Category: Service Industries
Colombia Service Industries
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Macro - Country Economic Forecasts - Colombia
... the last couple of years, but a strong investment rebound will offset this. Risks have tilted to the downside due to emerging political rifts with the US, increasing the chances of tariffs. Still, we'll wait ... Read More
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Debit Cards in Colombia
... in 2023. This performance was underpinned by the sustained easing of inflationary pressures and an acceleration in the pace of economic expansion, which bolstered confidence and spending among households and companies. However, usage levels were ... Read More
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Financial Cards and Payments in Colombia
... of cards in circulation increasing at a solid pace. These results were partly attributable to higher confidence and spending among the population as inflationary pressures steadily receded and economic activity picked up. However, the primary ... Read More
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Credit Cards in Colombia
... registered in 2023. Despite a series of interest rate cuts and an uptick in economic activity, expansion was constrained by the tendency of many households and companies to rein in their use of these instruments ... Read More
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Pre-Paid Cards in Colombia
... the diminishing appeal of open loop pre-paid cards, which are increasingly being superseded by debit and credit cards, digital wallets and electronic transfers. This is particularly true of so-called compensation fund cards, which have historically ... Read More
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Store Cards in Colombia
... on that recorded in 2023. Usage levels continued to be depressed by the increasing consumer preference for alternative types of financial cards that offer greater versatility, wider acceptance and more appealing added-value benefits in areas ... Read More
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Colombia Cards and Payments: Opportunities and Risks to 2028
... provides values and volumes for a number of key performance indicators in the industry, including cash, credit transfers, cards, direct debits and cheques during the review-period (2020-24e). The report also analyzes various payment card markets ... Read More
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Analysis by Region - Emerging Markets - Colombia
... lower inflation. Private consumption will lose some momentum due to its robust performance over the past five quarters. But we think the strength in investment will offset it. Risks remain tilted to the downside due ... Read More
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Analysis by Region - Emerging Markets
... This reflects our view that private consumption is gaining momentum as inflation falls faster than we anticipated. With interest rates falling and inflation cooling, we anticipate a slight uptick in growth next year to 4%. Read More
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Non-Life Insurance in Colombia
... players including key financial metrics and analysis of competitive pressures within the market. Key Highlights Non-life insurance is defined as any insurance not determined to be life insurance. It includes automobile and homeowners' policies and ... Read More
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Life Insurance & Pension in Colombia
... also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights Life insurance & pension is the financial cover for a contingency linked with human ... Read More
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Colombia RegTech Business and Investment Opportunities Databook – 50+ KPIs on RegTech Market Size, By Industry, By Technology, By Type of Product, By Deployment, By Product Offering, Market Share – Q3 2024 Update
... PayNXT360, regtech industry in Colombia is expected to grow by 28.3% on annual basis to reach US$202.93 million in 2024. The regtech industry is expected to grow steadily over the forecast period, recording a CAGR ... Read More
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Colombia International Remittance Market Business and Investment Opportunities - Analysis by Transaction Value & Volume, Inbound and Outbound Transfers to and from Key States, Consumer Demographics – Q3 2024
... remittance market in Colombia has increased at 6.0% during 2023 to reach US$10,527.2 million in 2024. Over the forecast period (2024-2028), market size is expected to record a CAGR of 3.4%, increasing from US$9,930.3 million ... Read More
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Colombia Embedded Finance Business and Investment Opportunities Databook – 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q2 2024 Update
... to grow by 25.0% annually to reach US$880.6 million in 2024. The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 45.3% from 2024 to 2029. The country's ... Read More
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Colombia Alternative Lending Market Business and Investment Opportunities Databook – 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan Type and Demographics - Q2 2024 Update
... According to PayNXT360, the alternative lending in the country is expected to grow by 27.4% on an annual basis to reach US$1,591.5 million in 2024. Medium to long term growth story of alternative lending in ... Read More
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Economy of Colombia 2024
... the most successful countries in Latin America. It joined the OECD in 2020, has manageable debt and deficits and has achieved near universal health coverage. Numerous challenges are works in progress but the dramatic fall ... Read More
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Colombia Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Market Size and Forecast; Spend Analysis by Digital / e-Gift Card, Retail and Corporate Consumers, Top Retailers, Distribution Channel, Occasions, Retail Sectors, Function (Open Loop, Closed Loop), City Type, and Demographics – Q2 2024 Update
... Sectors, Function (Open Loop, Closed Loop), City Type, and Demographics – Q2 2024 Update According to PayNXT360, gift card industry in the country is expected to grow by 9.4% on annual basis to reach US$1.0 ... Read More
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Colombia Buy Now Pay Later Business and Investment Opportunities Databook – 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics - Q2 2024 Update
... in the country are expected to grow by 39.6% on an annual basis to reach US$1,567.0 million in 2024. The medium to long-term growth story of the BNPL industry in the country remains strong. BNPL ... Read More
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Colombia General Insurance: Key Trends and Opportunities to 2028
... General Insurance: Key Trends and Opportunities to 2028’ report provides a detailed outlook by product category for Colombia's general insurance segment. It provides values for key performance indicators such as gross written premium, penetration, and ... Read More
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Colombia's Life Insurance: Key Trends and Opportunities to 2028
... Life Insurance: Key Trends and Opportunities to 2028’ report provides a detailed outlook by product category for Colombia's life insurance segment. It provides values for key performance indicators such as gross written premium, penetration, and ... Read More
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Macroeconomic Outlook Report: Colombia
... In nominal terms, the three segments are forecast to grow by 8.3%, 7.6%, and 7.9%, respectively, in 2024. Bogota, Cali and Medellin are among the best performing cities of Colombia. These areas contributed 33.8% of ... Read More
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Colombia Life and Non-Life Insurance Market Overview, 2029
... case of death or handicap, while non-disaster insurance covers a scope of dangers, for example, property harm, responsibility, and wellbeing crises. In Colombia, these two portions assume significant parts in protecting people, organizations, and resources ... Read More
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Colombia In-depth PESTLE Insights
... analysis. Synopsis Understand the political system in Colombia through analysis of key figures in the country and governance indicators. Understand the economic situation in Colombia through a balanced assessment of core macroeconomic issues. Understand customer ... Read More
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Banks in Colombia
... key financial metrics and analysis of competitive pressures within the market. Key Highlights The banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, and related ... Read More
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Colombia Credit Card Transactions Market Overview, 2029
... like Diners Club and American Express introduced credit cards to the Colombian market in the 1950s, targeting affluent individuals and business travelers. However, it wasn't until the 1970s and 1980s that domestic banks started issuing ... Read More
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