Global Wearable Payment Device Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Wearable Payment Device Market is presumed to reach the market size of nearly USD 349.31 Billion by 2032 from USD 32.13 Billion in 2023 with a CAGR of 30.36% under the study period 2024-2032.

Wearable payment includes those payment transactions which is carried out through wearable devices integrated with wireless technologies such as NFC and RFID. Wearable payment devices provide customers a contactless and convenient payment mode and ensure hygiene and safety, particularly after the COVID-19 outbreak. Wearables are electronic devices or technology incorporated into items that can even be worn on a body. These wearable devices are utilized for tracking information on a real-time basis. They have motion sensors that take the snapshot of day-to-day activity and sync them with mobile devices or laptop computers.

MARKET DYNAMICS

The surging adoption of secure and advanced technology-based digital payment solutions and the increasing focus of wearable technology providers on offering enhanced customer services with mobile applications is the major factor driving the wearable payment device market. The, increase in digitization, followed by the growing adoption of a cashless economy observed in several countries lead to high market demand from several industries. The Growing inclination toward contactless payment methods due to hygiene concerns amid COVID-19 is positively impacting the market growth. Moreover, the increasing adoption of advanced technologies, such as NFC, RFID, and host card emulation, in wearable payment devices is likely to create growth opportunities for key players of the wearable payment device market.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Wearable Payment Device. The growth and trends of Wearable Payment Device industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Wearable Payment Device market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Type

Fitness Tracker
Payment Wristbands
Smart Watches

By Technology

Barcodes
Contactless Point of Sale (POS) Terminals
Near Field Communication (NFC)
Quick Response (QR) Codes
Radio Frequency Identification (RFID)

By Application

Festival & Life Events
Fitness
Healthcare
Retail
Transportation
Others
Wearable Payments Devices

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Wearable Payment Device market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Wearable Payment Device market include Apple Inc., Barclays PLC, Gemalto NV, Google LLC, Mastercard, Nymi, PayPal Holdings Inc., Samsung Electronics, Visa Inc., Wirecard. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR11215959

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. WEARABLE PAYMENT DEVICE - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Technology
- 3.7.3 Market Attractiveness Analysis By Application
- 3.7.4 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL WEARABLE PAYMENT DEVICE MARKET ANALYSIS BY TYPE

5.1. Overview By Type
5.2. Historical and Forecast Data Analysis By Type
5.3. Fitness Tracker Historic and Forecast Sales By Regions
5.4. Payment Wristbands Historic and Forecast Sales By Regions
5.5. Smart Watches Historic and Forecast Sales By Regions

6. GLOBAL WEARABLE PAYMENT DEVICE MARKET ANALYSIS BY TECHNOLOGY

6.1. Overview By Technology
6.2. Historical and Forecast Data Analysis By Technology
6.3. Barcodes Historic and Forecast Sales By Regions
6.4. Contactless Point of Sale (POS) Terminals Historic and Forecast Sales By Regions
6.5. Near Field Communication (NFC) Historic and Forecast Sales By Regions
6.6. Quick Response (QR) Codes Historic and Forecast Sales By Regions
6.7. Radio Frequency Identification (RFID) Historic and Forecast Sales By Regions

7. GLOBAL WEARABLE PAYMENT DEVICE MARKET ANALYSIS BY APPLICATION

7.1. Overview By Application
7.2. Historical and Forecast Data Analysis By Application
7.3. Festival & Life Events Historic and Forecast Sales By Regions
7.4. Fitness Historic and Forecast Sales By Regions
7.5. Healthcare Historic and Forecast Sales By Regions
7.6. Retail Historic and Forecast Sales By Regions
7.7. Transportation Historic and Forecast Sales By Regions
7.8. Others Historic and Forecast Sales By Regions
7.9. Wearable Payments Devices Historic and Forecast Sales By Regions

8. GLOBAL WEARABLE PAYMENT DEVICE MARKET ANALYSIS BY GEOGRAPHY

8.1. Regional Outlook
8.2. Introduction
8.3. North America Sales Analysis
- 8.3.1 Overview, Historic and Forecast Data Sales Analysis
- 8.3.2 North America By Segment Sales Analysis
- 8.3.3 North America By Country Sales Analysis
- 8.3.4 United States Sales Analysis
- 8.3.5 Canada Sales Analysis
- 8.3.6 Mexico Sales Analysis
8.4. Europe Sales Analysis
- 8.4.1 Overview, Historic and Forecast Data Sales Analysis
- 8.4.2 Europe By Segment Sales Analysis
- 8.4.3 Europe By Country Sales Analysis
- 8.4.4 United Kingdom Sales Analysis
- 8.4.5 France Sales Analysis
- 8.4.6 Germany Sales Analysis
- 8.4.7 Italy Sales Analysis
- 8.4.8 Russia Sales Analysis
- 8.4.9 Rest Of Europe Sales Analysis
8.5. Asia Pacific Sales Analysis
- 8.5.1 Overview, Historic and Forecast Data Sales Analysis
- 8.5.2 Asia Pacific By Segment Sales Analysis
- 8.5.3 Asia Pacific By Country Sales Analysis
- 8.5.4 China Sales Analysis
- 8.5.5 India Sales Analysis
- 8.5.6 Japan Sales Analysis
- 8.5.7 South Korea Sales Analysis
- 8.5.8 Australia Sales Analysis
- 8.5.9 South East Asia Sales Analysis
- 8.5.10 Rest Of Asia Pacific Sales Analysis
8.6. Latin America Sales Analysis
- 8.6.1 Overview, Historic and Forecast Data Sales Analysis
- 8.6.2 Latin America By Segment Sales Analysis
- 8.6.3 Latin America By Country Sales Analysis
- 8.6.4 Brazil Sales Analysis
- 8.6.5 Argentina Sales Analysis
- 8.6.6 Peru Sales Analysis
- 8.6.7 Chile Sales Analysis
- 8.6.8 Rest of Latin America Sales Analysis
8.7. Middle East & Africa Sales Analysis
- 8.7.1 Overview, Historic and Forecast Data Sales Analysis
- 8.7.2 Middle East & Africa By Segment Sales Analysis
- 8.7.3 Middle East & Africa By Country Sales Analysis
- 8.7.4 Saudi Arabia Sales Analysis
- 8.7.5 UAE Sales Analysis
- 8.7.6 Israel Sales Analysis
- 8.7.7 South Africa Sales Analysis
- 8.7.8 Rest Of Middle East And Africa Sales Analysis

9. COMPETITIVE LANDSCAPE OF THE WEARABLE PAYMENT DEVICE COMPANIES

9.1. Wearable Payment Device Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments

10. COMPANY PROFILES OF WEARABLE PAYMENT DEVICE INDUSTRY

10.1. Top Companies Market Share Analysis
10.2. Market Concentration Rate
10.3. Apple Inc.
- 10.3.1 Company Overview
- 10.3.2 Company Revenue
- 10.3.3 Products
- 10.3.4 Recent Developments
10.4. Barclays PLC
- 10.4.1 Company Overview
- 10.4.2 Company Revenue
- 10.4.3 Products
- 10.4.4 Recent Developments
10.5. Gemalto NV
- 10.5.1 Company Overview
- 10.5.2 Company Revenue
- 10.5.3 Products
- 10.5.4 Recent Developments
10.6. Google LLC
- 10.6.1 Company Overview
- 10.6.2 Company Revenue
- 10.6.3 Products
- 10.6.4 Recent Developments
10.7. Mastercard
- 10.7.1 Company Overview
- 10.7.2 Company Revenue
- 10.7.3 Products
- 10.7.4 Recent Developments
10.8. Nymi
- 10.8.1 Company Overview
- 10.8.2 Company Revenue
- 10.8.3 Products
- 10.8.4 Recent Developments
10.9. PayPal Holdings Inc.
- 10.9.1 Company Overview
- 10.9.2 Company Revenue
- 10.9.3 Products
- 10.9.4 Recent Developments
10.10. Samsung Electronics
- 10.10.1 Company Overview
- 10.10.2 Company Revenue
- 10.10.3 Products
- 10.10.4 Recent Developments
10.11. Visa Inc.
- 10.11.1 Company Overview
- 10.11.2 Company Revenue
- 10.11.3 Products
- 10.11.4 Recent Developments
10.12. Wirecard
- 10.12.1 Company Overview
- 10.12.2 Company Revenue
- 10.12.3 Products
- 10.12.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies