Analyze the Performance of the Non-Life Insurance Market in Hong Kong.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c57818) has announced the addition of Snapshots Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. Non-Life Insurance 2007 to their offering.
Snapdatas Snapshots Hong Kong Non-Life Insurance 2007 provides 2005 year-end market size data, with 2006 estimates, 4 years of historical data and five-year forecasts. The Snapshots report gives an instant overview of the Hong Kong non-life insurance market, and covers general liability, property damage, accident and health, motor vehicle, goods in transit and others. Market value is based on gross premiums. The data is supplied in both graphical and tabular tab·u·lar
1. Having a plane surface; flat.
2. Organized as a table or list.
3. Calculated by means of a table.
resembling a table. format for ease of interpretation and analysis. The Snapshots Hong Kong Non-Life Insurance 2007 forms part of Snapdatas Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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Snapshots Report Overview:
The Executive Summary within a Snapshots report outlines the main findings of the report (market size, market shares and market forecasts)
Market size is the measure of the total value or volume of a particular product sold in a particular length of time. In our case it is the total amount of the market covered by a title in the last whole year, for example, in UK Beer 2005, all the beer consumed con·sume
v. con·sumed, con·sum·ing, con·sumes
1. To take in as food; eat or drink up. See Synonyms at eat.
a. in the UK in 2004. The aim of the report is to tell how much of the product was consumed in the country discussed by value and by volume.
Market Segmentation Market Segmentation
A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will respond similarly to a marketing action.
Market Segmentation is a segmentation of the market by key product categories, ideally by value and volume. For example: the yoghurt yogurt, yoghurt
a form of curdled milk produced by fermentation with organisms of the genus Lactobacillus. Used in the treatment of convalescing calves and other young animals after attacks of diarrhea. market can be segmented into: drinking yoghurt, flavoured adj. 1. same as flavored; - of foods. yoghurt and natural yoghurt.
Market Share is the share of each competitor in the market place and can be expressed in value or volume terms.
Market Share by Volume - each competitor's share of the total Market Volume
Market Share by Value - each competitor's share of the total Market Value
This measure of the market relates to the different distribution channels to market for each product. The distribution can include the following channels:
Consumer Goods example: Supermarket Hypermarket Discount Store Corner shop Internet Etc Socio-Economic data The key socio-economic indicators in each report will be: Size of population GDP - Gross Domestic Product Inflation rate Exchange rate
All market forecasts are based on statistical forecasting techniques based on historic performance (linear extrapolation (mathematics, algorithm) extrapolation - A mathematical procedure which estimates values of a function for certain desired inputs given values for known inputs.
If the desired input is outside the range of the known values this is called extrapolation, if it is inside then of the market size, based on the five-year historical growth). These statistical tools are supplemented with qualitative parameters such as: industry expectation/opinion. Socio-economic drivers, new product development, technological advances, expected levels of market saturation In economics, "market saturation" is a term used to describe a situation in which a product has become diffused (distributed) within a market; the actual level of saturation can depend on consumer purchasing power; as well as competition, prices, and technology. etc.
Topics Covered Snapshots Executive Summary Category Definitions Market Size by Value (2002-2006) Market Segmentation by Value Market Shares by Value Company Websites (Main Players) Market Forecast by Value (2007-2011) Socio-Economic Data for Hong Kong Snapshots Sources for Further Research
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