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Wearable Payment-Global Market Insights and Sales Trends 2025

Wearable Payment-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1862266

No of Pages : 122

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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 size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Wearable Payment in various end use industries. The expanding demands from the Household, Commercial and Others,, are propelling Wearable Payment market. Smart Watches, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Fitness Trackers segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Wearable Payment, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Wearable Payment market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Wearable Payment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wearable Payment sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Wearable Payment covered in this report include Apple, Jawbone, Google, MasterCard, Samsung Electronics, Visa, Alibaba, American Express and Barclays, etc.
The global Wearable Payment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Wearable Payment market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Wearable Payment market, Segment by Type:
Smart Watches
Fitness Trackers
Payment Wristbands
Global Wearable Payment market, by Application
Household
Commercial
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Wearable Payment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Wearable Payment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Wearable Payment Market Overview
1.1 Wearable Payment Product Overview
1.2 Wearable Payment Market Segment by Type
1.2.1 Smart Watches
1.2.2 Fitness Trackers
1.2.3 Payment Wristbands
1.3 Global Wearable Payment Market Size by Type
1.3.1 Global Wearable Payment Market Size Overview by Type (2018-2029)
1.3.2 Global Wearable Payment Historic Market Size Review by Type (2018-2023)
1.3.3 Global Wearable Payment Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Wearable Payment Sales Breakdown by Type (2018-2023)
1.4.2 Europe Wearable Payment Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Wearable Payment Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Wearable Payment Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Wearable Payment Sales Breakdown by Type (2018-2023)
2 Global Wearable Payment Market Competition by Company
2.1 Global Top Players by Wearable Payment Sales (2018-2023)
2.2 Global Top Players by Wearable Payment Revenue (2018-2023)
2.3 Global Top Players by Wearable Payment Price (2018-2023)
2.4 Global Top Manufacturers Wearable Payment Manufacturing Base Distribution, Sales Area, Product Type
2.5 Wearable Payment Market Competitive Situation and Trends
2.5.1 Wearable Payment Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Wearable Payment Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Wearable Payment as of 2022)
2.7 Date of Key Manufacturers Enter into Wearable Payment Market
2.8 Key Manufacturers Wearable Payment Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Wearable Payment Status and Outlook by Region
3.1 Global Wearable Payment Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Wearable Payment Historic Market Size by Region
3.2.1 Global Wearable Payment Sales in Volume by Region (2018-2023)
3.2.2 Global Wearable Payment Sales in Value by Region (2018-2023)
3.2.3 Global Wearable Payment Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Wearable Payment Forecasted Market Size by Region
3.3.1 Global Wearable Payment Sales in Volume by Region (2024-2029)
3.3.2 Global Wearable Payment Sales in Value by Region (2024-2029)
3.3.3 Global Wearable Payment Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Wearable Payment by Application
4.1 Wearable Payment Market Segment by Application
4.1.1 Household
4.1.2 Commercial
4.1.3 Others
4.2 Global Wearable Payment Market Size by Application
4.2.1 Global Wearable Payment Market Size Overview by Application (2018-2029)
4.2.2 Global Wearable Payment Historic Market Size Review by Application (2018-2023)
4.2.3 Global Wearable Payment Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Wearable Payment Sales Breakdown by Application (2018-2023)
4.3.2 Europe Wearable Payment Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Wearable Payment Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Wearable Payment Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Wearable Payment Sales Breakdown by Application (2018-2023)
5 North America Wearable Payment by Country
5.1 North America Wearable Payment Historic Market Size by Country
5.1.1 North America Wearable Payment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Wearable Payment Sales in Volume by Country (2018-2023)
5.1.3 North America Wearable Payment Sales in Value by Country (2018-2023)
5.2 North America Wearable Payment Forecasted Market Size by Country
5.2.1 North America Wearable Payment Sales in Volume by Country (2024-2029)
5.2.2 North America Wearable Payment Sales in Value by Country (2024-2029)
6 Europe Wearable Payment by Country
6.1 Europe Wearable Payment Historic Market Size by Country
6.1.1 Europe Wearable Payment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Wearable Payment Sales in Volume by Country (2018-2023)
6.1.3 Europe Wearable Payment Sales in Value by Country (2018-2023)
6.2 Europe Wearable Payment Forecasted Market Size by Country
6.2.1 Europe Wearable Payment Sales in Volume by Country (2024-2029)
6.2.2 Europe Wearable Payment Sales in Value by Country (2024-2029)
7 Asia-Pacific Wearable Payment by Region
7.1 Asia-Pacific Wearable Payment Historic Market Size by Region
7.1.1 Asia-Pacific Wearable Payment Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Wearable Payment Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Wearable Payment Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Wearable Payment Forecasted Market Size by Region
7.2.1 Asia-Pacific Wearable Payment Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Wearable Payment Sales in Value by Region (2024-2029)
8 Latin America Wearable Payment by Country
8.1 Latin America Wearable Payment Historic Market Size by Country
8.1.1 Latin America Wearable Payment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Wearable Payment Sales in Volume by Country (2018-2023)
8.1.3 Latin America Wearable Payment Sales in Value by Country (2018-2023)
8.2 Latin America Wearable Payment Forecasted Market Size by Country
8.2.1 Latin America Wearable Payment Sales in Volume by Country (2024-2029)
8.2.2 Latin America Wearable Payment Sales in Value by Country (2024-2029)
9 Middle East and Africa Wearable Payment by Country
9.1 Middle East and Africa Wearable Payment Historic Market Size by Country
9.1.1 Middle East and Africa Wearable Payment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Wearable Payment Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Wearable Payment Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Wearable Payment Forecasted Market Size by Country
9.2.1 Middle East and Africa Wearable Payment Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Wearable Payment Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Apple
10.1.1 Apple Company Information
10.1.2 Apple Introduction and Business Overview
10.1.3 Apple Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Apple Wearable Payment Products Offered
10.1.5 Apple Recent Development
10.2 Jawbone
10.2.1 Jawbone Company Information
10.2.2 Jawbone Introduction and Business Overview
10.2.3 Jawbone Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Jawbone Wearable Payment Products Offered
10.2.5 Jawbone Recent Development
10.3 Google
10.3.1 Google Company Information
10.3.2 Google Introduction and Business Overview
10.3.3 Google Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Google Wearable Payment Products Offered
10.3.5 Google Recent Development
10.4 MasterCard
10.4.1 MasterCard Company Information
10.4.2 MasterCard Introduction and Business Overview
10.4.3 MasterCard Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.4.4 MasterCard Wearable Payment Products Offered
10.4.5 MasterCard Recent Development
10.5 Samsung Electronics
10.5.1 Samsung Electronics Company Information
10.5.2 Samsung Electronics Introduction and Business Overview
10.5.3 Samsung Electronics Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Samsung Electronics Wearable Payment Products Offered
10.5.5 Samsung Electronics Recent Development
10.6 Visa
10.6.1 Visa Company Information
10.6.2 Visa Introduction and Business Overview
10.6.3 Visa Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Visa Wearable Payment Products Offered
10.6.5 Visa Recent Development
10.7 Alibaba
10.7.1 Alibaba Company Information
10.7.2 Alibaba Introduction and Business Overview
10.7.3 Alibaba Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Alibaba Wearable Payment Products Offered
10.7.5 Alibaba Recent Development
10.8 American Express
10.8.1 American Express Company Information
10.8.2 American Express Introduction and Business Overview
10.8.3 American Express Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.8.4 American Express Wearable Payment Products Offered
10.8.5 American Express Recent Development
10.9 Barclays
10.9.1 Barclays Company Information
10.9.2 Barclays Introduction and Business Overview
10.9.3 Barclays Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Barclays Wearable Payment Products Offered
10.9.5 Barclays Recent Development
10.10 Broadcom
10.10.1 Broadcom Company Information
10.10.2 Broadcom Introduction and Business Overview
10.10.3 Broadcom Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Broadcom Wearable Payment Products Offered
10.10.5 Broadcom Recent Development
10.11 Fitbit
10.11.1 Fitbit Company Information
10.11.2 Fitbit Introduction and Business Overview
10.11.3 Fitbit Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Fitbit Wearable Payment Products Offered
10.11.5 Fitbit Recent Development
10.12 Gemalto
10.12.1 Gemalto Company Information
10.12.2 Gemalto Introduction and Business Overview
10.12.3 Gemalto Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Gemalto Wearable Payment Products Offered
10.12.5 Gemalto Recent Development
10.13 Infineon Technologies
10.13.1 Infineon Technologies Company Information
10.13.2 Infineon Technologies Introduction and Business Overview
10.13.3 Infineon Technologies Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Infineon Technologies Wearable Payment Products Offered
10.13.5 Infineon Technologies Recent Development
10.14 Inside Secure
10.14.1 Inside Secure Company Information
10.14.2 Inside Secure Introduction and Business Overview
10.14.3 Inside Secure Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Inside Secure Wearable Payment Products Offered
10.14.5 Inside Secure Recent Development
10.15 MediaTek
10.15.1 MediaTek Company Information
10.15.2 MediaTek Introduction and Business Overview
10.15.3 MediaTek Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.15.4 MediaTek Wearable Payment Products Offered
10.15.5 MediaTek Recent Development
10.16 Microsoft
10.16.1 Microsoft Company Information
10.16.2 Microsoft Introduction and Business Overview
10.16.3 Microsoft Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Microsoft Wearable Payment Products Offered
10.16.5 Microsoft Recent Development
10.17 NXP Semiconductors
10.17.1 NXP Semiconductors Company Information
10.17.2 NXP Semiconductors Introduction and Business Overview
10.17.3 NXP Semiconductors Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.17.4 NXP Semiconductors Wearable Payment Products Offered
10.17.5 NXP Semiconductors Recent Development
10.18 Qualcomm
10.18.1 Qualcomm Company Information
10.18.2 Qualcomm Introduction and Business Overview
10.18.3 Qualcomm Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Qualcomm Wearable Payment Products Offered
10.18.5 Qualcomm Recent Development
10.19 PayPal
10.19.1 PayPal Company Information
10.19.2 PayPal Introduction and Business Overview
10.19.3 PayPal Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.19.4 PayPal Wearable Payment Products Offered
10.19.5 PayPal Recent Development
10.20 Renesas Electronics
10.20.1 Renesas Electronics Company Information
10.20.2 Renesas Electronics Introduction and Business Overview
10.20.3 Renesas Electronics Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Renesas Electronics Wearable Payment Products Offered
10.20.5 Renesas Electronics Recent Development
10.21 Sony
10.21.1 Sony Company Information
10.21.2 Sony Introduction and Business Overview
10.21.3 Sony Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.21.4 Sony Wearable Payment Products Offered
10.21.5 Sony Recent Development
10.22 Xiaomi
10.22.1 Xiaomi Company Information
10.22.2 Xiaomi Introduction and Business Overview
10.22.3 Xiaomi Wearable Payment Sales, Revenue and Gross Margin (2018-2023)
10.22.4 Xiaomi Wearable Payment Products Offered
10.22.5 Xiaomi Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Wearable Payment Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Wearable Payment Industrial Chain Analysis
11.4 Wearable Payment Market Dynamics
11.4.1 Wearable Payment Industry Trends
11.4.2 Wearable Payment Market Drivers
11.4.3 Wearable Payment Market Challenges
11.4.4 Wearable Payment Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Wearable Payment Distributors
12.3 Wearable Payment Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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