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The analysts forecast the global wearable payment market to grow at a CAGR of 59.44% during the period 2016-2020.
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.
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Covered in this report
The report covers the present scenario and the growth prospects of the global wearable payment market for 2016-2020. To calculate the market size, the report provides a detailed forecast of the market transaction revenue and shipment of wearable payment devices.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
The report, Global Wearable Payment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Apple
• Jawbone
• Google
• MasterCard
• Samsung Electronics
• Visa
Other prominent vendors
• Alibaba Group
• American Express
• Barclays
• Broadcom
• Fitbit
• Gemalto
• Infineon Technologies
• Inside Secure
• MediaTek
• Microsoft
• NXP Semiconductors
• Qualcomm
• PayPal
• Renesas Electronics
• Sony
• Xiaomi
Market driver
• Growing adoption of contactless payments.
• For a full, detailed list, view our report
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Market challenge
• Lack of interoperability of NFC technology.
• For a full, detailed list, view our report
Market trend
• Rising adoption of contactless payments in APAC and Africa.
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Table Of Contents – Major Key Points
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• End-user segment
• Base year and forecast period
• Vendor selection criteria
• Summation error
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Product life cycle
• Contactless payment transaction system
• Global wearable payment market
• Five forces analysis
PART 06: Market segmentation by device
• Global wearable payment market by device
• Global smartwatch payment market
• Global fitness band payment market
PART 07: Buying criteria
PART 08: Geographical segmentation
• Global wearable payment market by geography
• Wearable payment market in Americas
• Wearable payment market in EMEA
• Wearable payment market in APAC
PART 09: Market attractiveness
• Market attractiveness by device
• Market attractiveness by geography
PART 10: Key leading country
• US
……..CONTINUED
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