PYMNTS-MonitorEdge-May-2024

Voice Commerce Slowly Catching On, Fashion Embraces Metaverse, CA Law Could Hamper Supply Chain

Voice Commerce

Visual enhancements could boost the voice commerce market. Plus, supply chain woes could get worse with a new California law, and the fashion and apparel industry sees metaverse as an important part of its growth.

Data:

17%: Share of total U.S. imports that come from California.

80: Number of days it now takes to move Nike products from Asia to North America (double the pre-pandemic timeframe).

26%: Portion of Americans who own a voice-controlled device.

$19.4B: Juniper’s projection for eCommerce transaction volume via voice assistants by 2023.

28M: Number of people in the U.S. who use virtual reality headsets.

PYMNTS-MonitorEdge-May-2024