Fee revenue will be bigger.
There are 2 business models Coby talks to and they show all of the revenue flows. One for simpler products and smaller Companies. The second for bigger companies and more complex products.
You cannot estimate WBT embedded revenue by only estimating 1 revenue stream.
And the majority of market will shift towards ReRam
3% of 37 billion is the 2028 Yole Estimate = 1 billion
But go out another 10 years and my guess is Reram is 70% if that market, so a 26B market for ReRam.
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