Mobile Wallet Market Growth

The global mobile wallet market is expected to reach USD 1,602.4 billion by 2018, growing at a CAGR of 30.7% from 2012 to 2018. EMEA (Europe, the Middle East and Africa) is expected to be the largest market for the mobile wallet industry in 2018.

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The surge in the demand for mobile wallets can be attributed mainly to the global increase in Smartphone penetration. The advent of affordable options such as budget smartphones and the facilitation of NFC (Near Field Communication) technology both in the user's device as well as in Point of Sale (POS) terminals are expected to drive this market over the next few years. However, lack of awareness regarding the functioning of mobile wallets as well as considerable concerns among users about security and privacy are a few factors that may hinder market growth. Stakeholders in the mobile wallet ecosystem are attempting to alleviate these concerns and aiming to provide complete safety of personal and financial information.

Retail formed the largest application of mobile wallets and was valued at USD 144.8 billion in 2011. This trend is expected to continue owing to the ease of payment using smartphones at these locations, as well as initiatives undertaken to equip POS devices in convenience stores. Vending machines are a niche but significant application of the mobile wallet technology and are expected to enjoy considerable support from stakeholders. They provide flexible payment services to users along with better brand recall value, thus benefitting merchants and payment providers alike.

The EMEA region accounted for over 40% of the global revenue share in 2011, due to the dense population in Africa, and widespread public acceptance of mobile wallets in Europe. The Asia Pacific region is expected to witness the fastest growth in terms of revenue over the forecast period, and the market is expected to grow at a CAGR of 31.0% from 2012 to 2018 in this geography.

There are a number of players in the mobile wallet industry and they can be differentiated on the basis of their role in the ecosystem. Mobile Network Operators (MNOs) are expected to pivot the mobile payment process, with payment networks and merchants also attempting to occupy market share. Key participants include Visa Inc., MasterCard, American Express Inc., PayPal Inc., Google, ISIS, Square Inc. and so on. This study provides a competitive landscape and detailed company share analysis, as well as profiles of companies mentioned above.

The report analyzes the global mobile wallet market in terms of both volumes (million users) and revenues (USD billion) from 2011 to 2018. The demand for each geographical region is analyzed on the basis of application from 2011 to 2018, both in terms of volumes and revenues. This study also analyses the market on the basis of the participants, components, consumer types, and functionality. The report includes in depth analysis for each segment which would help in making effective decisions. The report segments the global mobile wallet market as:

Mobile Wallet Market, by Industry Participants:

Mobile Network Operators (MNOs)

Financial Institutions (Banks)

Payment Networks

Intermediaries

Merchants

Consumers

Mobile Wallet Market, by Components:

Hardware

Software

Services

Mobile Wallet Market, by Consumer Type:

Online Shoppers

Card Users

Cash Payers

Mobile Wallet Market, by Functionality:

Single Function

Multiple Function

Universal Function

Mobile Wallet Market, by Application:

Retail

Vending Machines

Public Transportation

Grocery Stores

Restaurants

Mobile Wallet Market, by Geography:

North America

EMEA

Asia Pacific

Latin America

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Managed Security Services Market Size 2013 - 2019

The market growth is driven by increased demand for applications such as 'network security' and 'confidentiality' services. Cloud-based managed security service is seen as an emerging market and is expected to drive market growth in the near future.

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Industry verticals such as banking and finance services and insurance (BFSI), government and utilities, and telecom and IT, are seen as key demand drivers during the forecast period. Collectively, these segments accounted for 59.2% of the marker share in 2012. Due to fast growing demand from companies under the BFSI sector, this sector is expected to have highest market share throughout the forecast period. This is largely due to increase in incidences of frauds, payment defaults, and stringent regulations regarding GRC (governance, risk, and compliance). This in turn has pushed companies to adopt specialized solutions from managed security services providers, so as they can ensure the confidentiality and security of customer records and information.

Different applications of managed security services are network security, access control, compliance, confidentiality, and 'risk and vulnerability management'. Among these applications, network security, confidentiality, and compliance services are emerging as leading segments. These segments accounted for approximately 67.4% of market revenue share in 2012.

Managed security services are currently delivered through CPE (consumer premise equipment) based, cloud based, and hybrid (combination of CPE and cloud) models. Among all, cloud based services delivery model held largest share owing to the various benefits such as ease of installation and maintenance and lower cost. Scope for upgrade as per requirements and ease of switching the vendor are some of the factors supporting demand for cloud based managed security services.

North America is expected to remain largest market for managed security services due to the shift in existing corporate governance policies and compliance requirements for retail, financial services, energy, and healthcare market. Moreover, under current economical scenario, many businesses in North America are relocating in order to expand geographically or to reduce operations cost (as compared to operations in city centers). However, Asia Pacific region with its fast growing BFSI, IT and telecom, and pharmaceutical industry, is forecast to record fastest growth for managed security services, with demand primarily contributed by SMBs (small and medium businesses).

Driven by emerging opportunities and high growth potential, players from various industry sectors, especially IT sector, are entering into managed security service space, making the competition intense. Players such as Hewlett-Packard Co. (HP), IBM Corporation, Dell SecureWorks Inc., and EMC Corporation, are key players' dominating the market with share more than 40% of the market in 2012, with HP being the leader. New entrants are expected to face stiff competition from existing players, and will have to focus on service differentiation and quality, so as to sustain growth in the long run. Other vendors in the market are: AT&T Inc., Bell Canada Inc., Fujitsu Ltd., Trustwave Holdings, Inc., Symantec, Verizon Communication Inc., Tata Communications Ltd., Wipro Technology Services Ltd., Intergalis AG, and CenturyLink, Inc., among others.

Managed Security Services Market, By Industry Verticals:

BFSI (Banking, Finance Services, and Insurance)

Government and utilities

Manufacturing

Telecom and IT

Healthcare

Retail

Others (Education, Research and development, and Hospitality)

Managed Security Services Market, By Applications:

Network security

Access control

Business continuity

Compliance

Confidentiality

Risk assessment

Managed Security Services Market, By Mode of Delivery:

Customer premises equipment (CPE) based

Hosted or Cloud based

Hybrid

Managed Security Services Market, By Geography:

North America

Europe

Asia Pacific

Rest of World (RoW)

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About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Sheela AK

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

OSS/BSS Market Share 2012 - 2018

The market was valued at USD 17 billion in 2011, and is expected to reach USD 48.54 billion by 2018, growing at a CAGR of 16.2% from 2012 to 2018.

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Growing adoption of convergent billing systems is expected to drive the industry over the next few years. OSS/BSS plays a major role in the development of a convergent billing platform, which provides a unified view of the customer's services such as data, voice, multimedia, etc. Furthermore, OSS/BSS provides a granular view of the consumer's data usage, which enables Communications Service Providers (CSPs) develop value added services in order to serve the customer better. Growth in the telecommunications industry is also expected to be a major driving force for the market. Increasing number of wireless subscribers coupled with high demand for handheld devices such as smartphones and tablets is estimated to fuel industry growth over the forecast period. Integrating OSS/BSS with existing networks is a cumbersome task, which may act as a barrier to the industry on a global level. Additionally, unfavorable regulatory scenario in Asia Pacific, particularly in India, is a restraint for profitability of key participants.

North America was the largest market, and was valued at USD 7.18 billion in 2012. Early commercialization and utilization of telecommunication services has resulted in increased market share in this region. Asia Pacific is expected to be the fastest growing market, which can primarily be attributed to the wide scope of introduction of new services in countries such as India and China.
The market is highly fragmented, with the top five players accounting for approximately 40% of the overall share in 2012. Key participants include Amdocs, Ericsson, Accenture, Huawei, Nokia Siemens Networks, Hewlett Packard, and Oracle among others.

The report analyzes the global OSS/BSS market in terms of revenue (USD Billion). The market has been segmented as follows:

• OSS/BSS Market, by Geography:
• North America
• Europe
• Asia Pacific
  • India
  • China
  • Rest of Asia Pacific
• Rest of the World (RoW)

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About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.


Contact

Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

Military Radar Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

According to a new market report published by Transparency Market Research “Military Radar Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,” the market is expected to reach a value of USD 8,440 million by 2019, growing at a CAGR of 2.9% from 2013 to 2019. Growing demand of radar based systems in military forces such as the army, navy, air force and also in space based programs conducted by the defense forces has led to the increase in demand of military radar. North America was the largest contributor in the military radar market and accounted for the highest share in 2012.

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http://www.transparencymarketresearch.com/military-radar-market.html

There are several types of radar systems used in the military such as ground based, naval, air force and space based. In 2012 ground based accounted for the highest share with a percentage share of 33.5%. This is because many of the wars or conflicts are fought on land and to combat such threats land based radar systems are being upgraded. The air borne segment is expected to grow at the highest CAGR of 3.1% from 2013 to 2019. This growth is primarily attributed to the growing advancements in warfare technology and increasing demand of aircrafts and fighter jets.

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Geographically, North America held the largest market share in 2012. The demand for military radar systems in North America is primarily driven by the growing threats from external forces such as the terrorist groups. North America is followed by Asia Pacific in terms of geographical market share. The growth in the region is attributed to the growing developments in the emerging nations such as China, India, Japan and South Korea among others.

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The U.S. and China together accounted for over 40% of the global military radar market share and they are expected to maintain their position throughout the estimated period. China in its bid to emerge to emerge as the world super power has invested significantly in its defense forces. This has led to growth in demand for such advance systems in the country. The radar market in China is expected to grow at a CAGR of 3.4% during the forecast period. 

Top five players have a combined share of 54% and no player has the largest share as the market is largely driven by government tenders. As a result of which military radar market is oligopolistic in nature. Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon, BAE Systems, Boeing, Harris Corporation, Saab Sensis Corporation, Terma A/S, ASELSAN Inc., and DRS Technologies among others are some of the key players in the market.

Download PDF at Military Radar Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Global 3D Printing Market in 2013 - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019

According to a new market report published by Transparency Market Research "Global 3D printing Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019", the global 3D printing market was worth USD 2,200 million in 2012 and is expected to reach USD 7,240 million in 2019, growing at a CAGR of 16.8% from 2013 to 2019. North America was the largest market for 3D printing in 2012 owing to high adoption of this technology across different applications sectors including consumer products and electronics and automotives among others.

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The market is primarily driven by increasing applications of 3D printing and decreasing cost of 3D printers for personal use. Also the technology in emerging regions such as Asia Pacific and Rest of the World (RoW) holds huge growth potential in the coming years. However, inability to print large objects in quick time and introduction of new laws and regulations to protect infringement of rights are some factors restraining the growth of this technology.

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Among different applications, consumer products and electronics; and automotives represent two major segments. 3D printing is used in many consumer applications such as home décor, manufacturing toys and jewelry among others. Multiple applications of 3D printers in commercial and personal sectors have supported market growth. In automotive segment, 3D printing is used to print parts of an automobile.

Geographically, North America dominated the 3D printing market in 2012 followed by Europe. This is due to high adoption of this technology for both commercial and personal use. The market is expected to grow further, with increasing awareness among consumers regarding the benefits of using 3D printing in commercial and household applications. The demand for 3D printing in Europe has increased in the recent years mainly owing to the presence of emerging players in countries such as Germany, Italy, France and Sweden.

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 Stratasys, Ltd., 3D Systems, Inc., Solidscape, Inc., EOS GmbH, ExOne GmbH, Optomec, Voxeljet Technology GmbH, Concept Laser GmbH, Arcam AB and SLM Solutions GmbH among others are the key players in the market. Stratasys, Ltd. held the maximum revenue share in 2012.

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Mobile Wallet Market - Global Industry Analysis, Size, Share, Growth and Forecast, 2012 – 2018

According to a new market report published by Transparency Market Research "Mobile Wallet Market - Global Industry Analysis, Size, Share, Growth and Forecast, 2012 - 2018," the global mobile wallet market is expected to reach USD 1,602.4 billion by 2018, growing at a CAGR of 30.7% from 2012 to 2018. EMEA (Europe, the Middle East and Africa) is expected to be the largest market for the mobile wallet industry in 2018.

Browse the full report at http://www.transparencymarketresearch.com/mobile-wallet.html

The surge in the demand for mobile wallets can be attributed mainly to the global increase in Smartphone penetration. The advent of affordable options such as budget smartphones and the facilitation of NFC (Near Field Communication) technology both in the user's device as well as in Point of Sale (POS) terminals are expected to drive this market over the next few years. However, lack of awareness regarding the functioning of mobile wallets as well as considerable concerns among users about security and privacy are a few factors that may hinder market growth.

Stakeholders in the mobile wallet ecosystem are attempting to alleviate these concerns and aiming to provide complete safety of personal and financial information.

Get Free Sample Report at http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=848

Retail formed the largest application of mobile wallets and was valued at USD 144.8 billion in 2011. This trend is expected to continue owing to the ease of payment using smartphones at these locations, as well as initiatives undertaken to equip POS devices in convenience stores. Vending machines are a niche but significant application of the mobile wallet technology and are expected to enjoy considerable support from stakeholders. They provide flexible payment services to users along with better brand recall value, thus benefitting merchants and payment providers alike.

The EMEA region accounted for over 40% of the global revenue share in 2011, due to the dense population in Africa, and widespread public acceptance of mobile wallets in Europe. The Asia Pacific region is expected to witness the fastest growth in terms of revenue over the forecast period, and the market is expected to grow at a CAGR of 31.0% from 2012 to 2018 in this geography.

Browse all Technology & Media Market Research Reports@ http://www.transparencymarketresearch.com/technology-market-reports-8.html

There are a number of players in the mobile wallet industry and they can be differentiated on the basis of their role in the ecosystem. Mobile Network Operators (MNOs) are expected to pivot the mobile payment process, with payment networks and merchants also attempting to occupy market share. Key participants include Visa Inc., MasterCard, American Express Inc., PayPal Inc., Google, ISIS, Square Inc. and so on. This study provides a competitive landscape and detailed company share analysis, as well as profiles of companies mentioned above.

Download PDF at Mobile Wallet Market - Global Industry Analysis, Size, Share, Growth and Forecast, 2012 - 2018

Flash Cards And USB Flash Drives Market - Global Industry Analysis, Trends And Forecast, 2013 - 2019

Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "Flash Cards And USB Flash Drives Market". This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure. Flash card or memory card and USB flash drives are electronic data storage devices with a flash memory, usually used to store digital information. Need for development of these devices emerges by the growing need for a compact and easy to maintain storage device. Earlier floppy disk and CDs were used for data storage but as they were prone to damages and the stored information posses the risk of being permanently getting eroded, this led to the development of flash cards and USB flash drives. 

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The USB flash drives and flash cards are touted as being user friendly and easy-to-use as they are compact and portable enough to be carried in a small pocket and can be connected into any device such as computer with a USB port or a card slot.Flash memory card developers are presently manufacturing devices that have high storage capacities, which are similar to hard disk drives (HDDs). 256 GB is the maximum storage capacity of flash cards which currently exist in market. Manufacturers in order to retain and gain new customers are developing and delivering high storage capacity products. Moreover, a trend is observed among the customers especially teenage and middle aged groups, to possess storage device with highest storage capacities. To take advantage of this trend, manufacturers are offering flash cards and USB flash drives with high storage capacities.

One of the major factors contributing to the growth of flash cards and USB flash drives market growth is the rising demand for robust memory storage devices which are highly compact with maximum storage capacity. In addition, the global flash cards and USB flash drives market is witnessing the growing adoption of high-density cards used for data storage, by flash memory card sellers. However, the market poses a strong challenge in terms of growth by rising number of portable devices with high in-built memory.

The market for flash cards is segmented on the basis of application into communication devices, cameras or camcorders and others which includes gaming consoles. Moreover, the flash card market is segmented on the basis of type into compact flash cards, secure digital cards, mini secure digital card, micro secure digital cards, xD-Picture Card, multi media cards and smart media card. In addition, the USB flash drives market is segmented on the basis of capacity into 4GB, 8GB, 16GB, 32GB, 64GB and more than 64GB. On the basis of type the market of USB flash drives is segmented into USB flash drive generation 1.0, drive generation 2.0 and generation 3.0. Generation 3.0 is considered to the latest of its kind.

Some of the key players in the USB flash drive market are -DATA Technology Co., Ltd., Buffalo Technology (UK), Ltd., Add On Technology Co., Ltd., Corsair Memory, Inc., Edge Tech Corporation, Hewlett- Packard, Ennova Direct, Inc. and Imation Corp. among others. The key players of flash memory cards market are SanDisk Corp., Kingston Technology Corp., Toshiba Corp., Samsung Group and Transcend Information Inc. among others.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 

• North America 
• Asia Pacific 
• Europe
• Rest of the World  

This report provides comprehensive analysis of 

• Market growth drivers 
• Factors limiting market growth
• Current market trends 
• Market structure
• Market projections for upcoming years 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers.

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