Remittance Software Market Scope And Analysis

  • Report Code : TIPTE100000862
  • Category : Technology, Media and Telecommunications
  • No. of Pages : 150
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Remittance Software Market Analysis and Scope (2024 to 2031)

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

Remittance Software Market Report Scope

Report Attribute Details
Market size in 2023 US$ 21.63 Billion
Market Size by 2031 US$ 71.72 Billion
Global CAGR (2023 - 2031) 16.1%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Software
  • Web-based
  • App based
By Deployment Type
  • Cloud
  • On-premise
By Application
  • Personal Remittance
  • Business Remittance
  • Public Services Remittance
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
  • Remit One Ltd
  • Remit Anywhere
  • Fincode LTD
  • MTS Money Transfer System
  • Girmiti Software Private Limited
  • Grey systems
  • ControlBox Corp
  • NXGN Management LLC
  • Fiserv Inc
  • Remitly Inc

    • Remittance Software Market News and Recent Developments

    The remittance software market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:

    • In April 2024, - Velmie announced a strategic partnership with Transi, an ambitious company from the US founded by a team of experienced finance professionals. This collaboration signifies the launch of a groundbreaking remittance solution facilitating transactions between the USA and the Dominican Republic.

    (Source: Velmie, Press Release, 2024)

    • In December 2023, State-owned BASIC Bank Limited launched its remittance software ‘REMIT365’ to support and make remittance collection faster and easier for people using banking channels.

    (Source: December, Press Release, 2023)

    Remittance Software Market Report Coverage and Deliverables

    The "Remittance Software Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

    • Market size and 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/Porter's Five Forces and SWOT analysis
    • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles