October 2020

29
Oct
2020

Physical Goods to Drive Subscription Economy Growth

POSTED BY James Moar
Despite the popularity of digital subscriptions, such as Netflix or Spotify, it is the physical goods market that will drive subscription economy growth. Indeed, a recent Juniper Research study found that consumer subscriptions for physical goods will grow from an expected $64 billion in 2020 to more than $263 billion in 2025.
14
Oct
2020

Instant Payments Injecting Speed into the Payments Market

POSTED BY Nick Maynard
Despite the fact card and online payments may look very fast to us, they are not taking place instantly. Indeed, instant payments are transactions that are completed within ten seconds. This new payment innovation, which is currently led by Europe, will reach $18 trillion in 2025; generating a growth of over 500%. This represents 17% of all B2B and consumer digital money transfer and banking payments by value in 2025. It is therefore safe to say that instant payments have the potential to disrupt the current payments landscape.
08
Oct
2020

In-vehicle Payments Set to Disrupt Existing Payments Systems

POSTED BY Nick Maynard
A key new development in the IoV (Internet of Vehicles) is the introduction of payments to the connected vehicles concept. Indeed, a new study from Juniper Research has found that the value of in-vehicle payments, where a payment is made via embedded vehicle systems, will reach $86 billion in 2025, up from just $543 million in 2020. This dramatic growth will be driven by increased partnerships which are improving the availability of services, particularly in the fuel and smart parking segments.
02
Oct
2020

Lockdown Measures Driving Sextech Device Adoption

POSTED BY Scarlett Woodford
During lockdown periods, consumer spend on sextech devices increased to simulate intimacy, without breaching social distancing measures. As a result, a new study from Juniper Research has found that there will be over 36 million connected sextech devices in use in 2020; rising from 19 million in 2019 and representing a growth of 87%.