India Fintech Digital Remittances Market Size | 2019-2032

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

| SINGLE USER: 1,850 US$ 925

| MULTI USER 2,450 US$ 1,225

| ENTERPRISE USER 3,050 US$ 1,525

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2023 saw the India fintech digital remittances market size rose to US$ 3.48 Billion, marking a 17.1% YoY growth.
DataCube Research foresees, the fintech digital remittances market in India is set to make significant strides on the global stage, with projected revenue reaching US$ 27.51 Billion by 2032. Moreover, our analysis indicates a promising trajectory, an anticipated CAGR of 25.6% from 2024 to 2032.
Within the Indian fintech digital remittances market, our research highlights the dominance of the bank transfer segment, which claimed the largest market share of 43.1% in 2023. This underscores the segment's robust position and potential for continued growth.
In our projections, we also pay close attention to end user dynamics. We anticipate the healthcare sector to emerge as a key driver of growth, expanding with a fastest CAGR of 28.9% during the forecast period spanning 2024 to 2032.

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
Remittance Type	International Remittances
Transaction Purpose	Personal Transfers
Transaction Purpose	Business Transactions