DUBLIN--(BUSINESS WIRE)--Oct 3, 2019--

Digital Money Transfer & Remittance market value is projected to display a robust growth represented by a CAGR of 11.75% by value during 2019-2024.

Over the recent years, Digital Money Transfer and Remittance market has been witnessing considerable growth on the back of increasing growing urban and working population align with rising income and old population growing urbanization and Escalating application of POS systems in a number of industries such as Retail, Restaurants, Healthcare, Transportation, Ecommerce, among various others and on the other hand the ever-rising working population is diverting the consumer towards the digital payment. Amongst the countries, China accounts for the largest share in the Global Digital Money Transfer & Remittance Market in 2018.

The report has covered and analysed the potential of digital money transfer and remittance market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation.

The report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Digital Money Transfer & Remittance market. Additionally, the report also highlights market entry strategies for various companies across the globe.

Global Digital Money Transfer & Remittance Market Dynamics

Market Drivers

  • Growing adoption of POS Systems by Small Businesses
  • Enhanced convenience of payment
  • Escalating number of New Market Entrants
  • Evolution of E-commerce

Market Restraints

  • Cash Still Being the Threat
  • Growing threats of Cyber Crime

Market Trends

  • Partnership between banks & Companies
  • E-wallet emergence

Global Digital Money Transfer & Remittance Market

  • SWOT Analysis

Key Topics Covered:

1. Research Methodology

2. Executive Summary

3. Strategic Recommendations

4. Digital Money Transfer & Remittance Market - Product Outlook

5. Global Digital Money Transfer & Remittance Market: An Analysis

5.1 Global Digital Money Transfer & Remittance Market, By Value, 2017-2024 (USD Billions)

5.2 Global Economic & Industrial Statistics

5.3 Global Digital Money Transfer & Remittance Market: Segmental Analysis

5.3.1 Global Digital Money Transfer & Remittance Market, By Type

5.3.2 Global Digital Money Transfer & Remittance Market - By Type, By Value, 2017-2024 (USD Billion)

5.3.3 Market Opportunity of Global Digital Money Transfer & Remittance Market - By Type (Year- 2024)

5.3.4 Global Digital Money Transfer & Remittance Market Share- By Application

5.3.5 Global Digital Money Transfer & Remittance Market - By Application, By Value, 2017-2024 (USD Billion)

5.3.6 Market Opportunity of Global Digital Money Transfer & Remittance Market - By Application (Year- 2024)

6. Global Digital Money Transfer & Remittance Market : Regional Analysis

6.1 Global Digital Money Transfer & Remittance Market Share, By Region, 2018 (%)

6.2 Global Digital Money Transfer & Remittance Market Share, By Region, 2024 (%)

6.3 Market Opportunity Chart of Global Digital Money Transfer & Remittance Market - By Region (Year- 2024)

Company Profiles

  • PayPal Inc.
  • Avenues Payments India Pvt. Ltd.
  • MoneyGram International Inc.
  • Western Union Co.
  • Ria Financial Co.

For more information about this report visit https://www.researchandmarkets.com/r/6icd1p

Laura Wood, Senior Press Manager

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KEYWORD:

INDUSTRY KEYWORD: SOFTWARE OTHER RETAIL BANKING TECHNOLOGY PROFESSIONAL SERVICES RETAIL

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 10/03/2019 09:54 AM/DISC: 10/03/2019 09:54 AM

Copyright Business Wire 2019.

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