This research report provides a comprehensive analysis of the Mobile Remittance Service market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Mobile Remittance Service market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Mobile Remittance Service, challenges faced by the industry, and potential opportunities for market players.
The global Mobile Remittance Service market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Mobile Remittance Service market presents opportunities for various stakeholders, including Migrant Labor Workforce, Low-income Households. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Mobile Remittance Service market. Additionally, the growing consumer demand present avenues for market expansion.
The global Mobile Remittance Service market was valued at US$ 5970.7 million in 2023 and is projected to reach US$ 9120.8 million by 2030, at a CAGR of 5.8% during the forecast period.
The growth of the digital remittance market is driven by rise in digitization & automation, reduced remittance cost & transfer time, and growth in adoption of banking & financial services. Furthermore, regulatory initiatives that encourage all financial institutions to become more transparent and nurture richer ecosystems of data & partners supplement the market growth. However, lack of awareness & guidance is a major factor that restrains people from opting for digital remittance transfer mode. Increase in access of financial services such as basic bank accounts among remittance recipients and rise in internet usage offer growth opportunities for the market.
Key Features:
The research report on the Mobile Remittance Service market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Mobile Remittance Service market.
Market Overview: The report provides a comprehensive overview of the Mobile Remittance Service market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Banks, Money Transfer Operators), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
Market Dynamics: The report analyses the market dynamics driving the growth and development of the Mobile Remittance Service market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Mobile Remittance Service market's trajectory.
Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Mobile Remittance Service market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
Market Segmentation and Forecast: The report segment the Mobile Remittance Service market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
Technological Trends: The report should highlight the key technological trends shaping the Mobile Remittance Service market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Mobile Remittance Service market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Mobile Remittance Service, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Mobile Remittance Service market.
Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
Mobile Remittance Service market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Banks
Money Transfer Operators
Others
Market segment by Application
Migrant Labor Workforce
Low-income Households
Small Businesses
Others
Global Mobile Remittance Service Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Major players covered
Mobetize Corp.
Remitly
Regalii
peerTransfer
Currency Cloud
Azimo
WorldRemit
TransferWise
Ripple
MoneyGram
Outline of Major Chapters:
Chapter 1: Introduces the definition of Mobile Remittance Service, market overview.
Chapter 2: Global Mobile Remittance Service market size in revenue.
Chapter 3: Detailed analysis of Mobile Remittance Service company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Mobile Remittance Service in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Mobile Remittance Service Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Mobile Remittance Service Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Mobile Remittance Service Overall Market Size
2.1 Global Mobile Remittance Service Market Size: 2023 VS 2030
2.2 Global Mobile Remittance Service Market Size, Prospects & Forecasts: 2019-2030
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Mobile Remittance Service Players in Global Market
3.2 Top Global Mobile Remittance Service Companies Ranked by Revenue
3.3 Global Mobile Remittance Service Revenue by Companies
3.4 Top 3 and Top 5 Mobile Remittance Service Companies in Global Market, by Revenue in 2023
3.5 Global Companies Mobile Remittance Service Product Type
3.6 Tier 1, Tier 2 and Tier 3 Mobile Remittance Service Players in Global Market
3.6.1 List of Global Tier 1 Mobile Remittance Service Companies
3.6.2 List of Global Tier 2 and Tier 3 Mobile Remittance Service Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Mobile Remittance Service Market Size Markets, 2023 & 2030
4.1.2 Banks
4.1.3 Money Transfer Operators
4.1.4 Others
4.2 By Type - Global Mobile Remittance Service Revenue & Forecasts
4.2.1 By Type - Global Mobile Remittance Service Revenue, 2019-2024
4.2.2 By Type - Global Mobile Remittance Service Revenue, 2025-2030
4.2.3 By Type - Global Mobile Remittance Service Revenue Market Share, 2019-2030
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Mobile Remittance Service Market Size, 2023 & 2030
5.1.2 Migrant Labor Workforce
5.1.3 Low-income Households
5.1.4 Small Businesses
5.1.5 Others
5.2 By Application - Global Mobile Remittance Service Revenue & Forecasts
5.2.1 By Application - Global Mobile Remittance Service Revenue, 2019-2024
5.2.2 By Application - Global Mobile Remittance Service Revenue, 2025-2030
5.2.3 By Application - Global Mobile Remittance Service Revenue Market Share, 2019-2030
6 Sights by Region
6.1 By Region - Global Mobile Remittance Service Market Size, 2023 & 2030
6.2 By Region - Global Mobile Remittance Service Revenue & Forecasts
6.2.1 By Region - Global Mobile Remittance Service Revenue, 2019-2024
6.2.2 By Region - Global Mobile Remittance Service Revenue, 2025-2030
6.2.3 By Region - Global Mobile Remittance Service Revenue Market Share, 2019-2030
6.3 North America
6.3.1 By Country - North America Mobile Remittance Service Revenue, 2019-2030
6.3.2 US Mobile Remittance Service Market Size, 2019-2030
6.3.3 Canada Mobile Remittance Service Market Size, 2019-2030
6.3.4 Mexico Mobile Remittance Service Market Size, 2019-2030
6.4 Europe
6.4.1 By Country - Europe Mobile Remittance Service Revenue, 2019-2030
6.4.2 Germany Mobile Remittance Service Market Size, 2019-2030
6.4.3 France Mobile Remittance Service Market Size, 2019-2030
6.4.4 U.K. Mobile Remittance Service Market Size, 2019-2030
6.4.5 Italy Mobile Remittance Service Market Size, 2019-2030
6.4.6 Russia Mobile Remittance Service Market Size, 2019-2030
6.4.7 Nordic Countries Mobile Remittance Service Market Size, 2019-2030
6.4.8 Benelux Mobile Remittance Service Market Size, 2019-2030
6.5 Asia
6.5.1 By Region - Asia Mobile Remittance Service Revenue, 2019-2030
6.5.2 China Mobile Remittance Service Market Size, 2019-2030
6.5.3 Japan Mobile Remittance Service Market Size, 2019-2030
6.5.4 South Korea Mobile Remittance Service Market Size, 2019-2030
6.5.5 Southeast Asia Mobile Remittance Service Market Size, 2019-2030
6.5.6 India Mobile Remittance Service Market Size, 2019-2030
6.6 South America
6.6.1 By Country - South America Mobile Remittance Service Revenue, 2019-2030
6.6.2 Brazil Mobile Remittance Service Market Size, 2019-2030
6.6.3 Argentina Mobile Remittance Service Market Size, 2019-2030
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Mobile Remittance Service Revenue, 2019-2030
6.7.2 Turkey Mobile Remittance Service Market Size, 2019-2030
6.7.3 Israel Mobile Remittance Service Market Size, 2019-2030
6.7.4 Saudi Arabia Mobile Remittance Service Market Size, 2019-2030
6.7.5 UAE Mobile Remittance Service Market Size, 2019-2030
7 Mobile Remittance Service Companies Profiles
7.1 Mobetize Corp.
7.1.1 Mobetize Corp. Company Summary
7.1.2 Mobetize Corp. Business Overview
7.1.3 Mobetize Corp. Mobile Remittance Service Major Product Offerings
7.1.4 Mobetize Corp. Mobile Remittance Service Revenue in Global Market (2019-2024)
7.1.5 Mobetize Corp. Key News & Latest Developments
7.2 Remitly
7.2.1 Remitly Company Summary
7.2.2 Remitly Business Overview
7.2.3 Remitly Mobile Remittance Service Major Product Offerings
7.2.4 Remitly Mobile Remittance Service Revenue in Global Market (2019-2024)
7.2.5 Remitly Key News & Latest Developments
7.3 Regalii
7.3.1 Regalii Company Summary
7.3.2 Regalii Business Overview
7.3.3 Regalii Mobile Remittance Service Major Product Offerings
7.3.4 Regalii Mobile Remittance Service Revenue in Global Market (2019-2024)
7.3.5 Regalii Key News & Latest Developments
7.4 peerTransfer
7.4.1 peerTransfer Company Summary
7.4.2 peerTransfer Business Overview
7.4.3 peerTransfer Mobile Remittance Service Major Product Offerings
7.4.4 peerTransfer Mobile Remittance Service Revenue in Global Market (2019-2024)
7.4.5 peerTransfer Key News & Latest Developments
7.5 Currency Cloud
7.5.1 Currency Cloud Company Summary
7.5.2 Currency Cloud Business Overview
7.5.3 Currency Cloud Mobile Remittance Service Major Product Offerings
7.5.4 Currency Cloud Mobile Remittance Service Revenue in Global Market (2019-2024)
7.5.5 Currency Cloud Key News & Latest Developments
7.6 Azimo
7.6.1 Azimo Company Summary
7.6.2 Azimo Business Overview
7.6.3 Azimo Mobile Remittance Service Major Product Offerings
7.6.4 Azimo Mobile Remittance Service Revenue in Global Market (2019-2024)
7.6.5 Azimo Key News & Latest Developments
7.7 WorldRemit
7.7.1 WorldRemit Company Summary
7.7.2 WorldRemit Business Overview
7.7.3 WorldRemit Mobile Remittance Service Major Product Offerings
7.7.4 WorldRemit Mobile Remittance Service Revenue in Global Market (2019-2024)
7.7.5 WorldRemit Key News & Latest Developments
7.8 TransferWise
7.8.1 TransferWise Company Summary
7.8.2 TransferWise Business Overview
7.8.3 TransferWise Mobile Remittance Service Major Product Offerings
7.8.4 TransferWise Mobile Remittance Service Revenue in Global Market (2019-2024)
7.8.5 TransferWise Key News & Latest Developments
7.9 Ripple
7.9.1 Ripple Company Summary
7.9.2 Ripple Business Overview
7.9.3 Ripple Mobile Remittance Service Major Product Offerings
7.9.4 Ripple Mobile Remittance Service Revenue in Global Market (2019-2024)
7.9.5 Ripple Key News & Latest Developments
7.10 MoneyGram
7.10.1 MoneyGram Company Summary
7.10.2 MoneyGram Business Overview
7.10.3 MoneyGram Mobile Remittance Service Major Product Offerings
7.10.4 MoneyGram Mobile Remittance Service Revenue in Global Market (2019-2024)
7.10.5 MoneyGram Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Mobile Remittance Service Market Opportunities & Trends in Global Market
Table 2. Mobile Remittance Service Market Drivers in Global Market
Table 3. Mobile Remittance Service Market Restraints in Global Market
Table 4. Key Players of Mobile Remittance Service in Global Market
Table 5. Top Mobile Remittance Service Players in Global Market, Ranking by Revenue (2023)
Table 6. Global Mobile Remittance Service Revenue by Companies, (US$, Mn), 2019-2024
Table 7. Global Mobile Remittance Service Revenue Share by Companies, 2019-2024
Table 8. Global Companies Mobile Remittance Service Product Type
Table 9. List of Global Tier 1 Mobile Remittance Service Companies, Revenue (US$, Mn) in 2023 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Mobile Remittance Service Companies, Revenue (US$, Mn) in 2023 and Market Share
Table 11. By Type ? Global Mobile Remittance Service Revenue, (US$, Mn), 2023 & 2030
Table 12. By Type - Mobile Remittance Service Revenue in Global (US$, Mn), 2019-2024
Table 13. By Type - Mobile Remittance Service Revenue in Global (US$, Mn), 2025-2030
Table 14. By Application ? Global Mobile Remittance Service Revenue, (US$, Mn), 2023 & 2030
Table 15. By Application - Mobile Remittance Service Revenue in Global (US$, Mn), 2019-2024
Table 16. By Application - Mobile Remittance Service Revenue in Global (US$, Mn), 2025-2030
Table 17. By Region ? Global Mobile Remittance Service Revenue, (US$, Mn), 2023 & 2030
Table 18. By Region - Global Mobile Remittance Service Revenue (US$, Mn), 2019-2024
Table 19. By Region - Global Mobile Remittance Service Revenue (US$, Mn), 2025-2030
Table 20. By Country - North America Mobile Remittance Service Revenue, (US$, Mn), 2019-2024
Table 21. By Country - North America Mobile Remittance Service Revenue, (US$, Mn), 2025-2030
Table 22. By Country - Europe Mobile Remittance Service Revenue, (US$, Mn), 2019-2024
Table 23. By Country - Europe Mobile Remittance Service Revenue, (US$, Mn), 2025-2030
Table 24. By Region - Asia Mobile Remittance Service Revenue, (US$, Mn), 2019-2024
Table 25. By Region - Asia Mobile Remittance Service Revenue, (US$, Mn), 2025-2030
Table 26. By Country - South America Mobile Remittance Service Revenue, (US$, Mn), 2019-2024
Table 27. By Country - South America Mobile Remittance Service Revenue, (US$, Mn), 2025-2030
Table 28. By Country - Middle East & Africa Mobile Remittance Service Revenue, (US$, Mn), 2019-2024
Table 29. By Country - Middle East & Africa Mobile Remittance Service Revenue, (US$, Mn), 2025-2030
Table 30. Mobetize Corp. Company Summary
Table 31. Mobetize Corp. Mobile Remittance Service Product Offerings
Table 32. Mobetize Corp. Mobile Remittance Service Revenue (US$, Mn) & (2019-2024)
Table 33. Mobetize Corp. Key News & Latest Developments
Table 34. Remitly Company Summary
Table 35. Remitly Mobile Remittance Service Product Offerings
Table 36. Remitly Mobile Remittance Service Revenue (US$, Mn) & (2019-2024)
Table 37. Remitly Key News & Latest Developments
Table 38. Regalii Company Summary
Table 39. Regalii Mobile Remittance Service Product Offerings
Table 40. Regalii Mobile Remittance Service Revenue (US$, Mn) & (2019-2024)
Table 41. Regalii Key News & Latest Developments
Table 42. peerTransfer Company Summary
Table 43. peerTransfer Mobile Remittance Service Product Offerings
Table 44. peerTransfer Mobile Remittance Service Revenue (US$, Mn) & (2019-2024)
Table 45. peerTransfer Key News & Latest Developments
Table 46. Currency Cloud Company Summary
Table 47. Currency Cloud Mobile Remittance Service Product Offerings
Table 48. Currency Cloud Mobile Remittance Service Revenue (US$, Mn) & (2019-2024)
Table 49. Currency Cloud Key News & Latest Developments
Table 50. Azimo Company Summary
Table 51. Azimo Mobile Remittance Service Product Offerings
Table 52. Azimo Mobile Remittance Service Revenue (US$, Mn) & (2019-2024)
Table 53. Azimo Key News & Latest Developments
Table 54. WorldRemit Company Summary
Table 55. WorldRemit Mobile Remittance Service Product Offerings
Table 56. WorldRemit Mobile Remittance Service Revenue (US$, Mn) & (2019-2024)
Table 57. WorldRemit Key News & Latest Developments
Table 58. TransferWise Company Summary
Table 59. TransferWise Mobile Remittance Service Product Offerings
Table 60. TransferWise Mobile Remittance Service Revenue (US$, Mn) & (2019-2024)
Table 61. TransferWise Key News & Latest Developments
Table 62. Ripple Company Summary
Table 63. Ripple Mobile Remittance Service Product Offerings
Table 64. Ripple Mobile Remittance Service Revenue (US$, Mn) & (2019-2024)
Table 65. Ripple Key News & Latest Developments
Table 66. MoneyGram Company Summary
Table 67. MoneyGram Mobile Remittance Service Product Offerings
Table 68. MoneyGram Mobile Remittance Service Revenue (US$, Mn) & (2019-2024)
Table 69. MoneyGram Key News & Latest Developments
List of Figures
Figure 1. Mobile Remittance Service Segment by Type in 2023
Figure 2. Mobile Remittance Service Segment by Application in 2023
Figure 3. Global Mobile Remittance Service Market Overview: 2023
Figure 4. Key Caveats
Figure 5. Global Mobile Remittance Service Market Size: 2023 VS 2030 (US$, Mn)
Figure 6. Global Mobile Remittance Service Revenue, 2019-2030 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Mobile Remittance Service Revenue in 2023
Figure 8. By Type - Global Mobile Remittance Service Revenue Market Share, 2019-2030
Figure 9. By Application - Global Mobile Remittance Service Revenue Market Share, 2019-2030
Figure 10. By Type - Global Mobile Remittance Service Revenue, (US$, Mn), 2023 & 2030
Figure 11. By Type - Global Mobile Remittance Service Revenue Market Share, 2019-2030
Figure 12. By Application - Global Mobile Remittance Service Revenue, (US$, Mn), 2023 & 2030
Figure 13. By Application - Global Mobile Remittance Service Revenue Market Share, 2019-2030
Figure 14. By Region - Global Mobile Remittance Service Revenue Market Share, 2019-2030
Figure 15. By Country - North America Mobile Remittance Service Revenue Market Share, 2019-2030
Figure 16. US Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 17. Canada Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 18. Mexico Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 19. By Country - Europe Mobile Remittance Service Revenue Market Share, 2019-2030
Figure 20. Germany Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 21. France Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 22. U.K. Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 23. Italy Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 24. Russia Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 25. Nordic Countries Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 26. Benelux Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 27. By Region - Asia Mobile Remittance Service Revenue Market Share, 2019-2030
Figure 28. China Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 29. Japan Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 30. South Korea Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 31. Southeast Asia Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 32. India Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 33. By Country - South America Mobile Remittance Service Revenue Market Share, 2019-2030
Figure 34. Brazil Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 35. Argentina Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 36. By Country - Middle East & Africa Mobile Remittance Service Revenue Market Share, 2019-2030
Figure 37. Turkey Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 38. Israel Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 39. Saudi Arabia Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 40. UAE Mobile Remittance Service Revenue, (US$, Mn), 2019-2030
Figure 41. Mobetize Corp. Mobile Remittance Service Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 42. Remitly Mobile Remittance Service Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 43. Regalii Mobile Remittance Service Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 44. peerTransfer Mobile Remittance Service Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 45. Currency Cloud Mobile Remittance Service Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 46. Azimo Mobile Remittance Service Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 47. WorldRemit Mobile Remittance Service Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 48. TransferWise Mobile Remittance Service Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 49. Ripple Mobile Remittance Service Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 50. MoneyGram Mobile Remittance Service Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
