The consumer electronics (CE) market is a bright spot for 1394, a high-speed serial bus specification, also called Firewire or i.Link, that is battling with competing technologies in several markets, reports In-Stat. 1394a has increasing penetration in digital television, set top box, and portable digital audio player markets. The CE segment is forecast to be roughly equal to the PC segment in 2005 unit shipments, and will move well past it in 2006. The prospects for the technology in the computer market will be mixed. "PCs will be driven by the notebook category," says Brian O'Rourke, In-Stat analyst. "1394 will also grow in consumer desktops, but remain nearly non-existent in commercial desktops. Overall, PC peripheral growth will be negative, as high-speed USB dominates the segment." Report highlights include: The 1394c specification is close to completion. It is an attempt to jump-start 1394 as a networking technology, where it has had trouble gaining acceptance. Devices with Wireless 1394, a specification to transmit 1394 wirelessly over Ultra Wideband, should begin to hit the market in 2006.
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