Wearable Payment Market 2016 Geographical Segmentation, Size, Trends, Growth and Forecast to 2020
ReportsWeb.com published “Wearable Payment Market” from its database. 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.
(EMAILWIRE.COM, April 05, 2017 ) 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.
Publisher's analysts forecast the global wearable payment market to grow at a CAGR of 59.44% during the period 2016-2020.
For more information about this report: http://www.reportsweb.com/global-wearable-payment-market-2016-2020 .
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
Publisher's 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
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001477862/sample .
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
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
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001477862/buying .
Publisher's analysts forecast the global wearable payment market to grow at a CAGR of 59.44% during the period 2016-2020.
For more information about this report: http://www.reportsweb.com/global-wearable-payment-market-2016-2020 .
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
Publisher's 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
- MasterCard
- Samsung Electronics
- Visa
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001477862/sample .
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
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
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001477862/buying .
Contact Information:
ReportsWeb.com
Priya Sisodia
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Priya Sisodia
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results