The Europe Wearable Payments Devices Market would witness market growth of 27% CAGR during the forecast period (2020-2026). The majority of wearable payments utilize near-field communication NFC chip technology for authenticating the customer & the buyer and to do the contactless payment. Additionally, the main purpose of wearable payment is to assure the confidentiality of transactions of the customer and to improve the security by offering contactless payments. Moreover, there are many benefits provided by wearable payments devices like foreseeing the requirements of the customer, delivering better customer engagements, and enhancing the retailer’s ability to record the payments of the customers, which automatically propel the demand of the product across the world.
Moreover, the technological advancements and the rising awareness about contactless payments and wearable payments among consumers leads to significant growth over the forecast period. Additionally, an increase in the adoption of near-field communication (NFC) technology in different sectors like transport and entertainment is expected to provide several opportunities for the market.
During the Covid-19 pandemic, businesses were facing many operational challenges. At that time, several banks and financial institutions offered new digital tools and techniques to their customers, which further surge the demand for Wearable Payments Devices. Additionally, the increasing penetration of contactless cards and wearable devices in Europe is offering many growth opportunities for the wearable payments sector.
Based on Type, the market is segmented into Fitness Tracker, Payment Wristbands and Smart Watches. Based on Technology, the market is segmented into Barcodes, Near Field Communication (NFC), Quick Response (QR) Codes, Contactless Point of Sale (POS) Terminals and Others. Based on Application, the market is segmented into Retail, Transportation, Festival & Life Events, Fitness, Healthcare and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: Wearable Payments Devices Market in Europe is expected to register a CAGR of 27% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., Thales Group S.A. (Gemalto NV), Google, Inc., Mastercard, Inc., Samsung Electronics Co., Ltd. (Samsung Group), Xiaomi Corporation, PayPal Holdings, Inc. (eBay), Visa, Inc., Nymi, Inc., and Barclays PLC.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Fitness Tracker
- Payment Wristbands
- Smart Watches
By Technology
- Barcodes
- Near Field Communication (NFC)
- Quick Response (QR) Codes
- Contactless Point of Sale (POS) Terminals
- Others
By Application
- Retail
- Transportation
- Festival & Life Events
- Fitness
- Healthcare
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Companies Profiled
- Apple, Inc.
- Thales Group S.A. (Gemalto NV)
- Google, Inc.
- Mastercard, Inc.
- Samsung Electronics Co., Ltd. (Samsung Group)
- Xiaomi Corporation
- PayPal Holdings, Inc. (eBay)
- Visa, Inc.
- Nymi, Inc.
- Barclays PLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Wearable Payments Devices Market, by Type
1.4.2 Europe Wearable Payments Devices Market, by Technology
1.4.3 Europe Wearable Payments Devices Market, by Application
1.4.4 Europe Wearable Payments Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Aug – 2020, Dec) Leading Players
Chapter 4. Europe Wearable Payments Devices Market by Type
4.1 Europe Fitness Tracker Wearable Payments Devices Market by Country
4.2 Europe Payment Wristbands Wearable Payments Devices Market by Country
4.3 Europe Smart Watches Wearable Payments Devices Market by Country
Chapter 5. Europe Wearable Payments Devices Market by Technology
5.1 Europe Barcodes Wearable Payments Devices Market by Country
5.2 Europe Near Field Communication (NFC) Wearable Payments Devices Market by Country
5.3 Europe Quick Response (QR) Codes Wearable Payments Devices Market by Country
5.4 Europe Contactless Point of Sale (POS) Terminals Wearable Payments Devices Market by Country
5.5 Europe Others Wearable Payments Devices Market by Country
Chapter 6. Europe Wearable Payments Devices Market by Application
6.1 Europe Retail Wearable Payments Devices Market by Country
6.2 Europe Transportation Wearable Payments Devices Market by Country
6.3 Europe Festival & Life Events Wearable Payments Devices Market by Country
6.4 Europe Fitness Wearable Payments Devices Market by Country
6.5 Europe Healthcare Wearable Payments Devices Market by Country
6.6 Europe Others Wearable Payments Devices Market by Country
Chapter 7. Europe Wearable Payments Devices Market by Country
7.1 Germany Wearable Payments Devices Market
7.1.1 Germany Wearable Payments Devices Market by Type
7.1.2 Germany Wearable Payments Devices Market by Technology
7.1.3 Germany Wearable Payments Devices Market by Application
7.2 UK Wearable Payments Devices Market
7.2.1 UK Wearable Payments Devices Market by Type
7.2.2 UK Wearable Payments Devices Market by Technology
7.2.3 UK Wearable Payments Devices Market by Application
7.3 France Wearable Payments Devices Market
7.3.1 France Wearable Payments Devices Market by Type
7.3.2 France Wearable Payments Devices Market by Technology
7.3.3 France Wearable Payments Devices Market by Application
7.4 Russia Wearable Payments Devices Market
7.4.1 Russia Wearable Payments Devices Market by Type
7.4.2 Russia Wearable Payments Devices Market by Technology
7.4.3 Russia Wearable Payments Devices Market by Application
7.5 Spain Wearable Payments Devices Market
7.5.1 Spain Wearable Payments Devices Market by Type
7.5.2 Spain Wearable Payments Devices Market by Technology
7.5.3 Spain Wearable Payments Devices Market by Application
7.6 Italy Wearable Payments Devices Market
7.6.1 Italy Wearable Payments Devices Market by Type
7.6.2 Italy Wearable Payments Devices Market by Technology
7.6.3 Italy Wearable Payments Devices Market by Application
7.7 Rest of Europe Wearable Payments Devices Market
7.7.1 Rest of Europe Wearable Payments Devices Market by Type
7.7.2 Rest of Europe Wearable Payments Devices Market by Technology
7.7.3 Rest of Europe Wearable Payments Devices Market by Application
Chapter 8. Company Profiles
8.1 Apple, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Product and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 Thales Group S.A. (Gemalto NV)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.1 Research and Development Expense
8.3 Google, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Mastercard, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Partnerships, Collaborations, and Agreements:
8.5 Samsung Electronics Co., Ltd. (Samsung Group)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.5.2 Geographical Expansions:
8.5.6 SWOT Analysis
8.6 Xiaomi Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Product Launches and Product Expansions:
8.6.6 SWOT Analysis
8.7 PayPal Holdings, Inc. (eBay)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expense
8.8 Visa, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Recent strategies and developments:
8.8.3.1 Product Launches and Product Expansions:
8.9 Nymi, Inc.
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.10. Barclays PLC
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Recent strategies and developments:
8.10.4.1 Partnerships, Collaborations, and Agreements:
8.10.4.2 Product Launches and Product Expansions:
TABLE 1 Europe Wearable Payments Devices Market, 2016 - 2019, USD Million
TABLE 2 Europe Wearable Payments Devices Market, 2020 - 2026, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Wearable Payments Devices Market
TABLE 4 Product Launches And Product Expansions– Wearable Payments Devices Market
TABLE 5 Geographical Expansions– Wearable Payments Devices Market
TABLE 6 Acquisition and Mergers– Wearable Payments Devices Market
TABLE 7 Europe Wearable Payments Devices Market by Type, 2016 - 2019, USD Million
TABLE 8 Europe Wearable Payments Devices Market by Type, 2020 - 2026, USD Million
TABLE 9 Europe Fitness Tracker Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 10 Europe Fitness Tracker Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 11 Europe Payment Wristbands Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 12 Europe Payment Wristbands Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 13 Europe Smart Watches Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 14 Europe Smart Watches Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 15 Europe Wearable Payments Devices Market by Technology, 2016 - 2019, USD Million
TABLE 16 Europe Wearable Payments Devices Market by Technology, 2020 - 2026, USD Million
TABLE 17 Europe Barcodes Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 18 Europe Barcodes Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 19 Europe Near Field Communication (NFC) Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 20 Europe Near Field Communication (NFC) Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 21 Europe Quick Response (QR) Codes Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 22 Europe Quick Response (QR) Codes Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 23 Europe Contactless Point of Sale (POS) Terminals Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 24 Europe Contactless Point of Sale (POS) Terminals Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 25 Europe Others Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 26 Europe Others Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 27 Europe Wearable Payments Devices Market by Application, 2016 - 2019, USD Million
TABLE 28 Europe Wearable Payments Devices Market by Application, 2020 - 2026, USD Million
TABLE 29 Europe Retail Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 30 Europe Retail Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 31 Europe Transportation Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 32 Europe Transportation Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 33 Europe Festival & Life Events Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 34 Europe Festival & Life Events Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 35 Europe Fitness Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 36 Europe Fitness Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 37 Europe Healthcare Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 38 Europe Healthcare Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 39 Europe Others Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 40 Europe Others Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 41 Europe Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 42 Europe Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 43 Germany Wearable Payments Devices Market, 2016 - 2019, USD Million
TABLE 44 Germany Wearable Payments Devices Market, 2020 - 2026, USD Million
TABLE 45 Germany Wearable Payments Devices Market by Type, 2016 - 2019, USD Million
TABLE 46 Germany Wearable Payments Devices Market by Type, 2020 - 2026, USD Million
TABLE 47 Germany Wearable Payments Devices Market by Technology, 2016 - 2019, USD Million
TABLE 48 Germany Wearable Payments Devices Market by Technology, 2020 - 2026, USD Million
TABLE 49 Germany Wearable Payments Devices Market by Application, 2016 - 2019, USD Million
TABLE 50 Germany Wearable Payments Devices Market by Application, 2020 - 2026, USD Million
TABLE 51 UK Wearable Payments Devices Market, 2016 - 2019, USD Million
TABLE 52 UK Wearable Payments Devices Market, 2020 - 2026, USD Million
TABLE 53 UK Wearable Payments Devices Market by Type, 2016 - 2019, USD Million
TABLE 54 UK Wearable Payments Devices Market by Type, 2020 - 2026, USD Million
TABLE 55 UK Wearable Payments Devices Market by Technology, 2016 - 2019, USD Million
TABLE 56 UK Wearable Payments Devices Market by Technology, 2020 - 2026, USD Million
TABLE 57 UK Wearable Payments Devices Market by Application, 2016 - 2019, USD Million
TABLE 58 UK Wearable Payments Devices Market by Application, 2020 - 2026, USD Million
TABLE 59 France Wearable Payments Devices Market, 2016 - 2019, USD Million
TABLE 60 France Wearable Payments Devices Market, 2020 - 2026, USD Million
TABLE 61 France Wearable Payments Devices Market by Type, 2016 - 2019, USD Million
TABLE 62 France Wearable Payments Devices Market by Type, 2020 - 2026, USD Million
TABLE 63 France Wearable Payments Devices Market by Technology, 2016 - 2019, USD Million
TABLE 64 France Wearable Payments Devices Market by Technology, 2020 - 2026, USD Million
TABLE 65 France Wearable Payments Devices Market by Application, 2016 - 2019, USD Million
TABLE 66 France Wearable Payments Devices Market by Application, 2020 - 2026, USD Million
TABLE 67 Russia Wearable Payments Devices Market, 2016 - 2019, USD Million
TABLE 68 Russia Wearable Payments Devices Market, 2020 - 2026, USD Million
TABLE 69 Russia Wearable Payments Devices Market by Type, 2016 - 2019, USD Million
TABLE 70 Russia Wearable Payments Devices Market by Type, 2020 - 2026, USD Million
TABLE 71 Russia Wearable Payments Devices Market by Technology, 2016 - 2019, USD Million
TABLE 72 Russia Wearable Payments Devices Market by Technology, 2020 - 2026, USD Million
TABLE 73 Russia Wearable Payments Devices Market by Application, 2016 - 2019, USD Million
TABLE 74 Russia Wearable Payments Devices Market by Application, 2020 - 2026, USD Million
TABLE 75 Spain Wearable Payments Devices Market, 2016 - 2019, USD Million
TABLE 76 Spain Wearable Payments Devices Market, 2020 - 2026, USD Million
TABLE 77 Spain Wearable Payments Devices Market by Type, 2016 - 2019, USD Million
TABLE 78 Spain Wearable Payments Devices Market by Type, 2020 - 2026, USD Million
TABLE 79 Spain Wearable Payments Devices Market by Technology, 2016 - 2019, USD Million
TABLE 80 Spain Wearable Payments Devices Market by Technology, 2020 - 2026, USD Million
TABLE 81 Spain Wearable Payments Devices Market by Application, 2016 - 2019, USD Million
TABLE 82 Spain Wearable Payments Devices Market by Application, 2020 - 2026, USD Million
TABLE 83 Italy Wearable Payments Devices Market, 2016 - 2019, USD Million
TABLE 84 Italy Wearable Payments Devices Market, 2020 - 2026, USD Million
TABLE 85 Italy Wearable Payments Devices Market by Type, 2016 - 2019, USD Million
TABLE 86 Italy Wearable Payments Devices Market by Type, 2020 - 2026, USD Million
TABLE 87 Italy Wearable Payments Devices Market by Technology, 2016 - 2019, USD Million
TABLE 88 Italy Wearable Payments Devices Market by Technology, 2020 - 2026, USD Million
TABLE 89 Italy Wearable Payments Devices Market by Application, 2016 - 2019, USD Million
TABLE 90 Italy Wearable Payments Devices Market by Application, 2020 - 2026, USD Million
TABLE 91 Rest of Europe Wearable Payments Devices Market, 2016 - 2019, USD Million
TABLE 92 Rest of Europe Wearable Payments Devices Market, 2020 - 2026, USD Million
TABLE 93 Rest of Europe Wearable Payments Devices Market by Type, 2016 - 2019, USD Million
TABLE 94 Rest of Europe Wearable Payments Devices Market by Type, 2020 - 2026, USD Million
TABLE 95 Rest of Europe Wearable Payments Devices Market by Technology, 2016 - 2019, USD Million
TABLE 96 Rest of Europe Wearable Payments Devices Market by Technology, 2020 - 2026, USD Million
TABLE 97 Rest of Europe Wearable Payments Devices Market by Application, 2016 - 2019, USD Million
TABLE 98 Rest of Europe Wearable Payments Devices Market by Application, 2020 - 2026, USD Million
TABLE 99 Key Information – Apple, Inc.
TABLE 100 key information – Thales Group S.A.
TABLE 101 Key Information – Google, Inc.
TABLE 102 key Information – Mastercard, Inc.
TABLE 103 Key Information –Samsung Electronics Co., Ltd.
TABLE 104 Key Information – Xiaomi Corporation
TABLE 105 Key Information – PayPal Holdings, Inc.
TABLE 106 Key Information – Visa, Inc.
TABLE 107 key information – Nymi, Inc.
TABLE 108 Key Information – Barclays PLC
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Aug – 2020, Dec) Leading Players
FIG 5 SWOT Analysis: apple, Inc.
FIG 6 Recent strategies and developments: Google, Inc.
FIG 7 SWOT Analysis: Alphabet Inc. (Google Inc.)
FIG 8 Recent strategies and developments: Samsung Electronics Co., Ltd.
FIG 9 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 10 Recent strategies and developments: Xiaomi Corporation
FIG 11 SWOT Analysis: Xiaomi Corporation
FIG 12 Recent strategies and developments: Barclays PLC