Global Mobile Remittance Service Market Size, Status and Forecast 2021-2027

Published Date : 05-05-2021
Pages : 91
Report Id : 26669
Categories : Services

Around 400 million of the two billion unbanked people in the world have some forms of mobile money account. The global remittance revenue generated from digital channels is estimated to be less than 6% of the total but is progressively growing. However, a predominant endto-enddigital scenario is still some time off.
The growth of the digital remittance market is driven by rise in digitization & automation, reduced remittance cost & transfer time, and growth in adoption of banking & financial services. Furthermore, regulatory initiatives that encourage all financial institutions to become more transparent and nurture richer ecosystems of data & partners supplement the market growth. However, lack of awareness & guidance is a major factor that restrains people from opting for digital remittance transfer mode. Increase in access of financial services such as basic bank accounts among remittance recipients and rise in internet usage offer growth opportunities for the market.
In 2020, the global Mobile Remittance Service market size was xx million US$ and it is expected to reach xx million US$ by the end of 2027, with a CAGR of xx% during 2021-2027.

This report focuses on the global Mobile Remittance Service status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Mobile Remittance Service development in United States, Europe and China.

The key players covered in this study
Mobetize Corp.
Remitly
Regalii
peerTransfer
Currency Cloud
Azimo
WorldRemit
TransferWise
Ripple
MoneyGram

Market segment by Type, the product can be split into
Banks
Money Transfer Operators
Others

Market segment by Application, split into
Migrant Labor Workforce
Low-income Households
Small Businesses
Others

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Mobile Remittance Service status, future forecast, growth opportunity, key market and key players.
To present the Mobile Remittance Service development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Mobile Remittance Service are as follows:
History Year: 2016-2020
Base Year: 2020
Estimated Year: 2021
Forecast Year 2021 to 2027
For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Table of Contents

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Mobile Remittance Service Market Size Growth Rate by Type ( 2016-2027)
1.4.2 Banks
1.4.3 Money Transfer Operators
1.4.4 Others
1.5 Market by Application
1.5.1 Global Mobile Remittance Service Market Share by Application ( 2016-2027)
1.5.2 Migrant Labor Workforce
1.5.3 Low-income Households
1.5.4 Small Businesses
1.5.5 Others
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Mobile Remittance Service Market Size
2.2 Mobile Remittance Service Growth Trends by Regions
2.2.1 Mobile Remittance Service Market Size by Regions ( 2016-2027)
2.2.2 Mobile Remittance Service Market Share by Regions ( 2016-2021)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities

3 Market Share by Key Players
3.1 Mobile Remittance Service Market Size by Manufacturers
3.1.1 Global Mobile Remittance Service Revenue by Manufacturers ( 2016-2021)
3.1.2 Global Mobile Remittance Service Revenue Market Share by Manufacturers ( 2016-2021)
3.1.3 Global Mobile Remittance Service Market Concentration Ratio (CR5 and HHI)
3.2 Mobile Remittance Service Key Players Head office and Area Served
3.3 Key Players Mobile Remittance Service Product/Solution/Service
3.4 Date of Enter into Mobile Remittance Service Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type and Application
4.1 Global Mobile Remittance Service Market Size by Type ( 2016-2021)
4.2 Global Mobile Remittance Service Market Size by Application ( 2016-2021)

5 United States
5.1 United States Mobile Remittance Service Market Size ( 2016-2021)
5.2 Mobile Remittance Service Key Players in United States
5.3 United States Mobile Remittance Service Market Size by Type
5.4 United States Mobile Remittance Service Market Size by Application

6 Europe
6.1 Europe Mobile Remittance Service Market Size ( 2016-2021)
6.2 Mobile Remittance Service Key Players in Europe
6.3 Europe Mobile Remittance Service Market Size by Type
6.4 Europe Mobile Remittance Service Market Size by Application

7 China
7.1 China Mobile Remittance Service Market Size ( 2016-2021)
7.2 Mobile Remittance Service Key Players in China
7.3 China Mobile Remittance Service Market Size by Type
7.4 China Mobile Remittance Service Market Size by Application

8 Japan
8.1 Japan Mobile Remittance Service Market Size ( 2016-2021)
8.2 Mobile Remittance Service Key Players in Japan
8.3 Japan Mobile Remittance Service Market Size by Type
8.4 Japan Mobile Remittance Service Market Size by Application

9 Southeast Asia
9.1 Southeast Asia Mobile Remittance Service Market Size ( 2016-2021)
9.2 Mobile Remittance Service Key Players in Southeast Asia
9.3 Southeast Asia Mobile Remittance Service Market Size by Type
9.4 Southeast Asia Mobile Remittance Service Market Size by Application

10 India
10.1 India Mobile Remittance Service Market Size ( 2016-2021)
10.2 Mobile Remittance Service Key Players in India
10.3 India Mobile Remittance Service Market Size by Type
10.4 India Mobile Remittance Service Market Size by Application

11 Central & South America
11.1 Central & South America Mobile Remittance Service Market Size ( 2016-2021)
11.2 Mobile Remittance Service Key Players in Central & South America
11.3 Central & South America Mobile Remittance Service Market Size by Type
11.4 Central & South America Mobile Remittance Service Market Size by Application

12 International Players Profiles
12.1 Mobetize Corp.
12.1.1 Mobetize Corp. Company Details
12.1.2 Company Description and Business Overview
12.1.3 Mobile Remittance Service Introduction
12.1.4 Mobetize Corp. Revenue in Mobile Remittance Service Business ( 2016-2021)
12.1.5 Mobetize Corp. Recent Development
12.2 Remitly
12.2.1 Remitly Company Details
12.2.2 Company Description and Business Overview
12.2.3 Mobile Remittance Service Introduction
12.2.4 Remitly Revenue in Mobile Remittance Service Business ( 2016-2021)
12.2.5 Remitly Recent Development
12.3 Regalii
12.3.1 Regalii Company Details
12.3.2 Company Description and Business Overview
12.3.3 Mobile Remittance Service Introduction
12.3.4 Regalii Revenue in Mobile Remittance Service Business ( 2016-2021)
12.3.5 Regalii Recent Development
12.4 peerTransfer
12.4.1 peerTransfer Company Details
12.4.2 Company Description and Business Overview
12.4.3 Mobile Remittance Service Introduction
12.4.4 peerTransfer Revenue in Mobile Remittance Service Business ( 2016-2021)
12.4.5 peerTransfer Recent Development
12.5 Currency Cloud
12.5.1 Currency Cloud Company Details
12.5.2 Company Description and Business Overview
12.5.3 Mobile Remittance Service Introduction
12.5.4 Currency Cloud Revenue in Mobile Remittance Service Business ( 2016-2021)
12.5.5 Currency Cloud Recent Development
12.6 Azimo
12.6.1 Azimo Company Details
12.6.2 Company Description and Business Overview
12.6.3 Mobile Remittance Service Introduction
12.6.4 Azimo Revenue in Mobile Remittance Service Business ( 2016-2021)
12.6.5 Azimo Recent Development
12.7 WorldRemit
12.7.1 WorldRemit Company Details
12.7.2 Company Description and Business Overview
12.7.3 Mobile Remittance Service Introduction
12.7.4 WorldRemit Revenue in Mobile Remittance Service Business ( 2016-2021)
12.7.5 WorldRemit Recent Development
12.8 TransferWise
12.8.1 TransferWise Company Details
12.8.2 Company Description and Business Overview
12.8.3 Mobile Remittance Service Introduction
12.8.4 TransferWise Revenue in Mobile Remittance Service Business ( 2016-2021)
12.8.5 TransferWise Recent Development
12.9 Ripple
12.9.1 Ripple Company Details
12.9.2 Company Description and Business Overview
12.9.3 Mobile Remittance Service Introduction
12.9.4 Ripple Revenue in Mobile Remittance Service Business ( 2016-2021)
12.9.5 Ripple Recent Development
12.10 MoneyGram
12.10.1 MoneyGram Company Details
12.10.2 Company Description and Business Overview
12.10.3 Mobile Remittance Service Introduction
12.10.4 MoneyGram Revenue in Mobile Remittance Service Business ( 2016-2021)
12.10.5 MoneyGram Recent Development

13 Market Forecast 2021-2027
13.1 Market Size Forecast by Regions
13.2 United States
13.3 Europe
13.4 China
13.5 Japan
13.6 Southeast Asia
13.7 India
13.8 Central & South America
13.9 Market Size Forecast by Product ( 2021-2027)
13.10 Market Size Forecast by Application ( 2021-2027)

14 Analyst's Viewpoints/Conclusions

15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Disclaimer
15.3 Author Details

List of Tables and Figures

Table Mobile Remittance Service Key Market Segments
Table Key Players Mobile Remittance Service Covered
Table Global Mobile Remittance Service Market Size Growth Rate by Type 2016-2027 (Million US$)
Figure Global Mobile Remittance Service Market Size Market Share by Type 2016-2027
Figure Banks Figures
Table Key Players of Banks
Figure Money Transfer Operators Figures
Table Key Players of Money Transfer Operators
Figure Others Figures
Table Key Players of Others
Table Global Mobile Remittance Service Market Size Growth by Application 2016-2027 (Million US$)
Figure Migrant Labor Workforce Case Studies
Figure Low-income Households Case Studies
Figure Small Businesses Case Studies
Figure Others Case Studies
Figure Mobile Remittance Service Report Years Considered
Table Global Mobile Remittance Service Market Size 2016-2027 (Million US$)
Figure Global Mobile Remittance Service Market Size and Growth Rate 2016-2027 (Million US$)
Table Global Mobile Remittance Service Market Size by Regions 2016-2027 (Million US$)
Table Global Mobile Remittance Service Market Size by Regions 2016-2021 (Million US$)
Table Global Mobile Remittance Service Market Share by Regions 2016-2021
Figure Global Mobile Remittance Service Market Share by Regions 2016-2021
Figure Global Mobile Remittance Service Market Share by Regions 2021
Table Market Top Trends
Table Global Mobile Remittance Service Revenue by Manufacturers ( 2016-2021) (Million US$)
Table Global Mobile Remittance Service Market Share by Manufacturers ( 2016-2021)
Figure Global Mobile Remittance Service Market Share by Manufacturers in 2020
Table Global Mobile Remittance Service Manufacturers Market Concentration Ratio (CR5 and HHI)
Table Key Players Head office and Area Served
Table Key Players Mobile Remittance Service Product/Solution/Service
Table Date of Enter into Mobile Remittance Service Market
Table Mergers & Acquisitions, Expansion Plans
Table Global Mobile Remittance Service Market Size by Type ( 2016-2021) (Million US$)
Table Global Mobile Remittance Service Market Size Share by Type ( 2016-2021)
Figure Global Mobile Remittance Service Market Size Market Share by Type ( 2016-2021)
Table Global Mobile Remittance Service Market Size by Application ( 2016-2021) (Million US$)
Table Global Mobile Remittance Service Market Size Share by Application ( 2016-2021)
Figure Global Mobile Remittance Service Market Size Market Share by Application ( 2016-2021)
Figure Global Mobile Remittance Service Revenue Market Share by Application in 2020
Figure United States Mobile Remittance Service Market Size 2016-2021 (Million US$)
Table United States Key Players Mobile Remittance Service Revenue ( 2020-2021) (Million US$)
Table United States Key Players Mobile Remittance Service Market Share ( 2020-2021)
Table United States Mobile Remittance Service Market Size by Type ( 2016-2021) (Million US$)
Table United States Mobile Remittance Service Market Share by Type ( 2016-2021)
Table United States Mobile Remittance Service Market Size by Application ( 2016-2021) (Million US$)
Table United States Mobile Remittance Service Market Share by Application ( 2016-2021)
Figure Europe Mobile Remittance Service Market Size 2016-2021 (Million US$)
Table Europe Key Players Mobile Remittance Service Revenue ( 2020-2021) (Million US$)
Table Europe Key Players Mobile Remittance Service Market Share ( 2020-2021)
Table Europe Mobile Remittance Service Market Size by Type ( 2016-2021) (Million US$)
Table Europe Mobile Remittance Service Market Share by Type ( 2016-2021)
Table Europe Mobile Remittance Service Market Size by Application ( 2016-2021) (Million US$)
Table Europe Mobile Remittance Service Market Share by Application ( 2016-2021)
Figure China Mobile Remittance Service Market Size 2016-2021 (Million US$)
Table China Key Players Mobile Remittance Service Revenue ( 2020-2021) (Million US$)
Table China Key Players Mobile Remittance Service Market Share ( 2020-2021)
Table China Mobile Remittance Service Market Size by Type (2014- 20209) (Million US$)
Table China Mobile Remittance Service Market Share by Type ( 2016-2021)
Table China Mobile Remittance Service Market Size by Application ( 2016-2021) (Million US$)
Table China Mobile Remittance Service Market Share by Application ( 2016-2021)
Figure Japan Mobile Remittance Service Market Size 2016-2021 (Million US$)
Table Japan Key Players Mobile Remittance Service Revenue ( 2020-2021) (Million US$)
Table Japan Key Players Mobile Remittance Service Market Share ( 2020-2021)
Table Japan Mobile Remittance Service Market Size by Type ( 2016-2021) (Million US$)
Table Japan Mobile Remittance Service Market Share by Type ( 2016-2021)
Table Japan Mobile Remittance Service Market Size by Application ( 2016-2021) (Million US$)
Table Japan Mobile Remittance Service Market Share by Application ( 2016-2021)
Figure Southeast Asia Mobile Remittance Service Market Size 2016-2021 (Million US$)
Table Southeast Asia Key Players Mobile Remittance Service Revenue ( 2020-2021) (Million US$)
Table Southeast Asia Key Players Mobile Remittance Service Market Share ( 2020-2021)
Table Southeast Asia Mobile Remittance Service Market Size by Type ( 2016-2021) (Million US$)
Table Southeast Asia Mobile Remittance Service Market Share by Type ( 2016-2021)
Table Southeast Asia Mobile Remittance Service Market Size by Application ( 2016-2021) (Million US$)
Table Southeast Asia Mobile Remittance Service Market Share by Application ( 2016-2021)
Figure India Mobile Remittance Service Market Size 2016-2021 (Million US$)
Table India Key Players Mobile Remittance Service Revenue ( 2020-2021) (Million US$)
Table India Key Players Mobile Remittance Service Market Share ( 2020-2021)
Table India Mobile Remittance Service Market Size by Type ( 2016-2021) (Million US$)
Table India Mobile Remittance Service Market Share by Type ( 2016-2021)
Table India Mobile Remittance Service Market Size by Application ( 2016-2021) (Million US$)
Table India Mobile Remittance Service Market Share by Application ( 2016-2021)
Figure Central & South America Mobile Remittance Service Market Size 2016-2021 (Million US$)
Table Central & South America Key Players Mobile Remittance Service Revenue ( 2020-2021) (Million US$)
Table Central & South America Key Players Mobile Remittance Service Market Share ( 2020-2021)
Table Central & South America Mobile Remittance Service Market Size by Type ( 2016-2021) (Million US$)
Table Central & South America Mobile Remittance Service Market Share by Type ( 2016-2021)
Table Central & South America Mobile Remittance Service Market Size by Application ( 2016-2021) (Million US$)
Table Central & South America Mobile Remittance Service Market Share by Application ( 2016-2021)
Table Mobetize Corp. Company Details
Table Mobetize Corp. Revenue in Mobile Remittance Service Business ( 2016-2021) (Million US$)
Figure Mobetize Corp. Revenue Growth Rate in Mobile Remittance Service Business ( 2016-2021)
Table Mobetize Corp. Recent Development
Table Remitly Company Details
Table Remitly Revenue in Mobile Remittance Service Business ( 2016-2021)(Million US$)
Figure Remitly Revenue Growth Rate in Mobile Remittance Service Business ( 2016-2021)
Table Remitly Recent Development
Table Regalii Company Details
Table Regalii Revenue in Mobile Remittance Service Business ( 2016-2021)(Million US$)
Figure Regalii Revenue Growth Rate in Mobile Remittance Service Business ( 2016-2021)
Table Regalii Recent Development
Table peerTransfer Company Details
Table peerTransfer Revenue in Mobile Remittance Service Business ( 2016-2021)(Million US$)
Figure peerTransfer Revenue Growth Rate in Mobile Remittance Service Business ( 2016-2021)
Table peerTransfer Recent Development
Table Currency Cloud Company Details
Table Currency Cloud Revenue in Mobile Remittance Service Business ( 2016-2021)(Million US$)
Figure Currency Cloud Revenue Growth Rate in Mobile Remittance Service Business ( 2016-2021)
Table Currency Cloud Recent Development
Table Azimo Company Details
Table Azimo Revenue in Mobile Remittance Service Business ( 2016-2021)(Million US$)
Figure Azimo Revenue Growth Rate in Mobile Remittance Service Business ( 2016-2021)
Table Azimo Recent Development
Table WorldRemit Company Details
Table WorldRemit Revenue in Mobile Remittance Service Business ( 2016-2021)(Million US$)
Figure WorldRemit Revenue Growth Rate in Mobile Remittance Service Business ( 2016-2021)
Table WorldRemit Recent Development
Table TransferWise Company Details
Table TransferWise Revenue in Mobile Remittance Service Business ( 2016-2021)(Million US$)
Figure TransferWise Revenue Growth Rate in Mobile Remittance Service Business ( 2016-2021)
Table TransferWise Recent Development
Table Ripple Company Details
Table Ripple Revenue in Mobile Remittance Service Business ( 2016-2021)(Million US$)
Figure Ripple Revenue Growth Rate in Mobile Remittance Service Business ( 2016-2021)
Table Ripple Recent Development
Table MoneyGram Company Details
Table MoneyGram Revenue in Mobile Remittance Service Business ( 2016-2021)(Million US$)
Figure MoneyGram Revenue Growth Rate in Mobile Remittance Service Business ( 2016-2021)
Table MoneyGram Recent Development
Table Global Mobile Remittance Service Market Size by Regions (Million US$) 2021-2027
Figure Global Mobile Remittance Service Market Size Share by Regions ( 2021-2027)
Figure Global Mobile Remittance Service Market Size Share by Regions in 2027
Figure United States Mobile Remittance Service Market Size Forecast ( 2021-2027)(Million USD)
Figure Europe Mobile Remittance Service Market Size Forecast ( 2021-2027)(Million USD)
Figure China Mobile Remittance Service Market Size Forecast ( 2021-2027)(Million USD)
Figure Japan Mobile Remittance Service Market Size Forecast ( 2021-2027)(Million USD)
Figure Southeast Asia Mobile Remittance Service Market Size Forecast ( 2021-2027)(Million USD)
Figure India Mobile Remittance Service Market Size Forecast ( 2021-2027)(Million USD)
Figure Central & South America Mobile Remittance Service Market Size Forecast ( 2021-2027)(Million USD)
Table Global Mobile Remittance Service Market Size by Product ( 2021-2027) (Million US$)
Figure Global Mobile Remittance Service Market Size by Product ( 2021-2027)
Figure Global Mobile Remittance Service Market Size by Product in 2027
Table Global Mobile Remittance Service Market Size by Application ( 2021-2027) (Million US$)
Figure Global Mobile Remittance Service Market Size by Application ( 2021-2027)
Figure Global Mobile Remittance Service Market Size by Application in 2027
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources

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