Digital Money Transfer Market 2027 By Type, Application and Geography | The Insight Partners

Digital Money Transfer Market to 2027 - Global Analysis and Forecasts by Type (Domestic Money Transfer, International Money Transfer); Application (Consumer, Enterprise) and Geography

Report Code: TIPRE00006244 | No. of Pages: 150 | Category: Technology, Media and Telecommunications | Status: Upcoming
MARKET INTRODUCTION

The payments industry dynamics have been changing rapidly and has facilitated digital payments and money transfers easier and quicker. Many individuals in the under-developed economies move to the developed countries in search of better lifestyle and incomes. They earn and then send money to their families back at home which earlier used to be a tedious and expensive affair. With digital money transfer platforms, the funds transfer involving currency exchanges has becomes easier, convenient and inexpensive. Various additional value-added services are anticipated to be coupled with the digital money transfer landscape in the coming years.

MARKET DYNAMICS

Growing number of immigrants in the Western countries from the under-developed regions of the world, coupled with an improving internet infrastructure have provided a thrust to the payments landscape over the years. Further, need for easier and quicker remittance and payments service has driven the demands for digital money transfer market. Emergence of alternative platforms such as mobile wallets would pose a challenge to the growth of digital money transfer market. Additionally, focus on Peer-to-Peer (P2P) money transfer services is anticipated to generate vast growth opportunities for the players operating in the digital money transfer market.

MARKET SCOPE

The "Global Digital Money Transfer Market Analysis to 2027" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the digital money transfer market with detailed market segmentation by type, application and geography. The global digital money transfer market is expected to witness rapid growth during the forecast period. The report provides key statistics on the market status of the leading digital money transfer market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global digital money transfer market is segmented on the basis of type and application. Based on type, the digital money transfer market is segmented into domestic money transfer and international money transfer. On the basis of application, the digital money transfer market is segmented into consumer and enterprise.

REGIONAL FRAMEWORK


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global digital money transfer market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The digital money transfer market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of eighteen countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the digital money transfer market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the digital money transfer in these regions.

MARKET PLAYERS


The reports cover key developments in the digital money transfer market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from digital money transfer market are anticipated to lucrative growth opportunities in the future with the rising demand for digital money transfer in the global market. Below mentioned is the list of few companies engaged in the digital money transfer market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the digital money transfer market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, the key development in the past five years.

  •  Azimo
  •  InstaReM
  •  MoneyGram International Inc.
  •  Paypal, Inc. (Xoom)
  •  Remitly
  •  Ria Money Transfer
  •  TransferGo Ltd.
  •  TransferWise Ltd
  •  Western Union
  •  WorldRemit

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Digital Money Transfer Market - By Type
1.3.2 Digital Money Transfer Market - By Application
1.3.3 Digital Money Transfer Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. DIGITAL MONEY TRANSFER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. DIGITAL MONEY TRANSFER MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. DIGITAL MONEY TRANSFER MARKET - GLOBAL MARKET ANALYSIS
6.1. DIGITAL MONEY TRANSFER - GLOBAL MARKET OVERVIEW
6.2. DIGITAL MONEY TRANSFER - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE

7. DIGITAL MONEY TRANSFER MARKET - REVENUE AND FORECASTS TO 2027 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. DOMESTIC MONEY TRANSFER
7.3.1. Overview
7.3.2. Domestic Money Transfer Market Forecast and Analysis
7.4. INTERNATIONAL MONEY TRANSFER
7.4.1. Overview
7.4.2. International Money Transfer Market Forecast and Analysis

8. DIGITAL MONEY TRANSFER MARKET - REVENUE AND FORECASTS TO 2027 - APPLICATION

8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CONSUMER
8.3.1. Overview
8.3.2. Consumer Market Forecast and Analysis
8.4. ENTERPRISE
8.4.1. Overview
8.4.2. Enterprise Market Forecast and Analysis

9. DIGITAL MONEY TRANSFER MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Digital Money Transfer Market Overview
9.1.2 North America Digital Money Transfer Market Forecasts and Analysis
9.1.3 North America Digital Money Transfer Market Forecasts and Analysis - By Type
9.1.4 North America Digital Money Transfer Market Forecasts and Analysis - By Application
9.1.5 North America Digital Money Transfer Market Forecasts and Analysis - By Countries
9.1.5.1 United States Digital Money Transfer Market
9.1.5.1.1 United States Digital Money Transfer Market by Type
9.1.5.1.2 United States Digital Money Transfer Market by Application
9.1.5.2 Canada Digital Money Transfer Market
9.1.5.2.1 Canada Digital Money Transfer Market by Type
9.1.5.2.2 Canada Digital Money Transfer Market by Application
9.1.5.3 Mexico Digital Money Transfer Market
9.1.5.3.1 Mexico Digital Money Transfer Market by Type
9.1.5.3.2 Mexico Digital Money Transfer Market by Application
9.2. EUROPE
9.2.1 Europe Digital Money Transfer Market Overview
9.2.2 Europe Digital Money Transfer Market Forecasts and Analysis
9.2.3 Europe Digital Money Transfer Market Forecasts and Analysis - By Type
9.2.4 Europe Digital Money Transfer Market Forecasts and Analysis - By Application
9.2.5 Europe Digital Money Transfer Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Digital Money Transfer Market
9.2.5.1.1 Germany Digital Money Transfer Market by Type
9.2.5.1.2 Germany Digital Money Transfer Market by Application
9.2.5.2 France Digital Money Transfer Market
9.2.5.2.1 France Digital Money Transfer Market by Type
9.2.5.2.2 France Digital Money Transfer Market by Application
9.2.5.3 Italy Digital Money Transfer Market
9.2.5.3.1 Italy Digital Money Transfer Market by Type
9.2.5.3.2 Italy Digital Money Transfer Market by Application
9.2.5.4 United Kingdom Digital Money Transfer Market
9.2.5.4.1 United Kingdom Digital Money Transfer Market by Type
9.2.5.4.2 United Kingdom Digital Money Transfer Market by Application
9.2.5.5 Russia Digital Money Transfer Market
9.2.5.5.1 Russia Digital Money Transfer Market by Type
9.2.5.5.2 Russia Digital Money Transfer Market by Application
9.2.5.6 Rest of Europe Digital Money Transfer Market
9.2.5.6.1 Rest of Europe Digital Money Transfer Market by Type
9.2.5.6.2 Rest of Europe Digital Money Transfer Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Digital Money Transfer Market Overview
9.3.2 Asia-Pacific Digital Money Transfer Market Forecasts and Analysis
9.3.3 Asia-Pacific Digital Money Transfer Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Digital Money Transfer Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Digital Money Transfer Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Digital Money Transfer Market
9.3.5.1.1 Australia Digital Money Transfer Market by Type
9.3.5.1.2 Australia Digital Money Transfer Market by Application
9.3.5.2 China Digital Money Transfer Market
9.3.5.2.1 China Digital Money Transfer Market by Type
9.3.5.2.2 China Digital Money Transfer Market by Application
9.3.5.3 India Digital Money Transfer Market
9.3.5.3.1 India Digital Money Transfer Market by Type
9.3.5.3.2 India Digital Money Transfer Market by Application
9.3.5.4 Japan Digital Money Transfer Market
9.3.5.4.1 Japan Digital Money Transfer Market by Type
9.3.5.4.2 Japan Digital Money Transfer Market by Application
9.3.5.5 South Korea Digital Money Transfer Market
9.3.5.5.1 South Korea Digital Money Transfer Market by Type
9.3.5.5.2 South Korea Digital Money Transfer Market by Application
9.3.5.6 Rest of Asia-Pacific Digital Money Transfer Market
9.3.5.6.1 Rest of Asia-Pacific Digital Money Transfer Market by Type
9.3.5.6.2 Rest of Asia-Pacific Digital Money Transfer Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Digital Money Transfer Market Overview
9.4.2 Middle East and Africa Digital Money Transfer Market Forecasts and Analysis
9.4.3 Middle East and Africa Digital Money Transfer Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Digital Money Transfer Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Digital Money Transfer Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Digital Money Transfer Market
9.4.5.1.1 South Africa Digital Money Transfer Market by Type
9.4.5.1.2 South Africa Digital Money Transfer Market by Application
9.4.5.2 Saudi Arabia Digital Money Transfer Market
9.4.5.2.1 Saudi Arabia Digital Money Transfer Market by Type
9.4.5.2.2 Saudi Arabia Digital Money Transfer Market by Application
9.4.5.3 U.A.E Digital Money Transfer Market
9.4.5.3.1 U.A.E Digital Money Transfer Market by Type
9.4.5.3.2 U.A.E Digital Money Transfer Market by Application
9.4.5.4 Rest of Middle East and Africa Digital Money Transfer Market
9.4.5.4.1 Rest of Middle East and Africa Digital Money Transfer Market by Type
9.4.5.4.2 Rest of Middle East and Africa Digital Money Transfer Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Digital Money Transfer Market Overview
9.5.2 South and Central America Digital Money Transfer Market Forecasts and Analysis
9.5.3 South and Central America Digital Money Transfer Market Forecasts and Analysis - By Type
9.5.4 South and Central America Digital Money Transfer Market Forecasts and Analysis - By Application
9.5.5 South and Central America Digital Money Transfer Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Digital Money Transfer Market
9.5.5.1.1 Brazil Digital Money Transfer Market by Type
9.5.5.1.2 Brazil Digital Money Transfer Market by Application
9.5.5.2 Argentina Digital Money Transfer Market
9.5.5.2.1 Argentina Digital Money Transfer Market by Type
9.5.5.2.2 Argentina Digital Money Transfer Market by Application
9.5.5.3 Rest of South and Central America Digital Money Transfer Market
9.5.5.3.1 Rest of South and Central America Digital Money Transfer Market by Type
9.5.5.3.2 Rest of South and Central America Digital Money Transfer Market by Application

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. DIGITAL MONEY TRANSFER MARKET, KEY COMPANY PROFILES
11.1. AZIMO
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. INSTAREM
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. MONEYGRAM INTERNATIONAL INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. PAYPAL, INC. (XOOM)
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. REMITLY
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. RIA MONEY TRANSFER
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. TRANSFERGO LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. TRANSFERWISE LTD
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. WESTERN UNION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WORLDREMIT
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1.Azimo
2.InstaReM
3.MoneyGram International Inc.
4.Paypal, Inc. (Xoom)
5.Remitly
6.Ria Money Transfer
7.TransferGo Ltd.
8.TransferWise Ltd
9.Western Union
10.WorldRemit