Nordics Fintech Digital Remittances Market Size | 2019-2032

Nordics 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: FIN4473  | Publication: August 2024  |  US$925  |  

Nordics Fintech Digital Remittances Market Growth and Performance


  • In 2023, the Nordics fintech digital remittances market recorded a revenue of US$ 1.68 Billion with a year-over-year growth of 14.1%.
  • The revenue growth within the fintech digital remittances market in Nordics is projected to demonstrate a Compound Annual Growth Rate (CAGR) of 18.1% during the forecast period (2024-2032), reaching US$ 7.60 Billion in 2032.
  • Within the transfer channel segment, the bank transfer is expected to maintain dominance in 2032, capturing 53.5% market share in the country.
  • By 2032, in the Nordics fintech digital remittances market, 25.9% of the total revenue is predicted to be generated by IT and telecom end user.

Nordics 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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