Seattle, WA -- (SBWire) -- 12/17/2019 --This report studies the Digital Remittance market. Digital Remittance is an online service that lets people send money to friends and family living abroad, using a computer, smartphone or tablet.
The global Digital Remittance market is valued at 1540 million USD in 2018 and is expected to reach 5890 million USD by the end of 2024, growing at a CAGR of 25.1% between 2019 and 2024.
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This report studies the Digital Remittance market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Digital Remittance market by product type and applications/end industries.
Migrant labor workforce is the most important drivers to promote the global development. In future, the blockchain technology will exert far-reaching influence on the remittance market. Most of traditional bank, fintech and other financial firms have researched and tested the blockchain technology used in remittance volume. In the same time, some companies like Ant Financial/Alipay, Coins.ph, Auxesis, Bitspark, Rebit and Cashaa, have introduced their products in remittance.
Key players in the Digital Remittance market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All measurement shares, splits, and breakdowns have been resolute using secondary sources and verified primary sources. The Digital Remittance Market report begins with a basic overview of the industry lifecycle, definitions, classifications, applications, and industry chain structure and all these together will help leading players understand scope of the Market, what characteristics it offers and how it will fulfil customer's requirements.
The report also makes some important proposals for a new project of Digital Remittance Market before evaluating its feasibility. Overall, the report covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Digital Remittance market. It offers facts related to the mergers, acquirement, partnerships, and joint venture activities widespread in the market.
What Digital Remittance Market report offers:
1. Digital Remittance Market share assessments for the regional and country level segments
2. Market share analysis of the top industry players
3. Digital Remittance Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
4. Strategic recommendations in key business segments based on the market estimations
5. Competitive landscape covering following points:
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
The complete knowledge of Digital Remittance Market is based on the latest industry news, opportunities and trends. Digital Remittance Market research report offers a clear insight about the influential factors that are expected to transform the global market in the near future. Both top-down and bottom-up approaches have been used to estimate and validate the market size of Digital Remittance market, to estimate the size of various other dependent submarkets in the overall market.
In this study, the years considered to estimate the market size of 2018-2026 Digital Remittance Market are as follows:
History Year: 2013-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2027
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Digital Remittance Market Study 2019-2027 : By Segment, by Type, by Company and Key Players
Digital Remittance Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2018-2026). The research presents a complete assessment of the market and contains Future trend, Current Growth Factors, attentive opinions, facts, historical data, and statistically supported and industry validated market data.