Summary Decision makers worldwide are under tremendous pressure to optimize their business operations, acquire new customers, and increase their market share, thereby driving long-term profitability. Business analytics is used for strategic decision making, enabling organizations to understand their customers, optimize operational cost, and improve business efficiency and competitiveness. The dem...

The non-life insurance market in India has been witnessing growth, lately, owing to the introduction of innovative products covering miscellaneous risks associated with the current market scenario. As of FY 2017, out of the 29 non-life insurance companies operating in India, 23 companies were operating as general insurers, out of which 17 are private sector companies and 6 are public sector compan...

The growth of e-commerce, an expanding smartphone user base, presence of payment banks and Unified Payment Interface (UPI) platforms are driving the mobile wallet market in India. It is estimated that during the FY 2019–FY 2023 period, the Indian mobile wallet market will expand at a compound annual growth rate (CAGR) of ~52.21%, by volume, from the mark of 6.4 Bn in FY 2018. Service-wise mark...

Market insights: The development of digital infrastructure in the country is leading to the creation of a robust technological ecosystem for the digital payments industry of India. The e-payment solutions market in India is anticipated to expand at a compound annual growth rate (CAGR) of ~51.17% between FY 2018 and FY 2023, and will reach a value of INR 15,344.1 Tn by FY 2023. The volume of paymen...

India pharmacy retail market Pharmacy retail refers to the sale of pharmaceutical products, which include over-the-counter (OTC) drugs and prescription drugs. Pharmacy retail stores also sell various FMCG products along with pharmaceutical products and its related services. Advent of online pharmacy and the emergence of Ayurvedic product retailers in the Indian market is helping the market expand...

North America Payment Security Market The market is expected to grow at CAGR of 13.45% from 2018 to 2023 leading to a global revenue generation of USD 13.19 billion in 2023. There is a daily increase of card payment frauds in the US. Approximately, 42% of U.S cardholders have experienced fraud compared to 27% of global cardholders. This calls for an immediate action and development of solutions t...

Latin America Payment Security Market The market is expected to grow at CAGR of 14.77% from 2018 to 2023 leading to a global revenue generation of USD 7.18 Bn in 2023. After registration with a financial organization, trusted a third-party organization or banks, money can be transferred by just using the receiver’s mobile number or e-mail address. Major players are PayPal, Google Wallet, Squar...

Europe Payment Security Market The market is expected to grow at CAGR of 14.77% from 2018 to 2023 leading to a global revenue generation of USD 7.18 billion in 2023. After registration with a financial organization, or a trusted third-party organization or bank, money can be transferred by just using the receiver’s mobile number or e-mail address. Major players are PayPal, Google Wallet, Square...

Asia-Pacific Payment Security Market The market is expected to grow at CAGR of 13.19% from 2018 to 2023 leading to a global revenue generation of USD 13.19 Bn in 2023. The rise of payments in the digital and mobile channels has led to more sophisticated fraud across the Asia-Pacific region. A 2016 Consumer Fraud Survey showed more than a third of consumers in Australia, India and Singapore have ...

Netscribes' latest market research report titled Mobile Wallet Market in India 2017 states that the digital market has greatly benefitted from the recent demonetization in India, which has boosted the usage of m-wallets in the country. The m-wallet is driven by increased usage of smartphones, 3G and 4G penetration and growth of e-commerce industry, combined with the rise in disposable income. Post...

Netscribes' latest market research report titled Commercial Banking Market in India 2017 states that Commercial Banking applications are gaining huge popularity due to increasing internet usage, convenience of availing daily transactions (discounts, special offers) through mobile banking apps, easy availability of short/long term loan and credit system, supported by the transformation of the India...

Global market intelligence firm, Netscribes, Inc. released its latest report on the ‘Convenience Store Market in India 2014'. Though convenience store market in India is in a nascent stage, yet it is headed towards profound growth in near future. Convenience stores in India have qualified to be the preferred shopping destination for the Indian urban consumers who demand for convenience, quality ...

Global market intelligence firm, Netscribes, Inc. released its latest report on the ‘Financial Brokerage Market in India 2014'. With declining cash volumes and slow economic growth, investment in the financial sector has been dismal. The economic condition has been the major reason behind the decrease in trading revenues. Rupee volatility coupled with global uncertainties has been instrumental i...

Netscribes' latest market research report titled Retail Market in India 2014 notes how services sector has become the biggest segment of the Indian GDP. It analyzes in depth the retail market, a sub-set of the services industry. Since the opening of Foreign Direct Investment (FDI) in retail trade, the market has expanded into diverse segments such as food products, consumables, durables, retail se...

Global market intelligence firm, Netscribes, Inc. released its latest report on the ‘e-Payment Solutions Market in India 2014'. With India being termed as a cash-based economy and aided by the recent focus by government on digital payments, strong growth is expected by the e-payment solutions market in the country. Substantial number of customers is seen getting registered for internet banking f...

Netscribes' latest market research report titled Franchise Market in India 2014 outlines how the entrepreneurial appetite has streamlined itself into the franchising concept in the country. Franchising is defined as a proposition wherein an entrepreneur replicates a brand's business model by giving a fee and share of the revenue providing both safety of an established brand and independence of run...

Netscribes' latest market research report titled Facilities Management Services Market in India 2014 outlines how the facilities management segment has now been elevated to a strategic level of importance. India embraced facilities management services when companies started outsourcing their non-core activities to different vendors. Non-core activities comprise the paraphernalia of activities such...

Netscribes' latest market research report titled Radio Cabs Market in India 2013 identifies the transport scenario, wherein radio cabs are being hailed as one of the fastest growing business segments within the transport sector. Some of the factors that have driven the growth in awareness about the concept of radio cabs in India include ease of booking, accurate meter readings, trained and polite ...

The new report, "Franchising Market in India", states that India has witnessed large scale adoption of franchising as a prospective entry route for expansion. It is hailed as being a key strategy when growth becomes saturated in domestic markets and companies look beyond borders for untapped potential and markets. The Indian franchise market is particularly poised to grow exponentially with the re...

India woke up to facilities management services when companies started outsourcing their non-core activities to different vendors. Non-core services would refer to activities in the likes of cleaning, maintenance, house keeping, electrical and plumbing and other multifarious issues. Biggies would generally outsource these activities to vendors as an initiative for cost cutting move. Facilities man...

Post the initiation of the Indian Government's efforts towards globalization of industries, the Indian economic landscape has been weathered with phenomenal changes. As the country opens its gates to foreign investments, domestic concerns also tread the lines of expansion. Majority of the demand for legal services stems from corporate sector as increasing number of organizations look at expanding ...

The Convenience Store Market in India is part of Netscribes' Consumer Goods Industry Series reports. The market will be boosted by the rising income levels coupled with changing lifestyle, resulting in increased demand for convenience shopping. The report begins with an introduction section, comprising of the description of convenience stores along with the significant focus areas for the develop...

Taxi transportation system in India has long been characterized by paucity of well-maintained vehicles, tampered meters and unruly behavior of drivers. The need for a hassle-free and smooth ride has long been on the anvil for the Indian transport authority. Though Government did not harp on the same tune, but private operators could fathom the potential lying with a new and improved means of commu...

Facilities management services market in India was valued at INR 585 bn in 2011 and is slated to grow at a CAGR of 25%. There is an increasing demand for such services as emphasis on urban development and modernisation of office spaces is rising. Consistent economic growth has led to a booming real estate sector in India which will positively impact this market in the near future. The report begi...

Retail market in India was valued at INR 16.94 tr in 2010 and is expected to grow at a CAGR of 11%. It accounts for 22% of the country's GDP and is the second largest employer with 35.06 mn people. Traditional retail formats are fast getting replaced by modern organised retail formats. Due to growing retail space and changing consumer behaviour, retail market in India is poised for strong growth i...

Financial brokerage market in India is going through sweeping changes with new players looking to be a part of the highly competitive brokerage market characterized by dwindling brokerage and exponential growth of brokers and sub brokers. On the other hand, many existing players have been forced to undercut operations due to lack of revenues while others still surviving on the basis of consolidati...

Digital Signage market is still in its nascent stage in the Indian market. However, it is fast becoming the preferred choice among corporate houses from the BFSI, oil and telecom sectors. Digital signage provides the desired flexibility in real time which is extremely difficult for other advertising mediums. Better technology and innovation should see the rise in popularity of digital signage in t...

The wedding industry in India thrives largely on the Indian notion of characterizing marriage as a singular high-point in one's life. In a bid to make one's wedding unique wedding planning industry derives a reasonable demand owing to their professionalism and touch of precision to make the entire process smooth. Rise in disposable income coupled with time constraints that people face has led to t...

The pension fund market in India was valued at INR 13.72 tr in 2010 and is estimated to grow at 7% CAGR. Low existing coverage and massive workforce in the unorganized sector provides a huge untapped market for the pension market. Strong opportunity for the private players also exists as the government provides ample support to them. The government also aims to take significant measures to impleme...

Financial brokerage market in India is going through sweeping changes with new players looking to be a part of the highly competitive brokerage market characterized by dwindling brokerage and exponential growth of brokers and sub brokers. On the other han...