Europe Digital Remittance Market Size & Outlook, 2023-2030
Europe digital remittance market, 2017-2030 (US$M)
Related Markets
Europe digital remittance market highlights
- The Europe digital remittance market generated a revenue of USD 5,875.6 million in 2023.
- The market is expected to grow at a CAGR of 15% 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, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 5,875.6 million |
| Market revenue in 2030 | USD 15,641.6 million |
| Growth rate | 15% (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, Europe region accounted for 26.9% 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 |
|---|
Europe 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 58.19% in 2023. Horizon Databook has segmented the Europe digital remittance market based on inward digital remittance, outward digital remittance covering the revenue growth of each sub-segment from 2017 to 2030.
- Europe Digital Remittance Type Outlook (Revenue, USD Million, 2017-2030)
- Inward Digital Remittance
- Outward Digital Remittance
- Europe Digital Remittance Channel Outlook (Revenue, USD Million, 2017-2030)
- Banks
- Money Transfer Operators
- Online Platforms
- Others
- Europe Digital Remittance End Use Outlook (Revenue, USD Million, 2017-2030)
- Migrant Labor Workforce
- Personal
- Small Businesses
- Others
Reasons to subscribe to Europe 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 Europe 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 Europe digital remittance market , including forecasts for subscribers. This continent databook contains high-level insights into Europe digital remittance market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe digital remittance market size, by country, 2017-2030 (US$M)
Europe 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
