Digital Money Transfer and Remittance Market Size to Showcase Continued Growth in the Coming Years

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The global digital money transfer and remittance market was valued at USD 241.7 billion in 2019 and is expected to grow at a 7.7% CAGR during the forecast period.

Digital Money Transfer and Remittance Market Research Report

Straits Research has released a new report titled Digital Money Transfer and Remittance by Product type, application, Geographic trends, and Distribution Channel: Industry Opportunity and Analysis. The Digital Money Transfer and Remittance Market Size report provides an in-depth analysis of key growth strategies, drivers, opportunities, key segments, Porter’s Five Forces analysis, and the competitive landscape.

The Industry research report gives a plan for the future that will help companies and other stakeholders make good decisions that will bring good returns for many years. The report provides a practical overview of the global market and its real-time changes so that readers can make decisions about well-informed market projects. This report is specifically about the ways the market can grow and expand its operations in existing markets.

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Some of the Top companies Influencing the Digital Money Transfer and Remittance Market includes:

Western Union Holdings, Inc., Euronet Worldwide Inc., PayPal (Xoom), MoneyGram International, OrbitRemit, Infibeam Avenues Limited (IAL), FlyRemit, Digital Wallet Corporation (Smiles), VayuPay, ControlBox Corp., Rootways Inc., and Cyrus, among others.

Digital Money Transfer and Remittance Market Overview | Impact of COVID-19

Finally, we are all aware of the ongoing COVID-19 pandemic, which is still affecting the growth of various regions around the world. The immediate impacts of the epidemic, on the other hand, are determined by what people want. People may quit buying products in some areas, but others may remain unchanged, with the potential for growth.

Quantifiable Data:

  • Market segmentation by Type and Application / End-User
    By Type Domestic Remittance International Remittance By Application Business Remittance Personal Remittance Public Services Remittance By Sales Channel Banks Money Transfer Operators Online Platforms Others
  • Digital Money Transfer and Remittance -Specific Applications Sales and Growth Rates (Historical Forecast)
  • Digital Money Transfer and Remittance Industry sales, revenue, and growth rate during Forecast
  • Digital Money Transfer and Remittance size and growth rate, segmentation like application and type (Past and Forecast)
  • Sales revenue, volume, and Y-O-Y growth rate (base year) of Digital Money Transfer and Remittance industry.

The report forecasts revenue growth at all geographic levels and provides an in-depth analysis of the latest industry trends and development patterns in each of the segments and sub-segments. Some of the major geographies included in the market are given below:

  • North America (U.S., Canada)
  • Europe (U.K., Germany, France, Italy)
  • Asia Pacific (China, India, Japan, Singapore, Malaysia)
  • Latin America (Brazil, Mexico)
  • Middle East Africa

This Free Report Sample Contains:

  • A detailed introduction to the in-depth research report.
  • Graphical summary of regional overview and analysis.
  • Top producers in sales and revenue analysis.
  • Special illustrations of ideas, restrictions, drivers and trends.
  • Example pages from the report.

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