Russia Fintech Digital Remittances Market Size | 2019-2032

Russia 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: FIN4474  | Publication: August 2024  |  US$545  |  

Russia Fintech Digital Remittances Market Growth and Performance


  • The Russia fintech digital remittances market size increased to US$ 1.54 Billion in 2023, up 11.9% from the prior year.
  • The spending on fintech digital remittances market in Russia is expected to exhibit a CAGR of 12.9% during the forecast period (2024-2032) to reach US$ 4.81 Billion in 2032.
  • Among component, the bank transfer segment is estimated to remain dominant in 2032 with 60.7% market share.
  • In the Russia fintech digital remittances market, 32.8% of total revenue will be generated through IT and telecom end user by 2032.

Russia 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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