Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Wearable Payment Devices Market size was valued at USD 60.8 billion in 2024 and is likely to cross USD 330.15 billion by 2037, registering more than 13.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of wearable payment devices is assessed at USD 67.98 billion.
Governments across the world have recommended using contactless payment options amid the COVID-19 outbreak. There has been a massive surge in digital payments since then. Wearable payment devices technology has become increasingly reliable and efficient over the years upon usage of cutting edge technology. Many global and regional players have been launching new models of wearable devices frequently at relatively lower prices.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of wearable payment devices is assessed at USD 67.98 billion.
Wearable Payment Devices Market size was valued at USD 60.8 billion in 2024 and is likely to cross USD 330.15 billion by 2037, registering more than 13.9% CAGR during the forecast period i.e., between 2025-2037.
North America industry is set to hold largest revenue share by 2037, attributed to high investments in wearable payment device technology in the region.
The major players in the market are American Express, Barclays, Apple Inc., Samsung, LG Electronics Inc., Xiaomi Corp., Huawei, Fossil Group Inc., GOQii, and others.
