Remittance Market Scope And Analysis

  • Report Code : TIPRE00039222
  • Category : Banking, Financial Services, and Insurance
  • No. of Pages : 150
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Remittance Market Analysis and Growth - 2031

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Remittance Market Report Remittance Market Size and Share Remittance Market Scope and Analysis

Remittance Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 11.3%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Mode of Transfer
  • Digital and Traditional
By Type
  • Inward Remittance and Outward Remittance
By Channel
  • Banks
  • Money Transfer Operators
  • Online Platforms
By End-use
  • Migrant Labor Workforce
  • Personal
  • Small Businesses
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Bank of America Corporation
  • ZEPZ
  • Citigroup Inc
  • Ria Financial Services Inc
  • OFX
  • Wells Fargo
  • Western Union Holdings Inc
  • PayPal
  • MoneyGram International Inc
  • Wise US Inc

    • Remittance Market News and Recent Developments

    Companies adopt inorganic and organic strategies such as mergers and acquisitions in the Remittance market. Some of the recent key market developments are listed below:

    • In 2022, Payments Enabler Currencycloud entered into a collaboration with Future FinTech (FTFT) Labs to launch the remittance application Tempo for US immigrants. FTFT Labs offers its customers a multi-currency wallet with beneficial fees over the competition through this partnership. [Source: Currencycloud, Company Website]

    Remittance Market Report Coverage & Deliverables

    The Remittance market forecast is estimated based on various secondary and primary research findings, such as key company publications, association data, and databases. The market report "Remittance Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering below areas-

    • Market size & forecast at global, regional, and country levels for all the key market segments covered under the scope.
    • Market dynamics such as drivers, restraints, and key opportunities.
    • Key future trends.
    • Detailed PEST & SWOT analysis
    • Global and regional market analysis covering key market trends, key players, regulations, and recent market developments.
    • Industry landscape and competition analysis covering market concentration, heat map analysis, key players, and recent developments.
    • Detailed company profiles.