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Company Insights
NewSamsung Pay – Competitor Profile
Samsung Pay is a mobile payment solution launched by Samsung in August 2015. Samsung Pay is available for a range of Samsung products, including its Galaxy devices and Gear wearable technology. It was the first mobile payment offering to support NFC, magnetic secure transmission, and barcode scanning in a single solution. It is supported by more than 2,800 international and regional banks and credit unions in the US, including Bank of America, Wells Fargo, Citibank, Capital One, PNC, and TD...
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Analyst Opinions
NewFactors of Influence for Purchases – Key Trends and Consumer Insights
Factors of Influence for Purchases – Key Trends and Consumer Insights Report Overview The top five factors that influence consumers’ purchases are value for money, quality, price, discounts and promotions, and range. Value for money is the most influential factor among others for most sectors. This is unsurprising given the persistent pressures on consumers’ discretionary incomes and weak consumer confidence. On the other hand, discounts and promotions are generally less influential in purchasing choices but this is relatively more important...
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Company Insights
NewHuawei Pay – Competitor Profile
Huawei Pay was launched in 2016 via a collaboration between payment scheme China UnionPay and smartphone brand Huawei, with the aim of competing in China’s exponentially expanding mobile payments market. Huawei Pay offers a ranges of payment services, including in-app and in-store payments. It offers both NFC payment as well as QR code payments for in-store purchases. To ensure privacy and security for payments, Huawei Pay utilizes tokenization and biometric authentication such as fingerprint recognition. Challenging the dominance of established...
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Thematic Analysis
NewWeb3 – Thematic Intelligence
Web3 Thematic Report Overview Web3 is an ideology that refers to the next model of the internet built on blockchain. It promises a mix of peer-to-peer (P2P) communication channels and decentralized governance. This will lead the internet’s transition from an information-centric model to a user-centric model. Furthermore, Web3 aims to give users the ability to create, own, and monetize their content and manage the use of their data. However, it is still an emerging model and has a long way...
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Sector Analysis
China Source Tourism Insight by Domestic and Outbound Tourism, Key Destinations and Tourist Profiles, 2024 Update
Explore thorough market trends and insights from the ‘China Source Tourism’ report: Get an in-depth analysis of traveler flows and spending patterns to understand the market better. The report looks at tourist profiles and summarizes the key reasons that they travel. Garner exhaustive data on the main and developing destination markets across regions. Stay up to date with current and future opportunities for tourism businesses seeking to tap into the China outbound travel market. Assess the impact of COVID-19 on domestic...
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Thematic Analysis
Social Media in Medical Devices – Thematic Intelligence
Social Media in Medical Devices Thematic Report Overview Social media has proven to impact the medical devices industry significantly. It has allowed patients to get together and discuss treatment options and their experiences within the healthcare system. Social media can help promote medical device awareness and understanding through sharing success stories, testimonials, and educational content. However, consumers’ increased concern about the use of personal data and content moderation will instead see smaller decentralized apps (dApps) become more popular. Several smaller...
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Thematic Analysis
Social Media in Travel and Tourism – Thematic Intelligence
Social Media in Travel and Tourism Thematic Report Overview Social media has proven beneficial for industries across the globe to garner a customer base and reach out to a larger set of audiences. In the travel and tourism industry, social media can provide a competitive edge to companies by predicting future travel trends. Travel enthusiasts are using content-sharing platforms such as Instagram and Pinterest as a way of finding inspiration for their trip. Travel trends such as staycations, rural tourism,...
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Thematic Analysis
Social Media in Retail and Apparel – Thematic Intelligence
Social Media in Retail and Apparel Thematic Report Overview The apparel and health & beauty sectors are increasingly adopting social media platforms and influencer marketing to promote their products and becoming purchasing channels. Adverts and paid partnerships with celebrities and influencers, especially on Instagram, are used exhaustively by apparel and health & beauty brands to expand their reach and appeal, especially among Gen Z shoppers. The purchasing preferences of these shoppers are greatly influenced by what they see on social...
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Sector Analysis
Malaysia Cards and Payments – Opportunities and Risks to 2027
Malaysia Cards and Payments Market Report Overview The annual value of card transactions in the Malaysia cards and payments market is estimated to be $84.5 billion in 2023 and is expected to grow at a CAGR of more than 10% during 2023-2027. The Malaysian payments market remains cash-reliant but has high growth potential as it shifts towards digital payments. Government initiatives including the introduction of an interchange fee cap, the migration of payment cards to support contactless payments, charges on...