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Analyst Opinions
Wealth in Indonesia: Sizing the Market Opportunity 2016
The Indonesian affluent market is small but is set for continuous strong growth. Indeed, the proportions of HNW and mass affluent individuals compared to its overall size are unremarkable, and it is only the strong growth rates that are predicted that make the market so attractive. Deposits account for a lower proportion than the regional average, while bonds continue to flourish. Outside of the onshore liquid market, local HNW individuals show strong appetite for property investment, while concerns about economic...
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Analyst Opinions
Wealth in Russia: Sizing the Market Opportunity 2016
The performance of the Russian liquid wealth market is driven by strong growth in the retail savings and investments market. Given the predominant allocation in deposits, year-on-year growth has depended primarily on GDP and wage growth, which in turn have been influenced by commodity prices. While HNW wealth is forecast to record a compound annual growth rate (CAGR) of 12.3% between 2016 and 2020, the rest of the country’s affluent population is expected to develop at a slower pace.
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Analyst Opinions
Consumer Payments Country Snapshot: China 2016
China represents a mature payment card market in Asia, with over 5 billion payment cards in issue. Despite a high card-per-customer ratio China is expected to see mild growth in both card numbers and the value of transactions, as mobile has become the payment mechanism of choice in the country. China UnionPay is the fastest-growing card scheme in China, claiming a more than 90% market share in 2015.
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Analyst Opinions
Consumer Payments Country Snapshot: Sweden 2016
Sweden has the potential to become the world’s first cashless society. The use of cash is declining quickly in Sweden and over half of all bank branches no longer deal with cash-based transactions. Payment cards are widely held and widely used in Sweden, and it has a strong alternative payments market.
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Analyst Opinions
Consumer Payments Country Snapshot: Spain 2016
The Spanish payments market was significantly impacted by the economic crisis. While the crisis affected banks’ reputations, it also accelerated their efforts to rejuvenate in order to regain the trust of Spanish consumers. CaixaBank, BBVA, Banco Popular, and Banco Santander are the leading players in this process. The Spanish economy has only recorded positive values since 2014, raising the employment rate and stimulating consumption. This has created an environment where consumers are increasingly confident about the use of financial technologies...
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Analyst Opinions
Consumer Payments Country Snapshot: India 2016
The second largest consumer market globally, India remains a cash-driven economy. However, digital payments will see growth in the Indian market, and are forecast to overtake cash transactions by 2023.The key opportunity is the digitization of payments – if they are as easy to use, convenient, and secure as cash then they will contribute to the growth of financial inclusion in the country. The main factors that will play a significant role in the process will be the rise of...
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Analyst Opinions
Australian IFAs, Investment Managers & Platforms 2016
Financial advisors are a key distribution network for retail investors in Australia. All investment product manufacturers need to understand the priorities and criteria that advisors use to select their investment partners and platforms. As almost all advisors use a platform to manage their client assets under management (AUM), understanding why certain platforms are more favored than others is crucial.
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Sector Analysis
The Cards and Payments Industry in Norway: Emerging Trends and Opportunities to 2021
GlobalData’s 'The Cards and Payments Industry in Norway: Emerging Trends and Opportunities to 2021' report provides top-level market analysis, information and insights into the Norwegian cards and payments industry, including: • Current and forecast values for each market in the Norwegian cards and payments industry, including debit, credit and charge cards. • Detailed insights into payment instruments including credit transfers, direct debits, check payments, cash transactions and payment cards. It also includes an overview of the country's key alternative payment...
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Analyst Opinions
Singapore Wealth Report 2016
This report is the result of WealthInsight’s extensive research covering the high net worth individual (HNWI) population and wealth management market in Singapore.
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Analyst Opinions
India Wealth Report 2015
This report is the result of WealthInsight’s extensive research covering the high net worth individual (HNWI) population and wealth management market in India.
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