PUBLISHER: TechNavio | PRODUCT CODE: 1911211
PUBLISHER: TechNavio | PRODUCT CODE: 1911211
The global digital remittance market is forecasted to grow by USD 19058.7 mn during 2025-2030, accelerating at a CAGR of 14.0% during the forecast period. The report on the global digital remittance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing smartphone adoption and internet ubiquity, pioneering technological advancements and fintech innovation, enhanced cash flow leading to business growth.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2026 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 13.1% |
| CAGR | 14% |
| Incremental Value | $19058.7 mn |
Technavio's global digital remittance market is segmented as below:
By End-User
By Type
By Channel
Geography
This study identifies the integration of artificial intelligence and machine learning as one of the prime reasons driving the global digital remittance market growth during the next few years. Also, high adoption of digital cross-border money transfer and rise in mobile based payment channels will lead to sizable demand in the market.
The report on the global digital remittance market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global digital remittance market vendors that include Azimo BV, MoneyGram Payment Systems, Nium Pte. Ltd., OrbitRemit, OzForex Ltd., Pangea USA, LLC., PayPal Holdings Inc., Remitbee Inc., Remitly Global Inc., Revolut Ltd., Ria Financial Services, SingX Pte Ltd., Skrill Ltd., Taptap Send, TransferGo Ltd., Western Union Holdings Inc., Wise Payments Ltd., WorldRemit Ltd.. Also, the global digital remittance market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.