Digital Remittance Market in Europe would register a CAGR of 16.3% during 2020-2026

Published Date: 11-Jun-2020

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According to a new report Europe Digital Remittance Market, published by KBV research, the Europe Digital Remittance Market would witness market growth of 16.3% CAGR during the forecast period (2020-2026).

The Germany market is one of the major regions in the Europe Digital Remittance Small Businesses Market by Country 2019, growing at a CAGR of 14.2 % during the forecast period. The UK market is experiencing a CAGR of 14.6% during (2020 - 2026). Additionally, The France market is poised to grow at a CAGR of 17.6% during (2020 - 2026).

The Outward market dominated the Russia Digital Remittance Market by Type 2019, growing at a CAGR of 15.5 % during the forecast period. The Inward market would grow at a CAGR of 19% during (2020 - 2026).

The Money Transfer Operators market dominated the Spain Digital Remittance Market by Channel 2019, thereby, achieving a market value of $199.5 million by 2026. The Online Platforms market would exhibit a CAGR of 15.4% during (2020 - 2026). The Banks market is witnessing a CAGR of 17.4% during (2020 - 2026).

Structural Insights:

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.

Europe 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

  • Germany Digital Remittance Market
  • UK Digital Remittance Market
  • France Digital Remittance Market
  • Russia Digital Remittance Market
  • Spain Digital Remittance Market
  • Italy Digital Remittance Market
  • Rest of Europe 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:

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