Turkey Cards and Payments Industry Research Report And Market Outlook: Ken Research

Competition Scenario in Turkey Credit Cards Market

Turkey is moderately concentrated with a presence of ~ banks with ~% market share and other handful of banks which do not have a dedicated cards business. The turkey cards and payments market is segmented in debit and credit card. Market has fierce competition, i.e., the credit card players have been highly competitive and experimental in product offerings and follow business strategies to expand their reach to untapped audience and retain existing clients. Major existing players have observed brand loyalty due to the dedicated services offered over the period of time. The latest market entry was back in 2016 with troy card, which is a nation payment scheme and now has tied up with ~ banks which are offering troy logo cards.

Turkey Credit Card Market Size Future Outlook and Projections, 2019(E) - 2013(E)

The number of credit cards in circulation is anticipated to grow to ~ million by 2023E. The number of credit card transactions is expected to grow from ~ million in 2019E to ~ million by 2023E. The credit card transaction volume is expected to reach TRY~ billion by 2023E from TRY ~ billion in 2019E. The credit card operators and issuers can increase their member merchant network which will enable the card holder to make transactions which are benefit motivated. These benefits can be in term of monetary benefit / reward point program where in the reward points earned can be redeemed on future transactions. More dependence on credit debt in the coming years will be a major driver for this market with young population being the major card holders due to their tech savvy lifestyle.

Debit Cards Market Size

Debit cards are preferred over credit cards in Turkey, with ~ debit cards per capita, compared with ~ credit cards per capita. When it comes to a preferred card brand with which to shop online, Turkish consumers tend to treat ~ and ~. At present, cash retains a small but not insignificant role in online E-commerce payments, taking ~% of all transactions. This is likely due to the ongoing availability of cash-on-delivery payments in the country. However, the government has indicated its desire to phase out the use of cash. The usage of debit cards has been steadily growing with the number of transactions increasing at a CAGR of ~% from 2014 to 2018.

Turkey Debit Card Market Segmentation, 2014-2018

By Transaction Volume, 2014-2018:-

The volume of debit card transactions has been on a rise since 2014, as consumers prefer to pay directly by account rather than taking debit. The cardholders are switching to debit cards from cash when it comes to micro payments. The variety of goods and services available in small ticket size has contributed the most to the surge in volume of transactions in recent years, also some customers try to avoid the interest for debit and hence prefer debit cards. The volume of transactions has increased from ~ million in 2014 to ~ million in 2018. The four year CAGR has been ~%. The convenience of plastic money has contributed the most to the robust CAGR in previous years.

By Transaction Value, 2014-2018:-

Debit card Transaction Value has shown an absolute increase of ~ % since 2014. In last five years the value of debit card transaction has close to double from TRY ~ billion in 2014 to TRY ~ in 2018. The reasons for such a robust growth are debit card reward program, substitution of hard cash use for micro payments, innovative technology integration in debit and debit card market. 2016 witnessed the maximum year on Year growth of ~% as the BKM introduced the National Payment scheme – TROY which penetrated the operator debit card market to the extent of ~ million transactions as of 2018.

By Average Transaction value, 2014-2018:

The average debit card Transaction Value was computed by dividing the total Transaction Volume from total value of transaction. It has been observed that the average transaction size increased from TRY ~ in 2014 to TRY ~ in 2016. However, the growth from 2017 to 2018 has been stagnant at ~% due to almost equal proportional increase in both value and volume of debit card. In Absolute terms, the Average Transaction Value increased from TRY ~ in 2014 to TRY ~ in 2018, which is ~% increase. The four year CAGR is at ~%.

By Number of Debit Card in Circulation, 2014-2018:-

It has been observed that the number of debit cards in circulation have increased from ~ million in 2014 to ~ million in 2018. The surge in the number of cards in circulation is approximately by ~ million which indicates the consumer prefer debit cards over cash. The debit cards issued has been on a rising trend at a four year CAGR of ~%. The year on year growth rate has been in the range of ~% to ~% in the last four years. In the last two years the growth rate has doubled at ~ % and ~% in 2017 and 2018.

Respectively, indicating the demand of debit card. The subscription has gone up and the cardholders are willing to spend more on debit in order to avail the benefits of reward program and other perquisites.

Competition Scenario in Turkey Debit Cards Market

Debit card market within Turkey is fairly concentrated with a few banks. The banks are providing different types of debit cards having different features, technology and merchant tie-ups. The market is highly competitive and marketing campaigns is a very significant variable considered by all the players with a fair market share both in terms of volume and Transaction Value and number of cards in circulation. The Turkey debit card market is highly competitive as the players are highly prone to lose out the market share because of continuous technological advancement in the financial technologies leading to obsolescence of existing technologies. The players continuously develop new technologies and keep in increasing their network with member merchants in order capture more and more target audience.

Turkey Debit Card Market Size Future Outlook and Projections, 2019(E) - 2013(E)

The number of debit cards in circulation is anticipated to grow to ~ million by 2023E. The number of debit card transactions is expected to grow from ~ million in 2019E to ~ million by 2023E. The debit card transaction volume is expected to reach TRY~ billion by 2023E from TRY ~ billion in 2019E. The debit card operators and issuers can increase their member merchant network which will enable the card holder to make transactions which are benefit motivated. These benefits can be in term of monetary benefit- reward point program where in the reward points earned can be redeemed on future transactions. Although the market is moving towards debt but debit card is expected to dominate due to preference of customers for.

Key Segments Covered:-

Credit Cards

Value of transaction

Volume of transaction

Number of Credit card in circulation

Domestic Transaction Using Domestic Credit Card

International Transaction Using Domestic Credit Card

Domestic Transaction using International Credit Card

Sectoral Spending

Debit Cards

Value Of Transaction

Volume Of Transaction

Number Of Debit Card In Circulation

Domestic Transaction Using Domestic Debit Card

International Transaction Using Domestic Debit Card

Domestic Transaction Using International Debit Card

Sectoral Spending

Key Target Audience:-

Credit/ Debit Card Operator

Credit/ Debit Card Issuers

Prepaid Card Issuers/ Operators

Local/ Foreign Bank

Reward/ Loyalty Program Business Operators

Payment gateway provider

Credit/ Debit Card Issuer

POS Device Manufacturers

Debit/ Credit Card Manufacturing companies

ATM Manufacturing Entities

Investors

Time Period Captured in the Report:-

Historical Period: 2014-2018

Forecast Period: 2019-2023

Companies Covered in Turkey Card Market:-

Issuers

Turkiye Cumhuriyeti Ziraat Bankasi AS

Turkiye Vakiflar Bankasi TAO

Turkiye Halk Bankasi AS

Denizbank

Yapi ve Kredi Bankasi AS

Turkiye Is Bankasi AS (Is bank)

Garanti Bankasi AS

Ak bank TAS

Finansbank AS

TEB AS

Seker Bankasi AS

HSBC Bank AS

Citigroup Inc

Operators

Visa Inc

MasterCard International Inc

American Express Co

Troy

For more information, refer to below link:-

Turkey Cards and Payments Market

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Russia Payment Services Market Outlook To 2025- Breaking New Grounds Through Alternative Payment Systems Such As Contactless Payments Albeit Challenging Profitability Of Incumbent Firms)

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Landscape Of The Middle East Cyber Security Market Outlook: Ken Research

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In the recent past, the Cyber Security Market In The Middle East registered a positive CAGR. The size of the market increased constantly during the past. The growth was effectively fueled by the menace arising from the effectively growing number of cyber attacks on the dangerous infrastructure which were of the national importance. The effective technological advancements and growing aim on the infrastructure development has also resulted in the increment in the requirement for the cybersecurity. The cyber crimes are one of the principal concerns for the corporates in the present trend. The number presents that the corporates have to face a lot of loss which are in both perceptible as well as imperceptible form.

Based on the region, the Central Middle East region is the biggest market for the cyber security products which registered for the mainstream of the market share in the recent past years, speedily followed by the Western and Southern part. The Great number of the cyber attacks over the years and speedy digitalization are the foremost cause behind the growth in the economy.

The market is registered by the firewall and intrusion detection system which together attribute mainstream of the total share in the cyber security market. By the type of solution, the market based on the type of security delivered by the several merchants is classified into the Network security, end-point security, wireless security, application security, content security, and cloud security. The Network security attributed the foremost share, which is followed by the wireless security and end point security.

Furthermore, the inventors of cyber security items in the Middle East sell their offerings to end users through wholesalers and system integrators. The reports on the cyber security effectively aims on deliberating the attractiveness of both foremost developers as well as system integrators existing in the market. The market is effectively registered by the foremost global players although appearance of some other players has occasioned in transformation of market dynamics. The report elucidates the restrictions to differentiate one competitors from others and procedures through which each company can be appraised from the perception of end users.

Although, the players in the cyber security market across the globe are positively adopting the profitable strategies for enlarging the business premises, generating the high amount of revenue, and ruling across the globe. The market for cyber security in the region is assessed to increase by double digit CAGR. This market will be principally fueled by the sale of firewall and interference detection devices which will attain the most of the market share correspondingly. The market will principally increase owing to the demands of the network security which most of the originalities fell as the basic inevitability in today’s ever developing cyber menace landscape. The Central and Western region will fuel the majority of need in the near future majorly owing to the modification of economy in regions as well as digitalization of prevailing infrastructure. The Cloud security is one technology which will have a widespread effect on the market. Therefore, it is projected that the market of cyber security will increase across the globe more significantly over the coming years.

For more information on the research report, refer to below link:

Cyber Security Market In The Middle East

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Global Cyber Security in Healthcare Market 2019 by Company, Regions, Type and Application, Forecast to 2024

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Growing Landscape of the Asia Pacific Used Car Vehicles Outlook: Ken Research

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In the Asia Pacific region, the Philippines used the Vehicles Industry is one of the most auspicious markets within the Southeast Asia due to the wide volume being traded each year. There have been a number of regulatory transformation that have obstructed the market namely the present amendment on the greater tax rates for the vehicles in the dissimilar cost brackets. There are also a number of several other challenges that present for the market namely price discrepancies, shortage of standardization and several others. Whereas, the market has a lot of capacities to increase and is presently observed to be in its growth stage. However, there are a number of growth factors which has occasioned in an enlargement of the market since 2014, a listing of vehicles on online auto portals or social media pages namely Facebook, an augment in the back repossessed car market and the perception of trade-ins.

The effective growth in the average ticket size of the used car, the enormous augment in the requirement for the used cars, a surge in the online catalogue of used vehicles is some of the causes to outgrowth the growth in the ASIA PACIFIC USED VEHICLES MARKET. Therefore, in the near years, it is projected that the market of used car will increase more effectively over the coming years.

By the type of market, in the Asia Pacific, the organized market of the Philippines used car market is small in the assessment to the unorganized market in terms of the revenue in the recent past. The organized market comprises of DDSA, banks repossessed cars and the multi-brand merchants. The unorganized market consists of the freelancers and people customers selling a very lower capacity a very low volume of vehicles in the region. The C2C/unorganized market of the Philippines in the Asia Pacific region is deducting year on years owing to the growing consciousness on the perks of purchasing a car from the organized segment. The cars with the misfortune history are very problematic to track in the unorganized market, therefore, the potential client has taking place to switch their pre-owned car buys to organized market.

Nonetheless, in the Asia Pacific region, within the organized market, the sales channel can either be a direct dealership walk-in or a lead created by the online sites for the organized players to augment their sale possibility. In the case of an online channel, the subsequent sale of the unit takes the place from a physical position only. The unorganized market players also take the effective benefit of listing their fleet on confidential portals and social media platform to augment their outreach. Although, the other channel is, straight the dealer sellout, wherein the separate seller arranges of the used car for the fair market cost to either the multi-bran d dealer or DDSA.

Nonetheless, in the Asia Pacific region, the Japanese produced used car brands were the most frequently promoted the used cars in the Philippines market. This is owing to the most of the Japanese cars brands are robust because of superiority manufacturing and are obtainable at an inexpensive price. The technology used in the Japanese cars is professed to be better than the rest of the producers. The German cars are also very prevalent among the consumers in the Philippines; however, they are comparatively sophisticated priced. Toyota Certified is the principal Direct Dealership Sales Agents (DDSA), included in marketing the maximum volume of specialized used car. This is followed by Nissan Philippines and Honda Philippines.

To know more, click on the link below:-

ASIA PACIFIC USED VEHICLES MARKET

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Rise in Incidence of Valvular Heart Diseases Expected to Drive Global Transcatheter Market over the Forecast Period: Ken Research

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Transcatheter is a minimally invasive procedure, used to change the valve in patients with cardiac stenosis without eliminating a damaged or old valve. It is frequently used to replace the damaged heart valve. It has drastically altered an outlook of treatment with minimally invasive procedures in approximately all therapeutic areas. Some of the side-effects are included bleeding, problems with the replacement valve, for instance the valve slipping out of place or leaking, blood vessel complications, heart rhythm abnormalities (arrhythmias), stroke, heart attack, kidney disease and infection etc.

According to study, “Global Transcatheter Market Research Report: By Type of Treatment (Transfemoral Approach, Transapical Approach, and Others), by Product Type (TAVR and TMVR), by End-User (Hospitals, Ambulatory Surgical Centers, Others), and by Region-Forecast Till 2023” the key companies operating in the global transcatheter market are Edward Lifesciences Corporation, Braile Biomedica, Meril Life Sciences Pvt. Ltd, Venus Medtech Inc., JenaValve Technology, Inc., Direct Flow Medical Inc., Boston Scientific Corporation, Symetis SA, Abbott Laboratories Inc., Bracco Diagnostic Inc. (HLT, Inc.), Medtronic Plc., NVT AG, St. Jude Medical Inc., JC Medical Inc., Cook Medical Inc.

Based on valve type, transcatheter market is segmented into Transcatheter Pulmonary Valve Replacement (TPVR) and Transcatheter Aortic Valve Replacement (TAVR). TAVR segment dominate the market owing to high acceptance of TAVR over TMVR as it contains of repairing the valve without an extraction of the old damaged valve. Based on type of treatment, market is segmented into transapical approach, transfemoral approach and others (transaortic approach). The transfemoral approach holds major share due to rise in prevalence of valvular heart diseases in older adult population, and growth in advancements in transcatheter heart valves. The transaortic approach segment is anticipated to grow at the highest CAGR during the forecast period as a result of rise in aorta cannulation which is routine in cardiac surgeries. In addition, based on end-user, market is segmented into ambulatory surgical centers, hospitals, cardiac catheterization laboratory and others. Hospitals are the leading users of transcatheters as a result of the high number of patients admitted for different treatment procedures.

The transcatheter market is driven by rise in incidence of valvular heart diseases, followed by favourable reimbursement scenario, increase in per capita income, growth in adoption of minimally invasive procedures, rise in healthcare expenditures, rise in prevalence of cardiovascular diseases, and increase in number of TAVR procedure. However, rise in associated risks with TAVR and varied stringency of regulatory procedures delays product launches may impact the market. Moreover, expansion of TAVR to low & intermediate risk patients and rise in focus on transcatheter mitral valve replacement are key opportunities for market.

Based on geography, the Asian-Pacific region holds major share, followed by European region in transcatheter market owing to rise in geriatric population, increase in surgical procedure volumes and growth in number of endovascular procedures in the region. The North-American region is expected to witness higher growth rate due to launch of technologically advanced & innovative products over the forecast period. It is estimated that future of the market will be bright on account of introduction of innovative products for instance transcatheter mitral valve repair devices, chronic total occlusion devices, and aortic stents during the forecast period. It is projected that the market will be reached at US $8,191.26 million, at a CAGR of 13.38%, by 2023.

For more information, click on the link below:

Global Transcatheter Market

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Ken Research                                   

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

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Growth in Customer Inclination towards Eco-Friendly Products Expected to Drive Bio-Based Platform Chemicals Market over the Forecast Period: Ken Research

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Bio-based chemicals are products derived from natural or biological origins for instance feedstock, crops, trees, plants, and biological waste. The products are suitable alternative to conventional chemicals and play a major role in reducing the reliance on fossil fuels. The products are used to reduced carbon emission levels & maintain the ecological balance. Lignocellulose is the most generally available raw material used for the production of biofuels.

According to study, “Bio-Based Platform Chemicals Market Research Report by Type (Sugar, Syngas, Biogas, Oil, Algae, and Others), Application (Polymers, Fuels, Solvents, Pharmaceuticals, Perfumes, and Others), and Region (North America, APAC, Europe, and Others)-Global Forecast to 2023” the key companies operating in the bio-based platform chemicals market are BioAmber Inc., Qingdao Kehai Biochemistry Co. Ltd., Braskem, AVA Biochem AG, Itaconix PLC, Royal DSM NV, GF Biochemicals Ltd, GC Innovation America, BASF SE, Mitsubishi Chemical Corporation, Aktin Chemicals Inc., DuPont, Evonik Industries AG, Koninklijke DSM NV, Champlor (Valtris Specialty Chemicals), Zhejiang Guoguang Biochemistry Co. Ltd, LyondellBasell Industries NV, Kawasaki Kasei Chemicals Ltd., Cargill Incorporated, Reverdia, Nippon Shokubai Co. Ltd., PTT Global Chemical Public Company, Novozymes, Tokyo Chemical Industry Co. Ltd.

Based on type, bio-based platform chemicals market is segmented into Bioplastics, Bio-Lubricants, Bio-Solvents, Bio-Alcohols, Bio-Based Acids, and Bio-Surfactants. Based on platform type, market is segmented into C-3, C-4, C-5 and C-6. C-3 is further sub-segmented into Glycerol, and 3-Hydroxypropionic Acid. C-4 is further sub-segmented into succinic acid, malic acid, fumaric acid, and aspartic acid. C-5 is further sub-segmented into glutamic acid, levulinic acid, itaconic acid, and xylitol. Additionally, C-6 is further sub-segmented into glucaric acid, sorbitol, and 2, 5-furan dicarboxylic acid. C-3 platform chemicals segment holds the largest share due to growth in end-user industries such as construction, plastic, and paints & coatings. Based on product type, market is segmented into sugar, biogas, oil, syngas, algae, and others. Sugar segment is anticipated to maintain its dominance during the assessment period owing to the abundant availability of carbohydrates derived from lignocellulosic biomass. In addition, based on application, market is segmented into pharmaceuticals, adhesives & sealants, agriculture, paint dispersion, paints & coatings, detergents & cleaners, personal care, packaging, and food & beverages, and others.

The bio-based platform chemicals market is driven by rise in availability of low-cost feedstock, followed by increase in customer inclination towards eco-friendly products, rapid industrialization, favorable government regulations, increase in use of bio-based products and rise in technological modification. However, high production cost may impact the market. Moreover, support from the federal government is a major opportunity for market.

Based on geography, the Asian-Pacific region holds major share, followed by European region in bio-based platform chemicals market owing to favorable regulatory policies towards polymer manufacturing industries and rapid growth in development of infrastructure in the region. The North-American region is expected to witness considerable growth rate due to rapid consumption of pharmaceutical items along with rise in demand for cosmetic products over the forecast period. It is projected that the market will be reached at fast pace as a result of inclination towards organic products, change in lifestyles of consumer, and increase in expendable income levels during the forecast period.

To know more, click on the link below:-

Bio-Based Platform Chemicals Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

ankur@kenresearch.com

+91-9015378249

Facility Management Market | Facility Management Services Market Revenue: Ken Research

Facility Management Industry:-The industry of real estate is gaining efficient consideration with the more developed in the technology and with the segment of facility management in the present time. Whereas, the Facility Management Market has converted into a more improved platform with significant advancement in the technology at a large scale in the respective region as it is the richest market and involves a wide amount of transactions that might be done among the economies also. The facility management is an energetic profession that incorporates numerous disciplines to authorize the comforts, functionality, safety, and proficiency to create the surrounding by participating the people, technology, place, and procedures. Furthermore, the Major players in this market is playing an important role in attaining the handsome value of the market share and dominating the highest market growth across the globe, while introducing the e-commerce platform for accomplishing the increasing requirement of the potential buyers and proposing effective services.

Although, propelling the requirement for the facility management services are the initiation of the co-working office market. Co-working spaces focus to generate a cooperative observation for its residents and facility management services that aim at the conveyance of this through the well-organized management of the operation, cost submission through the technology interface and wellness, processes will be more sought after. Therefore, in the coming years, with effective applications, the market of facility management is predicted to increase around the globe more significantly over the recent few years.

Moreover, the Facility Management Industry will observe the magnitudes when most construction happenings move towards developing markets. Growing antagonism coming from the fresh players in the emerging markets will force businesses to search for superior differentiation and to be advanced in how they modify their business models and deliver the extra worth to clients. Furthermore, with the robots doing the whole thing from supervising the routine jobs to functioning compound operations, artificial intelligence (AI) is no lengthier a distant dream. The facility management service suppliers that utilize artificial intelligence can become value-added partners by providing maintainable solutions in an industry that is extraordinary cost, great expense, and weight maintenance.

With the help of various technologies such as Virtual Reality, the user does not have to run from one place to another to view their property and assure that they do not have to wait till it is constructed to visualize it.  This technology will generate an effective tool for all the key players and will boost the market of real estate with a positive requirement. Moreover, with the huge development in technology, the Facility Management Market Growth Rate will expand across the globe with increasing innovations in the applications.

To Know More, Click On The Link Below:-

Chile Facility Management Market Outlook to 2023

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

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Increase in Congestion & Overcrowding Expected to Drive World Special Fire Truck Market over the Forecast Period: Ken Research

Special fire truck is a special category of fire engine, designed mainly for firefighting operations. Special fire truck is used by fire departments in various rescue operations & medical emergency services. It is fitted with communication equipment which uses mobile computer technology, two-way radios and visual & audible warnings. It is also used to transport firefighters to the sites, for offering necessary equipment & water to fight the fire and to bring it under control. The key properties include enhance performance, safety and capability of the fire truck.

According to study, “World Special Fire Truck Market Research Report 2024(covering USA, EU, China, South East Asia, Japan and etc)” the key companies operating in the world special fire truck market are Rosenbauer International AG, Magirus GmbH (CNH Industrial Group), Oshkosh Corp., KME Corp., E-ONE, Albert Ziegler Firefighting, Gimaex International, CFE, Ferrara Fire Apparatus, Bronto Skylift Oy, Xuzhou Handler Special Vehicle Co. Ltd., Weihai Guangtai, Beijing Zhongzhuo, Morita Holdings Corp., Boise Mobil Equipment Inc., Tianhe, Zoomlion Heavy Industry Science & Technology Co., Ltd., Spartan Motors, W. S. Darley & Co., Alexis Fire Equipment Company, Danko Emergency Equipment, Co., Emergency One Inc., Smeal Fire Apparatus, HME Incorporated. The key manufacturers are implementing novel innovation practices to gain maximum benefits in the competitive universe. Manufacturers are also expanding their fire truck portfolio to address the rising challenges faced during firefighting & rescue events.

Based on product type, special fire truck market is segmented into forest fire engines, smoke car, ARFF, dangerous goods fire engines and others. Based on tools type, market is segmented into ladders, self-contained breathing apparatus, hydraulic rescue tools, ventilating equipment, and first aid kits. In addition, based on application, market is segmented into city fire fighting, firefighting in the wild, industrial firefighting, airport firefighting and others.

The special fire truck industry is driven by growth in industrialization, followed by increase in congestion & overcrowding, rise in number of commercial spaces in developing countries, growth in awareness regarding fire safety, rise in product innovation, strict regulations by the government, increase in budgets for the development of fire & safety departments, rise in number of fire stations, acceptance of new & advanced technology, increase in use of advanced digital tools & modern electronics, and rise in government norms towards fire safety compliances. However, lack of standard protocols for the development of fire truck, high initial cost of the truck and low rate of replacements of fire trucks may impact the market. Moreover, growth in product innovations, increase in demand for electric firefighting truck, growth in technological advancements and improvement in economy are key opportunities for market.

Based on geography, USA country holds major share in special fire truck market owing to stable economy, advanced technology, and presence of major key manufacturers in the country. China and Japan countries are expected to witness higher growth rate due to growth in awareness about the importance of fire-fighting apparatus and increase in population over the forecast period. It is estimated that future of the market will be bright on account of rise in incidence of wildfire in forests and growth in number of fire hazards during the forecast period.

For more information on the research report, refer to below link:-

Global Special Fire Truck Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

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Comparative Landscape In Saudi Arabia Online Car Wash Market: Ken Research

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How Saudi Arabia Online Car Wash Market Is Positioned?

Due to less technological advancements, the country was observed with traditional bucket car washing and stationary car washing methods. During this phase, people were observed with more of cars and unwanted waiting in queues for car wash. The car wash market is being dominated by large chunk of unorganized / independent car wash / car maintenance service providers which consume large quantity of water thus, leading to water wastage. Car wash and car care business in the country evolved after the introduction of several online mobile app aggregators that tend to connect users with car wash service providers. Later on, the Companies focused towards providing different type of car wash services such as steam wash, car waxing and polishing, waterless car wash. Apart from that, they specialize in providing road side assistance and car maintenance. Growing number of cars as well as the economic development in the KSA has made it one of the most promising markets in the car wash industry. Car wash industry in the KSA has been growing along with the growing need for enhanced car wash and car care products, solutions and services.

The car wash business has taken off in the Middle East region owing to the difficult weather conditions in the region including sandstorms thereby, leading to significant need for intensive cleaning and car maintenance services. The online car wash market of KSA was observed to generate a gross transaction value (GTV) of close to SAR ~ million in the year 2018 including online car wash services via both service centers and mobile car washing.

Comparative Landscape In Saudi Arabia Online Car Wash Market

Competition within the KSA online car wash market was observed as highly fragmented with the presence of mobile app aggregators who provide an online platform where customers can avail car maintenance services from listed service providers / centers across the country. The market is presently operating at a nascent stage as the concept of booking car wash via mobile application is fairly new in the market. As a result of which, there is no dominant player in terms of car washing within the Kingdom as they receive limited bookings on a daily basis. Some of leading online car maintenance aggregators operating in the KSA include CarSpa, CarHub, Morni, Ezhalha, Luz Car Wash and others.

Key Segments Covered

Car Wash Services

Car Wash via Service Center

Mobile Wash Service at Doorstep

Key Target Audience

Independent Car Wash Service Providers

Online Car Wash Service Providers

Mobile Car Wash Service Providers

Car Maintenance and Car Care Service Providers

Car Wash Equipment Players

OEM Service Stations

Multi-Brand Car Outlets

Private Equity and Venture Capitalists

Time Period Captured in the Report:

Market Size - 2018

Companies Covered:

CarSpa

Ezhalha

Car Hub

Morni

Key Topics Covered in the Report

Saudi Arabia Car Wash Market Overview and Size

Saudi Arabia Online Car Wash Market Size By Gross Transaction Value, 2018

Business Model / Operating Model in Saudi Arabia Online Car Wash Market

Competitive Scenario of Major Car Wash Service Providers Operating in the Saudi Arabia Online Car Wash Market

Strengths and Weaknesses of Major Car Wash Service Providers (CarSpa, Ezhalha, Car Hub and Morni) Operating in Saudi Arabia Online Car Wash Market

Company Profile of Major Mobile App Aggregators (CarSpa, Ezhalha, CarHub and Morni) Operating in Saudi Arabia Online Car Wash Market

For information click on the below mentioned link:

Saudi Arabia Online Car Wash Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Changing Insights Of The Asia Pacific Remittance Market Outlook: Ken Research

Asia Pacific remittance market region has observed an auspicious growth over the recent past years. Increasing internal migrant populace both intra-regional and inter-regional due to the better job choices has prompted the size of the market. During the forecasted period, the domestic remittance market has presented a tremendous growth at an effective CAGR in the terms of transaction capacity created from the personal remittance within the region. The banks in the Asia Pacific region register the domestic remittance market compared to the non-bank channels. Growing share of the non-bank channels was witnessed during the forecast duration as it increases with the positive CAGR during the recent past years. Also, increasing popularity of utilizing the digital podiums for transfers such m-wallets of Gopay and OVO m-wallet.

Whereas, in the Asia Pacific region, the Indonesia domestic remittance market is abstemiously determined with the effective existence of different players involving money transfer operators, banks, M-wallets and postal connections. Among the banks that are functioning in the domestic market, Bank Mandiri and Bank Central Asia controls a foremost share of the market in the terms of capacity of transactions carried with the banks during the recent past years. In addition, the Bank Mandiri registered domestic market in the terms of volume of transactions in the recent past years. In Indonesia, the opportunities of channel fluctuate along with the variety of remittance that is whether it is domestic or international. The Domestic remittance market is registered by the banks in the terms of capacity of transactions, as consumers prefer banks due to their broader accessibility and protection, with the determination in the domestic market.

Furthermore, the international remittance market has presented an auspicious augment in the growth rate overall, however, the inbound market effectively presented an effective growth and slight deduction was witnessed in outbound sector during the recent past years. The total transaction value enlarged demonstrating a five years CAGR. The effective increase in the Fintech startups and government rolling out mobile payments benefit to this improvement. Along growing competition between the banks and non-banks channels, a deduction in commission was witnessed along with the advancement in the level services delivered by the remittance corporates during the forecast period.

The Indonesia International remittance market observed a mainstream of its involvement from the inbound remittances from the Indonesia in the recent past years. The effective advancement in the global remittance market has supported overseas Indonesia workers to find the effective jobs in the GCC regions and ASEAN region to remit the money home with the dissimilar channels.

The effective increase in the infrastructural & developmental activities commenced by the government and growing business segment investment in the Asia Pacific region are predicted to propel the growth in the domestic remittance market in the country. Additionally, the augmenting mobile phone and internet perception will boost the growth of market which will sustenance the advancement of Fintech and digital payments services such as M-wallets and E-money in the Asia Pacific region.

For more information on the research report, refer to below link:-

Asia Pacific Remittance Market

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Ken Research
Ankur Gupta, Head Marketing & Communications
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Growth in Development of IT Healthcare Organizations Estimated to Drive CDSS Market over the Forecast Period: Ken Research

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Clinical decision support system or CDSS is an administrative as well as clinical tool which helps in improving operational efficiency of healthcare practices. It is designed to assist physicians & other health professionals in clinical decision-making tasks. It is an adaptation of decision support system generally used to aid business management. CDSS deployment helps managing data faster decision-making, and higher workflow efficiency in patient care.

According to study, “CDSS Market: Component (Software), Product (Integrated CDSS), Model (Knowledge-Based CDSS) Delivery Mode (On-Premise CDSS), Mode of Advice (Active CDSS), Setting (Inpatient Setting), Type (Therapeutic CDSS), Application (Advanced CDSS) - Global Forecast Till 2023” the key companies operating in the CDSS market are Hearst Communications Inc., Wolters Kluwer Health, Oncology Analytics, Inc., Elsevier B.V., Athenahealth, Inc., Truven Health Analytics, Agfa-Gevaert Group, Zynx Health, National Decision Support Company, Persivia Inc., Siemens AG, VisualDx, Epic Systems Corp., Alfa Healthcare, Cerner Corp., NextGen Healthcare Information System, Carestream Health Inc., McKesson Corp., First Databank, Inc., Wolters Klywer NV, Philips Healthcare, ELSEVIER B.V, Medical Information Technology Inc., Inferscience, Inc., GE Healthcare, Allscripts Healthcare Solutions Inc., IBM Corporation. Companies are implementing the strategy acquisition & collaboration with parallel companies to expand or strengthen its geographic presence in international market.

Based on type, CDSS market is split into diagnostic clinical decision support systems and therapeutic clinical decision support systems. Based on component type, market is split into services, hardware and software. Based on product type, market is split into standalone CDSS, integrated Electronic Health Record (EHR) with CDSS, integrated Computerized Provider Order Entry (CPOE) with CDSS and integrated CDSS with CPOE and EHR. Based on model type, market is split into knowledge-based CDSS and non-knowledge-based CDSS. Based on delivery mode, market is split into on-premise CDSS and cloud-based CDSS. Based on level of interactivity, market is split into active CDSS and passive CDSS. Passive CDSS segment is projected to be the most attractive market owing to advantages such as saving user’s time, providing valid & reliable information, and integrating system recommendation alerts. Based on setting, market is segmented into ambulatory care settings and inpatient settings. In addition, based on applications, market is segmented into clinical guidelines, drug allergy alerts, drug-drug interactions, clinical reminders, drug dosing support and others.

The CDSS market is driven by growth in incidence of medication errors, followed by government support & initiatives, rise in prominence and usage of big data & Mhealth tools, high prevalence of chronic diseases, increase in adoption of cloud computing in healthcare, high returns on investment for CDSS solutions, and partnerships between clinical decision support companies and medical research groups. However, reluctance to adopt mobile CDSS, data security concerns related to cloud-based CDSS, high investments for IT infrastructure and lack of interoperability may impact the market. Moreover, rise in technological advancements in healthcare IT solutions and emerge in markets for healthcare IT are major opportunities for market.                   

Based on geography, the North-American region holds major share in CDSS market owing to presence of a large number of reimbursement policies, growth in technologically advanced research & treatment platforms for diagnosis of chronic diseases, increase in development of IT healthcare organizations and rise in Canadian healthcare infrastructure in the region. The Asian-Pacific region is predicted to witness higher growth rate due to increase in the group medical practices and rapid growth in the geriatric population over the forecast period.

To know more, click on the link below:-

Global Clinical Decision Support Systems Market

Related Reports:-

Clinical Decision Support Systems (CDSS) Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)

Global Clinical Decision Support Systems (CDSS) Market Analysis 2013-2018 and Forecast 2019-2024

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Ken Research

Ankur Gupta, Head Marketing & Communications

ankur@kenresearch.com

+91-9015378249