Spain Fintech Digital Remittances Market Size | 2019-2032

Spain 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: FIN4471  | Publication: August 2024  |  US$925  |  

Spain Fintech Digital Remittances Market Growth and Performance


  • The Spain fintech digital remittances market size of US$ 1.51 Billion in 2023 reflected a 15.7% year-over-year growth.
  • The fintech digital remittances market in Spain is expected to achieve US$ 5.62 Billion by 2032, showcasing a Compound Annual Growth Rate (CAGR) of 15.3% between 2024-2032.
  • The contribution from the bank transfer sub-segment to the overall transfer channel segment revenue is projected to surge to US$ 2.78 Billion by 2032.
  • In 2023, the IT and telecom end user accounted for 25.9% of the total spending on the fintech digital remittances market in Spain.

Spain 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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