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Publication: August 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: FIN4461 
  Pages: 160+  

ASEAN Fintech Digital Remittances Market Size and Forecast by Transfer Channel, End Users, Industry, Remittance Type, Transaction Purpose, and Region: Statistics | 2019-2032

Report Format: PDF DataSheet |   Pages: 160+  

 August 2024  | 

ASEAN Fintech Digital Remittances Market Growth and Performance

  • In 2023, the ASEAN fintech digital remittances market size reached US$ 3.18 Billion, growing by 16.4% compared to previous year.
  • The fintech digital remittances market in ASEAN is projected to expand at a CAGR of 34.3% throughout the forecast period to reach US$ 40.55 Billion in 2032.
  • Contribution by the bank transfer sub-segment to overall transfer channel segment revenue is expected to surge to US$ 23.45 Billion by 2032.
  • With 20.7% market share, the IT and telecom sector was the largest end-user vertical for prominent fintech digital remittances players in 2023

ASEAN Fintech Digital Remittances Market Outlook

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2024

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Transfer Channel

Bank Transfe

Mobile and Online Transfe

Agent-Based Transfe

Cryptocurrency Transfe

End Users

Individual Consumer

SME

Medium-sized Enterprise

Large Enterprise

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Remittance Type

Domestic Remittance

International Remittance

Transaction Purpose

Personal Transfer

Business Transaction

ASEAN Fintech Digital Remittances Industry: Country Coverage

 

Countries

ASEAN

Indonesi

Malaysi

Philippine

Rest of Asia Pacifi

Thailan

Vietna


*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation. [Learn more]