Category Archives: BFSI

A growing number of smartphone users coupled with attractive discount offers and rising disposable income to drive the mobile wallet market in India through 2021. According to TechSci Research report, “India Mobile Wallet Market By Application, By End User, Competition Forecast & Opportunities, 2012 – 2021”, the mobile wallet market in India is projected to exhibit a CAGR of over 50% during 2016-2021,… Read More »

India Consumer Finance Market is projected to post robust growth by 2024, owing to factors such as increasing per capita income, high economic growth, rapid urbanization, and a rise in consumer spending power. Growing consumer preference towards the use of credit cards owing to the associated benefits related to it such as reward points and a… Read More »

Coupled with the increasing participation of women and expatriates, the rising population, increasing standard of living, and surging demand for luxurious products drive Saudi Arabia’s consumer finance market through 2022. According to a TechSci Research report, “Saudi Arabia Consumer Finance Market By Type, Competition Forecast & Opportunities, 2012-2022”,Saudi Arabia consumer finance market is projected to grow to $344… Read More »

India Digital Banking Market is expected to grow at a CAGR of over 22% during 2019-2024 owing to growing technological advancements, increasing internet penetration, and a growing number of smartphone users in India. Digital banking has made banking faster, easier, more convenient, and more efficient which drives the growth of the digital banking market in the… Read More »

India Insurance Market is expected to witness robust growth by 2024 owing to growing awareness among the population regarding the benefits of insurance either life insurance or general insurance. India consists of more than 55 insurance companies including life insurance and general insurance companies. India’s insurance industry has seen fast development amid the most recent decade… Read More »

India Banking Market is projected to grow at a double-digit CAGR during 2019-2024 owing to rising disposable income, the growing digital payment system in the country, growing bank branch networks, and the entrance of foreign banks into the Indian market. Based on bank type, the market has been segmented into the Public and Private Sectors. The… Read More »

India Real Time Payment Market is projected to witness robust growth by 2024, owing to increasing online payments and digital transactions in the country. Growing consumer preference for digital payments that are fast, secure, and reliable as compared to other modes of payment are expected to drive the growth of the Real-Time Payment market in India… Read More »

Lower transaction time, higher operational efficiency, and growing government initiatives for digital payments to increase deployment of contactless payment solutions across the globe through 2022. According to TechSci Research report, “Global Contactless Payment Market By Device Type, By Component, By Solution, By End User, By Region, Competition Forecast and Opportunities, 2012-2022”, the global contactless payment market is… Read More »

Growing government focus on Vision 2030, rising adoption of scalable accounting services, and surging need for effective tax planning to drive Saudi Arabia accounting services market through 2023. According to the TechSci Research report, “Saudi Arabia Accounting Services Market By Type of Services, Competition Forecast & Opportunities, 2013 – 2023’’, accounting services market in Saudi Arabia… Read More »

The global Digital Payment Market size is predicted to reach USD 87 billion by 2024, growing at a CAGR of over 15% during the forecast period. The growing usage of smartphones, various initiatives taken to promote digital payment, and the growing e-commerce industry are the major drivers of the global digital payment market. In terms… Read More »