Emerging Opportunities in the Kuwaits Cards and Payments Industry: Market Size, Trends and Drivers,Strategies, Products an...
payments industry and each industry within itUnderstand the key market trends and growth opportunities within Kuwaits card...
3.5.2 Guidelines Regarding Credit Cards Issued By Local And Islamic Banks4 Emerging Consumer Attitudes And Trends4.1 Marke...
7.3.4 Other Key Performance Indicators7.4 Prepaid Cards Market Size And Forecast7.4.1 Analysis By Number Of Cards7.4.2 Ana...
United StatesTel: +1-518-618-1030USA - Canada Toll Free 866-997-4948Email: sales@researchmoz.usBlog: http://researchmoz.bl...
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Kuwaits cards and payments industry

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The report provides market analysis, information and insights into Kuwaits cards and payments industry, including:
Current and forecast values for each segment of Kuwaits cards and payments industry including debit cards, credit cards, prepaid cards and charge cards
Comprehensive analysis of the industrys market attractiveness and future growth areas
Analysis of various market drivers and regulations governing Kuwaits cards and payments industry
Detailed analysis of the marketing strategies adopted for selling prepaid cards used by various bankers and other institutions in the market
Comprehensive analysis of consumer attitudes and their buying preferences for cards
Competitive landscape of Kuwaits cards and payments industry

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Transcript of "Kuwaits cards and payments industry"

  1. 1. Emerging Opportunities in the Kuwaits Cards and Payments Industry: Market Size, Trends and Drivers,Strategies, Products and Competitive LandscapeSynopsisThe report provides market analysis, information and insights into Kuwaits cards and payments industry,including: Current and forecast values for each segment of Kuwaits cards and payments industry including debit cards,credit cards, prepaid cards and charge cards Comprehensive analysis of the industrys market attractiveness and future growth areas Analysis of various market drivers and regulations governing Kuwaits cards and payments industry Detailed analysis of the marketing strategies adopted for selling prepaid cards used by various bankers andother institutions in the market Comprehensive analysis of consumer attitudes and their buying preferences for cards Competitive landscape of Kuwaits cards and payments industrySummaryKuwaits cards industry as a whole grew moderately at a CAGR of 3.59% during the review period, primarilydriven by the prepaid card category. Slow growth was mainly a result of the global economic crisis, whichcaused a decline in demand for oil and non-oil based exports and resulted in decreased rates of lending. Duringthe review period (2008-2012), prepaid cards occupied the largest share in the overall cards and paymentsindustry, and in volume terms recorded a CAGR of 37.83%. Charge cards grew at a CAGR of 4.02% over thesame period, followed by debit cards with a CAGR of 2.58%. The overall card industry is expected to grow ata CAGR of 4.44% over the forecast period (2013-2017), driven primarily by the prepaid cards category, whichis expected to grow at a CAGR of 19.94%. The credit cards category is also expected to grow at a CAGR of3.2% during the forecast period, while debit cards are expected to record a CAGR of 2.76%, and charge cardsa CAGR of 3.59%.Scope This report provides a comprehensive analysis of Kuwaits cards and payments industry It provides current values for Kuwaits cards and payments industry for 2012 and forecast figures for 2017 It details the different macroeconomic, infrastructural, consumer and business drivers affecting Kuwaits cardsand payments industry It outlines the current regulatory framework in the industry It details the marketing strategies used by various bankers and other institutions It profiles the major banks in Kuwaits cards and payments industryReasons To BuyMake strategic business decisions using historic and forecast market data related to Kuwaits cards andEmerging Opportunities in the Kuwaits Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive
  2. 2. payments industry and each industry within itUnderstand the key market trends and growth opportunities within Kuwaits cards and payments industryAssess the competitive dynamics in Kuwaits cards and payments industryGain insights into the marketing strategies used for selling various types of cards in KuwaitGain insights into key regulations governing Kuwaits cards and payments industryKey Highlights Kuwaits cards industry as a whole grew moderately at a CAGR of 3.59% during the review period, primarilydriven by the prepaid card category. In terms of value, the industry is expected to grow at a CAGR of 10.91% over the forecast period, fromKWD17.2 billion (US$61.4 billion) in 2013 to KWD26.0 billion (US$93.0 billion) in 2017. Prepaid cards held the largest market share in the overall cards and payments industry during the reviewperiod. Near Field Communication (NFC) technology is increasingly being adopted by payment network providers,service providers, merchants and mobile network operators in Kuwait. The growing market for online trade in Kuwait is one of the primary factors responsible for the expansion ofthe countrys cards and payments industry. The growing number of domestic and international tourists has created a demand for travel cards in thecountry, and many leading banks and card providers have issued travel cards targeting these consumers.1 Executive Summary2 Market Attractiveness And Future Prospects For The Cards And Payments Industry3 Analysis Of Kuwaiti Cards And Payments Market Drivers3.1 Infrastructure Drivers3.1.1 Migration To Emv Cards3.1.2 Emergence Of Contactless And Nfc Technology Enabled Payments3.1.3 M-net Mobile Payments Solution3.1.4 Increasing Number Of Internet Users3.1.5 Growing Number Of Pos Terminals3.1.6 Growing Number Of Atms3.2 Business Drivers3.2.1 Retail Industry3.2.2 Growing E-commerce3.2.3 Outbound Business And Leisure Travel And Tourism3.3 Other Drivers3.3.1 Gdp Growth3.3.2 Stable Inflation Rate3.3.3 Consumer Confidence Index3.3.4 Consumer Spending Habits3.4 Card Fraud Statistics3.5 Regulatory Framework3.5.1 Anti-money Laundering (aml)Emerging Opportunities in the Kuwaits Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive
  3. 3. 3.5.2 Guidelines Regarding Credit Cards Issued By Local And Islamic Banks4 Emerging Consumer Attitudes And Trends4.1 Market Segmentation And Targeting4.2 Retail Segment4.2.1 Targeting High Net Worth Individuals (hnwis)4.2.2 Cards Targeted At Outbound Leisure Tourists4.2.3 Cards Targeted At Niche Segments4.3 Corporate Segment4.3.1 Businesses And Departments4.4 Consumer Preference4.4.1 Price4.4.2 Services4.4.3 Convenience4.5 Online Buying Behavior5 Competitive Landscape And Industry Dynamics5.1 Market Share Analysis By Payment Channels5.1.1 Overview Of Payment Channels5.1.2 Credit Transfer5.1.3 Card Payments5.1.4 Check Payments5.2 Debit Cards5.2.1 By Bank5.2.2 By Scheme5.3 Credit Cards5.3.1 By Bank5.3.2 By Scheme5.4 Charge Cards6 Strategies Adopted By Key Operators6.1 Market Entry Strategies6.2 Marketing / Product Strategy6.2.1 Credit Cards6.2.2 Prepaid Cards6.3 Pricing Strategies7 Market Size And Growth Potential Of The Payment Cards Industry7.1 Market Share Analysis By Type Of Card7.2 Total Market Size And Forecast Of The Card Industry7.2.1 Analysis By Number Of Cards7.2.2 Analysis By Transaction Value7.2.3 Analysis By Transaction Volume7.3 Debit Cards Market Size And Forecast7.3.1 Analysis By Number Of Cards7.3.2 Analysis By Transaction Value7.3.3 Analysis By Transaction VolumeEmerging Opportunities in the Kuwaits Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive
  4. 4. 7.3.4 Other Key Performance Indicators7.4 Prepaid Cards Market Size And Forecast7.4.1 Analysis By Number Of Cards7.4.2 Analysis By Segments - Open And Closed-loop Cards7.4.3 Analysis By Transaction Value7.5 Charge Cards Market Size And Forecast7.5.1 Analysis By Number Of Cards7.5.2 Analysis By Transaction Value7.5.3 Analysis By Transaction Volume7.5.4 Frequency Of Use7.6 Credit Card Category Size And Forecast7.6.1 Analysis By Number Of Cards7.6.2 Analysis By Transaction Value7.6.3 Analysis By Transaction Volume7.6.4 Other Key Performance Indicators8 Company Profiles, Product, And Marketing Strategies8.1 National Bank Of Kuwait8.1.1 Strategies8.2 Kuwait Finance House8.2.1 Strategies8.2.2 Kuwait Finance House Key Financial Indicators8.3 Commercial Bank Of Kuwait8.3.1 Strategies8.3.2 Commercial Bank Of Kuwait Key Financial Indicators9 Appendix9.1 Methodology9.2 Contact Us9.3 About Timetric9.4 DisclaimerAbout Us:Transparency Market Research is a market intelligence company providing global business informationreports and services. Our exclusive blend of quantitative forecasting and trends analysis providesforward-looking insight for thousands of decision makers. We are privileged with highly experienced team ofAnalysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques togather, and analyze information. Our business offerings represent the latest and the most reliable informationindispensable for businesses to sustain a competitive edge.Contact:ResearchMoz90 State Street,Suite 700,Albany NY - 12207Emerging Opportunities in the Kuwaits Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive
  5. 5. United StatesTel: +1-518-618-1030USA - Canada Toll Free 866-997-4948Email: sales@researchmoz.usBlog: http://researchmoz.blogspot.com/Website: http://www.researchmoz.us/Emerging Opportunities in the Kuwaits Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive

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