Cost Saving Opportunities for the Global Deep Sea Freight Market: Technavio

LONDON--(BUSINESS WIRE)--#CategorySpendIntelligence--According to the latest procurement intelligence report from Technavio, the global deep sea freight market is expected to grow at a CAGR of 4.24% over the next five years due to the rearrangement of global shipping routes.



The research report titled ‘Global Deep Sea Freight Market: Procurement Market Intelligence Report 2017-2021’ provides an in-depth analysis of category spend, best procurement practices and cost saving opportunities, aimed at helping organizations achieve superior business performance. The report also provides insights on pricing, supplier positioning, and top companies, enabling sourcing professionals to improve their competitive advantage through procurement excellence.

Increasing trade movements, especially in the oil and gas and mining sectors; route optimization; improved intermodal network; the rise in outsourcing of manufacturing to low-cost countries; and high dependence on sea freight as a cost optimized method of shipping are some of the major factors attributing to the growth of deep-sea freight services industry,” says lead Technavio procurement specialist Angad Singh for category spend intelligence. “Both buyers and suppliers focus on major concerns such as regulatory requirements, compliance, supply chain security, and sustainability, apart from the regular aspects such as cost reduction and improvements in the level of services provided,” adds Angad.

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Technavio sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Cost saving opportunities in the global deep sea freight market

The adoption of various cost-optimization levers helps buyers of deep sea freight realize direct cost savings and enhance category management and value benefits (including reduced procurement complexities).

Technavio procurement experts have segmented the cost saving opportunities in the global deep sea freight market into the following value-enhancement opportunities:

  • Adoption of technology
  • Supplier Competition
  • Adoption of negotiation strategies
  • Optimization of procurement practices
  • Bundling of services

Adoption of technology saving aspects

Mobile applications and web portals help both the suppliers and buyers to filter shipping routes, optimize the terminals and ports, live track cargos using web portals, and navigate through real-time ship movement.

Additionally, the integration of IoT allows various devices used in the supply chain and logistics processes to communicate with each other, enabling real-time transmission of data without human intervention.

View our subscription bundles to discover more cost saving opportunities: Request for demo

Optimization of procurement practices saving aspects

A growing number of suppliers are investing in the optimization of routes using technology and more efficient sea routes such as Arctic route between China and Europe to reduce the cost and shipping durations.

Also, buyers prefer to engage with service providers that offer robust technological systems and leverage the internet-based systems to reduce costs and simplify visibility across the supply chain.

Bundling of services saving aspects

Buyers need to create a mix of global and regional suppliers to manage supplier engagement risks, seek shipment bundling opportunities, and outsource related activities such as land transport and customs brokerage to expert players.

Suppliers bundle together services such as packing, kitting, light manufacturing, and reverse logistics to help the buyers save up to 13% of the total bundled spend area.

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.


Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

Asia Pacific Beer Market 2016-2022: Draught Beer Expected to generate Revenue of $29.4 Billion – Research and Markets

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Asia Pacific Beer Market (2016-2022)" report to their offering.


The Asia Pacific beer market is expected to grow at a CAGR of 8.8% during the forecast period 2016-2022. Based on categories, the beer market is classified into light beer and strong beer. The strong beer market holds larger market share in terms of value.

The overall light beer market is fading out due to changing preferences of consumers towards wine and other alcoholic beverages. Light beer market would grow at CAGR of 7.5% during 2016-2022. Strong beer market would grow at a CAGR of 9.5% during the forecast period.

The Asia Pacific market is analyzed based on packaging methods such as canned beers, bottled beers and draught beers. The canned beer market would witness tremendous growth during the forecast period. The segment is expected to grow at a CAGR of 9.4% during the forecast period 2016-2022. The draught beer market would witness steady progress and would grow at a CAGR of 6.6% during 2016-2022. The segment is expected to generate revenue of $29.4 billion by 2022.

The report highlights the adoption of Beer Systems in Asia-Pacific. Based on Product Type, the market is segmented into Light Beer and Strong Beer. Based on Production, the market is segmented into Macro Brewery and Micro Brewery. Based on Category, the market is segmented into Premium Category, Super Premium Category, and Normal Category. Based on Packaging, the market is segmented into Canned Beer, Bottled Beer, and Draught Beer. The report also covers country wise segmentation of Beer market. The countries included in the report are China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia-Pacific.

Key companies profiled in the report includes Heinekin N.V., Anheuser-Busch InBev., Tsingtao Brewery Co. Ltd., Carlsberg Group, Diageo Plc., Molson Coors Brewing Company, Boston Beer Company, Beijing Yanjing Brewery Co., Ltd and United Breweries Group.

Key Topics Covered:

1. Market Scope & Methodology

2. Market Overview

3. Asia Pacific Beer Market- By Product Type

4. Asia Pacific Beer Market - By Production

5. Asia Pacific Beer Market - By Category

6. Asia Pacific Beer Market - By Packaging

7. Asia Pacific Beer Market - By Geography

8. Company Profiles

- Heinekin N.V.

- Anheuser-Busch InBev.

- Tsingtao Brewery Co. Ltd.

- Carlsberg Group

- Diageo Plc.

- Molson Coors Brewing Company

- Boston Beer Company

- Beijing Yanjing Brewery Co., Ltd and

- United Breweries Group

For more information about this report visit http://www.researchandmarkets.com/research/mnlcgp/asia_pacific_beer


Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Beer

A.M. Best Affirms Credit Ratings of DTRIC Insurance Company, Limited

HONG KONG--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of DTRIC Insurance Company, Limited (DTRIC), and its reinsured affiliate, DTRIC Insurance Underwriters, Limited. The outlook of these Credit Ratings (ratings) is stable. Both companies are domiciled in Honolulu, HI.


The ratings reflect DTRIC’s adequate risk-adjusted capitalization and improved operating performance. The ratings also reflect the implicit and explicit support provided by its ultimate parent company, Aioi Nissay Dowa Insurance Company Limited (ADI), which currently owns 74.8% of DTRIC’s shares. ADI is a wholly owned subsidiary of MS&AD Insurance Group Holdings, Inc.

DTRIC’s risk-adjusted capitalization has stabilized in the past two years with a modest increase in profits. Its operating performance has recovered due to various measures taken to improve underwriting performance, although this performance remains at a modest level. Overall, the company’s results continue to underperform those of its peers in several key financial measures.

Positive rating actions may occur if the company’s risk-adjusted capitalization improves significantly and operating performance stabilizes in line with the performance of DTRIC’s peers.

Negative rating actions may occur if the company’s operating performance or risk-adjusted capitalization further deteriorates.

Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.

This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.

A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.


Contacts

A.M. Best
Seewon Oh, +852 2827 3404
Associate Director, Analytics
seewon.oh@ambest.com
or
Christopher Sharkey, +1 908 439 2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Moungmo Lee, +65 6589 8412
Managing Director, Analytics
moungmo.lee@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com

A.M. Best Downgrades Credit Ratings of The Toa Reinsurance Company, Limited and The Toa Reinsurance Company of America

HONG KONG--(BUSINESS WIRE)--A.M. Best has downgraded the Financial Strength Rating to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Rating to “a+” from “aa-” of The Toa Reinsurance Company, Limited (Toa Re) (Japan) and its subsidiary, The Toa Reinsurance Company of America (TRA) (headquartered in Morristown, NJ). The outlook of these Credit Ratings (ratings) is stable.


The rating downgrades reflect a business profile that is not comparable to similarly rated peers, which are large global reinsurance companies. Although Toa Re has a strong relationship with the major cedants in Japan, which also are its major shareholders, the company’s profile in the global reinsurance market is not strong enough to support the current ratings. Moreover, the company is faced with weak growth prospects in its domestic market. Toa Re maintains strong risk-adjusted capitalization, owing to improved profitability in recent years and conservative risk management.

The company has improved its business diversification through its life/health reinsurance segments and overseas reinsurance segments over the past five years, which has helped stabilize its performance and support overall business position. Also, Toa Re has tightly controlled risk exposures – catastrophe risks in particular – during this period, which was demonstrated by the stability of recent results despite the impact from the Kumamoto earthquake and the Fort McMurray wildfire in 2016.

A partially offsetting rating factor is Toa Re’s volatile performance track record. Although performance improved in 2016, the company’s weak growth outlook in its domestic market and the sustained intense competition in the overseas reinsurance market will put pressure on performance.

TRA is a wholly owned subsidiary of Toa Re. The company is a U.S.-based property/casualty reinsurer domiciled in Delaware that conducts business predominantly through reinsurance brokers.

TRA benefits from the support of its parent company, Toa Re, through operational and management integration, and retrocessional support.

TRA’s business strategy continues to center on U.S.-regional and mutual companies where it can lead pricing and negotiation over contract terms and conditions. TRA plans to continue to be selective in its new business writings, which is in line with its strategy of profitable growth. TRA also has expanded its presence in Canada through its branch office in Toronto, Ontario that opened in 1999. TRA also strategically diversified its portfolio by writing crop reinsurance starting in 2011.

While positive rating actions are unlikely, downward pressure could arise if there is substantial decline in risk-adjusted capitalization caused by significant deterioration in underwriting results or adverse movement in the financial markets.

Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.

This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.

A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.


Contacts

A.M. Best
Seewon Oh, +852 2827 3404
Associate Director, Analytics
seewon.oh@ambest.com
or
Guy Simoes, +1 908 439 2200, ext. 5301
Senior Financial Analyst
guy.simoes@ambest.com
or
Christopher Sharkey, +1 908 439 2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com

Asia Pacific 3D Display Market 2016-2022: 3D Display Market is Majorly Driven by the 3D TVs – Research and Markets

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Asia Pacific 3D Display Market (2016-2022)" report to their offering.


The growth of the 3D display market is majorly driven by the 3D TVs.

The 3D display applications would significantly grow, as applications such as digital photo frames, public display advertisements and head-mounted displays would find higher adoption. Asia-Pacific would witness moderate growth for the market. Public display advertising is useful in information kiosks, airports, campus and office buildings, and even in subways. The number of airports are increasing in the region, which enhances the prospects for 3D displays.

The rapid expansion and adoption of the 3D technology has led to some instances where end users have claimed to have health issues. Headaches and eyestrains associated with the 3D TV and cinema display have been reported in many instances, which would hinder the market.

The growth in the entertainment and gaming industries have significantly contributed to the growth of 3D display market. The number of 3D films released would add to the market growth. These trends indicate the growth of the 3D display market on a global scale. Gaming industry is witnessing significant changes in the total business landscape. Adoption of 3D display technology and player comfort are some factors that are being added to the gaming programs. Gaming companies have been constantly working on introducing 3D display based games.

Key Topics Covered:

1. Market Scope & Methodology

2. Market Overview

3. Asia Pacific 3D Display Market - By Type

4. Asia Pacific 3D Display Market - By Application

5. Asia Pacific 3D Display Market - By Viewing Type

6. Asia Pacific 3D Display Market - By Technology

7. Country Level Analysis

8. Company Profiles

  • 3D Fusion
  • Fujifilm Holdings Corporation
  • Hon Hai Precision Industry Co.
  • LG Corporation
  • Mitsubishi Heavy Industries. Ltd.
  • Panasonic Corporation
  • Samsung Electronics Co. Ltd.
  • Sony Corporation
  • Toshiba Corporation

For more information about this report visit http://www.researchandmarkets.com/research/bs5g4x/asia_pacific_3d


Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Hardware, Tablet and Mobile Device Hardware

Asia-Pacific Food Service Equipment Market 2016-2022 – Research and Markets

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Asia-Pacific Food Service Equipment Market (2016-2022)" report to their offering.


Asia-Pacific market is anticipated to be the fastest growing market growing at a CAGR of 7.3%.

The Asia-Pacific food service equipment market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia-Pacific. Based on end users, the market is segmented into full-service restaurants & hotels, quick-service restaurants & pubs, and caterers.

Living standards of people in the developing regions have given rise to restaurants and cafes, which has contributed to the investments in the food industry. With stringent government regulations about energy consumption and gas emission, the demand for energy efficient products would witness significant growth.

High quality food & services, with better food costing, and management systems have gathered consumer attention. Various types of restaurants like all day dining restaurants, fine dining restaurants, and specialty restaurants have witnessed prominent growth in the market. In addition to this, increase in the number of lounges, bars, room dining, conference halls, ball rooms, and others like food courts have also contributed in the growth of the hospitality industry. Additionally, growth in the tourism industry in different countries all over the world would also help in the growth of food service equipment market.

The report segments the Asia-Pacific food service equipment market based on product type, end users, and Country. Based on product types, the market is segmented into cooking equipment, warewashing equipment, storage & holding equipment, food & beverage preparation equipment, and serving equipment.

The major players profiled in this report include Haier Group Corporation, AB Electrolux, Duke Manufacturing Co. Inc., Dover Corporation, Illinois Tool Works (ITW) Inc., The Manitowoc Company, Inc., The Middleby Corporation, and Fujimak Corporation.

Key Topics Covered:

1. Market Scope & Methodology

2. Executive Summary

3. Market Overview

4. Asia Pacific Food Service Equipment Market

5. Asia Pacific Food Service Equipment Market - By End User

6. Asia Pacific Food Service Equipment Market - By Country

7. Company Profiles

  • Haier Group Corporation
  • AB Electrolux
  • Duke Manufacturing Co. Inc.
  • Dover Corporation
  • Illinois Tool Works (ITW) Inc.
  • The Manitowoc Company, Inc.
  • The Middleby Corporation
  • Fujimak Coporation

For more information about this report visit http://www.researchandmarkets.com/research/q37wnl/asiapacific_food


Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Food Service

Global Motorcycle Tire Pressure Management System (MTPMS) Market Growth at CAGR of 29.08%, 2017-2021: Key Players are Schrader, Salutica Berhad, Orange Electronic, Doran & Garmin – Research and Markets

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Motorcycle Tire Pressure Management System (MTPMS) Market 2017-2021" report to their offering.


The global motorcycle tire pressure management system (MTPMS) market to grow at a CAGR of 29.08% during the period 2017-2021.

Global Motorcycle Tire Pressure Management System (MTPMS)Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is development of powerful mems sensors and SMI for accuracy and precision. Sensor technology has played a crucial role in the design and development of ADAS systems, as they form a fundamental part of the systems. Sensors and processors are the primary system components that monitor and process the vehicle data. Few automotive players are working on new tire pressure monitoring technologies, which include the use of MEMS sensors that are designed to accurately measure the pressure as well as the temperature in the tire.

According to the report, one of the major drivers for this market is TPMS reduces maintenance cost of motorcycle. TPMS continuously monitors tire pressure and constantly notifies the rider. It has been found out that TPMS-fitted tire can result in fuel efficiency of 1.4% on an average depending upon the duration of travel and vehicle type.

Further, the report states that one of the major factors hindering the growth of this market is low availability of retrofit TPMS in emerging economies. With rapid technological advances in the global TPMS market and the implementation of stern governmental safety regulations, automotive sensor OEMs are developing TPMSs and batteries so that they have extended life and thus, reduce the need for continuous replacement.

Key vendors

  • Schrader International
  • Salutica Berhad (FOBO)
  • Orange Electronic
  • Doran Manufacturing
  • Garmin

Other prominent vendors

  • Steelmate
  • HawksHead Systems
  • LDL Technology
  • TireTraker TPMS
  • CUB ELECPARTS
  • Tire-SafeGaurd (HCI)
  • Inovex Industries
  • Sate Auto Electronic
  • ASPIRIT ENTERPRISE Precision Technology
  • Bartec USA

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by end-user

Part 07: Geographical segmentation

Part 08: Decision framework

Part 09: Drivers and challenges

Part 10: Market trends

Part 11: Vendor landscape

Part 12: Key vendor analysis

Part 13: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/gdgfql/global_motorcycle.


Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Automotive Tires

Global Automotive Wheel Bearings Market 2017-2021 – Research and Markets

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Automotive Wheel Bearings Market 2017-2021" report to their offering.


The global automotive wheel bearings market to grow at a CAGR of 4.62% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global automotive wheel bearings market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is antifriction automotive wheel bearings. Friction is one of the major reasons for causing wear in wheel bearings. Ball bearings always undergo slight amounts of friction due to certain amounts of elastic deformation. Elastic deformation is caused when the wheel bearings are subjected to extreme amounts of load.

According to the report, one driver in the market is increase in passenger car sales in emerging countries. Passenger cars occupy a major share of the automotive wheel bearings market. Hence, an increase in the sales of passenger cars will lead to higher demand for automotive wheel bearing units. Emerging countries like China and India have a lower penetration of vehicles per capita when compared with the developed economies. Hence, car OEMs are focusing on effectively penetrating passenger car markets in emerging countries. The growth of the passenger car markets in China and India is driving the demand for automotive wheel bearings in these countries.

Further, the report states that one challenge in the market is penetration of counterfeit wheel bearings. Counterfeit and used wheel bearings are increasingly being sold to reduce cost and increase profits. Many of the automotive wheel bearings imported from Brazil, Russia, China, India, and South Africa are made of sub-standard materials, which cause engine breakdowns and other operational malfunctions. End users seeking large consignments of goods with standard design parameters prefer low-priced Asian products because they bring down investments considerably.

Key vendors

  • NSK
  • NTN
  • Schaeffler

Other prominent vendors

  • JTEKT
  • Timken
  • SKF

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by application

Part 07: Geographical segmentation

Part 08: Key leading countries

Part 09: Decision framework

Part 10: Drivers and challenges

Part 11: Market trends

Part 12: Vendor landscape

Part 13: Key vendor analysis

Part 14: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/kr9wzl/global_automotive.


Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Automotive Commodities, Suspension Systems and Components

Asia Pacific: Mobile Commerce Business and Investment Opportunities Databook 2017 – Market Size and Forecasts 2014-2020 – Research and Markets

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Asia Pacific: Mobile Commerce - Business and Investment Opportunities Databook - Market Size and Forecast (2014-2020), Retail Spend, Consumer Attitude & Behaviour" report to their offering.


This is a bundled offering, combining 7 countries. This report provides a data-centric analysis of mobile commerce market dynamics to help companies understand business and investment opportunities along with risks.

Market Dynamics: Provides a comprehensive view on size and structure, industry dynamics, market trends, consumer attitude and behaviour, and competitive landscape in mobile payment industry. Details market opportunities across market segments in mobile payment for the period 2015-2021 and identifies opportunities, potential risks, and market innovation.

Mobile Commerce: Provides market estimates and forecasts to assess opportunities in mobile commerce market segments. Details three essential KPIs - mobile payment transaction value, volume and average transaction value across five key segments: mobile shopping; travel; entertainment and event pay; digital products; and services, restaurants & bars, and others.

Consumer Attitude and Behaviour: Drawing from proprietary survey results, this report identifies and interprets key mobile payment KPIs, including spend by age, gender, and income level in both value and volume terms.

Retail Spend: Breaks down retail spend across 10 categories to provide detailed insights on consumer behaviour and changing dynamics of spend through mobile wallet.

Key Topics Covered:

1 About this Report

1.1 Summary

1.2 Scope

1.3 Methodology

1.4 Disclaimer

2 India Mobile Payment Industry Attractiveness

2.1 Mobile Payment Industry Market Size and Future Growth Dynamics

2.2 Mobile Payment Market Share by Application - Emerging Avenues and Future Growth Prospects, 2015-2021

2.3 Analysis of Mobile Payment User Base

3 India Mobile Commerce Market Size and Future Growth Dynamics, 2015-2021

3.1 Mobile Commerce Market Size and Forecast, 2015-2021

3.2 Mobile Shopping Market Size and Forecast by Key Segments, 2015-2021

3.3 Travel Market Size and Forecast by Key Segments, 2015-2021

3.4 Entertainment and Event Pay Market Size and Forecast by Key Segments, 2015-2021

3.5 Digital Products Market Size and Forecast by Key Segments, 2015-2021

3.6 Services, Restaurants & Bars, and Others Market Size and Forecast by Key Segments, 2015-2021

4 India Mobile Payment Analysis of Consumer Attitude and Behaviour

4.1 Mobile Payment Spend Analysis by Age Group

4.2 Mobile Payment Transaction Value and Volume Analysis by Income Group

4.3 Mobile Payment Transaction Value Analysis by Gender

4.4 Spend Analysis by Retail Categories, Value

5 Further Reading

For more information about this report visit http://www.researchandmarkets.com/research/7mkz9x/asia_pacific.


Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: M-Commerce

Eros International Announces Indian Subsidiary Results

MUMBAI, India--(BUSINESS WIRE)--Eros International PLC (NYSE:EROS) (“Eros”), a leading global company in the Indian film entertainment industry, announced today that it has released consolidated financial results by its majority-owned subsidiary, Eros International Media Limited for the fiscal fourth quarter and full year 2017. Please refer to the Bombay Stock Exchange website to view the results – www.bseindia.com.


About Eros International Plc

Eros International Plc (NYSE: EROS) is a leading global company in the Indian film entertainment industry that acquires, co-produces and distributes Indian films across all available formats such as cinema, television and digital new media. Eros International Plc became the first Indian media company to list on the New York Stock Exchange. Eros International has experience of over three decades in establishing a global platform for Indian cinema. The Company has an extensive and growing movie library comprising of over 3,000 films, which include Hindi, Tamil, and other regional language films for home entertainment distribution. The Company also owns the rapidly growing OTT platform Eros Now. For further information, please visit: www.erosplc.com.


Contacts

Eros International Plc
Mark Carbeck, +44 207 258 9909
Chief Corporate and Strategy Officer
mark.carbeck@erosintl.com
or
Sloane & Company
Erica Bartsch, 212-446-1875
ebartsch@sloanepr.com

Building Blocks for the Feed Industry: Oxea Expands Production Capabilities for Butyric Acid and Propionic Acid

MONHEIM AM RHEIN, Germany--(BUSINESS WIRE)--The global chemical company Oxea has successfully concluded a significant upgrade of its carboxylic acids production facility in Oberhausen, Germany. As a result, Oxea has enhanced the production output of short-chain fatty acids (SCFAs), such as propionic acid, butyric acid, and isobutyric acid. Oxea manufactures butyric and propionic acid in Animal Feed (AF) quality. These products are of high importance to the feed industry, which uses them as building blocks for feed materials that are free from antibiotic growth promoters, so called AGP-free feed. SCFAs from the upgraded unit in Oberhausen are handled under GMP+ B2 (Good Manufacturing Practice) and have received HACCP (Hazard Analysis Critical Control Point) certification to address requirements primarily in the animal feed sector.


Dr. Oliver Borgmeier, Vice President Operations Derivatives Europe & China at Oxea, explained the importance of the acid site upgrade: “The recent investment substantially increases global supply reliability for our customers. It enables additional units to produce our short chain fatty acids, and significantly improves the overall output of acids across our multi-site, multi-products acids platform.”

“With this upgrade, we are supporting the strong growth of animal feed acidifiers, which are key contributors to the development of animal diets free of antibiotic growth promoters. The demand for the required salts and esters of butyric acids and propionic acid, in particular in Asia and the Americas, to manufacture AGP-free animal feed is growing significantly,” stated Dr. Christoph Balzarek, Commercial Business Director Carboxylic Acids at Oxea.

“This upgrade at our Oberhausen site is just the first step towards further enhancement of our carboxylic acid capabilities in the short- and mid-term. We will further strengthen Oxea’s comprehensive carboxylic acids portfolio across all products and markets, which also include lubricants and synthetic fluids, ingredients for personal care applications, and paint and coating additives,” added Cristóbal Ascencio, Executive Vice President Derivatives. “The investment into our acids production facility in Oberhausen is yet another example of Oxea’s commitment to the selective growth strategy that our CEO Dr. Salim Al Huthaili is driving. We will continue to invest in our strong global production platforms and strengthen our product offerings,” concluded Ascencio.

About Oxea
Oxea is a global manufacturer of oxo intermediates and oxo derivatives, such as alcohols, polyols, carboxylic acids, specialty esters, and amines. These products are used for the production of high-quality coatings, lubricants, cosmetics and pharmaceutical products, flavorings and fragrances, printing inks and plastics. Oxea employs more than 1,400 people worldwide. Oxea is part of the Oman Oil Company S.A.O.C. (OOC), a commercial company wholly owned by the Government of Oman. Established in 1996, it pursues investment opportunities in the wider energy sector both inside and outside Oman. OOC plays an important role in the Sultanate's efforts to diversify the economy and to promote domestic and foreign investments. For more information about Oxea, visit www.oxea-chemicals.com.


Contacts

OXEA GmbH
Commercial contact
Dr. Christoph Balzarek
Commercial Business Director, Carboxylic Acids and Esters Value Chain
Phone: +49 (0)2173 9993-2984
feedacids@oxea-chemicals.com
or
Media contact
Thorsten Ostermann
Communications and Press Relations
Phone: +49 (0)2173 9993-3009
communications@oxea-chemicals.com

South Korea Web Application Firewall Solutions Market – Forecast to 2021 – Expected to Experience Steady Growth of 12.9% – Research and Markets

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "South Korea Web Application Firewall Solutions Market, Forecast to 2021" report to their offering.


The South Korean WAF market experienced steady growth of 12.9% on a YoY basis and generated $43.1 million in revenue in 2016.

The increased adoption from enterprises, especially the BFSI vertical, was seen in the market. With increased cyber-attacks on BFSI, the security awareness, especially on web security, is growing. This is because the BFSI vertical provides services primarily through web or financial services applications. Hence, BFSIs have upgraded their IT equipment to the newest and most high-end solutions. WAF security solutions have seen good adoption from the BFSI vertical.

The adoption from BFSI is not only focused on on-premises solution, but also includes cloud and hybrid solutions that include some advanced technologies, be it SSL or intelligent attack prevention. SMBs also increased their adoption of these services after the government's announcement of security guidelines increased their awareness on web security.

Companies Mentioned

  • Akamai
  • Alibaba Cloud
  • Barracuda Networks
  • Citrix Systems
  • DBApp Security
  • F5 Networks
  • Fortinet
  • Fujitsu
  • Imperva
  • JP Secure
  • KEMP Technology
  • MonitorApp
  • NEC
  • NSFOCUS
  • Penta Security Systems
  • Piolink
  • Qualys
  • Sangfor
  • Secure Sky Technologies
  • Trinity Soft
  • Venustech Zenedge

Key Topics Covered:

1. Market Overview

2. Forecasts and Trends

3. Growth Opportunities and Call to Action

4. WAF Solutions Vendor Analysis

5. The Last Word

6. Appendix

For more information about this report visit http://www.researchandmarkets.com/research/zqhppt/south_korea_web


Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: IT Security

India Web Application Firewall Solutions Market – Forecast to 2021 – Escalation of Sophisticated Attacks on Web Applications Driving Market Growth – Research and Markets

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "India Web Application Firewall Solutions Market, Forecast to 2021" report to their offering.


The India WAF solutions market grew by 49.5% on a YoY basis, generating market revenue of $7.9 million in 2016. The market size remained small as compared to other countries in APAC due to the lack of specific legislation on data breach disclosures or privacy protections to beef up security awareness despite the increasing number of cyber security threats in India.

Cloud-based WAF solutions clocked a robust growth of 82.2% and reached $3.1 million in 2016. The fast paced growth was contributed by the strong growth of the IT/ITes industry in India. Vertical-wise, the WAF solutions market in India continued to be dominated by the BFSI and e-Commerce verticals. Strong growth was observed in other verticals such as BPO and IT/ ITeS industries. These industries drove the WAF market at the growth rate of 106.8% on a YoY basis.

In addition to the market growth analysis, the study highlights the key driving forces for the WAF market. Key drivers include the increasing number of organizations shifting toward the Web front and the rising Internet penetration rate; the evolved threat landscape that results in greater concerns over data breaches; stricter requirements for industry compliances, and local regulations that drive organizations to invest more in measures for data protection and to avoid potential liability issues; and increasing migration from web application into the cloud observed from organizations.

Companies Mentioned

  • Akamai
  • Alibaba Cloud
  • Barracuda Networks
  • Citrix Systems
  • DBApp Security
  • F5 Networks
  • Fortinet
  • Fujitsu
  • Imperva
  • JP Secure
  • KEMP Technology
  • MonitorApp
  • NEC
  • NSFOCUS
  • Penta Security Systems
  • Piolink
  • Qualys
  • Sangfor
  • Secure Sky Technologies
  • Trinity Soft
  • Venustech Zenedge

Key Topics Covered:

1. Market Overview

2. Forecasts and Trends

3. Growth Opportunities and Call to Action

4. WAF Solutions Vendor Analysis

5. The Last Word

6. Appendix

For more information about this report visit http://www.researchandmarkets.com/research/cgz8m2/india_web


Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: IT Security

ORIX Auto to Begin Offering Japanese-style Rental Cars for Inbound Visitors to Japan

TOKYO--(BUSINESS WIRE)--ORIX Auto Corporation (“ORIX Auto”), a subsidiary of ORIX Corporation (“ORIX”), announced today that on May 26, it will begin offering Japanese-style rental cars for inbound visitors at the ORIX Rent a Car location closest to Kansai International Airport.



The Japanese-style rental cars will feature, on their exteriors, colorful wrapping that evokes scenes popular with foreign tourists, including maiko wearing colorful kimono and obi, and the beautiful cherry blossoms so emblematic of Japan. The interiors are also original, with seating designed to resemble traditional tatami mats, a classic feature of Japanese culture. To convey a sense of omotenashi, or Japanese hospitality, renters will be offered a special gift of an “Omotenashi Set,” which includes three pairs of slippers so that passengers can take their shoes off and relax while in the car; three colorful bottle covers; and a blanket.

Details and rental applications can be found at the dedicated sites for foreign visitors listed below:
English-language site: http://car.orix.co.jp/eng/campaign/jpstyle.html


Contacts

ORIX Auto Corporation
Yoko Yazaki, +81-3-6346-6030
Corporate Communications Department
yoko.yazaki.jv@orix.jp
Rent a Car Department https://car.orix.co.jp/eng/contacts/

League of Angels – Paradise Land Endorsed by Gal Gadot Launches on Mobile

LOS ANGELES--(BUSINESS WIRE)--#DianaPrince--GTarcade is proud to announce that League of Angels – Paradise Land, the company’s latest turn-based fantasy RPG endorsed by Hollywood superstar Gal Gadot, was launched on iOS and Android today.



Gal Gadot, known for her role as “Wonder Woman” Diana Prince in “Batman v Superman: Dawn of Justice” and the upcoming Wonder Woman film, is more than just an actress. Besides her successful film career, this real-life wonder woman has completed two years of military service, studied law, and received training in swordsmanship, kick-boxing, capoeira and Brazilian jiu-jitsu.

“She personifies beauty, strength, power and grace. That’s why Ms. Gal Gadot is the ideal spokesperson for the League of Angels universe,” said Liu Wanqin, Vice President of Youzu Interactive. As an online game platform, GTarcade is part of Youzu Interactive.

https://www.youtube.com/watch?v=7c3TyfXp9QM&index=2&list=PLQDS4J_kfvYC0mKSg0ZVf13gIhdkOCFo0

League of Angels-Paradise Land Trailer

The story of Paradise Land takes place in the world of Elysium, where a nefarious power has toppled the Angels’ rule. The strife between humans, elves and orcs has intensified even more. When the prophecy of the apocalypse spreads across the land, it gets woven into the fabric of fate. Legend says only the "Omega," an ancient relic of the Angels, has the power to alter the grim fate of the world and prevent its end.

The new turn-based RPG offers a spectacular gaming experience. With a senior art director from GTA5 overseeing the game’s design, players can expect beautiful 3D graphics and dynamic scenery that bring the game to life. Paradise Land also provides a unique and innovative RPG experience through multiple progression paths and a wide variety of gameplay, such as a dual-resource combat system. It offers players three different game modes: Adventure, Arena and Guild, which diversifies the gameplay.

“League of Angels is just full of surprises. You have never seen Angels like this. Form a mighty team of heroes and start your epic adventure. Thank you for a great day Youzu!” said Gal Gadot.

League of Angels - Paradise Land is the latest mobile title in the League of Angels series, which portrays a group of impressive super heroines. Its predecessors, such as League of Angels 2, have won various honors such as Facebook’s Best Web Games of 2016. Legacy of Discord - Furious Wings, another game published by GTarcade, has become the top-grossing mobile ARPG in Europe and the Americas. Paradise Land is highly likely to follow in their footsteps.

League of Angels – Paradise Land is available to play for free on the App Store and Google Play. Now embark on your epic journey and battle alongside Gal Gadot!

Additional Information:
Official Site: https://pl.gtarcade.com/
Facebook Fan Page: https://www.facebook.com/LoAParadiseLand/
GTarcade Game Platform: https://www.gtarcade.com


Contacts

Youzu Interactive
Vicky Hu, +86 (21) 3367-6512
jhu@youzu.com