The worldwide retail value of all Digital Terrestrial TV (DTT) Set Top Boxes (STBs) will "blast off" during 2006, and power drive up to more than $10 Billion during 2009, reports In-Stat. In a surprising twist, Australia currently leads the world for consumption of High Definition TV (HDTV) Digital Terrestrial Set Top boxes, with North America running in second place. Europe has been the unit shipment and market value leader for several years, and is poised to become the long-term dominating force if the 2006 World Cup Football matches drive strong uptake for new Digital Terrestrial products. Japan and China have emerging markets for DTT STBs that support High Definition. The study also found a greater number of countries are turning on local Digital Terrestrial TV broadcasts, and this trend is beginning to accelerate. In the U.S., US Digital TV (USDTV) is tying together the bit streams of up to six local Digital Terrestrial TV stations, and offering a low-cost alternative to Cable TV services. The next phase of development is focused on advanced set top boxes that support new video Coder/Decoders (Codecs) and include hard disk drives and support for PVRs. China is expected to turn on their local Digital Terrestrial TV services during 2007, and this will drive large unit shipments of entry-level HDTV set top boxes in 2008 and 2009.
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...