– United States to Accumulate 31% Revenue; China to be Fastest Expanding Market, at 30% CAGR
– In Fact.MR’s latest report on the wearable payment devices market offers a 10-year forecast through 2022 & beyond. The report explicates vital dynamics, such as drivers, restraints and emerging opportunities shaping the market dynamics. To present the information in a more vivid manner, the report has been segmented in terms of technology, by application, by platform, by installation, by solution and region.
NEW YORK, Feb. 18, 2022 /PRNewswire/ — The wearable payment devices market is anticipated to grow at a CAGR of 29% during the forecast period 2022-2032, with an estimated market valuation of US$ 13.43 billion in 2022.
Wearable payment refers to payment transactions conducted using wearable devices that are connected with wireless technologies such as NFC and RFID. Wearable payment gadgets not only provide clients with a simple and contactless means of payment but also assure safety and cleanliness, particularly in the aftermath of the COVID-19 pandemic.
According to the…
