Report overview
Wearable devices are the smart electronic devices that are worn in close contact with the skin. Smart watches, wrist bands and smart rings are some examples of the most popular wearable devices in the recent times. They can detect, analyze and transmit information about the vital signs of the body. They are devices which use the application of internet of things (IoT) as the data is actively exchanged with the operator, manufacturer and other connected devices. These devices are also used for contactless payment.
This report contains market size and forecasts of Contactless Wearable Payment Device in global, including the following market information:
Global Contactless Wearable Payment Device Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Contactless Wearable Payment Device Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Contactless Wearable Payment Device companies in 2021 (%)
The global Contactless Wearable Payment Device market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Smart Watches Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Contactless Wearable Payment Device include Apple, Samsung Electronics, Fitbit Inc, Garmin AB, Xiaomi Corporation, American Express, Barclays, LG Electronics and Fossil Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Contactless Wearable Payment Device manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Contactless Wearable Payment Device Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Contactless Wearable Payment Device Market Segment Percentages, by Type, 2021 (%)
Smart Watches
Fitness Trackers
Payment Wristbands
Smart Rings
Global Contactless Wearable Payment Device Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Contactless Wearable Payment Device Market Segment Percentages, by Application, 2021 (%)
Online Store
Supermarket
Electronics Retail Store
Other
Global Contactless Wearable Payment Device Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Contactless Wearable Payment Device Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Contactless Wearable Payment Device revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Contactless Wearable Payment Device revenues share in global market, 2021 (%)
Key companies Contactless Wearable Payment Device sales in global market, 2017-2022 (Estimated), (Units)
Key companies Contactless Wearable Payment Device sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Apple
Samsung Electronics
Fitbit Inc
Garmin AB
Xiaomi Corporation
American Express
Barclays
LG Electronics
Fossil Group
GOQii
STMicroelectronics
INSIDE Secure
Infineon Technologies
Gemalto N.V.
Giesecke & Devrient GmbH
Oberthur Technologies
Diebold Inc
HID Global
MCR Systems
Heartland Payment Systems, Inc
Ingenico Group
