New Devices to Apply Wi-Fi Home Networks

The increasing use of broadband wireless home networks will lead to the adoption of a multitude of new wireless home devices over the next 5 years, according to the latest research from the Strategy Analytics. This report predicts that consumers worldwide will buy nearly 950 million wireless home devices, such as games consoles, wireless MP3 players and connected TVs, over the next five years.

"Leading edge broadband users are keen to make the most of their service by connecting multiple devices to their home network," notes Peter King, Connected Home Devices Service Director. "Wireless is used on the PC first, but we fully expect many other digital devices to follow the same path to wireless connectivity."

"Strategy Analytics' vision of the digital home is one where a variety of digital devices use wireless home networking technologies to seamlessly interact with each other and with the available broadband and digital services," says David Mercer, VP, Digital Consumer Practice. "The arrival of the first wave of wireless home devices is a signal that this vision is on the way to becoming realized."

This new report assesses the global market opportunity for four key wireless home devices segments: home PCs, TV devices, portable media devices and mobile phones. It also examines the forthcoming transition from current Wi-Fi technologies to next-generation MIMO and 802.11n and provides detailed forecasts for these technologies. The report predicts that annual demand for MIMO and 802.11n devices will reach 134 million units by 2010.

Open Banking Usage to Grow by 470 Percent

The Open Banking business model has been advantageous for Third-Party Providers (TPPs), helping them to extend their offerings into other areas of financial services with new capabilities. Open Banking is also advantageous for traditional banking institutions, despite the perceived loss of custodianship over their data, by providing greater accessibility to more bank services. Furthermore, Open Banking can help serve Mobile Internet providers that are able to leverage it to create tailored services according to customers’ preferences and/or economic limitations. Open Banking Market Development Since traditional banking services are made more convenient by TPPs via greater data access, customers can proactively manage their finances and shape the development of new financial offerings. This is particularly noticeable in the realm of Digital Payments, where retail merchants and customers transact through eCommerce, which has the greatest number of use cases for Open Banking. These includ

Why Instant Issuance Payment Cards Evolved

The global financial services sector continues to grow as more progressive organizations seek to gain a meaningful competitive advantage from their digital transformation initiatives. Across the globe, many regions are seeing a significant rise in 'instant issuance' activity from a physical and digital perspective, from both traditional and emerging innovative banking institutions. Digital Payments Market Development Customers increasingly demand instant access to banking services, with physical instant issuance enabling them to leave their branch equipped with a ready-to-go payment card. According to the latest worldwide market study by ABI Research, the market for instantly issued physical payment cards will increase from 243.2 million shipments in 2022 to a forecast of 471.1 million in 2027. "Critically, instant issuance of payment cards is no longer limited to the physical," said Sam Gazeley, industry analyst at ABI Research . Indeed, the growing digitization of p

Global Digital Business and IT Consulting Outlook

Across the globe, CEOs and their leadership teams continue to seek information and guidance about planned Digital Transformation initiatives and the most effective enterprise organization change management practices. Worldwide IT and Business Services revenue will grow from $1.13 trillion in 2022 to $1.2 trillion in 2023 -- that's a 5.7 percent year-over-year growth, according to the latest market study by International Data Corporation (IDC). The mid-term to long-term outlook for the market has also increased -- the five-year CAGR is forecast at 5.2 percent, compared to the previous 4.9 percent. Digital Sevices & Consulting Market Development IDC has raised the growth projection despite a weak economic outlook, because of vendor performances across 2022, growth indicators from adjacent markets, increased government funding, and inflation impacts. The actual 2022 market growth was 6.7 percent (in constant currency), which was 87 basis points higher than forecast last year, alth

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