Wearable Payment Devices Market
Wearable Payment Devices Market - Global Industry Assessment & Forecast
#
Pages:
143
2022
May - 2022
VMR-1555
Segments Covered
By
Device Type Smart Watches, Fitness Trackers, Payment Wristbands, Smart Rings
-
By
Technology Near Field Communication Technology (NFC), Radio Frequency Identification (RFID), QR & Barcode
-
By
Sales Channel Direct Sales, Indirect Sales
-
By
Application Retail/Grocery Stores, Restaurants, Hospitals/Pharmacies, Entertainment Centers, Others
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 47.50 Billion |
 Revenue 2030:
|
USD 127.19 Billion |
 Revenue CAGR
(2023 - 2030): |
13.10% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2017 to 2021 |
| 3. | Forecast Data | 2023 to 2030 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
Vantage Market
Research | 17-May-2022
FAQ
Frequently Asked Question
What is the global demand for Wearable Payment Devices in terms of revenue?
-
The global Wearable Payment Devices valued at USD 47.50 Billion in 2022 and is expected to reach USD 127.19 Billion in 2030 growing at a CAGR of 13.10%.
Which are the prominent players in the market?
-
The prominent players in the market are Apple Inc. (US), Samsung Electronics Co. Ltd. (South Korea), Fitbit Inc. (US), Garmin AB (Switzerland), Xiaomi Corporation (China).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 13.10% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Wearable Payment Devices include
- Growing inclination toward contactless payment methods due to hygiene concerns amid COVID-19
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Wearable Payment Devices in 2022.
