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Wearable Payment Devices Market Analysis

  • Report ID: 2590
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Wearable Payment Devices Market Analysis

The wearable payment devices market is segmented by device into smart watches, wrist bands and smart rings. Out of these, the smart watch segment is anticipated to grow at the fastest rate on the back of their increasing popularity and newer models being launched frequently. 

Our in-depth analysis of the global market includes the following segments

By Application
  • Retail
  • Events
  • Others

By Device
  • Smart Watches
  • Wrist Bands
  • Smart Rings

By Distribution Channel
  • Online
  • Offline
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Browse Key Market Insights with Data Illustration:

Author Credits:  Abhishek Verma


  • Report ID: 2590
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of wearable payment devices is estimated at USD 59.32 billion.

Wearable Payment Devices Market size was over USD 53.38 billion in 2023 and is anticipated to cross USD 289.86 billion by 2036, growing at more than 13.9% CAGR during the forecast period i.e., between 2024-2036.

North America industry is poised to dominate majority revenue share by 2036, attributed to high investments in wearable payment device technology in the region.

The major players in the market are American Express, Barclays, Apple Inc., Samsung, LG Electronics Inc., Xiaomi Corp., Huawei, Fossil Group Inc., GOQii, and others.
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