Global Mobile Remittance Service Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023


Jan, 2019 | Report ID: 29339 | 130 | 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. 


Scope of the Report:

This report studies the Mobile Remittance Service market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Mobile Remittance Service market by product type and applications/end industries.
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.
The global Mobile Remittance Service market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Mobile Remittance Service.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.


Market Segment by Companies, this report covers

Mobetize Corp.
Remitly
Regalii
peerTransfer
Currency Cloud
Azimo
WorldRemit
TransferWise
Ripple
MoneyGram


Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)


Market Segment by Type, covers

Banks
Money Transfer Operators
Others


Market Segment by Applications, can be divided into

Migrant Labor Workforce
Low-income Households
Small Businesses
Others

Frequently Asked Questions

The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.

Market is segmented on the basis:

  • By Type
  • By Application
  • By Region
  • By Country
  • By Manufacturer

The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.

The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.

Table of Contents



1 Mobile Remittance Service Market Overview

1.1 Product Overview and Scope of Mobile Remittance Service

1.2 Classification of Mobile Remittance Service by Types

1.2.1 Global Mobile Remittance Service Revenue Comparison by Types (2017-2023)

1.2.2 Global Mobile Remittance Service Revenue Market Share by Types in 2017

1.2.3 Banks

1.2.4 Money Transfer Operators

1.2.5 Others

1.3 Global Mobile Remittance Service Market by Application

1.3.1 Global Mobile Remittance Service Market Size and Market Share Comparison by Applications (2013-2023)

1.3.2 Migrant Labor Workforce

1.3.3 Low-income Households

1.3.4 Small Businesses

1.3.5 Others

1.4 Global Mobile Remittance Service Market by Regions

1.4.1 Global Mobile Remittance Service Market Size (Million USD) Comparison by Regions (2013-2023)

1.4.1 North America (USA, Canada and Mexico) Mobile Remittance Service Status and Prospect (2013-2023)

1.4.2 Europe (Germany, France, UK, Russia and Italy) Mobile Remittance Service Status and Prospect (2013-2023)

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Mobile Remittance Service Status and Prospect (2013-2023)

1.4.4 South America (Brazil, Argentina, Colombia) Mobile Remittance Service Status and Prospect (2013-2023)

1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Mobile Remittance Service Status and Prospect (2013-2023)

1.5 Global Market Size of Mobile Remittance Service (2013-2023)

2 Manufacturers Profiles

2.1 Mobetize Corp.

2.1.1 Business Overview

2.1.2 Mobile Remittance Service Type and Applications

2.1.2.1 Product A

2.1.2.2 Product B

2.1.3 Mobetize Corp. Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

2.2 Remitly

2.2.1 Business Overview

2.2.2 Mobile Remittance Service Type and Applications

2.2.2.1 Product A

2.2.2.2 Product B

2.2.3 Remitly Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

2.3 Regalii

2.3.1 Business Overview

2.3.2 Mobile Remittance Service Type and Applications

2.3.2.1 Product A

2.3.2.2 Product B

2.3.3 Regalii Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

2.4 peerTransfer

2.4.1 Business Overview

2.4.2 Mobile Remittance Service Type and Applications

2.4.2.1 Product A

2.4.2.2 Product B

2.4.3 peerTransfer Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

2.5 Currency Cloud

2.5.1 Business Overview

2.5.2 Mobile Remittance Service Type and Applications

2.5.2.1 Product A

2.5.2.2 Product B

2.5.3 Currency Cloud Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

2.6 Azimo

2.6.1 Business Overview

2.6.2 Mobile Remittance Service Type and Applications

2.6.2.1 Product A

2.6.2.2 Product B

2.6.3 Azimo Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

2.7 WorldRemit

2.7.1 Business Overview

2.7.2 Mobile Remittance Service Type and Applications

2.7.2.1 Product A

2.7.2.2 Product B

2.7.3 WorldRemit Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

2.8 TransferWise

2.8.1 Business Overview

2.8.2 Mobile Remittance Service Type and Applications

2.8.2.1 Product A

2.8.2.2 Product B

2.8.3 TransferWise Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

2.9 Ripple

2.9.1 Business Overview

2.9.2 Mobile Remittance Service Type and Applications

2.9.2.1 Product A

2.9.2.2 Product B

2.9.3 Ripple Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

2.10 MoneyGram

2.10.1 Business Overview

2.10.2 Mobile Remittance Service Type and Applications

2.10.2.1 Product A

2.10.2.2 Product B

2.10.3 MoneyGram Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

3 Global Mobile Remittance Service Market Competition, by Players

3.1 Global Mobile Remittance Service Revenue and Share by Players (2013-2018)

3.2 Market Concentration Rate

3.2.1 Top 5 Mobile Remittance Service Players Market Share

3.2.2 Top 10 Mobile Remittance Service Players Market Share

3.3 Market Competition Trend

4 Global Mobile Remittance Service Market Size by Regions

4.1 Global Mobile Remittance Service Revenue and Market Share by Regions

4.2 North America Mobile Remittance Service Revenue and Growth Rate (2013-2018)

4.3 Europe Mobile Remittance Service Revenue and Growth Rate (2013-2018)

4.4 Asia-Pacific Mobile Remittance Service Revenue and Growth Rate (2013-2018)

4.5 South America Mobile Remittance Service Revenue and Growth Rate (2013-2018)

4.6 Middle East and Africa Mobile Remittance Service Revenue and Growth Rate (2013-2018)

5 North America Mobile Remittance Service Revenue by Countries

5.1 North America Mobile Remittance Service Revenue by Countries (2013-2018)

5.2 USA Mobile Remittance Service Revenue and Growth Rate (2013-2018)

5.3 Canada Mobile Remittance Service Revenue and Growth Rate (2013-2018)

5.4 Mexico Mobile Remittance Service Revenue and Growth Rate (2013-2018)

6 Europe Mobile Remittance Service Revenue by Countries

6.1 Europe Mobile Remittance Service Revenue by Countries (2013-2018)

6.2 Germany Mobile Remittance Service Revenue and Growth Rate (2013-2018)

6.3 UK Mobile Remittance Service Revenue and Growth Rate (2013-2018)

6.4 France Mobile Remittance Service Revenue and Growth Rate (2013-2018)

6.5 Russia Mobile Remittance Service Revenue and Growth Rate (2013-2018)

6.6 Italy Mobile Remittance Service Revenue and Growth Rate (2013-2018)

7 Asia-Pacific Mobile Remittance Service Revenue by Countries

7.1 Asia-Pacific Mobile Remittance Service Revenue by Countries (2013-2018)

7.2 China Mobile Remittance Service Revenue and Growth Rate (2013-2018)

7.3 Japan Mobile Remittance Service Revenue and Growth Rate (2013-2018)

7.4 Korea Mobile Remittance Service Revenue and Growth Rate (2013-2018)

7.5 India Mobile Remittance Service Revenue and Growth Rate (2013-2018)

7.6 Southeast Asia Mobile Remittance Service Revenue and Growth Rate (2013-2018)

8 South America Mobile Remittance Service Revenue by Countries

8.1 South America Mobile Remittance Service Revenue by Countries (2013-2018)

8.2 Brazil Mobile Remittance Service Revenue and Growth Rate (2013-2018)

8.3 Argentina Mobile Remittance Service Revenue and Growth Rate (2013-2018)

8.4 Colombia Mobile Remittance Service Revenue and Growth Rate (2013-2018)

9 Middle East and Africa Revenue Mobile Remittance Service by Countries

9.1 Middle East and Africa Mobile Remittance Service Revenue by Countries (2013-2018)

9.2 Saudi Arabia Mobile Remittance Service Revenue and Growth Rate (2013-2018)

9.3 UAE Mobile Remittance Service Revenue and Growth Rate (2013-2018)

9.4 Egypt Mobile Remittance Service Revenue and Growth Rate (2013-2018)

9.5 Nigeria Mobile Remittance Service Revenue and Growth Rate (2013-2018)

9.6 South Africa Mobile Remittance Service Revenue and Growth Rate (2013-2018)

10 Global Mobile Remittance Service Market Segment by Type

10.1 Global Mobile Remittance Service Revenue and Market Share by Type (2013-2018)

10.2 Global Mobile Remittance Service Market Forecast by Type (2018-2023)

10.3 Banks Revenue Growth Rate (2013-2023)

10.4 Money Transfer Operators Revenue Growth Rate (2013-2023)

10.5 Others Revenue Growth Rate (2013-2023)

11 Global Mobile Remittance Service Market Segment by Application

11.1 Global Mobile Remittance Service Revenue Market Share by Application (2013-2018)

11.2 Mobile Remittance Service Market Forecast by Application (2018-2023)

11.3 Migrant Labor Workforce Revenue Growth (2013-2018)

11.4 Low-income Households Revenue Growth (2013-2018)

11.5 Small Businesses Revenue Growth (2013-2018)

11.6 Others Revenue Growth (2013-2018)

12 Global Mobile Remittance Service Market Size Forecast (2018-2023)

12.1 Global Mobile Remittance Service Market Size Forecast (2018-2023)

12.2 Global Mobile Remittance Service Market Forecast by Regions (2018-2023)

12.3 North America Mobile Remittance Service Revenue Market Forecast (2018-2023)

12.4 Europe Mobile Remittance Service Revenue Market Forecast (2018-2023)

12.5 Asia-Pacific Mobile Remittance Service Revenue Market Forecast (2018-2023)

12.6 South America Mobile Remittance Service Revenue Market Forecast (2018-2023)

12.7 Middle East and Africa Mobile Remittance Service Revenue Market Forecast (2018-2023)

13 Research Findings and Conclusion

14 Appendix

14.1 Methodology

14.2 Data Source

List of Tables and Figures



Figure Mobile Remittance Service Picture

Table Product Specifications of Mobile Remittance Service

Table Global Mobile Remittance Service and Revenue (Million USD) Market Split by Product Type

Figure Global Mobile Remittance Service Revenue Market Share by Types in 2017

Figure Banks Picture

Figure Money Transfer Operators Picture

Figure Others Picture

Table Global Mobile Remittance Service Revenue (Million USD) by Application (2013-2023)

Figure Mobile Remittance Service Revenue Market Share by Applications in 2017

Figure Migrant Labor Workforce Picture

Figure Low-income Households Picture

Figure Small Businesses Picture

Figure Others Picture

Table Global Market Mobile Remittance Service Revenue (Million USD) Comparison by Regions 2013-2023

Figure North America Mobile Remittance Service Revenue (Million USD) and Growth Rate (2013-2023)

Figure Europe Mobile Remittance Service Revenue (Million USD) and Growth Rate (2013-2023)

Figure Asia-Pacific Mobile Remittance Service Revenue (Million USD) and Growth Rate (2013-2023)

Figure South America Mobile Remittance Service Revenue (Million USD) and Growth Rate (2013-2023)

Figure Middle East and Africa Mobile Remittance Service Revenue (Million USD) and Growth Rate (2013-2023)

Figure Global Mobile Remittance Service Revenue (Million USD) and Growth Rate (2013-2023)

Table Mobetize Corp. Basic Information, Manufacturing Base and Competitors

Table Mobetize Corp. Mobile Remittance Service Type and Applications

Table Mobetize Corp. Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

Table Remitly Basic Information, Manufacturing Base and Competitors

Table Remitly Mobile Remittance Service Type and Applications

Table Remitly Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

Table Regalii Basic Information, Manufacturing Base and Competitors

Table Regalii Mobile Remittance Service Type and Applications

Table Regalii Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

Table peerTransfer Basic Information, Manufacturing Base and Competitors

Table peerTransfer Mobile Remittance Service Type and Applications

Table peerTransfer Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

Table Currency Cloud Basic Information, Manufacturing Base and Competitors

Table Currency Cloud Mobile Remittance Service Type and Applications

Table Currency Cloud Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

Table Azimo Basic Information, Manufacturing Base and Competitors

Table Azimo Mobile Remittance Service Type and Applications

Table Azimo Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

Table WorldRemit Basic Information, Manufacturing Base and Competitors

Table WorldRemit Mobile Remittance Service Type and Applications

Table WorldRemit Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

Table TransferWise Basic Information, Manufacturing Base and Competitors

Table TransferWise Mobile Remittance Service Type and Applications

Table TransferWise Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

Table Ripple Basic Information, Manufacturing Base and Competitors

Table Ripple Mobile Remittance Service Type and Applications

Table Ripple Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

Table MoneyGram Basic Information, Manufacturing Base and Competitors

Table MoneyGram Mobile Remittance Service Type and Applications

Table MoneyGram Mobile Remittance Service Revenue, Gross Margin and Market Share (2016-2017)

Table Global Mobile Remittance Service Revenue (Million USD) by Players (2013-2018)

Table Global Mobile Remittance Service Revenue Share by Players (2013-2018)

Figure Global Mobile Remittance Service Revenue Share by Players in 2016

Figure Global Mobile Remittance Service Revenue Share by Players in 2017

Figure Global Top 5 Players Mobile Remittance Service Revenue Market Share in 2017

Figure Global Top 10 Players Mobile Remittance Service Revenue Market Share in 2017

Figure Global Mobile Remittance Service Revenue (Million USD) and Growth Rate (%) (2013-2018)

Table Global Mobile Remittance Service Revenue (Million USD) by Regions (2013-2018)

Table Global Mobile Remittance Service Revenue Market Share by Regions (2013-2018)

Figure Global Mobile Remittance Service Revenue Market Share by Regions (2013-2018)

Figure Global Mobile Remittance Service Revenue Market Share by Regions in 2017

Figure North America Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure Europe Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure Asia-Pacific Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure South America Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure Middle East and Africa Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Table North America Mobile Remittance Service Revenue by Countries (2013-2018)

Table North America Mobile Remittance Service Revenue Market Share by Countries (2013-2018)

Figure North America Mobile Remittance Service Revenue Market Share by Countries (2013-2018)

Figure North America Mobile Remittance Service Revenue Market Share by Countries in 2017

Figure USA Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure Canada Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure Mexico Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Table Europe Mobile Remittance Service Revenue (Million USD) by Countries (2013-2018)

Figure Europe Mobile Remittance Service Revenue Market Share by Countries (2013-2018)

Figure Europe Mobile Remittance Service Revenue Market Share by Countries in 2017

Figure Germany Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure UK Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure France Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure Russia Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure Italy Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Table Asia-Pacific Mobile Remittance Service Revenue (Million USD) by Countries (2013-2018)

Figure Asia-Pacific Mobile Remittance Service Revenue Market Share by Countries (2013-2018)

Figure Asia-Pacific Mobile Remittance Service Revenue Market Share by Countries in 2017

Figure China Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure Japan Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure Korea Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure India Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure Southeast Asia Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Table South America Mobile Remittance Service Revenue by Countries (2013-2018)

Table South America Mobile Remittance Service Revenue Market Share by Countries (2013-2018)

Figure South America Mobile Remittance Service Revenue Market Share by Countries (2013-2018)

Figure South America Mobile Remittance Service Revenue Market Share by Countries in 2017

Figure Brazil Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure Argentina Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure Colombia Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Table Middle East and Africa Mobile Remittance Service Revenue (Million USD) by Countries (2013-2018)

Table Middle East and Africa Mobile Remittance Service Revenue Market Share by Countries (2013-2018)

Figure Middle East and Africa Mobile Remittance Service Revenue Market Share by Countries (2013-2018)

Figure Middle East and Africa Mobile Remittance Service Revenue Market Share by Countries in 2017

Figure Saudi Arabia Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure UAE Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure Egypt Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure Nigeria Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Figure South Africa Mobile Remittance Service Revenue and Growth Rate (2013-2018)

Table Global Mobile Remittance Service Revenue (Million USD) by Type (2013-2018)

Table Global Mobile Remittance Service Revenue Share by Type (2013-2018)

Figure Global Mobile Remittance Service Revenue Share by Type (2013-2018)

Figure Global Mobile Remittance Service Revenue Share by Type in 2017

Table Global Mobile Remittance Service Revenue Forecast by Type (2018-2023)

Figure Global Mobile Remittance Service Market Share Forecast by Type (2018-2023)

Figure Global Banks Revenue Growth Rate (2013-2018)

Figure Global Money Transfer Operators Revenue Growth Rate (2013-2018)

Figure Global Others Revenue Growth Rate (2013-2018)

Table Global Mobile Remittance Service Revenue by Application (2013-2018)

Table Global Mobile Remittance Service Revenue Share by Application (2013-2018)

Figure Global Mobile Remittance Service Revenue Share by Application (2013-2018)

Figure Global Mobile Remittance Service Revenue Share by Application in 2017

Table Global Mobile Remittance Service Revenue Forecast by Application (2018-2023)

Figure Global Mobile Remittance Service Market Share Forecast by Application (2018-2023)

Figure Global Migrant Labor Workforce Revenue Growth Rate (2013-2018)

Figure Global Low-income Households Revenue Growth Rate (2013-2018)

Figure Global Small Businesses Revenue Growth Rate (2013-2018)

Figure Global Others Revenue Growth Rate (2013-2018)

Figure Global Mobile Remittance Service Revenue (Million USD) and Growth Rate Forecast (2018 -2023)

Table Global Mobile Remittance Service Revenue (Million USD) Forecast by Regions (2018-2023)

Figure Global Mobile Remittance Service Revenue Market Share Forecast by Regions (2018-2023)

Figure North America Mobile Remittance Service Revenue Market Forecast (2018-2023)

Figure Europe Mobile Remittance Service Revenue Market Forecast (2018-2023)

Figure Asia-Pacific Mobile Remittance Service Revenue Market Forecast (2018-2023)

Figure South America Mobile Remittance Service Revenue Market Forecast (2018-2023)

Figure Middle East and Africa Mobile Remittance Service Revenue Market Forecast (2018-2023)

Sample Request is not available