Money Transfer Apps Market Worth $52 Billion by 2030: Market-Entry and Growth Strategies Through 2026-2030 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Money Transfer App Market - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

The global market for Money Transfer App was valued at US$22.5 Billion in 2024 and is projected to reach US$52 Billion by 2030, growing at a CAGR of 15% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Growth in the money transfer app market is driven by several factors including the rise in mobile penetration, growing preference for digital financial services, and demand for low-cost, fast transactions. Shifting consumer expectations around convenience and transparency are encouraging developers to enhance app performance and add value-added features. Expansion of cashless economies, digital ID integration, and open banking regulations are also supporting app-based financial ecosystems.

Cross-border remittances, especially by migrant workers, continue to be a major contributor to volume. Advancements in fintech infrastructure, partnerships with global payment networks, and increasing trust in digital platforms are further enabling scale. As financial inclusion efforts deepen and global commerce becomes more connected, money transfer apps are expected to remain central to both personal finance management and small-scale business transactions worldwide.

Report Scope

The report analyzes the Money Transfer App market, presented in terms of market value (US$). The analysis covers the key segments and geographic regions outlined below:

• Segments: User (Personal Users, Business Users); Transaction Type (Domestic Transfers, International Transfers); Business Model (Freemium Model, Flat Fee Model, Transaction Fee Model).
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Personal Users segment, which is expected to reach US$36.9 Billion by 2030 with a CAGR of a 16.3%. The Business Users segment is also set to grow at 12.1% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $6.1 Billion in 2024, and China, forecasted to grow at an impressive 20.1% CAGR to reach $11.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 47 companies featured in this Money Transfer App market report include:

• ACE Money Transfer
• Azimo
• Cash App (Square)
• Flutterwave Send
• Google Pay
• Meta Pay (Facebook Pay)
• OFX
• Payoneer
• Remitly
• Revolut
• Skrill
• Taptap Send
• TransferGo
• TransferMate
• Venmo
• Western Union
• Wise (formerly TransferWise)
• WorldRemit
• XE
• Zelle

Key Attributes

Report Attribute	Details
No. of Pages	374
Forecast Period	2024-2030
Estimated Market Value (USD) in 2024	$22.5 Billion
Forecasted Market Value (USD) by 2030	$52 Billion
Compound Annual Growth Rate	15%
Regions Covered	Global

MARKET OVERVIEW

• Trade Shocks, Uncertainty, and the Structural Rewiring of the Global Economy
• World Market Trajectories
• How Trump's Tariffs Impact the Market? The Big Question on Everyone's Mind
• Money Transfer App - Global Key Competitors Percentage Market Share in 2025 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)

MARKET TRENDS & DRIVERS

• Growth in Smartphone Penetration and Mobile Internet Access Propels Adoption of Money Transfer Apps
• Rising Consumer Preference for Instant and Contactless Payments Drives Use of App-Based Transfers
• Increasing Cross-Border Remittances Strengthens Business Case for Multi-Currency Money Transfer Apps
• Demand for Peer-to-Peer (P2P) Transactions Fuels Growth in Domestic Digital Payment Applications
• Integration with Digital Wallets and Banking Platforms Enhances App Functionality and User Engagement
• Expansion of Fintech Ecosystems Encourages Innovation in App-Based Financial Transfers
• AI and Machine Learning Integration Enables Personalized User Experiences and Fraud Detection
• Demand for Transparent Fee Structures and Real-Time Exchange Rate Visibility Drives User Trust
• Adoption of QR Code Payments and In-App Scanning Features Improves Merchant Transaction Convenience
• Rapid Urbanization and Digital Literacy Campaigns Support App-Based Transfer Adoption in Emerging Markets
• Growth in Freelance and Gig Economy Transactions Drives Use of Cross-Border Payout Apps

For more information about this report visit https://www.researchandmarkets.com/r/npv0b9

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