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Recent innovations in advanced information and communication technologies have enabled the digital transformation of financial services. As one of the fastest growing mobile network markets in the world, the Middle East represents an attractive opportunity for mobile-backed financial services solutions. The Gulf Cooperation Council (GCC) region has...

23 Jun 2016  |  South Asia, Middle East & North Africa  |  Market Research

Analysis of the Indian Point-of-Sale (PoS) Terminals Market

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This research service analyses the Indian point-of-sale terminals market. India is the 13th-largest non-cash-payment market in the world. It has high potential to grow significantly as more merchants install PoS systems and accept card payments. Only 35% of the country’s population has bank accounts. The government’s initiative of providing bank ac...

The global financial technology (fintech) industry stands at an inflection point. The playbook that created $300 billion in value over the past decade, digitizing traditional financial services and delivering them through consumer-facing applications, has reached maturity. Market saturation, commoditization pressure, and rising customer acquisition...

The MSS market in India grew by 24.1% on a year-on-year (YoY) basis. In 2016, the MSS segment continued to witness growth in the Indian market, owing to the increasing demand of cybersecurity solutions. This was being driven by the government’s drive for digitization through its Digital India campaign. Furthermore, the National Payments Corporation...

As Indians were more accustomed to carrying out card-less payments, the move towards debit, credit, gift or food cards for carrying out different types of transactions has seen the growth of Point of Sale (POS) terminals in India. The countrys banking sector has been instrumental in the growth of the POS market. Banks are issuing debit cards to all...

Technology is the enabler of the future. Every year witnesses the onset of newer technologies, each with varying levels of impact on the society and lives of people. Technologies have thus become an imperative part of human life and, hence, it’s critical to understand their impact. In this whitepaper, we discuss the top 10 Technologies / Technology...

This Voice of the Customer survey sheds light on the willingness of Saudi Arabia’s population in car purchasing and new car purchases to switch to electric vehicles (EVs) as their next car purchase in the next two years. In doing so, Frost & Sullivan assessed the potential for charging services based on customer preferences to support automakers, d...

The online consumer electronics and appliances (white goods, brown goods, and consumer electronics) market in India is valued at approximately INR 99,000 crores. It is driven by the rising disposable incomes, increased penetration of electronic gadgets in everyday use, and an upsurge in the GEN Y population. Some of the challenges faced by this mar...

India’s retail industry is flourishing and accounts for 22 percent of the country’s GDP. The penetration level of modern retail which is 8-10 percent currently is expected to increase six-fold from US $27 billion in 2014 to US $220 billion in 2020. It is observed that retailers are increasingly integrating both offline and online presence through d...