• Terms and Conditions
  • Privacy Policy
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Contact Us
News Zents
No Result
View All Result
  • Home
  • Business
  • Economy
  • Fintech
  • Finance
  • Insurance
  • Market
  • Startups
No Result
View All Result
  • Home
  • Business
  • Economy
  • Fintech
  • Finance
  • Insurance
  • Market
  • Startups
News Zents
No Result
View All Result
Home Fintech

Millennials Desire To Consolidate Connected Devices

PYMNTS by PYMNTS
October 11, 2022
0


Connected devices have enabled consumers to centralize all manner of daily tasks, making it easy to buy groceries, monitor bank transactions, track health data and purchase local transportation all through a single point of contact.

According to PYMNTS’ report ‘Super Apps For the Super Connected,’ 350 million internet users across the United States, the United Kingdom, Australia and Germany own a median of 6.5 of these devices, which together with a “myriad apps, websites, platforms and marketplaces, make up the internet’s thoroughly decentralized global digital ecosystem.”

Get the report: Super Apps For the Super Connected

It’s no surprise then that digital consolidation is gaining traction globally, boosting the appeal of super apps that can help simplify and improve the online lives of connected consumers, especially young consumers.

Read more: Super Apps Promise Relief for Always On Millennials

In fact, per the report, published in collaboration with PayPal, almost 85% of the 9,904 consumers surveyed across the four countries who said they want to use a super app were millennials, bridge millennials and Generation Z consumers.

 

 

The study further identified three consumer personas — Basic-Tech, Mainstream and Tech-Driven — each having a different level of engagement with technology and interest in a super app solution.

When it came to the Tech-Driven persona, millennials and high-income consumers accounted for most consumers in that group, each owning seven to eight devices on average and having “the largest, most diverse connected-device ecosystems of any generation.”

 

For all PYMNTS EMEA coverage, subscribe to the daily EMEA Newsletter.

New PYMNTS Study: How Consumers Use Digital Banks

A PYMNTS survey of 2,124 US consumers shows that while two-thirds of consumers have used FinTechs for some aspect of banking services, just 9.3% call them their primary bank.

Sign up for our daily newsletter.

We’re always on the lookout for opportunities to partner with innovators and disruptors.

Learn More


https://www.pymnts.com/cryptocurrency/2022/study-of-digital-dollar-beneficial-even-if-cbdcs-never-happen-cleveland-fed-head/partial/

See More In: Australia, Connected Economy, Consumer Spending, ecommerce, EMEA, Germany, Millennials, News, PYMNTS Study, Retail, super app, Super Apps For the Super Connected, uk, us
Tags: ConnectedConsolidateDesiredevicesMillennials
Advertisement Banner
PYMNTS

PYMNTS

Next Post

Oil prices slide as dollar strengthens, China COVID-19 woes dampen demand By Reuters

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Putting R10,000 in South Africa’s major savings accounts – what you get from fixed deposit vs notice vs savings

November 22, 2022

Marathon reports $80M exposure to bankrupt mining firm By Cointelegraph

October 8, 2022

UAE Fintech Mamo Gets DIFC Nod of Approval

October 10, 2022

Credit Suisse seeks billions from investors in make-or-break overhaul By Reuters

October 27, 2022

Fed Slows Pace of Rate Hikes

December 17, 2022

Remember an Underappreciated Honest Politician

October 14, 2022

Recent News

Over 1,000 Institutions Shun Swiss Regulator’s License Application

January 30, 2023

Long Covid has ‘underappreciated’ role in labor gap: study

January 30, 2023

Categories

  • Business
  • Economy
  • Finance
  • Fintech
  • Insurance
  • Market
  • Regulation
  • Startups
  • Uncategorized

This is an online news portal designed to provide the latest market news, world news, fintech, and more like that from around the world. We are committed to sharing only high-quality content from the world's best trusted sources.

  • Terms and Conditions
  • Privacy Policy
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Contact Us

© 2015 - 2022 Newszents - All contents Copyright Newszents. All rights reserved

No Result
View All Result
  • Home
  • Business
  • Economy
  • Finance
  • Fintech
  • Insurance
  • Market
  • Startups

© 2015 - 2022 Newszents - All contents Copyright Newszents. All rights reserved