Press release
Digital Remittance Market Forecast Showing 24.0% CAGR to 2025: Western Union (WU), Ria Financial Services, PayPal/Xoom, TransferWise, WorldRemit, MoneyGram
ReportsWeb
Digital remittances have the potential to engender positive development outcomes. The pure feebased cost savings that result from digital remittances could have a significant impact on immigrant workers, as well as families back home.
Beyond the pure fee costs, important time, reach, and security benefits accrue from digital remittances. The cost savings from digital remittances could be a meaningful boost to global GDP and have a noteworthy impact on poverty. In order for all of these positive developments to be realized, and enabling environment for digital remittances must be created.
Identity, connectivity, banking, and literacy solutions for all must be developed by the public and private sectors in collaboration. With the current refugee crisis, the time is ripe for digital remittances to provide enhanced economic opportunity for those that need it most.
Get Sample Copy Of this report: https://www.reportsweb.com/inquiry&RW00012198169/sample
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
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.
Get Discount of this report: https://www.reportsweb.com/inquiry&RW00012198169/discount
The study objectives of this report are:
To analyze global Digital Remittance status, future forecast, growth opportunity, key market and key players.
To present the Digital Remittance development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
Table of Content:
1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States
6 Europe
7 China
8 Japan
9 Southeast Asia
10 India
11 Central & South America
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
12.4 TransferWise
Complete Report: https://www.reportsweb.com/buy&RW00012198169/buy/3900
Contact Info:
Name: Sameer Joshi
Email: sales@reportsweb.com
Company Name: ReportsWeb
Website: Reportsweb.com
Phone: +1-646-491-9876
Request for Customization:
Any special requirements about this report, please let us know and we can provide custom report.
About ReportsWeb:
ReportsWeb.com is a one stop shop of Market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.
533, 5th floor, Amanora Township,
Amanora Chambers, East Block,
Kharadi Road, Hadapsar, Pune-411028
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Digital Remittance Market Forecast Showing 24.0% CAGR to 2025: Western Union (WU), Ria Financial Services, PayPal/Xoom, TransferWise, WorldRemit, MoneyGram here
News-ID: 1586626 • Views: …
More Releases from ReportsWeb
Global Security Analytics Market by 2028 covers Size, Share, Upcoming Trends Seg …
Global Security Analytics Market Analysis to 2028 is a specialized and in-depth study of the industry with a focus on the global market trend. The report aims to provide an overview of global Market with detailed market segmentation by product/application and geography. Market report covers the present and past market scenarios, market development patterns, and is likely to proceed with a continuing development over the forecast period.
Some of the…
Global Fuel Management System Market Analysis of Features, Benefits, Manufacturi …
Global Fuel Management System Market Analysis to 2028 is a specialized and in-depth study of the industry with a focus on the global market trend. The report aims to provide an overview of global Market with detailed market segmentation by product/application and geography. Market report covers the present and past market scenarios, market development patterns, and is likely to proceed with a continuing development over the forecast period.
Some of…
Global Biometric Sensor Market Size 2021 - COVID19 Impact with Top Manufacturers …
The Global Biometric Sensor Market Research Report 2020-2027 Published by Premium Market Insights, a conspicuous statistical surveying firm incorporates bits of knowledge into the market. The report has been set up by experienced and proficient market experts and scientists. They have investigated the serious scene, division, geological development, and income, creation, and utilization development of the worldwide Biometric Sensor market and included the record. Players can utilize the exact market…
Robotic Position Sensor Market Forecast, 2021–2030 | by Mechanism, Measurement …
The Global Robotic Position Sensor Market Research Report 2020-2027 Published by Premium Market Insights, a conspicuous statistical surveying firm incorporates bits of knowledge into the market. The report has been set up by experienced and proficient market experts and scientists. They have investigated the serious scene, division, geological development, and income, creation, and utilization development of the worldwide Robotic Position Sensor market and included the record. Players can utilize the…
More Releases for Digital
Introducing Digital Sales Pro, Inc: Revolutionizing Digital Sales in the Digital …
Digital Sales Pro, Inc. is a company that helps content creators and publishers make money from content and reach a larger audience with their craft.
In today's world, it can be tough for content creators and publishers to make money and connect with their audience.
At, Digital Sales Pro, Inc. we understand these challenges and have created a suite of solutions that help our clients build a strong online presence, monetize…
Digital Twin in Healthcare Market Analysis By Type - Product Digital Twins, Proc …
Introduction
The healthcare industry has seen significant growth and development over the years, with technology playing a critical role in transforming patient care. One such innovative technology that has emerged in recent years is the Global Digital Twin in Healthcare Market. This technology allows healthcare professionals to create a virtual replica of a patient's physical self, enabling them to monitor and analyze patient data in real-time. The Global Digital Twin in…
Digital Twin in Healthcare Market Analysis By Type - Product Digital Twins, Proc …
In 2021, the market for Digital Twin in Healthcare worldwide was worth $6.75 billion US dollars. AMR Group projects that the market will reach US$ 96.5 billion by 2031, growing at a CAGR of 40 percent between 2022 and 2031.
Industry Overview
Digital twins are virtual copies of physical objects or things that data scientist & IT professionals can use to compute simulations prior to developing and deploying the original devices. Digital…
Digital Therapeutics Market, Digital Therapeutics Market Size, Digital Therapeut …
The global digital therapeutics market is expected to reach US$ 8,941.1 Mn by 2025 from US$ 1,993.2 Mn in 2017. The market is estimated to grow with a CAGR of 20.8% during the forecast period from 2018 to 2025.
North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period, whereas the market is expected to witness growth at a significant…
Digital Advertising on Mobil Market Analysis 2019 Top Growing Companies: Adverti …
Digital Advertising on Mobil Market
Digital Advertising on Mobile Market is a type of advertising that shows that mobile devices such as smart phones and tablets have wireless connectivity. For mobile devices with fewer lenses than computers or laptops, digital media formats are often the most suitable for small displays through outputs. Telephone advertising is the communication of products or services of mobile devices and consumers. Telephone announcements range from…
Digital Display Market Future Growth with Worldwide Players (Digital Virgo, Digi …
Digital Display Industry 2019 Global Market 2025 research report represents the historical overview of current Market situation, size, share, trends, growth, supply, outlook and manufacturers with detailed analysis. It also focuses on Digital Display volume and value at global level, regional level and company level. From a global perspective, this report represents overall Digital Display market size by analyzing historical data and future prospect.
Get Sample Copy of this Report -…
