Europe Digital Remittance Market Size & Outlook, 2024-2030

The digital remittance market in Europe is expected to reach a projected revenue of US$ 15,641.6 million by 2030. A compound annual growth rate of 16.2% is expected of Europe digital remittance market from 2025 to 2030.
Revenue, 2024 (US$M)
$6,558.1
Forecast, 2030 (US$M)
$15,641.6
CAGR, 2025 - 2030
16.2%
Report Coverage
Europe

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

Europe digital remittance market, 2018-2030 (US$M)

Europe digital remittance market, 2018-2030 (US$M)

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

Europe digital remittance market highlights

  • The Europe digital remittance market generated a revenue of USD 6,558.1 million in 2024.
  • The market is expected to grow at a CAGR of 16.2% from 2025 to 2030.
  • In terms of segment, outward digital remittance was the largest revenue generating type in 2024.
  • Inward Digital Remittance is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.

Europe data book summary

Market revenue in 2024USD 6,558.1 million
Market revenue in 2030USD 15,641.6 million
Growth rate16.2% (CAGR from 2025 to 2030)
Largest segmentOutward digital remittance
Fastest growing segmentInward Digital Remittance
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInward Digital Remittance, Outward Digital Remittance
Key market players worldwideSony Group Corp, PayPal Holdings Inc, Wise PLC Class A, The Western Union Co

Other key industry trends

  • In terms of revenue, Europe region accounted for 26.8% of the global digital remittance market in 2024.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 16,233.0 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Digital Remittance Market Companies

Name Profile # Employees HQ Website
TransferGo View profile 251-500 London, England, United Kingdom, Europe http://www.transfergo.com
InstaReM View profile 251-500 Singapore, Central Region, Singapore, Asia https://www.instarem.com
Digital Wallet Corporation View profile 51-100 Tokyo, Tokyo, Japan, Asia https://digitalwallet.global
Azimo View profile 51-100 London, England, United Kingdom, Europe http://azimo.com
MoneyGram International View profile 1001-5000 Dallas, Texas, United States, North America http://www.moneygram.com/intl/
World Remit View profile 1001-5000 London, England, United Kingdom, Europe https://worldremit.com
The Western Union Co View profile 9000 7001 East Belleview Avenue, Denver, CO, United States, 80237 https://www.westernunion.com
Wise PLC Class A View profile 5157 56 Shoreditch High Street, 6th Floor, Tea Building, London, United Kingdom, E1 6JJ https://www.wise.com
PayPal Holdings Inc View profile 27200 2211 North First Street, San Jose, CA, United States, 95131 https://www.paypal.com
Sony Group Corp View profile 113000 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 https://www.sony.com

Europe digital remittance market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to digital remittance market will help companies and investors design strategic landscapes.


Outward digital remittance was the largest segment with a revenue share of 64.56% in 2024. Horizon Databook has segmented the Europe digital remittance market based on inward digital remittance, outward digital remittance covering the revenue growth of each sub-segment from 2018 to 2030.


  • Europe Digital Remittance Type Outlook (Revenue, USD Million, 2018-2030)
    • Inward Digital Remittance
    • Outward Digital Remittance
  • Europe Digital Remittance Channel Outlook (Revenue, USD Million, 2018-2030)
    • Banks
    • Money Transfer Operators
    • Online Platforms
    • Others
  • Europe Digital Remittance End Use Outlook (Revenue, USD Million, 2018-2030)
    • Migrant Labor Workforce
    • Personal
    • Small Businesses
    • Others

Reasons to subscribe to Europe digital remittance market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Europe digital remittance market databook

  • Our clientele includes a mix of digital remittance market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Europe digital remittance market , including forecasts for subscribers. This continent databook contains high-level insights into Europe digital remittance market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Europe digital remittance market size, by country, 2018-2030 (US$M)

Europe Digital Remittance Market Outlook Share, 2024 & 2030 (US$M)

Europe digital remittance market size, by country, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more
Chat with us
Research Assistance
Online