Smart home payments transaction value to exceed $164bn globally by 2025

A new study from Juniper Research has found that the total transaction value of smart home payments, payments that occur via smart home devices, will exceed $164 billion (€138.21 billion) in 2025, from $22 billion (€18.54 billion) in 2020.

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CSP sales channels will be sidelined in US$21.3bn smart home device market by 2024, says Rethink

In key geographic markets, smart home device sales will reach 356.3 million units annually in 2024, accounting for 80.2 million total smart homes. This represents an installed base of 1.33 billion smart home devices, with annual sales revenue of $21.3 billion (€18.99 billion) in 2024.

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