Global Digital Remittance Competitive Landscape Professional Research Report 2024

Report Format: PDF   |   Report ID: 5675249   |   Published Date: July 2024   |   Pages:  170+  

Research Summary
Digital remittance refers to the electronic transfer of funds across borders by individuals or businesses to recipients in another country. This process leverages digital platforms, online banking, mobile apps, and financial technology (fintech) services to send money quickly and securely. Digital remittance offers advantages over traditional methods by providing faster transactions, lower fees, greater transparency, and the convenience of remote transfers. This technology plays a vital role in facilitating international money transfers, supporting families and businesses, and contributing to financial inclusion by offering accessible and efficient ways to send and receive funds globally.
According to DIResearch's in-depth investigation and research, the global Digital Remittance market size will reach US$ Million in 2024, and is expected to reach US$ Million in 2030, with a CAGR of % (2025-2030). Among them, the China market has changed rapidly in the past few years. The market size in 2024 will be US$ Million, accounting for approximately % of the world. It is expected to reach US$ Million in 2030, and the global share will reach %.
The major global manufacturers of Digital Remittance include Western Union (WU), Wise (TransferWise), Zepz (WorldRemit, Sendwave), Remitly, Ria Financial Services (Euronet), PayPal/Xoom, MoneyGram, Flywire, TransferGo, OrbitRemit, Intermex, Azimo, NIUM (Instarem), TNG FinTech, Small World, Smiles/Digital Wallet Corporation, Coins.ph, SingX, FlyRemit etc. The global players competition landscape in this report is divided into three tiers. The first tiers is the global leading enterprise, which occupies a major market share, is in a leading position in the industry, has strong competitiveness and influence, and has a large revenue scale; the second tiers has a certain share and popularity in the market, actively follows the industry leaders in product, service or technological innovation, and has a medium revenue scale; the third tiers has a smaller share in the market, has a lower brand awareness, mainly focuses on the local market, and has a relatively small revenue scale.
This report studies the market size, price trends and future development prospects of Digital Remittance. Focus on analysing the market share, product portfolio, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Digital Remittance market. The report data covers historical data from 2019 to 2023, base year in 2024 and forecast data from 2025 to 2030.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Digital Remittance market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Digital Remittance industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Digital Remittance Include:
Western Union (WU)
Wise (TransferWise)
Zepz (WorldRemit
Sendwave)
Remitly
Ria Financial Services (Euronet)
PayPal/Xoom
MoneyGram
Flywire
TransferGo
OrbitRemit
Intermex
Azimo
NIUM (Instarem)
TNG FinTech
Small World
Smiles/Digital Wallet Corporation
Coins.ph
SingX
FlyRemit
Digital Remittance Product Segment Include:
Digital Money Transfer Operators
Banks Digital Remittance
Digital Remittance Product Application Include:
Personal Customers
 Micro and Small Businesses
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Digital Remittance Industry PESTEL Analysis
Chapter 3: Global Digital Remittance Industry Porter's Five Forces Analysis
Chapter 4: Global Digital Remittance Major Regional Market Size and Forecast Analysis
Chapter 5: Global Digital Remittance Market Size and Forecast by Type and Application Analysis
Chapter 6: North America Digital Remittance Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe Digital Remittance Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China Digital Remittance Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) Digital Remittance Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America Digital Remittance Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa Digital Remittance Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global Digital Remittance Competitive Analysis of Key Manufacturers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
Table of Contents

1 Digital Remittance Market Overview

1.1 Product Definition and Statistical Scope

1.2 Digital Remittance Product by Type

1.2.1 Global Digital Remittance Market Size by Type, 2023 VS 2024 VS 2030

1.2.2 Digital Money Transfer Operators

1.2.3 Banks Digital Remittance

1.3 Digital Remittance Product by Application

1.3.1 Global Digital Remittance Market Size by Application, 2023 VS 2024 VS 2030

1.3.2 Personal Customers

1.3.3  Micro and Small Businesses

1.4 Global Digital Remittance Market Revenue Analysis (2019-2030)

1.5 Digital Remittance Market Development Status and Trends

1.5.1 Digital Remittance Industry Development Status Analysis

1.5.2 Digital Remittance Industry Development Trends Analysis

2 Digital Remittance Market PESTEL Analysis

2.1 Political Factors Analysis

2.2 Economic Factors Analysis

2.3 Social Factors Analysis

2.4 Technological Factors Analysis

2.5 Environmental Factors Analysis

2.6 Legal Factors Analysis

3 Digital Remittance Market Porter's Five Forces Analysis

3.1 Competitive Rivalry

3.2 Threat of New Entrants

3.3 Bargaining Power of Suppliers

3.4 Bargaining Power of Buyers

3.5 Threat of Substitutes

4 Global Digital Remittance Market Analysis by Regions

4.1 Digital Remittance Overall Market: 2023 VS 2024 VS 2030

4.2 Global Digital Remittance Revenue and Forecast Analysis (2019-2030)

4.2.1 Global Digital Remittance Revenue and Market Share by Region (2019-2024)

4.2.2 Global Digital Remittance Revenue Forecast by Region (2025-2030)

5 Global Digital Remittance Market Size by Type and Application

5.1 Global Digital Remittance Market Size by Type

5.2 Global Digital Remittance Market Size by Application

6 North America

6.1 North America Digital Remittance Market Size and Growth Rate Analysis (2019-2030)

6.2 North America Key Manufacturers Analysis

6.3 North America Digital Remittance Market Size by Type

6.4 North America Digital Remittance Market Size by Application

6.5 North America Digital Remittance Market Size by Country

6.5.1 US

6.5.2 Canada

7 Europe

7.1 Europe Digital Remittance Market Size and Growth Rate Analysis (2019-2030)

7.2 Europe Key Manufacturers Analysis

7.3 Europe Digital Remittance Market Size by Type

7.4 Europe Digital Remittance Market Size by Application

7.5 Europe Digital Remittance Market Size by Country

7.5.1 Germany

7.5.2 France

7.5.3 United Kingdom

7.5.4 Italy

7.5.5 Spain

7.5.6 Benelux

8 China

8.1 China Digital Remittance Market Size and Growth Rate Analysis (2019-2030)

8.2 China Key Manufacturers Analysis

8.3 China Digital Remittance Market Size by Type

8.4 China Digital Remittance Market Size by Application

9 APAC (excl. China)

9.1 APAC (excl. China) Digital Remittance Market Size and Growth Rate Analysis (2019-2030)

9.2 APAC (excl. China) Key Manufacturers Analysis

9.3 APAC (excl. China) Digital Remittance Market Size by Type

9.4 APAC (excl. China) Digital Remittance Market Size by Application

9.5 APAC (excl. China) Digital Remittance Market Size by Country

9.5.1 Japan

9.5.2 South Korea

9.5.3 India

9.5.4 Australia

9.5.5 Indonesia

9.5.6 Vietnam

9.5.7 Malaysia

9.5.8 Thailand

10 Latin America

10.1 Latin America Digital Remittance Market Size and Growth Rate Analysis (2019-2030)

10.2 Latin America Key Manufacturers Analysis

10.3 Latin America Digital Remittance Market Size by Type

10.4 Latin America Digital Remittance Market Size by Application

10.5 Latin America Digital Remittance Market Size by Country

10.5.1 Mecixo

10.5.2 Brazil

11 Middle East & Africa

11.1 Middle East & Africa Digital Remittance Market Size and Growth Rate Analysis (2019-2030)

11.2 Middle East & Africa Key Manufacturers Analysis

11.3 Middle East & Africa Digital Remittance Market Size by Type

11.4 Middle East & Africa Digital Remittance Market Size by Application

11.5 Middle East & Africa Digital Remittance Market Size by Country

11.5.1 Saudi Arabia

11.5.2 South Africa

12 Market Competition by Manufacturers

12.1 Global Digital Remittance Market Revenue by Key Manufacturers (2020-2024)

12.2 Digital Remittance Competitive Landscape Analysis and Market Dynamic

12.2.1 Digital Remittance Competitive Landscape Analysis

12.2.2 Global Key Manufacturers Headquarter and Key Area Sales

12.2.3 Market Dynamic

13 Key Companies Analysis

13.1 Western Union (WU)

13.1.1 Western Union (WU) Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.1.2 Western Union (WU) Digital Remittance Product Portfolio

13.1.3 Western Union (WU) Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.2 Wise (TransferWise)

13.2.1 Wise (TransferWise) Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.2.2 Wise (TransferWise) Digital Remittance Product Portfolio

13.2.3 Wise (TransferWise) Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.3 Zepz (WorldRemit

13.3.1 Zepz (WorldRemit Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.3.2 Zepz (WorldRemit Digital Remittance Product Portfolio

13.3.3 Zepz (WorldRemit Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.4 Sendwave)

13.4.1 Sendwave) Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.4.2 Sendwave) Digital Remittance Product Portfolio

13.4.3 Sendwave) Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.5 Remitly

13.5.1 Remitly Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.5.2 Remitly Digital Remittance Product Portfolio

13.5.3 Remitly Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.6 Ria Financial Services (Euronet)

13.6.1 Ria Financial Services (Euronet) Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.6.2 Ria Financial Services (Euronet) Digital Remittance Product Portfolio

13.6.3 Ria Financial Services (Euronet) Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.7 PayPal/Xoom

13.7.1 PayPal/Xoom Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.7.2 PayPal/Xoom Digital Remittance Product Portfolio

13.7.3 PayPal/Xoom Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.8 MoneyGram

13.8.1 MoneyGram Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.8.2 MoneyGram Digital Remittance Product Portfolio

13.8.3 MoneyGram Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.9 Flywire

13.9.1 Flywire Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.9.2 Flywire Digital Remittance Product Portfolio

13.9.3 Flywire Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.10 TransferGo

13.10.1 TransferGo Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.10.2 TransferGo Digital Remittance Product Portfolio

13.10.3 TransferGo Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.11 OrbitRemit

13.11.1 OrbitRemit Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.11.2 OrbitRemit Digital Remittance Product Portfolio

13.11.3 OrbitRemit Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.12 Intermex

13.12.1 Intermex Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.12.2 Intermex Digital Remittance Product Portfolio

13.12.3 Intermex Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.13 Azimo

13.13.1 Azimo Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.13.2 Azimo Digital Remittance Product Portfolio

13.13.3 Azimo Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.14 NIUM (Instarem)

13.14.1 NIUM (Instarem) Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.14.2 NIUM (Instarem) Digital Remittance Product Portfolio

13.14.3 NIUM (Instarem) Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.15 TNG FinTech

13.15.1 TNG FinTech Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.15.2 TNG FinTech Digital Remittance Product Portfolio

13.15.3 TNG FinTech Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.16 Small World

13.16.1 Small World Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.16.2 Small World Digital Remittance Product Portfolio

13.16.3 Small World Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.17 Smiles/Digital Wallet Corporation

13.17.1 Smiles/Digital Wallet Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.17.2 Smiles/Digital Wallet Corporation Digital Remittance Product Portfolio

13.17.3 Smiles/Digital Wallet Corporation Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.18 Coins.ph

13.18.1 Coins.ph Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.18.2 Coins.ph Digital Remittance Product Portfolio

13.18.3 Coins.ph Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.19 SingX

13.19.1 SingX Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.19.2 SingX Digital Remittance Product Portfolio

13.19.3 SingX Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.20 FlyRemit

13.20.1 FlyRemit Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.20.2 FlyRemit Digital Remittance Product Portfolio

13.20.3 FlyRemit Digital Remittance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

14 Industry Chain Analysis

14.1 Digital Remittance Industry Chain Analysis

14.2 Digital Remittance Industry Raw Material and Suppliers Analysis

14.2.1 Upstream Key Raw Material Supply Analysis

14.2.2 Raw Material Suppliers and Contact Information

14.3 Digital Remittance Typical Downstream Customers

14.4 Digital Remittance Sales Channel Analysis

15 Research Findings and Conclusion

16 Methodology and Data Source

16.1 Methodology/Research Approach

16.2 Research Scope

16.3 Benchmarks and Assumptions

16.4 Date Source

16.4.1 Primary Sources

16.4.2 Secondary Sources

16.5 Data Cross Validation

16.6 Disclaimer


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Publisher: DIResearch