Digital Remittance Market to Witness Huge Growth by 2025 | Leading Key Players: Western Union (WU), Ria Financial Services, PayPal/Xoom, TransferWise, WorldRemit

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2018-2023 Global Digital Remittance Market Report Status and Outlook

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.

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Companies Profiled in this report includes: 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

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.

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Over the next five years, Publisher projects that Digital Remittance will register a 25.1% CAGR in terms of revenue, reach US$ 5890 million by 2023, from US$ 1540 million in 2017.

This report presents a comprehensive overview, market shares and growth opportunities of Digital Remittance market by product type, application, key companies and key regions.

Research objectives

To study and analyze the global Digital Remittance market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Digital Remittance market by identifying its various subsegments.
Focuses on the key global Digital Remittance players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Digital Remittance with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Digital Remittance submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

 Table of Content:

2018-2023 Global Digital Remittance Market Report (Status and Outlook)

1 Scope of the Report

2 Executive Summary

3 Global Digital Remittance by Players

4 Digital Remittance by Regions

5 Americas

6 APAC

7 Europe

8 Middle East & Africa

9 Market Drivers, Challenges and Trends

10 Global Digital Remittance Market Forecast

11 Key Players Analysis

11.1 Western Union (WU)

11.1.1 Company Details

11.1.2 Digital Remittance Product Offered

11.1.3 Western Union (WU) Digital Remittance Revenue, Gross Margin and Market Share (2016-2018)

11.1.4 Main Business Overview

11.1.5 Western Union (WU) News

11.2 Ria Financial Services

11.2.1 Company Details

11.2.2 Digital Remittance Product Offered

11.2.3 Ria Financial Services Digital Remittance Revenue, Gross Margin and Market Share (2016-2018)

11.2.4 Main Business Overview

11.2.5 Ria Financial Services News

11.3 PayPal/Xoom

11.3.1 Company Details

11.3.2 Digital Remittance Product Offered

11.3.3 PayPal/Xoom Digital Remittance Revenue, Gross Margin and Market Share (2016-2018)

11.3.4 Main Business Overview

11.3.5 PayPal/Xoom News

11.4 TransferWise

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