Global Digital Payments Market Set for Substantial Growth by 2030

In the ever-evolving landscape of global commerce, online payments continue to shape the way we conduct transactions. Despite the resurgence of in-person shopping, the digital realm remains a powerhouse, with credit cards maintaining their dominance, as stated in the latest report, Global Online Payment Methods 2023.

Topics: Telecommunications & Wireless Financial Services Industry Insights

3 Emerging Trends in Payment Technology

The payment landscape has witnessed significant transformations due to the accelerated growth of mobile and online payment methods, particularly during the pandemic. As consumers and businesses worldwide embraced digital payments, several innovative trends emerged within the conventional payment market. This article explores three noteworthy developments: virtual cards, in-car payments, and the concept of Request-to-Pay.

Topics: Telecommunications & Wireless Financial Services

6G Market Projected to Grow at a CAGR of 103%

6G is anticipated to assume a crucial role in enhancing the performance and efficiency of telecommunication systems in both industrial and consumer settings. In an era marked by the exponential rise of the Internet of Things (IoT), Industry 4.0, and home automation, the demand for cutting-edge network solutions has become an indispensable facet of the telecommunications sector.

Topics: Telecommunications & Wireless Industry Insights

Is the Future of Shopping Cashless? Predicting the Future of Payments

The landscape of commerce has undergone a radical transformation through the integration of technology, revolutionizing both online and offline purchasing channels. From in-store experiences to online shopping and social media interactions, consumers worldwide have embraced the versatility of modern payment methods.

Topics: E-commerce & IT Outsourcing Telecommunications & Wireless Financial Services Industry Insights

Telecom Customer Experience Management Trends and Use Cases in 2023

Customer experience in a telco perspective takes on several layers. For instance, it has to span across both wholesale and retail customers and embodies the entire gamut of experiences offered to the customer, be it the retail store experience, the network quality, the telco chat app, or even their customer care function on social media portals.

Topics: Telecommunications & Wireless Industry Insights

Innovation in Edge Computing and Its Relationship to 5G

Edge computing is a term that refers to a diffused computing structure that creates a fusion of enterprise applications and data sources, such as local edge servers or IoT devices. 

Topics: Telecommunications & Wireless Industry Insights

Electric Propulsion Opening New Space Opportunities for LEO Missions

Low Earth orbit (LEO)-based missions are vulnerable to severe orbital decay as compared to those in higher orbits, so efficient propulsion capability for station-keeping remains a critical element for these missions. 

Topics: Telecommunications & Wireless Industry Insights

The Growing Metaverse Market: A Quick Overview

Metaverse is one of the trending technologies potentially transforming the next version of the internet and digital platforms.

Topics: Software & Enterprise Computing Computer Hardware & Networking Telecommunications & Wireless Industry Insights

The Role of Satellites in the Development of 5G Networks

There is a massive requirement for digitalization which promises to revolutionize a wide range of businesses. Currently, 5G is still developing but has promising capabilities for providing better solutions to key challenges.

Topics: Telecommunications & Wireless Industry Insights

The Impact of COVID-19 on the Cybersecurity Market

One of the most dramatic changes caused by the Coronavirus pandemic was an immediate boom in online activity of all types, from ecommerce to streaming of entertainment to wider adoption of online access to financial tools, as well as utilization of online education.

Topics: Software & Enterprise Computing Telecommunications & Wireless Industry Insights