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eBanking in Asia-Pacific - towards multichannel value creation

Product Type: Market Research Report
Published by: Datamonitor
Published: December 2001
Product Code: R313-9097
Description
The aim of this brief is to provide an overview of the retail eBanking market in seven key Asia-Pacific markets - Australia, China, Hong Kong, India, South Korea, Singapore and Japan. It will examine trends in customer uptake and technology expenditure for the region as a whole, and then drill down into country-specific trends, segmenting the various markets according to consumer uptake and the sophistication of strategies being adopted by banks. Finally, the brief details the key trends that will shape the development of eBanking services in the region in the near to medium term.
Table of Contents












ABOUT DATAMONITOR



ACTION POINTS



Outline of the brief



Four key things you need to know about eBanking in Asia-Pacific



Banks need to think of eBanking as part of a multichannel distribution strategy



- standalone players require strong differentiation



A truly customer-centric infrastructure is essential for Asian banks in order to



create real value from eBanking



Banks in emerging markets need to execute the basics well, whereas those in more



advanced markets should move to the next level of functionality



Vendors should concentrate on Korea and Australia as the biggest short-term



growth opportunities



Justification



Introduction - eBanking in context



eBanking adoption in Asia-Pacific



eBanking technology - the next five years



Country-specific trends



Australia



Singapore



Japan



Hong Kong



South Korea



India



China



THE FUTURE DECODED



Three trends for the future



The multichannel approach will win out in Asia - if supported by a fully



integrated infrastructure



mBanking has more long-term potential



Australia - an example to Asia and beyond



APPENDIX



Future readings



Contact the author:



Contact Datamonitor Asia-Pacific:



How to contact experts in your industry



(c) Datamonitor 2001. All Rights Reserved.









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