (WU), Ria Financial Services, PayPal/Xoom, TransferWise, WorldRemit, MoneyGram, Remitly, Azimo, TransferGo, InstaReM, TNG Wallet, Toast Me, OrbitRemit, Smiles Mobile Remittance, Avenues India Pvt Ltd, etc.
This report focuses on the global Digital Remittance status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Digital Remittance development in North America, Europe, China, Japan, Southeast Asia, India and Central and South America.
This market study covers the global and regional Digital Remittance market with an in-depth analysis of the overall growth prospects in the Digital Remittance market. Furthermore, it sheds light on the comprehensive competitive landscape of the global Digital Remittance market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, and recent developments in both historic and present contexts.
A holistic research of the marketis formedby consideringa spreadof things, from demographics conditions and business cyclesduring aparticular country to market-specific microeconomic impacts. The study found the shift in market paradigms in terms of regional competitive advantageand therefore thecompetitive landscape of major players. Downstream demand analysis and upstream raw materials and equipment additionally administer. With tables and figures helping analyze worldwide Global Digital Remittance Market Forecast this research provides key statistics on the state of the industry and should be a valuable source of guidance and direction for companies and individuals interested in the market.
On the thought of the product, this report displays the assembly, revenue, price, market share and rate of growth of each type, primarily split into
● Banks Digital Remittance ● Digital Money Transfer Operators
On the thought of the highest users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and rate of growth for each application, including
● Migrant Labor Workforce ● Study Abroad and Travel ● Small Businesses ● Other
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Major regions covered within the report:
● North America ● Europe ● Asia-Pacific ● Latin America ● Middle East Africa
The global Digital Remittance market is anticipated to rise at a considerable rate during the forecast period, between 2021 and 2026. In 2021, the market was growing at a mild rate and with the rising adoption of strategies by key players, the market is predicted to rise over the projected horizon. The report also tracks the most recent market dynamics, like driving factors, restraining factors, and industry news like mergers, acquisitions, and investments.
The report can help to know the market and strategize for business expansion accordingly. Within the strategy analysis, it gives insights from market positioning and marketing channel to potential growth strategies, providing in-depth analysis for brand fresh entrants or exists competitors within the Digital Remittance industry. Global Digital Remittance Market Report 2021 provides exclusive statistics, data, information, trends and competitive landscape details during this niche sector.
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Major Points from Table of Contents:
1.3PlayersCovered:RankingbyDigital Remittance Revenue
2.1Digital Remittance MarketPerspective(2015-2026)
2.2Digital Remittance GrowthTrendsbyRegions
3.1GlobalTopDigital Remittance PlayersbyMarketSize
3.2GlobalDigital Remittance MarketConcentrationRatio
3.3Digital Remittance KeyPlayersHeadofficeandAreaServed
3.4KeyPlayersDigital Remittance ProductSolutionandService
3.5DateofEnterintoDigital Remittance Market
4.1GlobalDigital Remittance HistoricMarketSizebyType(2015-2021)
4.2GlobalDigital Remittance ForecastedMarketSizebyType(2021-2026)
5Digital Remittance BreakdownDatabyApplication(2015-2026)
5.1GlobalDigital Remittance MarketSizebyApplication(2015-2021)
5.2GlobalDigital Remittance ForecastedMarketSizebyApplication(2021-2026)
6.1NorthAmericaDigital Remittance MarketSize(2015-2021)
6.2Digital Remittance KeyPlayersinNorthAmerica(2019-2021)
6.3NorthAmericaDigital Remittance MarketSizebyType(2015-2021)
6.4NorthAmericaDigital Remittance MarketSizebyApplication(2015-2021)
13.1.3Company 1Digital Remittance Introduction
13.1.4Company 1RevenueinDigital Remittance Business(2015-2021))
13.1.5Company 1RecentDevelopmentand Many more
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