Press release
Wearable Payment Device Market | Business Growth, Development Factors, Current and Future Trends till 2031 | Imagine Marketing Ltd. (Boat) Infineon Technologies AG LG Electronics Inc.
Wearable Payment Device Market
Get Free Sample link @ https://www.omrglobal.com/request-sample/wearable-payment-device-market
In recent years, the sales of smartwatches have considerably increased owing to the affordability of the product, changing technological trends, advancements in technology, and increasing adoption of wearable technology products, which has benefited the wearable payment device market. Further, most wearable devices are smartwatches, creating scope for market players to integrate payment technology to the devices, resulting in added product features and growing sales. For instance, in February 2023, Gizmore, one of the top companies of fitness equipment, home audio, and smart accessories in India, expected to sell more than 1.5 million smartwatches by 2023-2024 and take a 5.0% market share there. In addition, Gizmore stated that it will be working with Optiemus Electronics Limited (OEL) to produce approximately a million smartwatches over the course of the following year.
full report of Wearable Payment Device Market available @ https://www.omrglobal.com/industry-reports/wearable-payment-device-market
• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others
Global Wearable Payment Device Market Report Segment
By Type
• Fitness Tracker
• Payment Wristbands
• Smart Watches
• Others (Rings, and Fob Sleeve)
By Technology
• Barcodes
• Contactless Point of Sale (POS) Terminal
• Near Field Communication (NFC)
• Quick Response (QR) Codes
• Radio Frequency Identification (RFID)
By Application
• Festival & Life Events
• Fitness
• Healthcare
• Retail
• Transportation
Global Wearable Payment Device Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• The Middle East and Africa
The Report Covers
• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global wearable payment device market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/wearable-payment-device-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
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 Wearable Payment Device Market | Business Growth, Development Factors, Current and Future Trends till 2031 | Imagine Marketing Ltd. (Boat) Infineon Technologies AG LG Electronics Inc. here
News-ID: 3632245 • Views: …
More Releases from orion market research
Compressed Natural Gas (CNG) Truck Market Size Analysis, Competitive Insights, L …
The global CNG heavy‐duty truck market was approximately USD 8.5 billion, and by 2033 it is expected to reach around USD 15.2 billion, reflecting a CAGR of 6.0% over the period from 2024 to 2033.
Compressed Natural Gas (CNG) Truck Market Overview
The CNG truck market-especially in heavy duty applications-is experiencing steady growth, underpinned by increasing environmental regulations and the push towards cleaner transportation. Heavy duty CNG trucks are gaining traction due…
Artificial Intelligence (AI) in Precision Medicine Market Rising Demand and Grow …
In 2023, the global AI in Precision Medicine market was approximately USD 1.73 billion, and by 2033 it is projected to reach around USD 37.01 billion, reflecting a compound annual growth rate (CAGR) of 35.84% from 2024 to 2033.
Artificial Intelligence (AI) in Precision Medicine Market Overview
The AI in Precision Medicine market is experiencing explosive growth, driven by breakthroughs in deep learning, natural language processing, and context aware computing that enable…
Artificial Intelligence (AI) in Medical Writing Market : A Guide to Understandin …
In 2023, the global AI in Medical Writing market was approximately USD 799.2 million, and by 2033 it is expected to reach about USD 2,598.7 million, representing a CAGR of 12.8% from 2024 to 2033.
Artificial Intelligence (AI) in Medical Writing Market Overview
The AI in Medical Writing market is witnessing strong growth,
driven by the need to streamline and enhance the accuracy of critical documents such as clinical study reports, regulatory…
Artificial Intelligence (AI) in Diagnostics Market Comprehensive Research Study, …
In 2023, the global AI in Diagnostics market was approximately USD 1.61 billion, and by 2033 it is anticipated to reach around USD 8.54 billion, reflecting a compound annual growth rate (CAGR) of 20.37% from 2024 to 2033.
Artificial Intelligence (AI) in Diagnostics Market Overview
The AI in Diagnostics market has entered a period of rapid expansion, fueled by breakthroughs in machine learning, deep learning, and natural language processing that enable faster,…
More Releases for Wearable
Wearable Manicure Market
The "Wearable Manicure Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Wearable Manicure Market, 2024-2031
Verified Market Research's most recent report, "Wearable Manicure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination…
Wearable Biosensors Industry: Unveiling Health Insights through Wearable Technol …
The wearable biosensors market is predicted to rise to US$ 65,400.2 Million by 2033 from an estimated US$ 29,648.8 Million in 2023. From 2023 to 2033, the market for wearable biosensors is anticipated to expand at a CAGR of 8.2%.
The wearable biosensors market is revolutionizing personalized healthcare by enabling real-time monitoring of health parameters and providing valuable insights for individuals. Wearable biosensors, integrated into devices such as smartwatches, fitness bands,…
Pet Wearable
Global Pet Wearable Market is valued approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $$ % over the forecast period 2022-2028. The Pet Wearable can be defined as smart wearable devices intended for pets. These devices are utilized for identification and tracking of pets. Pet wearable comprised of different devices such as Smart Collar, Smart Vest, Smart Harness, and…
Wearable Injectors Market | On-body Wearable Injectors, Off-body Wearable Inject …
A report by Transparency Market Research (TMR) throws light on the key dynamics operating within the global market for wearable injectors. The competitive landscape of the global market for wearable injectors has witnessed the entry of several newbie players over the past decade. This abrupt influx of new vendors can be attributed to the large market gap and lucrative growth opportunities floating in the global wearable injectors market. In order…
WEARABLE TECHNOLOGY REVOLUTION IN THE HEALTHCARE INDUSTRY BY DEVICES (WEARABLE M …
The various scientific advancements are constantly transforming the healthcare industry to improve patient care and diagnosis. The advent of smart wearable technology is modifying the healthcare industry in the form of wearable medical devices. Let’s take a look at some of the most trending gadgets that are enhancing the lives of patients using this user-friendly wearable technology:
Biopatches, Bands, and Phone Pads for Heart Rate Monitoring:
Biopatches are lightweight, wireless diagnostic wearable…
Wearable Electronic Devices Market,Wearable Electronic Devices Industry, Global …
Latest industry research report on: Global Wearable Electronic Devices Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts
This report studies the global Wearable Electronic Devices market status and forecast, categorizes the global Wearable Electronic Devices market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other…
