Canada Fintech Digital Remittances Market Size | 2019-2032

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

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: FIN4465  | Publication: August 2024  |  US$545  |  

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

2023

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Transfer Channel

Bank Transfer

Mobile and Online Transfer

Agent-Based Transfer

Cryptocurrency Transfer

End Users

Individual Consumers

SMEs

Medium-sized Enterprises

Large Enterprises

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Remittance Type

Domestic Remittances

International Remittances

Transaction Purpose

Personal Transfers

Business Transactions

 

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