Global Digital Cross-Border Remittance Market Size was estimated at USD 6241 million in 2021 and is projected to reach USD 18840 million by 2028, exhibiting a CAGR of 17.1% during the forecast period.
Global Digital Cross-Border Remittance Market Overview:
Global Digital Cross-Border Remittance Market Report 2022 comes with the extensive industry analysis development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2022-2028.This research study of Digital Cross-Border Remittance involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.
Scope of the Digital Cross-Border Remittance Market
The Digital Cross-Border Remittance Market Research report incorporate value chain analysis for each of the product type. Value chain analysis offers in depth information about value addition at each stage.The study includes drivers and restraints for Digital Cross-Border Remittance Market along with their impact on demand during the forecast period. The study also provides key market indicators affecting thegrowth of the market. Research report includes major key player analysis with shares of each player inside market, growth rate and market attractiveness in different endusers/regions. Our study Digital Cross-Border Remittance Market helps user to make precise decision in order to expand their market presence and increase market share.
Impact of COVID-19 on Digital Cross-Border Remittance Market
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Digital Cross-Border Remittance market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
Global Digital Cross-Border Remittance Market Segmentation
Global Digital Cross-Border Remittance Market Research report comprises of Porter's five forces analysis to do the detail study about its each segmentation like Product segmentation, End user/application segment analysis and Major key players analysis mentioned as below;
By Type, Digital Cross-Border Remittance market has been segmented into:
Digital Money Transfer Operators
Bank Digital Remittance
By Application, Digital Cross-Border Remittance market has been segmented into:
Personal Customers
Micro and Small Businesses
Regional Analysis:
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
South America (Brazil, Argentina, Rest of SA)
Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Competitive Landscape:
Competitive analysis is the study of strength and weakness, market investment, market share, market sales volume, market trends of major players in the market.The Digital Cross-Border Remittance market study focused on including all the primary level, secondary level and tertiary level competitors in the report. The data generated by conducting the primary and secondary research.The report covers detail analysis of driver, constraints and scope for new players entering the Digital Cross-Border Remittance market.
Top Key Players Covered in Digital Cross-Border Remittance market are:
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
Objective to buy this Report:
1. Digital Cross-Border Remittance analysis predicts the representation of this market, supply and demand, capacity, detailed investigations, etc.
2. Even the report, along with the international series, conducts an in-depth study of rules, policies and current policy.
3. In addition, additional factors are mentioned: imports, arrangement of commodity prices for the market, supply and demand of industry products, major manufacturers.
4. The report starts with Digital Cross-Border Remittance market statistics and moves to important points, with dependent markets categorized by market trend by application.
5. Applications of market may also be assessed based on their performances.
6. Other market attributes, such as future aspects, limitations and growth for all departments.
Chapter 1: Introduction 1.1 Research Objectives 1.2 Research Methodology 1.3 Research Process 1.4 Scope and Coverage 1.4.1 Market Definition 1.4.2 Key Questions Answered 1.5 Market Segmentation Chapter 2:Executive Summary Chapter 3:Growth Opportunities By Segment 3.1 By Type 3.2 By Application Chapter 4: Market Landscape 4.1 Porter's Five Forces Analysis 4.1.1 Bargaining Power of Supplier 4.1.2 Threat of New Entrants 4.1.3 Threat of Substitutes 4.1.4 Competitive Rivalry 4.1.5 Bargaining Power Among Buyers 4.2 Industry Value Chain Analysis 4.3 Market Dynamics 4.3.1 Drivers 4.3.2 Restraints 4.3.3 Opportunities 4.5.4 Challenges 4.4 Pestle Analysis 4.5 Technological Roadmap 4.6 Regulatory Landscape 4.7 SWOT Analysis 4.8 Price Trend Analysis 4.9 Patent Analysis 4.10 Analysis of the Impact of Covid-19 4.10.1 Impact on the Overall Market 4.10.2 Impact on the Supply Chain 4.10.3 Impact on the Key Manufacturers 4.10.4 Impact on the Pricing Chapter 5: Digital Cross-Border Remittance Market by Type 5.1 Digital Cross-Border Remittance Market Overview Snapshot and Growth Engine 5.2 Digital Cross-Border Remittance Market Overview 5.3 Digital Money Transfer Operators 5.3.1 Introduction and Market Overview 5.3.2 Historic and Forecasted Market Size (2016-2028F) 5.3.3 Key Market Trends, Growth Factors and Opportunities 5.3.4 Digital Money Transfer Operators: Geographic Segmentation 5.4 Bank Digital Remittance 5.4.1 Introduction and Market Overview 5.4.2 Historic and Forecasted Market Size (2016-2028F) 5.4.3 Key Market Trends, Growth Factors and Opportunities 5.4.4 Bank Digital Remittance: Geographic Segmentation Chapter 6: Digital Cross-Border Remittance Market by Application 6.1 Digital Cross-Border Remittance Market Overview Snapshot and Growth Engine 6.2 Digital Cross-Border Remittance Market Overview 6.3 Personal Customers 6.3.1 Introduction and Market Overview 6.3.2 Historic and Forecasted Market Size (2016-2028F) 6.3.3 Key Market Trends, Growth Factors and Opportunities 6.3.4 Personal Customers: Geographic Segmentation 6.4 Micro and Small Businesses 6.4.1 Introduction and Market Overview 6.4.2 Historic and Forecasted Market Size (2016-2028F) 6.4.3 Key Market Trends, Growth Factors and Opportunities 6.4.4 Micro and Small Businesses: Geographic Segmentation Chapter 7: Company Profiles and Competitive Analysis 7.1 Competitive Landscape 7.1.1 Competitive Positioning 7.1.2 Digital Cross-Border Remittance Sales and Market Share By Players 7.1.3 Industry BCG Matrix 7.1.4 Heat Map Analysis 7.1.5 Digital Cross-Border Remittance Industry Concentration Ratio (CR5 and HHI) 7.1.6 Top 5 Digital Cross-Border Remittance Players Market Share 7.1.7 Mergers and Acquisitions 7.1.8 Business Strategies By Top Players 7.2 WESTERN UNION (WU) 7.2.1 Company Overview 7.2.2 Key Executives 7.2.3 Company Snapshot 7.2.4 Operating Business Segments 7.2.5 Product Portfolio 7.2.6 Business Performance 7.2.7 Key Strategic Moves and Recent Developments 7.2.8 SWOT Analysis 7.3 WISE (TRANSFERWISE) 7.4 ZEPZ (WORLDREMIT 7.5 SENDWAVE) 7.6 REMITLY 7.7 RIA FINANCIAL SERVICES (EURONET) 7.8 PAYPAL/XOOM 7.9 MONEYGRAM 7.10 FLYWIRE 7.11 TRANSFERGO 7.12 ORBITREMIT 7.13 INTERMEX 7.14 AZIMO 7.15 NIUM 7.16 INC (INSTAREM) 7.17 TNG FINTECH Chapter 8: Global Digital Cross-Border Remittance Market Analysis, Insights and Forecast, 2016-2028 8.1 Market Overview 8.2 Historic and Forecasted Market Size By Type 8.2.1 Digital Money Transfer Operators 8.2.2 Bank Digital Remittance 8.3 Historic and Forecasted Market Size By Application 8.3.1 Personal Customers 8.3.2 Micro and Small Businesses Chapter 9: North America Digital Cross-Border Remittance Market Analysis, Insights and Forecast, 2016-2028 9.1 Key Market Trends, Growth Factors and Opportunities 9.2 Impact of Covid-19 9.3 Key Players 9.4 Key Market Trends, Growth Factors and Opportunities 9.4 Historic and Forecasted Market Size By Type 9.4.1 Digital Money Transfer Operators 9.4.2 Bank Digital Remittance 9.5 Historic and Forecasted Market Size By Application 9.5.1 Personal Customers 9.5.2 Micro and Small Businesses 9.6 Historic and Forecast Market Size by Country 9.6.1 U.S. 9.6.2 Canada 9.6.3 Mexico Chapter 10: Europe Digital Cross-Border Remittance Market Analysis, Insights and Forecast, 2016-2028 10.1 Key Market Trends, Growth Factors and Opportunities 10.2 Impact of Covid-19 10.3 Key Players 10.4 Key Market Trends, Growth Factors and Opportunities 10.4 Historic and Forecasted Market Size By Type 10.4.1 Digital Money Transfer Operators 10.4.2 Bank Digital Remittance 10.5 Historic and Forecasted Market Size By Application 10.5.1 Personal Customers 10.5.2 Micro and Small Businesses 10.6 Historic and Forecast Market Size by Country 10.6.1 Germany 10.6.2 U.K. 10.6.3 France 10.6.4 Italy 10.6.5 Russia 10.6.6 Spain 10.6.7 Rest of Europe Chapter 11: Asia-Pacific Digital Cross-Border Remittance Market Analysis, Insights and Forecast, 2016-2028 11.1 Key Market Trends, Growth Factors and Opportunities 11.2 Impact of Covid-19 11.3 Key Players 11.4 Key Market Trends, Growth Factors and Opportunities 11.4 Historic and Forecasted Market Size By Type 11.4.1 Digital Money Transfer Operators 11.4.2 Bank Digital Remittance 11.5 Historic and Forecasted Market Size By Application 11.5.1 Personal Customers 11.5.2 Micro and Small Businesses 11.6 Historic and Forecast Market Size by Country 11.6.1 China 11.6.2 India 11.6.3 Japan 11.6.4 Singapore 11.6.5 Australia 11.6.6 New Zealand 11.6.7 Rest of APAC Chapter 12: Middle East & Africa Digital Cross-Border Remittance Market Analysis, Insights and Forecast, 2016-2028 12.1 Key Market Trends, Growth Factors and Opportunities 12.2 Impact of Covid-19 12.3 Key Players 12.4 Key Market Trends, Growth Factors and Opportunities 12.4 Historic and Forecasted Market Size By Type 12.4.1 Digital Money Transfer Operators 12.4.2 Bank Digital Remittance 12.5 Historic and Forecasted Market Size By Application 12.5.1 Personal Customers 12.5.2 Micro and Small Businesses 12.6 Historic and Forecast Market Size by Country 12.6.1 Turkey 12.6.2 Saudi Arabia 12.6.3 Iran 12.6.4 UAE 12.6.5 Africa 12.6.6 Rest of MEA Chapter 13: South America Digital Cross-Border Remittance Market Analysis, Insights and Forecast, 2016-2028 13.1 Key Market Trends, Growth Factors and Opportunities 13.2 Impact of Covid-19 13.3 Key Players 13.4 Key Market Trends, Growth Factors and Opportunities 13.4 Historic and Forecasted Market Size By Type 13.4.1 Digital Money Transfer Operators 13.4.2 Bank Digital Remittance 13.5 Historic and Forecasted Market Size By Application 13.5.1 Personal Customers 13.5.2 Micro and Small Businesses 13.6 Historic and Forecast Market Size by Country 13.6.1 Brazil 13.6.2 Argentina 13.6.3 Rest of SA Chapter 14 Investment Analysis Chapter 15 Analyst Viewpoint and Conclusion
Publisher: Introspective Market Research
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Global Digital Cross-Border Remittance Market Size was estimated at USD 6241 million in 2021 and is projected to reach USD 18840 million by 2028.
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
North America,Europe,Asia-Pacific,South America,Middle East & Africa