Japan Digital Remittance Market Size & Outlook, 2023-2030

The digital remittance market in Japan is expected to reach a projected revenue of US$ 4,156.3 million by 2030. A compound annual growth rate of 17.2% is expected of Japan digital remittance market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,366.7
Forecast, 2030 (US$M)
$4,156.3
CAGR, 2024 - 2030
17.2%
Report Coverage
Japan

Japan digital remittance market highlights

  • The Japan digital remittance market generated a revenue of USD 1,366.7 million in 2023 and is expected to reach USD 4,156.3 million by 2030.
  • The Japan market is expected to grow at a CAGR of 17.2% 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.

Digital remittance market data book summary

Market revenue in 2023USD 1,366.7 million
Market revenue in 2030USD 4,156.3 million
Growth rate17.2% (CAGR from 2023 to 2030)
Largest segmentOutward digital remittance
Fastest growing segmentInward Digital Remittance
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInward Digital Remittance, Outward Digital Remittance
Key market players worldwideSony Group Corp, PayPal Holdings Inc, Wise PLC Class A, The Western Union Co

Other key industry trends

  • In terms of revenue, Japan accounted for 6.3% of the global digital remittance market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China digital remittance market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,542.4 million by 2030.

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Digital Remittance Market Companies

Name Profile # Employees HQ Website

Japan 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 58.04% in 2023. Horizon Databook has segmented the Japan digital remittance market based on inward digital remittance, outward digital remittance covering the revenue growth of each sub-segment from 2017 to 2030.


  • Japan Digital Remittance Type Outlook (Revenue, USD Million, 2017-2030)
    • Inward Digital Remittance
    • Outward Digital Remittance
  • Japan Digital Remittance Channel Outlook (Revenue, USD Million, 2017-2030)
    • Banks
    • Money Transfer Operators
    • Online Platforms
    • Others
  • Japan Digital Remittance End Use Outlook (Revenue, USD Million, 2017-2030)
    • Migrant Labor Workforce
    • Personal
    • Small Businesses
    • Others

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Target buyers of Japan 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.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan digital remittance market , including forecasts for subscribers. This country databook contains high-level insights into Japan digital remittance market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Japan digital remittance market size, by type, 2017-2030 (US$M)

Japan Digital Remittance Market Outlook Share, 2023 & 2030 (US$M)

Japan digital remittance market size, by type, 2017-2030 (US$M)

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