1. Market Overview
1.1 Digital Money Transfer Introduction
Digital payments are becoming the cornerstone of cross-border, international digital money transfer and remittances market, with numerous disruptor MTOs (Money Transfer Operators) making strong progress. Cross-border transfer has evolved from being solely a sphere of migrant economies to fully fledged payment corridors, where new actors emerge presenting novel solutions to challenges involving such transactions in terms of access, cost, and speed. As such, we are now witnessing the emergence of new technologies and/or applications of them in this particular context with blockchain, stablecoins and CBDCs (Central Bank Digital Currencies) being important disruptors in the market.
1.1.1 Definition and Scope
According to KONMAD, the Global Knowledge Partnership on Migration and Development, global remittances have reached $XXX billion in the beginning of XXXX, up X.X% from $XXX billion in XXXX. The World Bank estimated remittance flows were to reach $XXX billion at a rate of X.X% until the end of XXXX.
Forecast Analysis
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Forecast Analysis comprises of:
5-year forecasts
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Market segment data splits
12 months of continuous data updates
Forecast Analysis
£3,250
$4,420
€3,803
Forecast Analysis comprises of:
5-year forecasts
8 regions and 60 country-level data splits
Market segment data splits
12 months of continuous data updates
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Full Research Suite comprises of:
Market outlook & trends analysis
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Competitor Leaderboard with 29 vendors ranked
Vendor profiles & capabilities analysis
5-year forecasts
8 regions and 60 country-level data splits
Market segment data splits
12 months of continuous data updates
Full Research Suite
£4,250
$5,780
€4,973
Full Research Suite comprises of:
Market outlook & trends analysis
Interviews & case studies
Strategic recommendations
Competitor Leaderboard with 29 vendors ranked
Vendor profiles & capabilities analysis
5-year forecasts
8 regions and 60 country-level data splits
Market segment data splits
12 months of continuous data updates
PDF
EXCEL
ONLINE