Mobile Remittance Service Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends
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The market growth and market competition landscape in 2021 will change significantly from the previous year according to this latest research. This report will take you to have a comprehensive understanding of this global market.
The global Mobile Remittance Service market is segmented by company, region (country), type and application.Participants, stakeholders, and other readers in the global Mobile Remittance Service market will be able to gain an advantage as they use reports as a powerful resource.
Mobile Remittance Service markets by category
Banks
Money Transfer Operators
Others
Mobile Remittance Service Market by Application (Percentage of Demand)
Migrant Labor Workforce
Low-income Households
Small Businesses
Others
Who are the leading companies in Mobile Remittance Service market
Mobetize Corp.
Remitly
Regalii
peerTransfer
Currency Cloud
Azimo
WorldRemit
TransferWise
Ripple
MoneyGram
Mobile Remittance Service markets by region:
In North America
In Latin America
Europe
The Asia-pacific
Middle East and Africa (MEA)
What are the main countries covered
The United States
Canada
Germany
France
UK
Italy
Russia
China
Japan
Korea
Southeast Asia
India
Australia
Brazil
Mexico
Argentina
Chile
Colombia
Egypt
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Which is the most profitable market
Among regions, North America/Europe/Asia Pacific accounted for the largest share of global personalized beauty equipment as rising consumer incomes led to increased spending at Mobile Remittance Service.
What methodology did you follow in your research
This study was conducted by our expert analysts through a combination of primary and secondary studies.The methodology we follow includes a demand-side assessment of the market and triangulation of this through supply-side analysis.The methodology is based on the use of standard market structures, methods, and definitions.
Who were the primary study respondents
We talk to stakeholders across the spectrum.Including C-level executives, distributors, product manufacturers, industry experts, etc.
What are the sources of secondary research
We conduct extensive secondary studies using proprietary databases, paid databases, and information available in the public domain.We refer to industry associations, company press releases, annual reports, investor presentations and research papers.
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1. Introduction
1.1 Definition of the Market
1.2 Research Purpose
1.3 Scope of the Study
1.4 Stakeholders
1.5 Geography Coverage
1.6 Currency Under Consideration
1.7 Consumption Units
1.8 Review Cycle
2 Global Market Overview
2.1 Global Mobile Remittance Service Market Size and Growth Forecast 2014-2026
2.2 Global Mobile Remittance Service Market Size by Region 2014-2026
2.3 Mobile Remittance Service Gross Margin in Different Region 2014-2021
2.4 Global Mobile Remittance Service Market by Major Companies
2.1 Global Mobile Remittance Service Revenue and Market Share by Vendors (2016-2021)
2.2 Global Mobile Remittance Service Industry Concentration Ratio (CR5 and HHI)
2.3 Top 5 Mobile Remittance Service Vendors Market Share
2.4 Top 10 Mobile Remittance Service Vendors Market Share
3 Global Mobile Remittance Service Market by Type
3.1 Global Mobile Remittance Service Market Size and Growth Rate Segment by Types from 2014-2021
3.2 Brief Introduction of Different Types
3.2.1 Banks
3.2.2 Money Transfer Operators
3.2.3 Others
4 Global Mobile Remittance Service Market by Application
4.1 Global Mobile Remittance Service Market Size and Growth Rate Segment by Applications from 2014-2021
4.2 Brief Introduction of Different Applications
4.2.1 Migrant Labor Workforce
4.2.2 Low-income Households
4.2.3 Small Businesses
4.2.4 Others
5 North America Mobile Remittance Service Market Value and Segmentation (by Type, Application, Countries and Participants)
5.1 North America Mobile Remittance Service Value ($) from 2014-2021
5.2 North America Mobile Remittance Service Market Value ($) and Growth (%) by Type from 2014-2021
5.3 North America Mobile Remittance Service Market Value ($) and Growth (%) by Application from 2014-2021
5.4 North America Mobile Remittance Service Market Value ($) and Growth (%) by Countries from 2014-2021
5.4.1 The United States
5.4.2 Canada
5.5 Top North America Mobile Remittance Service Participants Value ($) and Market Share (%) in 2020
6 Europe Mobile Remittance Service Market Value and Segmentation (by Type, Application, Countries and Participants)
6.1 Europe Mobile Remittance Service Value ($) from 2014-2021
6.2 Europe Mobile Remittance Service Market Value ($) and Growth (%) by Type from 2014-2021
6.3 Europe Mobile Remittance Service Market Value ($) and Growth (%) by Application from 2014-2021
6.4 Europe Mobile Remittance Service Market Value ($) and Growth (%) by Countries from 2014-2021
6.4.1 Germany
6.4.2 France
6.4.3 UK
6.4.4 Italy
6.4.5 Russia
…
6.5 Top Europe Mobile Remittance Service Participants Value ($) and Market Share (%) in 2020
7 Asia-Pacific Mobile Remittance Service Market Value and Segmentation (by Type, Application, Countries and Participants)
7.1 Asia-Pacific Mobile Remittance Service Value ($) from 2014-2021
7.2 Asia-Pacific Mobile Remittance Service Market Value ($) and Growth (%) by Type from 2014-2021
7.3 Asia-Pacific Mobile Remittance Service Market Value ($) and Growth (%) by Application from 2014-2021
7.4 Asia-Pacific Mobile Remittance Service Market Value ($) and Growth (%) by Countries from 2014-2021
7.4.1 China
7.4.2 Japan
7.4.3 Korea
7.4.4 Southeast Asia
7.4.5 India
7.4.6 Australia
…
7.5 Top Asia-Pacific Mobile Remittance Service Participants Value ($) and Market Share (%) in 2020
8 Latin America Mobile Remittance Service Market Value and Segmentation (by Type, Application, Countries and Participants)
8.1 Latin America Mobile Remittance Service Value ($) from 2014-2021
8.2 Latin America Mobile Remittance Service Market Value ($) and Growth (%) by Type from 2014-2021
8.3 Latin America Mobile Remittance Service Market Value ($) and Growth (%) by Application from 2014-2021
8.4 Latin America Mobile Remittance Service Market Value ($) and Growth (%) by Countries from 2014-2021
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Chile
8.4.5 Colombia
…
8.5 Top Latin America Mobile Remittance Service Participants Value ($) and Market Share (%) in 2020
9 Middle East & Africa Mobile Remittance Service Market Value and Segmentation (by Type, Application, Countries and Participants)
9.1 Middle East & Africa Mobile Remittance Service Value ($) from 2014-2021
9.2 Middle East & Africa Mobile Remittance Service Market Value ($) and Growth (%) by Type from 2014-2021
9.3 Middle East & Africa Mobile Remittance Service Market Value ($) and Growth (%) by Application from 2014-2021
9.4 Middle East & Africa Mobile Remittance Service Market Value ($) and Growth (%) by Countries from 2014-2021
9.4.1 Egypt
9.4.2 Saudi Arabia
9.4.3 United Arab Emirates
9.4.4 Nigeria
9.4.5 South Africa
…
9.5 Top Middle East & Africa Mobile Remittance Service Participants Value ($) and Market Share (%) in 2020
10. Global Level Competitive Intelligence – Company Profiles
10.1 Mobetize Corp.
10.1.1 Mobetize Corp. Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.1.2 Mobetize Corp. Value, Gross and Growth Rate from 2014-2021
10.2 Remitly
10.2.1 Remitly Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.2.2 Remitly Value, Gross and Growth Rate from 2014-2021
10.3 Regalii
10.3.1 Regalii Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.3.2 Regalii Value, Gross and Growth Rate from 2014-2021
10.4 peerTransfer
10.4.1 peerTransfer Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.4.2 peerTransfer Value, Gross and Growth Rate from 2014-2021
10.5 Currency Cloud
10.5.1 Currency Cloud Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.5.2 Currency Cloud Value, Gross and Growth Rate from 2014-2021
10.6 Azimo
10.6.1 Azimo Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.6.2 Azimo Value, Gross and Growth Rate from 2014-2021
10.7 WorldRemit
10.7.1 WorldRemit Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.7.2 WorldRemit Value, Gross and Growth Rate from 2014-2021
10.8 TransferWise
10.8.1 TransferWise Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.8.2 TransferWise Value, Gross and Growth Rate from 2014-2021
10.9 Ripple
10.9.1 Ripple Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.9.2 Ripple Value, Gross and Growth Rate from 2014-2021
10.10 MoneyGram
10.10.1 MoneyGram Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.10.2 MoneyGram Value, Gross and Growth Rate from 2014-2021
11. Market Dynamics
11.1 Driving Factors
11.1.1 Rising Demand in one or More of the Following Regions: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
11.1.2 Increasing Use of Mobile Remittance Service by Different End-User/Applications
11.2 Restraints and Challenges in the Market
11.3 Opportunities
12. Future Forecast of Global Mobile Remittance Service Market from 2021-2026
12.1 Future Forecast of Global Mobile Remittance Service Market from 2021-2026 Segment by Regions
12.2 Future Forecast of Global Mobile Remittance Service Market from 2021-2026 Segment by Type
12.3 Future Forecast of Global Mobile Remittance Service Market from 2021-2026 Segment by Application
13. Investment Analysis
13.1 Fundamental Analysis (Porter's Five Forces Analysis)
13.2 Technical Preparation Analysis
13.3 Risk Evaluating Analysis
13.4 Estimated Investment Pay-Back Period
14 Research Methodology
14.1 Research Data
14.1.1 Secondary Data
14.1.2 Primary Data
14.2 Market Size Estimation
14.2.1 Bottom-Up Approach
14.2.2 Top-Down Approach (Involves time, Space, and Persons)
14.3 Data Triangulation
14.4 Assumptions
14.5 Hypothesis of this Research, Clear, specific, and testable statement of this research
14.6 Limitations of Our Study
14.7 Scene Based Modeling
14.8 Covid-19 Impact/Evaluation
15 Disclaimer Table Key Data Covered
Table Key Data Parameter
Figure Global Mobile Remittance Service Market Size and Growth Forecast 2014-2026
Table Global Mobile Remittance Service Market Size ($) by Region 2014-2026
Table Mobile Remittance Service Gross Margin in Different Region 2014-2021
Table Global Mobile Remittance Service Market Size ($) and Growth Rate Segment by Types from 2014-2021
Figure Banks of Mobile Remittance Service
Figure Money Transfer Operators of Mobile Remittance Service
Figure Others of Mobile Remittance Service
Table Global Mobile Remittance Service Market Size ($) and Growth Rate Segment by Applications from 2014-2021
Figure Migrant Labor Workforce of Mobile Remittance Service
Figure Low-income Households of Mobile Remittance Service
Figure Small Businesses of Mobile Remittance Service
Figure Others of Mobile Remittance Service
Figure North America Mobile Remittance Service Value ($) and Growth Rate from 2014-2021
Table North America Mobile Remittance Service Value ($) and Growth (%) by Type from 2014-2021
Table North America Mobile Remittance Service Value ($) and Growth (%) by Application from 2014-2021
Table Top North America Mobile Remittance Service Participants Value ($) and Market Share (%) in 2020
Figure Europe Mobile Remittance Service Value ($) and Growth Rate from 2014-2021
Table Europe Mobile Remittance Service Value ($) and Growth (%) by Type from 2014-2021
Table Europe Mobile Remittance Service Value ($) and Growth (%) by Application from 2014-2021
Table Top Europe Mobile Remittance Service Participants Value ($) and Market Share (%) in 2020
Figure Asia-Pacific Mobile Remittance Service Value ($) and Growth Rate from 2014-2021
Table Asia-Pacific Mobile Remittance Service Value ($) and Growth (%) by Type from 2014-2021
Table Asia-Pacific Mobile Remittance Service Value ($) and Growth (%) by Application from 2014-2021
Table Top Asia-Pacific Mobile Remittance Service Participants Value ($) and Market Share (%) in 2020
Figure Latin America Mobile Remittance Service Value ($) and Growth Rate from 2014-2021
Table Latin America Mobile Remittance Service Value ($) and Growth (%) by Type from 2014-2021
Table Latin America Mobile Remittance Service Value ($) and Growth (%) by Application from 2014-2021
Table Top Latin America Mobile Remittance Service Participants Value ($) and Market Share (%) in 2020
Figure Middle East & Africa Mobile Remittance Service Value ($) and Growth Rate from 2014-2021
Table Middle East & Africa Mobile Remittance Service Value ($) and Growth (%) by Type from 2014-2021
Table Middle East & Africa Mobile Remittance Service Value ($) and Growth (%) by Application from 2014-2021
Table Top Middle East & Africa Mobile Remittance Service Participants Value ($) and Market Share (%) in 2020
Table Mobetize Corp. Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Mobetize Corp. Value, Gross and Growth Rate from 2014-2021
Figure Mobetize Corp. Gross Margin from 2014-2021
Table Remitly Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Remitly Value, Gross and Growth Rate from 2014-2021
Figure Remitly Gross Margin from 2014-2021
Table Regalii Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Regalii Value, Gross and Growth Rate from 2014-2021
Figure Regalii Gross Margin from 2014-2021
Table peerTransfer Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure peerTransfer Value, Gross and Growth Rate from 2014-2021
Figure peerTransfer Gross Margin from 2014-2021
Table Currency Cloud Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Currency Cloud Value, Gross and Growth Rate from 2014-2021
Figure Currency Cloud Gross Margin from 2014-2021
Table Azimo Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Azimo Value, Gross and Growth Rate from 2014-2021
Figure Azimo Gross Margin from 2014-2021
Table WorldRemit Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure WorldRemit Value, Gross and Growth Rate from 2014-2021
Figure WorldRemit Gross Margin from 2014-2021
Table TransferWise Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure TransferWise Value, Gross and Growth Rate from 2014-2021
Figure TransferWise Gross Margin from 2014-2021
Table Ripple Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Ripple Value, Gross and Growth Rate from 2014-2021
Figure Ripple Gross Margin from 2014-2021
Table MoneyGram Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure MoneyGram Value, Gross and Growth Rate from 2014-2021
Figure MoneyGram Gross Margin from 2014-2021
Table Driving Factors for this Market (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa)
Table Global Mobile Remittance Service Value ($) and Growth Rate Forecast by Regions (2021-2026)
Table Global Mobile Remittance Service Production and Growth Rate Forecast by Types (2021-2026)
Table Global Mobile Remittance Service Value and Growth Rate Forecast by End-User/Applications (2021-2026)
Table Key Data from Secondary Sources
Table Key Data Parameter
Figure Market Size Estimation by End-Use Industry
Figure Market: Data Triangulation
Figure Market Size Estimation: Top-Down Approach
Research Methodology:
Mobile 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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