|By PR Newswire||
|April 17, 2014 03:50 AM EDT||
DUBLIN, April 17, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/f2725r/global_mbanking) has announced the addition of the "Global M-Banking Market Report" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
With the fast paced world, both money and time are becoming increasingly scarce. People seek platforms which are user-friendly and time-saving for conducting their transactions. In response to this, the banks and financial institutions have evolved and innovated newer platforms such as m-banking considering the convenience of the people.
Mobile banking has been a revolution in the banking and payments industry. The high penetration of mobile phone and the growing acceptance has played an instrumental role in the growth of the market in the last decade.
The analysts forecast the Global Mobile Banking market to grow at a CAGR of 22.47 percent over the period 2012-2016. Mobile phones have become an integral part of people's life. Most of their behavioral aspects and needs can be mapped with the help of their mobile related activities.
Paucity of time and user-friendly interface of smartphones has fueled the growth of m-banking market. This provides convenience to the customers and it is the reason for their growing inclination towards m-banking. It discusses in detail about its ecosystem, value chain, key drivers, restraints and the opportunities available in this segment and also about the deployment technologies and regulatory trends. However, the growth trajectory is grappling with some serious challenges. One of major problems in the market is the infrastructure and cost barriers.
The geographical segmentation of the Global M-Banking market has been explained in the report by demarcating the spread between developing and developed nations and the factors attributing to it.
The high penetration of mobile phone and the growing acceptance has played an instrumental role in the growth of the market in the last decade. According to the report, the user-friendly interface of smartphones has fueled the growth of m-banking market. This provides convenience to the customers and it is the reason for their growing inclination towards m-banking.
Further, the report states that one of major problems in the market is the infrastructure and cost barriers. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
1. Executive Summary
3. Bright Future Ahead
4. Different M-banking Channels
5. The Americas and Europe Were the Early Adopters
6. What Interests People: Paucity of Time is the Growing Concern for People
7. What is in it for Banks: Reduction in Infrastructure Costs for Banks
8. Lack of Demand Has Been One of the Hiccups for Banks
9. Regulatory and Trade Associations Involved
10. Leading Players
11. Other Reports in this Series
- JP Morgan Chase
- La Caixa
For more information visit http://www.researchandmarkets.com/research/f2725r/global_mbanking
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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