Asia Pacific Digital Remittance Market Size & Outlook
Asia Pacific digital remittance market, 2017-2030 (US$M)
Related Markets
Asia Pacific digital remittance market highlights
- The Asia Pacific digital remittance market generated a revenue of USD 5,435.5 million in 2023.
- The market is expected to grow at a CAGR of 16.9% from 2024 to 2030.
- In terms of segment, outward digital remittance was the largest revenue generating type in 2023.
- Inward Digital Remittance is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 5,435.5 million |
| Market revenue in 2030 | USD 16,233.0 million |
| Growth rate | 16.9% (CAGR from 2023 to 2030) |
| Largest segment | Outward digital remittance |
| Fastest growing segment | Inward Digital Remittance |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inward Digital Remittance, Outward Digital Remittance |
| Key market players worldwide | Sony Group Corp, PayPal Holdings Inc, Wise PLC Class A, The Western Union Co |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 24.9% of the global digital remittance market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 16,233.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Digital Remittance Market Scope
Digital Remittance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 58.07% in 2023. Horizon Databook has segmented the Asia Pacific digital remittance market based on inward digital remittance, outward digital remittance covering the revenue growth of each sub-segment from 2017 to 2030.
- Asia Pacific Digital Remittance Type Outlook (Revenue, USD Million, 2017-2030)
- Inward Digital Remittance
- Outward Digital Remittance
- Asia Pacific Digital Remittance Channel Outlook (Revenue, USD Million, 2017-2030)
- Banks
- Money Transfer Operators
- Online Platforms
- Others
- Asia Pacific Digital Remittance End Use Outlook (Revenue, USD Million, 2017-2030)
- Migrant Labor Workforce
- Personal
- Small Businesses
- Others
Reasons to subscribe to Asia Pacific digital remittance market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific digital remittance market databook
-
Our clientele includes a mix of digital remittance market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific digital remittance market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific digital remittance market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific digital remittance market size, by country, 2017-2030 (US$M)
Asia Pacific Digital Remittance Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
