The results of a new In-Stat U.S. consumer survey demonstrate that while respondents' existing home networks are fairly evenly split between Ethernet and Wi-Fi, future home network deployments are largely planned as Wi-Fi networks. The 640 tech-savvy consumers who participated in the survey still chose data-networking applications over consumer electronics applications as the applications for which they were most interested in using Wi-Fi connectivity. "Consumer electronics vendors have a challenge to educate consumers about Wi-Fi and to overcome the perception that Wi-Fi is simply a data networking technology," says Norm Bogen, In-Stat analyst. "Nevertheless, Wi-Fi silicon vendors have fully committed to this market segment, and In-Stat believes the benefits to consumers of Wi-Fi connectivity in consumer electronics devices are significant enough to build a major market segment over the next five years." The challenges that Wi-Fi faces, in terms of range, bandwidth, security, and Quality-of-Service (QoS), are being addressed by new standards that have either recently been ratified or are set to be ratified over the next several years. The prevalence of wireless network availability, especially in home networks, makes it increasingly likely that any consumer electronics device would benefit from Wi-Fi connectivity. More PCs in a respondent's household was positively correlated with a greater likelihood of having heard of Wi-Fi being used in various devices.
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