The document discusses the Indian smart card market. It notes that the global smart card market shipped 6.2 billion units in 2011 worth $4.7 billion, and is estimated to ship 6.8 billion units in 2012 worth $5.1 billion. In India, the smart card market was worth $31.03 billion in 2011 and is estimated to be worth $37.24 billion in 2012, growing at a CAGR of around 24% from 2009-2013. The telecom sector dominates the Indian smart card market, representing over 70% of volumes. Contact smart cards currently dominate the Indian market but contactless cards are growing. The market is expected to continue growing due to expanding telecom, banking, ID
The document provides an overview of the Indian smart card market. It discusses that the market has grown significantly in recent years and is expected to continue growing at a CAGR of around 12-24% until 2015. The telecom sector currently dominates usage, representing over 70% of volumes. However, sectors like banking, transportation, and government ID programs are expected to drive further growth in the smart card market in India. The market is also shifting towards contactless cards, though contact cards still dominate currently. Key opportunities for growth include various e-governance initiatives and modernization of transportation systems. Challenges include the need for infrastructure upgrades and lack of interoperability standards between programs.
1. The Indian e-commerce market is expected to exceed 100 billion USD by 2022, driven largely by over 150 million new online users from diverse demographic backgrounds.
2. Growth will come from increasing internet penetration and smartphone usage, a booming middle class, and e-commerce players innovating to meet the needs of new users.
3. The government is establishing e-commerce regulations and policies to support growth across segments like e-tail, travel, and financial services, enabling the industry to surpass 100 billion USD.
Newborn Town ‘Social + Games’ dual-wheel drive deep into markets overseasAda Zhang
1) Newborn Town is a leader in China's overseas social media market that has transitioned to a 'Social + Games' strategy. It completed this transformation in 2020 through acquiring controlling stakes in MICO, its flagship social media product.
2) In 2020, revenue surged 203% year-over-year and net profit rose 67% year-over-year as the company benefited from demand for MICO and diversifying its business model.
3) The company has four differentiated social media products - MICO, Yoho, Yiyo, and Yumy - targeting different user needs through localized operations and infrastructure in key markets like the Middle East and Southeast Asia. It also has potential for growth
The document discusses hiring trends in the e-commerce industry in India. It states that around 100,000 core technology jobs will focus on e-commerce technologies and skills like algorithms, interfaces, digital skills, and social/mobile/analytics/cloud skills. An additional 300,000 jobs will be in e-logistics, primarily delivery and last mile delivery. Popular roles include product management, marketing, supply chain management, and customer service. E-commerce companies are hiring at top B-schools and offering competitive salaries, with some delivery executive salaries above entry-level engineers. Overall, the e-commerce market is expected to add over 44,000 new jobs in 2019 and grow salaries as demand increases for talent.
In the last 12 years or so, many governments have launched modern identity management systems. These systems typi- cally integrate a set of advanced and complex technologies to provide identification and authentication capabilities. The major output of such systems is smart identity cards that bind the cardholders’ identities to their biographical data and one or more biometric characteristics. The field of government practice has been focusing on the enrolment capabilities and infrastructure rollout, with little focus on smart card applications in the public domain. This article attempts to ad- dress this area in the body of knowledge from a government view point. It explores card reader adoption opportunities in both the public and private sectors, and attempts to outline the United Arab Emirates’ (UAE’s) government’s plans to disseminate card readers and promote their adoption in government and various industrial groups in the country.
Market Research Report on An Exploratory and Descriptive Study of Online, Off...Surbhi Jindal
This document provides a case study analysis of Starbucks, a successful global coffee retailer. It discusses Starbucks' history and timeline from 1971 to 2009, including key acquisitions and expansions. It analyzes Starbucks' industry, core competencies, strategies, and SWOT. It finds that Starbucks' differentiation through premium products and customer experience has driven loyalty. It recommends Starbucks continue expanding internationally, especially in emerging markets, by tailoring its approach to local markets.
This document discusses smart cards and their potential role as enablers for electronic commerce in the United States. It defines what a smart card is and describes its key components and features. It then outlines five key business areas where smart cards can be used: as payment vehicles, for remote access, as information managers, as marketing tools, and as customized delivery systems. It provides examples of pilots and uses in different industries like banking, campus programs, telecom, pay-TV, government benefits, travel, and identification. Finally, it discusses standards and industry groups promoting smart card adoption in the US.
Liberalization, globalization and privatisation in India, since 1991 opened up new markets, new products and efficient delivery channels for the banking industry. The development and the increasing progress experienced in the Information and Communication Technology coupled with the expansion of the global economy paved the way for the transformation of the Indian banking from traditional trade financing to mobilizing and channelling financial resources more effectively in almost all facets of life. Intense competitive environment, changing business environments, globalization and the advancement of ICT are the important factors that have forced Banking and Financial services to change. Introduction of technology in banking sector has enabled customers to avail the banking services at anytime and anywhere in the form of ATM, Mobile banking, and Internet Banking. Banks today operate in a highly globalized, liberalized, privatized and a competitive environment. In order to survive in this environment banks have introduced electronic banking. With the use of technology there had been an increase in penetration, productivity and efficiency. It has not only increased the cost effectiveness but also has helped in making small value transactions viable. It also enhances choices, creates new markets, and improves productivity and efficiency. It has been noticed that financial markets have turned into a buyer‘s markets in India. Dr. Ajoy S Joseph | Mrs. Mallika "E Banking in India – A Study" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-4 , June 2021, URL: https://www.ijtsrd.compapers/ijtsrd42330.pdf Paper URL: https://www.ijtsrd.commanagement/other/42330/e-banking-in-india-–-a-study/dr-ajoy-s-joseph
The document provides an overview of the Indian smart card market. It discusses that the market has grown significantly in recent years and is expected to continue growing at a CAGR of around 12-24% until 2015. The telecom sector currently dominates usage, representing over 70% of volumes. However, sectors like banking, transportation, and government ID programs are expected to drive further growth in the smart card market in India. The market is also shifting towards contactless cards, though contact cards still dominate currently. Key opportunities for growth include various e-governance initiatives and modernization of transportation systems. Challenges include the need for infrastructure upgrades and lack of interoperability standards between programs.
1. The Indian e-commerce market is expected to exceed 100 billion USD by 2022, driven largely by over 150 million new online users from diverse demographic backgrounds.
2. Growth will come from increasing internet penetration and smartphone usage, a booming middle class, and e-commerce players innovating to meet the needs of new users.
3. The government is establishing e-commerce regulations and policies to support growth across segments like e-tail, travel, and financial services, enabling the industry to surpass 100 billion USD.
Newborn Town ‘Social + Games’ dual-wheel drive deep into markets overseasAda Zhang
1) Newborn Town is a leader in China's overseas social media market that has transitioned to a 'Social + Games' strategy. It completed this transformation in 2020 through acquiring controlling stakes in MICO, its flagship social media product.
2) In 2020, revenue surged 203% year-over-year and net profit rose 67% year-over-year as the company benefited from demand for MICO and diversifying its business model.
3) The company has four differentiated social media products - MICO, Yoho, Yiyo, and Yumy - targeting different user needs through localized operations and infrastructure in key markets like the Middle East and Southeast Asia. It also has potential for growth
The document discusses hiring trends in the e-commerce industry in India. It states that around 100,000 core technology jobs will focus on e-commerce technologies and skills like algorithms, interfaces, digital skills, and social/mobile/analytics/cloud skills. An additional 300,000 jobs will be in e-logistics, primarily delivery and last mile delivery. Popular roles include product management, marketing, supply chain management, and customer service. E-commerce companies are hiring at top B-schools and offering competitive salaries, with some delivery executive salaries above entry-level engineers. Overall, the e-commerce market is expected to add over 44,000 new jobs in 2019 and grow salaries as demand increases for talent.
In the last 12 years or so, many governments have launched modern identity management systems. These systems typi- cally integrate a set of advanced and complex technologies to provide identification and authentication capabilities. The major output of such systems is smart identity cards that bind the cardholders’ identities to their biographical data and one or more biometric characteristics. The field of government practice has been focusing on the enrolment capabilities and infrastructure rollout, with little focus on smart card applications in the public domain. This article attempts to ad- dress this area in the body of knowledge from a government view point. It explores card reader adoption opportunities in both the public and private sectors, and attempts to outline the United Arab Emirates’ (UAE’s) government’s plans to disseminate card readers and promote their adoption in government and various industrial groups in the country.
Market Research Report on An Exploratory and Descriptive Study of Online, Off...Surbhi Jindal
This document provides a case study analysis of Starbucks, a successful global coffee retailer. It discusses Starbucks' history and timeline from 1971 to 2009, including key acquisitions and expansions. It analyzes Starbucks' industry, core competencies, strategies, and SWOT. It finds that Starbucks' differentiation through premium products and customer experience has driven loyalty. It recommends Starbucks continue expanding internationally, especially in emerging markets, by tailoring its approach to local markets.
This document discusses smart cards and their potential role as enablers for electronic commerce in the United States. It defines what a smart card is and describes its key components and features. It then outlines five key business areas where smart cards can be used: as payment vehicles, for remote access, as information managers, as marketing tools, and as customized delivery systems. It provides examples of pilots and uses in different industries like banking, campus programs, telecom, pay-TV, government benefits, travel, and identification. Finally, it discusses standards and industry groups promoting smart card adoption in the US.
Liberalization, globalization and privatisation in India, since 1991 opened up new markets, new products and efficient delivery channels for the banking industry. The development and the increasing progress experienced in the Information and Communication Technology coupled with the expansion of the global economy paved the way for the transformation of the Indian banking from traditional trade financing to mobilizing and channelling financial resources more effectively in almost all facets of life. Intense competitive environment, changing business environments, globalization and the advancement of ICT are the important factors that have forced Banking and Financial services to change. Introduction of technology in banking sector has enabled customers to avail the banking services at anytime and anywhere in the form of ATM, Mobile banking, and Internet Banking. Banks today operate in a highly globalized, liberalized, privatized and a competitive environment. In order to survive in this environment banks have introduced electronic banking. With the use of technology there had been an increase in penetration, productivity and efficiency. It has not only increased the cost effectiveness but also has helped in making small value transactions viable. It also enhances choices, creates new markets, and improves productivity and efficiency. It has been noticed that financial markets have turned into a buyer‘s markets in India. Dr. Ajoy S Joseph | Mrs. Mallika "E Banking in India – A Study" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-4 , June 2021, URL: https://www.ijtsrd.compapers/ijtsrd42330.pdf Paper URL: https://www.ijtsrd.commanagement/other/42330/e-banking-in-india-–-a-study/dr-ajoy-s-joseph
1. Online skill-based real-money gaming market in India is estimated to grow to become ~$3.8 Bn1 by 2024 speed of growing smartphone penetration, low cost of data and vast digital payment infrastructure allowing individuals access to instant real-time inter-bank transactions.
2. Introduced to Indian market in early 2010 and pioneered by Dream11, Fantasy sports contributed ~ 30% of the RMG market in 2019. Fantasy sports market has witnessed exponential growth in recent years fuelled by increasing user base, high engagement and increasing investor interest and is expected to grow by ~60% till 2024.
3. Casual online real-gaming market contributed ~70% of the total RMG market in 2019. However, it is expected to grow relatively slower at ~35% when compared to fantasy sports.
4. Driven by high growth opportunity in RMG market, horizontal players have started foraying in the segment. In 2019, Paytm entered the casual gaming space with Paytm First Games.
Indian retail is expected to reach $990 billion by 2020, with organized retail making up only 16%. Online retail is growing and expected to reach 18% penetration in the next decade. However, offline retail will remain important due to preferences for instant ownership and trust in physical stores. Many customers now engage with both online and offline channels before purchasing. Retailers need to transition from single channel to multichannel and omnichannel approaches to integrate the customer experience across channels and realize full potential. Omnichannel provides benefits like acquiring new customers, delivering personalized experiences, offering consistent products, and providing a 360-degree view of customers. Some major Indian retailers like Adidas, Shoppers Stop, Soch, and Lensk
Demographics and socio-economic classes (across gender, rural/urban, income groups)
Type and nature of internet usage (content consumption, service transactions, product transactions, etc.)
Source: Cases study done by Google & its research partner
The document provides an overview of the e-commerce industry in India. Some key points:
- The Indian e-commerce market is expected to grow four-fold to $150 billion by 2022, supported by rising incomes and increased internet users.
- Internet users in India are projected to increase to 829 million by 2021 from 445.96 million in 2017.
- Online shoppers in India are expected to reach 220 million by 2025.
- Electronics currently dominates e-commerce retail sales, accounting for 48% of the market in 2018.
Ground Zero 4.0 | Scaling Up - Event ReportRedSeer
Executive Summary
The report is compiled of all the topics that were discussed at Ground Zero 4.0 and has been
segregated based on RedSeer’s research and panel inputs.
Key Findings:
1. Digital India
2. Retail
3. D2C
4. Education
5. Healthcare
6. Grocery
7. Etailing
This document discusses the re-emergence of e-commerce in India. It notes that e-commerce has grown 50% in the last 5 years, attracting venture capital investment. Online travel is the largest sub-sector and is expected to grow further. Online retail has also evolved significantly, driven by cash-on-delivery options. While e-commerce faces challenges like low broadband speeds and card penetration, growth in internet and mobile users is expected to continue driving the e-commerce sector in India.
The document discusses the growth of banking in India over the past decades, with the expansion of public and private sector banks as well as the introduction of new technologies like core banking solutions and internet banking. It then analyzes some of the challenges around further developing internet and mobile banking in India, such as understanding customer preferences and security risks. The document also examines the problems of cybercrime facing internet and mobile banking users and outlines topics for further research around these issues.
Challenges faced by E-commerce industry in indiaaryan bhat
The document discusses e-commerce and e-business models in India. It begins with definitions of e-commerce and e-business, noting that e-commerce involves online shopping while e-business also includes other online business activities. It then describes various business models for e-commerce like B2B, B2C, C2C etc. The document highlights India's growing e-commerce sector, with online shopping expected to reach $200 billion by 2026. It notes challenges facing e-commerce in India like infrastructure issues but also the opportunities presented by a large internet and smartphone using population.
The $500 Mn Potential Indian Smartphone Insurance Market, But Are The Custome...RedSeer
With a 1.3 billion population, India showcases a humongous
market for smartphones. On an average, an Indian spends
1/3 of their total awake time on their phones. Driven by rapid
digitization and expanding internet accessibility, smartphones
have become a necessity and have already landed in the
hands of 550 million Indians.
The Indian e-commerce industry is expected to grow significantly over the next decade due to several factors:
- Rising incomes and increased internet penetration are expected to support growth of the e-commerce market to $200 billion by 2026 from $38.5 billion in 2017.
- Internet users in India are projected to increase to 829 million by 2021 from 445.96 million in 2017, further fueling e-commerce growth.
- The government's 'Digital India' campaign aims to create a $1 trillion digital economy by 2025, which will majorly benefit the e-commerce sector.
- Online shoppers in India are projected to reach 220 million by 2025 from an estimated 120 million
The Indian e-commerce industry is growing rapidly and is expected to surpass the US to become the second largest e-commerce market globally by 2034. Some key points:
- The e-commerce market in India is expected to reach $200 billion by 2026 from $38.5 billion in 2017 growing at a CAGR of over 30%.
- Rising internet and smartphone penetration are driving growth with internet users in India projected to increase to over 829 million by 2021 from 446 million in 2017.
- Online retail is dominated by electronics but categories like apparel, FMCG and furniture are gaining share. Online shoppers are expected to reach 220 million by 2025.
- The
An estimated 96 Mn Indian users are forecast to pay
for games in 2021. Paid gamers are forecast to reach
~240 Mn (3x) in the next 5 years. Survey results show that up to 50% of new midcore and hardcore game users pay $7-$14 per month.
China ic card smart card industry report, 2010ResearchInChina
This document analyzes the global and Chinese IC card market in 2010. It discusses key players in the IC card chip and manufacturing industries in China. In 2010, China's IC card sales volume reached 2.135 billion pieces and revenue reached RMB8.1 billion, up 8.4% and 13% respectively from the previous year. Major Chinese IC card manufacturers included Watch Data, Gemalto, Eastcompeace Smart Card Co., and Hengbao. The document also outlines the IC card markets in telecommunications, finance, transportation, and government sectors.
The document provides an overview of the e-commerce industry in India. It discusses key growth drivers and opportunities for the industry. Some of the main points include:
- The Indian e-commerce market is expected to grow significantly from $38.5 billion in 2017 to $200 billion by 2026, driven by rising incomes, growing internet penetration, and increasing online shoppers.
- Internet users in India are projected to increase from 445 million in 2017 to 829 million by 2021, fueling more e-commerce activity. Online retail is also expanding beyond major cities into tier-2 and tier-3 areas.
- Electronics currently dominates e-commerce sales but categories like apparel, home/furn
This document provides an overview of the Indian e-commerce industry in December 2014. It discusses key trends in online classifieds, including strong growth in online recruitment and matrimonial sites. Statistics on internet and smartphone penetration in India are presented. The product scan section analyzes the e-tailing sector, which is dominated by electronics and apparel and grew at a CAGR of 55% from 2009 to 2013. Major players in the Indian e-commerce space are also mentioned.
Brunswick ISMEA Quarterly Newsletter - May 2017 Brunswick Group
The document discusses various topics related to financial technology (FinTech) across different regions including India, Singapore, and the Middle East. In India, the transition towards a less cash economy has opened opportunities for FinTech companies and startups, while also necessitating greater collaboration between new and traditional financial players. RegTech is emerging in Singapore to help automate regulatory compliance. In the Middle East, financial centers like Dubai and Abu Dhabi are establishing FinTech hubs and accelerators to attract startups and develop links to other regions like Asia.
Disruption in the Retail Industry Through the Lens of B2B Retail Tech StartupsYogananth Gopalakrishnan
When every Startup innovation claims to be disruptive, disruptive loses its meaning. Most of what is claimed to be disruptive is really just an incremental innovation with a large dose of hubris.
Pic Courtesy: Boston Consulting Group [BCG]
Term paper on role of e commerce in indiaSubhadeep Roy
E-commerce in India has grown rapidly in recent years and is expected to continue growing significantly. E-commerce revenue in India is projected to increase from $30 billion in 2016 to $120 billion by 2020, representing the highest annual growth rate in the world. Key drivers of growth include rising internet and smartphone penetration, a young demographic, and increasing adoption of online shopping. Several industries are also being impacted, including technology, logistics, travel, and retail. The rapid growth of the e-commerce sector is expected to further transform the Indian economy and drive innovation across many industries.
This document provides insights into the growing e-commerce market in India:
- E-commerce in India has grown significantly since 2009 as the number of internet users has risen dramatically from 5 million in 2000 to 100 million in 2011.
- Online shopping sites see around 14 million visitors regularly, though conversion rates remain low in some sectors.
- Usage of social media, online travel sites, and apps is also increasing rapidly in India, indicating strong growth potential for e-commerce.
The document summarizes Frost & Sullivan's smart card research offerings, including a 2010 global research plan covering various smart card applications and industries. It also lists available research reports from 2009-2010 and outlines Frost & Sullivan's consulting capabilities for developing smart card business cases and strategies. Key smart card segments discussed include financial services, government ID, healthcare, and telecom applications using SIM cards.
The future of E-commerce in India and it's key driversKantinath Banerjee
In this article i am discussing about the near future of Indian E-commerce industry and the certain changes that are on the cards.#Internet #onlinemarketing #digitalmarketing #onlineadvertising #socialmedia #clickandbrick #onlineretail #flipkart #google #paidadvertising
1. Online skill-based real-money gaming market in India is estimated to grow to become ~$3.8 Bn1 by 2024 speed of growing smartphone penetration, low cost of data and vast digital payment infrastructure allowing individuals access to instant real-time inter-bank transactions.
2. Introduced to Indian market in early 2010 and pioneered by Dream11, Fantasy sports contributed ~ 30% of the RMG market in 2019. Fantasy sports market has witnessed exponential growth in recent years fuelled by increasing user base, high engagement and increasing investor interest and is expected to grow by ~60% till 2024.
3. Casual online real-gaming market contributed ~70% of the total RMG market in 2019. However, it is expected to grow relatively slower at ~35% when compared to fantasy sports.
4. Driven by high growth opportunity in RMG market, horizontal players have started foraying in the segment. In 2019, Paytm entered the casual gaming space with Paytm First Games.
Indian retail is expected to reach $990 billion by 2020, with organized retail making up only 16%. Online retail is growing and expected to reach 18% penetration in the next decade. However, offline retail will remain important due to preferences for instant ownership and trust in physical stores. Many customers now engage with both online and offline channels before purchasing. Retailers need to transition from single channel to multichannel and omnichannel approaches to integrate the customer experience across channels and realize full potential. Omnichannel provides benefits like acquiring new customers, delivering personalized experiences, offering consistent products, and providing a 360-degree view of customers. Some major Indian retailers like Adidas, Shoppers Stop, Soch, and Lensk
Demographics and socio-economic classes (across gender, rural/urban, income groups)
Type and nature of internet usage (content consumption, service transactions, product transactions, etc.)
Source: Cases study done by Google & its research partner
The document provides an overview of the e-commerce industry in India. Some key points:
- The Indian e-commerce market is expected to grow four-fold to $150 billion by 2022, supported by rising incomes and increased internet users.
- Internet users in India are projected to increase to 829 million by 2021 from 445.96 million in 2017.
- Online shoppers in India are expected to reach 220 million by 2025.
- Electronics currently dominates e-commerce retail sales, accounting for 48% of the market in 2018.
Ground Zero 4.0 | Scaling Up - Event ReportRedSeer
Executive Summary
The report is compiled of all the topics that were discussed at Ground Zero 4.0 and has been
segregated based on RedSeer’s research and panel inputs.
Key Findings:
1. Digital India
2. Retail
3. D2C
4. Education
5. Healthcare
6. Grocery
7. Etailing
This document discusses the re-emergence of e-commerce in India. It notes that e-commerce has grown 50% in the last 5 years, attracting venture capital investment. Online travel is the largest sub-sector and is expected to grow further. Online retail has also evolved significantly, driven by cash-on-delivery options. While e-commerce faces challenges like low broadband speeds and card penetration, growth in internet and mobile users is expected to continue driving the e-commerce sector in India.
The document discusses the growth of banking in India over the past decades, with the expansion of public and private sector banks as well as the introduction of new technologies like core banking solutions and internet banking. It then analyzes some of the challenges around further developing internet and mobile banking in India, such as understanding customer preferences and security risks. The document also examines the problems of cybercrime facing internet and mobile banking users and outlines topics for further research around these issues.
Challenges faced by E-commerce industry in indiaaryan bhat
The document discusses e-commerce and e-business models in India. It begins with definitions of e-commerce and e-business, noting that e-commerce involves online shopping while e-business also includes other online business activities. It then describes various business models for e-commerce like B2B, B2C, C2C etc. The document highlights India's growing e-commerce sector, with online shopping expected to reach $200 billion by 2026. It notes challenges facing e-commerce in India like infrastructure issues but also the opportunities presented by a large internet and smartphone using population.
The $500 Mn Potential Indian Smartphone Insurance Market, But Are The Custome...RedSeer
With a 1.3 billion population, India showcases a humongous
market for smartphones. On an average, an Indian spends
1/3 of their total awake time on their phones. Driven by rapid
digitization and expanding internet accessibility, smartphones
have become a necessity and have already landed in the
hands of 550 million Indians.
The Indian e-commerce industry is expected to grow significantly over the next decade due to several factors:
- Rising incomes and increased internet penetration are expected to support growth of the e-commerce market to $200 billion by 2026 from $38.5 billion in 2017.
- Internet users in India are projected to increase to 829 million by 2021 from 445.96 million in 2017, further fueling e-commerce growth.
- The government's 'Digital India' campaign aims to create a $1 trillion digital economy by 2025, which will majorly benefit the e-commerce sector.
- Online shoppers in India are projected to reach 220 million by 2025 from an estimated 120 million
The Indian e-commerce industry is growing rapidly and is expected to surpass the US to become the second largest e-commerce market globally by 2034. Some key points:
- The e-commerce market in India is expected to reach $200 billion by 2026 from $38.5 billion in 2017 growing at a CAGR of over 30%.
- Rising internet and smartphone penetration are driving growth with internet users in India projected to increase to over 829 million by 2021 from 446 million in 2017.
- Online retail is dominated by electronics but categories like apparel, FMCG and furniture are gaining share. Online shoppers are expected to reach 220 million by 2025.
- The
An estimated 96 Mn Indian users are forecast to pay
for games in 2021. Paid gamers are forecast to reach
~240 Mn (3x) in the next 5 years. Survey results show that up to 50% of new midcore and hardcore game users pay $7-$14 per month.
China ic card smart card industry report, 2010ResearchInChina
This document analyzes the global and Chinese IC card market in 2010. It discusses key players in the IC card chip and manufacturing industries in China. In 2010, China's IC card sales volume reached 2.135 billion pieces and revenue reached RMB8.1 billion, up 8.4% and 13% respectively from the previous year. Major Chinese IC card manufacturers included Watch Data, Gemalto, Eastcompeace Smart Card Co., and Hengbao. The document also outlines the IC card markets in telecommunications, finance, transportation, and government sectors.
The document provides an overview of the e-commerce industry in India. It discusses key growth drivers and opportunities for the industry. Some of the main points include:
- The Indian e-commerce market is expected to grow significantly from $38.5 billion in 2017 to $200 billion by 2026, driven by rising incomes, growing internet penetration, and increasing online shoppers.
- Internet users in India are projected to increase from 445 million in 2017 to 829 million by 2021, fueling more e-commerce activity. Online retail is also expanding beyond major cities into tier-2 and tier-3 areas.
- Electronics currently dominates e-commerce sales but categories like apparel, home/furn
This document provides an overview of the Indian e-commerce industry in December 2014. It discusses key trends in online classifieds, including strong growth in online recruitment and matrimonial sites. Statistics on internet and smartphone penetration in India are presented. The product scan section analyzes the e-tailing sector, which is dominated by electronics and apparel and grew at a CAGR of 55% from 2009 to 2013. Major players in the Indian e-commerce space are also mentioned.
Brunswick ISMEA Quarterly Newsletter - May 2017 Brunswick Group
The document discusses various topics related to financial technology (FinTech) across different regions including India, Singapore, and the Middle East. In India, the transition towards a less cash economy has opened opportunities for FinTech companies and startups, while also necessitating greater collaboration between new and traditional financial players. RegTech is emerging in Singapore to help automate regulatory compliance. In the Middle East, financial centers like Dubai and Abu Dhabi are establishing FinTech hubs and accelerators to attract startups and develop links to other regions like Asia.
Disruption in the Retail Industry Through the Lens of B2B Retail Tech StartupsYogananth Gopalakrishnan
When every Startup innovation claims to be disruptive, disruptive loses its meaning. Most of what is claimed to be disruptive is really just an incremental innovation with a large dose of hubris.
Pic Courtesy: Boston Consulting Group [BCG]
Term paper on role of e commerce in indiaSubhadeep Roy
E-commerce in India has grown rapidly in recent years and is expected to continue growing significantly. E-commerce revenue in India is projected to increase from $30 billion in 2016 to $120 billion by 2020, representing the highest annual growth rate in the world. Key drivers of growth include rising internet and smartphone penetration, a young demographic, and increasing adoption of online shopping. Several industries are also being impacted, including technology, logistics, travel, and retail. The rapid growth of the e-commerce sector is expected to further transform the Indian economy and drive innovation across many industries.
This document provides insights into the growing e-commerce market in India:
- E-commerce in India has grown significantly since 2009 as the number of internet users has risen dramatically from 5 million in 2000 to 100 million in 2011.
- Online shopping sites see around 14 million visitors regularly, though conversion rates remain low in some sectors.
- Usage of social media, online travel sites, and apps is also increasing rapidly in India, indicating strong growth potential for e-commerce.
The document summarizes Frost & Sullivan's smart card research offerings, including a 2010 global research plan covering various smart card applications and industries. It also lists available research reports from 2009-2010 and outlines Frost & Sullivan's consulting capabilities for developing smart card business cases and strategies. Key smart card segments discussed include financial services, government ID, healthcare, and telecom applications using SIM cards.
The future of E-commerce in India and it's key driversKantinath Banerjee
In this article i am discussing about the near future of Indian E-commerce industry and the certain changes that are on the cards.#Internet #onlinemarketing #digitalmarketing #onlineadvertising #socialmedia #clickandbrick #onlineretail #flipkart #google #paidadvertising
The document discusses India's Digital India program which aims to transform India into a digitally empowered society. It outlines the 9 pillars of Digital India including digital infrastructure, digital services, digital literacy and cyber security. It also discusses how digitalization is changing businesses in India, with growth in digital advertising, payments, travel booking, e-services and e-health. While opportunities exist in training rural workers and expanding broadband access, challenges remain around cyber security threats, illiteracy and ensuring universal access to phones and public internet.
India Payment Market, Size, Share, Growth, Key PlayersRenub Research
India Payment Market size is envisioned to attain US$ 8,137.3 Billion by 2028. The virtual fee panorama in India has passed through an enormous transformation, indicating the profound effect it will have on the populace. This shift signifies that a majority of Indians in 2022 belong to a technology that is tremendously talented or exposed to era. Tech-savvy generation has a greater reliance on superior, automated, quicker, and extra efficient technology and offerings. Consequently, there may be a rapid growth inside the demand for India payment marketplace within the coming years.
Smart Cards Market Insights: Industry Report 2023-2033techtomorrow570
Smart cards, equipped with integrated circuits, offer enhanced security features and can store large amounts of data, making them ideal for various applications such as banking, telecommunications, healthcare, transportation, and government services. These cards come in various forms, including contact, contactless, and dual-interface cards, catering to diverse user requirements.
Smart Card IC Market PPT: Demand, Trends and Business Opportunities 2023-28IMARC Group
The global smart card IC market size reached US$ 2.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028.
More info:- https://www.imarcgroup.com/smart-card-ic-market
1) Electronic payments in India have grown significantly in recent years, with transactions growing 26.8% from fiscal year 2011 to 2012. Debit cards are the most common card used, with over 102 million in circulation.
2) Mobile banking is also growing rapidly, enabled by India's large mobile phone subscriber base. Services include SMS, IVR, mobile apps, and WAP-based access to bank accounts.
3) The Indian electronic payments market is projected to more than double in size from 2011 to 2012, indicating continued rapid growth in digital payments and reduced reliance on cash.
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The document summarizes recent trends in India's e-commerce sector. Key trends include major players expanding ancillary services like training programs and product categories. E-commerce giants are also expanding into new areas through acquisitions and partnerships. The government is supporting industry growth through new e-commerce initiatives promoting sectors like artisans and local manufacturing. Overall the document outlines how major policy moves and strategies by industry players are fueling growth in India's booming e-commerce market.
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The Indian e-commerce industry is expected to grow significantly over the next decade due to several factors:
- Rising internet and smartphone penetration in India is increasing the potential customer base for e-commerce. Internet users in India are expected to grow to over 800 million by 2021.
- Growing incomes and consumer wealth in India are driving greater spending on online retail. E-commerce revenue is expected to jump from $39 billion in 2017 to $120 billion by 2020.
- Government initiatives like Digital India are aimed at creating a trillion dollar digital economy by 2025, further supporting the growth of the e-commerce sector.
- The pandemic has accelerated the shift to online shopping, as more customers adopt e-
- The Indian e-commerce market is expected to grow significantly from $38.5 billion in 2017 to $200 billion by 2026, surpassing the US.
- Rising internet penetration in India is a major growth driver, with internet users expected to reach 829 million by 2021.
- The online retail market is dominated by electronics and apparel, though other categories are growing. Tier 2 and 3 cities are becoming increasingly important markets.
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Organized by Knowledge Partner provides strategic consulting services and actionable insights to companies across industries such as food and healthcare. It has well equipped offices in India and Dubai, and is present in 20 countries and 5 Indian cities through channel partners. The food processing industry in India is growing significantly and is expected to double over the next 10 years. Chhattisgarh is a major producer of crops like rice, fruits, and vegetables in India. There is significant potential to increase food processing in the state by establishing facilities to process crops like bananas, mangoes, papayas, and guavas. The state also needs to improve its cold storage infrastructure and support new entrepreneurs in the food processing sector.
This document contains messages from government officials in Chhattisgarh promoting investment opportunities in the food processing sector in the state. It highlights Chhattisgarh's natural resources and potential to become a major hub for food processing. PHD Chamber of Commerce and Industry is organizing an event in New Delhi to showcase investment opportunities in Chhattisgarh's agro and food processing industries to potential investors. The Chief Minister and other officials express support for the event and hope it will facilitate business linkages and investments beneficial to both investors and the state.
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- India's food processing industry is growing at 12% annually and is expected to exceed INR 16,500 billion by 2020 due to rising incomes, urbanization, and demand for nutritional and convenient foods.
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- PHD Chamber of Commerce and Industry is organizing a conference on July 3rd, 2015 in Indore, Madhya Pradesh to promote investment opportunities in the state's food processing sector and facilitate capacity building.
- The document provides information about Knowledge Partner, an organization that provides services to companies for business expansion across various industries like food and healthcare.
- It discusses the food processing industry in India and Madhya Pradesh, highlighting growth opportunities in segments like fruit juices, tomato ketchup, soybean oil, value added dairy, and ready-to-eat/cook foods.
- Key points about Madhya Pradesh include its large agricultural output and potential for food processing, especially in and around existing and planned food parks located near major production regions.
This document provides information about a company that offers consulting services to help other companies expand their business globally. It has over 35 employees and 15 freelancers with industry experience. It has offices in India and Dubai, and partners in 20 countries and 5 Indian cities. The company provides services such as market assessments, market entry strategies, distributor network setup, and business setup support for startups. It serves companies across industries such as healthcare, energy, and retail.
India and Africa represent a significant trade opportunity as Africa has abundant natural resources and a growing middle class population, indicating future economic expansion. Bilateral trade between India and Africa reached $67.84 billion in 2013-2014 and is growing at around 15% annually. Key sectors for growth include healthcare, education, infrastructure, and manufacturing. India's expertise in these sectors combined with Africa's needs present opportunities to strengthen economic cooperation between the two regions.
This document summarizes an organization that provides business consulting services and has a presence in India, Dubai and 20 other countries. It has a team of over 35 employees and 15 freelancers with experience across industries like healthcare, energy and retail. The document then discusses the Indian healthcare sector and issues like low spending, shortage of facilities and professionals. It provides examples of public-private partnership models in healthcare and case studies of successful PPP projects in Indian states like Andhra Pradesh, Karnataka and Uttarakhand that improved access to services. Challenges in PPPs and recommendations for the road ahead are also highlighted.
The document discusses public-private partnerships (PPPs) in healthcare in India. It defines a PPP in healthcare as a legal arrangement between the government and private sector aimed at health promotion. The key principles of a PPP include complexity, coordination, financing through the private entity, legal agreements, and mutual benefit. PPPs allow organizations to achieve goals using less investment, expand private sector markets, supplement public funding with private capital, and capitalize on both partners' expertise. However, PPPs also face challenges like complexity, debt accumulation, lack of competition, and cultural differences between sectors. Overall, PPPs are presented as a model that can draw on the strengths of both the public and private sectors for more effective
The document discusses a summit on food processing, agribusiness, and dairy (FAD) industries in India. It notes that these industries significantly contribute to India's GDP and hold great importance. The summit aims to explore global business opportunities and innovative technologies to uplift the sectors. It also focuses on issues like food safety standards to help the sectors compete internationally. The summit brings together stakeholders from government organizations and states to discuss opportunities in the FAD industries and help add momentum to their growth in India.
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The document summarizes recent trends in the Indian cement industry. It notes that mergers and acquisitions have increased as companies consolidate in response to low utilization rates and weak demand. Cement companies are also expanding production capacity to meet expected growth in infrastructure development. The southern region of India is seeing higher cement demand driven by construction activity. However, rising input and freight costs have put pressure on cement prices.
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This document summarizes a white paper on the Indian electronic health record industry. It describes the industry's strong growth as India transitions from paper to digital health records. While digital health records are established in countries like the UK and US, India began adopting electronic medical record software around 2008. The government is also promoting standards for electronic health records and unique patient identifiers. However, the market faces challenges like a lack of education and high costs that have limited adoption. Early companies in the industry are focusing on raising awareness and finding a sustainable business model to tap the evolving needs of consumers in India.
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Indian Smart Card Market - Dec'13
1. Indian Smart Card Market
Indian Smart Card
Market
All rights reserved. This publication
is protected by copyright. No part
of it may be reproduced, stored in
a retrieval system or transmitted, in
any form or by any means, electronic
mechanical, photocopying, recording
or otherwise without the prior written
permission of the publisher.
2. Indian Smart Card Market
The market for smart cards is experiencing signifi-
cant growth with the recognition that the technol-
ogy provides a platform to package products and
services that meet the needs of individual
customers.
The Global Smart Card Market had 6.2 Billion
smart cards shipped in 2011 reaching US$ 4.7 Bil-
lion and in 2012, the number of smart card units
shipped estimated to reach around 6.8 Billion
Units and in value terms it is estimated to be US$
5.1 Billion.
Further, the telecommunication segment lead with
around US$ 4.7 Billion in 2011, expected to rise to
about US$ 5.1 Billion in 2012 further to jump to
US$ 7.3 Billion by 2017 thus growing at a CAGR
of 7.4% globally.
As of now, smart cards are used for a wide range
of applications in India across government,
telecommuniction, Natinal Population Register,
Public Distribution System, Pay TV, Loyalty Cards,
Financial Services, Travel Identity, Automated fare
collection, Healthcare etc.
Market Overview
8.60
6.80
6.20
5.46
5.20
2009
2010e
2011e
2012e
2013e
Telecom
Banking Retail
Governmant ID Healthcare
Others
75%
17%
4%
4%
Figure-2: Global Smart Device Shipment- By Sector
(Million Units), 2011
Figure-1: Global- Smart Card Shipments (Billion
Units), 2009- 2013
Source: Eurosmart
Note: Data is estimated
Source: BCC Research,
Euromonitor
3. Indian Smart Card Market
The explosive growth in the cell phone market
in India and China, has resulted in tremendous
growth in the smart card market. Further, the wid-
ened 3G and 4G penetration has also enhanced
the demand for these cards.
Worldwide EMV and Dynamic Data
Authentication(DDA) migration benefit is been
witnessed from strong growth in Latin America
and Asia. Also, Strong dual contact and contact-
less cards growth are expected in the coming
years.
There would be an expected deployment of
migration to new, more secure documentation
with an increased emphasis on integrating ID and
healthcare solutions with contact and contactless
smart technology.
The Indian smart card market shipped 38.96
Million Units of smart cards in CY Q1, 2013. The
Market accounted for INR 31.03 Billion in 2011
and is estimated to be around INR 37.24 Billion in
2012.
4000
4500
3400
3200
2008 2009 2010e 2011e
Figure-3: Global Smart Card Sales - Telecom
(Million Units), 2008-2011
Source: Eurosmart
1010
880
750
650
2008
2009
2010e
2011e
Figure-4: Global Smart Card Sales - Banking &
Retail Sector (Million Units), 2008-2011
Source: Eurosmart
1010
880
750
650
2008 2009 2010e 2011e
Figure-5: Global Smart Card Sales - Government &
healthcare Million Units), 2008-2011
Source: Eurosmart
4. Indian Smart Card Market
Thus, the smart card market was anticipated to
grow at CAGR of around 24% during the period
of 2009- 2013.
Over the years the Telecommunication applica-
tions has ruled the India smart cards market,
wherein these cards are used majorly as SIM cards
in mobile phones. The telecom sector, represented
the biggest application sector in 2012, accounting
for more than 70% of the total market volumes.
Some of the globally recognised card manufactur-
ers who dominate the Indian market are Schlum-
berger, Gemalto, G&D, Obethur, VCT and Orga.
Among the major systems integrators are Shonkh,
Rolta, Smartchip, CMS, Siemens (SISI), CA Satyam
and E-Cube.Further, the suppliers within the indus-
try are essentially semiconductor manufacturers
like Infineon, STMicroelectronics, Atmel, Philips,
Siemens Semiconductor, etc.
1354
1180
1000
812
561
2009
2010e
2011e
2012e
2013e
Figure-2: India- Smart Card Shipments
(Million Units), 2009- 2013
Source:RNCOS
5. Indian Smart Card Market
Market Size and Growth
Globally, the smart card market stood at 6.8 Billion
Units in 2012 and is expected to reach 11.1 Billion
in 2017 and thus is anticipated to grow at a CAGR
of around 10% during the period of 2012- 2017.
The Indian Smart Card Market is expected to reach
around INR 52.76 Billion by the end of 2015, an in-
crease of about INR 21.73 Billion from the revenues
in 2011.Thus, the Smart Card Market is anticipated
to grow at a CAGR of around 12.31% during the
period of 2012- 2015.
During the coming years, smart cards are expected
to percolate more into a number of other sectors
such as credit/debit cards, financial inclusion, public
distribution, healthcare, identity management,
transportation, etc.
Further, the National Population Register,
which is expected to represent the biggest
application segment in 2018, is expected to
account for less than 31% of the total market
volumes by 2018.
New and attractive growth prospects are
being witnessed due to EMV ( Euro Pay,
Master Card and VISA) migration, Long Term
Evolution(LTE) deployment and government
support. Moreover the entry of innovative
smart card devices in the market will further
strengten the overall industry in the long run.
6.8
2012e 2017f
11.1
CAGR 10%
Figure-7: Global – Smart Card Market
(Billion Units), 2012 & 2017
Source: BCC Research
37
2012e 2015f
52.76
CAGR 12.31%
Figure-8: India – Smart Card Market
(Billion INR), 2012 & 2015
Source: Cybermedia Research
6. Indian Smart Card Market
Market by Category
The cards in use essentially fall under three cat-
egories – contact, contactless and hybrid smart
cards. Traditionally, contact smart cards have
played a crucial role in defining the growth of the
market. But in the coming years, a major shift is
expected towards contactless and hybrid smart
cards.
The India Smart Card market is lead by the Con-
tact Smart Cards, which has also captured more
than 90% of the total market share for the CY Q2
2013.Hybrid Smart Cards hold around 5% market
share of the Total Units Shipped.
The dominance of contact smart card is primarily
on account of telecommunication, broadcasting
and banking vertical. Telecommunication sec-
tor has shipped more than 75% of the Total Unit
Shipments of Contact Smart Cards for the India
Smart Card Market in CY Q2 2013.
Hybrid cards lead the smard card category after
the contact smart card market with around 5%
share in the market.
And the trend of increasing demand of contactless
smart card is mainly being fuelled by Near Field
Communication(NFC), mass transit projects and
e-passports.
Further,on the application front, financial service
sector is the key user of contactless smart cards
and e-passports and other identification applica-
tions holds the prominent position in the govern-
ment sector.
Further, it is also expected that microproces-
sor based smart cards will continue to dominate
the smart card shipments, as compared to the
memory chip based smart cards. The microproces-
sor segment has accounted for shipments of 4.5
Billion smart cards in 2009, which was 86.5% of
the overall shipments (5.2 Billion) of smart cards.
Figure-7: Global – Smart Card Market
(Billion Units), 2012 & 2017
Contact
Contactless
Hybird
95%
5%
1%
Source: 6wresearch
7. Indian Smart Card Market
The changing global scenario is expected to turn out to be one of the key drivers behind the rising
demand for smart cards. The Telecom Market in India is already booming with the 3G spectrum building
up, there will be yet more expansion with the enhanced adoption of 4G network. Further, the penetra-
tion of mobile phones in rural areas in turn increasing the demand for SIM cards would also result in
growth in the telecom sector.
Banking is another sector where the demand for smart cards is rising as smartcards are slowly changing
over from being made of magnetic strip cards. Thus, this vertical is also expected to witness a growth in
smart card adoption in the years to come.
Further, ID verification is another field that will experience a growth in the demand for smart cards. With
the aim to secure and safeguard identities against theft, this vertical will receive special attention.
For instance, the Delhi Metro Railway Corporation (DMRC) has been using the technology extensively.
The demand rose from 0.45 Million to 1.32 Million from the first year of implementing the technology,
growing to 2.1 Million. There has been almost a fivefold increase in demand within a span of just three
years.
As per the government’s guidelines, all states and union territories will have to compulsorily start issuing
smart cards for all driving licenses (DL) and registration certificates (RC). Thus, Upgrading DL and RC
books from paper to smart cards is going to result in high volumes.
Also, in the current manufacturing scenario, 50% of the smart cards are still being imported. But with
the number of players setting up new facilities in India, more than 70-80% of manufacturing is expect-
ed to be done locally in future.
Future Outlook
8. Indian Smart Card Market
Opportunities & Challenges
Opportunities
• E- Governance Initiatives to Create Huge demand in Public Sector
E- Governance projects such as National Population Register Project, Mahatma Gandhi
National Rural Employment Guarantee Act (MNREGA), Rashtriya Swasthya Bima Yojna, Ex
Serviceman Healthcare Service (ECHS), Driver License, Ration Cards, Passports, PAN cards
etc. are expected to be deployed on a large scale by the Government. Thus, would create
a huge demand in the Smart Card Market.
• Modernization of Public transport systems in expanding smart card usage
For instance, Kerala State ‘City on Wheels’ implemented jointly by Technovia Info Solu-
tions and Kerala Bus Transport Association( KBTA) is a project through which passengers
can pay their tickets by swaping a smart card.
• Demand for plastic money
Spending through debit or ATM cards has increased by 45% year-on-year during 2011-
12. Further, the shift towards the VISA international Cards from the debit cards in the
banking and finance sector is also supporting the smart card market in India.
9. Indian Smart Card Market
Challenges
• Implementing Smart Card System requires Substantial Infrastructure
Investments.
For instance, Only 50% of the current ATMs are with nominal s/w and h/w upgrades
which can accept EMV chip cards, remaininmg h/w require significant upgrade, for exam-
ple, back-end systems and point-of-sale terminals or even replacement.Thus implementa-
tion of EMV based bank cards are further low.
• Declining prices of the smart cards
Firstly, costs of smart cards are declining as production volumes rise. Further, prices are
also affected due to the considerable drop in the prices of chips used in it.
• Bureaucratic Delays
For instance, a number of government projects such as the UID, E-passports, EPFO, etc
have been delayed or cancelled due to problems like lack of funds, technical issues, legal
wrangling, etc.
• Lack of standards to ensure interoperability among varying smart card
programs
Mobile service providers, transport operators and banking systems etc need to converge
their efforts regardless of their different business objectives i.e market must be stable and
based on proven and trusted standards.
• Limited Awareness and resistance to technological changes.
10. Indian Smart Card Market
Recent News
June 08, 2012, The Kolkata Metro announced to install automatic smart card recharging
machines across all its 23 station after the success of the automatic smart card recharging
machine at the Park street Metro station.
August 05, 2013, Maharashtra state government has decided to start the smart card system
for automated toll collection at all major booths in the state. Also, planning to introduce
prepaid RFID-based cards that can be fixed on windshield of vehicles. This will ensure vehicles
drive through a dedicated lane at toll booths without stopping.
September 02, 2012, Passengers will soon be able to use smart cards for buying train tickets
on the busy Delhi-Howrah and Delhi-Mumbai routes. The smart card, called Go-India card,
can be used for booking tickets for long distance and sub-urban trains on Delhi-Mumbai and
Delhi-Horwah routes.
October 13, 2012, Oil marketing companies are planning to introduce smart cards for cooking
gas customers in a move to keep tabs on consumption. Following the decision of the Petro-
leum Ministry to cap the number of subsidised gas cylinders to six per household a year, oil
marketing companies BPCL, HPCL and IOC are thus evaluating the prospects of introducing
the smart cards.
11. Indian Smart Card Market
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