Tag "IDC"

Why It Is Time to Give Payments a Seat at the Table for E-Commerce Growth

E-commerce has evolved significantly in the last few years, ushering in an era of connected payments. This era is characterised by the emergence of innovative payment types, cutting-edge payment infrastructure, and novel business models. A key symptom of the connected

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Digital Payments to Fuel 100% Growth in Southeast Asia’s E-Commerce Market

Southeast Asia is anticipating a 100% expansion in its e-commerce market over the next five years, driven by accelerated digital payments growth, led by Buy Now Pay Later (BNPL), mobile wallets, domestic payments, and credit cards. SEA leads in digital

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IDC Fintech Rankings 2022: The Most Valuable and Impactful Fintech Companies

Market intelligence firm IDC has published the 2022 IDC Fintech Rankings, a listing of technology providers based on calendar year revenues from financial institutions for hardware, software, and/or services. The providers featured supply the technological backbone of the financial services industry, an industry

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APAC Banks Race to Revitalise Their Digital Transformation Programmes

The second edition of the Fintech and Digital Banking 2025 in Asia Pacific report by IDC commissioned by Backbase, reveals that APAC banks are going back to the drawing board on their digital transformation programs. Digital banking fitness has been

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Microsoft and IDC Joint Study Examines Culture of Innovation in the Financial Industry

Despite the challenges and disruptions of COVID-19, the regional Financial Services Industry (FSI) has continued to forge ahead and accelerate the pace of digitisation in response to the pandemic, according to the joint study by Microsoft and IDC. Unveiling the

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IDC Reports Worldwide Blockchain Spending to Slow Down to US$ 4.3 Billion in 2020

According to the April update of the IDC Worldwide Blockchain Spending Guide Worldwide and Asia Pacific blockchain spend will decline in 2020 as compared to the pre-COVID-19 forecast scenario. The report captures data from all Asia Pacific countries except Japan.

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Artificial Intelligence to Nearly Double the Rate of Innovation in Singapore by 2021

By 2021, Artificial Intelligence (AI) will allow the rate of innovation and employee productivity improvements in Singapore to nearly double  according to business leaders in Singapore. The study from Microsoft and IDC Asia/Pacific, Future Ready Business: Assessing Asia Pacific’s Growth

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Asia Pacific Augmented and Virtual Reality Spending to Reach USD 11.1 Billion in 2018

Asia Pacific (excluding Japan) spending on augmented reality and virtual reality (AR/VR) is forecast to reach US $11.1 billion in 2018, an increase of more than 100% from $4.6 billion the previous year. The latest update of IDC’s Worldwide Semiannual Augmented

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Smart City Asia Pacific Awards 2018 – Opens for Public Voting

IDC Government Insights Asia Pacific opens public voting in its search for the top smart city initiatives in the region (excluding Japan) for the fourth straight year. Out of over 180 smart city project submissions coming from local governments and

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Smartwatches to Have More Than Just Fifteen Minutes of Fame

Worldwide shipments of wearable devices are on track to grow 15.1% in 2018, totaling 132.9 million units over the course of the year. The overall market is also expected to deliver a compound annual growth rate (CAGR) of 13.4% over

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