Wearable Payment Market Trends, Demand, Growth Rate, Executive Summary, and Forecast During 2019-2025

Posted on 2019-09-19 by Mark Hub in Retail // 0 Comments

Albany, US, 2019-Sep-19 — /EPR Network/ —Market Research Hub (MRH) has actively uploaded a smart research report titled “Global (United States, European Union and China) Wearable Payment Market Research Report 2019-2025”, to its broad online database. The primary motive of this study is to impart vital details associated to development of the Wearable Payment Market. The assessment includes brief knowledge about market size, Y-o-Y growth, market dynamics and competitive scenario expected to transform in the near future. Ever section of the report contains imperative market data that can prove useful for new entrants and industry players to draw crucial tactics.

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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.

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.

In 2019, the market size of Wearable Payment is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.

In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Wearable Payment.
This report studies the global market size of Wearable Payment, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).

This study presents the Wearable Payment sales volume, revenue, and market share and growth rate for each key company, and also covers the breakdown data (sales, revenue and market share) by regions, type and applications. History breakdown data from 2014 to 2019, and forecast to 2025.

For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.

In global market, the following companies are covered:
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

Market Segment by Product Type
Smart Watches
Fitness Trackers
Payment Wristbands

Market Segment by Application
Online
Offline

Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)

Browse Complete Report @ https://www.marketresearchhub.com/report/global-united-states-european-union-and-china-wearable-payment-market-research-report-2019-2025-report.html

Table of Contents

1 Report Overview
1.1 Study Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Wearable Payment Market Size Growth Rate by Type (2019-2025)
1.3.2 Smart Watches
1.3.3 Fitness Trackers
1.3.4 Payment Wristbands
1.4 Market Segment by Application
1.4.1 Global Wearable Payment Market Share by Application (2019-2025)
1.4.2 Online
1.4.3 Offline
1.5 Study Objectives
1.6 Years Considered

2 Global Growth Trends
2.1 Global Wearable Payment Market Size
2.1.1 Global Wearable Payment Revenue 2014-2025
2.1.2 Global Wearable Payment Sales 2014-2025
2.2 Wearable Payment Growth Rate by Regions
2.2.1 Global Wearable Payment Sales by Regions 2014-2019
2.2.2 Global Wearable Payment Revenue by Regions 2014-2019
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers

3 Market Share by Manufacturers
3.1 Wearable Payment Sales by Manufacturers
3.1.1 Wearable Payment Sales by Manufacturers 2014-2019
3.1.2 Wearable Payment Sales Market Share by Manufacturers 2014-2019
3.2 Revenue by Manufacturers
3.2.1 Wearable Payment Revenue by Manufacturers (2014-2019)
3.2.2 Wearable Payment Revenue Share by Manufacturers (2014-2019)
3.2.3 Global Wearable Payment Market Concentration Ratio (CR5 and HHI)
3.3 Wearable Payment Price by Manufacturers
3.4 Key Manufacturers Wearable Payment Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Wearable Payment Market
3.6 Key Manufacturers Wearable Payment Product Offered
3.7 Mergers & Acquisitions, Expansion Plans

4 Market Size by Type
4.1 Sales and Revenue for Each Type
4.1.1 Smart Watches Sales and Revenue (2014-2019)
4.1.2 Fitness Trackers Sales and Revenue (2014-2019)
4.1.3 Payment Wristbands Sales and Revenue (2014-2019)
4.2 Global Wearable Payment Sales Market Share by Type
4.3 Global Wearable Payment Revenue Market Share by Type
4.4 Wearable Payment Price by Type

5 Market Size by Application
5.1 Overview
5.2 Global Wearable Payment Sales by Application

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