Wearable Payment Devices Market Size

Wearable Payment Devices Market size was valued at USD 60.8 billion in 2024 and is likely to cross USD 330.15 billion by 2037, registering more than 13.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of wearable payment devices is assessed at USD 67.98 billion.
 

Governments across the world have recommended using contactless payment options amid the COVID-19 outbreak. There has been a massive surge in digital payments since then. Wearable payment devices technology has become increasingly reliable and efficient over the years upon usage of cutting edge technology. Many global and regional players have been launching new models of wearable devices frequently at relatively lower prices.