There's no question that digital technology has revolutionized photography. The statistics speak for themselves: not only have the past several years seen a boom in digital camera sales, but online photo sharing and printing services are proliferating everywhere. But Vamsi Sistla, director of broadband and residential entertainment research at ABI Research, says that we're looking at the new medium through an "old lens." What did most amateur snapshooters do with their analog pictures? They mounted them in albums. Family and friends could hold albums in their laps and share the viewing experience. What must most digital snapshooters do? View their pictures on a computer; upload them to a Web site (more computing); email them to each other (still more computing!) -- or have them printed for mounting in an old-fashioned album. While sharing via email is a step in the right direction, printing them and putting in old-fashioned albums is a step backwards. "What's needed," says Sistla, "is the digital equivalent of the old photo album: a stand-alone, tablet-shaped device with a nice big screen that will display pictures much as the old family album did."
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...