Global Remittance Market Size, Share Report, Analysis, Trends, Growth, 2032
Remittance Market - by Type (Inward Remittance and Outward Remittance), by Platform (Digital and Non-Digital), by Channel (Banks, Money Transfer Operators, Mobile Banking, and Others), by End User (Migrant Labor Workforce, Businesses, and Individual/Personal): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024-2032.
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 796.74 Billion | USD 1334.69 Billion | 5.9% | 2023 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. Remittance Market, 2016-2025 (USD Billion)
- 2.2. Remittance Market: Snapshot
- Chapter 3. Remittance Market - Industry Analysis
- 3.1. Remittance Market: Market Dynamics
- 3.2. Market Drivers
- 3.2.1. Growing international migrant population
- 3.2.2. Improving current payment system infrastructure
- 3.3. Restraints
- 3.3.1. Security concerns
- 3.4. Opportunity
- 3.4.1. Rising adoption of digital platforms
- 3.5. Porter's Five Forces Analysis
- 3.6. Market Attractiveness Analysis
- 3.6.1. Market attractiveness analysis By Type
- 3.6.2. Market attractiveness analysis By Platform
- 3.6.3. Market attractiveness analysis By Channel
- 3.6.4. Market attractiveness analysis By End User
- 3.6.5. Market attractiveness analysis by Region
- Chapter 4. Remittance Market- Competitive Landscape
- 4.1. Company market Share analysis
- 4.1.1. Global Remittance Market: company market Share, 2018
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Component launches
- 4.2.3. Agreements, partnerships, collaborations and joint ventures
- 4.2.4. Research and development and Regional expansion
- 4.3. Price trend analysis
- 4.1. Company market Share analysis
- Chapter 5. Global Remittance Market -Type Analysis
- 5.1. Global Remittance Market overview: By Type
- 5.1.1. Global Remittance Market Share, By Type,2018 and 2025
- 5.2. Inward Remittance
- 5.2.1. Global Remittance Market by Inward Remittance, 2016-2025 (USD Billion)
- 5.3. Outward Remittance
- 5.3.1. Global Remittance Market by Outward Remittance, 2016-2025 (USD Billion)
- 5.1. Global Remittance Market overview: By Type
- Chapter 6. Global Remittance Market -Platform Analysis
- 6.1. Global Remittance Market overview: By Platform
- 6.1.1. Global Remittance Market Share, By Platform, 2018 and 2025
- 6.2. Digital
- 6.2.1. Global Remittance Market By Digital, 2016-2025 (USD Billion)
- 6.3. Non - Digital
- 6.3.1. Global Remittance Market By Non - Digital, 2016-2025 (USD Billion)
- 6.1. Global Remittance Market overview: By Platform
- Chapter 7. Global Remittance Market -Channel Analysis
- 7.1. Global Remittance Market overview: By Channel
- 7.1.1. Global Remittance Market Share, By Channel, 2018 and 2025
- 7.2. Banks
- 7.2.1. Global Remittance Market By Banks, 2016-2025 (USD Billion)
- 7.3. Mobile Banking
- 7.3.1. Global Remittance Market By Mobile Banking, 2016-2025 (USD Billion)
- 7.4. Money Transfer Operators
- 7.5. Global Remittance Market By Money Transfer Operators, 2016-2025 (USD Billion)
- 7.6. Others
- 7.6.1. Global Remittance Market By Others, 2016-2025 (USD Billion)
- 7.1. Global Remittance Market overview: By Channel
- Chapter 8. Global Remittance Market -End User Analysis
- 8.1. Global Remittance Market overview: By End User
- 8.1.1. Global Remittance Market Share, By End User, 2018 and 2025
- 8.2. Migrant Labor Workforce
- 8.2.1. Global Remittance Market by Migrant Labor Workforce, 2016-2025 (USD Billion)
- 8.3. Businesses
- 8.3.1. Global Remittance Market by Businesses, 2016-2025 (USD Billion)
- 8.4. Individual/Personal
- 8.4.1. Global Remittance Market by Individual/Personal, 2016-2025 (USD Billion)
- 8.1. Global Remittance Market overview: By End User
- Chapter 9. Global Remittance Market - Regional Analysis
- 9.1. Global Remittance Market overview: by Region
- 9.1.1. Global Remittance Market share, by Region, 2018 and 2025
- 9.2. North America
- 9.2.1. North America Remittance Market, 2016-2025 (USD Billion)
- 9.2.2. North America Remittance Market Revenue, By Type,2016-2025 (USD Billion)
- 9.2.3. North America Remittance Market Revenue, By Platform, 2016-2025 (USD Billion)
- 9.2.4. North America Remittance Market Revenue, By Channel, 2016-2025 (USD Billion)
- 9.2.5. North America Remittance Market Revenue, By End User, 2016-2025 (USD Billion)
- 9.2.6. The U.S.
- 9.2.6.1. The U.S. Remittance Market Revenue, By Type,2016-2025 (USD Billion)
- 9.2.6.2. The U.S. Remittance Market Revenue, By Platform, 2016-2025 (USD Billion)
- 9.2.6.3. The U.S. Remittance Market Revenue, By Channel, 2016-2025 (USD Billion)
- 9.2.6.4. The U.S. Remittance Market Revenue, By End User, 2016-2025 (USD Billion)
- 9.2.7. Rest of North America
- 9.2.7.1. Rest of North America Remittance Market Revenue, By Type,2016-2025 (USD Billion)
- 9.2.7.2. Rest of North America Remittance Market Revenue, By Platform, 2016-2025 (USD Billion)
- 9.2.7.3. Rest of North America Remittance Market Revenue, By Channel, 2016-2025 (USD Billion)
- 9.2.7.4. Rest of North America Remittance Market Revenue, By End User, 2016-2025 (USD Billion)
- 9.3. Europe
- 9.3.1. Europe Remittance Market, 2016-2025 (USD Billion)
- 9.3.2. Europe Remittance Market Revenue, By Type,2016-2025 (USD Billion)
- 9.3.3. Europe Remittance Market Revenue, By Platform, 2016-2025 (USD Billion)
- 9.3.4. Europe Remittance Market Revenue, By Channel, 2016-2025 (USD Billion)
- 9.3.5. Europe Remittance Market Revenue, By End User, 2016-2025 (USD Billion)
- 9.3.6. UK
- 9.3.6.1. U.K. Remittance Market Revenue, By Type,2016-2025 (USD Billion)
- 9.3.6.2. U.K. Remittance Market Revenue, By Platform, 2016-2025 (USD Billion)
- 9.3.6.3. U.K. Remittance Market Revenue, By Channel, 2016-2025 (USD Billion)
- 9.3.6.4. U.K. Remittance Market Revenue, By End User, 2016-2025 (USD Billion)
- 9.3.7. France
- 9.3.7.1. France Remittance Market Revenue, By Type,2016-2025 (USD Billion)
- 9.3.7.2. France Remittance Market Revenue, By Platform, 2016-2025 (USD Billion)
- 9.3.7.3. France Remittance Market Revenue, By Channel, 2016-2025 (USD Billion)
- 9.3.7.4. France Remittance Market Revenue, By End User, 2016-2025 (USD Billion)
- 9.3.8. Germany
- 9.3.8.1. Germany Remittance Market Revenue, By Type,2016-2025 (USD Billion)
- 9.3.8.2. Germany Remittance Market Revenue, By Platform, 2016-2025 (USD Billion)
- 9.3.8.3. Germany Remittance Market Revenue, By Channel, 2016-2025 (USD Billion)
- 9.3.8.4. Germany Remittance Market Revenue, By End User, 2016-2025 (USD Billion)
- 9.3.9. Rest of Europe
- 9.3.9.1. Rest of Europe Remittance Market Revenue, By Type,2016-2025 (USD Billion)
- 9.3.9.2. Rest of Europe Remittance Market Revenue, By Platform, 2016-2025 (USD Billion)
- 9.3.9.3. Rest of Europe Remittance Market Revenue, By Channel, 2016-2025 (USD Billion)
- 9.3.9.4. Rest of Europe Remittance Market Revenue, By End User, 2016-2025 (USD Billion)
- 9.4. Asia Pacific
- 9.4.1. Asia Pacific Remittance Market, 2016-2025 (USD Billion)
- 9.4.2. Asia Pacific Remittance Market Revenue, By Type,2016-2025 (USD Billion)
- 9.4.3. Asia Pacific Remittance Market Revenue, By Platform, 2016-2025 (USD Billion)
- 9.4.4. Asia Pacific Remittance Market Revenue, By Channel, 2016-2025 (USD Billion)
- 9.4.5. Asia Pacific Remittance Market Revenue, By End User, 2016-2025 (USD Billion)
- 9.4.6. China
- 9.4.6.1. China Remittance Market Revenue, By Type,2016-2025 (USD Billion)
- 9.4.6.2. China Remittance Market Revenue, By Platform, 2016-2025 (USD Billion)
- 9.4.6.3. China Remittance Market Revenue, By Channel, 2016-2025 (USD Billion)
- 9.4.6.4. China Remittance Market Revenue, By End User, 2016-2025 (USD Billion)
- 9.4.7. Japan
- 9.4.7.1. Japan Remittance Market Revenue, By Type,2016-2025 (USD Billion)
- 9.4.7.2. Japan Remittance Market Revenue, By Platform, 2016-2025 (USD Billion)
- 9.4.7.3. Japan Remittance Market Revenue, By Channel, 2016-2025 (USD Billion)
- 9.4.7.4. Japan Remittance Market Revenue, By End User, 2016-2025 (USD Billion)
- 9.4.8. India
- 9.4.8.1. India Remittance Market Revenue, By Type,2016-2025 (USD Billion)
- 9.4.8.2. India Remittance Market Revenue, By Platform, 2016-2025 (USD Billion)
- 9.4.8.3. India Remittance Market Revenue, By Channel, 2016-2025 (USD Billion)
- 9.4.8.4. India Remittance Market Revenue, By End User, 2016-2025 (USD Billion)
- 9.4.9. Rest of Asia Pacific
- 9.4.9.1. Rest of Asia Pacific Remittance Market Revenue, By Type,2016-2025 (USD Billion)
- 9.4.9.2. Rest of Asia Pacific Remittance Market Revenue, By Platform, 2016-2025 (USD Billion)
- 9.4.9.3. Rest of Asia Pacific Remittance Market Revenue, By Channel, 2016-2025 (USD Billion)
- 9.4.9.4. Rest of Asia Pacific Remittance Market Revenue, By End User, 2016-2025 (USD Billion)
- 9.5. Latin America
- 9.5.1. Latin America Remittance Market, 2016-2025 (USD Billion)
- 9.5.2. Latin America Remittance Market Revenue, By Type,2016-2025 (USD Billion)
- 9.5.3. Latin America Remittance Market Revenue, By Platform, 2016-2025 (USD Billion)
- 9.5.4. Latin America Remittance Market Revenue, By Channel, 2016-2025 (USD Billion)
- 9.5.5. Latin America Remittance Market Revenue, By End User, 2016-2025 (USD Billion)
- 9.5.6. Brazil
- 9.5.6.1. Brazil Remittance Market Revenue, By Type,2016-2025 (USD Billion)
- 9.5.6.2. Brazil Remittance Market Revenue, By Platform, 2016-2025 (USD Billion)
- 9.5.6.3. Brazil Remittance Market Revenue, By Channel, 2016-2025 (USD Billion)
- 9.5.6.4. Brazil Remittance Market Revenue, By End User, 2016-2025 (USD Billion)
- 9.5.7. Rest of Latin America
- 9.5.7.1. Rest of Latin America Remittance Market Revenue, By Type,2016-2025 (USD Billion)
- 9.5.7.2. Rest of Latin America Remittance Market Revenue, By Platform, 2016-2025 (USD Billion)
- 9.5.7.3. Rest of Latin America Remittance Market Revenue, By Channel, 2016-2025 (USD Billion)
- 9.5.7.4. Rest of Latin America Remittance Market Revenue, By End User, 2016-2025 (USD Billion)
- 9.6. The Middle East and Africa
- 9.6.1. The Middle East and Africa Remittance Market, 2016-2025 (USD Billion)
- 9.6.2. The Middle East and Africa Remittance Market Revenue, By Type,2016-2025 (USD Billion)
- 9.6.3. The Middle East and Africa Remittance Market Revenue, By Platform, 2016-2025 (USD Billion)
- 9.6.4. The Middle East and Africa Remittance Market Revenue, By Channel, 2016-2025 (USD Billion)
- 9.6.5. The Middle East and Africa Remittance Market Revenue, By End User, 2016-2025 (USD Billion)
- 9.1. Global Remittance Market overview: by Region
- Chapter 10. Company Profiles
- 10.1. MoneyGram International Inc.
- 10.1.1. Overview
- 10.1.2. Financials
- 10.1.3. Product Portfolio
- 10.1.4. Business Strategy
- 10.1.5. Recent Developments
- 10.2. Euronet Worldwide
- 10.2.1. Overview
- 10.2.2. Financials
- 10.2.3. Product Portfolio
- 10.2.4. Business Strategy
- 10.2.5. Recent Developments
- 10.3. The Kroger Co.
- 10.3.1. Overview
- 10.3.2. Financials
- 10.3.3. Product Portfolio
- 10.3.4. Business Strategy
- 10.3.5. Recent Developments
- 10.4. Societe Generale
- 10.4.1. Overview
- 10.4.2. Financials
- 10.4.3. Product Portfolio
- 10.4.4. Business Strategy
- 10.4.5. Recent Developments
- 10.5. Absa Group Limited
- 10.5.1. Overview
- 10.5.2. Financials
- 10.5.3. Product Portfolio
- 10.5.4. Business Strategy
- 10.5.5. Recent Development
- 10.6. Banco Bradesco
- 10.6.1. Overview
- 10.6.2. Financials
- 10.6.3. Product Portfolio
- 10.6.4. Business Strategy
- 10.6.5. Recent Development
- 10.7. Western Union
- 10.7.1. Overview
- 10.7.2. Financials
- 10.7.3. Product Portfolio
- 10.7.4. Business Strategy
- 10.7.5. Recent Development
- 10.8. U.S. Bancorp
- 10.8.1. Overview
- 10.8.2. Financials
- 10.8.3. Product Portfolio
- 10.8.4. Business Strategy
- 10.8.5. Recent Development
- 10.9. Scotiabank
- 10.9.1. Overview
- 10.9.2. Financials
- 10.9.3. Product Portfolio
- 10.9.4. Business Strategy
- 10.9.5. Recent Development
- 10.1. MoneyGram International Inc.
Table Of Figures
List of Figures
1. Market Research Process
2. Market Research Methodology
3. Global Remittance Market, 2016–2025 (USD Billion)
4. Porter’s Five Forces Analysis
5. Global Remittance Market attractiveness, By Type
6. Global Remittance Market attractiveness, By Platform
7. Global Remittance Market attractiveness, By Channel
8. Global Remittance Market attractiveness, By End User
9. Global Remittance Market Share, By Type, 2018 and 2025
10. Global Remittance Market by Inward Remittance, 2016–2025 (USD Billion)
11. Global Remittance Market by Outward Remittance,2016–2025 (USD Billion)
12. Global Remittance Market Share, By Platform, 2018 and 2025
13. Global Remittance Market By Digital, 2016–2025 (USD Billion)
14. Global Remittance Market By Non - Digital, 2016–2025 (USD Billion)
15. Global Remittance Market Share, By Channel, 2018 and 2025
16. Global Remittance Market by Banks, 2016–2025 (USD Billion)
17. Global Remittance Market by Money Transfer Operators, 2016–2025 (USD Billion)
18. Global Remittance Market by Mobile Banking, 2016–2025 (USD Billion)
19. Global Remittance Market by Others, 2016–2025 (USD Billion)
20. Global Remittance Market Share, By End User, 2018 and 2025
21. Global Remittance Market by Migrant Labor Workforce, 2016–2025 (USD Billion)
22. Global Remittance Market by Businesses, 2016–2025 (USD Billion)
23. Global Remittance Market by Individual/Personal, 2016–2025 (USD Billion)
24. Global Remittance Market Share, by Region, 2018 and 2025
25. North America Remittance Market, 2016–2025 (USD Billion)
26. Europe Remittance Market, 2016–2025 (USD Billion)
27. Asia Pacific Remittance Market, 2016–2025 (USD Billion)
28. Latin America Remittance Market, 2016–2025 (USD Billion)
29. The Middle East and Africa Remittance Market, 2016–2025 (USD Billion)
Table Of Tables
List of Tables
1. Global Remittance Market: snapshot
2. Drivers of Remittance Market: impact analysis
3. Restraints of Remittance Market: impact analysis
4. North America Remittance Market Revenue, By Type,2016–2025 (USD Billion)
5. North America Remittance Market Revenue, By Platform, 2016–2025 (USD Billion)
6. North America Remittance Market Revenue, By Channel, 2016–2025 (USD Billion)
7. North America Remittance Market Revenue, By End User, 2016–2025 (USD Billion)
8. The U.S. Remittance Market Revenue, By Type,2016–2025 (USD Billion)
9. The U.S. Remittance Market Revenue, By Platform, 2016–2025 (USD Billion)
10. The U.S. Remittance Market Revenue, By Channel, 2016–2025 (USD Billion)
11. The U.S. Remittance Market Revenue, By End User, 2016–2025 (USD Billion)
12. Rest of North America Remittance Market Revenue, By Type,2016–2025 (USD Billion)
13. Rest of North America Remittance Market Revenue, By Platform, 2016–2025 (USD Billion)
14. Rest of North America Remittance Market Revenue, By Channel, 2016–2025 (USD Billion)
15. Rest of North America Remittance Market Revenue, By End User, 2016–2025 (USD Billion)
16. Europe Remittance Market Revenue, By Type,2016–2025 (USD Billion)
17. Europe Remittance Market Revenue, By Platform, 2016–2025 (USD Billion)
18. Europe Remittance Market Revenue, By Channel, 2016–2025 (USD Billion)
19. Europe Remittance Market Revenue, By End User, 2016–2025 (USD Billion)
20. U.K. Remittance Market Revenue, By Type,2016–2025 (USD Billion)
21. U.K. Remittance Market Revenue, By Platform, 2016–2025 (USD Billion)
22. U.K. Remittance Market Revenue, By Channel, 2016–2025 (USD Billion)
23. U.K. Remittance Market Revenue, By End User, 2016–2025 (USD Billion)
24. France Remittance Market Revenue, By Type,2016–2025 (USD Billion)
25. France Remittance Market Revenue, By Platform, 2016–2025 (USD Billion)
26. France Remittance Market Revenue, By Channel, 2016–2025 (USD Billion)
27. France Remittance Market Revenue, By End User, 2016–2025 (USD Billion)
28. Germany Remittance Market Revenue, By Type,2016–2025 (USD Billion)
29. Germany Remittance Market Revenue, By Platform, 2016–2025 (USD Billion)
30. Germany Remittance Market Revenue, By Channel, 2016–2025 (USD Billion)
31. Germany Remittance Market Revenue, By End User, 2016–2025 (USD Billion)
32. Rest of Europe Remittance Market Revenue, By Type,2016–2025 (USD Billion)
33. Rest of Europe Remittance Market Revenue, By Platform, 2016–2025 (USD Billion)
34. Rest of Europe Remittance Market Revenue, By Channel, 2016–2025 (USD Billion)
35. Rest of Europe Remittance Market Revenue, By End User, 2016–2025 (USD Billion)
36. Asia Pacific Remittance Market Revenue, By Type,2016–2025 (USD Billion)
37. Asia Pacific Remittance Market Revenue, By Platform, 2016–2025 (USD Billion)
38. Asia Pacific Remittance Market Revenue, By Channel, 2016–2025 (USD Billion)
39. Asia Pacific Remittance Market Revenue, By End User, 2016–2025 (USD Billion)
40. China Remittance Market Revenue, By Type,2016–2025 (USD Billion)
41. China Remittance Market Revenue, By Platform, 2016–2025 (USD Billion)
42. China Remittance Market Revenue, By Channel, 2016–2025 (USD Billion)
43. China Remittance Market Revenue, By End User, 2016–2025 (USD Billion)
44. Japan Remittance Market Revenue, By Type,2016–2025 (USD Billion)
45. Japan Remittance Market Revenue, By Platform, 2016–2025 (USD Billion)
46. Japan Remittance Market Revenue, By Channel, 2016–2025 (USD Billion)
47. Japan Remittance Market Revenue, By End User, 2016–2025 (USD Billion)
48. India Remittance Market Revenue, By Type,2016–2025 (USD Billion)
49. India Remittance Market Revenue, By Platform, 2016–2025 (USD Billion)
50. India Remittance Market Revenue, By Channel, 2016–2025 (USD Billion)
51. India Remittance Market Revenue, By End User, 2016–2025 (USD Billion)
52. Rest of Asia Pacific Remittance Market Revenue, By Type,2016–2025 (USD Billion)
53. Rest of Asia Pacific Remittance Market Revenue, By Platform, 2016–2025 (USD Billion)
54. Rest of Asia Pacific Remittance Market Revenue, By Channel, 2016–2025 (USD Billion)
55. Rest of Asia Pacific Remittance Market Revenue, By End User, 2016–2025 (USD Billion)
56. Latin America Remittance Market Revenue, By Type,2016–2025 (USD Billion)
57. Latin America Remittance Market Revenue, By Platform, 2016–2025 (USD Billion)
58. Latin America Remittance Market Revenue, By Channel, 2016–2025 (USD Billion)
59. Latin America Remittance Market Revenue, By End User, 2016–2025 (USD Billion)
60. Brazil Remittance Market Revenue, By Type,2016–2025 (USD Billion)
61. Brazil Remittance Market Revenue, By Platform, 2016–2025 (USD Billion)
62. Brazil Remittance Market Revenue, By Channel, 2016–2025 (USD Billion)
63. Brazil Remittance Market Revenue, By End User, 2016–2025 (USD Billion)
64. Rest of Latin America Remittance Market Revenue, By Type,2016–2025 (USD Billion)
65. Rest of Latin America Remittance Market Revenue, By Platform, 2016–2025 (USD Billion)
66. Rest of Latin America Remittance Market Revenue, By Channel, 2016–2025 (USD Billion)
67. Rest of Latin America Remittance Market Revenue, By End User, 2016–2025 (USD Billion)
68. The Middle East and Africa Remittance Market Revenue, By Type,2016–2025 (USD Billion)
69. The Middle East and Africa Remittance Market Revenue, By Platform, 2016–2025 (USD Billion)
70. The Middle East and Africa Remittance Market Revenue, By Channel, 2016–2025 (USD Billion)
71. The Middle East and Africa Remittance Market Revenue, By End User, 2016–2025 (USD Billion)
Methodology
FrequentlyAsked Questions
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