China Fintech Digital Remittances Market Size | 2019-2032

China 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: FIN4478  | Publication: August 2024  |  US$925  |  

China Fintech Digital Remittances Market Growth and Performance


  • The China fintech digital remittances market is forecasted to reach US$ 127.82 Billion in 2032, with an expected Compound Annual Growth Rate (CAGR) of 14.6% from 2024 to 2032.
  • In China, the leading segment by transfer channel was analyzed to be bank transfer with a market value of US$ 17.15 Billion in 2023.
  • Throughout the forecast period, the healthcare sector is expected to experience the most rapid expansion in terms of revenue generation, with a 17.6%% Compound Annual Growth Rate (CAGR).
  • By end user, 22.4% of the total Chinese fintech digital remittances market size is expected to be contributed by BFSI end user by 2032.

China 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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