Voice over wireless LANs (VoWLAN) is fast emerging as one of the most potentially significant converged technologies of the future, seamlessly combining WLANs with VoIP. Although it faces several challenges in its path to wide-scale adoption, consulting company Frost & Sullivan says developments such as the introduction of dual-mode handsets and the ratification of various 802.11 standards indicate a positive market outlook for the rest of this year. The company estimates that revenues for the European VoWLAN market will grow from �6.6 million in 2004 to �1.99 billion in 2010. The 14 mobile phone manufacturers and telcos that comprise the Unlicensed Mobile Access (UMA) group have taken the initiative to allow 802.11-equipped handsets to make calls through their Wi-Fi hotspots. This, says Frost & Sullivan, is a major driver for the VoWLAN market. "It is no surprise, therefore, that the momentum behind UMA is upbeat within the mobile domain, especially from the carriers that stand to gain tremendously from such an initiative," said Luke Thomas, Research Analyst with Frost & Sullivan. "Fixed-line carriers could also use the UMA to provide mobility solutions to their customers, provided they have a Mobile Virtual Network Operator agreement."
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...