ABI Research says that today's portable digital audio and video players needs to become truly portable, in the way that old portable cassette and CD players were -- Vamsi Sistla, director of residential entertainment research said, "Today's so-called portables are still tied by an umbilical cord to the computer and a wired broadband connection. The industry should address these shortcomings." Today the signs are that the industry agreed, and true portability is beginning to arrive. Analyst Joseph Yau, who has just updated their 2004 study, reports that Wi-Fi networking capabilities are starting to appear in portable audio players. "Although such models are still few in number, they will become a flood in 2006," he says. Thomson is even introducing a product line that will interface the player directly with a home hi-fi system, without the need for an intermediary PC and broadband connection. On the video side, EchoStar has just invested $10 million in player vendor Archos, which is said to be introducing a specially-tailored media player that will load movies directly from EchoStar's DISH Network feeds.
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...