Malaysia Fintech Digital Remittances Market Size | 2019-2032

Malaysia 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: FIN4481  | Publication: August 2024  |  US$925  |  

Malaysia Fintech Digital Remittances Market Growth and Performance


  • The revenue of the Malaysia fintech digital remittances market in 2023, stood at US$ 371.0 Million.
  • Furthermore, projections indicate that the fintech digital remittances market in Malaysia is poised for sustained growth, with an anticipated annual growth rate of 20.0% from 2024 to 2032, as denoted by the Compound Annual Growth Rate (CAGR).
  • In terms of market segmentation, bank transfer emerges as the dominant segment, commanding a market value of US$ 838.9 Million in 2032.
  • Additionally, by 2032, BFSI vertical is predicted to play a significant role, contributing 22.6% of the total revenue in the Malaysia fintech digital remittances market.

Malaysia 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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