Wearable Payment Devices Market
Wearable Payment Devices Market - Global Industry Assessment & Forecast
#
Pages:
143
Base Year:
2022
May - 2022
Format:
Report Code:
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
Wearable Payment Devices Market Segment Analysis
- Wearable Payment Devices Device Type Outlook (Revenue, USD Million, 2018 - 2030)
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- Wearable Payment Devices Technology Outlook (Revenue, USD Million, 2018 - 2030)
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- Wearable Payment Devices Sales Channel Outlook (Revenue, USD Million, 2018 - 2030)
- Direct Sales
- Indirect Sales
- Wearable Payment Devices Application Outlook (Revenue, USD Million, 2018 - 2030)
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
-
North America Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
-
North America Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
-
North America Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- U.S.
- U.S. Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- U.S. Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- U.S. Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- U.S. Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- U.S. Wearable Payment Devices Market, by Device Type
- Canada
- Canada Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- Canada Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- Canada Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- Canada Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- Canada Wearable Payment Devices Market, by Device Type
-
Mexico
- Mexico Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- Mexico Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- Mexico Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- Mexico Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- Mexico Wearable Payment Devices Market, by Device Type
-
North America Wearable Payment Devices Market, by Device Type
- Europe
-
Europe Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
-
Europe Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
-
Europe Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
-
Europe Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- U. K.
- U.K. Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- U.K. Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- U.K. Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- U.K. Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- U.K. Wearable Payment Devices Market, by Device Type
- France
- France Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- France Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- France Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- France Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- France Wearable Payment Devices Market, by Device Type
-
Germany
- Germany Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- Germany Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- Germany Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- Germany Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- Germany Wearable Payment Devices Market, by Device Type
-
Italy
- Italy Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- Italy Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- Italy Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- Italy Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- Italy Wearable Payment Devices Market, by Device Type
-
Spain
- Spain Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- Spain Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- Spain Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- Spain Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- Spain Wearable Payment Devices Market, by Device Type
-
Rest of Europe
- Rest of Europe Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- Rest of Europe Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- Rest of Europe Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- Rest of Europe Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- Rest of Europe Wearable Payment Devices Market, by Device Type
-
Europe Wearable Payment Devices Market, by Device Type
- Asia Pacific
-
Asia Pacific Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
-
Asia Pacific Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
-
Asia Pacific Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
-
Asia Pacific Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- China
- China Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- China Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- China Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- China Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- China Wearable Payment Devices Market, by Device Type
- Japan
- Japan Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- Japan Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- Japan Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- Japan Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- Japan Wearable Payment Devices Market, by Device Type
-
Germany
- Germany Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- Germany Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- Germany Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- Germany Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- Germany Wearable Payment Devices Market, by Device Type
-
India
- India Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- India Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- India Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- India Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- India Wearable Payment Devices Market, by Device Type
-
South Korea
- South Korea Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- South Korea Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- South Korea Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- South Korea Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- South Korea Wearable Payment Devices Market, by Device Type
-
South East Asia
- South East Asia Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- South East Asia Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- South East Asia Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- South East Asia Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- South East Asia Wearable Payment Devices Market, by Device Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- Rest of Asia Pacific Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- Rest of Asia Pacific Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- Rest of Asia Pacific Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- Rest of Asia Pacific Wearable Payment Devices Market, by Device Type
-
Asia Pacific Wearable Payment Devices Market, by Device Type
- Latin America
-
Latin America Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
-
Latin America Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
-
Latin America Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
-
Latin America Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- Brazil
- Brazil Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- Brazil Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- Brazil Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- Brazil Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- Brazil Wearable Payment Devices Market, by Device Type
- Argentina
- Argentina Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- Argentina Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- Argentina Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- Argentina Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- Argentina Wearable Payment Devices Market, by Device Type
-
Rest of Latin America
- Rest of Latin America Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- Rest of Latin America Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- Rest of Latin America Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- Rest of Latin America Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- Rest of Latin America Wearable Payment Devices Market, by Device Type
-
Latin America Wearable Payment Devices Market, by Device Type
- Middle East & Africa
-
Middle East & Africa Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
-
Middle East & Africa Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
-
Middle East & Africa Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
-
Middle East & Africa Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- GCC Countries
- GCC Countries Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- GCC Countries Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- GCC Countries Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- GCC Countries Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- GCC Countries Wearable Payment Devices Market, by Device Type
- South Africa
- South Africa Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- South Africa Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- South Africa Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- South Africa Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- South Africa Wearable Payment Devices Market, by Device Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Wearable Payment Devices Market, by Device Type
- Smart Watches
- Fitness Trackers
- Payment Wristbands
- Smart Rings
- Rest of Middle East & Africa Wearable Payment Devices Market, by Technology
- Near Field Communication Technology (NFC)
- Radio Frequency Identification (RFID)
- QR & Barcode
- Rest of Middle East & Africa Wearable Payment Devices Market, by Sales Channel
- Direct Sales
- Indirect Sales
- Rest of Middle East & Africa Wearable Payment Devices Market, by Application
- Retail/Grocery Stores
- Restaurants
- Hospitals/Pharmacies
- Entertainment Centers
- Others
- Rest of Middle East & Africa Wearable Payment Devices Market, by Device Type
-
Middle East & Africa Wearable Payment Devices Market, by Device Type
- North America
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.
