Tag Archives: Market

Chinese Credit Card Market Set For Phenomenal Growth

According to our research report “China Credit Card Market Outlook to 2014”, credit card market has been one of the fastest growing markets in the region for the past few years driven by robust economic growth, rising income levels, growing middle class population, and most importantly government’s initiatives to allow issuance of credit cards to increase the level of consumer credit in the country. Moreover, it is expected that the Chinese credit card market will reach 630 Million by 2014, growing at a CAGR of around 31% during 2011-2014.

Ongoing research found that, the strong growth in credit card issuance has been marked by a big push from the domestic banks, such as Industrial and Commercial Bank of China, Bank of China, China Construction Bank, China Merchants Bank, and Bank of Communications to gain a leading position in the credit card market. They have been considerably spending on infrastructure and marketing.

The report outlines that, the increasing usage of Internet media (particularly for online shopping) has emerged as one of the recent trends propelling growth in the usage of credit cards across the country. Besides, the country continues to experience rapid improvement in the credit card infrastructure, with more and more retailers or merchants now accepting credit card payments at their point-of-sale terminals.

Besides, the report analyzes factors critical to the success of the Chinese credit card industry. It has also identified key players in the market and included their detail business description. Additionally, the report sheds light on the emerging industry trends, which are expected to decide the future of the Chinese credit card industry.

“China Credit Card Market Outlook to 2014” provides future forecast on the industry based on the correlation of past drivers, challenges, and opportunities for expansion. In this way, the report presents a complete and coherent analysis of the Chinese credit card industry, which will prove influential for clients. Detail data and analysis will help investors, financial service providers, and banks to navigate through the latest trends in the Chinese credit card market.

Enterprise Software Market Regains Its Momentum

The market for enterprise software fell in 2009, along with the rest of the IT marketplace. As companies scaled back their purchases and slowed implementations; the market for enterprise software declined by 2.5%. While not a huge decline, it was still substantial, following years of robust growth.

A new Enterprise Software market research study by Gartner, suggests that the enterprise software’s long winter finally appears to be ending. Gartner recently announced that in 2010 the market grew by 8.5% to $245 billion (US). The strongest growth, not surprisingly, has been in Asia-Pacific and Latin America, two regions with booming economies. In contrast, Japan and Western Europe only experienced a relatively mild growth.

A few facts that stand out of the Gartner’s report include:

– Microsoft continues to maintain the largest share of the market with 22% – boosted by the recent release of Windows 7 and Office 2010.

– IBM was in second position – seeing strong sales of its WebSphere middleware and Tivoli system management tools. (IBM would have been #1 if Microsoft’s sales to consumers had been left out of the study)

– Big Blue would take the top spot if Microsoft’s sales of Office and Windows to consumers were left out of the study, the firm added.

– Oracle grew at a blistering pace of 19%, powered by strong growth in BI and security.

– VMware had the fastest growth, at 41%, much of it driven through acquisition (e.g., Zimbraand TriCipher)

Not surprisingly, as Enterprise Software sales rise, so do sales of IT Services, to implement these complex new systems. A vivid contrast with the 5% drop seen in 2009. Last year IT services spending grew 3% to $793 billion last year.

– IBM, Hewlett-Packard and Fujitsu took the top three market share berths.

– The largest share of this spending came from software support. The support sector saw the strongest growth at nearly 7%.

– Consulting, development and integration services performed slightly better than expected as organizations that held back on investments began investing again last year

– Process management and hardware support saw weaker results where both segments grew at 1 percent less than projected.

These recent enterprise software market research studies suggest that the impact of the recession are still evident in the market; overall there are still areas experiencing strong growth. The move toward cloud-based enterprise applications should continue to feed strong growth in this sector, as companies increasingly overcome their security fears and move enterprise apps to the cloud.

Apple Set to Dominate Tablet Market Through 2012

Even with a flood of rival products, Apple Inc.’s iPad is unlikely to face a viable competitor until 2011, allowing the company to maintain a dominant share in the tablet market at least through 2012, according to market research firm iSuppli Corp.

The iPad will account for an overwhelming 74.1 % of global tablet shipments in 2010, with the remaining 25.9 % consisting of a mix of older PC-type tablet products & competitive slates. Despite the arrival of the first real iPad competitors in 2011, Apple still will maintain a prevailing 70.4 % share of shipments, iPad research from iSuppli bears out. Even in 2012, the iPad will continue to control nearly two-thirds of shipments, at 61.7 %, as the competition strives to develop ecosystems of tablet apps and content that can match up with those of Apple.

“Although the iPad has been on the market for only a few months, powerful interests throughout the technology business are devoting enormous resources to challenge and topple Apple’s domination in this fast-growing marketplace,” commented Rhoda Alexander, Director, Monitor Research at iSuppli. “However, if recent history is any lesson, it will take some time for these companies to get their products to market, longer for them to offer necessary software support and infrastructure, and an even lengthier period to begin to rival the overall user experience Apple is able to deliver.”

The iPad is in a similar situation as the iPhone when it first arrived. Launched in June 2007, the iPhone teardown was followed by a range of competing products during the next five months to two years, such as the Samsung F700, the UTStarcom XV6800, the Google G1 and the Palm Pre. However, it took almost three years for the competition to offer phones that were not just in the ballpark of being comparable to the iPhone, but also were truly differentiated and superior in some respects, iSuppli’s mobile market research indicates.

There are presently numerous products identified by iSuppli as iPad competitors, such as Android- and Windows 7-based tablets from Hewlett-Packard Co., Dell Inc. and Lenovo. However, none of these is a serious competitor to the iPad from a solution perspective, iSuppli believes.

“Companies are quickly developing products that match or exceed some of the surface hardware specifications of the Apple iPad,” Alexander opined. “But it’s still unlikely that any of the competitors will be able to equal the overall performance experience of the iPad.

A number of new tablet devices are expected, in addition to the ones in the market today.

This is probably the best example to date of a competitor trying to link the smart phone/tablet experience similar to what Apple has done with its iPhone/iPad.

Rumors are also prevalent regarding Research in Motion Ltd. after its recent purchase of the BlackPad domain name. Alexander believes that the most interesting near-term iPad competition is likely to come from HP, which has the requisite experience in building PC-level devices, as well as access to a proprietary WebOS through the company’s Palm acquisition. Nonetheless, HP’s iPad challenger is unlikely to appear before 2011 and probably will include multiple products-including a tablet with significant creation capabilities targeted at the enterprise market, in addition to one or more consumption-style devices targeted at consumers.

Even with their hardware ducks in a row, the iPad competitors will encounter other problems in competing with Apple.

Current Statistics of Yiwu Wholesale Market And The Products

Managing your own wholesale business of different products and selling it to end customers is really tough job. Especially when it comes to storing so many products in large quantity then you have to keep your profit less and have to think about customer’s benefits and satisfaction. You must know the right place and resource to buy certain products where you can get good profit so you can sell it at lower margin to your customers. In this kind of business, you have to invest your money at right place to because of large products quantity and it is not possible to sell those products that you have bought at same time you want. So you have to maintain the ratio of buying and selling by keep in mind the success of the business

Due to globalization between different countries, there is an introduction of different wholesale market in the world. These different places have monopoly in certain products. So if you are dealing with the stuff which is famous in these places then importing from these places is not bad idea to make your business successful. So you have to be very selective in choosing certain products which you can afford to import and which can achieve your objective of selling of those products in your local audience. Some common things like stationary and handicraft, household stuff, handicraft cloths, electronic garments accessories and toys are major niche that you can consider and which has large interested audience.

So, these are the product that you are dealing with then you must find a place from where you can import all these products at good rate. As we all know china has earned good name in world’s famous wholesale market. If we talk especially about the things that I have explained in above paragraph then Yiwu market is one of those places from where you can get all at one place with most affordable price. Yiwu is the one of the largest wholesaler city in china with great historical culture and modern business value. Let’s discuss about the current market statistics of Yiwu market in next paragraph.

If we talk about the demographical area about the Yiwu market, 2,40 000 square meters of area has been covered by this place and with more than 60 000 stalls of different products. It is located in east of the city and it is nearby all the places like airport, hotels tourist places which makes it special and became the attraction of business people and foreign investors. The place consists of 2000 daily visits of different business people. Total 2,00,000 of various types of products are available in the market which covers 40 different industries. Export ratio of this place growing every year with new foreign investors and agencies and it considered as biggest wholesale place in the china. There is a total 30, 000 factories of wholesaler of china and all over the world present in the city.

Due to this exporting of products, service industry of the city is booming and has big impact on overall economy along with the manufacturing units. Among all service trading services industry and hotel industry are two main fields with higher consumption rate. Some of the professional companies out there which helps in trading services and business companion to foreign investors and tourists. Due to this trading from Yiwu market has become easier and fast. So as I have said before, if you are dealing with the stuff or want to deal with the products that I have explained previously Yiwu market is the ultimate place for you where you can get all places.

Market Research Consultants Consult Well on All Sorts of Markets

Hiring Market Research Consultants proves to be a very benefitting move for organizations. The fact these consultants excel in studying markets and deciphering minute nuances makes it pretty advantageous for organizations around. The Consultants study markets full time, emerging and existing alike, apart from having a good knowledge base of market practices that have become obsolete.

They also do a lot of Marketing Research Analytics, seeing to it they study every possible connotation out there and put it to good use in the reports they consult for eventually. Market Research Consultants can be counted on for their enhanced knowledge in data analytics and verbatim analysis. So well versed are they with these highly sophisticated tools that you are left besotted with their ability to simplify complicated data so unambiguously.

They consult after doing a lot of tabulations, again a highly sophisticated marketing research analytics maneuver. The data is put swiftly into tables, coded and manipulated for the client to understand it well. They do a lot of first mentions, list coding and verbatim aggressions. Market research consultants are pretty competent at doing URL Classifications into various levels. Also, their Query String Extraction is laudable.

Market Research Consultants, backed with their amazing proficiency in Marketing Research Analytics, seize control of all consultations. With their amazing pedigree of consulting on a variety of factors such as pricing, trends, buying patterns, competitor analysis, fluctuating and varying prices, loyalties etc., they are able to read the markets you want analyzed. Thus, once they are through with their analysis, they commence a strategic process of consulting which includes all these various factors incorporated into your business.

Their marketing consultations work because they check their logic thoroughly. Never ever are they lose on facts and only when the facts get put through multiple levels of quality compliance do they give them a final nod and have them disbursed.

Consultants into market research are good at mining out data. Their experience gives them the advantage of finding out at once the data that is missing, and they accordingly start channeling all the resources they have to ensure the facts absent are found out well at once and rightly incorporated into the reports prepared ultimately to disburse to the client.

Studying markets is their forte. Add to that their ability to think deep and analyze how to bring up the most striking facts and positioning them in a very understandable manner, you have a winner in hand. They couple their expertise with their deftness in studying markets from close quarters to make a really sound case where the client gets what he asks for.

Coming to the other point, they study a variety of markets. Apart from studying markets such as Retail, Telecom, Consumer Goods, they also excel in financial and stock markets, business research, pharmaceutical research and the BFSI vertical. Their seamless navigation through all these verticals augurs really well for the client who in turn expects the required data consulted along with what their competitors ought to be doing at the same time.

Hiring these consultants is the best thing to do for they render the finest of consultations ensuring clients get satisfactory service.