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Digital money transfers — sending money to another person via digital platforms — is a modern convenience that makes transferring funds easier, quicker and enables remote sends.
Scope of the Report:
This report studies the Digital Money Transfer & Remittances market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Digital Money Transfer & Remittances market by product type and applications/end industries.
The research explores the best practice for service deployment, identifies the optimal markets for growth, assesses key player capabilities and provides the most in-depth forecasts across a range of key metrics. The research includes an analysis of the long term implications of, and strategic recommendations
For many payment services, P2P is a service to drive consumer acceptance, rather than a stand-alone, revenue-generating business. Proof of that model is indicated in the typical fee structures; low or no-fee offerings are a way to gain market and mind share. Once they get the app into people’s hands, they then can leverage that with payments for businesses, remittances or for a variety of other financial services.
The global Digital Money Transfer & Remittances market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Digital Money Transfer & Remittances.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
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
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Domestic Money Transfer
International Money Transfer
Market Segment by Applications, can be divided into
Consumer
Enterprise
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Digital Money Transfer & Remittances Market Overview
1.1 Product Overview and Scope of Digital Money Transfer & Remittances
1.2 Classification of Digital Money Transfer & Remittances by Types
1.2.1 Global Digital Money Transfer & Remittances Revenue Comparison by Types (2017-2023)
1.2.2 Global Digital Money Transfer & Remittances Revenue Market Share by Types in 2017
1.2.3 Domestic Money Transfer
1.2.4 International Money Transfer
1.3 Global Digital Money Transfer & Remittances Market by Application
1.3.1 Global Digital Money Transfer & Remittances Market Size and Market Share Comparison by Applications (2013-2023)
1.3.2 Consumer
1.3.3 Enterprise
1.4 Global Digital Money Transfer & Remittances Market by Regions
1.4.1 Global Digital Money Transfer & Remittances Market Size (Million USD) Comparison by Regions (2013-2023)
1.4.1 North America (USA, Canada and Mexico) Digital Money Transfer & Remittances Status and Prospect (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Digital Money Transfer & Remittances Status and Prospect (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Digital Money Transfer & Remittances Status and Prospect (2013-2023)
1.4.4 South America (Brazil, Argentina, Colombia) Digital Money Transfer & Remittances Status and Prospect (2013-2023)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Digital Money Transfer & Remittances Status and Prospect (2013-2023)
1.5 Global Market Size of Digital Money Transfer & Remittances (2013-2023)
2 Manufacturers Profiles
2.1 Western Union (WU)
2.1.1 Business Overview
2.1.2 Digital Money Transfer & Remittances Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Western Union (WU) Digital Money Transfer & Remittances Revenue, Gross Margin and Market Share (2016-2017)
2.2 Ria Financial Services
2.2.1 Business Overview
2.2.2 Digital Money Transfer & Remittances Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Ria Financial Services Digital Money Transfer & Remittances Revenue, Gross Margin and Market Share (2016-2017)
2.3 PayPal/Xoom
2.3.1 Business Overview
2.3.2 Digital Money Transfer & Remittances Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 PayPal/Xoom Digital Money Transfer & Remittances Revenue, Gross Margin and Market Share (2016-2017)
2.4 TransferWise
2.4.1 Business Overview
2.4.2 Digital Money Transfer & Remittances Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 TransferWise Digital Money Transfer & Remittances Revenue, Gross Margin and Market Share (2016-2017)
2.5 WorldRemit
2.5.1 Business Overview
2.5.2 Digital Money Transfer & Remittances Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 WorldRemit Digital Money Transfer & Remittances Revenue, Gross Margin and Market Share (2016-2017)
2.6 MoneyGram
2.6.1 Business Overview
2.6.2 Digital Money Transfer & Remittances Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 MoneyGram Digital Money Transfer & Remittances Revenue, Gross Margin and Market Share (2016-2017)
2.7 Remitly
2.7.1 Business Overview
2.7.2 Digital Money Transfer & Remittances Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Remitly Digital Money Transfer & Remittances Revenue, Gross Margin and Market Share (2016-2017)
2.8 Azimo
2.8.1 Business Overview
2.8.2 Digital Money Transfer & Remittances Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 Azimo Digital Money Transfer & Remittances Revenue, Gross Margin and Market Share (2016-2017)
2.9 TransferGo
2.9.1 Business Overview
2.9.2 Digital Money Transfer & Remittances Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 TransferGo Digital Money Transfer & Remittances Revenue, Gross Margin and Market Share (2016-2017)
2.10 InstaReM
2.10.1 Business Overview
2.10.2 Digital Money Transfer & Remittances Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 InstaReM Digital Money Transfer & Remittances Revenue, Gross Margin and Market Share (2016-2017)
2.11 TNG Wallet
2.11.1 Business Overview
2.11.2 Digital Money Transfer & Remittances Type and Applications
2.11.2.1 Product A
2.11.2.2 Product B
2.11.3 TNG Wallet Digital Money Transfer & Remittances Revenue, Gross Margin and Market Share (2016-2017)
2.12 Coins.ph
2.12.1 Business Overview
2.12.2 Digital Money Transfer & Remittances Type and Applications
2.12.2.1 Product A
2.12.2.2 Product B
2.12.3 Coins.ph Digital Money Transfer & Remittances Revenue, Gross Margin and Market Share (2016-2017)
2.13 Toast
2.13.1 Business Overview
2.13.2 Digital Money Transfer & Remittances Type and Applications
2.13.2.1 Product A
2.13.2.2 Product B
2.13.3 Toast Digital Money Transfer & Remittances Revenue, Gross Margin and Market Share (2016-2017)
2.14 OrbitRemit
2.14.1 Business Overview
2.14.2 Digital Money Transfer & Remittances Type and Applications
2.14.2.1 Product A
2.14.2.2 Product B
2.14.3 OrbitRemit Digital Money Transfer & Remittances Revenue, Gross Margin and Market Share (2016-2017)
2.15 Smiles/Digital Wallet Corporation
2.15.1 Business Overview
2.15.2 Digital Money Transfer & Remittances Type and Applications
2.15.2.1 Product A
2.15.2.2 Product B
2.15.3 Smiles/Digital Wallet Corporation Digital Money Transfer & Remittances Revenue, Gross Margin and Market Share (2016-2017)
2.16 Avenues India Pvt Ltd
2.16.1 Business Overview
2.16.2 Digital Money Transfer & Remittances Type and Applications
2.16.2.1 Product A
2.16.2.2 Product B
2.16.3 Avenues India Pvt Ltd Digital Money Transfer & Remittances Revenue, Gross Margin and Market Share (2016-2017)
2.17 FlyRemit
2.17.1 Business Overview
2.17.2 Digital Money Transfer & Remittances Type and Applications
2.17.2.1 Product A
2.17.2.2 Product B
2.17.3 FlyRemit Digital Money Transfer & Remittances Revenue, Gross Margin and Market Share (2016-2017)
2.18 WeChat Payment
2.18.1 Business Overview
2.18.2 Digital Money Transfer & Remittances Type and Applications
2.18.2.1 Product A
2.18.2.2 Product B
2.18.3 WeChat Payment Digital Money Transfer & Remittances Revenue, Gross Margin and Market Share (2016-2017)
2.19 Ant Financial/Alipay
2.19.1 Business Overview
2.19.2 Digital Money Transfer & Remittances Type and Applications
2.19.2.1 Product A
2.19.2.2 Product B
2.19.3 Ant Financial/Alipay Digital Money Transfer & Remittances Revenue, Gross Margin and Market Share (2016-2017)
3 Global Digital Money Transfer & Remittances Market Competition, by Players
3.1 Global Digital Money Transfer & Remittances Revenue and Share by Players (2013-2018)
3.2 Market Concentration Rate
3.2.1 Top 5 Digital Money Transfer & Remittances Players Market Share
3.2.2 Top 10 Digital Money Transfer & Remittances Players Market Share
3.3 Market Competition Trend
4 Global Digital Money Transfer & Remittances Market Size by Regions
4.1 Global Digital Money Transfer & Remittances Revenue and Market Share by Regions
4.2 North America Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
4.3 Europe Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
4.4 Asia-Pacific Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
4.5 South America Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
4.6 Middle East and Africa Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
5 North America Digital Money Transfer & Remittances Revenue by Countries
5.1 North America Digital Money Transfer & Remittances Revenue by Countries (2013-2018)
5.2 USA Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
5.3 Canada Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
5.4 Mexico Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
6 Europe Digital Money Transfer & Remittances Revenue by Countries
6.1 Europe Digital Money Transfer & Remittances Revenue by Countries (2013-2018)
6.2 Germany Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
6.3 UK Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
6.4 France Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
6.5 Russia Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
6.6 Italy Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
7 Asia-Pacific Digital Money Transfer & Remittances Revenue by Countries
7.1 Asia-Pacific Digital Money Transfer & Remittances Revenue by Countries (2013-2018)
7.2 China Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
7.3 Japan Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
7.4 Korea Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
7.5 India Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
7.6 Southeast Asia Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
8 South America Digital Money Transfer & Remittances Revenue by Countries
8.1 South America Digital Money Transfer & Remittances Revenue by Countries (2013-2018)
8.2 Brazil Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
8.3 Argentina Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
8.4 Colombia Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
9 Middle East and Africa Revenue Digital Money Transfer & Remittances by Countries
9.1 Middle East and Africa Digital Money Transfer & Remittances Revenue by Countries (2013-2018)
9.2 Saudi Arabia Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
9.3 UAE Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
9.4 Egypt Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
9.5 Nigeria Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
9.6 South Africa Digital Money Transfer & Remittances Revenue and Growth Rate (2013-2018)
10 Global Digital Money Transfer & Remittances Market Segment by Type
10.1 Global Digital Money Transfer & Remittances Revenue and Market Share by Type (2013-2018)
10.2 Global Digital Money Transfer & Remittances Market Forecast by Type (2018-2023)
10.3 Domestic Money Transfer Revenue Growth Rate (2013-2023)
10.4 International Money Transfer Revenue Growth Rate (2013-2023)
11 Global Digital Money Transfer & Remittances Market Segment by Application
11.1 Global Digital Money Transfer & Remittances Revenue Market Share by Application (2013-2018)
11.2 Digital Money Transfer & Remittances Market Forecast by Application (2018-2023)
11.3 Consumer Revenue Growth (2013-2018)
11.4 Enterprise Revenue Growth (2013-2018)
12 Global Digital Money Transfer & Remittances Market Size Forecast (2018-2023)
12.1 Global Digital Money Transfer & Remittances Market Size Forecast (2018-2023)
12.2 Global Digital Money Transfer & Remittances Market Forecast by Regions (2018-2023)
12.3 North America Digital Money Transfer & Remittances Revenue Market Forecast (2018-2023)
12.4 Europe Digital Money Transfer & Remittances Revenue Market Forecast (2018-2023)
12.5 Asia-Pacific Digital Money Transfer & Remittances Revenue Market Forecast (2018-2023)
12.6 South America Digital Money Transfer & Remittances Revenue Market Forecast (2018-2023)
12.7 Middle East and Africa Digital Money Transfer & Remittances Revenue Market Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
List of Tables and Figures
Figure Digital Money Transfer & Remittances Picture
Table Product Specifications of Digital Money Transfer & Remittances
Table Global Digital Money Transfer & Remittances a
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