loading...
Cross
Saudi Arabia International Remittance Market Business and Investment Opportunities

Saudi Arabia International Remittance Market Business and Investment Opportunities

According to PayNXT360, the international inbound remittance market in Saudi Arabia has increased at 5.5% during 2023 to reach US$298.3 million in 2024. Over the forecast period (2024-2028), market si...

Saudi Arabia International Remittance Market Business and Investment Opportunities - Analysis by Transaction Value & Volume, Inbound and Outbound Transfers to and from Key States, Consumer Demographics – Q3 2024
Summary
According to PayNXT360, the international inbound remittance market in Saudi Arabia has increased at 5.5% during 2023 to reach US$298.3 million in 2024. Over the forecast period (2024-2028), market size is expected to record a CAGR of 3.3%, increasing from US$282.7 million in 2023 to reach US$339.3 million by 2028.

Remittance outflow market in Saudi Arabia has increased at 2.3% during 2023 to reach US$41,073.7 million in 2024. Over the forecast period (2024-2028), market size is expected to record a CAGR of 1.3%, increasing from US$40,139.2 million in 2023 to reach US$43,253.1 million by 2028.

The remittance industry in Saudi Arabia is a vital component of its economy, providing significant support through foreign exchange inflows. Recent trends indicate a strong shift towards digitalization, with emerging fintech players reshaping the landscape by offering innovative solutions prioritizing 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.

The future of remittances in Saudi Arabia looks promising due to technological advancements and a focus on improving financial inclusion, which will create opportunities for stakeholders in a changing market.

Overview of Inward Remittances

• Significance of Inward Remittances: Money sent by people working in Saudi Arabia to their families in other countries is really important for those families and their communities. This money helps a lot with the economies of their home countries, especially in South Asia and Africa.

• Economic Impact: Money from people working abroad is important for many poor countries, like Saudi Arabia. It affects the country's financial situation and helps people buy things in their own country.

Identifying Trends and Developments in the Remittance Market

• Digital Transformation of Remittance Services: The way people send money in Saudi Arabia is changing greatly because of the internet and phones. The COVID-19 sickness is making this change happen even faster.

• Example: Fintech companies such as STC Pay and Alinma Pay have emerged, offering user-friendly digital solutions that simplify the remittance process for expatriates.

• Increased Use of Mobile Wallets: The adoption of mobile wallets is on the rise, driven by their convenience and lower transaction costs.

• Example: Integrating remittance services into popular mobile wallet applications has made it easier for users to send money internationally without visiting physical locations.

• Emergence of New Remittance Corridors: Specific corridors connecting Saudi Arabia with countries like India, Pakistan, and Egypt are becoming increasingly significant for remittance flows.

• Example: The corridor between Saudi Arabia and India has grown substantially due to the large Indian expatriate community working in various sectors within the Kingdom.

Analysing Currency Impact on Remittances

• Exchange Rate Influences: The value of the Saudi riyal against other currencies significantly impacts remittance flows. A stable or appreciating riyal can affect the purchasing power of remittances sent home.

• Local Currency Transactions: Initiatives promoting local currency transactions can streamline remittance processes and reduce costs for senders.

• Example: Partnerships between Saudi 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.

• Partnerships with Fintech Firms: Strategic collaborations are being formed to enhance service delivery and reach more customers.

• Example: Western Union has partnered with local fintech companies to leverage technology for better customer engagement and service efficiency.

• Investment in Technology: Players invest in advanced technologies such as blockchain to improve transaction speed and security.

• Example: MoneyGram's implementation of blockchain technology aims to enhance its service efficiency in Saudi Arabia's remittance market.
Recognizing Emerging Players and Market Competition

• Rise of Fintech Innovations: New entrants like STC Pay and PayTabs are disrupting traditional remittance models by offering lower-cost solutions that appeal to tech-savvy consumers.

• Example: STC Pay's expansion into international remittances positions it as a competitive player against established banks and money transfer operators.

• Intensifying Competition Among Providers: Established players face increased pressure from emerging fintech companies, driving innovation across the industry.

• Example: The entry of digital-first companies has prompted traditional banks to enhance their services and adopt more competitive pricing strategies.

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 to enhance financial inclusion will likely expand access to remittance services for underserved populations in Saudi Arabia.

• Positive Growth Projections: Despite current challenges, the long-term outlook for Saudi Arabia'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 Saudi Arabia. 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.
Scope
International Inbound Market Opportunity Trend Analysis in Saudi Arabia
• By Transaction Value
• By Transaction Volume
• By Average Value Per Transaction

Market Share of Key Players in Saudi Arabia

International Inbound Market Opportunity Trend Analysis by Channel in Saudi Arabia
• 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 Saudi Arabia
• 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 Saudi Arabia
• 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 Saudi Arabia
• By Transaction Value
• By Transaction Volume
• By Average Value Per Transaction

International Outbound Market Opportunity Trend Analysis by Channel in Saudi Arabia
• 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 Saudi Arabia
• 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 Saudi Arabia
• Market opportunity by key sending countries (transaction value, transaction volume, average value per transaction)
• Market share by transfer channel by key state / regions
Reason to buy
• 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.
Table of Contents
 1. About this Report
1.1. Methodology
1.2. Definitions
1.3. Disclaimer

2. Saudi Arabia 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. Saudi Arabia 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. Saudi Arabia 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. Saudi Arabia 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. Saudi Arabia 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. Saudi Arabia 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. Saudi Arabia 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. Saudi Arabia 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. Saudi Arabia Remittance - Market Share Analysis by Key Players

9. Further Reading
9.1. About PayNXT360
9.2. Related Research
9.3. PayNXT360 Knowledge Center
List Of Table
Table 1: Saudi Arabia International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028
Table 2: Saudi Arabia International Inbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028
Table 3: Saudi Arabia International Inbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028
Table 4: Saudi Arabia Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028
Table 5: Saudi Arabia Digital International Inbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028
Table 6: Saudi Arabia Digital International Inbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028
Table 7: Saudi Arabia Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028
Table 8: Saudi Arabia Mobile International Inbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028
Table 9: Saudi Arabia Mobile International Inbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028
Table 10: Saudi Arabia Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028
Table 11: Saudi Arabia Non-Digital International Inbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028
Table 12: Saudi Arabia 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: Saudi Arabia International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028
Table 44: Saudi Arabia International Outbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028
Table 45: Saudi Arabia International Outbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028
Table 46: Saudi Arabia Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028
Table 47: Saudi Arabia Digital International Outbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028
Table 48: Saudi Arabia Digital International Outbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028
Table 49: Saudi Arabia Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028
Table 50: Saudi Arabia Mobile International Outbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028
Table 51: Saudi Arabia Mobile International Outbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028
Table 52: Saudi Arabia Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028
Table 53: Saudi Arabia Non-Digital International Outbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028
Table 54: Saudi Arabia 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
List of figures
Figure 1: PayNXT360’s Methodology Framework
Figure 2: Saudi Arabia International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028
Figure 3: Saudi Arabia International Inbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028
Figure 4: Saudi Arabia International Inbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028
Figure 5: Saudi Arabia International Inbound Remittance Market Share Analysis by Transfer Channel – Digital vs Non-Digital, 2023
Figure 6: Saudi Arabia Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028
Figure 7: Saudi Arabia Digital International Inbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028
Figure 8: Saudi Arabia Digital International Inbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028
Figure 9: Saudi Arabia Mobile International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028
Figure 10: Saudi Arabia Mobile International Inbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028
Figure 11: Saudi Arabia Mobile International Inbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028
Figure 12: Saudi Arabia Non-Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028
Figure 13: Saudi Arabia Non-Digital International Inbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028
Figure 14: Saudi Arabia Non-Digital International Inbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028
Figure 15: Saudi Arabia International Inbound Remittance - Analysis by Age Group (%), 2023
Figure 16: Saudi Arabia International Inbound Remittance - Analysis by Occupation (%), 2023
Figure 17: Saudi Arabia International Inbound Remittance - Analysis by Purpose (%), 2023
Figure 18: Saudi Arabia International Inbound Remittance - Analysis by Income (%), 2023
Figure 19: Saudi Arabia International Inbound Remittance Market Share Analysis by Key Countries (%), 2023
Figure 20: Country 1: Digital International Inbound Remittance Transaction Value – Market Size & Forecast by Value (US$ 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: Saudi Arabia International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028
Figure 61: Saudi Arabia International Outbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028
Figure 62: Saudi Arabia International Outbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028
Figure 63: Saudi Arabia International Outbound Remittance Market Share Analysis by Transfer Channel – Digital vs Non-Digital, 2023
Figure 64: Saudi Arabia Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028
Figure 65: Saudi Arabia Digital International Outbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028
Figure 66: Saudi Arabia Digital International Outbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028
Figure 67: Saudi Arabia Mobile International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028
Figure 68: Saudi Arabia Mobile International Outbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028
Figure 69: Saudi Arabia Mobile International Outbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028
Figure 70: Saudi Arabia Non-Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ Million), 2019 – 2028
Figure 71: Saudi Arabia Non-Digital International Outbound Remittance Transaction Volume – Market Size & Forecast by Value (000’), 2019 – 2028
Figure 72: Saudi Arabia Non-Digital International Outbound Remittance Average Value per Transaction – Market Size & Forecast by Value (US$), 2019 – 2028
Figure 73: Saudi Arabia International Outbound Remittance - Analysis by Age Group (%), 2023
Figure 74: Saudi Arabia International Outbound Remittance - Analysis by Occupation (%), 2023
Figure 75: Saudi Arabia International Outbound Remittance - Analysis by Purpose (%), 2023
Figure 76: Saudi Arabia International Outbound Remittance - Analysis by Income (%), 2023
Figure 77: Saudi Arabia International Outbound Remittance Market Share Analysis by Key States/Provinces (%), 2023
Figure 78: State/Province 1: Digital International Outbound Remittance Transaction Value – Market Size & Forecast by Value (US$ 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: Saudi Arabia Remittance – Market Share Analysis by Key Players, 2023
Request a Report
Email This Page to a colleague
Recipient #1
Recipient #2
Recipient #3
Recipient #4
Recipient #5
Want to speak to us directly?

Contact us on live chat or fill out a form with your enquiry

© PayNXT360, All rights reserved | Privacy Policy

Designed & Developed by Cross Atlantic