Wearable Payments Devices Market 2028 By Device Type, Technology Terminals, Application and Geography | The Insight Partners

Wearable Payments Devices Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Device Type (Fitness Tracker, Payment Wristbands, Smart Watches); Technology (Barcodes, Contactless Point of Sale (POS) Terminals, Near Field Communication (NFC), Quick Response (QR) Codes, Radio Frequency Identification (RFID)); Application (Festival and Life Events, Fitness, Healthcare, Retail, Transportation, Others) and Geography

Report Code: TIPRE00018397 | No. of Pages: 150 | Category: Electronics and Semiconductor | Status: Upcoming

MARKET OVERVIEW

Wearable payments are a secure method for consumers to purchase products or services by using advanced technology integrated in their wearable devices. In addition, it is known as tap-and-go payment method by various retailers and organizations, as it provide retailers and vendors with more secure and error-free payment method.

MARKET SCOPE

The "Global Wearable Payment Devices Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the wearable payment devices market with detailed market segmentation by device type, technology, application, and geography. The report provides key statistics on the market status of the leading wearable payment devices market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION

  •   Based on device type, the global wearable payment devices market is segmented into fitness tracker, payment wristbands, and smart watches.
  •   On the basis of technology, the market is segmented into barcodes, contactless Point of Sale (POS) Terminals, Near Field Communication (NFC), Quick Response (QR) Codes, and Radio Frequency Identification (RFID).
  •   Based on application, the market is segmented into festival and life events, fitness, healthcare, retail, transportation, and others.

MARKET DYNAMICS
Drivers:

  •   The increase in adoption of cashless payments across the globe and rise in demand for wearable devices along with contactless payment for secure and safer payment transaction are the major factors driving the growth of the global wearable payments market.
  •   In addition, wearable payments devices provide enhanced customer experience and more convenient shopping experience to customers, which fuel the growth of the market.

Restraints

  •   Security concerns and high cost of these devices may hamper the growth of the market.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The wearable payment devices market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the wearable payment devices market in these regions.

IMPACT OF COVID-19 ON WEARABLE PAYMENT DEVICES MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.



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MARKET PLAYERS


The report covers key developments in the wearable payment devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from wearable payment devices market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the wearable payment devices market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   Apple, Inc.
  •   Barclays PLC
  •   Gemalto NV
  •   Google LLC
  •   Mastercard
  •   Nymi
  •   PayPal Holdings Inc.
  •   Samsung Electronics;
  •   Visa Inc.
  •   Wirecard


The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.


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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Wearable Payments Devices Market - By Device Type
1.3.2 Wearable Payments Devices Market - By Technology
1.3.3 Wearable Payments Devices Market - By Application
1.3.4 Wearable Payments Devices Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. WEARABLE PAYMENTS DEVICES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. WEARABLE PAYMENTS DEVICES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. WEARABLE PAYMENTS DEVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. WEARABLE PAYMENTS DEVICES - GLOBAL MARKET OVERVIEW
6.2. WEARABLE PAYMENTS DEVICES - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE

7. WEARABLE PAYMENTS DEVICES MARKET - REVENUE AND FORECASTS TO 2027 - DEVICE TYPE
7.1. OVERVIEW
7.2. DEVICE TYPE MARKET FORECASTS AND ANALYSIS
7.3. FITNESS TRACKER
7.3.1. Overview
7.3.2. Fitness Tracker Market Forecast and Analysis
7.4. PAYMENT WRISTBANDS
7.4.1. Overview
7.4.2. Payment Wristbands Market Forecast and Analysis
7.5. SMART WATCHES
7.5.1. Overview
7.5.2. Smart Watches Market Forecast and Analysis
8. WEARABLE PAYMENTS DEVICES MARKET - REVENUE AND FORECASTS TO 2027 - TECHNOLOGY
8.1. OVERVIEW
8.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3. BARCODES
8.3.1. Overview
8.3.2. Barcodes Market Forecast and Analysis
8.4. CONTACTLESS POINT OF SALE (POS) TERMINALS
8.4.1. Overview
8.4.2. Contactless Point of Sale (POS) Terminals Market Forecast and Analysis
8.5. NEAR FIELD COMMUNICATION (NFC)
8.5.1. Overview
8.5.2. Near Field Communication (NFC) Market Forecast and Analysis
8.6. QUICK RESPONSE (QR) CODES
8.6.1. Overview
8.6.2. Quick Response (QR) Codes Market Forecast and Analysis
8.7. RADIO FREQUENCY IDENTIFICATION (RFID)
8.7.1. Overview
8.7.2. Radio Frequency Identification (RFID) Market Forecast and Analysis
9. WEARABLE PAYMENTS DEVICES MARKET - REVENUE AND FORECASTS TO 2027 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. FESTIVAL AND LIFE EVENTS
9.3.1. Overview
9.3.2. Festival and Life Events Market Forecast and Analysis
9.4. FITNESS
9.4.1. Overview
9.4.2. Fitness Market Forecast and Analysis
9.5. HEALTHCARE
9.5.1. Overview
9.5.2. Healthcare Market Forecast and Analysis
9.6. RETAIL
9.6.1. Overview
9.6.2. Retail Market Forecast and Analysis
9.7. TRANSPORTATION
9.7.1. Overview
9.7.2. Transportation Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis

10. WEARABLE PAYMENTS DEVICES MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Wearable Payments Devices Market Overview
10.1.2 North America Wearable Payments Devices Market Forecasts and Analysis
10.1.3 North America Wearable Payments Devices Market Forecasts and Analysis - By Device Type
10.1.4 North America Wearable Payments Devices Market Forecasts and Analysis - By Technology
10.1.5 North America Wearable Payments Devices Market Forecasts and Analysis - By Application
10.1.6 North America Wearable Payments Devices Market Forecasts and Analysis - By Countries
10.1.6.1 United States Wearable Payments Devices Market
10.1.6.1.1 United States Wearable Payments Devices Market by Device Type
10.1.6.1.2 United States Wearable Payments Devices Market by Technology
10.1.6.1.3 United States Wearable Payments Devices Market by Application
10.1.6.2 Canada Wearable Payments Devices Market
10.1.6.2.1 Canada Wearable Payments Devices Market by Device Type
10.1.6.2.2 Canada Wearable Payments Devices Market by Technology
10.1.6.2.3 Canada Wearable Payments Devices Market by Application
10.1.6.3 Mexico Wearable Payments Devices Market
10.1.6.3.1 Mexico Wearable Payments Devices Market by Device Type
10.1.6.3.2 Mexico Wearable Payments Devices Market by Technology
10.1.6.3.3 Mexico Wearable Payments Devices Market by Application
10.2. EUROPE
10.2.1 Europe Wearable Payments Devices Market Overview
10.2.2 Europe Wearable Payments Devices Market Forecasts and Analysis
10.2.3 Europe Wearable Payments Devices Market Forecasts and Analysis - By Device Type
10.2.4 Europe Wearable Payments Devices Market Forecasts and Analysis - By Technology
10.2.5 Europe Wearable Payments Devices Market Forecasts and Analysis - By Application
10.2.6 Europe Wearable Payments Devices Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Wearable Payments Devices Market
10.2.6.1.1 Germany Wearable Payments Devices Market by Device Type
10.2.6.1.2 Germany Wearable Payments Devices Market by Technology
10.2.6.1.3 Germany Wearable Payments Devices Market by Application
10.2.6.2 France Wearable Payments Devices Market
10.2.6.2.1 France Wearable Payments Devices Market by Device Type
10.2.6.2.2 France Wearable Payments Devices Market by Technology
10.2.6.2.3 France Wearable Payments Devices Market by Application
10.2.6.3 Italy Wearable Payments Devices Market
10.2.6.3.1 Italy Wearable Payments Devices Market by Device Type
10.2.6.3.2 Italy Wearable Payments Devices Market by Technology
10.2.6.3.3 Italy Wearable Payments Devices Market by Application
10.2.6.4 United Kingdom Wearable Payments Devices Market
10.2.6.4.1 United Kingdom Wearable Payments Devices Market by Device Type
10.2.6.4.2 United Kingdom Wearable Payments Devices Market by Technology
10.2.6.4.3 United Kingdom Wearable Payments Devices Market by Application
10.2.6.5 Russia Wearable Payments Devices Market
10.2.6.5.1 Russia Wearable Payments Devices Market by Device Type
10.2.6.5.2 Russia Wearable Payments Devices Market by Technology
10.2.6.5.3 Russia Wearable Payments Devices Market by Application
10.2.6.6 Rest of Europe Wearable Payments Devices Market
10.2.6.6.1 Rest of Europe Wearable Payments Devices Market by Device Type
10.2.6.6.2 Rest of Europe Wearable Payments Devices Market by Technology
10.2.6.6.3 Rest of Europe Wearable Payments Devices Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Wearable Payments Devices Market Overview
10.3.2 Asia-Pacific Wearable Payments Devices Market Forecasts and Analysis
10.3.3 Asia-Pacific Wearable Payments Devices Market Forecasts and Analysis - By Device Type
10.3.4 Asia-Pacific Wearable Payments Devices Market Forecasts and Analysis - By Technology
10.3.5 Asia-Pacific Wearable Payments Devices Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Wearable Payments Devices Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Wearable Payments Devices Market
10.3.6.1.1 Australia Wearable Payments Devices Market by Device Type
10.3.6.1.2 Australia Wearable Payments Devices Market by Technology
10.3.6.1.3 Australia Wearable Payments Devices Market by Application
10.3.6.2 China Wearable Payments Devices Market
10.3.6.2.1 China Wearable Payments Devices Market by Device Type
10.3.6.2.2 China Wearable Payments Devices Market by Technology
10.3.6.2.3 China Wearable Payments Devices Market by Application
10.3.6.3 India Wearable Payments Devices Market
10.3.6.3.1 India Wearable Payments Devices Market by Device Type
10.3.6.3.2 India Wearable Payments Devices Market by Technology
10.3.6.3.3 India Wearable Payments Devices Market by Application
10.3.6.4 Japan Wearable Payments Devices Market
10.3.6.4.1 Japan Wearable Payments Devices Market by Device Type
10.3.6.4.2 Japan Wearable Payments Devices Market by Technology
10.3.6.4.3 Japan Wearable Payments Devices Market by Application
10.3.6.5 South Korea Wearable Payments Devices Market
10.3.6.5.1 South Korea Wearable Payments Devices Market by Device Type
10.3.6.5.2 South Korea Wearable Payments Devices Market by Technology
10.3.6.5.3 South Korea Wearable Payments Devices Market by Application
10.3.6.6 Rest of Asia-Pacific Wearable Payments Devices Market
10.3.6.6.1 Rest of Asia-Pacific Wearable Payments Devices Market by Device Type
10.3.6.6.2 Rest of Asia-Pacific Wearable Payments Devices Market by Technology
10.3.6.6.3 Rest of Asia-Pacific Wearable Payments Devices Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Wearable Payments Devices Market Overview
10.4.2 Middle East and Africa Wearable Payments Devices Market Forecasts and Analysis
10.4.3 Middle East and Africa Wearable Payments Devices Market Forecasts and Analysis - By Device Type
10.4.4 Middle East and Africa Wearable Payments Devices Market Forecasts and Analysis - By Technology
10.4.5 Middle East and Africa Wearable Payments Devices Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Wearable Payments Devices Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Wearable Payments Devices Market
10.4.6.1.1 South Africa Wearable Payments Devices Market by Device Type
10.4.6.1.2 South Africa Wearable Payments Devices Market by Technology
10.4.6.1.3 South Africa Wearable Payments Devices Market by Application
10.4.6.2 Saudi Arabia Wearable Payments Devices Market
10.4.6.2.1 Saudi Arabia Wearable Payments Devices Market by Device Type
10.4.6.2.2 Saudi Arabia Wearable Payments Devices Market by Technology
10.4.6.2.3 Saudi Arabia Wearable Payments Devices Market by Application
10.4.6.3 U.A.E Wearable Payments Devices Market
10.4.6.3.1 U.A.E Wearable Payments Devices Market by Device Type
10.4.6.3.2 U.A.E Wearable Payments Devices Market by Technology
10.4.6.3.3 U.A.E Wearable Payments Devices Market by Application
10.4.6.4 Rest of Middle East and Africa Wearable Payments Devices Market
10.4.6.4.1 Rest of Middle East and Africa Wearable Payments Devices Market by Device Type
10.4.6.4.2 Rest of Middle East and Africa Wearable Payments Devices Market by Technology
10.4.6.4.3 Rest of Middle East and Africa Wearable Payments Devices Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Wearable Payments Devices Market Overview
10.5.2 South and Central America Wearable Payments Devices Market Forecasts and Analysis
10.5.3 South and Central America Wearable Payments Devices Market Forecasts and Analysis - By Device Type
10.5.4 South and Central America Wearable Payments Devices Market Forecasts and Analysis - By Technology
10.5.5 South and Central America Wearable Payments Devices Market Forecasts and Analysis - By Application
10.5.6 South and Central America Wearable Payments Devices Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Wearable Payments Devices Market
10.5.6.1.1 Brazil Wearable Payments Devices Market by Device Type
10.5.6.1.2 Brazil Wearable Payments Devices Market by Technology
10.5.6.1.3 Brazil Wearable Payments Devices Market by Application
10.5.6.2 Argentina Wearable Payments Devices Market
10.5.6.2.1 Argentina Wearable Payments Devices Market by Device Type
10.5.6.2.2 Argentina Wearable Payments Devices Market by Technology
10.5.6.2.3 Argentina Wearable Payments Devices Market by Application
10.5.6.3 Rest of South and Central America Wearable Payments Devices Market
10.5.6.3.1 Rest of South and Central America Wearable Payments Devices Market by Device Type
10.5.6.3.2 Rest of South and Central America Wearable Payments Devices Market by Technology
10.5.6.3.3 Rest of South and Central America Wearable Payments Devices Market by Application

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. WEARABLE PAYMENTS DEVICES MARKET, KEY COMPANY PROFILES
12.1. APPLE, INC.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. BARCLAYS PLC
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. GEMALTO NV
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. GOOGLE LLC
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. MASTERCARD
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. NYMI
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. PAYPAL HOLDINGS INC.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. SAMSUNG ELECTRONICS;
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. VISA INC.
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. WIRECARD
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. Apple, Inc.
2. Barclays PLC
3. Gemalto NV
4. Google LLC
5. Mastercard
6. Nymi
7. PayPal Holdings Inc.
8. Samsung Electronics;
9. Visa Inc.
10. Wirecard
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