Wednesday, May 31, 2017

Increasing Inflow of Tourists and development of Multi-Themed Parks to Foster Future Growth: Ken Research

UAE Theme Park Market Overview
UAE is considered as most preferred holiday destination for international tourists visiting the Middle-East region. The country had witnessed an augmented inflow of tourist into the country from ~ million tourists during 2014 to ~ million tourists during 2016. During the same period, theme park attendance inclined from ~ million individuals (2014) to ~ million individuals (2016). Industry insight has indicated that tourist revenue generated in the county inclined to USD ~ billion during 2016.
Uae Theme Park Market
UAE theme parks have also been observed to leverage the growing technology to effectively cater the diverse group of customers. Theme park operators including IMG Group and DXB Entertainment have introduced their mobile application to aid ticket sales through dynamic pricing and to ease long queues at various rides through online reservations. The launch of new theme park including Bollywood Parks, Legoland and Motiongate in the country during 2016 period also acted as major driver for the market.
The revenue generated by theme parks in the UAE inclined from USD ~ million during 2014 to USD ~ million during 2016, registering a CAGR of ~% during the period 2014-2016. The average expenditure for a day out at an attraction in the UAE was estimated to range from USD ~-USD ~ during 2014-2016. Conversely, visitor spending at UAE theme parks inclined to USD ~ million during 2016. 
UAE Theme Park Market Segmentation
The revenue generated by amusement parks has driven the overall revenues of the theme park market during the review period. The growing potential for technical advancement of mechanical rides and attractions had incentivized theme park operators to continuously upgrade them to effectively cater the changing preferences of customers.
Water parks had only accounted for ~% of overall theme park market revenues during 2016. Lesser number coupled with lower admission fee for water parks had adversely impacted higher revenue generation from this segment. It has been observed that most of the water parks in the UAE are situated in premises of luxury hotels and resorts and therefore, are mostly preferred by the guests living in these hotels and resorts.
Future Outlook for the UAE Theme Park Market
The revenue generated by theme parks in the UAE is projected to augment to USD ~ million by 2021, registering a CAGR of ~% during the period 2016-2021. The primary force that will further drive up the revenues of this market is the proposed theme parks in the pipeline that will be operation and open to the public during this period.
The total number of tourists in the country is estimated to incline from ~ million persons during 2016 to ~ million persons during 2019. Visitors are attracted to the Emirates’ retail offerings, hotels, beaches, Grand Mosque, and desert safaris. Visitor spending at UAE theme parks is said to incline to USD ~ million by 2020.
Trends and Developments in the UAE Theme Park Market
Technological Advancement in the UAE Theme Parks: Theme park operators have continuously upgraded their mechanical rides through new and unique technology to augment customer satisfaction. For Instance, World of Adventure theme park is equipped with a 100-seater Hulk Epsilon Base 3D ride system that comes with a 360-degree projection screen and multi-axis motion. In addition, Avenger Battle of Ultron leverages cutting-edge motion tech and stereoscopic 3D imagery while the Velociraptor coaster allows riders to experience a G-force of up to 3.8.
Multi-Park Tickets and Inclusive Packages: Large theme park operators have started offering multi-park tickets and all inclusive packages to customers. These tickets give individuals access to a variety of amusement and water parks, neighboring restaurants, hotels and transportation facilities. For example, Dubai Parks and Resorts (DPR) has created a three park destinations in Jebel Ali with space for a fourth water park in the same area. The company has also established hotels, various themed restaurants and other recreational facilities within this destination to provide a sound foundation for enhanced visitor experiences.
Key Factors Considered in the Report
Customer Profile in the UAE Theme Park Market              
SWOT Analysis for the UAE Theme Park Market
Water Parks in the UAE           
Trends and Developments in the UAE Theme Park Market
Amusement Parks in UAE
Entry Fees UAE Theme Parks
Market Share of Investment Groups               
Company Profiles of Major Investment Groups      
Water parks In UAE    
Future Outlook for the UAE Amusement and Theme Park Market  
Market Statistics Amusement Park
Analyst Recommendation
For more coverage click on the link below:
Related Reports by Ken Research
Contact:              
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
Posted by at No comments:
Labels: , , , , , ,

UAE Remittance and Bill Payments Market Size in Terms of Transaction Volume in USD Billion- ken Research

UAE is well-known as a leading cosmopolitan hub in the world with wide range of job opportunities, due to which it has been a major attraction for job seekers in other South Asian countries. Population of the country majorly constitute of expatriates. Over the past decade UAE has experienced a robust economic growth owing to a strong labor force, composed mainly of expatriates. The expatriates in the country are the major contributors to the international remittance market in the country. Money Transfer UAE ,Exchange House Money Transfer in UAE, United Arab Emirates Domestic Migration, Outbound Money Transfer in UAE, Sharaf Exchange Remittance in UAE, Trriple Money Transfer Volume in UAE, Top Recipient of UAE Remittance, UAE Expat Remittance,.
UAE Remittance Statistics, On the grounds of this, the market has recorded an amplified growth in the overall revenue from USD ~ Billion in 2011 to USD ~ Billion in 2016. International remittance market is dominated by the workers remittance outflow over the inflows.
Though, UAE is known for its international remittances, the domestic remittances are also huge in the country. It is dominated by the business to business remittances over personal remittances owing to the rising business activities.


Though there had been a decline in the growth rate during 2014-2015 due to the falling oil prices, the domestic remittance market have picked up soon due to rising business activities in the non-oil private sectors. The personal remittances are also rising year on year owing to the internal migration. Like all developing nations, UAE also comprise of both developed and non-developed emirates, which raises the rate of internal migration from non-developed emirate to developed emirate in search of better job and living opportunities.
During the review period 2011-2016, the bill payments market has also displayed a tremendous growth owing to the increased consumption of electricity, water, mobile phones, internet and others. As to reduce the rate of consumption, the government had increased the prices of electricity and water in the emirates like Abu Dhabi and Dubai from 2015, augmenting the bill payments market.
Which Channel Of Remittance Is Preffered The Most?
UAE international and domestic remittance market prefers different remittance channels.
International remittance market is dominated by the exchange houses over banks. It accounted for a share of ~% in terms of workers remittance outflow in 2016. Major factor leading to the dominance of exchange houses in the country is the high rate of unbanked population. International remittance is led by the expatriate population and the expatriates have bank accounts in their home countries. They do not prefer to open bank accounts in UAE since there are not much investment opportunities available for expatriates in UAE. Exchange houses in the country provide various offers and discounts to their customers. They offer cash pick up service to their customers, which enable them to conveniently transfer their money. The exchange houses use foreign exchange retailers such as Western Union, InstaCash, Xpress Money and others to ensure a quicker and faster transfer of funds from one country to another. Such foreign exchange retailers provide the facility of last minute cancellation with guaranteed refund including the transfer fee.
Banks hold a meager share of ~% in international remittance market. Though there is more number of banks than exchange houses in the country, majority of them are national banks. The national banks of UAE follow the Islamic law. The Islamic law does not have the concept of interest on deposits or loan. Hence, the expatriates do not prefer having a bank account in UAE. For remittances through bank one should have a bank account.
Domestic remittance market can be classified into business to business and personal remittances.
The remittance market in UAE including both international and domestic remittance market is dominated by direct credit to account and online services. It holds a share of ~% in the overall market. This service is convenient for the customers as they need not visit the branches for the making a transfer. Except for some GCC countries, the remittance to all other countries is made using direct credit to account and online service. This service includes less cost in comparison with other type of services and it does not include the effort of visiting the branches in person from both sending and receiving end.
It is followed by the cash pick up service that accounts for a share of ~% in the market. Cash pick up service is offered by both banks and exchange houses and is beneficial for the customers in rural areas in the recipient country. A drawback of the cash pick up service is that it is a time consuming process, as the sender has to approach the bank or exchange house in person and remit the amount at the counter. Risk of loss and theft are associated with the cash pick up facility. Prepaid cards come last in type of service used. It is beneficial for frequent travelers. They can reduce the inconvenience of carrying cash. It enables the withdrawal of money from any country in that country’s currency.
Topics Covered in The report

  • Money Transfer Market UAE
  • Exchange House Money Transfer in UAE
  • United Arab Emirates Domestic Migration
  • Outbound Money Transfer in UAE
  • Sharaf Exchange Remittance in UAE
  • Trriple Money Transfer Volume in UAE
  • Top Recipient of UAE Remittance
  • UAE Expat Remittance
  • UAE Remittance Statistics
For More Details Visit :  https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/uae-remittance-bill-payment-market/110397-93.html
Related Reports by Ken Research
India Bills Payment Market Outlook to 2020 - Rising Internet Penetration and Advent of Mobile Wallet to Shape Future Growth
Philippines Domestic and International Money Transfer Industry Outlook to 2019 - Driven by Mobile Money and Increase in OFWs
Philippines Pawnshop Market Outlook to 2020 - Convenience with Pawning and Remittance Services to Stimulate Growth
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Posted by at No comments:
Labels: , , , ,
Location: Germany

Tuesday, May 30, 2017

Qatar Theme Park Market Overview: Ken Research

Qatar’s economy is primarily dependent on its natural resources of petroleum and natural gas, which accounts for approximately 60% of the country’s GDP. It is estimated that Qatar holds reserves of up to 15 billion barrels of oil and has the world's third largest natural gas reserves. However, Qatar has begun to encourage private investment and diversify into allied sectors including leisure and entertainment; due to the rising tourism in the country.
The revenue generated by theme parks in Qatar was estimated to incline to USD ~ million during 2016 from USD ~ million during 2014, registering a CAGR of ~% during the same period. Highly innovative and unique theme park concepts catering to various target audiences have aided revenue growth during the review period.
Qatar Theme Park Industry
A few theme parks including Jungle Zone in Hyatt Plaza have been renovated and re-launched to increase number of theme park visitors, improve safety standards and effectively cater to their desired target audience through technologically advanced rides and attractions. Qatar is following the UAE’s footsteps by introducing indoor theme parks that meet changing customer preferences.
Qatar Theme Park Market Segmentation
The revenues generated by amusement parks in the country inclined to USD ~ million during 2016, achieving single digit growth during the review period. Majority of amusement and theme parks in Qatar are equipped with a gaming zone in addition to mechanical rides and attractions. Amusement park operators have witnessed robust growth in visitor expenditure on their gaming arcade.
The growing potential for technical advancement of mechanical rides and attractions had incentivized amusement parks to renovate and upgrade, to meet changing preferences of theme park visitors.
The revenues generated by water parks in the country were estimated at USD ~ thousand during 2016, contributing ~% to overall theme park revenues during the same year. High maintenance and operating cost for water parks in Qatar had discouraged many players to foray into this segment. Additionally, limited number of water parks owing to rejection among residents to opt for water parks due to humid climate further restrains segment market.
Future Outlook For Qatar Theme Park Market
The revenue generated by theme parks in the Qatar is projected to augment to USD ~ million by 2021 from USD ~ during 2016, registering a CAGR of ~% during the same period. The primary force that will drive the revenues of this market will be the establishment of creative and unique theme parks coupled with the growing tourism in the country during this period.
Since majority of theme parks in the country mainly cater to children, the growing youth population in Qatar will be the primary force driving the number of theme park visitors during this period.
The revenue generated from amusement parks will continue dominate the theme park market with maximum visitors arising from the domestic territory.
Trends And Developments In Qatar Theme Park Market
Strategic Location of Theme Parks in Qatar: Theme parks in Qatar are developed in prime areas within malls, resorts and hotels in order to tap the tourist population visiting these places. KidzMondo Doha has been constructed in the Mall of Qatar. Similarly, Gondolania is located in Villaggio Mall while Jungle Zone and Circus Land Park are located in Hyatt Plaza and Landmark Shopping mall respectively.  In addition to that locations of the entertainment centers like the centers located inside city center have been planned with strategic understanding that people who visit one of the Qatar’s largest shopping mall for shopping and dining automatically gets attracted towards family center. These family centers also welcomes  large number of children as parents who visit mall for shopping leave their children in these parks for playing during their shopping time.
Key Factors Considered In The Report
Qatar Theme Park Market Size By Revenue
Market Size Theme Park
Market Segmentation - By Type (Amusement and Water Park), and By Revenue Streams (Admissions, Food and Beverage, Merchandise and Others)
Celebration Park in Qatar
Customer Profile of Qatar Theme Park Market   
Upcoming Theme Parks in Qatar          
SWOT Analysis for Qatar Theme Park Market      
Ride Attractions in Theme Parks        
Trends and Developments in Qatar Theme Park Market
Number Of Visitors Theme Park
Market Share of Major Amusement Parks    
Middle East Water Park Industry                     
Future Outlook for the Qatar Theme Park Market 
Family Entertainment Centre In Qatar
Analyst Recommendation
Market Share Theme Park Players
Macro-Economic Factors Impacting Qatar Theme Park Market 
Best Theme Parks In Doha
For more coverage click on the link below:
Related Reports by Ken Research
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
Posted by at No comments:
Labels: , , , , ,

Revive Modernization In France-Ken Research

France is the world’s sixth largest economy by nominal figures estimated for the year 2017 and is the third largest economy in Europe. The country’s capital Paris is the nation's financial capital. The chemical industry and tourism sectors are the major contributor to the country’s economic growth. The country finds enough strength to reinvent itself during hardships with the country’s inventors and entrepreneurs. The country’s aim is to resume its place among the major industries and to play its role in the environmental, energy and digital evolution. France is very enthusiastic to build 34 new industrial sectors that are competitive, where-in one can recover lost markets and win new ones. The country’s aim is not simply to have technological for display purpose but to view it animated.



 The French population are eager to see the rediscovery of the innovations of tall buildings made of timber in French cities, second-generation bio-fuels in petrol stations, 3D printers, and robots in factories.
It was observed that after five years, the French consumer electronics market grew rapidly in both volume and value terms. Consumer electronics sales were generated through internet; however, store purchases were highly motivated. There was a huge demand for smart consumer electronics such as car entertainment, computers, video players, portable media players and digital cameras. Samsung electronics maintained its value and volume leadership through its smartphones. Samsung electronics was at a margin gap with close rivals emerging as top brands, namely Asus, Huawei, Lenovo and Acer, gaining presence in France. Apple, Wiko and Sony maintained their leading positions.
According to Ken  Research report titled “Consumer Electronics in France”, the French economy grew and changed under government direction and planning much more than in other European countries. France although is a moderate economy, the government plays a significant role in the economy. All the labour conditions and wages are well regulated. The government owns shares in corporations in a range of sectors, including banking, energy production and distribution, automobiles, transportation, and telecommunications. The leading industrial sectors in France are telecommunications, aerospace, defence, ship building, pharmaceuticals, civil engineering, chemicals, textiles, and automobile production.
The French electronics industry reported a decline in 2016 but the industry continues to be dominated by the production of fixed and wireless communication accessories. The growth in consumer electronics market is determined by the sale of smart phones, 4G, tablets, computers and peripherals. The usage and availability of these products is very high which are the most technologically advanced in the world. There is also a sturdy growth in tablets and 3D printers where sales are expected to grow rapidly as they are easily available to consumers. The UNIX and RISC / Itanium servers are the most successful servers in the peripherals market in France. There is a strong demand for mobile devices that are well-connected with quality speed. The French population prefers 8-inch screens tablets. Thought there is a sharp price fall in tablets, the consumer electronic market growth sustained high volume growth. The most leading brands are Samsung, Lenovo, FNAC, Parrot, Arches, Asus, Acer and Amazon. Consumer electronics sector is encouraged by the market of “Phablets” or screens over 5 inch with the availability of 4G bandwidth.
The five-year outlook in the consumer electronics market in France will be depressing due to modest growth in the market as smartphones are increasingly close substitutes for computers. The global computers and peripherals market is expected to grow rapidly over the next decade with the introduction of touch screen computers and multiple screens options. The consumer electronic market will grow rapidly in the field of technology and internet.
Topics Covered in The report
  • Global consumer electronics market
  • Consumer electronics market in France
  • France consumer electronic products research report
  • France consumer electronics market future outlook
  • France consumer electronics market competition
  • Portable consumer electronics market France
  • France consumer electronics in E-commerce market
  • France consumer electronics industry online sale
  • Mobile phone market in France
  • France laptop market size
  • Personal computers market in France
  • France entertainment electronic equipments market
  • France video games market revenue
  • France digital cameras market research
  • Consumer electronics market Growth in France
  • Consumer electronics market future in France
  • Consumer electronics market trends in France
  • Consumer electronics market analysis in France
  • Consumer electronics market size in France
  • Consumer electronics Industry in France
To know more about the publication, click on the link below:
https://www.kenresearch.com/consumer-products-and-retail/consumer-electronics/consumer-electronics-france/100750-95.html
Review similar reports
Portable Consumer Electronics in the Middle East and Africa
Luxury Portable Consumer Electronics in Mexico
Contact:
Ken Research
Ankur Gupta,
Head Marketing & Communications
query@kenresearch.com
+91-124- 4230204
www.kenresearch.com
Posted by at No comments:
Labels: , , ,
Location: France

High Inflation led to Moderate Growth of Personal Accessories Demand in South Africa: Ken Research

South Africa is ranked as an upper-middle-income economy by the World Bank and is the second largest in Africa. South Africa accounts for 35% of Africa's gross domestic product (GDP).Starting any business in the country was inefficient due to government bureaucracy, restrictive labor regulations, shortage of educated workers, political instability, and corruption, while the country's positive feature of the economy was in the robust banking sector. In the year 2000, the government promoted economic growth and foreign investment by relaxing restrictive labor laws, privatization, raising government spending, and lowering interest rates. These measures led to enormous economic growth with increase in employment and capital formation.
South Africa Personal Accessories Market Research
In the year 2016, South Africa was in economic crisis. The drought led to rise in domestic grain prices. Unemployment remained very high with many people living in poverty. With the economic crisis, the personal accessories market achieved growth in 2016. Bags and luggage was characterized by relatively low-cost imports, typically from Asia. As well as, fake products were available at lower prices.
Research report “Personal Accessories in South Africa” says, media is an important source of information on latest fashion trends around the world exposing new looks in jewellery, watches, bags and luggage. This forced the retailers and manufacturers to embrace innovative to stabilize themselves in the competitive fashion sector. Reality shows on television related to fashion and fashion magazines led to the growth of personal accessories in South Africa. The personal accessories market in South Africa is extremely uneven. Fewer companies are specialized in personal accessories; therefore, this market is yet to reach its full capacity. Many branded products are accepted and sold at cheap rates, therefore reducing consumer expenditure.
Leisure and personal goods retailers are the only source of outlets for South Africans while purchasing personal accessories. Bags and luggage retailers involve bulk sales due to their wide range and quality products at a variety of prices. On the other hand, internet sales recorded major growth in 2016, as consumers were more confident in buying accessories online. There is a minimum growth in personal accessories market due to increase in prices. The economic capital of South Africa is Johannesburg city and is Africa’s most powerful economy. After a sluggish 2016, 2017 is likely to experience a repeated recovery in the African economy.
Smart watches are one of the personal accessories in South Africa. Smart watches in the earlier days possessed limited functionality such as a storage capacity for 24 digits of information and limited data processing capability. This market is small but is sure to grow rapidly beyond imagination in the coming years. With the introduction of flexible functions in smart watches such as hands free control, access to data anywhere at any time of the day, biometric functionality, GPS, mapping capability, the market is sure to skyrocket. The smart watches market has new players such as Asus, Motorola, Tag Heuer, Alpina, Breitling, Xiaomi and more, apart from Google, Apple, and Samsung, which are the current market leaders in the smart watches market with more than 65% of the smart watches market share.
The personal accessories market in South Africa is likely to record a limited growth in this year. South Africa’s high inflation will limit the spending of customers on personal accessories. Nevertheless, the growth rate is moderate in bags and luggage, premium and luxury bags and luggage compared to lower priced products.
Key Topics Covered in the Report:
Global Personal Accessories Market Research
South Africa Personal Accessories Industry Analysis
Luggage Bags Market In South Africa
South Africa Jewellery Market Research
South Africa Watches Market Research
Writing Instruments Market in South Africa
Personal Accessories Demand in South Africa
South Africa Personal Accessories Market Future Outlook
To know more on the publication, click on the link below
Related Reports
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
Posted by at No comments:
Labels: , ,

Technological Advancements In Germany Consumer Lending Market-Ken Research

Germany is the fourth-largest economy in the world  and the country’s economy is developed on the concept of the social market economy. The German government’s universal education policy displays the highest literacy rate with educated people good at handling numbers, more engineers, chemist, opticians, skilled factory workers and managers, knowledgeable farmers and skilled military personnel which boost financial system of the country. The secured economy in Germany motivated consumer lending in 2016. Introduction of consumer lending helped overall consumer lending sector to record strong growth in terms of gross lending.Less of unemployment resulted in gross income for majority of the consumers. The positive consumer confidence led to increase in consumer lending. A double-digit growth rate was registered with consumer lending for mortgages and home loans. Online banking facility helped the consumers to compare the lending facility with other banks and accept loans instantly.


Lower mortgage interest rates helped the consumers for an early payoff and this trend fueled the stable economic situation and low unemployment. Consumer lending in Germany is projected to record a short-term massive growth with its low interest rates. However, the long-term goals of consumer lending are depressing with the rise in interest rates and increase in ageing population.
The stable economy in Germany increased consumer creditwhich helped overall consumer lending to record enormous growth in terms of lending. In the year 2016, Germans financed almost everything with a loan and the growth was registered across all consumer lending categories.The consumer lending growth is the most promising growth with an average annual growth rate of 95%.The key driving factors that reshaped the Germany consumer lending market are changes in economic conditions, development of new technological solutions, the growth and acceptance of online lending.
The financial industrywitnessed crisis that led to improvement in the banking sector. Digitalization led to cost reduction and improved customer targets. Financial sector developed additional regulations to ensure consumers are adequately protected which is more important now-a-days. The consumer credit will reach the highest levels and banks will continue to grow in mortgage-lending as house prices will rise and write-off risk will decrease. This is a good sign of healthy recovery; while business lending will reach new heights.
Topics Covered in The Report
  • Consumer lending in Germany
  • Germany consumer lending sector
  • Germany financial sector analysis
  • Germany banking and financial market
  • Consumer landing forecast Germany
  • Germany consumer lending market size
  • Germany consumer lending Market Research Report,
  • Germany consumer lending Market Trends,
  • Germany consumer lending Market Share,
  • Germany consumer lending Market Growth,
  • Germany consumer lending Market Future,
  • Germany consumer lending Market Developments,
  • Germany consumer lending Market Companies Revenue,
  • Germany consumer lending Market Outlook,
  • Germany consumer lending Industry Analysis,
  • Germany consumer lending Market Outlook,
  • Germany consumer lending Market Future Projections,
  • Germany banking and financial market Research
  • Germany banking and financial market analysis
  • Germany banking and financial market trends
To know more
https://www.kenresearch.com/banking-financial-services-and-insurance/loans-and-advances/consumer-lending-germany/100757-93.html
Related reports
Consumer Lending in Vietnam
Consumer Lending in Vietnam
Contact:
Ken Research
Ankur Gupta,
Head Marketing & Communications
query@kenresearch.com
+91-124- 4230204
www.kenresearch.com
Posted by at No comments:
Labels: , , , ,
Location: Germany
Subscribe to: Posts (Atom)