Why UAE Debt Collection Industry is poised for growth despite the many challenges it faces in a competitive market? : Ken Research In this enlightening whitepaper, we delve into the intricacies of the UAE’s debt collection industry, which has witnessed a formidable surge in growth over the last five years. Amidst this backdrop of remarkable expansion, the industry now confronts a shifting terrain marked by emerging challenges and evolving bottlenecks. But with newer challenges and evolving bottlenecks,… Read More »
What lies ahead for India Crypto Exchange market? : Ken Research This white paper delves into the promising potential of India’s crypto exchange market, by presenting a comprehensive analysis based on extensive primary and secondary research. By examining growth drivers, government actions, and future prospects, this whitepaper aims to provide valuable insights into the evolving landscape of cryptocurrency trading in India. Our research is rooted in… Read More »
With Only A 3% Penetration Rate, Will Credit Card Industry Sustain Growth In India? : Ken Research With the onset of the coronavirus pandemic, contactless payments have seen a huge spurt in demand, which has resulted in increased issuance of debit as well as credit cards in the country. Over the last few years, the credit card industry has grown significantly in India with many developments happening in the space which include… Read More »
Malaysia Automotive Finance market is expected to grow at 3% By 2026: Ken Research The Malaysian automotive industry is the third largest in Southeast Asia, and the 23rd largest in the world, with an annual production output of over 500,000 vehicles. The automotive industry contributes 4% to Malaysia’s GDP. Story outline Increasing middle-class population with higher disposable income drives automotive finance industry Malaysia’s number of vehicle finance population reached~ 33.3 million, emphasizing… Read More »
UAE Debt Collection Market is Expected to Reach More Than AED 5Bn by 2027 Owing to Rise in digital collection techniques and Improvement in UAE legal system related to debt collection, bankruptcy and insolvency: Ken Research UAE Debt Collection Market Ecosystem Tahseel, First Solution Management Service are the market leaders in UAE Debt Collection Market; the market is highly fragmented consisting of many players. The UAE Debt Collection Market is composed of many players which are operating across the borders and not just within the UAE. Digital collections are being extensively… Read More »
UAE Debt Collection Market is in the Growing Stage, Driven by Changing IT Policies and Documentation and Rise in Awareness Due to the COVID-19 Pandemic among the Population: Ken Research The Collection Industry in UAE peaked right before and during the pandemic. Increased amount of lending along with rising defaults presents great opportunities for debt collection. Covid Led Growth: COVID-19 pandemic bough certain challenges for debt collection agencies in terms of worsening the financial situation of debtors leading them to refuse paying their debts. However,… Read More »
Rise in Digital Collection Techniques and Improvement in UAE Legal System Related to Debt Collection Will Boost UAE Debt Collection Market: Ken Research 1.Debt Collection Market in UAE expanded at a CAGR of 11.6% between 2017 and 2022 Interested to Know More about this Report, Request for a sample report The collection industry witnessed increasing growth rates right before and during the COVID-19 pandemic due to a sharp rise in NPL’s, use of technology like digital collection, speech analytics,… Read More »
Remittance flows rose in the Middle East and North Africa (MENA) in 2022, growing an estimated 5% to $620 Bn. Will Remittance Market in MENA region continue to grow? Ken Research One of the major trends is the increasing competition in the Remittance Market, with many new players entering the market and existing players expanding their services. This is driving innovation and improving the quality of remittance services, as providers try to differentiate themselves by offering new features and competitive pricing. 1.Lebanon’s financial crisis worsens Interested… Read More »
Australia Cards and Payment Market is expected to grow at a robust CAGR, owing to the rising of contactless payments as well as the emergence of digital wallets: Ken Research Australia Cards and Payment Market is in the growing stage, owing to the rising of contactless payments, increasing debit card usage and the emergence of digital wallets. The Cards and Payment Industry in Australia is highly fragmented with key players such as CommBank, Westpac, ANZ, NAB and Bendigo and Adelaide Bank etc. To learn more… Read More »
The Global Remittance Market is poised to reach $ 1200 Bn owing to rise in mobile-based payment channels and cross-border transactions. : Ken Research Global Remittance Market Ecosystem Global Remittance Market is concentrated among the top 10 players. Prominent players are pursuing various strategies, such as research & development initiatives, product innovations, joint ventures & strategic partnerships, expansion, and mergers & acquisitions to gain a competitive edge in the market. Market players are focusing on leveraging the capabilities of… Read More »
