Both terrestrial and satellite-based digital multimedia broadcasting services are finally set to launch commercially over the next few months in South Korea -- "According to research from international intelligence research firm ABI Research, the strife between competing stakeholders will only continue once services launch. More than a year later than expected, Korea's TU Media will launch its satellite-based commercial DMB (Digital Multimedia Broadcasting) services in May, while the following month, terrestrial DMB services will also launch, led by the country's major cable news, radio, and television broadcasters. ABI Research does expect the total number of terrestrial DMB subscribers to be significantly higher than satellite DMB subscribers, as terrestrial-based services will be free and feature better programming. However, it will be challenging for terrestrial DMB broadcasters to come up with successful revenue models, so they have been petitioning the government to be allowed to charge subscription fees."
Alternative Payment Methods (APMs) – comprising digital wallets, instant payments, and QR payment systems – are experiencing explosive growth that's reshaping the global financial services marketplace. According to the latest worldwide market study by ABI Research , the combined global transaction value for APMs is projected to reach $142 trillion by 2030. What's particularly fascinating is the underlying driver behind this trend: a growing desire for financial sovereignty, with nations developing domestic payment ecosystems rather than remaining dependent on international financial networks. Payment Ecosystem Market Development In 2024, approximately 45 percent of the global population used digital wallets – a remarkable adoption rate for a technology that barely existed a decade ago. China leads this transition, with 95 percent of its population using WeChat's payment functionality. WeChat exemplifies the "super app" phenomenon, where payment capabilities are in...