Global Voice Based Payments Market Size & Outlook
Global voice based payments market, 2018-2030 (US$M)
Related Markets
Global voice based payments market highlights
- The global voice based payments market generated a revenue of USD 6,971.3 million in 2023 and is expected to reach USD 14,663.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 11.2% by 2030.
- In terms of segment, software accounted for a revenue of USD 4,692.7 million in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 6,971.3 million |
| Market revenue in 2030 | USD 14,663.5 million |
| Growth rate | 11.2% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software |
Other key industry trends
- In terms of revenue, the North America accounted for 32.8% of the global voice based payments market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 3,559.2 million by 2030.
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Voice Based Payments Market Scope
Voice Based Payments Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global voice based payments market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to voice based payments market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 67.31% in 2023. Horizon Databook has segmented the Global voice based payments market based on hardware, software covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Voice Based Payments Component Outlook (Revenue, USD Million, 2018-2030)
- Merchant Plug in
- Access Control Server
- Hardware
- Software
- Others
- Global Voice Based Payments Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- Large Enterprises
- Small & Medium Enterprises
- Global Voice Based Payments End Use Outlook (Revenue, USD Million, 2018-2030)
- BFSI
- Automotive
- Healthcare
- Retail
- Government
- Others
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Target buyers of Global voice based payments market databook
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Our clientele includes a mix of voice based payments market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global voice based payments market , including forecasts for subscribers. This global databook contains high-level insights into Global voice based payments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global voice based payments market outlook size, by region, 2018-2030 (US$M)
Top 10 countries: Voice based payments market size, 2023 (US$M)
Global voice based payments market share, by component, 2023 & 2030 (%, US$M)
Voice based payments market: Opportunity assessment by country
Global voice based payments market, by region, 2023 (US$M)
| Component | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,611.2 | 1,711.3 | 1,822.5 | 1,966.1 | 2,116.3 | 2,287.5 | 2,483.7 | 2,707.7 | 2,966.5 | 3,267.6 | 3,621.0 | 4,039.2 | 4,536.9 | 10.3% |
| Europe | 1,335.1 | 1,421.3 | 1,517.3 | 1,640.5 | 1,770.5 | 1,918.7 | 2,088.7 | 2,283.0 | 2,507.7 | 2,769.5 | 3,077.1 | 3,441.4 | 3,875.6 | 10.6% |
| Asia Pacific | 1,084.1 | 1,176.7 | 1,280.5 | 1,412.2 | 1,552.3 | 1,713.5 | 1,899.8 | 2,115.1 | 2,366.3 | 2,661.7 | 3,012.1 | 3,431.2 | 3,935.7 | 12.6% |
| Latin America | 400.8 | 433.6 | 470.4 | 516.9 | 566.6 | 623.7 | 689.6 | 765.6 | 854.1 | 958.1 | 1,081.1 | 1,228.1 | 1,404.8 | 12.3% |
| MEA | 284.8 | 305.8 | 329.3 | 356.2 | 389.9 | 427.9 | 471.2 | 520.2 | 576.5 | 641.4 | 717.0 | 805.8 | 910.6 | 11.4% |
| Overall | 4,716.0 | 5,048.7 | 5,420.0 | 5,891.9 | 6,395.7 | 6,971.3 | 7,632.9 | 8,391.6 | 9,271.0 | 10,298.2 | 11,508.3 | 12,945.7 | 14,663.5 | 11.2% |
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