Wednesday, May 24, 2017

REVOLUTION IN BULGARIA BY 2030 – Ken Research

Research reveals that there will be a decrease in the population of Bulgaria to 6.4 million compared to the year 2015. There will be a sharp decline in the population due to negative natural changes.  All the negative natural changes are caused due to falling birth rates and high death rates, plus high rates of evacuation. Urban residents will decline at a slower speed than the rural inhabitants. Bulgaria country analysis ,Bulgaria demography analysis ,Bulgaria economy analysis ,Future outlook of Bulgaria ,Bulgaria urban population ,


Majority of the Bulgarians reside in the urban areas and speak the national language, Bulgarian. The literacy rate in Bulgaria is 98.6% irrespective of sex. The educational ethics are traditionally high compared to the global standards. The state government provides free education in public schools. Bulgarian population is guaranteed with religious freedom. More than three-quarters of the population belong to Christian community. The second largest community are the Sunni Muslims and the rest of the population do not identify themselves with a specific religion. Bulgarian health care system is financed by taxes and contributions. The majority of deceased cases are related to cardiovascular diseases, neoplasms and respiratory diseases.
From 1990’s there was a negative population growth in the state of Bulgaria. The economic downfall has resulted in long-lasting emigration wave. The population growth and birth rates are among the lowest in the world while death rates are among the highest.
Out of the country’s total labour force 7.1% are employed in agriculture, 35.2% are employed in industrial sector and 57.7% are employed in service sector. Extraction of metals and minerals, petroleum refining, steel manufacturing, production of chemicals, machinery and vehicle components are the major industrial activities. Europe’s sixth largest coal producer is Bulgaria. Exports products include oil, copper, pharmaceuticals, food products, perfumery oils. Out of all the service sectors tourism contributes to economic growth of Bulgaria.
In 20 years time from now Bulgaria will be far more comfortable in exploiting its geo-strategic location. We can anticipate investment of the thriving Russian-owned companies and an energy-diversified Bulgaria to be receiving gas directly from Russia and Azerbaijan. Bulgaria and Turkey are expected to be the closest of allies. There will be huge opportunities for Bulgaria, with a large minority of Bulgarians speaking Turkish.
According to Ken Research report “Bulgaria in 2030: The Future Demographic”, in 2030, Bulgaria will have thriving markets globally. Bulgaria will see itself as an excellent provider of educational services, and will be recruiting the next generation of science and technology academics and professionals to build a long-standing reputation. Educated young generation will choose to live and develop their career in Bulgaria giving a positive option for those who left to return.
Bulgaria will be a more transparent country by 2030. Every decision and public contract be published giving more transparency in the decision-making process. The Bulgarian citizens will be able to enquiry items of expenditure and procurement processes, at national and local level. Bulgaria’s regulators will become universally admired for their independence from government. This will result in less corruption and more efficiency.
Bulgaria by 2030 will complete its transition into the digital world. Most of the businesses will be done online reducing the risk of corruption. Bulgarian citizens will demand consumer and expectant shares in public service provision. Bulgaria will also establish a genuine Civil Society by 2030 giving power to every citizen the right, to intervene with government, judiciary and business showing its positive transformation.
Topics Coverd in the Report
  • Bulgaria country analysis
  • Bulgaria demography analysis
  • Bulgaria economy analysis
  • Future outlook of Bulgaria
  • Bulgaria urban population
  • Get a detailed picture of the Future Demographics market
  • Euromonitor International's Future Demographic reports
  • Bulgariademographic forecasts to 2030
  • Bulgaria demography markets in the future
  • Bulgaria demographyshape consumer segmentation
To know more about publication
https://www.kenresearch.com/public-sector-and-administration/public-services/bulgaria-2030-future-demographic/100619-15.html
Related reports
Turkmenistan in 2030: The Future Demographic
The United Kingdom (UK) in 2030: The Future Demographic
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Location: Europe

Tuesday, May 23, 2017

Future Prospects of the Global Headphones Industry: Ken Research

Ken Research has announced its latest publication on growth estimates of Headphone industry, in the global market named as, “Global Headphones Industry Situation and Prospects Research report 2017". The report presents an in depth analysis concerning the key trends and growth prospects of the headphone industry in the global arena complemented with the integrity of logic and the comprehensiveness of contents that is further guaranteed to enrich the report reader who is either a industry insider or investor, with the professional and extensive data analysis. The report is intended to provide cutting-edge market intelligence and help decision--makers take sound investment evaluations.
Global Headphones Industry Research Report
In addition, the report also provides the basic overview of the industry inclusive of its definition, applications, classifications, industry chain structure, international developmental history, competitive landscape analysis, the major regions development status and policies/plans, manufacturing process and cost structures, import/export, supply and consumption figures, cost price, revenue and gross margin by regions, global company profiles, product picture and specification, capacity, production, contact information, upstream raw materials, equipment and downstream consumer analysis. Moreover, vivid research conclusions are offered as well with the conceivable image of the new investment projects being assessed.
Trending endorsements of portable devices such as smartphones, mobiles, laptops, and tablets have prominently driven the headphones market size over the past few years. This current hype persisting in the headphone industry is not a fad but the future of the industry. The rising adoption can be allocated to the fact that several people are tethered to their smart devices, such as music players, mobiles, and tablets, for a significant portion of their day, primarily, for listening music, watching videos, or playing games. From being predominantly a home audio accessory, the Global headphones market has evolved to a premium portable AV device. Products integrated with microphones have witnessed increased adoption. Additionally, the rising trend of providing a holistic experience may contribute positively to the revenue market.
The crucial factors attributing increased product sales are the technological advances in the headphone industry amongst which the most prolific advancement, particularly in the consumer segment, is the noise cancellation & wireless connectivity. Additionally, incorporation of fitness features and intense competition has resulted in growing efforts towards product differentiation. This market is poised to exceed in billions by 2023. These advances have emerged as key trends over the past five years with manufacturers emphasizing on developing products that provide quality audio and save a user, from the possible hassles. Manufacturers also invest heavily in R&D and allocate their efforts on developing innovative products that offer maximum product differentiation. Another trend witnessed over the past few years is of Mergers and acquisitions. For example, Apple acquired Beats Electronics and Beats Music in May 2014 to establish itself firmly in the industry.
The global headphones industry is a highly competitive sphere with majority of the industry participants focusing on new product development and technological innovation. Incumbent players also focus on strengthening distribution channels in order to compete with emerging participants. The overall revenue share was exceeded by Asia Pacific, in 2015. Additionally, the increasing consumer disposable incomes in developing countries, such as India, China, and Brazil, are expected to significantly propel the market demand. North America can be considered as the next significant region of importance closely followed by Europe.
The global headphones market is segmented based on the product type: into wired and wireless headphones; on the basis of price: into premium, mid and low price segments; on the basis of distribution channel: multi-brand store, single/mono brand store and online store; and on the basis of application: into media and entertainment, sports, gaming, personal and corporate segments.
Envisaged from research, the world economy enlarged by just 2.2 per cent in the year 2016, and is anticipated to further extend by only 2.7 per cent in 2017 and reach till 2.9 per cent in 2018, it can be contemplated as a state of stagnant growth. The market is growing and recovering on a very sedating pace, indicating the state of economic stabilization for the present as well as the future rather than a robust revival of global demand. Moreover, the correspondence between the demand, investment, trade and productivity coupled with the weak global growth may prove to be self perpetuating for the Headphone industry in collaboration with the efforts to revive investment and productivity through policy initiatives.
Reasons for Growth and Forecast
The precipitating factors underlying the growth of the industry include the increasing disposable income of the consumers, technological advancements and diversification of product portfolio by major players, expanding urban population, increasing consumer demand for increased fidelity and style, the growing popularity and adoption of smartphones, tablets, laptops, portable music players, and other mobile devices, availability of a strong distribution network and rising number of streaming services. The headphone market value and volume is anticipated to expand during the forecast period at a single-digit CAGR value. The emergence of other technological advancements such as active noise cancellation techniques, which aid in minimization of any distortion caused while listening, is expected to fuel the market growth in the next few years while improving the listening experience of the consumers.
The Global Headphone industry has been profiled with several key companies such as AKG, Audio-Technica, Beats By Dr. Dre, Beyerdynamic, Denon, Koss, Pioneer, Sennheiser, Shure, Sony, Ultrasone, and Yamaha. These market players have been working on the future competition by developing more extensive and innovative products to meet the changing demands of the consumers.
Key Topics Covered in the Report:
Global Headphones Industry Research Report
Global Headphones Market Analysis
Headphones Market Future Outlook Worldwide
North America Headphones Industry
Europe Headphones Industry Analysis
Asia Headphones Industry
Global Headphone Market Future Outlook
Global Headphone Market Major Players
Global Mobile Phone Accessories Market
For more coverage click on the link below:
Related Reports
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Philippine Double Digit Growth to Attract Investors- Ken Research

The year 2016 was a great period for Philippines in the field of consumer lending which recorded a massive growth. The presidential elections in 2016 led to political stability and consumers had more confidence to take consumer loans. When the global market was highly volatile, consumer lending in the Philippines was an attractive destination with its strong consistently growing economic and financial systems that operate in a safe and sound approach.



The new government has focussed on tax system and introduced a tax reform program that helped the country’s economic growth with respect to consumer lending. The World Bank signified that the Philippine financial market system will grow rapidly due to its consumer confidence and transparency of building regulations. According to research report “Consumer Lending in the Philippines”, country’s robust banking system is crucial in the consumer lending field where it ensures stability and rapid growth in the country’s economy. Thus, the Filipinos are now more confident to take more loans from the retail banks for automobile or domestic purpose.
The rapid growth in Philippine domestic economy has created more jobs which washed out poverty to some extent. The recent economic developments in Philippines was somewhat driven by the presidential elections. The fixed capital investment rose to 25.6%. There were vast opportunities in the field of construction, manufacturing and service sectors.
As per the economy growth statistics for the first quarter of 2017, it showed that the primary income for the nation slowed down by 3.9% and the gross national income has risen to 5.9%. The Philippines economy is aiming at a 6.5% to 7.5% GDP for the year 2017.
The services sector is the highest contributor to the growth of the nation’s economy. The industry sector stands second and agriculture sector stands in the third place. The IPP (Intellectual Property products) are outstanding with the growth contribution of 27.2%. The export and imported goods contributed 22.3% and 20.8% respectively.
The top level market analysis of the Filipino cards and payment sector are as follows:
  • There is a current and forecast value for any market in the Filipino cards and payment sector that includes credit, debit and charge cards.
  • Handy details for all the cash transactions, checks and all payment cards.
  • Payment methods and E-commerce market analysis
  • Detail study of rules and regulations adopted by various banks applicable for the Filipino cards and payment industry.
According to Ken Research analysis, with the stable political condition and double digit economy growth Philippines cards and payments market is expected to uplift. Also retail banking to experience another high considering expanding businesses and rising foreign direct investments in various sectors.
Topics Covered in the report
  • Philippines consumer lending market study
  • Philippines consumer lending market analysis
  • Philippine banking sector analysis
  • Philippines plastic money market
  • Philippines financial market
  • Philippines consumer lending Industry,
  • Philippines consumer lending Market Research Report,
  • Philippines consumer lending Market Research,
  • Philippines consumer lending Market Trends,
  • Philippines consumer lending Market Share,
  • Philippines consumer lending Market Growth,
  • Philippines consumer lending Market Future,
  • Philippines consumer lending Market analysis,
  • Philippines consumer lending Market Developments,
  • Philippines consumer lending Market Companies Revenue,
  • Philippines consumer lending Market Outlook,
  • Philippines consumer lending Market Size,
  • Philippines consumer lending Industry Analysis,
  • Philippines consumer lending Market Forecast,
  • Philippines consumer lending Industry Report ,
  • Philippines consumer lending Industry Research,
  • Philippines consumer lending Market Outlook,
  • Philippines consumer lending Market Future Projections,
To know more on research report
https://www.kenresearch.com/banking-financial-services-and-insurance/loans-and-advances/consumer-lending-philippines/100761-93.html
Related reports
Consumer Lending in Vietnam
Consumer Lending in the US
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Location: Europe

Easy Accessibility to Car Finance and Increased Demand for Passenger and Commercial Cars will be Key Growth Drivers in the UAE Car Finance Market: Ken Research

Increasing demand for new and used cars, low profit rates or interest rates, increased number of offers from banks and private finance companies and easy accessibility to loans are the key factors that contributed to the growth of car finance market in UAE.           
The report titled “UAE Car Finance Market Outlook to 2021 – Rising Car Finance Penetration and Multiple Car Finance Products Offered by Banks to Foster Market” by Ken Research suggested a positive CAGR in terms of credit disbursed in car finance market in the next 5 years till 2021.
The UAE car finance market is known for Islamic financing with the exclusion of ‘riba’ which means interest. Majority of banks and private finance companies follow the Islamic principles of financing. The market has been displaying a growth trend until 2015 supported by factors like growing demand for new and used passenger and commercial cars, rising SME automotive sector, easy accessibility to finance, variety of offers from dealers and banks and such other factors. The value of used cars has seen a consistent rise in the recent years.  During 2011, the average cost was AED 63,000 for new cars which had reached AED 70,000 by 2016. Used cars in UAE is generally expensive than used cars in Latin America, Asia and Africa. This increases the amount of credit disbursed for used car finance. By the end of 2015, the market started displaying a declining trend due to the fall in the sale of new and used cars resulting from the economic slowdown of the country due to falling oil prices. The economic slowdown has also affected the car finance market. The lower oil prices have resulted in weaker deposits for most of the banks in UAE which led the banks to be more focused on the consolidation rather than growth. The banks started being more cautious on consumer lending such as car loans.
UAE Car Financing Market
Over the past few years, there had been a rise in the rate of non-performing loans which has induced the Central Bank of UAE to appoint an assessor of individual and corporate credit worthiness named Al Etihad Credit Bureau in 2014. The introduction of consumer credit data from the bureau has led to more cautious lending policies.
Key Topics Covered in the Report:
NBAD UAE Auto Finance
Used Car Sales in the UAE
Financing a Used car in UAE
Compare Auto Loans in the UAE
Auto Finance Opportunities in UAE
Top UAE Car Loans Banks
Car Financing Option in UAE
Vehicle Financing in the UAE
Used Car Financing in the UAE
New and Used Car Financing in UAE
For more coverage click on the link below:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Monday, May 22, 2017

Growing Used Car Sales Coupled with Rising Penetration of New and Used Car Finance to Stimulate the UAE Car Financing Market Growth: Ken Research

Increasing number of expatriate population has infused an improved growth in the used car market, which is regarded as a driving force for the market’s growth in the coming years 
Government initiatives to promote the use of electric cars as a step to reduce the fuel emissions is expected to raise the demand for car finance within the country
Rising value of used cars is expected to increase the amount of credit disbursed for used car finance
Though at a slow pace, the UAE car finance market is anticipated to recover during the forecast period 2017-2021, from the fall in the credit disbursement that has been observed towards the end of the review period. Real time deposit rates have been negative since 2013 and the major factor that discourages people from depositing in banks is the low interest rates. The banks are expected to focus more on consolidation rather than growth and be more cautious in consumer lending such as personal and car loans. Further, the credit worthiness of the applicant is assumed to be strictly assessed with the help of the credit bureau, before lending. Hence, the rate of rejections is expected to rise in near future. Car finance has become extremely competitive in recent years, to the point where it is almost a loss-leader for some financial institutions. With so low margins and the higher processing costs associated with car loans, interest rates are more likely to rise in the coming years. The introduction of value added tax in 2018 and the liquidity crunch in the country is expected to affect the car sales, reducing the demand for car finance.
UAE Auto Loan Market Research
However, UAE’s economic growth is expected to accelerate from the year 2017 by more than 4% a year until 2020, owing to the new projects underway driven by real estate, transport and power projects. The economic growth is expected to increase the household spending and improve the standard of living, increasing the demand for cars thereby increasing demand for car finance.
Ken Research in its latest study, UAE Car Finance Market Outlook to 2021 observed that the introduction of Al Etihad Credit Bureau by the Central Bank of UAE will enable the banks to assess the creditworthiness of their prospective customers and to prevent the risk of credit loss, provided that the measures are properly implemented. To withstand competition in the market, many players are in plans to introduce more bundling options in loans. For banks, car loans are a more attractive proposition when it is packaged with a suite of other products that cater to multiple customer requirements.
The UAE car finance market is estimated to register a positive CAGR during 2017-2021. Future growth in the expatriate population, rising demand for electric vehicles and standardization of Islamic financial products are expected to be key drivers for spiked demand for car loans in the country.
The report provides information on the number of new cars financed, new and used car penetration, tenure of new and used car loan and the emirates dominating the market in terms of credit disbursed and number of cars financed. It also covers the major players in the market such as Emirates NBD, Dubai Islamic Bank, Mashreq Bank, Emirates Islamic Bank, Al Hilal Bank, Al Wifaq Finance and Finance House.
Key Topics Covered in the Report:
UAE Auto Loan Market
Top UAE Car Loans Banks
Dubai Average Loan Rate
Competition UAE Car Loan
Car Financing Option in UAE
Car Loans UAE Top 5 Banks
Vehicle Financing in the UAE
Used Car Financing in the UAE
Finance the Car in UAE Process
Islamic Banks UAE Car Loan Market
New and Used Car Financing in UAE
Emirates NBD Market Share Auto Loan
Passenger and Commercial Vehicles Sales in the UAE
For more coverage click on the link below:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Rising UAE Car Finance Penetration and Multiple Car Finance Products Offered by Banks to Foster Growth: Ken Research

The report titled “UAE Car Finance Market Outlook to 2021 – Rising Car Finance Penetration and Multiple Car Finance Products Offered by Banks to Foster Growth” which provides an extensive analysis of car finance market in UAE. The report covers market size on the basis of credit disbursed, number of cars financed and new and used car penetration, segmentation on the basis of new and used car finance, tenure of loan for new car and used car and number of new cars financed in each emirate. The report also includes the rules and regulations implied by the government on the banks and private finance companies in lending a car loan, competitive landscape and company profiles for major players in the car finance market. The report provides detailed overview on the general features of car loan in the country and future outlook & projections with future strategies of the players in the market.
UAE Car Financing Market
The report facilitate the readers with the identification and in-depth analysis of the existing and future trends and issues that impact the industry and has anticipated growth in the future depending upon changing industry dynamics in coming years. The report is useful for prospective borrowers, car dealers, banks, private finance companies and other stakeholders to plan their market centric strategies in accordance with the ongoing and expected trends in the future.
Industry Overview
The market has displayed a steady growth trend until 2015 during the review period, 2011-2016 at a CAGR of ~%. In 2016, there had been a fall in the credit disbursed for passenger and commercial cars as a result of the weakening macro economic conditions within the country. The growth exhibited by the market during the initial five years of the review period was supported by factors such as increasing demand for new and used cars, rising price of the cars, low profit rates or interest rates and other related factors. Fall in the credit disbursement observed during 2016 was resulted out of the falling oil prices, increasing loan rejection rates, stringent lending policies adopted by the banks due to the piling up of non-performing loans and other such factors.
Market Segmentation of UAE Car Finance Market
The UAE’s car finance market is segmented by new and used car finance, by tenure of loan for new and used car on the basis of number of cars financed and by emirate on the basis of number of new cars financed.
On the basis of credit disbursed, the new car dominated the market with a share of ~% in 2016 followed by used cars.
For new cars, the tenure of three years dominated the car finance market with a share of ~% on the basis of number of new cars financed in 2016. It is followed by four years, two years, five years and one year tenures.
Dubai holds the highest share among all other emirates of UAE in terms of number of new cars financed. It held a share of ~% during 2016. Abu Dhabi holds the second position in the market followed by Sharjah, Ras Al Khaimah, Umm Al Quwain, Al Ain and Fujairah.
Competitive Landscape
UAE car finance market comprises of players such as banks and private finance companies; banks being the major player. The market is highly fragmented with more than ~ banks and ~ private finance companies. Banks are spread across the country with more than 1,000 branches. Strict competition is existent in the market with over five dozen financing schemes for both used and new cars offered by these players. The banks and private finance companies compete with each other on the basis of various loan parameters such as interest rates or profit rates, loan tenure, early settlement charges, feature packed loans, additional offers, minimum salary requirement and various other parameters. Major players in the market include Emirates NBD, Dubai Islamic Bank, Mashreq Bank, Al Wifaq Finance, Finance House and others.
Future Potential of UAE Car Finance Market
During the forecast period 2017-2021, the UAE car finance market is expected to recover from the fall it has experienced towards the end of the review period, 2011-2016. It is anticipated that the car finance market in the country will grow at a CAGR of ~% during the forecast period 2017-2021. The recovery is presumed to be at a slow pace due to various factors such as low deposit rates prevailing in the market and high rate of non-performing loans compelling the banks to consolidate their existing activities rather focusing on growth. However, a growth is expected to be observed in the market which will be supported by an increased number of bundled offerings, new innovative strategies adopted by the banks and dealers and other entities. Moreover, increasing demand for electric cars within the country will enable the development of fresh car loans.
Key Topics Covered in the Report:
UAE Auto Loan Market
UAE Car Finance Market Size
UAE Car Financing Market
UAE Car Finance Market Segmentation
Top UAE Car Loans Banks
Government Regulations on UAE Car Finance Market
Islamic Banks UAE Car Loan Market
Growth Trend Car Loan UAE
UAE Car Loan Industry
Dubai Average Loan Rate
UAE Auto Loan Disbursal
NBAD UAE Auto Finance
Finance the Car in UAE Process
Competition UAE Car Loan
Car Financing Option in UAE
For more coverage click on the link below:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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