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Global Wearable Payment Market Research Report 2024

Global Wearable Payment Market Research Report 2024

Publishing Date : Feb, 2024

License Type :
 

Report Code : 1908163

No of Pages : 110

Synopsis
Wearable payment refers to transactions between wearable devices and contactless payment terminals like NFC. NFC is a standard-based short-range (about 10 cm) connectivity that uses high-frequency wireless communication technology. This technology enables peer-to-peer communication between two devices, by bringing them in close proximity. End-users use this technology to transfer information from their devices to contactless payment terminals such as smartphones and NFC tags. The technology involves a direct transfer of data between wearable devices and POS devices.
The global Wearable Payment market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
According to the report, one of the primary drivers in the market is declining cost of NFC technology. The global wearable payment market is driven by the declining cost of NFC technology. The technology has become more affordable for device manufacturers that integrate the technology into wearable devices. In addition, as the number of vendors offering wearable devices is increasing, it is likely to support the growth of the wearable payment in the coming years. The declining price of NFC technology and the growth of the NFC ecosystem that supports various NFC applications have encouraged vendors to integrate NFC technology into wearable devices. Jawbone launched the fitness device UP4, which is integrated with payment technology. This will likely encourage more people to adopt NFC-enabled wearable devices, which will in turn, drive the growth of the global wearable payment market during the forecast period.
This report aims to provide a comprehensive presentation of the global market for Wearable Payment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wearable Payment.
Report Scope
The Wearable Payment market size, estimations, and forecasts are provided in terms of sales volume (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Wearable Payment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Wearable Payment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Apple
Jawbone
Google
MasterCard
Samsung Electronics
Visa
Alibaba
American Express
Barclays
Broadcom
Fitbit
Gemalto
Infineon Technologies
Inside Secure
MediaTek
Microsoft
NXP Semiconductors
Qualcomm
PayPal
Renesas Electronics
Sony
Xiaomi
Segment by Type
Smart Watches
Fitness Trackers
Payment Wristbands
Segment by Application
Household
Commercial
Others
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Wearable Payment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Wearable Payment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Index
1 Wearable Payment Market Overview
1.1 Product Overview and Scope of Wearable Payment
1.2 Wearable Payment Segment by Type
1.2.1 Global Wearable Payment Market Value Comparison by Type (2024-2030)
1.2.2 Smart Watches
1.2.3 Fitness Trackers
1.2.4 Payment Wristbands
1.3 Wearable Payment Segment by Application
1.3.1 Global Wearable Payment Market Value by Application: (2024-2030)
1.3.2 Household
1.3.3 Commercial
1.3.4 Others
1.4 Global Wearable Payment Market Size Estimates and Forecasts
1.4.1 Global Wearable Payment Revenue 2019-2030
1.4.2 Global Wearable Payment Sales 2019-2030
1.4.3 Global Wearable Payment Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Wearable Payment Market Competition by Manufacturers
2.1 Global Wearable Payment Sales Market Share by Manufacturers (2019-2024)
2.2 Global Wearable Payment Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Wearable Payment Average Price by Manufacturers (2019-2024)
2.4 Global Wearable Payment Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Wearable Payment, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Wearable Payment, Product Type & Application
2.7 Wearable Payment Market Competitive Situation and Trends
2.7.1 Wearable Payment Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Wearable Payment Players Market Share by Revenue
2.7.3 Global Wearable Payment Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Wearable Payment Retrospective Market Scenario by Region
3.1 Global Wearable Payment Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Wearable Payment Global Wearable Payment Sales by Region: 2019-2030
3.2.1 Global Wearable Payment Sales by Region: 2019-2024
3.2.2 Global Wearable Payment Sales by Region: 2025-2030
3.3 Global Wearable Payment Global Wearable Payment Revenue by Region: 2019-2030
3.3.1 Global Wearable Payment Revenue by Region: 2019-2024
3.3.2 Global Wearable Payment Revenue by Region: 2025-2030
3.4 North America Wearable Payment Market Facts & Figures by Country
3.4.1 North America Wearable Payment Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Wearable Payment Sales by Country (2019-2030)
3.4.3 North America Wearable Payment Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Wearable Payment Market Facts & Figures by Country
3.5.1 Europe Wearable Payment Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Wearable Payment Sales by Country (2019-2030)
3.5.3 Europe Wearable Payment Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Wearable Payment Market Facts & Figures by Country
3.6.1 Asia Pacific Wearable Payment Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Wearable Payment Sales by Country (2019-2030)
3.6.3 Asia Pacific Wearable Payment Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Wearable Payment Market Facts & Figures by Country
3.7.1 Latin America Wearable Payment Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Wearable Payment Sales by Country (2019-2030)
3.7.3 Latin America Wearable Payment Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Wearable Payment Market Facts & Figures by Country
3.8.1 Middle East and Africa Wearable Payment Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Wearable Payment Sales by Country (2019-2030)
3.8.3 Middle East and Africa Wearable Payment Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Wearable Payment Sales by Type (2019-2030)
4.1.1 Global Wearable Payment Sales by Type (2019-2024)
4.1.2 Global Wearable Payment Sales by Type (2025-2030)
4.1.3 Global Wearable Payment Sales Market Share by Type (2019-2030)
4.2 Global Wearable Payment Revenue by Type (2019-2030)
4.2.1 Global Wearable Payment Revenue by Type (2019-2024)
4.2.2 Global Wearable Payment Revenue by Type (2025-2030)
4.2.3 Global Wearable Payment Revenue Market Share by Type (2019-2030)
4.3 Global Wearable Payment Price by Type (2019-2030)
5 Segment by Application
5.1 Global Wearable Payment Sales by Application (2019-2030)
5.1.1 Global Wearable Payment Sales by Application (2019-2024)
5.1.2 Global Wearable Payment Sales by Application (2025-2030)
5.1.3 Global Wearable Payment Sales Market Share by Application (2019-2030)
5.2 Global Wearable Payment Revenue by Application (2019-2030)
5.2.1 Global Wearable Payment Revenue by Application (2019-2024)
5.2.2 Global Wearable Payment Revenue by Application (2025-2030)
5.2.3 Global Wearable Payment Revenue Market Share by Application (2019-2030)
5.3 Global Wearable Payment Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Apple
6.1.1 Apple Corporation Information
6.1.2 Apple Description and Business Overview
6.1.3 Apple Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Apple Wearable Payment Product Portfolio
6.1.5 Apple Recent Developments/Updates
6.2 Jawbone
6.2.1 Jawbone Corporation Information
6.2.2 Jawbone Description and Business Overview
6.2.3 Jawbone Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Jawbone Wearable Payment Product Portfolio
6.2.5 Jawbone Recent Developments/Updates
6.3 Google
6.3.1 Google Corporation Information
6.3.2 Google Description and Business Overview
6.3.3 Google Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Google Wearable Payment Product Portfolio
6.3.5 Google Recent Developments/Updates
6.4 MasterCard
6.4.1 MasterCard Corporation Information
6.4.2 MasterCard Description and Business Overview
6.4.3 MasterCard Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.4.4 MasterCard Wearable Payment Product Portfolio
6.4.5 MasterCard Recent Developments/Updates
6.5 Samsung Electronics
6.5.1 Samsung Electronics Corporation Information
6.5.2 Samsung Electronics Description and Business Overview
6.5.3 Samsung Electronics Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Samsung Electronics Wearable Payment Product Portfolio
6.5.5 Samsung Electronics Recent Developments/Updates
6.6 Visa
6.6.1 Visa Corporation Information
6.6.2 Visa Description and Business Overview
6.6.3 Visa Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Visa Wearable Payment Product Portfolio
6.6.5 Visa Recent Developments/Updates
6.7 Alibaba
6.6.1 Alibaba Corporation Information
6.6.2 Alibaba Description and Business Overview
6.6.3 Alibaba Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Alibaba Wearable Payment Product Portfolio
6.7.5 Alibaba Recent Developments/Updates
6.8 American Express
6.8.1 American Express Corporation Information
6.8.2 American Express Description and Business Overview
6.8.3 American Express Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.8.4 American Express Wearable Payment Product Portfolio
6.8.5 American Express Recent Developments/Updates
6.9 Barclays
6.9.1 Barclays Corporation Information
6.9.2 Barclays Description and Business Overview
6.9.3 Barclays Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Barclays Wearable Payment Product Portfolio
6.9.5 Barclays Recent Developments/Updates
6.10 Broadcom
6.10.1 Broadcom Corporation Information
6.10.2 Broadcom Description and Business Overview
6.10.3 Broadcom Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Broadcom Wearable Payment Product Portfolio
6.10.5 Broadcom Recent Developments/Updates
6.11 Fitbit
6.11.1 Fitbit Corporation Information
6.11.2 Fitbit Wearable Payment Description and Business Overview
6.11.3 Fitbit Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Fitbit Wearable Payment Product Portfolio
6.11.5 Fitbit Recent Developments/Updates
6.12 Gemalto
6.12.1 Gemalto Corporation Information
6.12.2 Gemalto Wearable Payment Description and Business Overview
6.12.3 Gemalto Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Gemalto Wearable Payment Product Portfolio
6.12.5 Gemalto Recent Developments/Updates
6.13 Infineon Technologies
6.13.1 Infineon Technologies Corporation Information
6.13.2 Infineon Technologies Wearable Payment Description and Business Overview
6.13.3 Infineon Technologies Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Infineon Technologies Wearable Payment Product Portfolio
6.13.5 Infineon Technologies Recent Developments/Updates
6.14 Inside Secure
6.14.1 Inside Secure Corporation Information
6.14.2 Inside Secure Wearable Payment Description and Business Overview
6.14.3 Inside Secure Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Inside Secure Wearable Payment Product Portfolio
6.14.5 Inside Secure Recent Developments/Updates
6.15 MediaTek
6.15.1 MediaTek Corporation Information
6.15.2 MediaTek Wearable Payment Description and Business Overview
6.15.3 MediaTek Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.15.4 MediaTek Wearable Payment Product Portfolio
6.15.5 MediaTek Recent Developments/Updates
6.16 Microsoft
6.16.1 Microsoft Corporation Information
6.16.2 Microsoft Wearable Payment Description and Business Overview
6.16.3 Microsoft Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.16.4 Microsoft Wearable Payment Product Portfolio
6.16.5 Microsoft Recent Developments/Updates
6.17 NXP Semiconductors
6.17.1 NXP Semiconductors Corporation Information
6.17.2 NXP Semiconductors Wearable Payment Description and Business Overview
6.17.3 NXP Semiconductors Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.17.4 NXP Semiconductors Wearable Payment Product Portfolio
6.17.5 NXP Semiconductors Recent Developments/Updates
6.18 Qualcomm
6.18.1 Qualcomm Corporation Information
6.18.2 Qualcomm Wearable Payment Description and Business Overview
6.18.3 Qualcomm Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.18.4 Qualcomm Wearable Payment Product Portfolio
6.18.5 Qualcomm Recent Developments/Updates
6.19 PayPal
6.19.1 PayPal Corporation Information
6.19.2 PayPal Wearable Payment Description and Business Overview
6.19.3 PayPal Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.19.4 PayPal Wearable Payment Product Portfolio
6.19.5 PayPal Recent Developments/Updates
6.20 Renesas Electronics
6.20.1 Renesas Electronics Corporation Information
6.20.2 Renesas Electronics Wearable Payment Description and Business Overview
6.20.3 Renesas Electronics Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.20.4 Renesas Electronics Wearable Payment Product Portfolio
6.20.5 Renesas Electronics Recent Developments/Updates
6.21 Sony
6.21.1 Sony Corporation Information
6.21.2 Sony Wearable Payment Description and Business Overview
6.21.3 Sony Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.21.4 Sony Wearable Payment Product Portfolio
6.21.5 Sony Recent Developments/Updates
6.22 Xiaomi
6.22.1 Xiaomi Corporation Information
6.22.2 Xiaomi Wearable Payment Description and Business Overview
6.22.3 Xiaomi Wearable Payment Sales, Revenue and Gross Margin (2019-2024)
6.22.4 Xiaomi Wearable Payment Product Portfolio
6.22.5 Xiaomi Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Wearable Payment Industry Chain Analysis
7.2 Wearable Payment Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Wearable Payment Production Mode & Process
7.4 Wearable Payment Sales and Marketing
7.4.1 Wearable Payment Sales Channels
7.4.2 Wearable Payment Distributors
7.5 Wearable Payment Customers
8 Wearable Payment Market Dynamics
8.1 Wearable Payment Industry Trends
8.2 Wearable Payment Market Drivers
8.3 Wearable Payment Market Challenges
8.4 Wearable Payment Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer

Published By : QY Research

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