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May 25, 2014

Online payment in India to cross $20B by 2015

Online payment industry to cross $20B by 2015 end led by IRCTC, Online Banking, Travel,Insurance and Financial Services   is said  to be forecast grow  40-45% in 2014-2016

"The digital payments industry is expected to grow at 40 per cent to reach Rs 120,120 crore ($20 billion) by the end of this year, according to a report by Internet and Mobile Association of India (IAMAI). Among the many use cases, online travel booking, financial services and e-tailing are the main purposes for using different modes of digital payments.

“Online travel industry, which includes air & train ticket bookings
hotel accommodations and tour packages contribute nearly 60 per cent of the digital payments. This is followed by financial services that comprises of online mobile recharge & DTH service, online tax filing, payment of insurance premiums, gas & electricity bills and e-tailing,” the report stated."

The 4 metros which include Delhi, Mumbai, Kolkata and Chennai are approximately 60 per cent of the total digital payment gateway market size. Next four metros – Bangalore, Hyderabad, Ahmadabad, Pune together contributes only 25 per cent to the total market size.

Tags :   India startup news, internet, mobile, e-commerce, software, online businesses, technology news, funding: 

The The Rise of the Big Big Data :What the Numbers Foretell

The Rise of the Big data

The Rise Of Big Data

The above inage shows Moonshadow Moonshadow Mobile’s data mapping and visualization in Real time .  These solutions are web-based, live “in the cloud” and have no specialized hardware requirements. 

The Rise of the Big data

  1. 12 Tearrabyte is a the size of total tweets a day
  2. Less that 0.50.5% data along the  digital highway is processed  , and only 36% of the big data can be be processed by “ existing technology”
  3. 90% digital data  beamed now  was generated in the last  past 2 years
  4. 32% growth in the Global  Bigdata Technology services market by 2016
  5. 36  Zettabytes was the quantum of  data the entire global IT technology will churn out  by 2020, according to McKinsey global projects.. In 2014 alone .. around 5 zettabytes will be added
  6. $100billion is the size of  the big data market globally by 2020. In 2025  IDC forecasts that big  data will be  a $25billion industry
  7. 92% of the  companies that was recently interviewed by Forbes agreed that lack  or presence of sufficient data  ultimately affect their ": work performance and  the presence of data almost always led to meet  their  goals

With 1.26 billion Mobile Users combined India and China account for 30% global users

Buoyed by expanding markets in India and China, global mobile subscriptions galloped to total around 6.3billion last year, with subscriptions growing at about 9% YoY growth according to a report by  Ericsson

According to theEricsson Mobility Report, total mobile subscription in China stood at 1.26 billion, while in India it was 713 million in 2012. The net additions in the Q4 of 2012 was 140 million.China accounted forabout 22 per cent of net additions, adding around 30 million subscriptions,followed by India (11 million), Bangladesh (9 million), Indonesia (8 million),and Nigeria (5 million), "Global mobile penetration reached 89 per cent in Q4 2012 and mobile subscriptions now total around 6.3 billion. 

However, the actual number of subscribers is around 4.4 billion, since many people have several subscriptions. China accounted forabout 22 per cent of net additions, adding around 30 million subscriptions, followed by India (11 million), Bangladesh (9 million), Indonesia (8 million), and Nigeria (5 million), it added.

May 24, 2014

World Region with the Lowest Density of Mobile Phones


This map shows the population without mobile phones in Sub-Saharan Africa. For every mobile phone, an additional .8 percentage point is added to GDP growth. The countries with the largest populations without mobile phones stand to gain the most from growing mobile penetration. 

May 23, 2014

Tablet sales to overtake PC +Smartphones by 2015 December

The tablet market has been an example of how technology adoption can be scaled a single market leader..Wha Apple did with iPad... has not  only made the market size bigger but  it reached to an   " unprecedented  heights..

As it  happens  behind every boom there are 1) competitors 2) Accessories market and 3) Cheap Immitators

While most Technology brands started coming up with their versions of " Tablet" Competitors and me too brands followed.. with some creating an exact knock down product,some replicating  the hardware and some the software of Apple's  iPad look and feel":

Four years since Apple introduced the iPad and launched the tablet craze, the U.S. tablet market is maturing. In that short time, tablets have become not only the new entertainment go-to, encroaching on the TV set’s dominance, but they are threatening to supplant the PC as these portable devices become shopping and productivity aids. Here are five charts that put it all into perspective"

Shipments of tablets worldwide is forecast to grow 38.6 percent to more than 349 million units in 2014 as mobile-first adoption catches on, according to Gartner research. By 2015, tablet sales are forecast to overtake those of PCs, whose sales will have declined 6.6 percent in 2014.