Partnerships with Large Automotive Brands Booming the Allianz Group Car Insurance: Ken Research

Bajaj Allianz general insurance tie up with Canara bank

Allianz's solid execution in commercial car insurance.

Allianz offers business and individual insurance dispersed through representatives, retailers, affinity accomplices and direct marketing.

Ken research announced latest publication on “Insurance Competitor Profile: Allianz 2016” offers insight on Allianz and its UK business with a shrewd investigation on its structure, its performance in both the commercial and personal lines market and also on its strategies pursued for the marketing and distribution. This report serves a lot of purpose including Allianz's key commercial partnerships, their strengths and weaknesses as well as the opportunities and threats which will be faced by the company going forward. All individual seeking information about Allianz's organizational structure includes its core business segments and also its strengths, weaknesses, opportunities, and threats which Allianz is going to witness going forward.

Allianz works as a worldwide insurer on practically every mainland. They have profound roots in their home market: Western, Northern and Southern Europe. In Central and Eastern Europe and Asia Pacific, Allianz is one of the main worldwide insurance agencies. With various accentuations they are available in America and Africa. They work in almost every sort of insurances such as private insurance, business insurance, asset management, global lines of business, global services and assistance and also provide sustainable solutions.

Canara Bank and Bajaj Allianz General Insurance today consented to a corporate office arrangement for dissemination of Bajaj Allianz's general insurance products through Canara Bank's system of 5,920 branches across the country. Under the vital understanding, Bajaj Allianz General Insurance will offer its industry driving general insurance products to the clients of Canara Bank, Bajaj Allianz said. The association plans to give upgraded client experience by leveraging innovation to increase the thorough scope of third party products and services circulated by the Bank.

Allianz Group is an incorporated finance related service supplier with a worldwide reach of more than 70 nations. It is the market-driving insurer in Germany, furthermore has a solid nearness in France, Italy, the US, and the UK. Allianz Insurance is the UK branch of Allianz Group, and it offers business and individual insurance dispersed through representatives, retailers, affinity accomplices, veterinary practices, and direct promoting.

Allianz's methodology is focused and stagnant. Its own lines serve numerous market sections through various brands, while monetarily Allianz predominantly concentrates on its worldwide, corporate picture.

Allianz's strong performance in commercial car insurance is largely down to established commercial partnerships with large automotive brands.

Allianz's solid execution in business auto protection is to a great extent down to built up business organizations with vast car brands.

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https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/insurance-competitor-profile-allianz-2016/58929-93.html

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Retailing in South Korea is expected to Witness growth Led by Non-store Retailing: Ken Research

Ken Research declared its recent production on, " Retailing in South Korea-Market Summary & Forecasts to 2020", offer bits of knowledge on the changing trends and key issues inside the South Korea Retail market. The production incorporates a shrewd investigation of the most recent trends in retail consumer shopping, covering the components driving retail shopping, customer insights, market trends and reviews of the most recent best practice in retail site design. It likewise provides information to forecast and historic retail sales, furthermore incorporates data on the business environment and country risk related to South Korea's polish retail environment.  In addition, it has comprehensive knowledge on fastest growing product categories and also on the key international and domestic players operating in the Polish retail market-including store counts and revenue. Retail sales and fastest-growing product categories have covered 26 product categories including footwear, clothing, books, news and stationary, electrical and electronics, food, health and beauty, furniture, sports and leisure equipments. This report will guide to explore the novel opportunities and align the marketing strategies with the latest trends influencing consumer behaviour.

The South Korea’s economy is the fourth largest in Asia and eleventh largest across the globe. South Korea is highly known for its magnificent rise in just one generation from one of the poorest countries on the planet to a highly developed with high income country. South Korea's thorough education framework and the foundation of an exceptionally motivated and educated people are largely in charge of impelling the nation's high innovation boom and fast economic development. Having no natural resources and continually experiencing overpopulation in its little region, which dissuaded continued populace development and the formulation of a vast inside customer market, South Korea adjusted an export oriented economic methodology to fuel its economy, and in 2014, South Korea was the seventh biggest exporter and seventh biggest shipper on the planet. Bank of Korea and Korea Development Institute occasionally discharge major economic indicators and economic patterns of the economy of South Korea.

General retailing demonstrated a positive execution in 2015. However, store-based retailing demonstrated a slower development rate, because of the late monetary downturn in South Korea. The spread of MERS (Middle East Respiratory Syndrome), serious dry spell and abroad budgetary default amid the primary portion of 2015 created financial stagnation in South Korea. Store-based retailing was influenced more than non-store retailing. Buyers attempted to cut their spending on groceries, driving the classification to see moderate development. In any case, because of the critical increment in mobile retailing, non-store retailing expanded more than in past year.

In grocery retailers just convenience stores demonstrated a solid execution in 2015, as there was a critical increment popular from single-individual family units in South Korea. As shoppers were exceptionally wary even in their purchases of daily essentials and groceries in 2015, grocery retailers experienced moderate development. In the interim, non-grocery need experts demonstrated a superior execution than in the past three years. In spite of the fact that non-staple experts contend straightforwardly with web retailing, a few channels indicated solid exhibitions amid 2015, because of their forceful advertising exercises.

Topics Covered in the Report

·         Global retailing trends

·         Global retail industry

·         South Korea retail trends

·         Retailing in South Korea

·         South Korea Retail industry forecast

·         South Korea Premium Retail Industry

·         South Korea Food and Grocery Retail Industry

·         South Korea online Apparel industry revenue

·         South Korea Consumer Goods Retail Sector

·         Online Retail Industry Future in South Korea

·         E-commerce Market Regulations South Korea

·         South Korea Ecommerce Retail Market Size

·         South Korea online retail industry

·         Global Retail Industry Research report

·         South Korea E-commerce Sector

·         Online Clothing and Footwear Market research

To know more on the coverage, tap on the link underneath:

https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/retailing-south-korea-market-summary-forecast/57518-95.html

  

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Ken Research
Ankur Gupta, Head Marketing & Communications
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Baba’s Business Booming Sector : Ken Research

Yoga guru, Baba Ramdev’s Patanjali Ayurved Ltd (PAL), which started as a small pharmacy, is now a serious contender in the FMCG race, with its revenue increasing at a CAGR of 65.7% during FY’2010-FY’2015, as per a report by market research fi rm, Ken Research.

“PAL’s competitors have received its entry in good health as they believe that the revival of their ‘Herbal Trend’ could help them reap higher profi ts by increasing sales in this segment. Competing brands have expressed that their products will not compete with PAL as the latter has helped in expanding the market,” says Supriya Goel, Director, Research and Operations, Ken Research.

PAL has expanded to sell the full range of consumer categories, from edible oils, biscuits and noodles to toothpaste, hair and skin care products, groceries and even detergent. The fi rm has 3 manufacturing plants located in Haridwar for production and sale of products, as well as, a network of 1,78,000 retail outlets across the country. With an estimated customer base in the neighbourhood 70 mn people, PAL’s product lines have been devised to appeal to both rural and urban populations.

The company’s current revenue represents only the tip of the iceberg, as Patanjali’s products are only reaching 0.2 mn kirana (mom and pop grocery store) stores, whereas 90% of FMCG products are sold through kirana stores across the country. Having laid a strong foundation in FMCG, PAL is now geared to hoist its fl ag in other natural subsegments.

The company intends to sell liquid milk and is focusing on six sectors—natural medicine, natural food, natural cosmetics, dairy products, cattle feed and natural manure. The company intends to reach a target of Rs 10,000 crore by 2017.

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Ken Research
Ankur Gupta, Head Marketing & Communications
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Mutual Fund Industry is expected to drive the Future growth of Wealth in Belgium: Ken Research

Wealth market growth in Belgium has experienced a slowdown in 2016 following the terrorist attacks and Brexit event.

Asset allocation is dominated by deposits

Tax efficiency has lost its importance due to international regulations on automatic exchange of information.

Ken research announced recent publication titled “Wealth in Belgium: Sizing the Market Opportunity 2016”, offers insight on the Belgian wealth and retail savings and also its investments markets, with a focus on the HNW segment which is based on their proprietary datasets. The production particularly concentrates on asset classes which are favoured by Belgian investors and how their preferences influence the development of the total savings and investments market, Sizes the affluent market and shrewd examination of HNW clients’ attitudes towards non-liquid investments such as property and commodities furthermore identifies the key drivers and booking centers for offshore investments. The individuals who are seeking information on the share of their Belgian wealth market against the current market size and are keen to forecast their future growth prospects using our projections for the market to 2020. This report serves multiple purposes.

Belgium, in the same way as other Western European countries, enjoys a high standard of living and a high per capita income. Every year the United Nations positions the world's nations in its Human Development Report. Belgium reliably positions among the top countries in its human development list that measures the personal satisfaction in nations.

Once again Switzerland tops the list of the world's highest average wealth assets per adult.  Following Switzerland are Australia, Belgium, New Zealand and Norway. Income and wealth dissemination in Belgium have remained genuinely stagnant from the first to the second wave. Access to a superior scope of ventures is the real driver for seaward investments in Belgium, as duty productivity has lost its significance because of global controls on programmed trade of data.

HNW people distribute more than 10% of their investible resources outside customary investments. Multifaceted investments, real estate investment trusts (REITs), and private value funds constitute the main part of ventures outside traditional resource classes. Belgian HNW investors seaward right around a fifth of their aggregate ventures, wanting to remain nearby to home, with Luxembourg alone retaining 40% of aggregate HNW seaward appointments.

To know more on the coverage, tap on the link underneath:

https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/wealth-belgium-sizing-market-opportunity-2016/58930-93.html

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Taiwan Retail Banking Industry Outlook: Ken research

• Branch location is most imperative to post family and younger family consumers than any other segment.
• The study found out that Consumers value honesty and the ability to make their own decisions more than anything else.

• Branch location, reputation, and being a local brand are the most influential factors driving choice of provider, even among younger consumers who may have been expected to be less swayed by traditional considerations.
• Taiwan has a superior but overcrowded financial market.
  

Ken research declared its latest publication on “Retail Banking Country Snapshot: Taiwan 2016” which offer insight on both, global retail banking as well as retail banking in Taiwan which focus upon saving, current, mortgage and personal loan markets. Furthermore, the report offers an in-depth analysis of consumer approach towards the financial sector and how it has evolved over a period of time including who are dominating the market and what factors persuaded them to make such decisions. Likewise it includes the shrewd investigation of the extent of consumers using internet and mobile channels to do their research on financial products. This report will help you learn the impacts which new incumbent and distribution channels will have on the market.

The economy of Taiwan is the fifth largest in Asia and is ranked fifteenth across the globe by global competitiveness report of world economic forum. International Trade is legally assisted by Taiwan External Trade Development Council. Investors and businesses in Taiwan have become major investors in mainland China, Vietnam, Thailand, Indonesia, the Philippines and Malaysia. Because of the stagnant financial policy by the Central Bank of the Republic of China (Taiwan) and the entrepreneurial strengths, Taiwan went through little from the financial crisis of 1997-1999 compared to many economies in the area.

Taiwan recovered rapidly from the global financial crisis of 2007–2010, and its economy has been growing with a greater speed. Taiwan’s economy witnessed a downturn in 2009 because of heavy reliance on exports which in response made it vulnerable to world markets. Unemployment reached levels was not seen since 2003, and the economy fell 8.36% in the fourth quarter of 2008.

The market possesses competitive interest rates and goodwill and this act as the key drivers of provider choice across various life stage segments, emphasizing on the importance of price and trust to all age groups. Moreover, Results indicate that branch location is most imperative to post-family and younger family consumers than any other segment.

Taiwan have progressed however packed money related administrations market. Responsibility for key financial products is broad, with buyers favouring suppliers that have a decent notoriety and with which they have a current relationship. In spite of the fact that web and mobile services are thoroughly accessible, neighbourhood shoppers still exhibit an inclination towards the branch channel over digitalization, to some degree because of Taiwan’s urban structure encouraging branch.

Branch area, notoriety, and being a nearby brand are the most persuasive elements driving decision of supplier, even among more youthful shoppers who may have been required to be less influenced by customary contemplations. Aggressive loan fees and a decent notoriety are key drivers of supplier decision over all life organize fragments, stressing the significance of cost and trust to all age bunches. Trust and duty are the most noteworthy evaluated values, implying that buyers esteem genuineness and the capacity to settle on their own choices more than whatever else.

To know more on the coverage, tap on the link underneath:

https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/retail-banking-country-snapshot-taiwan-2016/58926-93.html

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Trend of m-commerce payments among Dutch Consumers: Ken research

• Dutch consumers have become increasingly comfortable using mobiles to shop online, offering opportunities for further enhancement to mobile-based payment offerings.
• The share of Dutch consumers who use a contactless card has developed more than 20%, showing there is a developing interest in the benefits of new technology.

Ken research announced its latest distribution on “Consumer Payments Country Snapshot: Netherlands 2016,” which offers insight on the consumer payments market in the Netherlands, concentrated on payment cards, online payments, P2P payments, and newer payment technologies such as mobile wallets and contactless and also the shrewd examination of the regulations implied in the industry that players must comply with, and how these have evolved lately. The distribution offers an in-depth analysis of the major payment card types in terms of both card holding and usage, explores the online payment market in the Netherlands by merchant type & payment tool and the regulations affecting the payments market and how they are likely to affect new incumbents and disruptors, furthermore it has investigated the consumer attitudes towards prepaid cards, P2P tools, mobile payment tools, and contactless cards, and how the industry in the Netherlands are deploying these tools to satisfy customer needs. The distribution serves a lot of purposes individuals who are seeking data about the key facts and figures in the consumer payments market in the Netherland, regulatory requirements affecting the players, major competitors new product launches and customers various sentiments over various payment options.

The Netherlands have a generous and open economy, which is dependent hugely on foreign trade. The economy is well known for stagnant industrial relations, fairly low unemployment and inflation, a very huge sizable current account surplus.
The circular deal has been marked by eight urban communities in the Netherlands which are Amsterdam, Almere, Apeldoorn, Haarlemmermeer, Rotterdam, Utrecht, Venlo and Dordrecht, with others quick to join, that spotlights on transitioning to a round economy. Amsterdam was the main city to start research on the possibility of urban communities turning towards circular economies two years back. Because of environmental change and asset productivity, the Amsterdam Metropolitan Region (AMR) intends to lead the development by actualizing changes in the following 10 years that will satisfy their vision for 2025. The AMR will concentrate particularly on discovering answers to take care of potential issues in energy, water and material assets through circular update.
The Dutch payments market is profoundly mature, with consumers very comfortable using debit cards and online payment channels, moreover recent developments in mobile proximity payments as well as contactless technology by the likes of ING, Rabobank, and ABN Amro will witness these payment options gain traction among Dutch consumers.  While e-commerce accounts for the huge majority of online purchases by value in the Netherlands, m-commerce is set to witness a significant compound annual growth rate of 21% between 2015 and 2020. Dutch consumers have become incrementally comfortable using mobiles to shop online, offering opportunities for further uplift to mobile-based payment offerings.
Topics Covered In the Report

• Global payment industry research
• Netherlands payment industry
• Consumer payment industry Netherlands
• Europe payment industry
• M-commerce payment Sector
• Ecommerce industry Netherlands
• Banking industry Netherlands
• Netherlands Plastic Money Market
• Netherlands Debit card demand

To know more on the coverage, tap on the link underneath:
https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/consumer-payments-country-snapshot-netherlands-2016/58932-93.html
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Ken Research
Ankur Gupta, Head Marketing & Communications
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+91-124-4230204

Performance of Retail Banking Sector is Reflection of Settled Economy in Singapore: Ken Research

• Singapore's economy has been ranked as the most open in the world with a very low tax rates.
• MAS has liberalised the regional banking and insurance market to huge foreign involvement. At the same time, the MAS has also adopted a more open and consultative approach in its supervision
• Singapore’s mortgage market is expected to grow strongly

Ken research has announced its latest publication titled “Retail Banking Country Snapshot: Singapore 2016”, which offers insight on retail banking sector in Singapore, which is highly concentrated upon the current account, savings, mortgage, and personal loans markets which includes both market-level data and information from global retail banking insight survey. Furthermore, the report offers an in-depth analysis of consumer approach towards the financial sector and how it has evolved over a period of time including who are dominating the market and what factors persuaded them to make such decisions. Likewise it includes the shrewd investigation of the extent of consumers using internet and mobile channels to do their research on financial products. This report will help you learn the impacts which new incumbent and distribution channels will have on the market along with other specific details.
Singapore has a developed commerce-oriented market economy. Singapore's economy has been ranked as the most open in the world, 7th minimum corrupt, most pro-business, with a very low tax rates. From 2000 to 2010, the GDP of Singapore almost doubled, elevating from S$163 billion to S$304 billion. Real GDP per capita also went up profoundly at a compounded rate of nearly 12% p.a., but inflation and unemployment rates averaged less than 2% p.a. and 3% p.a. respectively during the same period.
A set of profound macroeconomic policies aimed at delivering a conducive environment for long-term investment in the economy. Fiscal policy is directed majorly at enhancing long-term economic growth, rather than cyclical changes or disseminating income. The result of the Singapore’s healthy fiscal position and stagnant budget surpluses over the period of time, Singapore has achieved a high level of foreign reserves and the robust sovereign credit rating for long-term foreign-currency debt in Asia.
Singapore's longer-term economic strategies and regulations are consistently re-examined to accept to changing challenges and priorities over time. Presently, there are concentrated measures in place to grow Singapore as a global-class financial centre such as, the MAS has liberalised the regional banking and insurance market to huge foreign involvement. At the same time, the MAS has also adopted a more open and consultative approach in its supervision and growth of the financial segment, and has relocated the emphasis from regulation to risk-focused supervision.
Customers in Singapore put a high value on trust in relationships with financial services providers, which also vastly influence their choice of provider. Advocacy among customer is less and Singaporeans doesn’t indulge to pay much attention to recommendations when taking a decision on a provider or product.
Singaporeans comparatively have high intention to save, unlike consumers in other markets who are not inclined to choose their previous current account provider for their savings account.  Mortgage product features generally includes payment holidays and the ability to offset against savings, reflecting socio-cultural attitudes of self-reliance and individual responsibility and the high level of saving among consumers.
Generally, Singaporeans tends to use local financial services providers, which is an impediment for foreign banks.  In any case, loans are the only product where Singaporeans are not concerned about the origin of the provider.  This is reflected from the fact that Citibank holds 11% of loans that are issued by traditional banks with a branch presence.
Topics covered in the Report

• Retail banking research report in Singapore
• Singapore retail banking Market
• Global retail banking industry
• Retail banking industry in Singapore
• Cards and Payment industry in Singapore
• Mobile payment market Singapore
• Singapore bill Payment Market Research
• Singapore Money Remittance Industry
• Alternative payment methods in Singapore
• Global Payment Industry Research Report

To know more on the coverage, tap on the link underneath:
https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/retail-banking-country-snapshot-singapore-2016/58931-93.html
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Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
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India Large Appliances Market Outlook To 2020: Ken Research

The report titled “India Large Appliances Market Outlook to 2020- Make in Initiatives to Reduce Imports and Growing Demand for Sensor Enabled Products to Drive Demand” provides a comprehensive analysis of large appliances market in India including revenue from domestic sale in television, washing machine, air conditioner and refrigerator. Market was also estimated based on volume sales in each category. Market is segmented based on product type and sub segmented based on their essential features and price range along with distribution channel. The report also covers the snapshot of logistics, competitive landscape of major players in India large appliances market and export and import scenario. The report concludes with market projections for future and analyst recommendation highlighting the major opportunities and cautions.

The sector has been witnessing significant growth in recent years, supported by several drivers such as the emerging retail boom, real estate and housing demand, greater disposable income and an overall increase in the level of affluence of a significant section of the population. The industry is represented by major international and local players such as BPL, Videocon, Voltas, Blue Star, MIRC Electronics, Titan, Whirlpool and several others. The market for large appliances was evaluated at USD ~ million during 2015, grown at a CAGR of ~% during 2010-2015. The major challenge for the consumer durables market is limited penetration of home appliances in rural areas. It has been witnessed that about ~% of Indian population that lives in its villages still does not have access to consumer electrical appliances.

Television: Television has accounted for the largest revenues in India large appliances market with a share reported at ~% during 2015. Surge in personal disposable incomes, launch of smart TVs with advanced technologies and rise in number of nuclear families have supported the demand. Consumers are switching to flat panel televisions, which have led to phasing out of CRT (cathode ray tube) TV sets from the market.

Washing Machines: Washing machines market has been the second largest revenues contributor to the market during 2015. This category has contributed ~% share to the revenues which has increased from ~% in 2010. The washing machines market in India has increased at a CAGR of ~% during 2010-2015. The front loading washing machine category contributes ~% of the overall washing machine market in the country, which is very ~ compared to the developed countries. This category contributes about ~% in developed countries like US and Europe.

Air Conditioners: The revenue share of air conditioner sales was evaluated at ~`% during 2015, which has declined from ~% in 2010. Decline in sales for window ACs has led to this decline in share which was partially offset by surge in sales volume for split ACs. Domestic production for ACs was evaluated at ~ million units in 2015 which has increased from ~ million units in 2010.

Refrigerators: Revenues share of refrigerator was marked at ~% during 2015 that has declined from ~% in 2010. Refrigerator market in India is led by LG and Samsung followed by Whirlpool with a market share of around ~% during 2015. Leading five major players in India refrigerators market accounted for around ~% market share. Improved living standards, increase in number of nuclear families, large untapped rural market, rapid urbanization, environmental changes and surge in income have driven the refrigerator sales in India.

Competition in India large appliances market is highly intense. In additional to traditional competitors such as Videocon, Panasonic, Voltas and Whirlpool, there are expanding foreign companies such as LG, Samsung and IFB. India customer base is characterized by large and sophisticated customers who always have varied choices and demand competitive and innovative products at economical prices. The replacement demand in India is lower relative to Chinese and Japanese economy.

Revenues for large appliances in India are anticipated to increase at a CAGR of ~% during the period 2016-2020. With rising spend on consumer discretionary goods and the development of product technology, the demand for the diverse consumer durable goods are growing. Demonetization may have a short term quarterly impact on the sales of large appliances but long term outlook is positive for the market. With GST constitutional amendment bill passed by the Rajya Sabha followed by some state legislatures, the government hopes that it would be able to implement GST from April 2017. Favorable tax environment, declining prices of LED components, cheap labor availability and changing preferences of the consumers for high-end products are some of the driving factors of growth for the India LED and OLED TV market.

Key Topics Covered in the Report:

India Large Appliances Market Genesis & Current Outlook
Logistics Handling for Large Appliances in India
Export and Import Scenario of Large Appliances in India
Snapshot of Online Sales for Large Appliances in India
Government Initiatives in India Large Appliances Market
Trends and Developments in India Large Appliances Market
Competition Scenario in India Large Appliances Market
Market Share of Major Players in India Large Appliances Market, 2015
Competitive Landscape of Major Players in India Large Appliances Market
Competitive Landscape for Emerging Players in India Large Appliances Market
India Large Appliances Future Outlook and Projections, 2016-2020
India Air Conditioner Market
India Washing Machine Industry
India Refrigerator Market Size
India Television Market
India Large Appliances Market
Trends Development Large Appliances
Market Share Large Appliances India
India Air Conditioner Sales
Washing Machine Revenue Statistics
Refrigerator Market Competition
Television Sales Household India
Residential AC Market in India
India Online Electronics Sales 
Online Trends Large Appliances
Household Appliances Market in India
Domestic Production AC in  India
Export Data Air Conditioner India
Washing Machine Import India
Import Volume Washing Machine
Export Scenario Large Appliance
Import Situation Refrigerator Market
Competition Market Share Large Appliance
Sharp Profitability Sales Television
Market Share Daikin Air Conditioner
Whirlpool Competition in Washing Machine
LG Sales Television
Samsung Market Share Large Appliance

For more information about the publication, refer to the link below:

https://www.kenresearch.com/consumer-products-and-retail/consumer-electronics/india-large-appliances-market/66043-95.html

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Robo-advice market growing profoundly in the UK: Ken Research

• The UK still positions 6th Worldwide with regards to average wealth per adult.
  
• The market leader in terms of assets under management (AUM) is St. Jamess Place, followed by Coutts and Barclays.
  
• Merger and acquisition (M&A) activity has largely been driven by established players like Aegon acquiring Cofunds from Legal & General.
  

Ken research announced its latest production on “Wealth in the UK: Competitive Dynamics 2016,” which offers insight on the UK wealth management market, which is highly concentrated on the top 20 competitors and the HNW investor segment. The production is based on shrewd analysis; furthermore, it includes an in-depth analysis of latest news related to regulations that pertain to wealth managers which includes better communication with consumers, investors with non-domiciled status, technology, and Brexits impact on regulation. An overview of the top wealth managers in the UK based on business model, new incumbent, latest merger and acquisition activity. This report will serve those who want a better understanding of the changes made to UK regulations related to MiFID, consumer communication, and technology and also want to learn about recent product and service innovations among traditional wealth managers and growth within robo-advice services.

The economy of the United Kingdom is the fifth-largest regional economy across the world measured by gross domestic product(GDP) and ninth-largest on the planet measured by purchasing power parity and it is the second largest economy in the European Union by both measures. In 2015, the UK was the ninth-largest exporter in the world and the sixth-largest importer and alongside is one of the most globalised economies. The administrative sector dominates the UK economy, contributing around 78% of GDP; the financial services industry is specifically imperative, and London is the world's largest financial centre. The size of London's economy makes it the largest city by GDP in Europe.

The labour force in UK by June, 2016 is 31.75 million; the employment rate is 74.5% which is recorded as been high amongst these 1.5% labour force works in agriculture segment, 18.8% in industry segment and 79.7% in service segment.

The United Kingdom's economy is showing improvement over expected after the Brexit vote. In any case, the same can't be said for its wealth. Since the EU referendum, the UK has lost more wealth than some other nation in the previous year. Add up to family unit wealth fell by USD 1.5 trillion on account of a debilitating pound contrasted with the dollar. The UK still positions 6th on the planet with regards to average wealth per adult.

The market pioneer in terms of assets under management (AUM) is St. Jamess Place, trailed by Coutts and Barclays. The AUM of the main 20 UK wealth directors developed by more than 8% year-on-year somewhere around 2014 and 2015. The exhortation market keeps on being a key concentration for the FCA, which presented a progression of recommendations in March 2016 to enhance get to. One such proposition revolves around an 'Advice Unit to help grow the automated advice market in the UK by helping firms create mass-market robotized device models. Merger and Acquisitions (M&A) action has to a great extent been driven by built up players needing to capture more market share or extend their customer offerings. For instance, Aegon obtaining Cofunds from Legal and General and Cazenove Capital Management securing the wealth management business of C. Hoare and Co.

To know more on the coverage, tap on the link underneath:

https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/wealth-uk-competitive-dynamics-2016/58927-93.html

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ICT expenditure in South Korea is expected to Inflate: Ken research

Rapid digitalization has pushed Korean enterprises to invest in upgrade of their networks and improve their network efficiencies.
Enterprises of all sizes opting for on-demand software solutions such as (SaaS) and (PaaS).
Public segment IT projects requiring business change were six times more prone to experience cost invades than private sector.
Ken research declared its latest publication on “ICT investment trends in South Korea; enterprise ICT spending patterns through to the end of 2017” offers insights on  ICT budgets across the core segments of enterprise ICT expenditure such as hardware, software, IT services, communications, and consulting. The report delineates the core technologies that enterprises are putting resources into, including business intelligence, portability management, green IT & virtualization, and web of things. The study of 95 Korean enterprises highlights the way to deal with acquiring technology embraced by endeavours in South Korea. The report aims to offer a superior understanding to ICT vendors and service suppliers when contributing their solutions to enterprises in South Korea. Moreover the publication provides an in-depth analysis of the Korean enterprises investment priorities, new budget plans, outsourced ICT functions, factors affecting such decisions.  This report offers an overview of the changes in customers' priorities and the current strategic objectives of Korean enterprises which will further help every individual from regional to foreign to realign their strategies.

The South Korea’s economy is the fourth largest in Asia and eleventh largest across the globe. South Korea is highly known for its magnificent rise in just one generation from one of the poorest countries on the planet to a highly developed with high income country. South Korea's thorough education framework and the foundation of an exceptionally motivated and educated people are largely in charge of impelling the nation's high innovation boom and fast economic development. Having no natural resources and continually experiencing overpopulation in its little region, which dissuaded continued populace development and the formulation of a vast inside customer market, South Korea adjusted an export oriented economic methodology to fuel its economy, and in 2014, South Korea was the seventh biggest exporter and seventh biggest shipper on the planet.
Korean ventures consider ICT to drive sustainable development, and give them with innumerable chances for upgradation and advancements to their current business processes. Of course, they are putting resources into different ICT fragments to guarantee knowledge sponsored advancement and technology dispersal within their endeavours. In addition to enhancing their business procedure proficiency, ICT is additionally empowering Korean endeavours to upgrade their worker efficiency, and in this manner enhance their general revenues.
Digital transformation oblige changes, to both procedures and IT frameworks that are all the more difficult to execute in public sector than in the private segment. A joint study by McKinsey and Oxford University found that public segment IT projects requiring business change were six times more prone to experience cost invades and 20 percent more inclined to keep running over schedule than such ventures in the private sector.
The public sector area must adapt to extra administration issues, including numerous offices, a scope of organisational mandates and constit­uencies, longer appropriations courses of events, and the challenge of keeping up strategic congruity even as political organizations change.
The reception of on-request software as a service (SaaS) and platform as a service (PaaS) is likewise picking up footing in South Korea, with endeavours of all sizes settling on-request software solutions, whereby software applications are facilitated in the third-gathering server farms. Rapid digitalization and boundless selection of new-age communication advancements has pushed Korean enterprises to put resources into upgradation of their systems to meet the expanding information demands and enhance their system efficiencies.
To know more on the coverage, tap on the link underneath:
https://www.kenresearch.com/technology-and-telecom/it-and-ites/ict-investment-trends-in-south-korea-spending-patterns-2017/53765-105.html
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Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204