According to ABI Research, it's An Open and Shut Case -- "When the US Congressional Subcommittee on Courts, the Internet and Intellectual property invited testimony from four industry experts, they were considering nothing less than the future of digital rights management in the United States. At issue are proprietary versus open digital rights management (DRM) technologies, and whether governments should get involved. Advocates say that open DRM standards would help the portable industry. Most industry leaders are adopting a government hands off attitude, but ABI believes that other attempts at proprietary DRM schemes probably wouldn't succeed. Apple was the first to offer such a service and the content industry didn't care if their DRM was proprietary. But DRM becomes critical once video, and sharing between STBs and portable devices, become a reality."
The world of eCommerce payments has evolved. As we look toward the latter half of this decade, we're witnessing a transformation in how digital commerce operates, with a clear shift toward localized payment solutions within a global marketplace. The numbers tell a compelling story. According to Juniper Research's latest analysis, global eCommerce transactions are set to reach $11.4 trillion by 2029, marking a 63 percent increase from $7 trillion in 2024. This growth isn't just about volume – it's about fundamental changes in how people pay for goods and services online. Perhaps most striking is the projected dominance of Alternative Payment Methods (APMs), which are expected to account for 69 percent of global transactions by 2029, with 360 billion transactions processed through these channels. eCommerce Payments Market Development What makes this shift particularly interesting is how it reflects the democratization of digital commerce. Traditional card-based systems ar...