New Market Research Report: Wearable Payments: Sizing the Opportunity

From: Fast Market Research, Inc.
Published: Wed Jun 08 2016


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.

Full Report Details at
- http://www.fastmr.com/prod/1180382_wearable_payments_sizing.aspx?afid=301

Synopsis
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 Get this Report

* 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?

Companies Mentioned in this Report: Eat24, Google, Apple, Samsung, Barclays, Nymi, Disney, Swatch, China Union Pay, American Express, Jawbone, Visa, MasterCard, Ringly, LAKS, Adam Selman, General Motors, Alipay, Xiaomi, Ant Financial, Coin

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Wealth in China: Sizing the Market Opportunity; Sizing the wealth market in China and its growth potential.
- Wealth in the UK: Sizing the Market Opportunity; Sizing the wealth market in the UK and its growth potential.
- Wealth in Germany: Sizing the Market Opportunity ; Sizing the wealth market in Germany and its growth potential.
- Wealth in Turkey: Sizing the Market Opportunity; Sizing the wealth market in Turkey and its growth potential.
- Wealth in Australia: Sizing the Market Opportunity

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

Visit website »