According to a Telecompaper research study, at the end of Q1 2005 there were 158 million broadband subscribers with tens of thousands more signing-up for service everyday. �World Broadband Q1-2005� shows that the Asia-Pacific is the world�s biggest broadband arena with more than 61 million subscribers and a 39 percent share of the global broadband market. For the first time, Europe has overtaken the Americas to become the world�s second-largest broadband market, with 47.95 million subscribers and a 30 percent market share. The Americas have dropped back to third place with 47.53 million subscribers. In fourth place is Middle east/Africa with just 1.59 million subscribers. Globally, Q1 2005 saw 13 million new subscribers signing-on for broadband services, six million of them from Europe. However, the Middle East/Africa market is actually the fastest growing sector, putting on 17.7 percent in the quarter. Regarding individual countries, South Korea, with 11.85 million subscribers (equating to 23.92 connections per 100 inhabitants) is still the number one market. Second is the Netherlands with 21.13 connections, and Third is Denmark with 21.12 connections.
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...