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06 Jul 2023  |  Asia Pacific  |  Market Research

Asia-Pacific Real-time Payment Growth Opportunities

Disruptive Technologies that Enable Open Banking are Fueling the Growth of Real-time Payments

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This research service examines the real-time payment (RTP) market in the Asia-Pacific (APAC). It identifies key customer needs and market trends and provides a country-wise analysis of relevant developments. RTP or fast-payment systems involve payment transactions that are initiated and processed in near real time or within minutes. Unlike traditio...

The World Bank estimates that rapid population growth and urbanization have resulted in a global average waste generation of about 0.79 kilograms per citizen per day as of 2022. It predicts a direct relationship between waste generation and income levels and projects the daily per capita waste generation in high-income countries to increase by 19.0...

The global enterprise desktop and cordless phone market is in decline, although the rate of decline has slowed compared to previous years. In 2024, total revenue fell by 9.2% to $2.21 billion from $2.44 billion in 2023. Between 2024 and 2031, industry revenues are projected to decline at a compound annual growth rate of 3.2%.A key challenge facing ...

The Satellite Communication (SATCOM) sector is undergoing many changes because of the technological advancements in satellite technology; one such key advancement is the rise of satellite mega-constellations in LEO. Because satellites are at very low earth orbits they can directly connect to cellphones and provide SATCOM services to underserved and...

Waste-to-energy (WtE) conversion is gaining strategic relevance as global waste generation accelerates and environmental regulations tighten. Municipalities and industries are facing mounting pressure to reduce landfill dependence, curb methane emissions, and secure reliable low-carbon energy sources. In this context, WtE is evolving from a seconda...

Food waste management has gained increased emphasis in recent times, especially in the context of the recently adopted United Nations Sustainable Development Goals. The initiative is driven mainly by the need to address declining natural resources, to reduce greenhouse gas emissions, and to reduce waste disposal into landfills. The current study gi...

The waste management and circular economy market of the United States and Canada is in full growth. With new recycling targets that must be reached before 2030 and current recycling values close to 30%, countries and stakeholders should focus on improving waste segregation at source, source separation, materials recovery facility optimization, and ...

Latin America faces several waste management problems, with recycling rates that do not exceed 10%, a large number of open-air dumps, high levels of informality in the workplace, and more than 40% of incorrectly managed waste. Finding a solution to this problem is imperative due to new transformative Mega Trends, such as sustainability and the circ...

The expansion of embedded payment to new domains and process automation are great opportunities for growth in the Asia-Pacific Real-Time Payment (RTP) Monetization market. Technology advances in online payment and the development of cloud and API-based solutions are transforming the industry and its processing workflows. As a result, businesses wil...