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Publication: August 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: FIN4465 
  Pages: 110+  

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

Report Format: PDF DataSheet |   Pages: 110+  

 August 2024  | 

Canada Fintech Digital Remittances Market Growth and Performance

  • With a 17.1% year-over-year increase, the fintech digital remittances market size in Canada reached US$ 2.33 Billion in 2023.
  • This projection indicates a compound annual growth rate of 17.0% during 2024 to 2032, the Canada fintech digital remittances market size reaching US$ 9.90 Billion by 2032.
  • In terms of spending, the mobile and online transfer segment is anticipated to generate the highest revenue in 2032.
  • Within the Canadian fintech digital remittances market, the BFSI sector is expected to dominate with a total revenue of US$ 2.29 Billion by 2032.

Canada 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


*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]