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Smart home payments transaction value to exceed USD 164 bln by 2025

Monday 9 November 2020 | 14:08 CET | News
The total transaction value of payments that occur via smart home devices are forecast to grow 630 percent from 2020 to USD 164 billion in 2025, driven by an increasing use of voice assistants via smart speakers for e-commerce, according to a study from Juniper Research. The researchers predict that the use of smart displays will be transformative for voice payments in the home, by allowing users to see products and confirm purchases. 

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Categories: Internet
Companies: Google / PayPal
Countries: World
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