Smart Wallet Market Show Huge Growth in Future By Increasing Penetration of Smartphones & Industry Players Revol Inc., Volterman, NXT-ID Inc., Ekster Wallets BV, Walli Wearables, Woolet.co and Lucca Bozzi
“Smart Wallet Market : Historical Growth (2012-2016) & Future Demand Analysis & Opportunity Evaluation(2017-2024)”Global smart wallet market is expected to flourish at a significant CAGR of 9.6% over the forecast period. Factors such as rising awareness about smart wallet benefits, increasing disable income and rising expenditure on smart technologies are anticipated to drive the demand for smart wallet market. Further, smart wallet market is witnessing the launch of improved and advanced smart wallet which is likely to drive the future adoption of smart wallet. Moreover, the global smart wallet market is projected to garner noteworthy revenue by the end of 2024.
The global smart wallet market is segmented into connectivity such as Wi-Fi and Bluetooth. Among these segments, Wi-fi connected smart wallet is expected to grow at highest CAGR during the forecast period. Increasing penetration of smartphones is anticipated to aid the growth of the Wi-Fi connected smart wallet market. Further, the market is witnessing high preference for Wi-Fi enabled Smart Wallet among consumers. This factor is envisioned to strengthen the growth of the Wi-Fi enabled smart wallet segment.
In the regional segment, North America represented the largest market for smart wallet worldwide in 2016. This can be attributed to the high adoption rate of connected technologies in the region. Moreover, presence of major companies in the region is anticipated to strengthen the market of smart wallet during the forecast period. Europe is also believed to be a prominent regional market. High internet and smartphone penetration in the region is providing opportunities for the smart wallet manufacturers to develop and penetrate advanced smart wallet in the Europe market.
For Free Sample Copy of Report @ https://www.researchnester.com/sample-request-593
Innovation in Smart Wallet Products
Enhancement and advances in smart wallet such as integration of advanced technologies and improved designs are expected to drive the growth of the smart wallet market in the long run. Moreover, companies are focusing on increasing business through providing additional features in smart wallet such as power bank. This factor is believed to supplement the growth of the smart wallet market.
Growing Adoption of Smartphone Connected Products
Increasing adoption of smartphone connected products is anticipated to drive the demand for smart wallet products during the forecast period. Further, rising penetration of smart wallets through online stores is expected to benefit the expansion of the smart wallet market.
However, availability of alternatives and high cost of smart wallets are some of the factors that are likely to inhibit the growth of the smart wallet market in the near future.
For Browsing TOC @ https://www.researchnester.com/request-toc-593
The report titled “Smart Wallet Market : Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation” delivers detailed overview of the global smart wallet market in terms of market segmentation by connectivity, by price range, by distribution channel and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
This report also provides the existing competitive scenario of some of the key players of the global Smart Wallet market which includes company profiling of Revol Inc., Volterman, NXT-ID Inc., Ekster Wallets BV, Walli Wearables, Woolet.co and Lucca Bozzi. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global smart wallet market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Get this Report Directly @ https://www.researchnester.com/payment/rep-id-593
About Us
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
Contact Us :
Ajay Daniel
Email: ajay.daniel@researchnester.com
U.S. Phone: +1 646 586 9123
U.K. Phone: +44 203 608 5919
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Wallet Market Show Huge Growth in Future By Increasing Penetration of Smartphones & Industry Players Revol Inc., Volterman, NXT-ID Inc., Ekster Wallets BV, Walli Wearables, Woolet.co and Lucca Bozzi here
News-ID: 1653147 • Views: …
More Releases from Research Nester Pvt Ltd
Chemical Fertilizers Market Outlook By Industry Size, Share, Revenue, Regions An …
The chemical fertilizers market has been segmented into macronutrients, micronutrients, application and forms. Based on macronutrients, the market has been segmented into nitrogen based fertilizers, phosphate based fertilizers and potash based fertilizers.
Among these segments, the nitrogen based fertilizers are estimated to dominate the market by holding the largest share of approximately 50%. This can be attributed to the absorption of nitrogen by plants. In 2013, the demand for nitrogen…
Glass Coating Market Overview By Share, Size, Industry Players, Revenue And Prod …
The global glass coating market is segmented by coating type into pyrolytic coating, magnetic sputtering coating and sol-gel coating; by technology into liquid glass coating and nano glass coating; by application into construction, paints & coating, automotive, aviation and others and by regions.
According to Federal Reserve Bank of Chicago represents increase in sales of light vehicle in China by 2.1%, Latin America by 6.2%, Europe by 2.6%, and Rest…
Insect Repellent Market Outlook By Industry Size, Share, Revenue, Regions And To …
The global insect repellent market is segmented by repellent type into coils, liquid vaporizers, sprays/aerosol, mats, cream and oil; by ingredient into natural and synthetic; by sales channel into online and offline and by regions. The insect repellent market is anticipated to mask a CAGR of 8.3% during the forecast period i.e. 2019-2027.
The rising penetration of insect repellents in untapped rural markets across the developing countries as well as…
Waterproofing Chemicals Market 2017 Share Growing Rapidly With Latest Trends, De …
The global waterproofing market is segmented on the basis of type, application and end-use. The market is segmented on the basis of type, it is segmented into Bitumen, PVC, TPO and EPDM. Bitumen leads the product segment in 2017 on the account of superior properties which include high viscosity, resistance to UV light and better binding nature. On the basis of application, it is segmented into Roofing and Walls, Flooring,…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Survey Report on Smart Kitchen Appliances Market 2018: Smart Refrigerator, Smart …
The report analyzes and presents an overview on "Global Smart Kitchen Appliances Market Professional Survey Report 2018" worldwide.
This report studies Smart Kitchen Appliances in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025.
The study objectives of this report are: To study and forecast the market size of Smart…
IoT Device Management Market Analysis by Application - Smart Manufacturing, Smar …
IoT device management comprises of multiple operating systems and several varieties of communication methods and protocols targeted at conducting smooth functioning of smart devices. The service of IoT device management has become vital for the business sector in recent years due to the rising use of remote operation in a number of industries and the subsequent need to manage the operation of the devices.
The global IoT device management market is…
SMART SHIPS NEED SMART REGISTRIES
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry.
“The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to…
Smart Kitchen Appliances Market : Smart Refrigerators, Smart Dishwashers, Smart …
Albany, New York, July 20, 2017 : Recent research and the current scenario as well as future market potential of "Smart Kitchen Appliances Market (Products - Smart Refrigerators, Smart Dishwashers, Smart Ovens, Smart Cookware and Cooktops, Smart Scales and Thermometers and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022" globally.
Smart kitchen appliances are premium appliances that are designed for comfortable and efficient operation as…