Global Digital Remittance Service Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027
Global Digital Remittance Service Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027
Insights into the Digital Remittance Service Market include supply chain optimization, Digital Remittance Service challenges, and growth forecasts segmented by region and service type.
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The global Digital Remittance Service market is expected to reach US$ XX Million by 2027, with a CAGR of XX% from 2020 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
By Market Verdors:
Western Union
TransferGo
TransferWise
Ria Financial Services
Azimo
Xoom
TNG Wallet
Remitly
MoneyGram
WorldRemit
Toast Me
Avenues India Pvt Ltd
OrbitRemit
Smiles Mobile Remittance
By Types:
Type I
Type II
By Applications:
Migrant Labor Workforce
Study Abroad and Travel
Small Businesses
Other
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.
1 Report Overview
1.1 Study Scope and Definition
1.2 Research Methodology
1.2.1 Methodology/Research Approach
1.2.2 Data Source
1.3 Key Market Segments
1.4 Players Covered: Ranking by Digital Remittance Service Revenue
1.5 Market Analysis by Type
1.5.1 Global Digital Remittance Service Market Size Growth Rate by Type: 2021 VS 2027
1.5.2 Type I
1.5.3 Type II
1.6 Market by Application
1.6.1 Global Digital Remittance Service Market Share by Application: 2022-2027
1.6.2 Migrant Labor Workforce
1.6.3 Study Abroad and Travel
1.6.4 Small Businesses
1.6.5 Other
1.7 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
1.7.1 Covid-19 Impact: Global GDP Growth, 2019, 2021 and 2022 Projections
1.7.2 Covid-19 Impact: Commodity Prices Indices
1.7.3 Covid-19 Impact: Global Major Government Policy
1.8 Study Objectives
1.9 Years Considered
2 Global Digital Remittance Service Market Trends and Growth Strategy
2.1 Market Top Trends
2.2 Market Drivers
2.3 Market Challenges
2.4 Porter’s Five Forces Analysis
2.5 Market Growth Strategy
2.6 SWOT Analysis
3 Global Digital Remittance Service Market Players Profiles
3.1 Western Union
3.1.1 Western Union Company Profile
3.1.2 Western Union Digital Remittance Service Product Specification
3.1.3 Western Union Digital Remittance Service Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.2 TransferGo
3.2.1 TransferGo Company Profile
3.2.2 TransferGo Digital Remittance Service Product Specification
3.2.3 TransferGo Digital Remittance Service Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.3 TransferWise
3.3.1 TransferWise Company Profile
3.3.2 TransferWise Digital Remittance Service Product Specification
3.3.3 TransferWise Digital Remittance Service Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.4 Ria Financial Services
3.4.1 Ria Financial Services Company Profile
3.4.2 Ria Financial Services Digital Remittance Service Product Specification
3.4.3 Ria Financial Services Digital Remittance Service Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.5 Azimo
3.5.1 Azimo Company Profile
3.5.2 Azimo Digital Remittance Service Product Specification
3.5.3 Azimo Digital Remittance Service Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.6 Xoom
3.6.1 Xoom Company Profile
3.6.2 Xoom Digital Remittance Service Product Specification
3.6.3 Xoom Digital Remittance Service Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.7 TNG Wallet
3.7.1 TNG Wallet Company Profile
3.7.2 TNG Wallet Digital Remittance Service Product Specification
3.7.3 TNG Wallet Digital Remittance Service Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.8 Remitly
3.8.1 Remitly Company Profile
3.8.2 Remitly Digital Remittance Service Product Specification
3.8.3 Remitly Digital Remittance Service Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.9 MoneyGram
3.9.1 MoneyGram Company Profile
3.9.2 MoneyGram Digital Remittance Service Product Specification
3.9.3 MoneyGram Digital Remittance Service Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.10 WorldRemit
3.10.1 WorldRemit Company Profile
3.10.2 WorldRemit Digital Remittance Service Product Specification
3.10.3 WorldRemit Digital Remittance Service Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.11 Toast Me
3.11.1 Toast Me Company Profile
3.11.2 Toast Me Digital Remittance Service Product Specification
3.11.3 Toast Me Digital Remittance Service Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.12 Avenues India Pvt Ltd
3.12.1 Avenues India Pvt Ltd Company Profile
3.12.2 Avenues India Pvt Ltd Digital Remittance Service Product Specification
3.12.3 Avenues India Pvt Ltd Digital Remittance Service Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.13 OrbitRemit
3.13.1 OrbitRemit Company Profile
3.13.2 OrbitRemit Digital Remittance Service Product Specification
3.13.3 OrbitRemit Digital Remittance Service Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.14 Smiles Mobile Remittance
3.14.1 Smiles Mobile Remittance Company Profile
3.14.2 Smiles Mobile Remittance Digital Remittance Service Product Specification
3.14.3 Smiles Mobile Remittance Digital Remittance Service Production Capacity, Revenue, Price and Gross Margin (2016-2021)
4 Global Digital Remittance Service Market Competition by Market Players
4.1 Global Digital Remittance Service Production Capacity Market Share by Market Players (2016-2021)
4.2 Global Digital Remittance Service Revenue Market Share by Market Players (2016-2021)
4.3 Global Digital Remittance Service Average Price by Market Players (2016-2021)
5 Global Digital Remittance Service Production by Regions (2016-2021)
5.1 North America
5.1.1 North America Digital Remittance Service Market Size (2016-2021)
5.1.2 Digital Remittance Service Key Players in North America (2016-2021)
5.1.3 North America Digital Remittance Service Market Size by Type (2016-2021)
5.1.4 North America Digital Remittance Service Market Size by Application (2016-2021)
5.2 East Asia
5.2.1 East Asia Digital Remittance Service Market Size (2016-2021)
5.2.2 Digital Remittance Service Key Players in East Asia (2016-2021)
5.2.3 East Asia Digital Remittance Service Market Size by Type (2016-2021)
5.2.4 East Asia Digital Remittance Service Market Size by Application (2016-2021)
5.3 Europe
5.3.1 Europe Digital Remittance Service Market Size (2016-2021)
5.3.2 Digital Remittance Service Key Players in Europe (2016-2021)
5.3.3 Europe Digital Remittance Service Market Size by Type (2016-2021)
5.3.4 Europe Digital Remittance Service Market Size by Application (2016-2021)
5.4 South Asia
5.4.1 South Asia Digital Remittance Service Market Size (2016-2021)
5.4.2 Digital Remittance Service Key Players in South Asia (2016-2021)
5.4.3 South Asia Digital Remittance Service Market Size by Type (2016-2021)
5.4.4 South Asia Digital Remittance Service Market Size by Application (2016-2021)
5.5 Southeast Asia
5.5.1 Southeast Asia Digital Remittance Service Market Size (2016-2021)
5.5.2 Digital Remittance Service Key Players in Southeast Asia (2016-2021)
5.5.3 Southeast Asia Digital Remittance Service Market Size by Type (2016-2021)
5.5.4 Southeast Asia Digital Remittance Service Market Size by Application (2016-2021)
5.6 Middle East
5.6.1 Middle East Digital Remittance Service Market Size (2016-2021)
5.6.2 Digital Remittance Service Key Players in Middle East (2016-2021)
5.6.3 Middle East Digital Remittance Service Market Size by Type (2016-2021)
5.6.4 Middle East Digital Remittance Service Market Size by Application (2016-2021)
5.7 Africa
5.7.1 Africa Digital Remittance Service Market Size (2016-2021)
5.7.2 Digital Remittance Service Key Players in Africa (2016-2021)
5.7.3 Africa Digital Remittance Service Market Size by Type (2016-2021)
5.7.4 Africa Digital Remittance Service Market Size by Application (2016-2021)
5.8 Oceania
5.8.1 Oceania Digital Remittance Service Market Size (2016-2021)
5.8.2 Digital Remittance Service Key Players in Oceania (2016-2021)
5.8.3 Oceania Digital Remittance Service Market Size by Type (2016-2021)
5.8.4 Oceania Digital Remittance Service Market Size by Application (2016-2021)
5.9 South America
5.9.1 South America Digital Remittance Service Market Size (2016-2021)
5.9.2 Digital Remittance Service Key Players in South America (2016-2021)
5.9.3 South America Digital Remittance Service Market Size by Type (2016-2021)
5.9.4 South America Digital Remittance Service Market Size by Application (2016-2021)
5.10 Rest of the World
5.10.1 Rest of the World Digital Remittance Service Market Size (2016-2021)
5.10.2 Digital Remittance Service Key Players in Rest of the World (2016-2021)
5.10.3 Rest of the World Digital Remittance Service Market Size by Type (2016-2021)
5.10.4 Rest of the World Digital Remittance Service Market Size by Application (2016-2021)
6 Global Digital Remittance Service Consumption by Region (2016-2021)
6.1 North America
6.1.1 North America Digital Remittance Service Consumption by Countries
6.1.2 United States
6.1.3 Canada
6.1.4 Mexico
6.2 East Asia
6.2.1 East Asia Digital Remittance Service Consumption by Countries
6.2.2 China
6.2.3 Japan
6.2.4 South Korea
6.3 Europe
6.3.1 Europe Digital Remittance Service Consumption by Countries
6.3.2 Germany
6.3.3 United Kingdom
6.3.4 France
6.3.5 Italy
6.3.6 Russia
6.3.7 Spain
6.3.8 Netherlands
6.3.9 Switzerland
6.3.10 Poland
6.4 South Asia
6.4.1 South Asia Digital Remittance Service Consumption by Countries
6.4.2 India
6.5 Southeast Asia
6.5.1 Southeast Asia Digital Remittance Service Consumption by Countries
6.5.2 Indonesia
6.5.3 Thailand
6.5.4 Singapore
6.5.5 Malaysia
6.5.6 Philippines
6.6 Middle East
6.6.1 Middle East Digital Remittance Service Consumption by Countries
6.6.2 Turkey
6.6.3 Saudi Arabia
6.6.4 Iran
6.6.5 United Arab Emirates
6.7 Africa
6.7.1 Africa Digital Remittance Service Consumption by Countries
6.7.2 Nigeria
6.7.3 South Africa
6.8 Oceania
6.8.1 Oceania Digital Remittance Service Consumption by Countries
6.8.2 Australia
6.9 South America
6.9.1 South America Digital Remittance Service Consumption by Countries
6.9.2 Brazil
6.9.3 Argentina
6.10 Rest of the World
6.10.1 Rest of the World Digital Remittance Service Consumption by Countries
7 Global Digital Remittance Service Production Forecast by Regions (2022-2027)
7.1 Global Forecasted Production of Digital Remittance Service (2022-2027)
7.2 Global Forecasted Revenue of Digital Remittance Service (2022-2027)
7.3 Global Forecasted Price of Digital Remittance Service (2022-2027)
7.4 Global Forecasted Production of Digital Remittance Service by Region (2022-2027)
7.4.1 North America Digital Remittance Service Production, Revenue Forecast (2022-2027)
7.4.2 East Asia Digital Remittance Service Production, Revenue Forecast (2022-2027)
7.4.3 Europe Digital Remittance Service Production, Revenue Forecast (2022-2027)
7.4.4 South Asia Digital Remittance Service Production, Revenue Forecast (2022-2027)
7.4.5 Southeast Asia Digital Remittance Service Production, Revenue Forecast (2022-2027)
7.4.6 Middle East Digital Remittance Service Production, Revenue Forecast (2022-2027)
7.4.7 Africa Digital Remittance Service Production, Revenue Forecast (2022-2027)
7.4.8 Oceania Digital Remittance Service Production, Revenue Forecast (2022-2027)
7.4.9 South America Digital Remittance Service Production, Revenue Forecast (2022-2027)
7.4.10 Rest of the World Digital Remittance Service Production, Revenue Forecast (2022-2027)
7.5 Forecast by Type and by Application (2022-2027)
7.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2022-2027)
7.5.2 Global Forecasted Consumption of Digital Remittance Service by Application (2022-2027)
8 Global Digital Remittance Service Consumption Forecast by Regions (2022-2027)
8.1 North America Forecasted Consumption of Digital Remittance Service by Country
8.2 East Asia Market Forecasted Consumption of Digital Remittance Service by Country
8.3 Europe Market Forecasted Consumption of Digital Remittance Service by Countriy
8.4 South Asia Forecasted Consumption of Digital Remittance Service by Country
8.5 Southeast Asia Forecasted Consumption of Digital Remittance Service by Country
8.6 Middle East Forecasted Consumption of Digital Remittance Service by Country
8.7 Africa Forecasted Consumption of Digital Remittance Service by Country
8.8 Oceania Forecasted Consumption of Digital Remittance Service by Country
8.9 South America Forecasted Consumption of Digital Remittance Service by Country
8.10 Rest of the world Forecasted Consumption of Digital Remittance Service by Country
9 Global Digital Remittance Service Sales by Type (2016-2027)
9.1 Global Digital Remittance Service Historic Market Size by Type (2016-2021)
9.2 Global Digital Remittance Service Forecasted Market Size by Type (2022-2027)
10 Global Digital Remittance Service Consumption by Application (2016-2027)
10.1 Global Digital Remittance Service Historic Market Size by Application (2016-2021)
10.2 Global Digital Remittance Service Forecasted Market Size by Application (2022-2027)
11 Global Digital Remittance Service Manufacturing Cost Analysis
11.1 Digital Remittance Service Key Raw Materials Analysis
11.1.1 Key Raw Materials
11.2 Proportion of Manufacturing Cost Structure
11.3 Manufacturing Process Analysis of Digital Remittance Service
12 Global Digital Remittance Service Marketing Channel, Distributors, Customers and Supply Chain
12.1 Marketing Channel
12.2 Digital Remittance Service Distributors List
12.3 Digital Remittance Service Customers
12.4 Digital Remittance Service Supply Chain Analysis
13 Analyst's Viewpoints/Conclusions
14 Disclaimer
Research Methodology:
Digital Remittance Service Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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