Voice-based Payments Market Development Trends of Analysis Report By 2030
Voice-based Payments Market Growth & Trends The global voice-based payments market size is expected to reach USD 14.66 billion by 2030, expanding at a CAGR of 10.9% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. The growing adoption of voice commerce solutions worldwide is anticipated to drive the growth of the market. The strong emphasis payment service providers are putting on offering enhanced payment solutions also bodes well for the market growth. Voice-based Payments Market Segmentation Grand View Research has segmented the global voice-based payments market based on component, enterprise size, end-use, and region. Based on the Component Insights, the market is segmented into Software and Hardware. The software segment dominated the market in 2021 and accounted for a share of more than 66.0% of the global revenue. The growing integration of virtual assistants, such as Google Assistant, Alexa, and Siri, into the voice-based...