UAE Education Market Is Driven by the Government’s efforts in Improving the Education Standards in the Country & Increasing Privatization of K-12 & Higher Education Market: Ken Research

Analysts at Ken Research in their latest publication “UAE Education Market Outlook to 2023- By K-12, Higher Education, E-Learning & Test-Preparation, Adult Education and Vocational and Training)” believe that improving the quality of higher education institutions, adult education & vocational training institutes along with focus on growth in Emirates like Umm Al Kuwain, Ras Al Khaimah and Fujairah will help the education industry in the country to augment its revenues.

The significant rise in number of enrolments in the past few years along with gradual increase in fee of K-12 and higher education institutions in the country have been the key factors driving growth in UAE Education Market.

Growth in Education Market: The UAE Education Market has witnessed significant growth in its revenues during 2013-2018 owing to the rise in number of enrollments. However, the quality of education as well as the infrastructure in some Emirates like Umm Al Kuwain and Ras Al Khaimah is lagging behind Emirates like Dubai and Abu Dhabi.

Government Investment and Privatization of the Education Market: Under the Vision 2021, the government of UAE has outlined various measures to develop the country’s education system. The government has invested significant budget for developing the infrastructure in schools and higher education institutes. Under the Mohammad Bin Rashid Initiative for Smart Learning launched in 2012, the government aims to create a new learning environment in schools providing every pupil with a tablet and high speed 4G network. The ADEC launched the iClass program in 2011 to support the implementation of the New School Model in partnership with Cisco System Inc.

The government has also established free zones dedicated for private international universities. These free zones facilitate the education institutions to set up their campuses in the country. As a result of these free zones, numerous international universities have set-up their campuses in the country which has made quality higher education accessible to the UAE residents.

Rise in Population: The country has witnessed tremendous growth in its population in the past few years. The primary reason for the rise in population has been the influx of expatriates from Indian Peninsula and South-East Asian countries. The Emirati population of the country is also gradually rising. The significant rise in population has augmented demand for K-12 schools and Higher Education Institutions in the country. The number of private K-12 schools and number of enrollments have witnessed growth in the past five years.

Dominance of Emirates like Dubai and Abu Dhabi: Majority of the population in the country is concentrated in Emirates of Dubai, Abu Dhabi and Sharjah. As a result majority of schools, higher education institutes, adult education centres, vocational training institutes and test preparation institutes are concentrated in Emirates like Abu Dhabi and Dubai. Emirates like Umm Al Kuwain, Ras Al Khaimah and Fujairah lack in number as well as quality of institutes. However, with the government’s growing emphasis on education throughout the country, the accessibility and quality of education is improving throughout the country.

Key Segments Covered

By Type Education

·         K12

·         Vocational and Technical

·         Higher Education

·         Test Preparation

·         Adult Education

·         E Learning

By K12 

·         Private and Public  

·         Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain, Al Fujairah, and Ras Al Khaimah

·         KG, Cycle 1 (1st  to 5th std), Cycle 2 (6th to 9th  std), Secondary (10th to 12th), and Religious

·         Non-Emirati and Emirati

By Technical and Vocational

·         Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain, Al Fujairah, and Ras Al Khaimah

·         Male and Female

By Test Preparation Market

·         IELTS, GMAT, GRE, TOEFL and SAT

By E-learning

·         Technology and Content

·         Multimedia, Online Test, Open Courseware and online tutoring platforms and doubt resolution forums

·         Audio-Video Blend, Video, Audio and Text

·         Massive Open Online Courses, Mobile Learning, E-Books and Gamification

·         Universities, Schools and Corporate

·         K-12 Education, Higher Education, Corporate Training and Others

·         Learning Management System, Smart Classes, Smart Authoring Tools and Others

By Adult Education

·         Abu Dhabi, Ajman, Dubai, Fujairah, Ras-Al-Khaimah, Umm Al Quwain and Sharjah

·         Male and Female

·         First, Second and Secondary Stage

By Higher Education

·         Male and Female

·         Business & Economics, Engineering, Foundations, Human & Social Sciences, Communication & Media Sciences, Sharia & Law, Information Technology, Environment & Health  Sciences, Medical  Sciences, Education, Arts & Design, Undeclared Major, Sciences, Foreign Languages, and Food & Agriculture

·         Private and Public

·         Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah and Fujairah

Major Companies Covered:

·         Gems group

·         Taleem

·         Princeton Review

·         Blackboard

·         Amideast

·         Option Training Institute

·         The British Council

·         Brighter Prep

·         Meccademia

To know more, click on the link below:

https://www.kenresearch.com/education-and-recruitment/education/uae-education-market/182341-99.html

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Domestic Bill Payment Market Has Augmented On Account Of Improving Financial Inclusion And Surge In Penetration Of Online Transaction: Ken Research

Egypt Inbound Remittance Market has intensified due to high Egyptian migration in countries such as Saudi Arabia, Kuwait, UAE, Jordan, and more. Additionally, the increase in mobile users, banking population, and nuclear families are few of the major supporting factors that have helped in the growth of Domestic Remittance and Bill Payment Market in the country.

Transform Evolution in Egypt Remittance Market: Remittance market in Egypt is still in the development stage and many transformational changes are required from the perspective of policy, technology, awareness and acceptance.

Transformation of Remittance Business Model in Egypt:  The market has witnessed a change from agent based business model to digital modes of money transfer. This trend is likely to pertain in future with the proliferation of smart phones that makes online transfers more convenient and economical. This shift presents a technological challenge for existing companies which requires upgrading its platform that can support both traditional as well as the digital modes of services. The four electronic payment systems that are currently being used by aid agencies are pre-paid debit cards, smart cards, mobile money transfer systems and electronic vouchers. The most important benefits that were noted for all four e-payment systems include improved security for staff and recipients, reduced leakage, improved reconciliation and control of expenditure, greater speed and efficiency of transfers, reduced costs for the agency and recipient.

Analysts at Ken Research in their latest publication “Egypt Remittance Market Future Outlook to 2023 – By Inbound and Outbound Remittance, By Mode of Transfer (Bank Transfer, Through Friends or Relatives, Through Agent or Courier, Carried Money on Their Visits, and Others), By Banking and Non Banking Channel, By Bill Type (Mobile Services, Internet Services, Utilities, and Others), By Bill Payment Mode (Cash Payments, Card Payments, and Fund Transfers)” expect the market to register a tremendous growth in terms of transaction value during the forecast period 2019E-2023E. The growth will be mainly driven by high growth in Bill payments system and rise in inbound domestic remittance.

Inbound remittance from foreign countries has helped the country to earn foreign exchange and with improved penetration of banking and MTOs, the formal channel of money transfer is gaining prominence. Domestic Remittance Market is dominated by Egypt Post in which it holds about majority of the market share (in terms of transaction volume), followed by other banks and MTOs.

Egypt Bill Payment Market: Bill Payment is the fastest emerging market and in the last few years it has seen a sudden growth mainly on account of rise in number of mobile and internet users. The sector has registered a double digit growth rate in the last five years and trend is expected to continue in the years to come. Mobile recharge has registered the highest transactions and is followed by bill payment for utilities such as electricty, water and others. Many bill payment companies such as Fawry, Bee: Smart, Masary and others have evolved over few years. Major payments gateways such as Mastercard and Visa have enabled many services for online bill payment.

Keywords:-

Egypt Remittance Market

Egypt Domestic Remittance Market

Egypt Bill Payment Market

Inbound Remittance in Egypt

Outbound Remittance in Egypt

Bill Payment Solution in Egypt

Mode Of Remittance In Egypt

Types Of Bills In Egypt

Fawry Bill Payment In Egypt

Moneygram Egypt Company Profile

Company Profile Of Fawry Egypt

Company Profile Masary Egypt

Company Profile Of Egypt Post

Company Profile Of ITSC Egypt

Company Profile Of HSC Egypt

QR Code Bill Payment Market In Egypt

Utilities Bill Payment Market Egypt

Mobile Bill Payment Market Egypt

Key Segments Covered:-

Egypt International Remittance Market

By Inbound and Outbound Remittance

By Major Flow Corridors

Inbound Flow Corridors

Outbound Flow Corridors

By Mode of Transfers

Bank Transfers

Through Friends or Relatives

Through Agent or Courier

Carried Money on Their Visits

Single Size

Custom Size

Egypt Domestic Remittance Market

By Channel of Transfer

By Major Flow Corridors

Banking Transactions

Non-Banking Transactions

By Major Flow Corridors

Bank Transfers

Egypt Bill Payments Market

By Type of Bill Payments

Mobile Services

Internet Services

Utilities

By Mode of Bill Payments

Cash Payments

Card Payments

Fund Transfers

Key Target Audience:-

Money Transfer Organization

Bill Payment Companies

Banks

Time Period Captured in the Report:-

Historical Period – 2013-2018

Forecast Period – 2019-2023

Companies Covered:-

Western Union

RIA Money Transfer

MoneyGram

Egypt Post

ITSC Egypt

HSBC Egypt

Fawry

Masary

Bee: Smart Payment Solutions

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

https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/egypt-remittance-market/182340-93.html

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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
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Landscape Of The Cognitive Security In The IT And Telecommunication Market Outlook: Ken Research

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The cognitive systems support in analyzing the security improvements and detached the structured and unstructured information data into relevant information. It also delivers the security to businesses and supports in developing the productivity of the business. However, the cognitive security market in IT and Telecommunication is referred as the security that utilizes the data mining, natural language processing, human-computer interface and data mining for safeguarding the data from dangerous cyber-attacks and virus. The growing movement towards the usage of cognitive security facilities for data storage of the intimate and private data of an association and the significant growth in employee mobility underwrite to the requirement for the cognitive security in IT and telecommunication. Furthermore, the key players of this market are making a huge amount of investment for developing the specification of the cognitive security further which enhanced the usage of it in the IT and communication for protecting the interest of the consumers and increase the demand. This will also result in leading the fastest market growth in the coming years more efficiently.

According to the report analysis, ‘Cognitive Security Market in IT & Telecommunication - Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023’ it states that there are several key players which are presently functioning in this market more significantly for dominating the highest market share around the globe by analyzing the similar and different aspects of the market which further improve the functioning includes Legions Intel Security, XTN, Symantec Corporation, IBM Corporation, Cisco Systems, CA Technologies, Inc., CSC, Fortinet, Inc., Cato Networks, and Check Point Software Technologies. Moreover, the key players of this market enhance the nature and expand the scope of the market with their way of functioning which further influenced the new and existing investors for making a huge amount of investment on which they get a higher return. This will also lead a significant market growth during the forecasted period.

With the growing implementation of the cloud-based services in different business platforms, such as enterprise business, has led to the requirement to protect the information of organizations. Additionally, on the basis of region, the market of this is spread across the globe. However, the Americas is the dominating region, which controls the foremost share for of the cognitive security market due to the great implementation of cloud security by small and medium-sized associations as the benefits and cost factors are advantageous. Moreover, Most of the major players are in the Americas.

Although, the Asia Pacific region is among the wildest raising markets for cognitive security. The region boasts of foremost developing economies with the aim of the growing data centers and the increasing penetration rate of connected devices across this region. Not only has this, but EMEA is also the third largest contributor to the cognitive security market owing to the growing requirement from the IT industries. The companies are consuming IoT, analytics, cloud, and various tools to differentiate their services. Furthermore, the foremost telecommunication industries are also associating with cognitive security vendors to protect their products and services. Therefore, in the near future, it is expected that the market of cognitive security market in IT and telecommunication will increase around the globe more significantly over the recent few years.

To know more, click on the link below:-

https://www.kenresearch.com/defense-and-security/security-devices/cognitive-security-market/173346-16.html

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Ken Research

Ankur Gupta, Head Marketing & Communications

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+91-9015378249

Egypt Remittance Market Research Report & Outlook to 2023: Ken Research

The report titled “Egypt Remittance Market Outlook to 2023 – By Inbound and Outbound Remittance, By Transfer Mode (Bank Transfer, Through Friends or Relatives, Through Agent or Courier, Carried Money on Their Visits, and Others), By Banking and Non-Banking Transfer, By Bill Payment Type (Mobile Services, Internet Services, Utilities, and Others), By Bill Payment Mode (Cash Payments, Card Payments, and Fund Transfers)” provides a comprehensive analysis of International Remittance, Domestic Remittance, and Bill Payment Market in Egypt. It includes the transactions occurring in Egypt by major flow corridors, mode of transfer, inbound and outbound transactions, channel of transfer, and bill payment details such as type of bill payments and mode of bill payments. The report also covers the overall competitive landscape and company profiles of major Money Transfer Organizations in Egypt. The report concludes with market projection for future and analyst recommendations highlighting the major opportunities and cautions for the Egypt Remittance Market.

Egypt Remittance Market Overview and Size

Egypt has been one of the top Arabian countries in terms of labour supply. This results into high international inbound remittance in the country. The domestic remittance transactions are high which is due to growth in internal migration and rising urban population. Increasing nuclear families in the country has resulted into increased bill payment activities as number of subscribers for utilities, mobile telephone services and internet are on rise. Even though the international remittance market has slowed down since 2016, it is expected to recover as Middle Eastern economies invest to diversify.

Egypt International Remittance Market

The inbound remittance has been the leading source of transaction whereas outbound remittance accounts for a marginal share; it is majorly due to the high Egyptian migration in other countries for better job opportunities. Saudi Arabia, Kuwait, UAE, Jordan among others have been major inbound remittance flow corridors which are majorly due to the substantial Egyptian migration to these countries, whereas resident from countries such as Syrian Arab Republic, West Bank and Gaza, Lebanon, and other have been major countries responsible for outbound remittance from Egypt. in Egypt International Remittance Market, bank transfer that includes usage of cheques, drafts, direct deposits, and others accounts for a major share in 2018. However, about one-fourth of the population still rely on their friends and relatives to send or receive money. It is mainly due to the lack of trust on banking channels and it is the least expensive method for migrants to save transaction fee and taxes.

Egypt Domestic Remittance Market

Banking channels has been most prominent method whereas non-banking channels accounts for a smaller share. Based on net migration flow, Port Said, Suez, Red Sea, 6th of October, and Ismalia are few of the major cities that have experienced major inflow of internal migrants, whereas Menoufia, Sharqia, Assyut, Sohag and Damietta are the cities that fall lest in net migration flow with highest number of outflow of migrants. Better job opportunities and lifestyle makes these cities major flow corridors in domestic money transfers.

Egypt Bill Payments Market

In Egypt, Bill Payments mobile services that include mobile top-ups are the largest contributor, followed by internet services which are majorly due to the ever increasing penetration of broadband internet. Utilities also accounts for a respectable share followed by other bills such as taxes, tuition fee, and more. Cash is the most preferred method opted by Egyptians. Card payment is second largest contributor in terms of transaction value and is followed by fund transfers.

Competitive Landscape in Egypt Remittance Market

The competition within Egypt International Remittance market concentrated in nature with the presence of Western Union, RIA Money Transfer, and MoneyGram. Other companies that operate in the space are OFX, XE Trade, Payoneer, and more, however they account for smaller share. in domestic remittance space Egypt Post dominates the market which is followed by ITSC Egypt (that operates in collaboration with Egypt Post), where as HSBC Egypt is the largest private company that operates in domestic money transfer services in Egypt. The Bill Payment Market in Egypt is fragmented in nature with presence of companies such as Masary, Fawry, Bee, Sadad, Aman, and others, in which Fawry and Masary combined accounted for majority of the market share.

Future Outlook and Projections

Expected continued growth in Egyptian migrants in other countries, internal migration, and increasing use of internet and mobile services is expected to sustain the growth of Egypt Remittance Market. However, policy changes in Saudi Arabia are expected to negatively impact the international remittance market in Egypt. Most of the Egyptian workers in Saudi Arabia are either expected to return to Egypt or move to other country in search of other better employment opportunities.

Key Segments Covered:-

Egypt International Remittance Market

By Inbound and Outbound Remittance

By Major Flow Corridors

Inbound Flow Corridors

Outbound Flow Corridors

By Mode of Transfers

Bank Transfers

Through Friends or Relatives

Through Agent or Courier

Carried Money on Their Visits

Single Size

Custom Size

Egypt Domestic Remittance Market

By Channel of Transfer

By Major Flow Corridors

Banking Transactions

Non-Banking Transactions

By Major Flow Corridors

Bank Transfers

Egypt Bill Payments Market

By Type of Bill Payments

Mobile Services

Internet Services

Utilities

By Mode of Bill Payments

Cash Payments

Card Payments

Fund Transfers

Key Target Audience:-

Money Transfer Organization

Bill Payment Companies

Banks

Time Period Captured in the Report:-

Historical Period – 2013-2018

Forecast Period – 2019-2023

Companies Covered:-

Western Union

RIA Money Transfer

MoneyGram

Egypt Post

ITSC Egypt

HSBC Egypt

Fawry

Masary

Bee: Smart Payment Solutions

Key Topics Covered in the Report:-

Executive Summary

Research Methodology

Egypt Remittance Market - Overview and Genesis

Egypt International Remittance Market

Egypt Domestic Remittance Market

Egypt Bill Payment Market

Egypt Remittance Market Consumer Profile

Value Chain Analysis of Egypt Remittance Market

Government Regulations in Egypt Remittance Market

Issues and Challenges in Egypt Remittance Market

Trends and Growth Drivers

Competitive Landscape and Company Profiles in Egypt Remittance Market

Future Outlook and Projections of Egypt Remittance Market

Analyst Recommendations

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

https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/egypt-remittance-market/182340-93.html
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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Changing Dynamics Of The Global BFSI Security Market Outlook: Ken Research

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However, unsurprisingly, the market of security devices has grown more significantly in the recent trend with the BFSI security market. Whereas, the BFSI segment deals with the largest bulk of financials facilitating insurance, transactions, and the other financial services to the consumers. This segment has been a target to wide cybercrimes, terrorism, and physical risks; thereby the ultimatum increased the security measures for the industry. The rise in the implementation of the technology, growing usage of internet, electronic platform, cloud, online and mobile banking are all together leading to augmented susceptibility to cyber and physical threats to data and information of the banking customers. This is improving the ultimatum to accept a new and developed solution for secure transactions in this market. Not only has this, but the key players of this market are also doing effective developments in the technology by which they can protect the consumers more efficiently from the threat and increase the demand. This will further conclude in leading the fastest market growth in the coming years.

According to the report analysis, ‘BFSI Security Market - Global Drivers, Opportunities, Trends, and Forecasts to 2023’ it states that there are several key players which are presently functioning in this market more efficiently for leading the fastest market growth during the forecasted period by making attractive advancements in the technologies and the techniques of doing work includes Cisco Systems, Inc., PTC Inc., Qualcomm Technologies, Inc., Amazon.com, Inc., SAP SE., Samsung Electronics Co. Ltd., General Electric Company, Ericsson, Schneider Electric SE, Accenture PLC, Cisco Systems, IBM, Symantec Corp., McAfee LLC, Oracle, Herjavec Group, Storm shield, Dell Security, FireEye, Inc., Gemalto NV, Trend Micro Incorporated, Accenture and several others. In addition, the market for BFSI is competitive with the foremost software vendors such as IBM, Cisco, and Symantec already having a prominent position in the market. Cisco is improving the customer's experiences with the premium and convenience banking along with global security programs. IBM is aiming at the security and creates approximately USD 2 billion of revenue from security alone annually.

The growth in BYOD, mobile apps, and cloud has concluded in the supreme implementation of IAM in the banking industry. The augmented terror activities, robberies, identity stealing, and data breaches are between the main motives to fueling the need for physical security in the banking industry. The BFSI properties have already installed video surveillance, IAM, encryption, and fire recognition systems and many countries have instructed such installations due to the requirement of the security.

Whereas, North America is the prominent region which leads the BFSI Security market where the government is taking initiatives towards insecurity with the new cybersecurity standards and augmented investment such as the US in 2015 invested USD 4 billion in cybersecurity for financial institutions. Additionally, Europe stands second in the market and is fascinating the niche players to arrive in the market through funding. Therefore, in the near future, it is expected that the market of BFSI security will increase more significantly around the globe over the few years.

To know more, click on the link below:-

https://www.kenresearch.com/defense-and-security/security-devices/bfsi-security-market/173160-16.html

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Sales@kenresearch.com

+91-9015378249

Changing Dynamics Of The Romania Dairy And Soy Food Market Outlook: Ken Research

According to the report analysis, ‘Country Profile: Dairy & Soy Food in Romania’ it is states that there are several key players which are presently functioning in this market more enormously for attaining the handsome amount of share not only in this region but across the globe by doing effective developments in the specifications of the products and distribution channel includes FrieslandCampina N.V., Groupe Lactalis SA, Hochland AG, Danone Group, S.C. Albalact SA, S.C. COVALACT S.A., Meggle, Muller Group, Olympos SA and several others. Whereas, with the further research it is notify that Napolact, Milli and Ladorna are the three leading brands in the Romanian dairy & soy food sector. Moreover, many of the key players of this market are adopting the effective strategies and policies for developing their techniques of doing work as some of the populace in this region is having allergy with such products which further become beneficial for increasing the demand for anti-allergic products and leading the fastest market growth during the forecasted period.

The whole market of food, beverages and tobacco is growing more significantly in the present era with the efficient improvement in the technology of product making and development in the quality of the food item. However, the sector of dairy and soy food are utilized across the world but it is anticipated that in Romania the utilization or consumption of such item is done more wide scale with the significant investment by the key players in the effective campaigns of the research and development which are undoubtedly related to the quality of the products. In addition, in the recent trend, the effective increment in the disposable income and wide and efficient transformation in the living style of the populace in this region are the two major factors which lead the market growth more significantly during the forecasted period. Not only has this, the key players of this market are playing an important role by dominating the handsome amount of share with the establishment of e-commerce platform which become beneficial for accomplishing the rising demand for dairy and soy food products in the Romania and across the globe.

Additionally, the key players of this region are working by folding up their sleeves with the effective strategies and policies for accounting the huge market share which further become profitable for the new comers and investors.

Additionally, the respected key players of this market for attaining the highest market growth are supplying their products with the help of several distribution channels which includes cash & carries and warehouse clubs, food & drinks specialists, hypermarkets & supermarkets, convenience stores, dollar stores, variety stores & general merchandise retailers, eRetailers and several others. However, the hypermarkets & supermarkets is the leading distribution channel in the Romanian dairy & soy food sector. Not only has this, they make several developments in the way of packaging and material of packaging which includes flexible packaging, paper & board, rigid metal, rigid plastics, and glass. For instance, Rigid plastics is the most frequently used pack material in the Romanian dairy & soy food sector, followed by paper & board and rigid metal. Therefore, in the near future, it is expected that the market of dairy and soy food in Romania will increase more significantly during the forecasted period over the recent few years.

To know more, click on the link below:

https://www.kenresearch.com/food-beverage-and-tobacco/dairy-products/dairy-soy-food-romania/156626-11.html

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Ankur Gupta, Head Marketing & Communications
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