Code: MTA9538 | Publication Date: Sep 2025 |
The main factors promoting growth include the increasing popularity of voice assistants for e-commerce, the accessibility of hands-free shopping experiences, and the use of voice-enabled purchases for seamless payment.
The Voice Commerce market is seeing a wave of trends driven by voice assistant use in e-commerce transactions. Voice ordering, purchasing, and payment are starting to gain traction through intelligent speakers and mobile devices. AI-based personalization is augmenting the shopping experience by allowing voice assistants to understand the customers' preferences and make relevant recommendations. Additionally, the growth of Voice Commerce in retail, banking, and food delivery is contributing to the change in the market.
The Voice Commerce market is experiencing key developments, particularly in the integration of voice-based payment systems and enhanced natural language processing. Retailers are increasingly adopting voice-enabled shopping experiences, allowing users to place orders, track deliveries, and make payments through voice commands. Additionally, the rise of voice-enabled search and personalized recommendations is improving the user experience. The growth of voice commerce is also being fuelled by advancements in voice security technologies, such as voice biometrics, for secure transactions.
Some of the leading companies include: