The modern financial world has evolved from a relatively resilient system to one that is highly interconnected and subject to cascading failures. For example, global banks have become increasingly interconnected, which means that a failure in one bank can have ramifications for many more. There are many potential triggers that could cause a domino effect including sovereign default, changes in international currency settlements regime, war, competitive currency debasement, and others.
This report evaluates the risk factors that may lead to a disruption in global commerce and the use of mobile payment systems to provide for continuity of commerce in such situations. Emphasis is placed on the need for independent back-office accounts, settlement and clearing mechanisms, and a flexible mobile wallet system. This report also provides a market overview and forecast for mobile payments.
- Social Commerce Vendors
- Mobile Network Operators
- Mobile Software Developers
- OSS/BSS Solution Providers
- Department of Homeland Security
- Handset and Tablet Manufacturers
- Mobile Payment Service Providers
- Content and Applications Aggregators
- Mobile Marketing and Advertising Providers
- Telecommunications Infrastructure Providers
Mind Commerce Publishing's research methodology encompasses input from a wide variety of sources.
We rely heavily upon our Subject Matter Experts (SME) in terms of their market knowledge, unique perspective, and vision. We utilize SME industry contacts as well as previous customers and participants in our market surveys and interactive interviews.
In addition, we rely upon our extensive internal database, which contains modeling, qualitative analysis, and quantitative data. We review secondary sources and compare to our primary sources to update previous findings (for prior version reports) and/or compile baseline information for technology and market modeling.
We share preliminary models with industry contacts (select previous clients, experts, and thought leaders) to verify the veracity of initial modeling. Prior to final report production (analysis, findings, and conclusions), we engage in an internal review with internal SMEs as well as cross-expertise, senior staff members to challenge results.
We believe that forecasts should be prepared as part of an integrated process which involves both quantitative as well as qualitative factors. We follow the following 3-step process for forecasting.
Step 1 - Forecasts Input:
The inputs for the present and historical revenues are derived from industry players. Financial and other quantitative data for individual sub-market categories are derived from original research and tested with interviews with major industry constituents.
Step 2 - Forecasting of Future Years:
Mind Commerce extends forecasts based on a variety of factors including demand drivers as well as supply side data. Key success factors and assumptions are considered.
Step 3 - Validation of Data:
The final step is to validate projections, which is accomplished in consultation with both internal and external industry experts, including both topic and regional experts. Adjustments are made to the forecasts based on factors identified throughout this process.