RNCOS Releases a New Report- Global Credit Card Industry - Emerging MarketsBy: Shushmul Maheshwari
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RNCOS Releases a New Report- Global Credit Card Industry - Emerging Markets
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RNCOS has recently added a new Market Research Report titled, “Global Credit Card Industry - Emerging Markets” to its report gallery. Our new research report, “Global Credit Card Industry - Emerging Markets”, states that with changing consumer spending patterns, the credit card market in emerging economies has expanded rapidly in recent years. For instance, between 2004 and 2007, the number of credit cards in Brazil and Mexico more than doubled, while the number of cards in circulation in Poland tripled.
Outstanding credit card debt in India tripled over the same period. In China, growth in the number of credit cards averaged just over 23% from 2004 to 2007, and then surged to nearly 93% in the first half of 2008.
We strongly believe that this growth trend will continue in near future as well, with a small deceleration in effect of global financial turmoil and credit squeeze. Bankers will also be a little more conscious while doing risk evaluation of credit card applicants. But the overall trend will remain positive.
The baseline for this optimistic future outlook is that governments in most of the emerging countries are encouraging credit cards usage to cut the operating cost and to avoid tax delinquencies. Consumers also prefer use of credit cards as they are safer to carry and provide credit facility as well. Beside this, there are many other benefits like reward points and discounts by merchants as well as bankers which lure customers to shop by credit cards.
This report provides extensive research and in-depth analysis on the emerging credit card markets. It will help clients to analyze the leading-edge opportunities critical to the success of emerging credit card markets. Detailed data and analysis will help the players to navigate through the evolving credit card markets in the world.
Our research provides forecast on
- Number of credit cards in China, 2008 & 2012
- Credit cards purchases in India, 2008-09 to 2011-12
- Credit cards spending in South Korea, 2008-2012
- Number of credit cards in Russia, 2008-2012
- Number of credit cards in Poland, 2008-2012
- Consumer spending via credit cards in Brazil, 2008-2012
- Number of credit cards in Mexico, 2008-2012http://www.rncos.com/ |
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| Keywords |
Global Credit Card Industry - Emerging Markets, Credit Card Industry, Credit Card Industry Globally, Market Research Reports, Industry Analysis, Industry Research |
| Category |
Finance |
| Submission Date |
Apr 25, 2009 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Finance |
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RNCOS Releases a New Report- South African Insurance Industry Forecast till 2012
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RNCOS has recently added a new Market Research Report titled, “South African Insurance Industry Forecast till 2012” to its report gallery. The market research report, “South African Insurance Industry Forecast till 2012”, by RNCOS provides extensive research and in-depth analysis of the insurance sector in South Africa. This report will help the client to evaluate the leading-edge opportunities critical to the success of the insurance industry in the country. Detailed analysis supplemented with data will help in examining the evolving South African insurance market.
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 a correlation between past market growth and growth of base drivers.
Following conversions have been used in the report at the exchange rate of given years:
1 ZAR = US$ 0.157603171 (As on December 31, 2005)
1 ZAR = US$ 0.1418701321 (As on December 31, 2006)
1 ZAR = US$ 0.157424855 (As on September 30, 2005)
Key Findings
- By net premium, the South African long-term and short-term insurance market is expected to grow at the CAGR of nearly 12% and 17% respectively for the period 2007-2012.
- South African reinsurance market is expected to grow at a CAGR of 12% during 2007-2012 attributed to increasing natural disasters like earthquakes, floods etc.
- Motor and property insurance accounted for over three-fourth of the total short-term insurance market by net premium.
- Homeowner and motor insurance is anticipated to emerge as big opportunity areas for the South African insurance market.
- Material non-disclosure and misrepresentation to continue to be responsible for the highest number of fraud cases.
Key Issues & Facts
- Which factors will lead to the growth of long-term and short-term insurance in South Africa?
- What are the emerging opportunities and challenges for the industry players?
- What are the most prospective areas for investment in the insurance sector in near future?
- What are the driving forces for the South African insurance industry?
- Who are the key players in the South African insurance market?
Key Players
This section talks about the key players operating in the South Africa insurance industry, including Santam Limited, Mutual & Federal Insurance Company Limited, Hollard Insurance and Guardrisk under Short-term Insurers. Old Mutual South Africa, Sanlam Limited and Liberty Group Limited under Long-term Insurers.
Research Methodology Used
Information Sources
Information has been sourced from books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to over 3000 paid databases.
Analysis Methods
The analysis methods include ratio analysis, historical trend analysis, and linear regression analysis using software tools, judgmental forecasting, and cause and effect analysis.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM580.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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RNCOS Releases a New Report- South Korean Payment Card Market
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RNCOS has recently added a new Market Research Report titled, “South Korean Payment Card Market” to its report gallery. With the rising popularity of electronic banking and stupendous growth in information and technology, the number of payment cards (debit, credit, check and prepaid cards) has surged in South Korea. Per capita payment card issuance in the country has reached the second highest level in the world after the US. Each person in South Korea has on an average 3.8 cards, trailing only the US with 5.3 cards, says the new research.
Despite a deep economic slump, the uses of bank cards are expected to grow at rapid pace owing to the enhancement of various benefits and expansion of scope available for settlements. Among all cards, the uses of check cards are expected to record the sharpest increase at a CAGR of over 36% during 2009-2013. On the other hand, debit cards are expected to show downtrend during the period. With no risk involved, prepaid cards are also anticipated to show significant growth in future.
Our report provides extensive research and in-depth analysis on the South Korean Payment Card Market. It focuses on the emerging market trends, recent developments and their impact on the market. The report will help clients to analyze the leading-edge opportunities, prospective customer base, key players, future outlook and all other factors which are critical to the success of a new entrant in the South Korean Payment Card Market. It also answers other critical questions like what are other payment instruments beside cards and what is share of cards in overall payment settlement market.
Our research provides forecast (2009-2013) on
- Check Cards
- Credit Cards
- Prepaid Cards
- Debit Cards
The forecast given in the 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. The forecast is based on a correlation between past market growth and growth of base drivers.
The report also throws a light on the competitive landscape of the South Korean Payment card industry, giving business overview of several prominent players in the industry, including Samsung Card Co. Ltd., Shinhan Card Co. Ltd., LG Card Co. Ltd. and Lotte Card Co. Ltd.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM190.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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Philippine Banking Industry Outlook Positive Despite Recession
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The Philippine banking industry seems to be unaffected by the global financial crisis. And despite the liquidity crunch in various developed and emerging economies, the Philippine banking industry has been able to sustain the growth level.
According to a research analyst at RNCOS, “The banks in Philippines have benefitted from a series of reforms undertaken in past and intervention by the regulator to increase the capital base and to have better risk management strategies in place. The multipoint policy adopted by the industry during the last quarter of 2008 has resulted in minimum risk exposure to the banks in Philippines. Restricting dollar sales only for outward investment, enabling active lending between banks and low level of investments in foreign assets has resulted in positive outlook of the industry in current economic turbulence. Banks in Philippines have limited their investment in local blue chip companies because of the high yield from the Philippine Stock Exchange.”
Banks in Philippines are opting for high degree of penetration, mergers and acquisitions, and high credit growth rate at a time when banks in other developed and emerging economies are writing off assets base and slowing down credit disbursal rate. However, according to “Philippines Banking Sector Analysis”, a research report from RNCOS, the sector will manage to book a CAGR growth of 10% in its asset base through 2010.
“Philippines Banking Sector Analysis” contains comprehensive research and rational analysis on various segments, like assets size, income level and number of cardholders, in the Philippines banking industry. It also analyzes the current performance and growth opportunities in the sector, and helps clients to understand various products available in the market and their future scope. It also discusses the role of technology in the Filipino banking industry.
The report gives future outlook of different aspects of the banking industry such as financial cards, mobile banking, bancassurance, industry assets, mutual fund assets under management, number of credit cards, IT spending by banking industry, microfinance and life insurance product sales etc. The future projections are made after analyzing the current market scenario, past trends and regulations laid by the central bank.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM113.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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RNCOS New Report- Booming China Insurance Sector
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RNCOS New Report- Booming China Insurance Sector
RNCOS has recently added a new Market Research Report titled, "Booming China Insurance Sector" to its report gallery. China is one of the largest untapped and fastest growing insurance markets in the world. With rapid economic development and a burgeoning consumer class, China has the potential to become one of the most significant insurance markets in the world. Driven by a variety of demographic, economic and regulatory factors, this growth should continue at a solid pace in the foreseeable future, says our recent research report, “Booming China Insurance Sector”.
Exploring the market development and potential, this research report offers objective analysis on China’s insurance industry. The forecasts and estimations given in this report are not based on a complex economic model, but are intended as a guide to the direction in which the market is likely to move in future. This report therefore serves to provide foreign investors with an in-depth understanding of China’s insurance market.
Key findings of the report are:
- Personal insurance premium income is forecasted to grow at a CAGR of about 24% during our forecast period spanning from 2008 to 2012.
- Life insurance premium income is expected to rise to about RMB 1384 Billion by the end of 2012, growing at CAGR of about 25.5%.
- Growing role of bancassurance and investment-linked insurance products will decide the future of life insurance industry in the country.
- Property insurance premium income is forecasted to grow at CAGR of about 21% during 2008-2012.
- Booming China’s automobile (including two- and three-wheelers) industry will continue driving country’s property insurance market during the forecast period.
Report features:
- Detailed analysis on the current status of insurance market in China.
- Overview on the fastest growing products.
- Future outlook of the Chinese insurance market.
- Growth prospects and major roadblocks in the market.
Major players discussed in the report are:
This section provides an insight on key players in the insurance market of China. These include China Life Insurance Company Limited, PICC Property & Casualty Ltd, Ping An Group and China Pacific Insurance (Group) Co. Ltd.
Information in the report has been sourced from:
Books, newspapers, trade journals, white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to over 3000 paid databases.
Research methodology used in the report is:
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/IM165.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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M-Banking Expanding Indian Banks’ Operations in Remote Areas
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According to our new research report “Indian Banking Sector Forecast to 2012”, India’s demographic profile along with rising mobile subscriber base will make mobile transactions popular among bank customers in coming years. Majority of the Indian population is below 35 years of age and the most technology savvy among all age groups. This segment is expected to account for more than 50% of total mobile banking transactions, with continuous rise in years to come.
Mobile banking will enable banks to offer services to customers even in remote areas without having the branch network. Public sector banks are dominating the rural market, but the scenario is anticipated to change when the mobile based banking services would be launched at commercial scale.
Moreover, customers have been migrating from branch banking to the host of non-branch channels like ATMs, call centre and internet banking. With the launch of mobile banking, all Internet banking transactions can be performed on mobile phones. Customers can now transfer funds to bank accounts, pay their utility bills and do several other operations from their mobile phones.
Although the mobile banking market in India is in its nascent stage of development, there are ample growth opportunities due to large consumer base and tendency to adapt new technology services easily. It is expected that the mobile banking industry will see significant transformation once banks, cellular operators and payment service providers commercialize their services.
“Indian Banking Sector Forecast to 2012” provides comprehensive research and rational analysis on various segments, like assets size, income level and number of cardholders, in the Indian banking industry. It also studies the current performance and growth opportunities that help clients to understand various products available in the market and their future scope. The future projections are made after analyzing the current market scenario, past trends and regulations laid by the central bank.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM008.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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