Wearable Payments: Sizing the Opportunity

Published: May 2016
No. of Pages: 43


The wearable payments market is still very much in its infancy, with most companies in this space still experimenting with form factors and functionality. Apple has emerged as a frontrunner with its payments-capable Apple Watch, but it is far from the only high-profile company in this space. With the market in its current state it is far too early to call Apple's first-mover advantage decisive, and while this space is likely to see a lot of attention and investment in the coming years it is impossible to predict which companies will dominate.

Key Findings

  • 25% of consumers globally possess a wearable device of any type (regardless of whether that device is capable of making payments).
  • Features and pricing are the two most important factors driving purchases of wearable devices.
  • China is the most immediately attractive market due to its sizable population and high proportion of potential early adopters.


Verdict Financial's "Wearable Payments: Sizing the Opportunity" examines the emerging wearable payments market, evaluating the strengths and weaknesses of the current products available to consumers in this space as well as using our proprietary data on consumer attitudes towards wearable technology and potential early adopters of wearable payments globally.

Specifically the report:

  • Analyzes the major payments-capable wearables on the market in terms of function and attractiveness to consumers.
  • Identifies the key drivers of wearable payments adoption among consumers globally and by market.
  • Analyzes the demographic and geographic distribution of potential wearable payments early adopters and the best strategies to engage with them.
  • Explores the potentially winning strategies that can be adopted by players currently in the wearables market and players looking to enter it.

Reasons To Buy

  • Understand the players in the wearables market - what products have they launched, and how likely are these to succeed?
  • Find out how consumers view wearable payments as a concept, and how this varies between markets.
  • Find out where the wearable payments early adopters are, as well as what demographics they belong to in order to effectively market products.
  • Discover the three key factors to a successful wearable payments product - what do consumers want, and how is this best delivered to them?

Published By: Verdict
Product Code: Verdict159

Did you find what you are/were looking for ? If not, read below and browse through other relevant pages for similar market research reports OR get in touch with us through the form/contact info in your right navigation panel and well share relevant market report titles for you to explore.

Related Reports:

Why ReportsnReports.com?

  • 500,000 market research reports and growing.
  • Top Fortune 500 Organizations trust us for research data.
  • 24/7 support on call as well as emails.
  • Your Details are safe with us.
  • Free support for your research requirements.
  • Report Delivery: Email
  • Delivery Time:
    • Upto 24 hrs - working days
    • Upto 48 hrs max - weekends and public holidays

Research Support / Custom Research

If this business study does not have the data and information analysis you need, contact us with your research requirements. We explore available market research reports to map your needs and share report titles with you. Alternatively, we can also offer custom research that suits your budget and timelines. Share your information requirements here.
Connect With Us
Email: sales@reportsandreports.com Call : + 1 888 391 5441

Subscription Option

Using our subscription option, you get access to market research reports and industry data of Consumer Goods market as per your needs. Get the best of Consumer Goods research reports by utilizing your research budgets in an optimum way.

More about our Subscription option
Report Alerts

Get Email alerts about market research reports from industries and publishers of your interest: