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Thematic Analysis
NewEcommerce Sector Scorecard, Q1 2024 Update – Thematic Intelligence
Consumers expect a seamless digital experience when shopping online, and central to this is a safe and secure payment process. Digital payments is an important theme for ecommerce companies, with all of the top five companies in the thematic screen of GlobalData’s ecommerce sector scorecard scoring at least 4 out of 5 in this theme. Additionally, the top three ranked companies (Visa, Mastercard, and Klarna) all provide consumer payment services, highlighting the importance of this aspect of ecommerce.
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Company Insights
NewPhonePe – Competitor Profile
PhonePe is one of the most widely adopted mobile wallets in India, with over 520 million users. The company was founded as a fintech startup in late 2015; by April 2016, PhonePe was operating as a subsidiary of ecommerce platform Flipkart. With heavy financial backing from Flipkart, the mobile wallet service flourished. In 2020, US retail giant Walmart (the owner of Flipkart) decided to spin off PhonePe to operate as a separate entity (a process that was completed in December...
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Thematic Analysis
NewMobile Gaming – Thematic Intelligence
Mobile Gaming Thematic Intelligence Report Overview The mobile gaming market is already bigger than the console and PC gaming markets combined. The growing maturity of streaming (supported by 5G), cloud gaming, and mobile esports, combined with the fact that mobile platforms are close to technological parity with PCs and consoles, means most gamers will embrace mobile gaming in the next few years. The mobile gaming thematic intelligence report provides an overview of the mobile gaming theme and identifies the key...
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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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Thematic Analysis
Payments Sector Scorecard – Thematic Intelligence
Payments Sector Scorecard Thematic Intelligence Report Overview Disruptive solutions such as blockchain, AI, and cloud technology are driving changes in the payments industry. Companies such as JPMorgan Chase, GoogleC, Visa, and Mastercard are heavily investing in these solutions even though they are at their early stage of using disruptive technologies. In addition, incumbent companies acquire startups and stakes in competitors to grow their market share. Fintech startups first showed interest in new payment solutions such as open banking, blockchain, and...
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Thematic Analysis
Ecommerce – Thematic Intelligence
Ecommerce Report Overview The e-commerce market was worth $5.9 trillion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of more than 9% between 2022 and 2027 primarily driven by improved technology and delivery services and wider internet adoption. The E-commerce thematic report provides an overview of the e-commerce theme. It identifies the key trends impacting the growth of the sector over the next 12 to 24 months. It includes a comprehensive industry analysis, outlining...
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Analyst Opinions
Code to Capital – Generative AI Meets Financial Services
Generative AI in Financial Services Report Overview The upsurge in Generative AI (GenAI) centric news, transactions, and company filings within financial services indicates a sector-wide recognition of the technology’s transformative potential. GenAI amplifies personalization, optimizes operations, and enhances security, resulting in a holistic transformation of the financial services market. This has resulted in the refining of each retail banking value chain component. In the front office, Generative AI facilitates customer interactions across various touchpoints and enables more personalized and efficient...
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Product Insights
Innovation in Payments – Reward Programs, Payment Loyalty by Region and Consumer Attitudes
Innovation in Payments Report Overview Loyalty programs have developed from a simple, unique premise to complex, omnichannel, and personalized programs. Reward points are a key method providers use to attract new customers. Such programs encourage switching, cross-selling, and retention. Most reward programs are focused on either cashback or points. The innovation in payments report covers the latest innovations by businesses in the payment sector pertaining to reward programs, payment loyalties by region, and consumer attitudes toward loyalty. Furthermore, this report...