openPR Logo
Press release

Digital Remittance Market Forecast Showing 28.6% CAGR to 2025 | Western Union (WU), InstaReM, Ria Financial Services

02-06-2020 12:41 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsWeb

Digital Remittance Market

Digital Remittance Market

Global Digital Remittance Market Growth Status and Outlook 2020-2025

According to this study, over the next five years the Digital Remittance market will register a 28.6% CAGR in terms of revenue, the global market size will reach $ 8024.6 million by 2025, from $ 2931.1 million in 2019. In particular, this report presents the global revenue market share of key companies in Digital Remittance business, shared in Chapter 3.

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

Get Sample Copy Of this report:  https://www.reportsweb.com/inquiry&RW00013172385/sample

Companies Profiled in this report includes: Western Union (WU), InstaReM, Ria Financial Services, TransferWise, WorldRemit, PayPal/Xoom, Azimo, MoneyGram, TransferGo, Remitly, TNG Wallet, Smiles Mobile Remittance, OrbitRemit, Avenues India Pvt Ltd, Toast Me

Digital Remittance is an online service that lets people send money to friends and family living abroad, using a computer, smartphone or tablet.

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.

In the foreseeable future, Digital Remittance will show an optimistic upward trend. Although Digital Remittance bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage and financial support, do not enter the Digital Remittance field hastily.

Get Discount of this report: https://www.reportsweb.com/inquiry&RW00013172385/discount

Research objectives

To study and analyze the global Digital Remittance market size by key regions/countries, type and application, history data from 2015 to 2019, and forecast to 2025.

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:

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 (2018-2020)

11.1.4 Main Business Overview

11.1.5 Western Union (WU) News

11.2 InstaReM

11.2.1 Company Details

11.2.2 Digital Remittance Product Offered

11.2.3 InstaReM Digital Remittance Revenue, Gross Margin and Market Share (2018-2020)

11.2.4 Main Business Overview

11.2.5 InstaReM News

11.3 Ria Financial Services

11.3.1 Company Details

11.3.2 Digital Remittance Product Offered

11.3.3 Ria Financial Services Digital Remittance Revenue, Gross Margin and Market Share (2018-2020)

11.3.4 Main Business Overview

11.3.5 Ria Financial Services News

11.4 TransferWise

Complete Report: https://www.reportsweb.com/buy&RW00013172385/buy/5490

Request for Customization:

Any special requirements about this report, please let us know and we can provide custom report.

Contact Info:
Name: Sameer Joshi
Email: sales@reportsweb.com
Company Name: ReportsWeb
Website: Reportsweb.com

Phone: +1-646-491-9876

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.

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 28.6% CAGR to 2025 | Western Union (WU), InstaReM, Ria Financial Services here

News-ID: 1921807 • 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 Analysis | Industry Share, Revenue Forecast till 2030
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 Duration & Application
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…

All 5 Releases


More Releases for Remittance

Digital Remittance Market
According to this latest study, the 2021 growth of Digital Remittance will have significant change from previous year. By the most conservative estimates of global Digital Remittance market size (most likely outcome) will be a year-over-year revenue growth rate of % in 2021, from US$ 4503.9 million in 2020. Over the next five years the Digital Remittance market will register a 18.1% CAGR in terms of revenue, the global market…
Asia-Pacific Digital Remittance Market by Remittance Type (Inward Digital Remitt …
Digital remittance involves the transfer of money by foreign migrants cross-border to another person via digital platforms. It serves as a latest service, which makes transferring funds easier, quicker, and enables remote sends. The remittance industry is shifting its focus on being digitally remastered. Factors such as growth in base of customers comfortable with using mobile devices in Asia-Pacific, rise in competition from new entrants, and margin pressures due to…
Asia-Pacific Digital Remittance Market by Remittance Type (Inward Digital Remitt …
Digital remittance involves the transfer of money by foreign migrants cross-border to another person via digital platforms. It serves as a latest service, which makes transferring funds easier, quicker, and enables remote sends. The remittance industry is shifting its focus on being digitally remastered. Factors such as growth in base of customers comfortable with using mobile devices in Asia-Pacific, rise in competition from new entrants, and margin pressures due to…
Asia-Pacific Digital Remittance Market by Remittance Type (Inward Digital Remitt …
Digital remittance involves the transfer of money by foreign migrants cross-border to another person via digital platforms. It serves as a latest service, which makes transferring funds easier, quicker, and enables remote sends. The remittance industry is shifting its focus on being digitally remastered. Factors such as growth in base of customers comfortable with using mobile devices in Asia-Pacific, rise in competition from new entrants, and margin pressures due to…
Asia-Pacific Digital Remittance Market by Remittance Type (Inward Digital Remitt …
According to a recent report published by Allied Market Research, titled, Asia-Pacific digital remittance market by Remittance Type, Remittance Channel, and End User: Global Opportunity Analysis and Industry Forecast, 2018-2025, the Asia-Pacific digital remittance market was valued at $31,234 million in 2016, and is projected to reach at $215,817 million by 2025, growing at a CAGR of 24.2% from 2018 to 2025. Get the sample report: https://www.alliedmarketresearch.com/request-sample/4726 Rise in cross-border transactions &…
Asia-Pacific Digital Remittance Market by Remittance Type (Inward Digital Remitt …
According to a recent report published by Allied Market Research, titled, Asia-Pacific digital remittance market by Remittance Type, Remittance Channel, and End User: Global Opportunity Analysis and Industry Forecast, 2018-2025, the Asia-Pacific digital remittance market was valued at $31,234 million in 2016, and is projected to reach at $215,817 million by 2025, growing at a CAGR of 24.2% from 2018 to 2025. Access Full Summary @ https://www.alliedmarketresearch.com/asia-pacific-digital-remittance-market The personal segment dominated the…