Worldwide Wi-Fi voice over IP (VoIP) handset revenue totalled $54.7 million in 2004 and the number of units shipped reached 143,000, according to a new report from Infonetics Research. It also predicts strong growth at least through to 2009 as steady adoption of voice over Wi-Fi continues. Infonetics has found that worldwide dual-mode Wi-Fi/cellular handset revenue hit $6.7 million in 2004, adding that Wi-Fi capability will eventually become a common feature in mobile phones, just as it is becoming standard in laptops today. Although Wi-Fi VoIP handsets represent a small market at present, it has great potential. In logistics and healthcare verticals in particular, voice over wireless local area networks is already gaining momentum and is likely to become widespread throughout the enterprise as VoIP and wireless LAN adoption continue. The Infonetics report suggests that there is potential for enormous growth in the consumer space, as VoIP services and wireless gateways are bundled with a broadband connection. It says that more dual-mode Wi-Fi/cellular handsets will reach the market, enabling enterprise users to roam across 3G networks, home networks, corporate wireless LANs, and Wi-Fi hotspots.
Alternative Payment Methods (APMs) – comprising digital wallets, instant payments, and QR payment systems – are experiencing explosive growth that's reshaping the global financial services marketplace. According to the latest worldwide market study by ABI Research , the combined global transaction value for APMs is projected to reach $142 trillion by 2030. What's particularly fascinating is the underlying driver behind this trend: a growing desire for financial sovereignty, with nations developing domestic payment ecosystems rather than remaining dependent on international financial networks. Payment Ecosystem Market Development In 2024, approximately 45 percent of the global population used digital wallets – a remarkable adoption rate for a technology that barely existed a decade ago. China leads this transition, with 95 percent of its population using WeChat's payment functionality. WeChat exemplifies the "super app" phenomenon, where payment capabilities are in...