South African Bank Deposit to Grow in Near TermBy: Shushmul Maheshwari
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South African Bank Deposit to Grow in Near Term
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As per the recent report “South African Banking Sector Analysis” by RNCOS, a leading business research provider, the total bank deposits in South Africa is forecasted to grow at a CAGR of about 18% during 2009-2013. The continued growth in the number of black people joining the ranks of the middle- and high-income groups will be a key driver in propelling demand for depository services over the forecast period.
The prospects for the depository services are reasonably bright as the emergence of the black middle class will support rising demand of banking services like deposits. It is estimated that over 10 Million adults in South Africa still do not have access to even basic banking services like deposit facilities, cash withdrawal and payment facilities. However, the increased demand from the lower-income black population and pressure from the government through the implementation of the Financial Sector Charter (FSC) are forcing banks to penetrate into this untapped market by offering low cost services. For example, offering low-cost bank accounts, such as First National Banks' Mzansi accounts, has helped to boost the number of adults with bank accounts to around 19 Million as of the end of 2007.
Moreover, aggregate personal disposable income (in local-currency terms) is estimated to continue growing throughout the forecast period, which will provide an additional impetus to the growth of banking services, particularly depository products during this period.
“South African Banking Sector Analysis” is a comprehensive research report that comprises quality research and in-depth analysis on the banking sector in South Africa. It studies the emerging market trends, recent developments and their impact on the sector. The report will help clients to analyze the leading-edge opportunities, key players, expected future outlook and all the other factors which are critical to the success of a new entrant in the South African banking sector.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM080.htm
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| Keywords |
South African Banking Sector Analysis, South African Banking Market |
| Category |
Business |
| Submission Date |
Jan 12, 2012 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Business |
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Soaring Demand Driving Indian Baby Care Market
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According to our new research report “Indian Baby Care Market to 2013”, baby care market in India has experienced stupendous growth over the past few years due to changing consumer mindset and increasing penetration of baby care products. Rising income level, better product availability and increasing awareness have significantly transformed the baby care products industry landscape.
India has emerged as the most preferred market for the companies involved in baby care product manufacturing and marketing, says RNCOS report. The growing segment of population in the age group of 0-4 years has been providing tremendous opportunities as compared to any other baby product market worldwide. Several international players are planning to introduce specialized premium products in a bid to grab market share from well-established players like Johnson & Johnson.
While India represents huge growth opportunities, there are certain challenges for the industry. The Indian baby care market is restricted to just urban areas, despite accounting for majority sales, the urban areas are still under penetrated as compared to other developed and developing markets in the western countries.
“Indian Baby Care Market to 2013” is an exhaustive research and objective analysis on the growing baby care products market in India. The report also evaluates the factors critical to the success of baby care products market in India and deeply analyzed the market trends. Detailed data and qualitative analysis help investors to understand the latest trends in the baby care industry.
The report also provides the segment-wise analysis, forecast and information of emerging areas. The extent of the information covered in the report helps in understanding the market dynamics and the corresponding factors responsible for transformation of the industry.
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Outsourcing SEO Campaign for Technological
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Outsourcing: Outsourcing is a contracting process between two or more companies to provide many services like production, manufacturing, designing, accounting, marketing, IT or IT enable services etc. Outsourcing creates interest of lowering firm or making better use of time, energy and costs, for more detail go to: www.the20seotools.com.conserving energy directed at the competencies of a particular business. It helps to make more efficient use of land, labor, capital, technology and resources. In the software industry, the word 'outsourcing' means "offloading the development work to other companies".
SEO Outsourcing : SEO outsourcing to India is not only time and cost saving, it also helps you to maintain/market your website for low costs. The main purpose of outsourcing in case of cost management through wage arbitrage as well as to remain focused on core competencies. For more detail go to: www.offline-promotion.com. Outsourcing SEO allows you to focus on your strategic business and rely on you provider for SEO. It enables you to achieve top ranking search engine positioning goals and other fulfills your link building requirements. It saves time. SEO outsourcing is the practice of subcontracting your seo campaign to outside and especially foreign companies.
Outsourcing to India provides successful, qualified and technically skilled young and energetic SEO and IT professionals.
The major benefit of outsourcing to India is the significant cost saving. It helps to manage a structured growth. The comparable SEO staff is available at less than half the price than in US, Canada, UK or Australia. It is a tool for adding value to business, simultaneously enabling organizations to concentrate on their core line of business.
The qualified manpower available in India helps to properly manage the modern technological advancement and equally good exposure in search engine related activities for offshore clients. The experience and expertise ranges from providing solutions to a small vendor to a large MNC.
Indian SEO companies have worked hard to achieve the international standards of the likes of ISO & SEI-CMM. The trust of the clients on quality has increased in last couple of years due to the kind of results produced by India Companies.
Today each and every small town of India is connected via telephone and Internet broadband. India owns high quality satellite and submarine communication links that keep India connected to the world 24x7. This has enabled the outsourcing companies around the world experience seamless communication with their offshore partners irrespective of the location they are operating from.
Optimum resource utilization : By outsourcing some of the regular & outline work, you can drastically reduce your operating expenses. Undoubtedly, outsourcing is fast becoming a strategy for forward thinking IT managers.
Time management : SEO outsourcing helps to mange time periods properly. It also helps managers to re-engineer business processes and provide the necessary information to assist effective decision-making and ensure quality and cost control.
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RNCOS Launches New Report- UK Health Drinks Market
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RNCOS has recently added a new Market Research Report titled, “UK Health Drinks Market” to its report gallery. Health and energy drinks have emerged as the most profitable and growing segment of the overall soft drinks industry in the UK. Unlike carbonated drinks, whose sales are declining, the sales of health and energy drinks have been growing since some time. This is a direct result of busy lifestyle and rising health concerns. Driven by changing consumer behavior and other factors, the health and energy drinks market can be viewed as the most promising segment of soft drinks industry in the UK, says “UK Health Drinks Market”, a research report by RNCOS.
The report provides an in depth analysis of the health and energy drinks market in the UK. Segment-wise market trends and analysis given in the report will help the client to identify the potential segment in the overall health and energy drinks market and the past, current and future outlook on various product segments will help in analyzing the consumption and sales scenario.
The future outlook of the industry is not determined using any econometric or statistical model or evaluation, rather it depends upon the past and the current market trends. The changing consumer preferences and behavior and the market trends have been taken into consideration while calculating the future direction of the market.
Key Findings
- Convenience and health concerns are driving the sales of health and energy drinks in the UK.
- Sales growth in the bottled water segment is expected to increase at a CAGR of 15% during 2008-2012.
- The per capita consumption of fruit juice reached 23 Liter in 2007 from 19.3 Liter in 2004.
- The market for smoothies grew by 79.85% in 2007 over 2006 in the UK.
Key Issues Analyzed
- What is the market size and scope of health and energy drinks in the UK?
- What are the current trends prevailing in the market?
- What are the growth prospects and issues related to the market?
- What are the opportunities and challenges for the market?
- Who are the major players in the market?
Key Players Analyzed
This section covers the key players currently operating in the UK health and energy drinks market including Britvic Plc, Red Bull Company Ltd, PepsiCo Inc., AG Barr Plc., etc.
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 more than 3000 paid databases.
Analysis Method
The analysis methods include ratio analysis, historical trend analysis, linear regression analysis using software tools, judgmental forecasting, and cause and effect analysis.
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