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Digital Remittance Market in Asia Pacific would register a CAGR of 19.2% during 2020-2026

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According to a new report Asia Pacific Digital Remittance Market, published by KBV research, the Asia Pacific Digital Remittance Market would witness market growth of 19.2% CAGR during the forecast period (2020-2026).

The China market dominated the Asia Pacific Banks Digital Remittance Market by Country 2019. The Japan market is would showcase a CAGR of 20% during (2020 - 2026). Additionally, The India market is poised to grow at a CAGR of 21.3% during (2020 - 2026).

The Outward market dominated the South Korea Digital Remittance Market by Type 2019, thereby, achieving a market value of $554.9 million by 2026, growing at a CAGR of 19.6 % during the forecast period. The Inward market is exhibiting a CAGR of 23.3% during (2020 - 2026).

The Personal market dominated the Malaysia Digital Remittance Market by End Use 2019, growing at a CAGR of 22 % during the forecast period. The Small Businesses market is experiencing a CAGR of 22.1% during (2020 - 2026). Additionally, The Migrant Labor Workforce market would witness CAGR of 24.1% during (2020 - 2026).

Structural Insights: https://www.kbvresearch.com/asia-pacific-digital-remittance-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Ripple Labs, Inc., Remitly, Inc., WorldRemit Ltd., TransferWise Ltd., TransferGo Ltd., NIUM Pvt. Ltd., Digital Wallet Corporation, Azimo Limited, Mobetize Corporation, and Arcus Financial Intelligence, Inc.

Asia Pacific Digital Remittance Market Segmentation

By Type

  • Outward
  • Inward

By End-Use

  • Personal
  • Small Businesses
  • Migrant Labor Workforce
  • Others

By Channel

  • Money Transfer Operators
  • Online Platforms
  • Banks
  • Others

By Country

  • China Digital Remittance Market
  • Japan Digital Remittance Market
  • India Digital Remittance Market
  • South Korea Digital Remittance Market
  • Singapore Digital Remittance Market
  • Malaysia Digital Remittance Market
  • Rest of Asia Pacific Digital Remittance Market

Companies Profiled

  • Ripple Labs, Inc.
  • Remitly, Inc.
  • WorldRemit Ltd.
  • TransferWise Ltd.
  • TransferGo Ltd.
  • NIUM Pvt. Ltd.
  • Digital Wallet Corporation
  • Azimo Limited
  • Mobetize Corporation
  • Arcus Financial Intelligence, Inc.

Unique Offerings from KBV Research

  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Digital Remittance Market Related Reports:

Global Market

North America Market

Europe Market

LAMEA Market



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