According to an Instat report entitled Worldwide Electronic Entertainment: Packaged Goods Value And Network-Connected Households -- "By 2009, we believe that nearly 55% of all TV households will be connected to Cable TV (analog or digital), Satellite Pay-TV services, Digital Terrestrial networks, or emerging Broadband TV services. Sales of Hollywood movies on Standard DVDs will experience slowing growth, but the emergence of new formats and new content coming to DVD will drive the value of the total market forward. Worldwide value of all DVD discs will grow from about US$33 Billion during 2004, up to US$76.5 Billion during 2009, a Compound Annual Growth Rate of 18.3%"
The BaaS model has been adopted across a wide range of industries due to its ability to streamline financial processes for non-banks and foster innovation. BaaS has several industry-specific use cases, where it creates new revenue streams. Banking as a Service (BaaS) is rapidly emerging as a growth market, allowing non-bank businesses to integrate banking services into their core products and online platforms. As defined by Juniper Research, BaaS is "the delivery and integration of digital banking services by licensed banks, directly into the products of non-banking businesses, commonly through the use of APIs." BaaS Market Development The core idea is that licensed banks can rent out their regulated financial infrastructure through Application Programming Interfaces (APIs) to third-party Fintechs and other interested companies. This enables those organizations to offer banking capabilities like payment processing, account management, and debit or credit card issuance without