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Global Wearable Payment Device Market Is Expected to Reach USD 80.39 Billion by 2028 : Fior Markets


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Newark, NJ, May 04, 2021 (GLOBE NEWSWIRE) As per the report published by Fior Markets, the 
global wearable payment device marketis expected to grow from USD 10.35 Billion in 2020 and to reach USD 80.39 Billion by 2028, growing at a CAGR of 29.8% during the forecast period 2021-2028.
The factors driving the market are rise in demand for wearable devices along with contactless payment for a secure and safer payment transaction, use of intelligent technologies coupled with rising internet penetration, growing surge in adoption of smartphones, ease of transactions, growth in the adoption of cashless payments beyond the globe, convenient shopping experience to customers, growth of IOT globally, reducing costs of near field communication technology deployment. The factors restraining the market growth are security concerns of wearable devices, limited battery life, high price, low awareness and filled-out competition in the market. The rising adoption of contact ....

United States , South Africa , Tappy Technologies Ltd , More Market Research , Paypal Holdings , Caixa Bank , Samsung Electronics , Law Enforcement Software Market , Thales Group , Intelligent Venue Solutions , Xiaomi Corporation , Head Of Business Development , Fior Markets , Wearable Payments , Codes Segment , Wearable Payment Device , South America , Middle East , North America , Instant Purchase , Strategic Intelligence , Know More Market Research Reports , Industry Analysis , Associate Website , Media Analytics Market , Motion Capture Market ,

Global Wearable Payment Device Market Is Expected to Reach


Global Wearable Payment Device Market Is Expected to Reach USD 80.39 Billion by 2028 : Fior Markets
Wearable Payment Device Market by Type (Smart Watches, Fitness Trackers and Payment Wristbands), Product (Near-Field Communication Technology, Radio Frequency Identification, Contactless Point of Sale Terminals, QR and Bar Codes), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2021 to 2028
May 04, 2021 22:00 ET
| Source:
Fior Markets
Fior Markets
Pune, INDIA
Newark, NJ, May 04, 2021 (GLOBE NEWSWIRE) As per the report published by Fior Markets, the 
global wearable payment device marketis expected to grow from USD 10.35 Billion in 2020 and to reach USD 80.39 Billion by 2028, growing at a CAGR of 29.8% during the forecast period 2021-2028. ....

United States , South Africa , Tappy Technologies Ltd , More Market Research , Paypal Holdings , Caixa Bank , Samsung Electronics , Law Enforcement Software Market , Thales Group , Intelligent Venue Solutions , Xiaomi Corporation , Head Of Business Development , Fior Markets , Wearable Payments , Codes Segment , Wearable Payment Device , South America , Middle East , North America , Instant Purchase , Strategic Intelligence , Know More Market Research Reports , Industry Analysis , Associate Website , Media Analytics Market , Motion Capture Market ,

Wearable Payment Device Market worth $82.0 billion by 2026, at a CAGR of 13.6%


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“Wearable Payment Device Market”
[207 Pages] Wearable Payment Device Market categrizes the Global market by Device Type (Smart Watches, Fitness Trackers), Technology (NFC, RFID), Sales Channel, Application (Retail/Grocery Stores, Restaurants, Entertainment Centers), and Geography. COVID-19 Impact on Wearable Payment Device Industry.
According to the new market research report
“Wearable Payment Device Market with COVID-19 Impact, by Device Type (Smart Watches, Fitness Trackers), Technology (NFC, RFID), Sales Channel, Application (Retail/Grocery Stores, Restaurants, Entertainment Centers), and Geography – Global Forecast to 2026″, The global wearable payment device market size is projected to grow from USD 43.0 billion in 2021 to USD 82.0 billion by 2026; it is expected to grow at a CAGR of 13.6% from 2021 to 2026. The growth of the wearable payment device  market is majorly driven by surge in the adoption of contactless cards and wearable devices ....

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