|
It is predicted that during the next five years, for nearly 2.2 billion users of mobile phones throughout the world, eight financial applications for mobile phones are projected to become a way of life. Insight Research Corporation released this information based on current research. According to their recent market analysis study, there will be a benefit of nearly $124 billion to application developers and cell phone companies who succeeded in providing access to these eight mobile financial applications, during the forecasted period.
Insight Research Corporation is a provider of strategic analysis and market research to the telecom industry. As a means of competitive analysis and to develop strategic telecom information Insight Research Corporation provides assistance to financial institutions, Telecom carriers, mobile platform providers, transmission and switching equipment vendors, and software developers.
The name of the Insight Research Corporation report is The Mobile Phone and Financial Applications Worldwide, 2009-2014. The study includes information regarding eight selected mobile financial services. Projections indicate that for these eight carriers, the cumulative number of users subscribing independently to each will during the period 2009-2014, more than triple.
A unique set of factors regarding each application are included in the report, factors that influence each carriers market acceptance and market prospects even though all the applications run on the mobile phone, the same end-user device. In the report, several mobile applications were examined, examples being mobile credit cards, stock market trading, mobile bar coding, banking, mobile online gambling retail applications, and mobile peer-to-peer applications.
Insight Research Corporation President Robert Rosenberg, following his noting that we are presently in the midst of a world wide recession, describes his company’s analysis as suggesting that the eight cell phone financial applications that are examined in the study as forming a part of the solution. He explains in a positive vein that after the recession ends, the global financial system will come out stronger and more closely integrated. He adds that the cell phone's new financial transaction capabilities will form a vital and relevant part of the foundation of this recovery.
You can go online to the Insight Research Corporation website to receive a free report excerpt, including table of contents, and information for ordering the report.
Back to Lastest Gambling News
Back to Gambling
News Archive
Back to Gambling News - May 2009 Archive
|
7Sultans
Casino
