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Norways Cards and Payments Industry Available on Researchmoz.us
Norways Cards and Payments Industry Available on Researchmoz.us
Norways Cards and Payments Industry Available on Researchmoz.us
Norways Cards and Payments Industry Available on Researchmoz.us
Norways Cards and Payments Industry Available on Researchmoz.us
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Norways Cards and Payments Industry Available on Researchmoz.us

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Norways cards and payments industry exhibited nominal growth during the review period (2008 - 2012), increasing at a CAGR of 3.97%, from 15.34 million cards in 2008 to 17.9 million cards in 2012. Over …

Norways cards and payments industry exhibited nominal growth during the review period (2008 - 2012), increasing at a CAGR of 3.97%, from 15.34 million cards in 2008 to 17.9 million cards in 2012. Over the forecast period, the industry is forecast to register further growth with a CAGR of 1.33%, rising from 18.3 million cards in 2013 to 19.3 million cards in 2017. A high internet penetration in Norway is changing consumers preferences for online shopping. According to an e-commerce survey in the country by DIBS Payment Services, a supplier of functional, secure payment services for e-commerce in the Nordic region in 2012, home-electronics recorded a 51% share of online purchases, while books and clothing/footwear emerged as prospective runner-ups, each with a 30% share of online purchases in 2011.

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  • 1. Emerging Opportunities in Norways Cards and Payments Industry: Market Size, Trends and Drivers,Strategies, Products and Competitive LandscapeSynopsis The report provides market analysis, information and insights into Norways cards and payments market,including: Current and forecast values for each category of Norways cards and payments industry including debitcards, credit cards, prepaid cards and charge cards Comprehensive analysis of the industrys marketattractiveness and future growth areas Analysis of various market drivers and regulations governing Norwayscards and payments industry Detailed analysis of the marketing strategies adopted for selling debit, credit,charge and prepaid cards used by various bankers and other institutions in the market Comprehensive analysisof consumer attitudes and their buying preferences for cards Competitive landscape of Norways cards andpayments industrySummary Norways cards and payments industry exhibited nominal growth during the review period (2008 - 2012),increasing at a CAGR of 3.97%, from 15.34 million cards in 2008 to 17.9 million cards in 2012. Over theforecast period, the industry is forecast to register further growth with a CAGR of 1.33%, rising from 18.3million cards in 2013 to 19.3 million cards in 2017. A high internet penetration in Norway is changingconsumers preferences for online shopping. According to an e-commerce survey in the country by DIBSPayment Services, a supplier of functional, secure payment services for e-commerce in the Nordic region in2012, home-electronics recorded a 51% share of online purchases, while books and clothing/footwear emergedas prospective runner-ups, each with a 30% share of online purchases in 2011. Norwegians spent a total ofEUR3 billion (US$4.2 billion) on a variety of products online in 2011. In January 2013, the countrys retailsales, excluding motor vehicles and petrol stations, recorded a monthly growth of 1.2% and an annual growthof 2.7%. Sales of furniture, domestic electric appliances and building materials contributed the most to theincrease from December 2012 to January 2013. The major driving factor was consumer spending, whichincreased from NOK289.5 billion (US$49.8 billion) in the third quarter of 2012 to NOK290.3 billion(US$49.9 billion) in the fourth quarter of the same year.Scope This report provides a comprehensive analysis of Norways cards and payments industry It provides current values for Norways cards and payments industry for 2012 and forecast figures for 2017 Itdetails the different macroeconomic, infrastructural, consumer and business drivers affecting Norways cardsand payments industry It outlines the current regulatory framework in the industry It details the marketingstrategies used by various bankers and other institutions It profiles the major banks in Norways cards andEmerging Opportunities in Norways Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive La
  • 2. payments industry Reasons To Buy Make strategic business decisions using historic and forecast market data related to Norways cards andpayments industry and each market within it Understand the key market trends and growth opportunitieswithin Norways cards and payments industry Assess the competitive dynamics in Norways cards andpayments industry Gain insights into the marketing strategies used for selling various types of cards inNorway Gain insights into key regulations governing Norways cards and payments industryKey Highlights Norways cards and payments industry exhibited nominal growth during the review period (2008 - 2012),increasing at a CAGR of 3.97%, from 15.34 million cards in 2008 to 17.9 million cards in 2012. Over theforecast period, the industry is forecast to register further growth with a CAGR of 1.33%, rising from 18.3million cards in 2013 to 19.3 million cards in 2017. In Europe, both Norway and Iceland have the highestranking in internet usage, followed by Sweden and Denmark. As of December 2012, the total number ofinternet users in Norway was recorded at 4.9 million people, an increase of 4.9% over 2011. The youngergeneration is a considerable and growing target group in terms of card spending. Notably, in 2013, 1.2 millionpeople fell under the age bracket of 10 - 29 years, representing 25.7% of the total Norways population. DNBNor ASA was the leading bank in terms of debit card issuance volume in 2011, accounting for 35.4% of thetotal volume of debit cards in 2011. Other key operatives in the category were Nordea and SpareBank 1Nord-Norge, which accounted for industry shares of 8.0% and 2.1% respectively in 2011.table Of Content1 Executive Summary2 Market Attractiveness And Future Prospects Of Cards And Payments Industry 3 Analysis Of Country Cards And Payments Industry Drivers3.1 Infrastructure Drivers3.1.1 Smart Card Readers And Terminals For E-ticketing System3.1.2 Increasing Number Of Pos Terminals3.1.3 Rising Number Of Internet Users3.2 Business Drivers3.2.1 E-commerce Market Dynamics3.2.2 Growing Retail Sales3.2.3 Outbound Tourism Growth3.3 Other Growth Drivers3.3.1 Strong Employment Growth3.3.2 Urban Vs. Rural PopulationEmerging Opportunities in Norways Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive La
  • 3. 3.3.3 Increasing Consumer Confidence3.4 Card Fraud Statistics3.5 Regulatory Framework3.5.1 Sepa Cards Framework 4 Emerging Consumer Attitudes And Trends4.1 Market Segmentation And Targeting4.1.1 Retail Customers4.1.2 Corporate Sector4.2 Consumer Preference4.2.1 Price4.2.2 Service4.2.3 Convenience4.3 Preferred Payment Methods 5 Competitive Landscape And Industry Dynamics5.1 Market Share Analysis By Payment Channels5.1.1 Cash5.1.2 Credit Transfers5.1.3 Direct Debit5.1.4 Card Payments5.1.5 Checks5.2 Debit Card Market Share5.3 Credit Card Market Share5.3.1 By Bank5.3.2 By Scheme5.4 Charge Cards Market Share 6 Strategies Adopted By Key Players6.1 Market Entry Strategies6.1.1 Case Study6.2 Marketing/product Strategies6.2.1 Credit Cards6.3 Pricing Strategies 7 Market Size And Growth Potential Of Payment Card Industry7.1 Market Share Analysis By Type Of Card7.2 Total Market Size And Forecast Of Card Industry7.2.1 Analysis By Number Of CardsEmerging Opportunities in Norways Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive La
  • 4. 7.2.2 Analysis By Transaction Value7.2.3 Analysis Transaction Volume7.3 Debit Card Market Size And Forecast7.3.1 Analysis By Number Of Cards7.3.2 Analysis By Transaction Value7.3.3 Analysis By Volume7.3.4 Other Key Performance Indicators7.4 Prepaid Card Market Size And Forecast7.4.1 Analysis By Number Of Cards7.4.2 Analysis By Transaction Value7.5 Charge Card 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 Analysis By Frequency Of Use7.6 Credit Card Market 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 Indicators 8 Company Profiles, Products And Marketing Strategies8.1 Sparebank 1sr-bank8.1.1 Strategies8.1.2 Credit Cards Offered8.2 Sparebanken Vest8.2.1 Strategies8.2.2 Debit Cards Offered8.2.3 Credit Cards Offered8.2.4 Prepaid Card Offered8.3 Bn Bank8.3.1 Cards Offered 9 Appendix9.1 Methodology9.2 Contact Us9.3 About Timetric9.4 DisclaimerAbout Us:Emerging Opportunities in Norways Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive La
  • 5. 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 - 12207United 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 Norways Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive La

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