Monday, March 30, 2009

UAE Insurance Market Forecast to 2012

According to our new research report, “UAE Insurance Market Forecast to 2012”, the insurance market in the UAE is growing at a CAGR of more than 35% on the back of highly untapped market, rising health consciousness and government initiatives particularly in the field of medical insurance. Moreover, the UAE insurance market is smaller than other insurance industries across the globe, providing tremendous opportunities for expansion to existing as well as new players.

The market will continue to register high growth despite rising concerns in the global financial market as the long-term prospects for the insurance sector, particularly life insurance, look very bright. Rising income level and growing number of expatriates will widen the market for life insurance policies with saving component in coming years.

The report provides exhaustive research and in-depth analysis on fast developing insurance sector in the UAE. It studies the market structure and evaluates current as well as past trends to help clients to analyze the leading-edge opportunities critical to the success of insurance industry in the country. Detailed data and rational analysis will help clients to navigate through the evolving insurance market of the country.

The report also features forecasts (2009-2012) on premium of following insurance branches/sub-branches:

- Life
- Non-life
- Accident & Liability
- Fire
- Marine, Aviation and Transport
- Medical

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. This forecast is based on a correlation between past market growth and growth of base drivers.

Key Players

This section provides business overview on the prominent players operating in the UAE insurance industry, including Abu Dhabi National Insurance Company, Emirates Insurance Company and Al Ain Ahlia.

For more detail visit :- http://www.marketsmonitor.com/Report/IM023.htm

Asian Convenience Store Market Forecast to 2010

The convenience store industry in Asia has shown tremendous growth over the past few years, making the region No. 1 in convenience store development across the world. The rapid economic development, along with the booming retail industry, has been propelling the growth of convenience store industry across the Asian continent. Moreover, the increasing share of modern retail outlets and emerging trends in organized retailing are anticipated to drive the growth of convenience stores in Asia in near future, says “Asian Convenience Store Market Forecast to 2010”, a research report by RNCOS.

The report provides extensive research on the growing convenience store market in Asia and highlights various technologies that are rapidly making their way into the Asian convenience stores. It provides insight into the convenience store industry across various countries in Asia and brief overview of the consumer behavior in those countries. The report helps the clients to analyze the trends in convenience store retailing across Asia and identify the key emerging markets in the region. Future growth areas and roadblocks evaluated in the research report will help the clients to align their business strategies as per the changing market dynamics in the region.

For the purpose of this research report, Asia includes: Hong Kong, South Korea, Taiwan, China, Malaysia, Philippines, Singapore, Thailand, Vietnam, India, Japan and Indonesia.

Key Findings:

- Share of modern retail sales in Asia increased to 52% in 2007 from 41% in 2001.
- Modern retail trade in Asia is expected to account for 54% of the total retail industry by 2010.
- Total retail sales in Asia is projected to reach around US$ 5.3 Trillion by 2013, with more than 80% of retail sales concentrated in three countries namely Japan, China and India.
- North Asia accounts for close to 90% of the Asian convenience store industry.
- Convenience store density is highest in Japan and Taiwan, with more than 300 stores per million people.
- In future, Indonesia, Vietnam and India are expected to be the potential convenience store markets.

Key Issues & Facts Analyzed

- Different retail formats (traditional and modern) in Asia.
- Market size of the Asian convenience store industry.
- Country-wise analysis of the convenience store industry.
- Factors responsible for the growth of convenience store industry in Asia.
- Study of consumer behavior in different Asian countries.

Key Players

This section covers the key facts about the major players currently operating in the Asian convenience store industry, such as 7-Eleven Inc, Tesco PLC, Taiwan FamilyMart Co. Ltd. and Lawson Inc.

For more detail visit :- http://www.marketsmonitor.com/Report/IM010.htm

Wednesday, March 25, 2009

Smart Card Market Forecast to 2012

The smart card industry has been continuously expanding, with countries across the globe identifying its true potential. The number of Smart card application projects has also been rising, demonstrating the versatility and robustness of the technology. The growing security needs, possible multiple usage and greater storage and processing capability are driving the growth of smart card industry world over and will also continue to do so in future. The global shipment of smart card surpassed an estimated 5 Billion units in 2008 and this figure is projected to surge at CAGR of nearly 11% through 2012, according to "Smart Card Market Forecast to 2012”, a recent market research report by RNCOS.

The telecom sector is the biggest application market for smart cards, occupying more than 70% of the global smart card shipment in 2008. Growing number of mobile subscribers remain the largest contributor, driving sales of SIM cards worldwide. Use of smart cards in financial services sector has also been on rise buoyed by increasing use of Europay, MasterCard and Visa standard (EMV) standard.

Increasing use of internet for making online payment transactions is also fueling growth in the global smart card industry as this technology enables consumers make secure and reliable transactions. Use of contactless smart cards in this regard has gained remarkable consideration and is forecasted to grow at CAGR of more than 30% through 2012.

Besides this, the research also gives thorough analysis of various other applications along with their respective market share and future growth potential. For instance, the research anticipates the transport sector to experience the largest growth in usage of smart cards worldwide, CAGR projected at nearly 26% in near future.

"Smart Card Market Forecast to 2012” provides extensive research and exhaustive analysis of the smart card industry worldwide. It gives an insight into the current market trends and growth prospects for the smart card industry while substantiating the data with unbiased and rationale analysis. It helps the client to understand the key trends in the industry.

The report studies the global smart card industry by segmenting it into Americas, Europe Middle East and Africa (EMEA) and Asia Pacific. It helps in analyzing the current performance and future outlook of the smart card industry on regional.

The countries covered in the report are decided on the basis of existing opportunities that could lead to the growth for smart cards. Country level profiling provides prudent analysis of the smart card projects which are under consideration in a particular country across various application sectors.

For more detail visit :- http://www.marketsmonitor.com/Report/IM007.htm

China Credit Card Market Outlook to 2013

China's credit card market has reported remarkable growth over the past few years, albeit growing from a small base. The country issued more than 50 Million credit cards during 2008, taking the total number of credit cards in circulation to over 150 Million. These numbers are projected to continue growing in the next few years, despite the current economic crisis, says “China Credit Card Market Outlook to 2013”, a new report from RNCOS.

Factors like rapidly growing middle class, government support and low penetration of credit cards in China are anticipated to drive the future numbers; however, the pace of growth may slow down. Foreign banks will seek to play a more important role in the competition in the domestic market over the forecast period. This is largely due to that the current industry structure is dominated by the state-owned banks such as Industrial and Commercial Bank of China (ICBC), China Merchants Bank and China Construction Bank.

“China Credit Card Market Outlook to 2013” provides extensive research and rationale analysis of the credit card industry in China. The report thoroughly examines the current industry trends which are adding to the growth of the Chinese credit card industry. Forecast in this research has been done considering the possible impact of recession on the industry. In this regard, the report will help clients to have proper insight of the current and future outlook of credit cards market in China.

For more detail visit :- http://www.marketsmonitor.com/Report/IM002.htm

Monday, March 23, 2009

Identity and Access Management Market Forecast to 2012

Organizations across the world have been increasingly incorporating Information Technology (IT) into their business processes and with this, use of proper security measures have become a critical issue. These organizations are under increased pressure to strengthen their security while reducing cost and streamlining their operations. They also need to maintain agility to adapt to rapidly changing requirements. This has led to the increased complexity of their IT networks, demanding a solution that helps manage the growing multiplicity of users who require access to IT resources, while complying with international regulations.

Identity and Access Management (IAM) has emerged as a viable solution for businesses, looking for efficient ways of identity management. The deployment of IAM have largely been driven by businesses’ efforts to comply with the growing number of international regulatory requirements such as HIPAA, Sarbanes-Oxley and the Payment Card Industry’s customer identity protection requirements, says RNCOS in its new research report, "Identity and Access Management Market Forecast to 2012”.

According to the report, the IAM market will grow at a CAGR of nearly 23% during the period 2009-2012. The drivers for investing in IAM solutions include improved security, productivity and reduced administration cost. Currently, the Americas region dominates the global IAM market; however, the EMEA and Asia-Pacific region are expected to show phenomenal growth in future, collectively accounting for nearly 62% of the market by 2012.

This report provides extensive research and in-depth analysis of the IAM market worldwide. It gives an insight into the current market trends dominating the market. This research report also gives market forecast on various IAM technologies that are gaining recognition for the value they deliver to organizations, helping them to satisfy rapidly changing business demands.

The research study also gives an insight into the IAM market working under different operating environments such as Windows 32 and 64, UNIX and Linux. This report has been made to help clients in analyzing the opportunities, challenges and drivers critical to the growth of identity management service industry.

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. It is based on a correlation between the past market growth and growth of base drivers.

For more detail visit :- http://www.marketsmonitor.com/Report/IM181.htm

Indonesian Islamic Banking Outlook to 2013

With the global financial crisis raising doubts over the world's conventional financial system, the banking industry in Indonesia stands to benefit from the global downturn and expects to continue rapid growth in the coming years. The financial crisis is having no negative impact on the development of Islamic banking in the country. So far, Islamic banks have not showed any weakening of their performance and we expect both assets and lending would grow at a CAGR of over 50% between 2009 and 2013. This optimistic view is based on its very nature (avoid involvement of interest rates), extremely low penetration and a healthy growth in lending over the past two years.

While it makes sense for global financial institutions to continue growth, exploit the opportunities offered by the Islamic banking market despite the financial crisis, and keep themselves regularly updated against the status of Islamic banking market in some of the emergent countries, it is worthwhile to keep eyes on developments in Islamic banking markets. Keeping the same fact in mind, RNCOS decided to research on one of the fastest growing Islamic banking destinations - Indonesia - and launched a report, "Indonesian Islamic Banking Outlook to 2013”.

The report gives an extensive research and in-depth analysis on the Islamic banking market in Indonesia and helps clients to analyze the opportunities being opened by it. Based on this analysis, the report gives a forecast of the market intended as a rough guide to the direction in which the market is likely to move. The report provides 4-year industry forecast (2009-2013) on various key banking performance indicators, including:

- Islamic banking assets
- Islamic bank financing
- Islamic bank deposits

For more detail visit :- http://www.marketsmonitor.com/Report/IM180.htm