Telecom

The mobile telecoms market in Asia-Pacific consisted of 4.04 billion subscribers in 2017, and is expected to grow to reach 4.58 billion by 2021, with the CAGR (2017–2021) estimated at 3.1%. Across Asia-Pacific, increasing competition is placing further pressure on revenues and margins. YoY revenue growth and CAGR growth are at an all-time low, at...

The Chinese market for mobile payment offers not only market opportunities for solution providers intending to operate within the domestic market but also learning points for global mobile payment solution providers. China is a unique case study that can showcase to the world that cashless societies are becoming increasingly possible. Already, 40% ...

Voice and Messaging Services have evolved over the past few decades. In recent years, Over-the-Top (OTT) participants such as WeChat, WhatsApp, and LINE have introduced rich multimedia messaging services that SMS could not provide. These OTT applications have also granted users the ability to make international voice calls at a low cost or even for...

Biometric identification and authentication is well positioned to complement and potentially replace existing traditional verification processes such as those using pins and passwords, security questions, and even personal identity verification. The role of biometrics is becoming more important now that the industry is heading towards becoming mobi...

The mobile POS (mPOS) market has evolved since its start in 2009 and is now able to adequately address the needs of merchants of all sizes across the Asia-Pacific. Technology is the enabler that is making it cost effective and affordable for small merchants as well as tailored and purpose-built for large merchants. While it may not completely repla...

27 Sep 2016  |  Asia Pacific  |  Market Research

Asia-Pacific Mobile Payments

Spearheading Cashless Societies

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Countries within Asia-Pacific are trying to go cashless; mobile payment has been identified as an ideal solution to spearhead the transformation from cash-based to cashless solutions. Asia-Pacific is expected to continue to lead the world in mobile payment developments with smartphone penetration being the highest in the world. With standardization...

The South Korean Secure Content Management (SCM) grew at a good rate of 8.3% on a year-on-year basis in 2015. The email security segment contributed 59.2% of the total South Korean SCM market, while the web security segment contributed 40.8%. The email security segment grew steadily at 7.5% year-on-year, generating a revenue of $25.0 million. The g...

The ANZ SCM market grew modestly at 5.8% year-on-year in 2015, with the web security segment growing at 7.7% and the email security segment growing at 4.2%. In many ways, the relatively saturated status of the market, coupled with the increased adoption of managed security services, contributed to a weaker growth trajectory for the SCM market. Ther...

The Indian SCM market grew strongly at 11.7% year-on-year in 2015 with the web security segment growing at 12.4% and the email security segment growing at 10.8%. As part of the Indian Government’s ambitious Digital India Programme, spending on cyber security infrastructure is expected to increase alongside a general increase in Information Techno...