Free comparison contrast essayBy: Alan
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Chinese Software Revenue to Surge at 30% by 2012
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According to our new research report, “China Software Market Forecast to 2012”, the total revenue from software products in China is forecasted to grow at a CAGR of more than 30% by 2012, making it the most promising segment in terms of future growth. In 2008, the revenue from software products stood at more than 316 Billion Yuan. With a market share of around 42% in 2008, this segment continues to dominate the Chinese software industry revenue.
The report attributes this dominance to the booming Chinese economy coupled with rapid industrialization, which has been compelling companies to migrate from their traditional business practices to IT-enabled solutions. “This rapid transformation is resulting into growing demand for various kinds of application and system software products in China, making it the largest revenue generator for the Chinese software industry”, says a Senior Research Analyst at RNCOS. Various vertical segments, including government, retail, manufacturing, healthcare, telecommunication, have emerged as the potential consumers of software products in China.
At a regional level, our research shows that Guangdong surpassed Beijing in 2008 by generating more than 101 Billion Yuan in software products revenue. Moreover, several other regions such as Inner zone and Shaanxi Province have reported unprecedented growth. The Analyst also added “With more and more SMBs expected to use IT-enabled business solutions to cut conventional costs amidst economic downturn, it will add to the burgeoning demand for software products in the country”.
In addition, “China Software Market Forecast to 2012” studies the Chinese software industry by segregating it into revenue from various segments, including revenue from systems integration, embedded system software, software technology services and IC designing. It contains extensive research on each of these segments, covering the future growth potential along with rationale reasoning.
It also provides an insight into the software industry by verticals and studies the key opportunity areas that have emerged due to the fast growth in the Chinese software industry.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM005.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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Hong Kong Insurance Market to 2013
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Hong Kong is one of the most dynamic insurance markets in the world. Its geographic location, credible legal system and effective regulatory framework have helped it to become a leading insurance centre in Asia that has attracted many of the world’s top insurers, says a new research report “Hong Kong Insurance Market to 2013” from a world class research provider RNCOS.
Demand for insurance products has been rising rapidly in recent years, and is expected to continue growing substantially during our forecast period (2009-2013). There will not be any significant impact of the economic turmoil on the market as consumers have not stopped buying insurance products but simply changed their choices for insurance products. They are now opting for less risky products which have least exposure to the open markets. Thus, the decline in demand for investment-linked products is being offset by increase in traditional (non-linked) insurance products up to some extent.
Gross premium income has witnessed double-digit annual growth rates since 1990s, rising by 26.5% in 2007 on YOY basis. The market is strongly biased towards long-term insurance, which accounts for over 86% of the market, while general insurance premium make up 14%, as on 2008 end.
The report provides extensive research and rational analysis of the insurance industry in Hong Kong. The report thoroughly examines the current industry trends which are adding to the growth of the insurance industry. The report also gives future outlook considering the possible impact of recession on various segments of the industry.
The report also features forecast (2009-2013) on premium of following insurance branches/sub-branches:
- Long-term Insurance
- Life & Annuity
- Retirement Scheme
- General Insurance
- Accident & Health
- General Liability
- Property
- Motor
The forecast given in this report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move. This forecast is based on correlations between past market growth and growth of base drivers.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM027.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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Booming Consumer Electronics Market in India
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India has an increasingly affluent middle class population that, on the back of rapid economic growth, has made the country’s consumer electronics industry highly dynamic. The industry has been witnessing significant growth in recent years due to several factors, such as retail boom, growing disposable income and availability of easy finance schemes. But still, the consumer electronics goods, like refrigerators, microwave and washing machines have low penetration in the country, representing vast room for future growth. This is attracting many foreign majors to the country, says our new research "Booming Consumer Electronics Market in India”.
The report finds that since the penetration of several products like TVs and refrigerators are reaching saturation in the urban areas, the markets for these products are shifting to the semi-urban and rural areas.
This analytical research thoroughly evaluates the Indian consumer electronics industry. It briefly discusses about the current and emerging trends in the industry, underlining the future potential areas and key issues crucial for the industry development.
"Booming Consumer Electronics Market in India” offers extensive research on various consumer electronics products that are broadly classified as home appliances, audio/video appliances, mobile handsets, and PC market. It provides an insight into the emerging and potential future trend in all the categories and highlights the key strategies that need to be worked upon to get success in the highly competitive industry.
The report thoroughly analyzes the historic performance and future prospects, offering 4-year industry forecast, of following consumer electronics products:
- Washing Machines (Semi-automatic & Fully Automatic)
- Television
- Set-top Box
- Refrigerator (Frost-free & Direct Cool)
- Air Conditioner
- Microwave Oven
- MP3 Players
- Digital Camera & Camcorder
- Mobile Handsets
- PCs (Desktop & Notebook)
Key Research Findings:
- Propelled by growing middle class population, changing lifestyle and rapid urbanization, the Indian consumer electronics industry is forecasted to grow at a rapid rate of 10% to 12% in the coming few years.
- Volume sales of washing machine will be driven by growth in fully automatic category during 2008-09 to 2011-12.
- The market for televisions in India is changing rapidly from the conventional CRT technology to Flat Panel Display Televisions (FPTV). Currently, the split between CRT and FPTV is around 97% and 3% respectively, and the share of FPTV is projected to increase at robust rate in near future.
- Frost-free refrigerator sales, certainly growing at a much faster pace than the direct-cool category, are anticipated to drive the Indian refrigerators market over the forecast period.
- The AC market in India is projected to grow at 30% to 35% for the coming few years.
- Driven by young population, demand for MP3 players and digital video appliances are anticipated to surge at double-digit rate in near future.
- The low penetration level of consumer electronics goods coupled with increasing preference for comfort and luxurious goods are widely attracting the foreign as well as domestic players to the industry.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM157.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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RNCOS New Report- Wind Power: Opportunities in Emerging Markets
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RNCOS has recently added a new Market Research Report titled, "Wind Power: Opportunities in Emerging Markets" to its report gallery. Power is the backbone of any economy in today’s world. But the high price of fossil fuel is forcing countries to focus on renewable energy sources. So the technologically-developed countries have replaced a considerable portion of their fossil fuel power with renewable sources to sustain their concrete growth. But, according to "Wind Power: Opportunities in Emerging Markets", emerging countries, who have just started their journeys, too need to maintain a robust power supply because
- Most of the emerging economies are preferred destinations for industrial and manufacturing plant set up by developed countries.
- Development of power grid connectivity has boosted up the power consumption.
- Increasing population has fuelled the power requirement in developing economies.
However, rising fossil fuel prices are challenging the growth potential of these countries. Therefore, like developed countries, these nations too are adding renewable sources in their power mix.
For most of the emerging countries, wind power seems to be the best choice as it is relatively low cost than other renewable sources and is a cleaner source of energy. With technological development, wind will become a highly competitive source for power generation, creating business opportunities for manufacturing and material innovations. This, in turn, will boost the manufacturing sector of the emerging countries.
To analyze the market potential for wind industry in the emerging economies, we have selected countries based on various aspects, like market performance and power generation sources. This report also provides a brief description on key turbine manufacturing companies present in the emerging economies.
Key Findings of the Report
- Total wind power installation in People’s Republic of China is projected to cross 100 GW by the end of 2020.
- Wind power industry will be the major focus area in India during its 11th Five Year Plan.
- By the end of 2009, wind power installation in Turkey is anticipated to reach slightly less than 1 GW.
- In 2009, Brazil’s cumulative wind power installation is likely to exceed 1 GW mark.
- It is expected that the wind power generation in Poland will go beyond 26 TWH by the end of 2020.
- Egypt’s wind power installation is projected to cross 1 GW mark in 2009.
Key Issues and Facts Analyzed in the Report
- Analysis of the power industry at country level to find out the prospects of industry growth.
- Identification of factors that are infusing growth in wind industry at country level.
- Evaluation of growth trends of wind power installation.
- Quantifying the future growth of wind power installation in each country.
Research Methodology Used in the Report
Information Sources
The information has been compiled from various authentic and reliable sources like books, newspapers, trade journals, white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and access to more than 3000 paid databases.
Analysis Method
RNCOS industry forecast and analysis is based on various macro- and microeconomic factors, sector and industry specific databases, and our in-house statistical and analytical model. This model takes into account the past and current trends in an economy, and more specifically in an industry, to bring out an objective market analysis.
Our industry experts study the relationship between various industry and economic variables to ensure the required accuracy and desired check on the quality of data and information given in the report.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM158.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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Biometrics Intruding into Public, Private Sectors for Identity Recognition
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The global biometric market is estimated to have closed at nearly US$ 3 Billion in 2007, and is projected to grow at a CAGR of more than 20% by 2012, said “Global Biometric Forecast to 2012”, a new research report by RNCOS.
Over the last few years, biometrics has transformed in past few years from a technology used in a narrow band of closed environment applications into useful, feasible and fit-for-purpose tool used in various industries and applications. Moreover, as the technology offers accurate, reliable and cost-effective ways to improve security surveillance, the adoption of biometrics in both private and public sectors globally has gone up significantly.
According to the RNCOS research, rising security concerns, such as individual identity theft, and corporate and national security, are the key factors boosting growth of the biometric market. Thus, an increasing number of countries are using biometrics to identify their citizens. Besides, new anti-terrorist legislation in the US forced the government to mandate the use of biometrics in visa and passport, resulting in drastic growth of the global biometric market. Realizing the sensitivity of the issue of national security, many other governments are also following the same.
With rising use of key biometric technologies like hand geometry, iris technology and finger recognition by the government, the global biometric market is expected to witness moderate growth in coming years, said the report.
“Global Biometric Forecast to 2012” provides comprehensive information on various biometric technologies as well as their rising applications in different areas. It also contextualizes the role of technology in improving the security of both private and public sectors. It highlights the countries paying a great deal of attention to the application of biometric technology across a wide range of industries.
In addition, the report thoroughly analyzes the global biometric market and discusses its current and future scenario on the basis of regions. It underlines the future potential areas and key issues critical for the development of the market. The report also gives forecast on biometric by technology, biometric by application and biometric by region.
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