Insight Report - Running a Family Business, New Report Launched

Family businesses continue to be a fundamental source of private wealth creation, and a key engine driving the world economy. Despite their dominance, the topic is relatively underresearched in terms of wealth management due to a lack of official data. Family businesses in developing countries are typically first-generation firms, whereas those in Europe are more likely to be in their fourth or fifth generations. Demand for wealth management is higher from family businesses in developed economies, as business owners in developing economies prefer to limit the entry of external advisors. The report also highlights that succession planning services are gaining prominence in developed economies, representing new opportunities for wealth managers and private bankers.

This report provides insights into family businesses and the role of wealth managers in key developed and emerging economies. It analyzes key market trends, industry concentration, family business owners’ wealth, succession planning, and the role of wealth managers in family businesses. The report also highlights new market opportunities for wealth managers and private bankers in the developed and emerging economies studied. It uses Publisher’s proprietary HNWI database comprising 100,000 individuals.

Scope

The report includes the following:

• A global snapshot of family business dynamics
• Key market trends and industry concentration of family businesses in selected developed and emerging economies
• Family succession and the role of wealth managers in key developed and emerging economies
• Key issues and challenges facing family firms in selected developed and emerging economies

Reasons to Buy

• Make robust business decisions and build better business strategies using the latest insight information on the role of wealth management in family businesses.
• Understand the importance of family businesses and the role of wealth mangers in advising family firms’ assets and succession planning, and address the implications of these issues in the wealth management sector.
• Be informed about key market trends relating to family businesses in selected developed and emerging economies, and address each accordingly.
• Understand the industry concentration of family businesses in both developed and emerging economies, as well family business owners’ wealth and succession planning, and develop the latest strategies to meet clients’ needs.

Key Highlights

• Most family businesses in emerging economies are first-generation firms, and are at early stages of their lifecycles. Approximately 38% of all listed firms in emerging Asia-Pacific markets were only listed on the stock market after 2000.
• Demand for wealth management is higher from family businesses in developed economies, but is limited in emerging countries: families in emerging countries prefer to limit the entry of outsiders, even as advisors, in their businesses.
• Succession planning services are gaining prominence in developed economies.
• Family-owned but professionally managed firms expected to grow in emerging countries.

Spanning over 68 pages, “Insight Report: Running a Family Business” report covering the Introduction, Executive Summary, Global Snapshot of Family Business Dynamics, Developed Economies, Emerging Economies. The report covered few companies are - Credit Suisse, PwC, Walmart, Ford, Volkswagen, Reliance and BMW, Barings Bank, De Beers, Business Consulting Groups, Hubler, Continuity Family Business Consulting

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Future of the Colombian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019, New Report Launched

The Future of the Colombian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019 report provides readers with a detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

Key Findings

• Over the historic period, Colombian defense expenditure registered a growth rate of 7.70%, increasing from US$5.2 billion in 2010 to US$7.1 billion in 2014
• Colombia's military expenditure, valued at US$7.5 billion in 2015, is expected to increase to US$9.4 billion by 2019, registering a CAGR of 5.64% over the forecast period
• Colombia's military expenditure will be driven by the threat from Venezuela, threat from rebel groups and development of domestic industry
• The Defense Ministry is expected to procure fighters and multi-role aircraft, transport and utility aircraft, main battle tank, infantry fighting vehicles and armored personnel carriers

Synopsis

This report offers detailed analysis of Colombia's defense industry with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants

In particular, it provides an in-depth analysis of the following:

• Colombian defense industry market size and drivers: detailed analysis of the Colombian defense industry during 2015-2019, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country's expenditure and modernization patterns
• Budget allocation and key challenges: insights into procurement schedules formulated within the country and a breakdown of the defense budget with respect to the army, navy, and air force. It also details the key challenges faced by defense market participants within the country
• Porter's Five Force analysis of the Colombian defense industry: analysis of the market characteristics by determining the bargaining power of suppliers, bargaining power of buyers, threat of substitutions, intensity of rivalry, and barriers to entry
• Import and Export Dynamics: analysis of prevalent trends in the country's imports and exports over the last five years
• Market opportunities: details of the top five defense investment opportunities over the coming 10 years
• Competitive landscape and strategic insights: analysis of the competitive landscape of the Colombian defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.

Reasons to Buy

• This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Colombian defense industry market trends for the coming five years
• The market opportunity section will inform the user about the various military requirements that are expected to generate revenues during the forecast period. The description includes technical specifications, recent orders, and the expected investment pattern by the country during the forecast period
• Detailed profiles of the top domestic and foreign defense manufacturers with information about their products, alliances, recent contract wins and financial analysis wherever available. This will provide the user with a total competitive landscape of the sector
• A deep qualitative analysis of the Colombian defense industry covering sections including demand drivers, Porter's Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts

Spanning over 132 pages, “Future of the Colombian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019” report covering the Introduction, Executive Summary, Market Attractiveness and Emerging Opportunities, Defense Procurement Market Dynamics, Industry Dynamics, Market Entry Strategy, Competitive landscape and Strategic Insights, Business Environment and Country Risk, Appendix. The report covered compnies are - Industria Militar, Sudamin Aeronautica y Defensa, Cotecmar

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Finland's Cards and Payments Industry - Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape, New Report Launched

The European debt crisis had a profound effect on Finland’s economy, with GDP contracting by 1.4% in 2013. The subdued economic development from 2009 onwards had a dampening effect on the overall cards and payments industry during the review period (2009–2013). As the country entered into a recession for the third time in 2014, economic recovery is anticipated to be sluggish, which is likely to impede the cards and payments industry’s growth over the forecast period (2014–2018).

In terms of number of cards in circulation, the Finnish payment cards instrument, including debit, credit and charge cards, registered positive growth during the review period, recording a compound annual growth rate (CAGR) of 2.03%, increasing from 10.6 million cards in circulation in 2009 to 11.4 million in 2013. In terms of transaction value, payment cards valued EUR56.6 billion (US$75.1 billion) in 2013, after registering a review-period CAGR of 3.27%.

Improved banking infrastructure, new product developments, and higher awareness of electronic payments and wider acceptance of payment cards at point-of-sale (POS) terminals were key factors driving growth. The adoption of Europay, MasterCard and Visa (EMV) standards and the emergence of contactless technology supported this growth.

The average transaction value (ATV) in Finland was US$54.1 in 2013, which was the lowest among Nordic countries such as Norway, Denmark and Sweden, which recorded ATVs of US$68.3, US$56.6 and US$55 respectively. In terms of card penetration, Norway had the highest level of penetration with 3.6 cards per inhabitant, followed by Sweden with 2.3, Denmark with 2.4 and Finland with 1.5.

Despite having one of the smallest populations in the eurozone, Finland leads the world in terms of frequency of use of payment cards. Finland recorded the highest frequency of use in 2013, with 172.8 transactions per card, followed by Denmark with 159.2, Sweden with 114.1, the Netherlands with 107.1, and Australia with 96.6. According to a 2013 study by the Federation of Finnish Financial Services, two-thirds of Finns use payment cards for regular purchases at grocery stores, supermarkets and gas stations. With the government’s proposed reforms to be introduced in late 2014, making it compulsory for retailers to offer electronic options for small-value payments, the frequency of use is anticipated to accelerate further over the forecast period.

The report provides top-level market analysis, information and insights into Finland's cards and payments industry, including:

• Current and forecast values for each category of Finland's cards and payments industry, including debit cards, credit cards and charge cards
• Comprehensive analysis of the industry’s market attractiveness and future growth areas
• Analysis of various market drivers and regulations governing Finland's cards and payments industry
• Detailed analysis of the marketing strategies adopted for selling debit, credit and charge cards used by banks and other institutions in the market
• Comprehensive analysis of consumer attitudes and buying preferences for cards
• The competitive landscape of Finland's cards and payments industry

Scope

• This report provides a comprehensive analysis of Finland's cards and payments industry.
• It provides current values for Finland's cards and payments industry for 2013, and forecast figures for 2018.
• It details the different economic, infrastructural and business drivers affecting Finland's cards and payments industry.
• It outlines the current regulatory framework in the industry.
• It details the marketing strategies used by various banks and other institutions.
• It profiles the major banks in Finland's cards and payments industry.

Reasons to Buy

• Make strategic business decisions using top-level historic and forecast market data related to Finland's cards and payments industry and each market within it.
• Understand the key market trends and growth opportunities within Finland's cards and payments industry.
• Assess the competitive dynamics in Finland's cards and payments industry.
• Gain insights in to the marketing strategies used for selling various card types in Finland.
• Gain insights into key regulations governing Finland's cards and payments industry.

Key Highlights

Contactless payments are being rolled out across the country, in areas such as public transport systems and at retail merchants. In 2012, Elisa issued prepaid stickers to students using near-field communication (NFC) technology in association with MasterCard, and benefit and discount card Lyyra. These stickers were issued to more than 100,000 students, and can be used in college canteens and at other stores where contactless terminals are installed.

Spanning over 86 pages, “Finland's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape” report covering the Key Facts and Events, Executive Summary, Payment Instruments, Market Attractiveness and Future Prospects of Cards and Payments, Analysis of Cards and Payments Industry Drivers, Emerging Consumer Attitudes and Trends, Payment Cards, Debit Cards, Credit Cards, Charge Cards, Commercial Cards, Regulations in the Cards and Payments Industry, Card Fraud Statistics, Card Issuers, Card Schemes, Appendix. The report covered companies are - Nordea Bank, OP-Pohjola Group, Danske Bank, Bank of Åland, Handelsbanken, MasterCard, Visa, American Express, Diners Club

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Construction in Venezuela - Key Trends and Opportunities to 2018, New Report Launched

The Venezuelan construction industry increased in value at a compound annual growth rate (CAGR) of 29.17% in nominal terms during the review period (2009–2013). This growth was supported by a large-scale housing program undertaken by the government, infrastructure projects in railways and energy, and continuation of social spending initiatives. The construction industry is expected to fare slightly better over the forecast period (2014–2018), as a result of an anticipated economic recovery, the government’s focus on residential construction, and improved export demand. The industry is anticipated to post a forecast-period CAGR of 22.53%. However, with high inflation in the country, the industry’s output growth rate in real terms is expected to be lower over the forecast period.

This report provides detailed market analysis, information and insights into the Venezuelan construction industry, including:

• The Venezuelan construction industry's growth prospects by market, project type and type of construction activity
• Analysis of equipment, material and service costs across each project type within Venezuela
• Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Venezuelan construction industry
• Profiles of the leading operators in the Venezuelan construction industry
• Data highlights of the largest construction projects in Venezuela

Scope

This report provides a comprehensive analysis of the construction industry in Venezuela. It provides:

• Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Venezuela using construction output and value-add methods
• Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
• Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
• Analysis of key construction industry issues, including regulation, cost management, funding and pricing
• Detailed profiles of the leading construction companies in Venezuela

Reasons to Buy

• Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies
• Assess market growth potential at a micro-level with over 600 time-series data forecasts
• Understand the latest industry and market trends
• Formulate and validate business strategies using Timetric's critical and actionable insight
• Assess business risks, including cost, regulatory and competitive pressures
• Evaluate competitive risk and success factors

Key Highlights

• According to the country’s office of national statistics, Instituto Nacional de Estadística (INE), the construction industry’s contribution to the country’s GDP declined from 8.0% in 2012 to 7.7% in 2013. Moreover, the construction industry’s output at constant prices declined by 2.3%, from VEF4.9 billion (US$1.1 billion) in 2012 to VEF4.8 billion (US$783.5 million) in 2013, due to the deteriorating business environment, currency depreciation and high inflation. Forecast-period growth in the industry is expected to be supported by the government’s Great Housing Mission, a social spending program introduced by the government in 2011.
• In a bid to stimulate the country’s housing market and maintain a balance between supply and demand for affordable housing, the government introduced a new housing law in March 2014. Under the new law, a homeowner who has three or more housing units, with a rented unit for more than 20 years, is obliged to sell their rental units to tenants at a fair price. The law is expected to reduce the monopoly in the housing market and provide a solution to low-income families’ housing problems. The government believes that the new law will tackle a chronic housing shortage, which will support the growth of residential construction market over the forecast period.
• In September 2014, a series of cooperation agreements were signed between the Venezuelan government and the Chinese government to develop the housing market. Accordingly, under the Chinese-Venezuela Fund, VEF16.5 billion (US$2.0 billion) will be invested in the Venezuelan housing market.
• In March 2014, China and Russia agreed to finance Venezuela with VEF57.8 billion (US$7.0 billion) to develop domestic infrastructure and oil projects. Accordingly, China agreed to provide a VEF41.3 billion (US$5.0 billion) loan under the China-Venezuela Fund, which will be used to finance large infrastructure projects. A VEF16.5 billion (US$2.0 billion) memorandum of understanding (MoU) was signed between Russia’s state-run OAO Rosneft and Venezuela to finance oil projects. This is expected to drive growth in the infrastructure construction market over the forecast period.
• With the aim of increasing oil production to 6 million barrels per day by 2019, PDVSA signed an agreement with France’s Perenco, an oil and gas company, in March 2014 to develop oil wells. The total investment for this project is anticipated to be VEF3.5 billion (US$420.0 million) and is expected to support growth in the energy infrastructure construction over the forecast period.

Spanning over 66 pages, “Construction in Venezuela – Key Trends and Opportunities to 2018” report covering the  Executive Summary, Market Overview, Commercial Construction, Industrial Construction, Infrastructure Construction,  Institutional Construction, Residential Construction, Company Profile: Constructora Norberto Odebrecht de Venezuela C.A., Company Profile: Tecnoconsult, SA, Company Profile: Vepica C.A., Company Profile: The Y&V Group, Company Profile: Inelectra SAC.A., Market Data Analysis, Appendix. The report covered companies are - Constructora Norberto Odebrecht de Venezuela CA, Tecnoconsult, SA, Vepica CA, The Y&V Group, Inelectra SACA

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Construction in Algeria - Key Trends and Opportunities to 2018, New Report Launched

The Algerian construction industry increased at a compound annual growth rate (CAGR) of 9.89% during the review period (2009−2013), in nominal terms. This growth was supported by private and public investment in infrastructure, residential, commercial and institutional construction projects in an effort to diversify the country’s economy and reduce its dependence on oil. Under the Five-Year Plan (2010–2014), the government is investing heavily in infrastructure construction in order to enhance transport across Algeria. Consequently, the industry is expected to continue to progress at a healthy pace over the forecast period (2014–2018), registering a CAGR of 8.15%.

This report provides detailed market analysis, information and insights into the Algerian construction industry including:

• The Algerian construction industry's growth prospects by market, project type and type of construction activity
• Analysis of equipment, material and service costs across each project type in Algeria
• Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Algerian construction industry
• Profiles of the leading operators in the Algerian construction industry
• Data highlights of the largest construction projects in Algeria

Scope

This report provides a comprehensive analysis of the construction industry in Algeria. It provides:

• Historical (2009–2013) and forecast (2014–2018) valuations of the construction industry in Algeria using construction output and value-add methods
• Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
• Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
• Analysis of key construction industry issues, including regulation, cost management, funding and pricing
• Detailed profiles of the leading construction companies in Algeria

Reasons to Buy

• Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies
• Assess market growth potential at a micro-level with over 600 time-series data forecasts
• Understand the latest industry and market trends
• Formulate and validate business strategies using Timetric's critical and actionable insight
• Assess business risks, including cost, regulatory and competitive pressures
• Evaluate competitive risk and success factors

Key Highlights

• Algeria, a middle-income economy, is heavily dependent on its hydrocarbons industry. Oil and natural gas are the major growth drivers, accounting for 30.0% of GDP, 60.0% of budget revenues and over 95.0% of the export earnings in 2013. The government has actively pursued a policy of diversification, and imposed restrictions on imports and the involvement of foreign enterprises, with the aim of reducing its dependence on oil. The five-year development plans are being implemented to encourage investments in non-oil and gas industrial activities in order to bolster the private sector, attract foreign investment, and provide adequate employment opportunities for younger Algerians.
• As part of the 2010–2014 five-year plan, a number of health projects were proposed, resulting in the establishment of 1,500 health facilities, which includes the construction of 1,000 health centers, 172 hospitals, 377 clinics, 45 specialized health complexes and 70 specialized institutions for disabled persons. The Algerian healthcare sector received significant investments during the review period, and is expected to continue receiving these over the next five years.
• To support the development of the energy sector and the construction of new power plants, the government introduced the feed-in tariff (FiT) scheme for the development of large-scale PV power plants. This new scheme aims to help the government in meeting its goal of 800.0MW of solar capacity by 2020, as well as that of installing 22,000.0MW of renewable energy capacity by 2030.
• In April 2013, Sonatrach, the Algerian national oil company, announced to invest DZD6.3 trillion (US$80.0 billion) in hydrocarbon industry, to enhance downstream and upstream activities in the industry. As part of this investment, Algeria aims to construct four refineries over the forecast period, valuing DZD1.2 trillion (US$15.0 billion) overall.
• To improve the country’s drinking water distribution system, wastewater treatment, and water pollution control, the Algerian government allocated DZD1.5 trillion (US$20.0 billion) under its five-year infrastructure program (2010–2014). The country’s government plans to invest DZD746.3 billion (US$10.0 billion) on the construction of 32 dams and 25 water transfer systems, DZD74.6 billion (US$1.0 billion) on 40 wastewater treatment plants, DZD52.2 billion (US$700.0 million) on irrigation and drainage projects and DZD74.6 billion (US$1.0 billion) on improving water distribution systems for 37 cities. All these projects are expected to support the growth of the water infrastructure category, which is anticipated to register a forecast-period CAGR of 9.18%.

Spanning over 65 pages, “Construction in Algeria - Key Trends and Opportunities to 2018” report covering the Executive Summary, Market Overview, Commercial Construction, Industrial Construction, Infrastructure Construction, Institutional Construction, Residential Construction, Company Profile: Groupe ETRHB HADDAD, Company Profile: Orascom Construction Industries Algeria, Company Profile: SNC-Lavalin Algerie EURL, Company Profile: Cosider-Groupe Spa, Company Profile: GCB SPA, Market Data Analysis, Appendix. The report covered companies are - Groupe ETRHB Haddad, Orascom Construction Industries Algeria, SNC-Lavalin Algerie EURL, Cosider-Groupe SpA, GCB SpA

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Base Metals Mining in Chile to 2020 - a Focus on the Copper Industry, New Report Launched

Chile’s copper mine production in 2013 was 5.8 million tonnes (Mt), with the majority originating from the Antofagasta region. Copper mine production is projected to increase over the forecast period, with commencements of new projects and expansions at existing mines. The country’s copper mining industry is mostly export-oriented and domestic consumption is very low.

Base Metals Mining in Chile to 2020 – a Focus on the Copper Industry comprehensively covers the country’s historical and forecast data on base metals (copper) mine production, consumption and trade to 2020 and reserves by geographical region. The report also includes drivers and restraints affecting the industry, profiles of major base metals mining companies, information on the major active, exploration and development projects and regulations governing the industry.

Scope

The report contains an overview of Chile's copper mining industry together with the key growth factors and restraints affecting the industry. It also provides information about reserves, production, consumption, prices, trade, the competitive landscape and major active, exploration and development projects.

Reasons to Buy

Gain an understanding of the Chilean copper mining industry, the relevant drivers and restraining factors, reserves, historic and forecast production, consumption, prices, trade and, the competitive landscape and its fiscal regime.

Key Highlights

• The mining industry is the mainstay of the Chilean economy, with copper being the most important commodity. Significant investments worth US$112.5 billion, of which copper mining accounts for 30 projects valued at US$86.7 billion, are expected to drive the copper mining industry over the forecast period (2013–2021).
• However, falling ore grades, increasing depth of mines, scarcity of skilled mining labor and severe power shortages are major challenges faced by the copper mining industry in Chile.
• New copper projects and capacity additions at operating mines will help Chilean copper mine production to grow over the forecast period. Codelco and other operators aim to commence a number of copper projects. The Sierra Gorda project of KGHM Polska Miedz SA, Sumitomo Metal Mining Co. Ltd and Sumitomo Corporation, with production capacity of 220,000t, and Pan Pacific Copper Co. Ltd’s Caserones project began operations in 2014.
• The mining industry is Chile’s largest consumer of electricity, and consumption increased during the last decade; and with upcoming projects, the government predicts severe power shortages by 2017. Energy costs in Chile are high and around 33.3% of demand comes from mining.

Spanning over 36 pages, “Base Metals Mining in Chile to 2020 - a Focus on the Copper Industry” report covering the  Executive Summary, Base MetalS Mining in Chile, Base Metals Mining in Chile – Drivers and Restraints, Copper Mining In Chile – Reserves, Production, Consumption and Trade, Competitive Landscape, Fiscal Regime, Appendix. Thr report covered companies - Corporacion Nacional del Cobre de Chile, Minera Escondida Limitada

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Austria's Cards and Payments Industry - Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape, New Report Launched

Austria has a highly developed payment infrastructure, providing substantial growth opportunities for the cards and payments industry. The country’s highly developed and well regulated financial system provided scope for the development of electronic payment systems. As consumers became aware of the benefits of electronic payments, the use of cash has registered a review-period (2009–2013) downturn. With anticipated economic recovery, an increase in disposable incomes and employment levels, as well as the proliferation of new technologies in the payment cards market, this is anticipated to provide further impetus to electronic payments over the forecast period (2014–2018), thus benefitting the cards and payments industry.

Credit transfers and direct debit payments were the preferred payment instruments, having a combined industry share of 95.3% in terms of transaction value, while payment cards accounted for just a 1.1% share in 2013. The use of cash is continuously decreasing and its share fell during the review period, going from 4.1% in 2009 to 3.1% in 2013.

In terms of the number of cards in circulation, Austrian payment cards (including debit, credit and charge cards) registered a positive growth during the review period, recording a compound annual growth rate (CAGR) of 2.46%, increasing from 10.3 million in 2009 to 11.4 million in 2013. In terms of transaction value, payment cards valued EUR51.3 billion (US$68.1 billion) in 2013, after registering a review-period CAGR of 4.43%. Improved banking infrastructure, new product developments, a higher awareness of electronic payments and wider acceptance of payment cards at POS terminals were the key factors driving growth. The adoption of Europay, MasterCard and Visa (EMV) standards, as well as the emergence of contactless technology, also supported the industry’s growth.

In 2013, the average transaction value (ATV) in Austria was US$101, which was the eighth highest in the European region. Greece recorded the highest ATV, with US$227.6, followed by Switzerland (US$156.6), Italy (US$141.2), Germany (US$131.5), Luxembourg (US$121.2), Ireland (US$106.4) and Romania (US$104.3). In terms of card penetration, Austria recorded 1.34 cards per inhabitant in 2013, followed by Croatia (1.96), Sweden (2.28), the UK (2.46), Norway (2.53) and Luxembourg (4.17).

With the onset of the European debt crisis, the majority of consumers redefined their spending habits, refraining from making unnecessary expenditure. In terms of frequency of use, Austria recorded 59.1 transactions per card in 2013, followed by Norway (122.9), France (127.8), Estonia (149.4), Denmark (159.2) and Finland (172.8).

In terms of transaction value, debit cards remained the preferred type of payment card during the review period. Owing to the European debt crisis and uncertain economic conditions, the majority of Austrian consumers preferred to use debit cards for purchases, in order to keep a check on expenses. Consequently over the review period, the debit cards market registered growth in terms of the number of cards in circulation, transaction value and volume. Additionally, a very unique feature of Austrian debit cards is the availability of the ‘Quick’ function. All Maestro debit cards are enabled with this function, allowing cardholders to load amounts of up to EUR400 (US$530.3) at any ATM or specific terminal.

The report provides top-level market analysis, information and insights into Austria's cards and payments industry, including:

• Current and forecast values for each category of Austria's cards and payments industry, including debit cards, credit cards, charge cards and prepaid cards
• Comprehensive analysis of the industry’s market attractiveness and future growth areas
• Analysis of various market drivers and regulations governing Austria's cards and payments industry
• Detailed analysis of the marketing strategies adopted for selling debit, credit, charge and prepaid cards used by banks and other institutions in the market
• Comprehensive analysis of consumer attitudes and buying preferences for cards
• The competitive landscape of Austria's cards and payments industry

Scope

• This report provides a comprehensive analysis of Austria's cards and payments industry.
• It provides current values for Austria's cards and payments industry for 2013, and forecast figures for 2018.
• It details the different economic, infrastructural and business drivers affecting Austria's cards and payments industry.
• It outlines the current regulatory framework in the industry.
• It details the marketing strategies used by various banks and other institutions.
• It profiles the major banks in Austria's cards and payments industry.

Reasons to Buy

• Make strategic business decisions using top-level historic and forecast market data related to Austria's cards and payments industry and each market within it.
• Understand the key market trends and growth opportunities in Austria's cards and payments industry.
• Assess the competitive dynamics in Austria's cards and payments industry.
• Gain insights in to the marketing strategies used to sell various card types in Austria.
• Gain insights into key regulations governing Austria's cards and payments industry.

Spanning over 92 pages, “Austria's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape” report covering the  Key Facts and Top Events, Executive Summary, Payment Instruments, Market Attractiveness and Future Prospects of Cards and Payments, Analysis of Cards and Payments Industry Drivers, Emerging Consumer Attitudes and Trends, Payment Cards, Debit Cards, Credit Cards, Charge Cards, Commercial Cards, Regulations in the Cards and Payments Industry, Card Fraud Statistics, Card Schemes, Appendix. The report covered companies are - Raiffeisen Bank, Bank Austria, Erste Bank, Bawag PSK, Volksbank AG, MasterCard, Visa, American Express

Know more about this report at – http://mrr.cm/ZVz