Rapid Urbanization, Adoption of Cashless Society, and Emergence of Fintech will drive the growth of India Credit Card Industry at a CAGR of 8.6% during 2022-27: Ken Research Due to increasing digital penetration and urbanization, cash transactions will move to cards and other digital payment modes in the next five years. Going forward, in 2022 we will see a growth in transaction values for both UPI and credit cards as people will shift away from cash. FinTechs have opened up new avenues for… Read More »
Decoding the landscape of International remittance Industry in Saudi Arabia: Ken Research November 2021 The Saudi Arabia Remittance market is anticipated to grow at a CAGR of 2.8% during the forecast period FY’20-FY’25. Growth of digital payments solutions, along with rising fintech ecosystem are further expected to give a boost to numerous entities that facilitate online payments in the country. Opening of the market to allow foreign… Read More »
US Financial Brokerage Market will be Driven by Rise in Dealership Activities and Increasing Adoption of Technology: Ken Research Buy Now The rise in the demand for portfolio management and advisory services coupled with rising in compliance costs due to growing regulatory the environment has driven the financial brokerage market in the US. The report Titled “US Financial Brokerage Market Outlook to 2023 – By Entity (Brokers and Dealers), By Type of Trading Activity (Currency,… Read More »
Nigeria Money Transfer Market Increasing job opportunities, rise in migration, growing number of internet and smart phone users were the key factors driving growth in the remittance and bill payments market in Nigeria. Nigeria is one of the most vibrant economies of Africa. In 2015 it was the 6th largest country in the world in the list of remittance… Read More »
Price Increase Bitcoin Global & Cryptocurrency Trading Industry A cryptocurrency is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies. The first… Read More »
Volume of Bitcoin Trade in Exchanges & Working Model of Digital Currency Global The global crypto currency market augmented positively from USD 10.9 billion on 2nd January 2014 to USD 346.9 billion on 4th December 2017 at a CAGR of 137.7% during 2014-2017. Growth in the crypto currency market has been driven largely by venture capitalists investing in technology infrastructure, and other investors seeking to profit from price… Read More »
Expanding aura of Hungary’s Non life Insurance Market: Ken Research Ken research announced recent publication on, “Non-Life Insurance in Hungary, Key Trends and Opportunities to 2020“. The report provides a detailed outlook by product category for the Hungarian non-life insurance segment, and a comparison of the Hungarian insurance industry with its regional counterparts. It provides values for key performance indicators such as written premium, incurred… Read More »
Customer Segmentation in UK Insurance: Digital Lifestyles : Ken Research Customer Segmentation in UK Insurance: Digital Lifestyles : ken Research Standard demographic analysis often fails to reveal sufficiently deep insight into consumer behavior and the motivations behind this. We have produced an attitudinally based segmentation of the consumer market, and have used this to examine the market for key financial products. One of the eight… Read More »
Asia-Pacific Mobile Money Industry Prospects till 2019 – China and India to Bolster Growth The mobile payments market in Asia Pacific region is relatively varied and highly fragmented. It consists of a diverse set of both developed and developing markets with different payment ecosystems and contexts which ranges widely in terms of established and modern telecommunications, retail and transport infrastructure, number of unbanked and under-banked customers, economic status and… Read More »
Philippines Domestic and International Money Transfer Industry Outlook to 2019 – Driven by Mobile Money and Increase in OFWs Philippines international remittance market is expected to reach USD 36 billion by 2019 Philippines domestic remittance market is expected to reach USD 8,814.5 million by 2019 Future growth of the remittance market is expected to be lead by mobile money transfers and regions such as the US and Saudi Arabia Major banks include Banco de… Read More »