"Over the past year or so we've seen the media and telecommunications industries experiencing a transformation of seismic proportions resulting in a hothouse of opportunities within the space where technology and communication converge. IPTV has emerged as the most revolutionary service proposition that is not only changing the industry, but also the way we consume entertainment. It is thus not surprising that the commercialisation of IPTV in Asia, Europe and the United States is already well underway. Operators in many countries have either started IPTV services or indicated their intentions to roll out a service -- and sooner, rather than later. What may be surprising to many people is the fact that Asia is leading the IPTV revolution and is the fastest growing market for IPTV with subscribers set to double in the next 12 months (Source: Gartner, March 2005), followed by Europe and the U.S. as a distant third."
The world of eCommerce payments has evolved. As we look toward the latter half of this decade, we're witnessing a transformation in how digital commerce operates, with a clear shift toward localized payment solutions within a global marketplace. The numbers tell a compelling story. According to Juniper Research's latest analysis, global eCommerce transactions are set to reach $11.4 trillion by 2029, marking a 63 percent increase from $7 trillion in 2024. This growth isn't just about volume – it's about fundamental changes in how people pay for goods and services online. Perhaps most striking is the projected dominance of Alternative Payment Methods (APMs), which are expected to account for 69 percent of global transactions by 2029, with 360 billion transactions processed through these channels. eCommerce Payments Market Development What makes this shift particularly interesting is how it reflects the democratization of digital commerce. Traditional card-based systems ar...