Digital transformation is underway for the global remittance market, which we estimate will be worth over $774 billion in 2022. Players are facing increased competition from digital challengers—and those that fail to adapt risk seeing their market share being undermined.
3 KEY QUESTIONS THIS REPORT WILL ANSWER
WHAT’S IN THIS REPORT? An overview of the global remittance space and how it is evolving. We look at market dynamics, emerging technologies, the changing competitive landscape, and how all these factors affect revenues for money transfer players. We also examine the large remittance markets in the US, India, and Mexico.
KEY STAT: We expect global remittance inflows to grow by 5.9% year over year (YoY) in 2022 and 4.7% in 2023, reaching $810.79 billion.
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