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Since
05.22.2006
Market Research & Forecast
E-Banking, Financial Management, POS and Electronic Wallet
combined with advanced mobile phones and PDA's,
are according to analysts the next hit.
 
E-Banking & Financial Management
E-Banking Blooming
Gartner released a new study on
the growth of the online bill payment market in the U.S. The report says that in
2003 online bill payment is growing in popularity, and it expects the market to
grow by close to 38 percent to 40 million users.
The study says that while most consumers that utilize online banking view and
pay their bills, banks need to do more to create other applications, which will
hook customers into other revenue streams.
Full story...
Ebanking takes off in Europe
Datamonitor estimates that there will
be nearly 49 million online banking customers in Europe at the end of the year,
up from 23 million in 2000.
Currently, the UK has the highest number of online banking customers in with 9.8
million. Germany, the second leading ebanking nation in Europe, has 8.5 million
online banking customers, while the Nordics have 8.2 million.
Full story...
E-Banking, Online Bill Paying Growth Ahead
A substantial increase in the number of U.S. households paying and viewing bills
online suggests a growing comfort with the medium and less concern over the
security of such transactions.
The number of U.S. households engaged in online banking will nearly double
between 2003 and 2008, according to Jupiter. Well over 29 million households
currently take advantage of the convenience of online banking, which is expected
to grow to 56 million in 5 years.
Full story...
 
Point Of Sale & Electronic Wallet
POS Application Software to Grow to Nearly $1 Billion
Global revenues for POS application software are expected to grow at a compound
annual growth rate (CAGR) of 9.8% between 2003 and 2008, according to a recent
report by Venture Development Corporation, Global Markets for AIDC Application
Software.
Double-digit growth is likely over the near term due to:
Compliance Mandates and Standards
Technology and Solution Trends
Full story...
Credit Cards Losing Grip on E-Commerce
"..Smart cards and other digital payment methods are likely to start gaining a
share of the market now dominated by magnetic strip credit cards, according to a
study by ActivMedia Research."
Full story...
 
Mobile phones, Wireless & PDA's
Every second, somewhere around the globe, a PDA is being sold!
In 3 years, PDAs, combined with Cellphones, will be more popular than desktop PCs!
PDA Sales Remain Strong
Even when money is tight, people will buy PDAs. A recent study from Cahners
In-Stat reports that global shipments of PDAs are on the rise.
Full story...
Why Wireless?
The concept of wireless, however, is still in its infancy. Many people don't use
wireless devices to access the Web because of expensive per-minute phone access
charges and inadequate switching and wiring. But that's changing, experts say.
According to Jupiter Media Matrix, by 2005, 96 million Americans will have
access to the mobile Internet by PDA or phone.
Full story...
IDC says US wireless subscribers to grow to 84 million in 2005
Despite the economic downturn following the terrorist attacks and the resulting
drop in travel and consumer spending, the wireless Internet is expected to have
great growth. According to IDC, the number of
wireless Internet subscribers in the United States will increase at a whopping
compound annual growth rate (CAGR) of 73%, from approximately 5 million in 2000
to more than 84 million in 2005.
Full story...