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Tuesday, November 10, 2020

Continued Rise of Home Assistant Devices

 My array of devices and their use continues to rise, despite the less that 'Smartness' still in evidence.  

Transactions With Voice Assistants on Smart Home Devices Will Hit $164B in 2025: Report

 Eric Hal Schwartz    in Voicebot.ai

Smart home devices will carry out more than $164 billion worth of transactions in 2025, according to a new report from Juniper Research. That’s more than 630% growth in five years from the $22 billion expected this year, the result of more opportunity to use voice assistants to purchase items.


The enormous spike in transactions carried out with voice assistants can be attributed to a few factors. More people owning smart displays will help boost how comfortable people are with using their voice to make purchases because they can actually see what they are going to buy and observe the process. The report suggests that reaching that number will need connections between smart speakers and smart displays in case the purchase begins as an audio search before the user decides to take a look at the visual and confirm the purchase. Another major driver to voice commerce at home will be smart TVs, for similar reasons. Juniper predicts that more than a fifth of the 2025 value, almost $33 billion, will flow through smart televisions. In comparison, less than 1% of transactions will happen via connected appliances. That’s not surprising as any such appliance like a refrigerator would need to have all of the features of a smart speaker or display to compete with a smart TV.   .... " 

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