UK Fintech Digital Remittances Market Size | 2019-2032

UK 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: FIN4467  | Publication: August 2024  |  US$925  |  

UK Fintech Digital Remittances Market Growth and Performance


  • Revenue in the UK fintech digital remittances market is estimated to amount to US$ 34.40 Billion in 2032. Further, the market is expected to grow at a CAGR of 22.5% from 2024 to 2032.
  • By transfer channel, the largest segment is projected to be the mobile and online transfer with a market value of US$ 15.10 Billion in 2032.
  • In the UK fintech digital remittances market, 23.1% of total market value will be generated through BFSI end user by 2032.
  • The healthcare sector is expected to emerge as the fastest growing segment with 25.7% CAGR, in terms of revenue generation during the forecast period.

UK 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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