Digital Remittance Market in North America would register a CAGR of 15.7% during 2020-2026

Published Date: 11-Jun-2020

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According to a new report North America Digital Remittance Market, published by KBV research, the North America Digital Remittance Market would witness market growth of 15.7% CAGR during the forecast period (2020-2026).

The US market dominated the North America Digital Remittance Inward Market by Country 2019, and would continue to be a dominant market till 2026. The Canada market is poised to grow at a CAGR of 20.8% during (2020 - 2026). Additionally, The Mexico market would witness a CAGR of 19.8% during (2020 - 2026).

The Personal market dominated the Canada Digital Remittance Market by End Use 2019, growing at a CAGR of 17.3 % during the forecast period. The Small Businesses market is experiencing a CAGR of 17.5% during (2020 - 2026). Additionally, The Migrant Labor Workforce market is estimated to grow at a CAGR of 19.2% during (2020 - 2026).

The Money Transfer Operators market dominated the Mexico Digital Remittance Market by Channel 2019, growing at a CAGR of 16.1 % during the forecast period. The Online Platforms market would showcase prominent CAGR of 16.6% during (2020 - 2026). The Banks market is expected to witness a CAGR of 18.8% during (2020 - 2026).

Report 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.

North America 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

  • US Digital Remittance Market
  • Canada Digital Remittance Market
  • Mexico Digital Remittance Market
  • Rest of North America 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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Asia Pacific Market

LAMEA Market

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