Indonesia Fintech Digital Remittances Market Size | 2019-2032

Indonesia 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: FIN4483  | Publication: August 2024  |  US$925  |  

Indonesia Fintech Digital Remittances Market Growth and Performance


  • The Indonesia fintech digital remittances market is poised for significant growth, with forecasted revenue reaching US$ 4.79 Billion by 2032. This growth trajectory is further supported by an expected Compound Annual Growth Rate (CAGR) of 12.4% from 2024 to 2032.
  • In Indonesia, our projections suggest that the leading segment by transfer channel, will be bank transfer, projected to attain a market value of US$ 2.40 Billion by 2032.
  • Regarding end users, our forecasts indicate that 22.2% of the total market size in the Indonesia fintech digital remittances market will be contributed by BFSI end user by 2032.
  • Throughout the forecast period, we anticipate that the healthcare sector will experience the most rapid expansion in terms of revenue generation, with a 15.3% CAGR.

Indonesia 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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