According to PayNXT360, the international inbound remittance market in United Kingdom has increased at 7.8% during 2023 to reach US$4,455.4 million in 2024. Over the forecast period (2024-2028), marke...
According to PayNXT360, the international inbound remittance market in United Kingdom has increased at 7.8% during 2023 to reach US$4,455.4 million in 2024. Over the forecast period (2024-2028), market size is expected to record a CAGR of 4.8%, increasing from US$4,134.6 million in 2023 to reach US$5,365.0 million by 2028. Remittance outflow market in United Kingdom has increased at 3.5% during 2023 to reach US$11,462.3 million in 2024. Over the forecast period (2024-2028), market size is expected to record a CAGR of 2.0%, increasing from US$11,078.6 million in 2023 to reach US$12,398.9 million by 2028. The remittance industry in the United Kingdom is positioned for continued growth as it adapts to evolving consumer preferences and technological advancements. Recent trends indicate a strong shift towards digitalization, with emerging fintech players reshaping the landscape by offering innovative solutions that prioritize cost-effectiveness and user experience. As competition intensifies among traditional providers and new entrants, strategic partnerships and technological investments will be essential for maintaining relevance. Looking ahead, the future of remittances in the UK appears promising, driven by ongoing advancements in technology and a commitment to enhancing financial inclusion. This evolving landscape presents opportunities for stakeholders to adapt and thrive in a rapidly changing market environment. Overview of Inward Remittances • Importance of Inward Remittances: The United Kingdom is one of the largest sources of remittances globally, with a significant expatriate population sending money back to their home countries. These remittances are vital for many families, providing essential financial support for living expenses, education, and healthcare. • Economic Contribution: Inward remittances contribute significantly to the UK economy by enhancing the financial stability of recipient countries, particularly in low- and middle-income regions. They play a crucial role in supporting local economies and alleviating poverty. Identifying Trends and Developments in the Remittance Market • Digital Transformation: The remittance market in the UK is experiencing a notable shift towards digital solutions. The COVID-19 pandemic has accelerated this transition, with more consumers opting for online platforms to send money. • Example: Fintech companies like Wise and Revolut have gained popularity by offering user-friendly digital platforms that simplify the remittance process, allowing users to send money internationally with lower fees compared to traditional banks. • Cost Reduction Initiatives: There is a growing emphasis on reducing the cost of remittance transactions. The UK government, alongside G20 countries, has committed to lowering remittance costs to 3% by 2030. • Example: As of mid-2022, the average cost to send $200 internationally from the UK was approximately 5.62%, highlighting ongoing efforts to make remittances more affordable. • Emergence of New Payment Technologies: The rise of mobile payment technologies and digital wallets is reshaping how remittances are sent and received. • Example: Services like PayPal and TransferWise are increasingly integrated into everyday financial transactions, making it easier for users to manage their finances and send money across borders. Analysing Currency Impact on Remittances • Exchange Rate Dynamics: The value of the British pound against other currencies significantly impacts remittance flows. Fluctuations in exchange rates can affect the amount received by beneficiaries in their local currencies. • Local Currency Transactions: Initiatives promoting local currency transactions can streamline remittance processes and reduce costs for senders. • Example: Partnerships between UK banks and foreign financial institutions facilitate local currency transfers, enhancing efficiency in cross-border payments. Exploring Strategies by Players Operating in Remittance • Diversification of Services: Companies in the remittance sector are expanding their service offerings beyond traditional money transfers to include services like bill payments and mobile recharges, enhancing customer loyalty. • Investment in Technology: Players are investing heavily in technology to improve transaction speed, security, and transparency. • Example: Western Union has been investing in its digital platform to enhance user experience and compete effectively with emerging fintech players. • Strategic Partnerships: Collaborations between traditional financial institutions and fintech companies are becoming increasingly common to leverage technology for better service delivery. • Example: The collaboration between banks and fintech firms allows for improved customer engagement through innovative payment solutions. Recognizing Emerging Players and Market Competition • Rise of FinTech Innovations: New entrants like Wise (formerly TransferWise) are disrupting traditional remittance models by offering lower-cost solutions that appeal to tech-savvy consumers. • Example: Wise has gained significant traction by providing transparent fee structures and real-time exchange rates, making it a preferred choice among users seeking cost-effective options for sending money internationally. • Intensifying Competition Among Providers: The entry of fintech players has increased competition in the UK's remittance market, prompting traditional institutions to enhance their services and adopt more competitive pricing strategies. • Example: PayPal's expansion into international remittances has added competitive pressure on established banks and money transfer services operating in the UK. Investment Trends and Future Outlook for Remittances • Focus on Digital Infrastructure: Future growth in the remittance market will be driven by investments in digital infrastructure, including payment systems that facilitate faster transactions across borders. • Government Initiatives for Financial Inclusion: Efforts aimed at enhancing financial inclusion will likely expand access to remittance services for underserved populations within the UK. • Positive Growth Projections: Despite current challenges, the long-term outlook for the UK's remittance market remains optimistic due to increasing digital adoption and favourable regulatory environments that promote innovation in financial services. This report from PayNXT360 provides a comprehensive analysis of the international inbound and outbound remittance market in United Kingdom. It covers the market opportunity by transaction value, transaction volume, average value per transaction, key market players, market opportunity by channel, consumer profile, and by sending / receiving countries. PayNXT360’s research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities.
International Inbound Market Opportunity Trend Analysis in United Kingdom • By Transaction Value • By Transaction Volume • By Average Value Per Transaction Market Share of Key Players in United Kingdom International Inbound Market Opportunity Trend Analysis by Channel in United Kingdom • Digital (transaction value, transaction volume, average value per transaction) • Mobile (transaction value, transaction volume, average value per transaction) • Non-Digital (transaction value, transaction volume, average value per transaction) International Inbound Remittance Analysis of Consumer Profile in United Kingdom • Analysis by age group of senders • Analysis by income of senders • Analysis by occupation of senders • Analysis by occupation of beneficiaries • Analysis by purpose International Inbound Remittance Flow Analysis (Country to State / Region) in United Kingdom • Market opportunity by key sending countries (transaction value, transaction volume, average value per transaction) • Market share by transfer channel by key state / regions International Outbound Market Opportunity Trend Analysis in United Kingdom • By Transaction Value • By Transaction Volume • By Average Value Per Transaction International Outbound Market Opportunity Trend Analysis by Channel in United Kingdom • Digital (transaction value, transaction volume, average value per transaction) • Mobile (transaction value, transaction volume, average value per transaction) • Non-Digital (transaction value, transaction volume, average value per transaction) International Outbound Remittance Analysis of Consumer Profile in United Kingdom • Analysis by age group of senders • Analysis by income of sender • Analysis by occupation of sender • Analysis by occupation of beneficiaries • Analysis by purpose International Outbound Remittance Flow Analysis (State / Region to Country) in United Kingdom • Market opportunity by key sending countries (transaction value, transaction volume, average value per transaction) • Market share by transfer channel by key state / regions
• Thorough and Current Insights: This report delivers extensive and up-to-date insights into the Argentina remittance market, covering key aspects such as market size, growth trends, transaction values, transaction volumes, average transaction values, and market share analysis segmented by transfer channels, consumer demographics, and major countries. • Competitive Landscape Overview: Obtain a comprehensive overview of the competitive landscape through detailed market share data of leading players in the remittance industry. • Practical Insights for Businesses and Investors: The report offers data-driven analysis tailored for businesses and investors in the Argentina remittance sector, helping to uncover new opportunities, evaluate risks, and make informed strategic decisions. • Future Market Growth Projections: The report includes forecasts for future growth in the remittance market, empowering businesses and investors to effectively plan and strategize for upcoming trends.
1. About this Report 1.1. Methodology 1.2. Definitions 1.3. Disclaimer 2. United Kingdom International Inbound Remittance Market Size and Future Growth Dynamics 2.1. Analysis of Overall Market Dynamics 2.1.1. Transaction Value Trend Analysis, 2019-2028 2.1.2. Transaction Volume Trend Analysis, 2019-2028 2.1.3. Average Value Per Transaction Trend Analysis, 2019-2028 2.2. United Kingdom Market Share Analysis by Transfer Channel – Digital vs Non-Digital 2.3. Digital Remittance Market Size, 2019-2028 2.3.1. Transaction Value Trend Analysis, 2019-2028 2.3.2. Transaction Volume Trend Analysis, 2019-2028 2.3.3. Average Value Per Transaction Trend Analysis, 2019-2028 2.4. Mobile Remittance Market Size, 2019-2028 2.4.1. Transaction Value Trend Analysis, 2019-2028 2.4.2. Transaction Volume Trend Analysis, 2019-2028 2.4.3. Average Value Per Transaction Trend Analysis, 2019-2028 2.5. Non-Digital Remittance Market Size, 2019-2028 2.5.1. Transaction Value Trend Analysis, 2019-2028 2.5.2. Transaction Volume Trend Analysis, 2019-2028 2.5.3. Average Value Per Transaction Trend Analysis, 2019-2028 3. United Kingdom International Inbound Remittance Analysis by Consumer Demographics 3.1. International Inbound Remittance - Analysis by Age Group 3.2. International Inbound Remittance - Analysis by Occupation 3.3. International Inbound Remittance - Analysis by Purpose 3.4. International Inbound Remittance - Analysis by Income 4. United Kingdom International Inbound Remittance Flow Analysis by Key Countries 4.1. International Inbound Remittance Market Share Analysis by Key Countries 4.2. Country 1 – International Inbound Remittance Market Dynamics 4.2.1. Digital Remittance Market Size, 2019-2028 4.2.2. Mobile Remittance Market Size, 2019-2028 4.2.3. Non-Digital Remittance Market Size, 2019-2028 4.2.4. Analysis by Key Transfer Destinations of Inbound Remittance 4.3. Country 2 – International Inbound Remittance Market Dynamics 4.3.1. Digital Remittance Market Size, 2019-2028 4.3.2. Mobile Remittance Market Size, 2019-2028 4.3.3. Non-Digital Remittance Market Size, 2019-2028 4.3.4. Analysis by Key Transfer Destinations of Inbound Remittance 4.4. Country 3 – International Inbound Remittance Market Dynamics 4.4.1. Digital Remittance Market Size, 2019-2028 4.4.2. Mobile Remittance Market Size, 2019-2028 4.4.3. Non-Digital Remittance Market Size, 2019-2028 4.4.4. Analysis by Key Transfer Destinations of Inbound Remittance 4.5. Country 4 – International Inbound Remittance Market Dynamics 4.5.1. Digital Remittance Market Size, 2019-2028 4.5.2. Mobile Remittance Market Size, 2019-2028 4.5.3. Non-Digital Remittance Market Size, 2019-2028 4.5.4. Analysis by Key Transfer Destinations of Inbound Remittance 4.6. Country 5 – International Inbound Remittance Market Dynamics 4.6.1. Digital Remittance Market Size, 2019-2028 4.6.2. Mobile Remittance Market Size, 2019-2028 4.6.3. Non-Digital Remittance Market Size, 2019-2028 4.6.4. Analysis by Key Transfer Destinations of Inbound Remittance 4.7. Country 6 – International Inbound Remittance Market Dynamics 4.7.1. Digital Remittance Market Size, 2019-2028 4.7.2. Mobile Remittance Market Size, 2019-2028 4.7.3. Non-Digital Remittance Market Size, 2019-2028 4.7.4. Analysis by Key Transfer Destinations of Inbound Remittance 4.8. Country 7 – International Inbound Remittance Market Dynamics 4.8.1. Digital Remittance Market Size, 2019-2028 4.8.2. Mobile Remittance Market Size, 2019-2028 4.8.3. Non-Digital Remittance Market Size, 2019-2028 4.8.4. Analysis by Key Transfer Destinations of Inbound Remittance 4.9. Country 8 – International Inbound Remittance Market Dynamics 4.9.1. Digital Remittance Market Size, 2019-2028 4.9.2. Mobile Remittance Market Size, 2019-2028 4.9.3. Non-Digital Remittance Market Size, 2019-2028 4.9.4. Analysis by Key Transfer Destinations of Inbound Remittance 4.10. Country 9 – International Inbound Remittance Market Dynamics 4.10.1. Digital Remittance Market Size, 2019-2028 4.10.2. Mobile Remittance Market Size, 2019-2028 4.10.3. Non-Digital Remittance Market Size, 2019-2028 4.10.4. Analysis by Key Transfer Destinations of Inbound Remittance 4.11. Country 10 – International Inbound Remittance Market Dynamics 4.11.1. Digital Remittance Market Size, 2019-2028 4.11.2. Mobile Remittance Market Size, 2019-2028 4.11.3. Non-Digital Remittance Market Size, 2019-2028 4.11.4. Analysis by Key Transfer Destinations of Inbound Remittance 5. United Kingdom International Outbound Remittance Market Size and Future Growth Dynamics 5.1. Analysis of Overall Market Dynamics 5.1.1. Transaction Value Trend Analysis, 2019-2028 5.1.2. Transaction Volume Trend Analysis, 2019-2028 5.1.3. Average Value Per Transaction Trend Analysis, 2019-2028 5.2. United Kingdom Market Share Analysis by Transfer Channel – Digital vs Non-Digital 5.3. Digital Remittance Market Size, 2019-2028 5.3.1. Transaction Value Trend Analysis, 2019-2028 5.3.2. Transaction Volume Trend Analysis, 2019-2028 5.3.3. Average Value Per Transaction Trend Analysis, 2019-2028 5.4. Mobile Remittance Market Size, 2019-2028 5.4.1. Transaction Value Trend Analysis, 2019-2028 5.4.2. Transaction Volume Trend Analysis, 2019-2028 5.4.3. Average Value Per Transaction Trend Analysis, 2019-2028 5.5. Non-Digital Remittance Market Size, 2019-2028 5.5.1. Transaction Value Trend Analysis, 2019-2028 5.5.2. Transaction Volume Trend Analysis, 2019-2028 5.5.3. Average Value Per Transaction Trend Analysis, 2019-2028 6. United Kingdom International Outbound Remittance Analysis by Consumer Demographics 6.1. International Outbound Remittance - Analysis by Age Group 6.2. International Outbound Remittance - Analysis by Occupation 6.3. International Outbound Remittance - Analysis by Purpose 6.4. International Outbound Remittance - Analysis by Income 7. United Kingdom International Outbound Remittance Flow Analysis by Key States/Provinces 7.1. International Outbound Remittance Market Share Analysis by Key States/Provinces 7.2. State/Province 1 – International Outbound Remittance Market Dynamics 7.2.1. Digital Remittance Market Size, 2019-2028 7.2.2. Mobile Remittance Market Size, 2019-2028 7.2.3. Non-Digital Remittance Market Size, 2019-2028 7.2.4. Analysis by Key Transfer Destinations of Outbound Remittance 7.3. State/Province 2 – International Outbound Remittance Market Dynamics 7.3.1. Digital Remittance Market Size, 2019-2028 7.3.2. Mobile Remittance Market Size, 2019-2028 7.3.3. Non-Digital Remittance Market Size, 2019-2028 7.3.4. Analysis by Key Transfer Destinations of Outbound Remittance 7.4. State/Province 3 – International Outbound Remittance Market Dynamics 7.4.1. Digital Remittance Market Size, 2019-2028 7.4.2. Mobile Remittance Market Size, 2019-2028 7.4.3. Non-Digital Remittance Market Size, 2019-2028 7.4.4. Analysis by Key Transfer Destinations of Outbound Remittance 7.5. State/Province 4 – International Outbound Remittance Market Dynamics 7.5.1. Digital Remittance Market Size, 2019-2028 7.5.2. Mobile Remittance Market Size, 2019-2028 7.5.3. Non-Digital Remittance Market Size, 2019-2028 7.5.4. Analysis by Key Transfer Destinations of Outbound Remittance 7.6. State/Province 5 – International Outbound Remittance Market Dynamics 7.6.1. Digital Remittance Market Size, 2019-2028 7.6.2. Mobile Remittance Market Size, 2019-2028 7.6.3. Non-Digital Remittance Market Size, 2019-2028 7.6.4. Analysis by Key Transfer Destinations of Outbound Remittance 7.7. State/Province 6 – International Outbound Remittance Market Dynamics 7.7.1. Digital Remittance Market Size, 2019-2028 7.7.2. Mobile Remittance Market Size, 2019-2028 7.7.3. Non-Digital Remittance Market Size, 2019-2028 7.7.4. Analysis by Key Transfer Destinations of Outbound Remittance 7.8. State/Province 7 – International Outbound Remittance Market Dynamics 7.8.1. Digital Remittance Market Size, 2019-2028 7.8.2. Mobile Remittance Market Size, 2019-2028 7.8.3. Non-Digital Remittance Market Size, 2019-2028 7.8.4. Analysis by Key Transfer Destinations of Outbound Remittance 7.9. State/Province 8 – International Outbound Remittance Market Dynamics 7.9.1. Digital Remittance Market Size, 2019-2028 7.9.2. Mobile Remittance Market Size, 2019-2028 7.9.3. Non-Digital Remittance Market Size, 2019-2028 7.9.4. Analysis by Key Transfer Destinations of Outbound Remittance 7.10. State/Province 9 – International Outbound Remittance Market Dynamics 7.10.1. Digital Remittance Market Size, 2019-2028 7.10.2. Mobile Remittance Market Size, 2019-2028 7.10.3. Non-Digital Remittance Market Size, 2019-2028 7.10.4. Analysis by Key Transfer Destinations of Outbound Remittance 7.11. State/Province 10 – International Outbound Remittance Market Dynamics 7.11.1. Digital Remittance Market Size, 2019-2028 7.11.2. Mobile Remittance Market Size, 2019-2028 7.11.3. Non-Digital Remittance Market Size, 2019-2028 7.11.4. Analysis by Key Transfer Destinations of Outbound Remittance 8. United Kingdom Remittance - Market Share Analysis by Key Players 9. Further Reading 9.1. About PayNXT360 9.2. Related Research 9.3. PayNXT360 Knowledge Center
Table 1: United Kingdom International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 2: United Kingdom International Inbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028 Table 3: United Kingdom International Inbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028 Table 4: United Kingdom Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 5: United Kingdom Digital International Inbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028 Table 6: United Kingdom Digital International Inbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028 Table 7: United Kingdom Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 8: United Kingdom Mobile International Inbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028 Table 9: United Kingdom Mobile International Inbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028 Table 10: United Kingdom Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 11: United Kingdom Non-Digital International Inbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028 Table 12: United Kingdom Non-Digital International Inbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028 Table 13: Country 1: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 14: Country 1: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 15: Country 1: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 16: Country 2: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 17: Country 2: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 18: Country 2: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 19: Country 3: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 20: Country 3: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 21: Country 3: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 22: Country 4: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 23: Country 4: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 24: Country 4: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 25: Country 5: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 26: Country 5: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 27: Country 5: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 28: Country 6: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 29: Country 6: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 30: Country 6: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 31: Country 7: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 32: Country 7: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 33: Country 7: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 34: Country 8: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 35: Country 8: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 36: Country 8: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 37: Country 9: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 38: Country 9: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 39: Country 9: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 40: Country 10: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 41: Country 10: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 42: Country 10: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 43: United Kingdom International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 44: United Kingdom International Outbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028 Table 45: United Kingdom International Outbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028 Table 46: United Kingdom Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 47: United Kingdom Digital International Outbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028 Table 48: United Kingdom Digital International Outbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028 Table 49: United Kingdom Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 50: United Kingdom Mobile International Outbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028 Table 51: United Kingdom Mobile International Outbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028 Table 52: United Kingdom Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 53: United Kingdom Non-Digital International Outbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028 Table 54: United Kingdom Non-Digital International Outbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028 Table 55: State/Province 1: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 56: State/Province 1: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 57: State/Province 1: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 58: State/Province 2: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 59: State/Province 2: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 60: State/Province 2: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 61: State/Province 3: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 62: State/Province 3: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 63: State/Province 3: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 64: State/Province 4: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 65: State/Province 4: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 66: State/Province 4: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 67: State/Province 5: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 68: State/Province 5: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 69: State/Province 5: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 70: State/Province 6: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 71: State/Province 6: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 72: State/Province 6: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 73: State/Province 7: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 74: State/Province 7: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 75: State/Province 7: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 76: State/Province 8: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 77: State/Province 8: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 78: State/Province 8: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 79: State/Province 9: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 80: State/Province 9: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 81: State/Province 9: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 82: State/Province 10: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 83: State/Province 10: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Table 84: State/Province 10: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028
Figure 1: PayNXT360’s Methodology Framework Figure 2: United Kingdom International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 3: United Kingdom International Inbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028 Figure 4: United Kingdom International Inbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028 Figure 5: United Kingdom International Inbound Remittance Market Share Analysis by Transfer Channel – Digital vs Non-Digital, 2023 Figure 6: United Kingdom Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 7: United Kingdom Digital International Inbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028 Figure 8: United Kingdom Digital International Inbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028 Figure 9: United Kingdom Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 10: United Kingdom Mobile International Inbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028 Figure 11: United Kingdom Mobile International Inbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028 Figure 12: United Kingdom Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 13: United Kingdom Non-Digital International Inbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028 Figure 14: United Kingdom Non-Digital International Inbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028 Figure 15: United Kingdom International Inbound Remittance - Analysis by Age Group (%), 2023 Figure 16: United Kingdom International Inbound Remittance - Analysis by Occupation (%), 2023 Figure 17: United Kingdom International Inbound Remittance - Analysis by Purpose (%), 2023 Figure 18: United Kingdom International Inbound Remittance - Analysis by Income (%), 2023 Figure 19: United Kingdom International Inbound Remittance Market Share Analysis by Key Countries (%), 2023 Figure 20: Country 1: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 21: Country 1: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 22: Country 1: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 23: Country 1: Remittance Market Share Analysis by Key Transfer Destinations of Inbound Remittance (%), 2023 Figure 24: Country 2: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 25: Country 2: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 26: Country 2: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 27: Country 2: Remittance Market Share Analysis by Key Transfer Destinations of Inbound Remittance (%), 2023 Figure 28: Country 3: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 29: Country 3: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 30: Country 3: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 31: Country 3: Remittance Market Share Analysis by Key Transfer Destinations of Inbound Remittance (%), 2023 Figure 32: Country 4: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 33: Country 4: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 34: Country 4: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 35: Country 4: Remittance Market Share Analysis by Key Transfer Destinations of Inbound Remittance (%), 2023 Figure 36: Country 5: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 37: Country 5: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 38: Country 5: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 39: Country 5: Remittance Market Share Analysis by Key Transfer Destinations of Inbound Remittance (%), 2023 Figure 40: Country 6: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 41: Country 6: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 42: Country 6: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 43: Country 6: Remittance Market Share Analysis by Key Transfer Destinations of Inbound Remittance (%), 2023 Figure 44: Country 7: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 45: Country 7: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 46: Country 7: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 47: Country 7: Remittance Market Share Analysis by Key Transfer Destinations of Inbound Remittance (%), 2023 Figure 48: Country 8: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 49: Country 8: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 50: Country 8: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 51: Country 8: Remittance Market Share Analysis by Key Transfer Destinations of Inbound Remittance (%), 2023 Figure 52: Country 9: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 53: Country 9: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 54: Country 9: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 55: Country 9: Remittance Market Share Analysis by Key Transfer Destinations of Inbound Remittance (%), 2023 Figure 56: Country 10: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 57: Country 10: Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 58: Country 10: Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 59: Country 10: Remittance Market Share Analysis by Key Transfer Destinations of Inbound Remittance (%), 2023 Figure 60: United Kingdom International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 61: United Kingdom International Outbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028 Figure 62: United Kingdom International Outbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028 Figure 63: United Kingdom International Outbound Remittance Market Share Analysis by Transfer Channel – Digital vs Non-Digital, 2023 Figure 64: United Kingdom Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 65: United Kingdom Digital International Outbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028 Figure 66: United Kingdom Digital International Outbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028 Figure 67: United Kingdom Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 68: United Kingdom Mobile International Outbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028 Figure 69: United Kingdom Mobile International Outbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028 Figure 70: United Kingdom Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 71: United Kingdom Non-Digital International Outbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028 Figure 72: United Kingdom Non-Digital International Outbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028 Figure 73: United Kingdom International Outbound Remittance - Analysis by Age Group (%), 2023 Figure 74: United Kingdom International Outbound Remittance - Analysis by Occupation (%), 2023 Figure 75: United Kingdom International Outbound Remittance - Analysis by Purpose (%), 2023 Figure 76: United Kingdom International Outbound Remittance - Analysis by Income (%), 2023 Figure 77: United Kingdom International Outbound Remittance Market Share Analysis by Key States/Provinces (%), 2023 Figure 78: State/Province 1: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 79: State/Province 1: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 80: State/Province 1: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 81: State/Province 1: Remittance Market Share Analysis by Key Transfer Destinations of Outbound Remittance (%), 2023 Figure 82: State/Province 2: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 83: State/Province 2: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 84: State/Province 2: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 85: State/Province 2: Remittance Market Share Analysis by Key Transfer Destinations of Outbound Remittance (%), 2023 Figure 86: State/Province 3: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 87: State/Province 3: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 88: State/Province 3: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 89: State/Province 3: Remittance Market Share Analysis by Key Transfer Destinations of Outbound Remittance (%), 2023 Figure 90: State/Province 4: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 91: State/Province 4: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 92: State/Province 4: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 93: State/Province 4: Remittance Market Share Analysis by Key Transfer Destinations of Outbound Remittance (%), 2023 Figure 94: State/Province 5: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 95: State/Province 5: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 96: State/Province 5: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 97: State/Province 5: Remittance Market Share Analysis by Key Transfer Destinations of Outbound Remittance (%), 2023 Figure 98: State/Province 6: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 99: State/Province 6: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 100: State/Province 6: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 101: State/Province 6: Remittance Market Share Analysis by Key Transfer Destinations of Outbound Remittance (%), 2023 Figure 102: State/Province 7: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 103: State/Province 7: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 104: State/Province 7: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 105: State/Province 7: Remittance Market Share Analysis by Key Transfer Destinations of Outbound Remittance (%), 2023 Figure 106: State/Province 8: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 107: State/Province 8: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 108: State/Province 8: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 109: State/Province 8: Remittance Market Share Analysis by Key Transfer Destinations of Outbound Remittance (%), 2023 Figure 110: State/Province 9: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 111: State/Province 9: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 112: State/Province 9: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 113: State/Province 9: Remittance Market Share Analysis by Key Transfer Destinations of Outbound Remittance (%), 2023 Figure 114: State/Province 10: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 115: State/Province 10: Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 116: State/Province 10: Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028 Figure 117: State/Province 10: Remittance Market Share Analysis by Key Transfer Destinations of Outbound Remittance (%), 2023 Figure 118: United Kingdom Remittance – Market Share Analysis by Key Players, 2023
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