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Global Digital Remittance Market Size, Status and Forecast 2025

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Description
Global Digital Remittance Market Size, Status and Forecast 2025

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Pages: 149
Tables and Figures: 179
Published Date: July 2018
Publisher: Service Research Center
Contact: vivi@vkmarketresearch.com

Summary

This report studies the Digital Remittance market status and outlook of global and major regions, from angles of players, regions, product and end Application/industries; this report analyzes the top players in global and major regions, and splits the Digital Remittance market by product and Application/end industries.

Digital remittances have the potential to engender positive development outcomes. The pure feebased cost savings that result from digital remittances could have a significant impact on immigrant workers, as well as families back home.

Beyond the pure fee costs, important time, reach, and security benefits accrue from digital remittances. The cost savings from digital remittances could be a meaningful boost to global GDP and have a noteworthy impact on poverty. In order for all of these positive developments to be realized, and enabling environment for digital remittances must be created.

Identity, connectivity, banking, and literacy solutions for all must be developed by the public and private sectors in collaboration. With the current refugee crisis, the time is ripe for digital remittances to provide enhanced economic opportunity for those that need it most.

In 2017, the global Digital Remittance Market Size was valued at 1536 million USD, and it will reach 8590 million USD in 2025, with a CAGR of 23.3% between 2018 and 2025.
According to the data from WorldBank, India is the largest country of Migrant remittance inflows, with 68968 million USD and percentage of 11.2% in the world. China, Philippines, Mexico, France, Nigeria, Pakistan, Germany, Vietnam and Bangladesh, also are top players which receive significant amounts of remittance volume.

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. 

Currently, the global Digital Remittance market is dominated by several traditional global money transfer operators (MTOs) like Western Union (WU), Ria Financial Services and MoneyGram. But the fintech like start-ups Xoom, TransferWise, WorldRemit, Remitly and Azimo, have significant impact on the global Digital Remittance market.

The major players in global market include 
Western Union (WU)
Ria Financial Services
PayPal/Xoom
TransferWise
WorldRemit
MoneyGram
Remitly
Azimo
TransferGo
InstaReM
TNG Wallet
Coins.ph
Toast
OrbitRemit
Smiles/Digital Wallet Corporation
Avenues India Pvt Ltd
FlyRemit
WeChat Payment
Ant Financial/Alipay

Geographically, this report split global into several key Regions, with, revenue (million USD), market share and growth rate of Digital Remittance for these regions, from 2013 to 2025 (forecast)
United States
Europe
Middle East & Africa
China
India
Southeast Asia

On the basis of product, the Digital Remittance market is primarily split into 
Banks Digital Remittance
Digital Money Transfer Operators 

On the basis on the end users/Application, this report covers 
Migrant Labor Workforce
Study Abroad and Travel
Small Businesses 

 
Table of Contents

1 Industry Overview    1
1.1 Digital Remittance Market Overview    1
1.1.1 Digital Remittance Product Scope    1
1.1.2 Market Status and Outlook    1
1.2 Global Digital Remittance Market Size and Analysis by Regions (2013-2018)    2
1.2.1 United States Digital Remittance Market Status and Outlook    3
1.2.2 Europe Digital Remittance Market Status and Outlook    4
1.2.3 Middle East & Africa Digital Remittance Market Status and Outlook    5
1.2.4 China Digital Remittance Market Status and Outlook    6
1.2.5 India Digital Remittance Market Status and Outlook    6
1.2.6 Southeast Asia Digital Remittance Market Status and Outlook    7
1.3 Classification of Digital Remittance by Product    8
1.3.1 Global Digital Remittance Revenue (Million USD) and Growth (%) Comparison by Product (2013-2025)    8
1.3.2 Global Digital Remittance Revenue (Million USD) Market Share (%) by Product in 2017    9
1.3.3 Bank Digital Remittance    9
1.3.4 Digital Money Transfer Operators    10
1.4 Digital Remittance Market by End Users/Application    11
1.4.1 Migrant Labor Workforce    12
1.4.2 Study Abroad and Travel    12
1.4.3 Small Businesses    13
2 Global Digital Remittance Competition Analysis by Players    14
2.1 Global Digital Remittance Market Size (Million USD) by Players (2013-2018)    14
2.2 Competitive Status and Trend    17
2.2.1 Market Concentration Rate    17
2.2.2 Mergers & Acquisitions, Expansion    18
2.2.3 New Entrants    18
2.2.4 The Technology Trends in Future    19
3 Company (Top Players) Profiles and Key Data    20
3.1 Western Union (WU)    20
3.1.1 Company Profile    20
3.1.2 Main Business/Business Overview    20
3.1.3 Products, Services and Solutions    21
3.1.4 Western Union (WU) Digital Remittance Revenue (Million USD) (2013-2018)    22
3.2 Ria Financial Services    23
3.2.1 Company Profile    23
3.2.2 Main Business/Business Overview    24
3.2.3 Products, Services and Solutions    24
3.2.4 Ria Financial Services Digital Remittance Revenue (Million USD) (2013-2018)    26
3.3 PayPal/Xoom    27
3.3.1 Company Profile    27
3.3.2 Main Business/Business Overview    28
3.3.3 Products, Services and Solutions    28
3.3.4 PayPal/Xoom Digital Remittance Revenue (Million USD) (2013-2018)    29
3.4 TransferWise    31
3.4.1 Company Profile    31
3.4.2 Main Business/Business Overview    31
3.4.3 Products, Services and Solutions    31
3.4.4 TransferWise Digital Remittance Revenue (Million USD) (2013-2018)    34
3.5 WorldRemit    36
3.5.1 Company Profile    36
3.5.2 Main Business/Business Overview    36
3.5.3 Products, Services and Solutions    36
3.5.4 WorldRemit Digital Remittance Revenue (Million USD) (2013-2018)    37
3.6 MoneyGram    39
3.6.1 Company Profile    39
3.6.2 Main Business/Business Overview    39
3.6.3 Products, Services and Solutions    39
3.6.4 MoneyGram Digital Remittance Revenue (Million USD) (2013-2018)    40
3.7 Remitly    42
3.7.1 Company Profile    42
3.7.2 Main Business/Business Overview    42
3.7.3 Products, Services and Solutions    42
3.7.4 Remitly Digital Remittance Revenue (Million USD) (2013-2018)    44
3.8 Azimo    45
3.8.1 Company Profile    45
3.8.2 Main Business/Business Overview    46
3.8.3 Products, Services and Solutions    46
3.8.4 Azimo Digital Remittance Revenue (Million USD) (2013-2018)    46
3.9 TransferGo    48
3.9.1 Company Profile    48
3.9.2 Main Business/Business Overview    48
3.9.3 Products, Services and Solutions    48
3.9.4 TransferGo Digital Remittance Revenue (Million USD) (2013-2018)    51
3.10 InstaReM    52
3.10.1 Company Profile    52
3.10.2 Main Business/Business Overview    53
3.10.3 Products, Services and Solutions    53
3.10.4 InstaReM Digital Remittance Revenue (Million USD) (2013-2018)    55
3.11 TNG Wallet    56
3.11.1 Company Profile    56
3.11.2 Main Business/Business Overview    57
3.11.3 Products, Services and Solutions    57
3.11.4 TNG Wallet Digital Remittance Revenue (Million USD) (2013-2018)    58
3.12 Coins.ph    60
3.12.1 Company Profile    60
3.12.2 Main Business/Business Overview    60
3.12.3 Products, Services and Solutions    60
3.12.4 Coins.ph Digital Remittance Revenue (Million USD) (2013-2018)    61
3.13 Toast    63
3.13.1 Company Profile    63
3.13.2 Main Business/Business Overview    63
3.13.3 Products, Services and Solutions    63
3.13.4 Toast Digital Remittance Revenue (Million USD) (2013-2018)    65
3.14 OrbitRemit    67
3.14.1 Company Profile    67
3.14.2 Main Business/Business Overview    67
3.14.3 Products, Services and Solutions    67
3.14.4 OrbitRemit Digital Remittance Revenue (Million USD) (2013-2018)    68
3.15 Smiles/Digital Wallet Corporation    70
3.15.1 Company Profile    70
3.15.2 Main Business/Business Overview    70
3.15.3 Products, Services and Solutions    71
3.15.4 Smiles/Digital Wallet Corporation Digital Remittance Revenue (Million USD) (2013-2018)    72
3.16 Avenues India Pvt Ltd    74
3.16.1 Company Profile    74
3.16.2 Main Business/Business Overview    74
3.16.3 Products, Services and Solutions    74
3.16.4 Avenues India Pvt Ltd Digital Remittance Revenue (Million USD) (2013-2018)    76
3.17 FlyRemit    77
3.17.1 Company Profile    77
3.17.2 Main Business/Business Overview    78
3.17.3 Products, Services and Solutions    78
3.17.4 FlyRemit Digital Remittance Revenue (Million USD) (2013-2018)    79
3.18 WeChat Payment    80
3.18.1 Company Profile    80
3.18.2 Main Business/Business Overview    81
3.18.3 Products, Services and Solutions    81
3.19 Ant Financial/Alipay    82
3.19.1 Company Profile    82
3.19.2 Main Business/Business Overview    83
3.19.3 Products, Services and Solutions    83
4 Global Digital Remittance Market Size by Product and Application (2013-2018)    84
4.1 Global Digital Remittance Market Size by Product (2013-2018)    84
4.2 Global Digital Remittance Market Size by Application (2013-2018)    85
4.3 Top End Users of Digital Remittance    86
5 United States Digital Remittance Development Status and Outlook    88
5.1 United States Digital Remittance Market Size (2013-2018)    88
5.2 United States Digital Remittance Revenue and Market Share by Players (2013-2018)    88
5.3 United States Digital Remittance Market Size by Application (2013-2018)    89
6 Europe Digital Remittance Development Status and Outlook    91
6.1 Europe Digital Remittance Market Size (2013-2018)    91
6.2 Europe Digital Remittance Revenue and Market Share by Players (2013-2018)    91
6.3 Europe Digital Remittance Market Size by Application (2013-2018)    92
7 Middle East & Africa Digital Remittance Development Status and Outlook    94
7.1 Middle East & Africa Digital Remittance Market Size (2013-2018)    94
7.2 Middle East & Africa Digital Remittance Market Size by Application (2013-2018)    94
8 China Digital Remittance Development Status and Outlook    96
8.1 China Digital Remittance Market Size and Forecast (2013-2018)    96
8.2 China Digital Remittance Market Size by Application (2013-2018)    96
9 India Digital Remittance Development Status and Outlook    98
9.1 India Digital Remittance Market Size and Forecast (2013-2018)    98
9.2 India Digital Remittance Revenue and Market Share by Players (2013-2018)    98
9.3 India Digital Remittance Market Size by Application (2013-2018)    99
10 Southeast Asia Digital Remittance Development Status and Outlook    101
10.1 Southeast Asia Digital Remittance Market Size and Forecast (2013-2018)    101
10.2 Southeast Asia Digital Remittance Revenue and Market Share by Players (2013-2018)    101
10.3 Southeast Asia Digital Remittance Market Size by Application (2013-2018)    102
11 Market Forecast by Regions, Product and Application (2018-2025)    104
11.1 Global Digital Remittance Market Size (Million USD) by Regions (2018-2025)    104
11.1.1 United States Digital Remittance Revenue and Growth Rate (2018-2025)    106
11.1.2 Europe Digital Remittance Revenue and Growth Rate (2018-2025)    107
11.1.3 China Digital Remittance Revenue and Growth Rate (2018-2025)    108
11.1.4 Middle East & Africa Digital Remittance Revenue and Growth Rate (2018-2025)    109
11.1.5 Southeast Asia Digital Remittance Revenue and Growth Rate (2018-2025)    110
11.1.6 India Digital Remittance Revenue and Growth Rate (2018-2025)    111
11.2 Global Digital Remittance Market Size by Application (2018-2025)    111
11.3 Global Digital Remittance Market Size by Product (2018-2025)    112
12 Digital Remittance Market Dynamics    114
12.1 Digital Remittance Market Opportunities    114
12.1.1 High Cost of Traditional Remittance    115
12.1.2 So Far Fintech Has Made Almost No Impact on Cost of Remittances    119
12.2 Digital Remittance Challenge and Risk    119
12.3 Digital Remittance Market Constraints and Threat    120
12.3.1 Threat from Substitute    120
12.3.2 Government Policy    120
12.3.3 Technology Risks    121
12.4 Digital Remittance Market Driving Force    122
12.4.1 Growing Demand from Emerging Markets    122
12.4.2 Driving Force    123
13 Market Effect Factors Analysis    124
13.1 SWOT Analysis of Digital Remittance    124
13.2 Digital Remittance Market Driving Force    124
13.2.1 Market Drivers    124
13.2.2 Industry Trends    125
13.3 External Environmental Change    125
14 Research Finding /Conclusion    127
15 Methodology and Data Source    129
15.1 Methodology/Research Approach    129
15.1.1 Research Programs/Design    129
15.1.2 Market Size Estimation    130
15.1.3 Market Breakdown and Data Triangulation    131
15.2 Data Source    132
15.2.1 Secondary Sources    132
15.2.2 Primary Sources    133
15.3 Disclaimer    134
15.4 Author List    135

 
List of Tables and Figures

Table Key Digital Remittance Companies Covered in this Report    1
Figure Global Digital Remittance Market Size (Million USD) Status and Outlook (2013-2025)    2
Table Global Market Digital Remittance Revenue (Million USD) Comparison by Regions 2013-2025    2
Figure Global Digital Remittance Market Share by Regions (2013-2018)    3
Figure United States Digital Remittance Market Size (Million USD) and Growth Rate (2013-2018)    4
Figure Europe Digital Remittance Market Size (Million USD) and Growth Rate (2013-2018)    4
Figure Middle East & Africa Digital Remittance Market Size (Million USD) and Growth Rate (2013-2018)    5
Figure China Digital Remittance Market Size (Million USD) and Growth Rate (2013-2018)    6
Figure India Digital Remittance Market Size (Million USD) and Growth Rate (2013-2018)    7
Figure Southeast Asia Digital Remittance Market Size (Million USD) and Growth Rate (2013-2018)    8
Table Global Digital Remittance Revenue (Million USD) and Growth Rate (%) Comparison by Product (2013-2025)    8
Figure Global Digital Remittance Revenue Market Share (%) by Product in 2017    9
Figure Bank Digital Remittance Market Size (Million USD) and Growth Rate (2013-2018)    10
Figure Digital Money Transfer Operators Market Size (Million USD) and Growth Rate (2013-2018)    10
Table Global Digital Remittance Market Size (Million USD) Comparison by Application (2013-2025)    11
Figure Global Digital Remittance Market Share by Application in 2017    11
Figure Digital Remittance Market Size (Million USD) and Growth Rate in Migrant Labor Workforce (2013-2018)    12
Figure Digital Remittance Market Size (Million USD) and Growth Rate in Study Abroad and Travel (2013-2018)    12
Figure Digital Remittance Market Size (Million USD) and Growth Rate in Small Businesses (2013-2018)    13
Table Global Digital Remittance Revenue (Million USD) by Players (2013-2018)    14
Table Global Digital Remittance Revenue Market Share (%) by Players (2013-2018)    14
Figure Global Digital Remittance Market Size Share by Players in 2017    16
Figure Digital Remittance Market Share (%) of Top 3 Players    17
Figure Digital Remittance Market Share (%) of Top 5 Players    17
Table Mergers & Acquisitions, Expansions of Digital Remittance (2013-2018)    18
Table New Entrants of Digital Remittance (2013-2018)    18
Table Western Union (WU) Basic Information List    20
Table Digital Remittance Information    21
Table Digital Remittance Business Revenue of Western Union (WU) (2013-2018)    22
Figure Western Union (WU) Digital Remittance Business Revenue Growth Rate    22
Figure Western Union (WU) Digital Remittance Business Revenue Market Share (%) (2013-2018)    23
Table Ria Financial Services Basic Information List    23
Table Digital Remittance Information    24
Table Digital Remittance Business Revenue of Ria Financial Services (2013-2018)    26
Figure Ria Financial Services Digital Remittance Business Revenue Growth Rate    26
Figure Ria Financial Services Digital Remittance Business Revenue Market Share (%) (2013-2018)    27
Table PayPal/Xoom Basic Information List    27
Table Digital Remittance Information    28
Table Digital Remittance Business Revenue of PayPal/Xoom (2013-2018)    29
Figure PayPal/Xoom Digital Remittance Business Revenue Growth Rate    30
Figure PayPal/Xoom Digital Remittance Business Revenue Market Share (%) (2013-2018)    30
Table TransferWise Basic Information List    31
Table Digital Remittance Information    31
Table Digital Remittance Business Revenue of TransferWise (2013-2018)    34
Figure TransferWise Digital Remittance Business Revenue Growth Rate    35
Figure TransferWise Digital Remittance Business Revenue Market Share (%) (2013-2018)    35
Table WorldRemit Basic Information List    36
Table Digital Remittance Information    36
Table Digital Remittance Business Revenue of WorldRemit (2013-2018)    37
Figure WorldRemit Digital Remittance Business Revenue Growth Rate    38
Figure WorldRemit Digital Remittance Business Revenue Market Share (%) (2013-2018)    38
Table MoneyGram Basic Information List    39
Table Digital Remittance Information    39
Table Digital Remittance Business Revenue of MoneyGram (2013-2018)    40
Figure MoneyGram Digital Remittance Business Revenue Growth Rate    41
Figure MoneyGram Digital Remittance Business Revenue Market Share (%) (2013-2018)    41
Table Remitly Basic Information List    42
Table Digital Remittance Information    42
Table Digital Remittance Business Revenue of Remitly (2013-2018)    44
Figure Remitly Digital Remittance Business Revenue Growth Rate    44
Figure Remitly Digital Remittance Business Revenue Market Share (%) (2013-2018)    45
Table Azimo Basic Information List    45
Table Digital Remittance Information    46
Table Digital Remittance Business Revenue of Azimo (2013-2018)    46
Figure Azimo Digital Remittance Business Revenue Growth Rate    47
Figure Azimo Digital Remittance Business Revenue Market Share (%) (2013-2018)    47
Table TransferGo Basic Information List    48
Table Digital Remittance Information    48
Table Digital Remittance Business Revenue of TransferGo (2013-2018)    51
Figure TransferGo Digital Remittance Business Revenue Growth Rate    51
Figure TransferGo Digital Remittance Business Revenue Market Share (%) (2013-2018)    52
Table InstaReM Basic Information List    52
Table Digital Remittance Information    53
Table Digital Remittance Business Revenue of InstaReM (2013-2018)    55
Figure InstaReM Digital Remittance Business Revenue Growth Rate    55
Figure InstaReM Digital Remittance Business Revenue Market Share (%) (2013-2018)    56
Table TNG Wallet Basic Information List    56
Table Digital Remittance Information    57
Table Digital Remittance Business Revenue of TNG Wallet (2013-2018)    58
Figure TNG Wallet Digital Remittance Business Revenue Growth Rate    59
Figure TNG Wallet Digital Remittance Business Revenue Market Share (%) (2013-2018)    59
Table Coins.ph Basic Information List    60
Table Digital Remittance Information    60
Table Digital Remittance Business Revenue of Coins.ph (2013-2018)    61
Figure Coins.ph Digital Remittance Business Revenue Growth Rate    62
Figure Coins.ph Digital Remittance Business Revenue Market Share (%) (2013-2018)    62
Table Toast Basic Information List    63
Table Digital Remittance Information    63
Table Digital Remittance Business Revenue of Toast (2013-2018)    65
Figure Toast Digital Remittance Business Revenue Growth Rate    66
Figure Toast Digital Remittance Business Revenue Market Share (%) (2013-2018)    66
Table OrbitRemit Basic Information List    67
Table Digital Remittance Information    67
Table Digital Remittance Business Revenue of OrbitRemit (2013-2018)    68
Figure OrbitRemit Digital Remittance Business Revenue Growth Rate    69
Figure OrbitRemit Digital Remittance Business Revenue Market Share (%) (2013-2018)    69
Table Smiles/Digital Wallet Corporation Basic Information List    70
Table Digital Remittance Information    71
Table Digital Remittance Business Revenue of Smiles/Digital Wallet Corporation (2013-2018)    72
Figure Smiles/Digital Wallet Corporation Digital Remittance Business Revenue Growth Rate    73
Figure Smiles/Digital Wallet Corporation Digital Remittance Business Revenue Market Share (%) (2013-2018)    73
Table Avenues India Pvt Ltd Basic Information List    74
Table Digital Remittance Information    74
Table Digital Remittance Business Revenue of Avenues India Pvt Ltd (2013-2018)    76
Figure Avenues India Pvt Ltd Digital Remittance Business Revenue Growth Rate    76
Figure Avenues India Pvt Ltd Digital Remittance Business Revenue Market Share (%) (2013-2018)    77
Table FlyRemit Basic Information List    77
Table Digital Remittance Information    78
Table Digital Remittance Business Revenue of FlyRemit (2013-2018)    79
Figure FlyRemit Digital Remittance Business Revenue Growth Rate    79
Figure FlyRemit Digital Remittance Business Revenue Market Share (%) (2013-2018)    80
Table WeChat Payment Basic Information List    80
Table Digital Remittance Information    81
Table Ant Financial/Alipay Basic Information List    82
Table Digital Remittance Information    83
Table Global Digital Remittance Market Size by Product (2013-2018) (Million USD)    84
Table Global Digital Remittance Revenue Market Share (%) by Product (2013-2018)    84
Figure Global Digital Remittance Market Size Share by Product in 2017    85
Table Global Digital Remittance Market Size by Application (2013-2018) (Million USD)    85
Figure Global Digital Remittance Revenue Market Share (%) by Application (2013-2018)    86
Figure Global Digital Remittance Market Size Share by Application in 2017    86
Figure United States Digital Remittance Market Size and Growth Rate (2013-2018) (Million USD)    88
Table United States Digital Remittance Revenue by Players (2013-2018) (Million USD)    88
Figure United States Digital Remittance Revenue Share by Players in 2017    89
Table United States Digital Remittance Market Size by Application (2013-2018) (Million USD)    89
Figure United States Digital Remittance Revenue Market Share (%) by Application in 2017    90
Figure Europe Digital Remittance Market Size and Growth Rate (2013-2018) (Million USD)    91
Table Europe Digital Remittance Revenue by Players (2013-2018) (2013-2018) (Million USD)    91
Figure Europe Digital Remittance Market Size Share by Players in 2017    92
Table Europe Digital Remittance Market Size by Application (2013-2018) (Million USD)    92
Figure Europe Digital Remittance Market Size Share by Application in 2017    93
Figure Middle East & Africa Digital Remittance Market Size and Growth Rate (2013-2018) (Million USD)    94
Table Middle East & Africa Digital Remittance Market Size by Application (2013-2018) (Million USD)    94
Figure Middle East & Africa Digital Remittance Market Size Share by Application in 2017    95
Figure China Digital Remittance Market Size and Growth Rate (2013-2018) (Million USD)    96
Table China Digital Remittance Market Size by Application (2013-2018) (Million USD)    96
Figure China Digital Remittance Market Size Share by Application in 2017    97
Figure India Digital Remittance Market Size and Growth Rate (2013-2018) (Million USD)    98
Table India Digital Remittance Revenue by Players (2013-2018) (2013-2018) (Million USD)    98
Figure India Digital Remittance Market Size Share by Players in 2017    99
Table India Digital Remittance Market Size by Application (2013-2018) (Million USD)    99
Figure India Digital Remittance Market Size Share by Application in 2017    100
Figure Southeast Asia Digital Remittance Market Size and Growth Rate (2013-2018) (Million USD)    101
Table Southeast Asia Digital Remittance Revenue by Players (2013-2018) (2013-2018) (Million USD)    101
Figure Southeast Asia Digital Remittance Market Size Share by Players in 2017    102
Table Southeast Asia Digital Remittance Market Size by Application (2013-2018) (Million USD)    102
Figure Southeast Asia Digital Remittance Market Size Share by Application in 2017    103
Figure Global Digital Remittance Market Size and Growth Rate (2018-2025) (Million USD)    104
Table Global Digital Remittance Market Size by Regions (2018-2025) (Million USD)    104
Figure Global Digital Remittance Market Size Share by Regions (2018-2025)    105
Figure Global Digital Remittance Market Size Share by Regions in 2025    105
Figure United States Digital Remittance Revenue (Million USD) and Growth Rate (2018-2025)    106
Figure Europe Digital Remittance Revenue (Million USD) and Growth Rate (2018-2025)    107
Figure China Digital Remittance Revenue (Million USD) and Growth Rate (2018-2025)    108
Figure Middle East & Africa Digital Remittance Revenue (Million USD) and Growth Rate (2018-2025)    109
Figure Southeast Asia Digital Remittance Revenue (Million USD) and Growth Rate (2018-2025)    110
Figure India Digital Remittance Revenue (Million USD) and Growth Rate (2018-2025)    111
Table Global Digital Remittance Market Size by Application (2018-2025)    111
Figure Global Digital Remittance Market Size by Application (2018-2025)    112
Figure Global Digital Remittance Market Size by Application in 2025    112
Table Global Digital Remittance Market Size by Product (2018-2025)    112
Figure Global Digital Remittance Market Size by Product (2018-2025)    113
Figure Global Digital Remittance Market Size by Product in 2025    113
Figure Global Remittance Average Total Cost for Sending USD 200    115
Figure G8 Remittance Average Cost for Sending USD 200    115
Figure Remittance Average Cost of Sending USD 200 from G20 Countries    116
Figure Remittance Average Cost of Remitting USD 200 from G20 Countries    116
Figure Average Cost of Sending USD 200 to G20 Countries    117
Figure Total Average by RSP Type    117
Figure Average Cost by Instrument Used to Fund the Transaction    118
Figure Average Cost by Means of Disbursing the Funds    118
Figure The Cost of Sending $200    119
Figure SWOT Analysis of Digital Remittance    124
Figure World Real GDP Growth Rate Map    126
Table Major Region Real GDP Growth Rate (%)    126
Table Research Programs/Design for This Report    129
Figure Bottom-up and Top-down Approaches for This Report    131
Figure Data Triangulation    132
Table Key Data Information from Secondary Sources    133
Table Key Data Information from Primary Sources    134