Your next TV could be a cellphone. According to Strategy Analytics' Connected Home service, more than a quarter of digital TV devices sold worldwide in 2010 will be mobile phones, as handset vendors strive to place a "TV in every pocket." Traditional devices, such as set-top boxes, however, will remain the staple for some years; and demand for these will also increase. The report, 'Digital TV Diversifies: Global Demand Will Shift Away From STBs,' predicts that device manufacturers likely to lead the fixed/mobile DTV convergence opportunity are Samsung, Sony/Sony Ericsson and LG. According to the research, 71 million digital TV devices will be sold globally this year, of which 1.9 million will be DTV phones. By 2010 annual sales of all devices will be 279 million, with mobile devices accounting for 73.5 million. In spite of these growth forecasts, mobile DTV faces usability obstacles and perceptions as well as barriers related to operator network strategies and government and regulator approaches.
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