Players in the portable payment device market are gaining traction

Advance Market Analytics has published a new research paper on “Wearable Payment Devices Market Insights to 2027”, spanning 232 pages and enriched with easy-to-understand tables and charts in a representative format. In the study, you will find new evolving trends, drivers, constraints and opportunities generated by reaching out to market-related stakeholders. The growth of the portable payment devices market has been mainly driven by rising research and development expenses across the globe.

Get a free, exclusive trial copy of this study in PDF format @ https://www.advancemarketanalytics.com/sample-report/70421-global-wearable-payments-devices-market-1?utm_source=OpenPR&utm_medium=Pranita

The key players included in the study include: Apple Inc. (US), Barclays Plc (UK), Fitbit, Inc (US), Google, Inc (US), Jawbone (US), Mastercard (US), PayPal, Inc (US), Samsung Electronics What. Ltd (South Korea), Visa Inc (United States), Alibaba Group (China).

Scope of the report on mobile payment devices
A Wearable Payments device is a regular wearable device integrated with a pre-loaded payment application or embedded software. This device will be linked to the customer’s bank account and can be used as a debit card when making payments to any merchant that accepts tap-and-go contactless payments via a PoS device. Increasing urbanization and digitalization have increased the demand for wearable devices.

The title segments and subsections of the market are presented below: by type (smart watches, fitness trackers, payment wristbands, other), application (grocery stores, bars and restaurants, pharmacies/drugstores, entertainment centers, other), technology (near field communication (NFC) technology ), radio frequency identification (RFID), QR and bar codes, others), sales channel (online, offline)

Market trends:
Improving host card emulation technology in wearable payments

Possibilities:
A surge in the integration of short-field communication (NFC), radio-frequency identification (RFID) technologies

Market factors:
Increased use of cashless payments due to digitalization
Increased demand for mobile devices along with contactless payments

The region includes: North America, Europe, Asia-Pacific, Oceania, South America, Middle East and Africa

National breakdown: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

If you have any questions regarding the Global Mobile Payment Devices Market Report, ask our experts via email https://www.advancemarketanalytics.com/enquiry-before-buy/70421-global-wearable-payments-devices-market-1?utm_source=OpenPR&utm_medium=Pranita

Strategic points included in the table of contents of the global portable payment devices market:
Chapter 1: Introduction, product driving the market Research objective and scope of research Mobile payment devices market
Chapter 2: Exclusive Summary – Basic Information about the Wearable Payments Devices Market.
Chapter 3: Presenting Market Dynamics – Drivers, Trends, Challenges and Opportunities for Mobile Payment Devices
Chapter 4: Portable Payment Devices Market Factor Analysis Presentation, Porter Five Forces, Supply/Value Chain, PESTEL Analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: View by type, end user and region/country 2015-2020
Chapter 6: Assessment of the Leading Manufacturers of the Mobile Payment Devices Market, which includes its Competitive Landscape, Peer Group Analysis, BCG Matrix and Company Profile
Chapter 7: Market Assessment by Segments, Countries and Manufacturers/Companies with Revenue Share and Sales by Key Countries in These Various Regions (2021-2027)
Chapter 8 and 9: View the add-in, methodology, and data source

finally, the mobile payment device market is a valuable source of guidance for individuals and companies.

Read the detailed index of the full research study at @ https://www.advancemarketanalytics.com/reports/70421-global-wearable-payments-devices-market-1?utm_source=OpenPR&utm_medium=Pranita

Thank you for reading this article; you can also get a chapter-specific version of the report or a region-specific version of the report, such as North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

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This release was published on openPR.