Digital Remittance Market Competitive Scenario of Leading Key Players 2018-2025 | Ria Financial Services, PayPal/Xoom, TransferWise, WorldRemit, MoneyGram, Remitly, Azimo, TransferGo, InstaReM, TNG Wallet, Coins.ph, Toast

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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.

Migrant labor workforce is the most important drivers to promote the global development. In future, the blockchain technology will exert far-reaching influence on the remittance market. Most of traditional bank, fintech and other financial firms have researched and tested the blockchain technology used in remittance volume. In the same time, some companies like Ant Financial/Alipay, Coins.ph, Auxesis, Bitspark, Rebit and Cashaa, have introduced their products in remittance.

In 2017, the global Digital Remittance market size was 1540 million US$ and it is expected to reach 8590 million US$ by the end of 2025, with a CAGR of 24.0% during 2018-2025.

The report “Global Digital Remittance Market Size Status and Forecast 2025” reviews the latest market trends with a perceptive attempt to disclose the near-future growth prospects. An in-depth analysis on a geographic basis provides strategic business intelligence and Detailed Geographical Coverage. The study reveals profitable investment strategies for companies, business executives, product marketing managers, new business investors and many more in preferred locations.

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This report focuses on the global Digital Remittance status, future forecast, growth opportunity, key market and key players. The key players covered in this study Western Union (WU), Ria Financial Services, PayPal/Xoom, TransferWise, WorldRemit, MoneyGram, Remitly, Azimo, TransferGo, InstaReM, TNG Wallet, Coins.ph, Toast, OrbitRemit, Smiles/Digital Wallet Corporation, Avenues India Pvt Ltd, FlyRemit, WeChat Payment, Ant Financial/Alipay, and among others…

The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.

Market segment by Type, the product can be split into
Banks Digital Remittance
Digital Money Transfer Operators

Market segment by Application, split into
Migrant Labor Workforce
Study Abroad and Travel
Small Businesses

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The report provides answers to the following questions related to the global Digital Remittance Market.

• What are the current changes witnessed by the market and how are they likely to impact the market landscape in the coming years?
• What are the various factors that can affect the market over the next few years?
• What are the major emerging trends and challenges for the market over the next five years?
• What is the market size and market forecast for each product segment and end-user type?
• Which region is expected to witness the highest market share and what are the factors driving the growth in that region?
• What is the sale growth rate in key geographies?
• Which are the major countries in terms of market size and market forecast?
• Which are the key vendors in the market?
• What are the main strategies implemented by the leading vendors to increase growth opportunities?
• Which are the key emerging vendors in the market?

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Table of Content

1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application

12 International Players Profiles
12.1 Western Union (WU)
12.1.1 Western Union (WU) Company Details
12.1.2 Company Description and Business Overview
12.1.3 Digital Remittance Introduction
12.1.4 Western Union (WU) Revenue in Digital Remittance Business (2013-2018)
12.1.5 Western Union (WU) Recent Development
12.2 Ria Financial Services
12.2.1 Ria Financial Services Company Details
12.2.2 Company Description and Business Overview
12.2.3 Digital Remittance Introduction
12.2.4 Ria Financial Services Revenue in Digital Remittance Business (2013-2018)
12.2.5 Ria Financial Services Recent Development
12.3 PayPal/Xoom
12.3.1 PayPal/Xoom Company Details
12.3.2 Company Description and Business Overview
12.3.3 Digital Remittance Introduction
12.3.4 PayPal/Xoom Revenue in Digital Remittance Business (2013-2018)
12.3.5 PayPal/Xoom Recent Development

13 Market Forecast 2018-2025
13.1 Market Size Forecast by Regions
13.2 United States
13.3 Europe
13.4 China
13.5 Japan
13.6 Southeast Asia
13.7 India
13.8 Central & South America
13.9 Market Size Forecast by Product (2018-2025)
13.10 Market Size Forecast by Application (2018-2025)

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