The North America Wearable Payments Devices Market would witness market growth of 26.6% CAGR during the forecast period (2020-2026). Wearables are gadgets or mobile phones, which are worn by customers to directly or indirectly connect with the device. Most of the used devices are smartwatches, wristbands, and fitness or health trackers. Based on functionality, there are several wearables, which are utilized in the commercial market, and the fewer entry barriers have allowed the high proliferation of payment devices.
The rising adoption of cashless payments in the world and the increasing demand for wearable devices coupled with the contactless payment for safe & secure payment transactions are the main driving factors for the growth of the global wearable payments market. Additionally, this technology is broadly used by businesses to transmit data from their devices to different contactless payment terminals like NFC tags and smartphones.
The market is notably driven by the rising digitalization, along with the increasing adoption of cashless economy witnessed in many countries. The utilization of smart technologies, along with the increasing internet penetration has resulted in the rising adoption of connected devices. Moreover, the market growth is determined by the existence of VR and AI technologies, which is directed by the developments in mobile applications. Digitization in banks is estimated to boost the traction as banks are aiming to connect card management systems with several token service providers.
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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Wearable Payments Devices Market in North America is expected to register a CAGR of 26.6% 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Wearable Payments Devices Market, by Type
1.4.2 North America Wearable Payments Devices Market, by Technology
1.4.3 North America Wearable Payments Devices Market, by Application
1.4.4 North America 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. North America Wearable Payments Devices Market by Type
4.1 North America Fitness Tracker Wearable Payments Devices Market by Country
4.2 North America Payment Wristbands Wearable Payments Devices Market by Country
4.3 North America Smart Watches Wearable Payments Devices Market by Country
Chapter 5. North America Wearable Payments Devices Market by Technology
5.1 North America Barcodes Wearable Payments Devices Market by Country
5.2 North America Near Field Communication (NFC) Wearable Payments Devices Market by Country
5.3 North America Quick Response (QR) Codes Wearable Payments Devices Market by Country
5.4 North America Contactless Point of Sale (POS) Terminals Wearable Payments Devices Market by Country
5.5 North America Others Wearable Payments Devices Market by Country
Chapter 6. North America Wearable Payments Devices Market by Application
6.1 North America Retail Wearable Payments Devices Market by Country
6.2 North America Transportation Wearable Payments Devices Market by Country
6.3 North America Festival & Life Events Wearable Payments Devices Market by Country
6.4 North America Fitness Wearable Payments Devices Market by Country
6.5 North America Healthcare Wearable Payments Devices Market by Country
6.6 North America Others Wearable Payments Devices Market by Country
Chapter 7. North America Wearable Payments Devices Market by Country
7.1 US Wearable Payments Devices Market
7.1.1 US Wearable Payments Devices Market by Type
7.1.2 US Wearable Payments Devices Market by Technology
7.1.3 US Wearable Payments Devices Market by Application
7.2 Canada Wearable Payments Devices Market
7.2.1 Canada Wearable Payments Devices Market by Type
7.2.2 Canada Wearable Payments Devices Market by Technology
7.2.3 Canada Wearable Payments Devices Market by Application
7.3 Mexico Wearable Payments Devices Market
7.3.1 Mexico Wearable Payments Devices Market by Type
7.3.2 Mexico Wearable Payments Devices Market by Technology
7.3.3 Mexico Wearable Payments Devices Market by Application
7.4 Rest of North America Wearable Payments Devices Market
7.4.1 Rest of North America Wearable Payments Devices Market by Type
7.4.2 Rest of North America Wearable Payments Devices Market by Technology
7.4.3 Rest of North America 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 North America Wearable Payments Devices Market, 2016 - 2019, USD Million
TABLE 2 North America 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 North America Wearable Payments Devices Market by Type, 2016 - 2019, USD Million
TABLE 8 North America Wearable Payments Devices Market by Type, 2020 - 2026, USD Million
TABLE 9 North America Fitness Tracker Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 10 North America Fitness Tracker Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 11 North America Payment Wristbands Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 12 North America Payment Wristbands Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 13 North America Smart Watches Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 14 North America Smart Watches Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 15 North America Wearable Payments Devices Market by Technology, 2016 - 2019, USD Million
TABLE 16 North America Wearable Payments Devices Market by Technology, 2020 - 2026, USD Million
TABLE 17 North America Barcodes Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 18 North America Barcodes Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 19 North America Near Field Communication (NFC) Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 20 North America Near Field Communication (NFC) Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 21 North America Quick Response (QR) Codes Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 22 North America Quick Response (QR) Codes Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 23 North America Contactless Point of Sale (POS) Terminals Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 24 North America Contactless Point of Sale (POS) Terminals Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 25 North America Others Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 26 North America Others Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 27 North America Wearable Payments Devices Market by Application, 2016 - 2019, USD Million
TABLE 28 North America Wearable Payments Devices Market by Application, 2020 - 2026, USD Million
TABLE 29 North America Retail Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 30 North America Retail Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 31 North America Transportation Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 32 North America Transportation Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 33 North America Festival & Life Events Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 34 North America Festival & Life Events Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 35 North America Fitness Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 36 North America Fitness Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 37 North America Healthcare Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 38 North America Healthcare Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 39 North America Others Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 40 North America Others Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 41 North America Wearable Payments Devices Market by Country, 2016 - 2019, USD Million
TABLE 42 North America Wearable Payments Devices Market by Country, 2020 - 2026, USD Million
TABLE 43 US Wearable Payments Devices Market, 2016 - 2019, USD Million
TABLE 44 US Wearable Payments Devices Market, 2020 - 2026, USD Million
TABLE 45 US Wearable Payments Devices Market by Type, 2016 - 2019, USD Million
TABLE 46 US Wearable Payments Devices Market by Type, 2020 - 2026, USD Million
TABLE 47 US Wearable Payments Devices Market by Technology, 2016 - 2019, USD Million
TABLE 48 US Wearable Payments Devices Market by Technology, 2020 - 2026, USD Million
TABLE 49 US Wearable Payments Devices Market by Application, 2016 - 2019, USD Million
TABLE 50 US Wearable Payments Devices Market by Application, 2020 - 2026, USD Million
TABLE 51 Canada Wearable Payments Devices Market, 2016 - 2019, USD Million
TABLE 52 Canada Wearable Payments Devices Market, 2020 - 2026, USD Million
TABLE 53 Canada Wearable Payments Devices Market by Type, 2016 - 2019, USD Million
TABLE 54 Canada Wearable Payments Devices Market by Type, 2020 - 2026, USD Million
TABLE 55 Canada Wearable Payments Devices Market by Technology, 2016 - 2019, USD Million
TABLE 56 Canada Wearable Payments Devices Market by Technology, 2020 - 2026, USD Million
TABLE 57 Canada Wearable Payments Devices Market by Application, 2016 - 2019, USD Million
TABLE 58 Canada Wearable Payments Devices Market by Application, 2020 - 2026, USD Million
TABLE 59 Mexico Wearable Payments Devices Market, 2016 - 2019, USD Million
TABLE 60 Mexico Wearable Payments Devices Market, 2020 - 2026, USD Million
TABLE 61 Mexico Wearable Payments Devices Market by Type, 2016 - 2019, USD Million
TABLE 62 Mexico Wearable Payments Devices Market by Type, 2020 - 2026, USD Million
TABLE 63 Mexico Wearable Payments Devices Market by Technology, 2016 - 2019, USD Million
TABLE 64 Mexico Wearable Payments Devices Market by Technology, 2020 - 2026, USD Million
TABLE 65 Mexico Wearable Payments Devices Market by Application, 2016 - 2019, USD Million
TABLE 66 Mexico Wearable Payments Devices Market by Application, 2020 - 2026, USD Million
TABLE 67 Rest of North America Wearable Payments Devices Market, 2016 - 2019, USD Million
TABLE 68 Rest of North America Wearable Payments Devices Market, 2020 - 2026, USD Million
TABLE 69 Rest of North America Wearable Payments Devices Market by Type, 2016 - 2019, USD Million
TABLE 70 Rest of North America Wearable Payments Devices Market by Type, 2020 - 2026, USD Million
TABLE 71 Rest of North America Wearable Payments Devices Market by Technology, 2016 - 2019, USD Million
TABLE 72 Rest of North America Wearable Payments Devices Market by Technology, 2020 - 2026, USD Million
TABLE 73 Rest of North America Wearable Payments Devices Market by Application, 2016 - 2019, USD Million
TABLE 74 Rest of North America Wearable Payments Devices Market by Application, 2020 - 2026, USD Million
TABLE 75 Key Information – Apple, Inc.
TABLE 76 key information – Thales Group S.A.
TABLE 77 Key Information – Google, Inc.
TABLE 78 key Information – Mastercard, Inc.
TABLE 79 Key Information –Samsung Electronics Co., Ltd.
TABLE 80 Key Information – Xiaomi Corporation
TABLE 81 Key Information – PayPal Holdings, Inc.
TABLE 82 Key Information – Visa, Inc.
TABLE 83 key information – Nymi, Inc.
TABLE 84 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