With the playing power of phones increasing rapidly, can MP3 players survive? -- "Apple's iPod is the must-have gadget of this decade. Over 10 million have been sold so far, dwarfing sales of other MP3 players. Apple claims over half the digital music player market. But this pales into insignificance when set against that other iconic consumer device, the mobile phone. Worldwide mobile handset sales amounted to 652 million units last year. The race is now on to make the mobile phone the portable media player of choice."
The eCommerce payments landscape is significantly transformed, driven by technological advancements, changing consumer preferences, and evolving regulatory frameworks. As global commerce increasingly shifts online, the methods and tech underlying eCommerce payments are evolving to meet growing demands for convenience, security, and efficiency. According to the latest worldwide market study by Juniper Research, the global eCommerce transaction value is forecast to reach $11.4 trillion by 2029 -- that's up from $7 trillion in 2024. This 63 percent increase over five years underscores eCommerce's rapid expansion and adoption in key markets across the globe. eCommerce Payments Market Development "Alternative payment options have grown substantially, with APM transaction volumes leapfrogging cards in emerging markets. As merchants look to attract new users and geographies, they must consider offering APMs a key strategy to accomplish this," said Lorien Carter, research an