SAN FRANCISCO , July 4, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Smart-connected Wallets - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
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What's New for 2022?
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Access to our digital archives and MarketGlass Research Platform
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Edition: 9; Released: January 2022
Executive Pool: 366
Companies: 43 - Players covered include Ekster Wallets BV; NXT-ID Inc.; Volterman; Walli Wearables, Inc.; Woolet.co and Others.
Coverage: All major geographies and key segments
Segments: Application (Retail, Financial Services, Hospitality, Travel, Other Applications); Type (Bluetooth, Wi-Fi)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Smart-connected Wallets Market to Reach $354.2 Million by 2026
Amid the COVID-19 crisis, the global market for Smart-connected Wallets estimated at US$237.9 Million, is projected to reach a revised size of US$354.2 Million by 2026, growing at a CAGR of 6.7% over the analysis period. Bluetooth, one of the segments analyzed in the report, is projected to record a 6.2% CAGR and reach US$109.9 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Wi-Fi segment is readjusted to a revised 6.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $76.5 Million in 2021, While China is Forecast to Reach $62.4 Million by 2026
The Smart-connected Wallets market in the U.S. is estimated at US$76.5 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$62.4 Million by the year 2026 trailing a CAGR of 6.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.4% and 5.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.