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BI IntelligenceThis is a preview of a research report from BI Intelligence, Business Insider's premium research service. To learn more about BI Intelligence, click here.<br><br>The US payments ecosystem is in the midst of a shift toward mobile, and countless new and old stakeholders are attempting to accelerate this migration, which is moving at a glacial pace relative to other markets globally. But mobile payments can rise to the mainstream. For companies seeking to build out a robust mobile payments product, China's thriving mobile payments ecosystem offers some insight - and some lessons.  <br><br>Total mobile payments volume in China will reach $6.3 trillion by 2020, according to our estimates based on iResearch data. This marks a healthy 33% five-year compound annual growth rate (CAGR). In comparison, the US will generate $154 billion in mobile payments volume this year by our estimates, which amounts to just 6.5% of China's mobile payments volume. <br><br>Even accounting for population discrepancies, China will generate over $1,700 in mobile payments volume per capita in 2016, compared with $475 in the US, based on forecasts from BI Intelligence and eMarketer. China's advantage will eventually diminish, but it will still produce around twice as much volume per capita in 2020. <br><br>China has unique factors buoying the industry, like the dominance of mobile phones, a lack of legacy infrastructure, and the surging popularity of digital retail marketplaces. Some of the characteristics behind the country's success can be mimicked, or even replicated to some extent, in other markets like the US. However, one fundamental barrier in the US is that it's being forced to layer mobile payments on top of an existing payments system, and the ecosystem is very fragmented.<br><br>A new report from BI Intelligence takes a deep dive into China's mobile payments ecosystem and deciphers which growth drivers can be exported to the US to help spark its relatively lackluster market. <br><br>Here are some of the key takeaways:<br><br><br>China claims the world's largest mobile payments market and serves as the global benchmark for other markets to pursue. China will process a whopping $6.3 trillion in total mobile payments by 2020, according to our estimates based on iResearch data. This marks a healthy 33% five-year compound annual growth rate (CAGR).<br><br>[https://goo.gl/G2mPXW subway runner] It dwarfs the US' mobile payments industry. The US will generate $154 billion in mobile payments volume this year by our estimates, which equates to just 6.5% of China's mobile payments volume. Meanwhile, China will generate over $1,700 in mobile payments volume per capita in 2016, compared with $475 in the US, based on forecasts from BI Intelligence and eMarketer.<br><br>Mobile commerce, a lack of legacy infrastructure, and marketplaces have fueled China's enormous success. Consumers in China are much more comfortable shopping on their mobile phones compared with their counterparts in the US, and the devices face less resistance from other legacy payments methods like credit cards. The open approach to mobile shopping has been fortified by Alibaba, a Goliath-sized marketplace, and WeChat, a go-to messaging platform, which support Alipay and Tenpay, respectively. <br>In full, the report:<br><br><br>Forecasts and compares mobile payments volume, in-store mobile payments users, mobile payments volume per capita, and mobile commerce penetration in China and the US. <br><br>Overviews the key competitors in China's mobile payments market, and how new entrants may shuffle the hierarchy of dominant players.<br><br>Uncovers the key drivers propelling China's mobile payments market.<br><br>Identifies which drivers the US can import from China, and which barriers may be standing in the way.<br>Interested in getting the full report? Here are two ways to access it:<br><br><br>Subscribe to an All-Access pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure you stay ahead of the curve and benefit personally and professionally. >> Learn More Now <br><br>Purchase & download the full report from our research store. >> Purchase & Download Now<br>Learn more:<br><br>Credit Card Industry and Market<br><br>Mobile Payment Technologies<br><br>Mobile Payments Industry<br><br>Mobile Payment Market, Trends and Adoption<br><br>Credit Card Processing Industry<br><br>List of Credit Card Processing Companies<br><br>List of Credit Card Processing Networks<br><br>List of Payment Gateway Providers<br><br>M-Commerce: Mobile Shopping Trends<br><br>E-Commerce Payment Technologies and Trends
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HubPages and Hubbers (authors) may earn revenue on this webpage based on affiliate marketer relationships and advertising with lovers including Amazon, eBay, Yahoo, and others.<br><br>The full-scale Hoverbike features advanced steadiness and maneuverability, and can be handled to fly by itself on a pre-determined flight journey, go back to home, loiter and follow the controller. In addition, it includes a humanoid figure that may be attached to it, filled with mini-cam installed in its mind. That is funny about the farmers not knowing that pilots didn't have parachutes yet! Parachutes for pilots made sense to farmers however, not to WW1 generals, I assume. There are many different types of vegetation, ranging from grand trees to tiny algae. This is a synopsis with pictures.<br><br>The Bebop has a whole lot of improvements within the AR Drone 2.0, but the most interesting feature is the video recording system. It has a 14 megapixel camera with a 180 level field-of-view fisheye lens. Since the camera lens has such a broad field-of-view and a really fast cpu, the Bebop can take the entire 14 megapixel image, fix the image distortion (eliminating the fisheye effect), stabilize the image, then send the live training video back again to your mobile phone. What all which means is that you'll be getting a digitally stabilized standard description video feed straight to your phone. At exactly the same time, It also records digitally stabilized 1080p video tutorial to the 8GB of onboard recollection.<br><br>UDI RC is one of the very most respected names in the quadcopter industry; they are really popular because they produce affordable and high-quality drones that focus on both starters and serious hobbyists. The UDI U818A 2.4 GHz lives up to the buzz; it's a modern quadcopter with a camera that is perfect for inside and outdoor flight. Looking for the fantastic new products to add to your home automation system? Here are ten of the extremely Best large quadcopter Z-Wave devices available today. The iPhone is including the most EXIF information on the list of images we found. The major EXIF data placed we found are available here It not only includes the phone's location, but also accelerometer data showing if the telephone was moved at the time the picture was taken and the readout from the build in compass teaching in which direction the telephone was pointed at that time.<br><br>this is a crock. dont misunderstand me, i really like my phantom and ive loved understanding how to really fly it. its a fantastic quadrotor for the price and features. nevertheless, you didnt mention the performance features that the 3dr solo has. the orbit and cable connection cam ability by itself on the solo smokes a phantom all day long. im not saying its difficult to figure out how to fly something similar to a phantom and film with it, because it has a airline flight training sim included in the app. but you may take a solo out of the box and pull off great aerial pictures as a complete novice. this is something you can do with a phantom, period. granted, you are limited by gopros (for now) with the solo, but who cares? the only real difference between a single and others is modularity". laughable, but this is a HUGE difference. this article is biased crap. get off the dji bandwagon.

Revision as of 06:29, 1 September 2017

HubPages and Hubbers (authors) may earn revenue on this webpage based on affiliate marketer relationships and advertising with lovers including Amazon, eBay, Yahoo, and others.

The full-scale Hoverbike features advanced steadiness and maneuverability, and can be handled to fly by itself on a pre-determined flight journey, go back to home, loiter and follow the controller. In addition, it includes a humanoid figure that may be attached to it, filled with mini-cam installed in its mind. That is funny about the farmers not knowing that pilots didn't have parachutes yet! Parachutes for pilots made sense to farmers however, not to WW1 generals, I assume. There are many different types of vegetation, ranging from grand trees to tiny algae. This is a synopsis with pictures.

The Bebop has a whole lot of improvements within the AR Drone 2.0, but the most interesting feature is the video recording system. It has a 14 megapixel camera with a 180 level field-of-view fisheye lens. Since the camera lens has such a broad field-of-view and a really fast cpu, the Bebop can take the entire 14 megapixel image, fix the image distortion (eliminating the fisheye effect), stabilize the image, then send the live training video back again to your mobile phone. What all which means is that you'll be getting a digitally stabilized standard description video feed straight to your phone. At exactly the same time, It also records digitally stabilized 1080p video tutorial to the 8GB of onboard recollection.

UDI RC is one of the very most respected names in the quadcopter industry; they are really popular because they produce affordable and high-quality drones that focus on both starters and serious hobbyists. The UDI U818A 2.4 GHz lives up to the buzz; it's a modern quadcopter with a camera that is perfect for inside and outdoor flight. Looking for the fantastic new products to add to your home automation system? Here are ten of the extremely Best large quadcopter Z-Wave devices available today. The iPhone is including the most EXIF information on the list of images we found. The major EXIF data placed we found are available here It not only includes the phone's location, but also accelerometer data showing if the telephone was moved at the time the picture was taken and the readout from the build in compass teaching in which direction the telephone was pointed at that time.

this is a crock. dont misunderstand me, i really like my phantom and ive loved understanding how to really fly it. its a fantastic quadrotor for the price and features. nevertheless, you didnt mention the performance features that the 3dr solo has. the orbit and cable connection cam ability by itself on the solo smokes a phantom all day long. im not saying its difficult to figure out how to fly something similar to a phantom and film with it, because it has a airline flight training sim included in the app. but you may take a solo out of the box and pull off great aerial pictures as a complete novice. this is something you can do with a phantom, period. granted, you are limited by gopros (for now) with the solo, but who cares? the only real difference between a single and others is modularity". laughable, but this is a HUGE difference. this article is biased crap. get off the dji bandwagon.