Digital Subscriber Line Access Multiplexers (DSLAMs) port shipments grew at a solid rate in 2004, but the rate of growth is expected to decline in coming years as the DSL market matures, reports In-Stat. The competition in the DSLAM market is fierce with many large global vendors and small vendors competing for contracts, a trend that will shrink average selling prices over the next several years, the high-tech market research firm says. "Worldwide DSLAM revenues will stay relatively flat, ranging from $3.1 - $3.3 billion over the next several years," says Henry Goldberg, In-Stat analyst. "The market will be highly competitive, with vendors increasing revenues only by taking market share away from other vendors." Alcatel had the leading market share in all regions, except the Asia-Pacific region, in 2004. Huawei had the second-leading worldwide market share, driven by their sales to the booming broadband market in China. IP DSLAMs are growing in popularity, and will become the dominant form of DSLAM in the future, replacing the older, ATM-based DSLAMs. DSLAM vendors also need to have a complete solution for support of triple-play services.
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