Mobile money is an emerging concept in the global market which represents a profitable opportunity with a massive social impact by allowing customers to access services which can help them to effectively manage their day to day routines. It also presents crucial commercial prospects for the companies to pursue this strategy as the prospective channel for establishing direct connection with the customers and achieve future growth. The prime benefits of usage of mobile money include lower costs, faster speeds and ease of accessibility. This is of crucial importance in the third world countries, where technology sublimation has fostered a rather well-built mobile infrastructure and services have witnessed immense traction in the number of users. The development of various mobile financial services including mobile insurance, mobile credit and savings has enabled service providers to extend their reach of the product offerings through alternate channels. The mobile insurance industry has been gaining foothold in the recent years, supported by the involvement of specialist intermediaries, which have created commercial and partnership models which have been accelerating product launches. In 2009, Asia Pacific accounted for the highest number of mobile payment users worldwide, followed by Europe and North America. Consequently, the region also noted the highest share in the transactions being operated through mobile devices, which was registered at 71.2% in 2009. The value of the mobile money transactions in North America has expanded at a CAGR of 35.8%. North America mobile payment market is extremely fragmented and cumbersome, featured with technological splits and battling business models. Europe registered a share of 6.7% in global mobile money transitions, as observed in 2009, which has fell down to only 1.1%. The estimated value of transactions processed via mobiles in Europe was registered at USD 51.2 billion. The Latin American mobile payments …
Global Digital Camera Industry Outlook to 2017- Emerging Markets, Next Big Destination for DSC Manufacturers
Global Digital Camera Industry Outlook to 2017 – Emerging Markets, Next Big Destination for DSC Manufacturers’ provides a comprehensive analysis of the various aspects such as market size, segmentation, trends and developments and future projections of the Compact Point & Shoots, DSLRs and Mirrorless Interchangeable Lens Cameras (MILCs) as key segments of the market. The report also provides detailed explanation of the various macro and industry factors which are driving the growth of the market for these three segments of digital cameras across four regions – Asia, Europe North America and Latin America and various countries in these regions. Additionally, it also covers market share and company profiles of major players operating in the digital camera market across various markets in the world. The demand of the digital cameras is rapidly shifting from the developed countries to the emerging nations. The reason behind the shift in demand is because in developed countries demand for digital camera is reaching maturity stage with high ownership level of digital cameras among the consumers. Conversely, the penetration level of digital cameras is very low in emerging economies such as India and Brazil which is resulting in growing demand from the first time buyers. The shipment of the digital cameras globally has grown at a CAGR of 3% during 2006-2012, where shipments of ~ million units were recorded in 2012 which increased from ~ million units in 2006. The global digital camera market has experienced a marginal growth during last six years majorly because of the declining consumer demand in the developed countries, economic slowdown in the European region and negative impact of the growing smartphone adoption by the consumers worldwide. The market is dominated by Asia which accounts for ~% of the shipments in 2012 of the digital camera market worldwide. This is followed by Europe which represents ~% of the shipments of the digital cameras made globally. North …
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Africa Mobile Payments Industry Outlook to 2019 – Growth Led By Governmental Support and Mobile Network Operators
Africa Mobile Money Industry Outlook to 2019 - Growth Led By Governmental Support and Mobile Network Operators” provides an in-depth analysis of the Mobile Money Industry. The report covers specific insights on the market size in terms of global and Africa mobile money market value, region and product wise segmentation, value chain analysis, business models, recent trends and developments and future outlook of the mobile money Industry at the global and regional level. The report also entails a detailed description of the prominent and emerging geographic markets of the region including Kenya, Tanzania, Uganda and others. Mobile money has been responsible for bringing about a significant transformation in the conduct of financial activities by banked and previously unbanked people in the emerging markets. These services play a pivotal role in broadening the reach of formal financial services to the unbanked and financially underserved population in emerging economies. The mobile money industry across the world has been continuously growing and expanding across various regions. The traction of the market is more aptly visible in the developing third world countries as compared to developed countries such as the US. For example, Africa accounted for nearly ~% of the world’s active mobile money customers in 2013. Africa has been one of the early adopters of the mobile money in the world with the value of transactions growing at a CAGR of ~% over the period of 2009-2014. With nearly ~% of the m-payment transactions originating in East-Africa, this region leads the African market of m-payments. The success story of the Africa mobile payments industry is best exemplified by M-PESA. At the end of 2013, M-PESA was evaluated to have over ~ million subscribers with ~ million active customers. M-PESA is primarily used for sending, withdrawing and depositing cash, which noted more than USD ~billion worth of person-to-person transactions in 2013, with average monthly …
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South Africa Education Market Research Report 2015: Ken Research
South Africa Education Market Outlook to 2015 – Opportunities in the Online Education and Teacher Training Market” provides a comprehensive analysis on various aspects such as market size of pre-primary, primary, secondary and higher education sector on the basis of learners, educators, educational institutions, total tuition fees spending. The report also entails market size of private tutoring, online education, teacher training and ICT segment and trends & developments in South Africa education system. The future projections are included to provide an insight on the prospects in the South African Education Market. South Africa education industry offers numerous growth prospects and opportunities in terms of the increase in the number of learners, educators and educational institutions. This sector has witnessed an enrollment of ~ learners in 2010. The industry is still at a nascent stage and has a huge scope for growth. The education sector is highly controlled by the state and central governments. Total number of learners in the industry is expected to reach ~ by FY’2015 with tuition fee spending of USD ~million. Pre-primary education is the education undertaken before entering grade R or Grade 0. Only a small proportion of children attend pre-primary schools due to diminutive provision by provinces, especially children below the age of 3 years. In 2010, Around USD ~ million was spent on pre-primary education as total tuition fees. The pre primary segment is expected to grow in the future attributed to the rising inclination of parents towards educating children from a young age. South Africa’s primary education sector consists of Grade R to Grade 7. Grade R is the reception year of a learner which precedes Grade 1 Primary education is the largest sector in the South Africa education system with maximum number of learners as compared to other segments. This sector held a share of around ~% of the total learners in South Africa in 2010. Secondary …
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Global Animal Health Market Outlook to 2018: Research Report
Global Animal Health Market Outlook to 2018 – Increasing Meat Consumption to Spur Demand for Animal Health Products” provides a detailed overview of animal health market in the world and covers various aspects such as market size of global animal health industry. Additionally the report includes segmentation on the basis of products (Pharmaceuticals, Vaccines and Animal Feed Additives), species (Farm and Companion Animals) and geography (Asia-Pacific, Europe, North America, Latin America and Rest of the World) for animal health market. The report also entails the market share of the major players in global animal health market. An analysis of the future scenario for global animal health market is also provided on the basis of revenue over the next five years. The global animal health market was valued at USD ~ billion 2008 which grew at a CAGR of 3.34% to reach USD ~ billion in 2013. The growth of this industry has been influenced by the opportunities in all categories of animal health care products such as pharmaceuticals, vaccines and medical feed additives. The increasing global population along with an increase in the personal disposable income acted as a catalyst for the development of this industry. Additionally, factors such as the rising awareness for pet health worldwide have led to increased expenditure on veterinary care, due to the rising household incomes. The global animal feed additives segment recorded an annual growth rate of 3.11%, rising from USD ~ billion in 2008 to ~ billion in 2013. Feed additives are usually used by farm owners so as to increase the productivity of food producing animals such as cattle and poultry. In tandem with the increased demand for animal protein, demand for feed additives by the farm owners has also registered an incline, thereby guiding the growth of this segment. The percentage contribution by animal feed additives to the overall global animal health market was 12% in 2013. North America has been leading the …