Bulgaria’s Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape; New Report Launched

The report provides top-level market analysis, information and insights into Bulgaria’s cards and payments industry, including:

  • Current and forecast values for each category of Bulgaria’s cards and payments industry, including debit cards, credit cards and prepaid cards
  • Comprehensive analysis of the industry’s market attractiveness and future growth areas
  • Analysis of various market drivers and regulations governing Bulgaria’s cards and payments industry
  • Detailed analysis of marketing strategies adopted for selling debit, credit and prepaid cards used by banks and other institutions in the market
  • Comprehensive analysis of consumer attitudes and buying preferences for cards
  • The competitive landscape of Bulgaria’s cards and payments industry

The global economic crisis in 2009–2010 had a severe effect on the Bulgarian economy, with gross domestic product (GDP) contracting by 5.5% in 2009. The Bulgarian government and World Bank entered into a memorandum of understanding (MoU) in January 2012 in response. This represented an important step taken by the country’s government to draw on the World Bank’s expertise in developing and implementing strategies and programs to revive the country’s economy. GDP grew by 0.9% in 2013, and is anticipated to rise to 3.0% in 2018, which will be beneficial for Bulgaria’s cards and payments industry over the forecast period (2014–2018).

Bulgarian payment cards (including debit and credit cards) registered positive growth during the review period (2009–2013), recording a compound annual growth rate (CAGR) of 2.08%, and increasing from 7.7 million cards in circulation in 2009 to 8.5 million in 2013. In terms of transaction value, payment cards valued BGN15.1 billion (US$10.7 billion) in 2013, after registering a review-period CAGR of 7.33%. Rising consumer awareness for electronic payments and the adoption of advanced technologies such as contactless cards and EMV technology contributed towards the growth in payment cards during the review period, in terms of transaction value, volume and the number of cards in circulation.

In 2013, the average transaction value (ATV) in Bulgaria was US$85.5, which ranked fifteenth in the overall European region. Greece recorded the highest ATV, with US$227.6, while Estonia recorded the lowest with US$37.3. Bulgaria ranked twenty-first in terms of card penetration, with 1.2 cards per inhabitant, while Luxembourg recorded the highest rate with 4.4 and Romania recorded the lowest with 0.6. Bulgaria ranked the lowest among other European countries in terms of frequency of use, with 18.7 transactions per card, while Finland recorded the highest frequency with 172.8.

Prepaid cards recorded a CAGR of 24.99% during the review period, increasing from 461,513 cards in 2009 to 1.1 million in 2013. These cards are more beneficial to the country’s unbanked population, as they do not require a bank account to use. Central Cooperative issues virtual prepaid cards that do not require an individual to have a physical card. This card is created online, and can be used for the payment of goods and services. This removes the requirement for customers to visit a bank to collect the card. The bank also issues Prepaid Gift Cards to customers, which can be personalized and can be used to give gifts on different occasions. With the increasing number of prepaid cards being distributed in the country, this segment is anticipated to undergo positive growth, with 2.1 million cards estimated to be distributed by the end of 2018.

Card fraud is increasing at a CAGR of 0.31% in Bulgaria, with various technological innovations to combat and prevent it. Banks in association with MasterCard and Visa now offer contactless credit cards, called PayPass and PayWave respectively. These cards provide more convenience at the time of the payment, as they require tapping the card in front of the card reader instead of entering the PIN. DSK Bank, Fibank and UniCredit Bulbank offer contactless cards.

Scope

  • This report provides a comprehensive analysis of Bulgaria’s cards and payments industry.
  • It provides current values for Bulgaria’s cards and payments industry for 2013, and forecast figures for 2018.
  • It details the different economic, infrastructural and business drivers affecting Bulgaria’s cards and payments industry.
  • It outlines the current regulatory framework in the industry.
  • It details the marketing strategies used by various banks and other institutions.
  • It profiles major banks in Bulgaria’s cards and payments industry.

Reasons to Buy

  • Make strategic business decisions, using top-level historic and forecast market data, related to Bulgaria’s cards and payments industry and each market within it.
  • Understand the key market trends and growth opportunities within Bulgaria’s cards and payments industry.
  • Assess the competitive dynamics in Bulgaria’s cards and payments industry.
  • Gain insights into marketing strategies used for selling various card types in Bulgaria.
  • Gain insights into key regulations governing of Bulgaria’s cards and payments industry.

Spanning over 82 pages, Bulgaria’s Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape” report covers the Key Facts and Top Events, Executive Summary, Payment Instruments, Market Attractiveness and Future Prospects of Cards and Payments, Analysis of Cards and Payments Industry Drivers, Emerging Consumer Attitudes and Trends, Payment Cards, Debit Cards, Credit Cards, Commercial Cards, Regulations in the Cards and Payments Industry, Card Fraud Statistics, Card Issuers, Card Schemes, Prepaid Cards, Appendix. The report covered companies are – United Bulgarian Bank, DSK Bank, UniCredit Bulbank, First Investment Bank, Raiffeisenbank, Borica, MasterCard, Visa, Diners Club, American Express

For further information on this report, please visit- http://mrr.cm/4GU

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Infrastructure Construction in Bulgaria to 2018: Market Forecast, New Report Launched

This report is the result of Publisher’s extensive market research covering the infrastructure construction industry in Bulgaria. It contains detailed historic and forecast market value data for the infrastructure construction industry, including a breakdown of the data by construction activity (new construction, repair and maintenance, refurbishment and demolition). ‘Infrastructure Construction in Bulgaria to 2018: Market Forecast’ provides a top-level overview and detailed insight into the operating environment of the infrastructure construction industry in Bulgaria. It is an essential tool for companies active across the Bulgarian construction value chain and for new players considering to enter the market.

‘Infrastructure Construction in Bulgaria to 2018: Market Forecast’ contains detailed historic and forecast market value data for the infrastructure construction industry, including a breakdown of the data by construction activity (new construction, repair and maintenance, refurbishment and demolition). The databook provides historical and forecast valuations of the industry using the construction output and value-add methods.

Scope

  • Overview of the infrastructure construction industry in Bulgaria.
  • Historic and forecast market value for the infrastructure construction industry by construction output and value-add methods for the period 2009 through to 2018.
  • Historic and forecast market value by construction activity (new construction, repair and maintenance, refurbishment and demolition) across the infrastructure construction industry for the period 2009 through to 2018.

Reasons to Buy

  • This report provides you with valuable data for the infrastructure construction industry in Bulgaria.
  • This report provides you with a breakdown of market value by type of construction activity (new construction, repair and maintenance, refurbishment and demolition).
  • This report enhances your knowledge of the market with key figures detailing market values using the construction output and value add methods.
  • This report allows you to plan future business decisions using the forecast figures given for the market.

Spanning over 175 pages, Infrastructure Construction in Bulgaria to 2018: Market Forecast” report covering the Introduction,  Infrastructure Construction: Category Data, Infrastructure Construction :Activity Analysis, Energy & Communications Infrastructure Construction: Category Analysis, Rail Infrastructure Construction: Category Analysis, Road Infrastructure Construction: Category Analysis, Sewage Infrastructure Construction: Category Analysis,  Water Infrastructure Construction: Category Analysis, Other Infrastructure Projects Construction: Category Analysis, Appendix.

For more information see – http://mrr.cm/4Zc

Related Reports:

1st- Industrial Construction in Bulgaria to 2018: Market Forecast – visit at: http://mrr.cm/4Zp

2nd– Institutional Construction in Bulgaria to 2018: Market Forecast – visit at: http://mrr.cm/4ZG

3rd- Commercial Construction in Bulgaria to 2018: Market Forecast – visit at: http://mrr.cm/4ZN

4th- Residential Construction in Turkey to 2018: Market Forecast – visit at: http://mrr.cm/4Zx

5th- Construction in Bulgaria to 2018: Market Forecast – visit at: http://mrr.cm/4Zf

About Market Research Reports, Inc.

Market Research Reports, Inc. is the world’s leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

Construction in Bulgaria – Key Trends and Opportunities to 2018, New Report Launched

The Bulgarian construction industry recorded a compound annual growth rate (CAGR) of 9.41% during the review period (2009−2013). The industry contracted during the review period, as a result of a -25.8% decline in foreign direct investment (FDI) from BGN1.2 billion (US$853.1 million) in 2009 to BGN915.7 million (US$601.6 million) in 2012. However, FDI increased by 0.3% in 2013 to reach BGN918.4 million (US$623.3 million). However, this is still below its 2009 peak. The industry will be supported by allocation of cohesion policy funds, and government focus on infrastructure construction. The industry’s output is, therefore, expected to record a CAGR of 2.54% over the forecast period (2014−2018).

This report provides detailed market analysis, information and insights into the Bulgarian construction industry, including:

  • The Bulgarian construction industry’s growth prospects by market, project type and type of construction activity
  • Analysis of equipment, material and service costs for each project type in Bulgaria
  • Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Bulgarian construction industry
  • Profiles of the leading operators in the Bulgarian construction industry.
  • Data highlights of the largest construction projects in Bulgaria

Scope

This report provides a comprehensive analysis of the construction industry in Bulgaria. It provides:

  • Historical (2009–2013) and forecast (2014–2018) valuations of the construction industry in Bulgaria using construction output and value-add methods
  • Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
  • Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
  • Analysis of key construction industry issues, including regulation, cost management, funding and pricing
  • Detailed profiles of the leading construction companies in Bulgaria

Reasons to Buy

  • Identify and evaluate market opportunities using Publisher’s standardized valuation and forecasting methodologies
  • Assess market growth potential at a micro-level with over 600 time-series data forecasts
  • Understand the latest industry and market trends
  • Formulate and validate business strategies using Publisher’s critical and actionable insight
  • Assess business risks, including cost, regulatory and competitive pressures
  • Evaluate competitive risk and success factors

Key Highlights

  • According to the Bulgarian National Statistical Institute (NSI), the average seasonally adjusted construction production indices increased from 82.3 during the first seven months of 2013 to 85.0 during the first seven months of 2014. Moreover, the total number of permits increased from 4,271 in the first half of 2013 to 4,316 in the first half of 2014. The number of residential building permits increased from 1,915 to 2,136, administrative buildings permits increased from 64 to 91, whereas other building permits fell from 2,292 to 2,089 during the same period. The gross value add of the construction industry in real terms fell from BGN726.0 million (US$492.7 million) in the second quarter of 2013 to BGN719.0 million (US$484.1 million) in the second quarter of 2014, whereas in nominal terms, it declined from BGN1.0 billion (US$678.7 million) to BGN933.2 million (US$628.4 million) during the same period. The construction industry is, therefore, expected to grow at slower pace over the forecast period.
  • In 2013, the government adopted a draft partnership agreement with the European Union (EU) for the use of the investment funds allocated to the country for the 2014–2020 period. Until the end of 2020, BGN19.5 billion (US$13.2 billion) is expected to be invested, of which BGN14.8 billion (US$10.0 billion) will be allocated through Cohesion Policy Funds, which is the EU’s approach to achieve the objectives set in the Europe 2020 strategy. These cohesion policy funds will be distributed by seven operational programs, such as transport infrastructure, science and education, innovation and competitiveness, environment, human resource development and good governance. In total, BGN4.5 billion (US$3.1 billion) will be invested in rural development, and BGN171.9 million (US$116.7 million) in the fisheries and maritime sector. This move to increase the country’s economic growth and competitiveness will support the growth of the construction industry over the forecast period.
  • Bulgaria’s long-term railway infrastructure development plan includes the modernization and construction of the railway network along the east−west axis, as well as the refurbishment of important domestic and international railway lines. In addition, factors such as high fuel costs, road congestion, and environment protection policies emphasize the need to improve rail infrastructure. Under the Transport 2014–2020 operational program, several rail infrastructure projects, such as the rehabilitation and modernization of the Plovdiv–Burgas and Septemvri–Sofia lines, will be covered. However, only BGN976.8 million (US$662.9 million) is allocated under the Transport 2014–2020 program, less than the BGN7.8 billion (US$5.3 billion) required to completely upgrade and rehabilitate the country’s rail network. Investments to improve the country’s rail network will support the growth of the rail infrastructure category over the forecast period.
  • Bulgaria lacks an efficient waste-management system, and still has 113 operational waste dumping sites that do not meet the terms of the EU landfill directive. However, the country has set a target to achieve 50% recycling of municipal solid waste by 2020. Under the National Waste Management Plan 2014¬–2020, the country aims to become a zero-waste society by reducing landfill waste and constructing 55 waste-treatment systems. The country’s need to address waste management is likely to support marginal growth in the waste-processing plant category over the forecast period.
  • Bulgaria has set a target to achieve a 16.0% share of renewable energy in the gross final energy consumption, and increase energy efficiency by 25.0% by 2020. According to Eurostat, in 2012, Bulgaria achieved its set target for 2020. Moreover, the country is suffering from electricity oversupply, due to low domestic consumption, and increasing solar and wind capacity. Therefore, the government reduced its feed-in-tariff by 20.0% for solar and wind producers. This move is likely to impact the electricity sector, resulting in the slow growth of the energy and communications infrastructure category over the forecast period.

Spanning over 65 pages, “Construction in Bulgaria – Key Trends and Opportunities to 2018” report covering the Executive Summary, Market Overview, Commercial Construction, Industrial Construction, Infrastructure Construction, Institutional Construction, Residential Construction, Company Profile: Enemona AD Kozlodui, Company Profile: Transstroy-Burgas AD, Company Profile: Geotechmin OOD, Company Profile: Glavbolgarstroy Holdings AD, Company Profile: Yavor Plc, Market Data Analysis, Appendix. The report covered companies re – Enemona AD Kozlodui, Transstroy-Burgas AD, Geotechmin OOD, Glavbolgarstroy Holdings AD, Yavor Plc

Know more about this report athttp://mrr.cm/Zrp

Find all Construction Report at: – http://www.marketresearchreports.com/construction

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Bulgaria personal accident and healthcare segment is expected to reach $46.2 million in 2017, Revels New Report

The personal accident and health segment accounted for 3.9% of the industry’s gross written premium in 2012, the lowest share of all the insurance segments. Voluntary health insurance is overshadowed by the free public healthcare system, funded and administered by the NHIF. Bulgarians, whether employed, self-employed or unemployed, have to contribute a certain proportion of their monthly income to the fund. Some of the categories of individuals to whom compulsory health insurance under the NHIF is applicable are Bulgarian citizens, Bulgarian citizens who are also citizens of another country and who are permanently resident in Bulgaria, and foreign citizens or individuals lacking citizenship who have been permitted long-term stays in Bulgaria, provided it does not violate international agreements to which Bulgaria is a party.

The report provides in depth market analysis, information and insights into the Bulgarian personal accident and health insurance segment, including:

  • The Bulgarian personal accident and health insurance segment’s growth prospects by insurance categories
  • Key trends and drivers for the personal accident and health insurance segment
  • The various distribution channels in the Bulgarian personal accident and health insurance segment
  • The detailed competitive landscape in the personal accident and health insurance segment in Bulgaria
  • Detailed regulatory framework of the Bulgarian insurance industry
  • A description of the personal accident and health reinsurance segment in Bulgaria
  • Porter’s Five Forces analysis of the personal accident and health insurance segment

Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in Bulgaria:

  • It provides historical values for the Bulgarian personal accident and health insurance segment for the report’s 2008–2012 review period and projected figures for the 2012–2017 forecast period.
  • It offers a detailed analysis of the key sub-segments in Bulgarian personal accident and health insurance segment, along with market forecasts until 2017.
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions.
  • It analyses the various distribution channels for personal accident and health insurance products in Bulgaria.
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Bulgaria for the personal accident and health insurance segment.
  • It provides a detailed analysis of the reinsurance segment in Bulgaria and its growth prospects.
  • It profiles the top personal accident and health insurance companies in Bulgaria and outlines the key regulations affecting them.

Reasons To Buy

  • Make strategic business decisions using in-depth historic and forecast market data related to the Bulgarian personal accident and health insurance segment and each category within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Bulgarian personal accident and health insurance segment
  • Assess the competitive dynamics in the personal accident and health insurance segment, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the Bulgarian insurance industry and its impact on companies and the market’s future

Key Highlights

  • The personal accident and health segment accounted for 3.9% of the industry’s gross written premium in 2012, the lowest share of all the insurance segments.
  • Bulgarian travel insurers expect gradual growth in business over the forecast period.
  • Agencies accounted for 37.5% of the segment’s new business gross written premium generated in 2012.
  • The health insurance system in Bulgaria is two-tier; it comprises mandatory health insurance provided by the NHIF and discretionary health insurance provided by insurers.
  • The segment is highly concentrated; the 10 leading insurers collectively accounted for 81.4% of the segment’s written premiums in 2012.

Spanning Over 221 pages, 133 tables, 145 figures, “Personal Accident and Health Insurance in Bulgaria, Key Trends and Opportunities to 2017” report covering the Bulgarian Insurance Industry Attractiveness, Personal Accident and Health Insurance Segment Outlook, Analysis by Distribution Channels, Porter’s Five Forces Analysis – Bulgarian Personal Accident and Health Insurance, Reinsurance Segment Outlook, Governance, Risk and Compliance, Competitive Landscape and Strategic Insights, Business Environment and Country Risk, Appendix. The report covered 10 companies – DZI General Insurance Plc, Uniqa Insurance Plc, Armeec Insurance JSC, Bulstrad Vienna Insurance Group (Bulstrad), Allianz Bulgaria Holding AD, UBB-Alico Life Insurance Company, Victoria Insurance Company Plc, OZK Insurance, Generali Life Insurance AD, Euroins Insurance Plc Bulgaria.

Know more information visit: http://mrr.cm/ZUb

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Find other reports on Bulgaria Market at – http://www.marketresearchreports.com/countries/bulgaria

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Bulgaria Reinsurance industry is expected to increase at a CAGR of 5.4% in 2017, Revels New Report

Reinsurance in Bulgaria, key trends and opportunities – Research Report identifies that the industry’s written premium is expected to increase at a CAGR of 5.4% in 2017. By purchasing this report you will secure a proper understanding of shifting market dynamics in the reinsurance market in Bulgaria, which will enable you to amend your business plans accordingly to allow maximum sales. You will gain an understanding of the Bulgarian reinsurance segment’s growth prospects by reinsurance ceded from direct insurance segments, enabling you to identify the growth opportunities and market dynamics reinsurance categories.

The Publisher difference:

  • Confidently update your strategic business decisions using in-depth historic and forecast market data related to the Bulgarian reinsurance segment and each sector within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities, thereby gaining the upper hand over competitors.
  • Gain insights into key regulations governing the Bulgarian insurance industry and its impact on companies and the market’s future.

Additional report highlights:

  • The life insurance segment was adversely affected by the 2008 global economic crisis, which depleted incomes in Bulgaria and resulted in reduced consumer investments in life insurance.
  • The gross written premium registered by the country’s life segment is expected to reach (US$184.6 million) in 2017.
  • The outlook for health insurance will improve gradually as a result; the gross written premium registered by the personal accident and health segment is expected to reach (US$46.2 million) in 2017.

Related reports coming soon:

  • UK Commercial Motor Insurance
  • UK Travel Insurance
  • UAE Insurance

Know more information visit: http://mrr.cm/ZUL

Find all Banking and Finance Reports athttp://www.marketresearchreports.com/banking-finance

Find other reports on Bulgaria Market at – http://www.marketresearchreports.com/countries/bulgaria

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MarketResearch Reports, Inc. is the world’s leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

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Life Insurance in Bulgaria Key Trends and Opportunities to 2017, New Report Launched

The life segment is the second-largest in the Bulgarian insurance industry, accounting for 15.2% of its gross written premium in 2012. Life insurance penetration decreased from 0.4% in 2008 to 0.3% in 2012 and is expected to remain at 0.3% in 2017. The gross written premium registered by the segment is expected to increase at a CAGR of 3.0%.

The report provides in-depth market analysis, information and insights into the Bulgarian life insurance segment, including:

  • The Bulgarian life insurance segment’s growth prospects by life insurance categories
  • Key trends and drivers for the life insurance segment
  • The various distribution channels in the Bulgarian life insurance segment
  • The detailed competitive landscape in the life insurance segment in Bulgaria
  • Detailed regulatory framework of the Bulgarian insurance industry
  • A description of the life reinsurance segment in Bulgaria
  • Porter’s Five Forces analysis of the life insurance segment

Scope

This report provides a comprehensive analysis of the life insurance segment in Bulgaria:

  • It provides historical values for the Bulgarian life insurance segment for the report’s 2008–2012 review period and projected figures for the 2012–2017 forecast period.
  • It offers a detailed analysis of the key categories in the Bulgarian life insurance segment, along with market forecasts until 2017.
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions.
  • It analyses the various distribution channels for life insurance products in Bulgaria.
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Bulgaria for the life insurance business.
  • It provides a detailed analysis of the reinsurance segment in Bulgaria and its growth prospects.
  • It profiles the top life insurance companies in Bulgaria and outlines the key regulations affecting them.

Reasons To Buy

  • Make strategic business decisions using in-depth historic and forecast market data related to the Bulgarian life insurance segment and each category within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Bulgarian life insurance segment
  • Assess the competitive dynamics in the life insurance segment, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the Bulgarian insurance industry and its impact on companies and the market’s future

Key Highlights

  • The life segment is the second-largest in the Bulgarian insurance industry, accounting for 15.2% of its gross written premium in 2012.
  • The tax rate is expected to make bank deposits less popular among Bulgarians and make some of them divert a proportion of their savings to life insurance products.
  • Bulgarian life insurers are heavily dependent upon agencies, which accounted for 47% of the total new business gross written premium collected in 2012.
  • The Bulgarian life insurance segment is concentrated, with the five leading life insurers together accounting for 67.4% of the segment’s written premiums in 2012.
  • As of 2012, 16 companies had licenses to conduct life insurance business.

Spanning Over 228 pages, 141 Tables and 161 Figures “Life Insurance in Bulgaria, Key Trends and Opportunities to 2017” report Provide Executive Summary, Introduction, Bulgarian Insurance Industry Attractiveness, Life Insurance Outlook, Analysis by Distribution Channel, Porter’s Five Forces Analysis – Bulgarian Life Insurance, Reinsurance Segment Outlook, Governance, Risk and Compliance, Competitive Landscape and Strategic Insights, Business Environment and Country Risk, Appendix. This Report Covered 10 Companies – Allianz Bulgaria Life Insurance Company Ltd., Bulstrad Life Vienna Insurance Group, DZI Insurance, Uniqa Life, UBB-Alico Life Insurance Company, Grawe Bulgaria Life Insurance, Alico Bulgaria Life Insurance Company, Groupama Zhivotozastrahovane EAD, Syvzk, Generali Life Insurance AD.

Know more about this report at: http://mrr.cm/ZUP

Related Reports are given below –

1st – Non-Life Insurance in Bulgaria, Key Trends and Opportunities to 2017; Visit – http://mrr.cm/ZUW

2nd– Personal Accident and Health Insurance in Bulgaria, Key Trends and Opportunities to 2017; Visit – http://mrr.cm/ZUs

3rd– Reinsurance in Bulgaria, Key Trends and Opportunities to 2017; Visit – http://mrr.cm/ZUn

About Market Research Reports, Inc.

Market Research Reports, Inc. is the world’s leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

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Bulgaria – LTE Launch and Rural Broadband Expansion to Drive Telecom Market Growth, New Report Launched

Bulgaria’s telecom service market generated an estimated US$1.7bn in revenue in 2013; Publisher expects it to grow at a CAGR of 1.7% from 2013 to 2018. In both the fixed and mobile segments, growth will be driven by data services, which we expect to increase at a CAGR of 6.3% from 2013 to 2018. Cumulative service revenue over the period will come to $4.2bn. We expect fixed broadband to grow faster, helped by a national broadband plan aiming to expand access to rural areas. By 2018, fixed broadband service will contribute almost as much to overall telecom revenue as mobile data service.

Introduction and Landscape

Bulgaria is one of the smaller telecom service markets in Central and Eastern Europe (CEE). Estimated at US$1.7bn in 2013, its revenue closely follows that of Slovakia in size. At an estimated CAGR of 1.7% from 2013 to 2018, revenue in Bulgaria’s telecom market will grow only slowly, but growth will be concentrated in individual market segments rather than spread throughout the whole telecom sector. In both the fixed and mobile segments, growth will be driven by data services, which we expect to increase at a CAGR of 6.3% between 2013 and 2018; cumulative service revenue over the same period will come to $4.2bn. We expect fixed broadband to grow faster, helped by a national broadband plan that aims to expand access to rural areas. We project that by 2018, fixed broadband service will contribute almost as much to overall telecom revenue as mobile data service.

Spanning over 28 pages “Bulgaria – LTE Launch and Rural Broadband Expansion to Drive Telecom Market Growth” report provide Executive Summary, Market and Competitor Overview, Bulgaria in a regional context, Economic, demographic and political context, Regulatory environment, Demand profile, Service evolution, Competitive landscape, Major market players, Segment analysis, Mobile services, Fixed services, Identifying Opportunities.

For report TOC and pricing please visit:http://www.marketresearchreports.com/pyramid-research/bulgaria-lte-launch-and-rural-broadband-expansion-drive-telecom-market-growth

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Find other reports on Bulgaria Market at : http://www.marketresearchreports.com/countries/bulgaria

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Market Research Reports, Inc. is the world’s leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

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