SAN FRANCISCO , July 4, 2022 /PRNewswire/ — New market research published by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “Smart Connected Wallets – Global Market Trajectory and Analysis”. The report presents new insights into the opportunities and challenges in a significantly transformed post COVID-19 market.
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Editing: 9; Published: January 2022
Executive Pool: 366
Companies: 43 – Players covered include Ekster Wallets BV; NXT-ID Inc.; Volterman; Walli Wearables, Inc.; Woolet.co and others.
Cover: All major geographies and key segments
segments: Application (retail, financial services, hospitality, travel, other applications); Type (Bluetooth, WiFi)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; and rest of Europe); Asia Pacific; Rest of the world.
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Global Connected Smart Wallet Market to Reach $354.2 million by 2026
Amid COVID-19 Crisis, Global Smart Wallet Market Estimated at US$237.9 millionis expected 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 expected to register a CAGR of 6.2% and reach US$109.9 million at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, the growth of the Wi-Fi segment is readjusted to a revised CAGR of 6.9% for the next 7-year period.
The US market is estimated at $76.5 million in 2021, when China is expected to reach $62.4 million by 2026
The connected smart wallet market in the United States is estimated at US$76.5 million in the year 2021. Chinathe second largest economy in the world, is expected to reach a projected market size of US$62.4 million by 2026 with a CAGR of 6.3% over the analysis period. Other notable geographic markets include Japan and Canada, each predicting growth of 6.4% and 5.4% respectively over the analysis period. In Europe, Germany is expected to grow at around 5.4% CAGR. After
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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher, the only influencer-focused market research company in the world. Proudly serving over 42,000 clients in 36 countries, GIA has been recognized for its accurate forecasting of markets and industries for over 33 years.
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