An upcoming research report on the mobile commerce & application market in singapore
AN UPCOMING MARKET RESEARCH REPORT ONTHE MOBILE COMMERCE & APPLICATIONSMARKET IN SINGAPOREThe industry research report on the Mobile Commerce & Applications market in Singaporeprovides a comprehensive analysis of the industry of Singapore for the year 2009-2011. Thisreport includes the total industry size in terms of revenue, total number of subscribersundertaking m-commerce transactions in Singapore and the latest trends and developments inthe industry. The report also entails an analysis of all the major players in the market withtheir future projections.The total number of subscribers undertaking the Mobile Commerce transactions in Singaporewas 880,792 for the year 2011. The industry is broadly categorized into Mobile Payments andMobile Application developers. Singapore offers the brightest future in this market becauseof its high mobile penetration rate, an efficient regulatory system and strong financialservices. Mobile Commerce market size has increased from USD 5.73 million in 2009 toUSD 260.8 million in 2011 at a CAGR of 574.6%Research Methodology Used:Several statistical methods such Covariance, Correlation, Regression and Coefficient ofDetermination (R square) analysis are used to assess the industry performance and analyzethe future outlook of the industry.We also analyze several socio-economic, demographic, political, and regulatory marketfactors which directly or indirectly affect the industry performance by indicating their degreeof impact in the cause and effect relationship between them. The reason for selected thesemacro-economic and industry factors are also explained.The research team builds a multi factor regression model by first identifying the correlation(whether linear or non-linear) between the dependent and independent variables. Aftercalculating the degree and strength of relationship between the variables, the regressionmodel is used to calculate the sensitivity of each factor on the dependent variable. Finally, theexpected value and sensitivity of the independent variable is used to determine the futurevalue of dependent variable.Data Collection Methods:In terms of data collection, the report has used both primary and secondary data sources.Secondary Data Sources: Secondary data sources includes the analysis of existing macroeconomic and demographic factors, obtained from national statistics of several countries andfrom magazines, journals and online articles The secondary data sources are used to form theinitial perception and contention on several forces playing their role in determining the futuregrowth in the industry.
Primary Data Sources: Structured interviews are conducted through telecon and emails withseveral industry veterans including major decision makers of companies operating in thesector, representatives of several associations and research institute and industry veterans.These interviews help the research team to authenticate the data collected from secondarydata sources and to reject or accept the hypothesis regarding the future projections.About AM Mindpower SolutionsAM Mindpower Solutions is a market research company which offers global industry marketresearch analysis report and industry forecast. We have core expertise in evaluating severalindustries and verticals including pharmaceutical industry research report, insurance report,apparel industry report and healthcare marketing research report.We also offer insight in mergers and acquisitions and Venture Capital & Private EquityInvestment landscape pertaining to India across sectors such as Education, E-Commerce,Food & Beverages and Healthcare among others.For more information on the upcoming publication please refer to the below mentioned link:http://www.ammindpower.com/press-release.php?a=108