The various categories of Digital Video Headends, and their Gigabit Ethernet components, are on a fast growth track and are expected to surge past $2.6 billion by 2009, reports In-Stat. Compared with indicators from other telecom segments, this segment's projected Compound Annual Growth Rate (CAGR) of 32.3 percent through 2009 is astounding. The report found that Gigabit Ethernet provides fully converged IP networks that are capable of delivering multiple services beyond the "triple play" of video, voice, and high-speed data. Cable TV and IPTV (also known as TelcoTV) services need to extend their brands beyond consumers' TV sets, and new GigE networks create the kind of flexible infrastructure that permits Content to become portable. High Definition TV (HDTV) and On Demand services are complicating bandwidth issues for Cable TV and IPTV services, creating demand for IP video equipment. Emerging opportunities in Europe and Asia will spur growth forward.
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