Published Date: 3-Feb-2021
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According to a new report Asia Pacific Wearable Payments Devices Market, published by KBV research, the Asia Pacific Wearable Payments Devices Market would witness market growth of 27.9% CAGR during the forecast period (2020-2026).
The China market dominated the Asia Pacific Healthcare Wearable Payments Devices Market by Country in 2019, growing at a CAGR of 28 % during the forecast period. The Japan market is experiencing a CAGR of 29.8% during (2020 - 2026). Additionally, The India market is poised to witness a CAGR of 31.4% during (2020 - 2026).
The Fitness Tracker market dominated the South Korea Wearable Payments Devices Market by Type in 2019, growing at a CAGR of 28.2 % during the forecast period. The Payment Wristbands market is estimated to grow at a CAGR of 28.9% during (2020 - 2026). Additionally, The Smart Watches market is exhibiting a CAGR of 32.2% during (2020 - 2026).
The Barcodes market dominated the Malaysia Wearable Payments Devices Market by Technology in 2019, thereby, achieving a market value of $224.3 million by 2026. The Near Field Communication (NFC) market would showcase a CAGR of 31.6% during (2020 - 2026). Additionally, The Quick Response (QR) Codes market is expected to witness a CAGR of 33.1% during (2020 - 2026).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Apple, Inc., Thales Group S.A. (Gemalto NV), Google, Inc., Mastercard, Inc., Samsung Electronics Co., Ltd. (Samsung Group), Xiaomi Corporation, PayPal Holdings, Inc. (eBay), Visa, Inc., Nymi, Inc., and Barclays PLC.
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