Search results for: 'real-world data'

The Asia‑Pacific (APAC) cross‑border payments and remittance landscape is being reshaped by rapid digital adoption and growing geopolitical complexity, disrupting traditional remittance models and accelerating the shift toward real‑time, interoperable payment ecosystems. A key industry trend is the accelerated migration from cash‑based and informal...

Indonesia mobile penetration grew from 83% in 2009 to 134% in 2014. By the year 2019, mobile penetration is expected to reach 138%, with 370.3 million mobile subscribers. The tracker provides details of the Indonesia mobile service providers and offers detailed historical & forecast data for the period 2009-2019.

Malaysia's mobile penetration grew from 110% in 2009 to 141% in 2014. By 2019, the mobile penetration rate in Malaysia is expected to reach 144%, with 46.5 million mobile subscribers. The tracker provides details of Malaysian mobile service providers and offers detailed historical & forecast data for the 2009-2019 period.

Sri Lanka's mobile penetration grew from 69% in 2009 to 107% in 2014. By 2019, its mobile penetration rate is expected to reach 126%, with 27.2 million mobile subscribers. The tracker provides details of Sri Lankan mobile service providers and offers detailed historical and forecast data for the 2009-2019 period.

Nepal mobile market has experienced a strong growth over the past few years and the two leading service providers together control almost 95% of the total subscriber base. Over the past couple of years, the country's mobile penetration rapidly increased from under 71% in 2013 to 110% in 2016, surpassing the total population of 29 million. By 2021, ...

30 Apr 2021  |  Asia Pacific  |  Market Research

Digitalization and Data Analytics are Driving Asia-Pacific Cross-border and Remittance Service Market Growth

The Need for Faster Payment Services and Lower Transaction Fees Creates New Growth Opportunities

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2020 was marked by pervasive disruption, caused by the COVID-19 pandemic, which created growth opportunities for cross-border and remittance service providers. The market witnessed a rise in digital adoption rates (15% YoY growth rate in 2020). Rapidly advancing technologies, evolving customer expectations, and a changing regulatory landscape are d...

Singapores mobile industry experienced good growth in recent years. The number of mobile subscribers grew by 22.8% from 6.8 million in 2009 to 8.4 million in 2013. However, in 2014, the number of subscribers declined by almost 4% to 8.1 million because of the regulatory controls announced by Infocomm Development Authority of Singapore. Mobile subs...

This research service provides an overview of the eCommerce market in Southeast Asia and also reviews recent trends. It showcases Southeast Asia as one of the fastest growing and most promising eCommerce markets in the world with the market expected to exceed $25 billion in 2020. Southeast Asia’s eCommerce revenue surpassed $11 billion in 2015 led ...

22 Dec 2020  |  Asia Pacific  |  Market Research

Digital Payment Adoption in the ASEAN Market—Voice of Customer, 2020

Convenient and Secure solutions are Key to Mass Adoption

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The COVID-19 pandemic has profoundly impacted the lives of people around the world. Throughout 2020, local governments worked to restrict peoples movement to contain the spread of the disease. Lockdowns greatly impacted the daily operations of several vertical industries and limited access to different types of goods and services. Moreover, as fear...