Global Digital Remittance Market Size & Outlook, 2025-2030
Global digital remittance market, 2018-2030 (US$M)
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Global digital remittance market highlights
- The global digital remittance market generated a revenue of USD 24,480.6 million in 2024 and is expected to reach USD 60,051.6 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 16.7% by 2030.
- In terms of segment, outward digital remittance accounted for a revenue of USD 15,866.3 million in 2024.
- Inward Digital Remittance is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 24,480.6 million |
| Market revenue in 2030 | USD 60,051.6 million |
| Growth rate | 16.7% (CAGR from 2025 to 2030) |
| Largest segment | Outward digital remittance |
| Fastest growing segment | Inward Digital Remittance |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inward Digital Remittance, Outward Digital Remittance |
Other key industry trends
- In terms of revenue, the North America accounted for 27.8% of the global digital remittance market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 4,542.4 million by 2030.
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Digital Remittance Market Scope
Digital Remittance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| TransferGo | View profile | 251-500 | London, England, United Kingdom, Europe | http://www.transfergo.com |
| InstaReM | View profile | 251-500 | Singapore, Central Region, Singapore, Asia | https://www.instarem.com |
| Digital Wallet Corporation | View profile | 51-100 | Tokyo, Tokyo, Japan, Asia | https://digitalwallet.global |
| Azimo | View profile | 51-100 | London, England, United Kingdom, Europe | http://azimo.com |
| MoneyGram International | View profile | 1001-5000 | Dallas, Texas, United States, North America | http://www.moneygram.com/intl/ |
| World Remit | View profile | 1001-5000 | London, England, United Kingdom, Europe | https://worldremit.com |
| The Western Union Co | View profile | 9000 | 7001 East Belleview Avenue, Denver, CO, United States, 80237 | https://www.westernunion.com |
| Wise PLC Class A | View profile | 5157 | 56 Shoreditch High Street, 6th Floor, Tea Building, London, United Kingdom, E1 6JJ | https://www.wise.com |
| PayPal Holdings Inc | View profile | 27200 | 2211 North First Street, San Jose, CA, United States, 95131 | https://www.paypal.com |
| Sony Group Corp | View profile | 113000 | 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 | https://www.sony.com |
Global digital remittance market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to digital remittance market will help companies and investors design strategic landscapes.
Outward digital remittance was the largest segment with a revenue share of 64.81% in 2024. Horizon Databook has segmented the Global digital remittance market based on inward digital remittance, outward digital remittance covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Digital Remittance Type Outlook (Revenue, USD Million, 2018-2030)
- Inward Digital Remittance
- Outward Digital Remittance
- Global Digital Remittance Channel Outlook (Revenue, USD Million, 2018-2030)
- Banks
- Money Transfer Operators
- Online Platforms
- Others
- Global Digital Remittance End Use Outlook (Revenue, USD Million, 2018-2030)
- Others
- Migrant Labor Workforce
- Personal
- Small Businesses
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Target buyers of Global digital remittance market databook
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Our clientele includes a mix of digital remittance market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global digital remittance market , including forecasts for subscribers. This global databook contains high-level insights into Global digital remittance market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global digital remittance market size, by regions, 2018-2030 (US$M)
Top 10 countries: Digital remittance market size, 2024 (US$M)
Global digital remittance market share, by channel, 2024 & 2030 (%, US$M)
Digital remittance market: Opportunity assessment by country
Global digital remittance market, by region, 2024 (US$M)
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