U.S. Digital Remittance Market Size & Outlook, 2024-2030
Related Markets
U.S. digital remittance market highlights
- The U.S. digital remittance market generated a revenue of USD 5,672.4 million in 2024 and is expected to reach USD 12,659.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 14.9% 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.
Digital remittance market data book summary
| Market revenue in 2024 | USD 5,672.4 million |
| Market revenue in 2030 | USD 12,659.8 million |
| Growth rate | 14.9% (CAGR from 2025 to 2030) |
| Largest segment | Outward digital remittance |
| Fastest growing segment | Inward Digital Remittance |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inward Digital Remittance, Outward Digital Remittance |
| Key market players worldwide | Sony Group Corp, PayPal Holdings Inc, Wise PLC Class A, The Western Union Co |
Other key industry trends
- In terms of revenue, U.S. accounted for 23.2% of the global digital remittance market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. digital remittance market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 1,090.2 million by 2030.
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Digital Remittance Market Scope
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 |
U.S. 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 63.92% in 2024. Horizon Databook has segmented the U.S. digital remittance market based on inward digital remittance, outward digital remittance covering the revenue growth of each sub-segment from 2018 to 2030.
- U.S. Digital Remittance Type Outlook (Revenue, USD Million, 2018-2030)
- Inward Digital Remittance
- Outward Digital Remittance
- U.S. Digital Remittance Channel Outlook (Revenue, USD Million, 2018-2030)
- Banks
- Money Transfer Operators
- Online Platforms
- Others
- U.S. Digital Remittance End Use Outlook (Revenue, USD Million, 2018-2030)
- Migrant Labor Workforce
- Personal
- Small Businesses
- Others
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Target buyers of U.S. digital remittance market databook
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Our clientele includes a mix of digital remittance market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 country-level data and insights on the U.S. digital remittance market , including forecasts for subscribers. This country databook contains high-level insights into U.S. digital remittance market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. digital remittance market size, by type, 2018-2030 (US$M)
U.S. Digital Remittance Market Outlook Share, 2024 & 2030 (US$M)
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