According to a new study from ABI Research, annual global sales of dual-mode mobile phones -- which can connect to either a conventional cellular service or a Wi-Fi network -- are likely to exceed 100 million during the final year of this decade. Such dual-mode handsets have been virtually unknown to consumers until now, and have not penetrated the enterprise space to any degree either. But according to ABI, some of the leaders of global telecom -- notably British Telecom and Korea Telecom -- plan to offer dual-mode services by the end of 2005. That could start a very large ball rolling. Though the full spectrum of capabilities won't appear in the first generation of products, when these services are mature you will be able to start a phone call at home (where your phone connects to your residential Wi-Fi network and then to your broadband Voice over IP phone service), continue it in your car (where the phone switches to your cellular provider's network), and wind it up at work, where the phone once more switches to your organization's 802.11 LAN, and VoIP.
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...