Smart-Connected Wallets Market
Smart-Connected Wallets Market Analysis, By Type (Wi-Fi, Bluetooth), By Material (Metallic, Non-metallic), By Distribution Channel (Offline, Online), & Region – Global Market Insights 2023 to 2033
Analysis of Smart-Connected Wallets Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Smart-Connected Wallets Market Outlook (2023 to 2033)
Global demand for smart-connected wallets is anticipated to increase at a CAGR of 6.9% from 2023 to 2033. As a result, the global smart-connected wallets market is set to increase from a valuation of US$ 280 million in 2023 to US$ 550 million by the end of 2033.
Smart-connected wallets are digitally connected wallets that can hold a variety of payment cards and cash. Smart-connected wallets with smartphone connectivity provide several capabilities, such as tracking, detection, and locating wallets via the smartphone application.
These wallets communicate with smartphones and provide multiple payment and warning capabilities by utilizing technologies like global positioning systems (GPS), Bluetooth, cellular networks, and near-field communication (NFC), among others.
Bluetooth technology is used in smart-connected wallets to track the distance between the wallet and the user's smartphone. When the smart-connected wallet is out of reach and loses Bluetooth communication, the smartphone application immediately raises the alarm and notifies the user.
Furthermore, the majority of the most recent smart-connected wallets on the market have bi-directional connectivity, allowing smart wallet tracking via the smartphone and vice versa.
Other capabilities available in the most recent smart-connected wallets include the use of a miniature camera to take a picture once the wallet is unlocked in theft mode. The photo taken in this mode is instantly delivered to the user's smartphone, together with the smart wallet's current location.
As a consequence, smart-connected wallets have made it possible for users all around the world to track and find their stolen or lost wallets. Other security features involve RFID blocking, which prevents fraudulent reading of contactless cards stored in the wallet.
Demand for non-metallic smart-connected wallets is increasing significantly. Smart wallet producers have been forced to adopt non-metallic materials due to factors such as the continuous demand for quality leather items and attractive styles. Furthermore, the usage of non-metallic materials leads to a lower weight than their metallic equivalents. As a result, people are increasingly interested in non-metallic smart-connected wallets.
Metallic smart-connected wallets use a variety of materials, including stainless steel and aluminum, among others, to increase the wallet's strength and durability. Furthermore, producers use metals to create enclosed wallets, which provide greater protection against harm from water, heat, and shock, among other things.
Nevertheless, metallic smart-connected wallets are only employed in a few scenarios where the user may be subjecting their wallets to such extreme conditions. Furthermore, when contrasted to wallets made from leather or other materials, metallic wallets have a cold and unnatural sensation, resulting in limited acceptance.
Manufacturers of smart-connected wallets are focusing mainly on boosting usability while keeping the wallets compact in size. For example, manufacturers have included functions such as pen drives, power banks, and other utility tools into the wallet's limited space. Consequently, smart-connected wallets with multiple features have been introduced into the market to persuade consumers to move from standard wallets to smart wallets.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 280 Million |
| Projected Market Value (2033) | US$ 550 Million |
| Global Market Growth Rate (2023 to 2033) | 6.9% CAGR |
| The United States Market Value (2022) | US$ 80 Million |
| Wi-Fi-enabled Smart-connected Wallets Growth Rate (2023 to 2033) | 5.2% CAGR |
| Key Companies Profiled | Aid Technology Ltd; Baggizmo; Arista Vault; MYKEY Lab; Blockchain App Factory; Garry17; NXT-ID Inc; Neutvault |
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Why are Smart-Connected Wallets Becoming Mainstream?
“Growing Concerns Regarding Security of Credit & Debit Cards”
One of the important factors driving the growth of the global market is the growing concerns about the security of credit and debit cards. Due to the growing usage of credit and debit cards, advancements in digital and information technology have broadened the reach of smart products. Consumers are becoming worried about the security of these cards, which include all of their personal and financial information in a microchip.
A traditional wallet provides specialized storage for these cards but does not provide safety or security. Personal and bank-related information becomes accessible to unauthorized individuals if these cards are stolen or lost. As a result, the inclusion of smart features such as wallet tracking, biometric authentication, and virtual transactions in smart-connected wallets is projected to attract a vast pool of customers.
Which Aspects Can Limit the Sales Growth of Smart-Connected Wallets?
“High Cost of Smart Wallets”
Smart-connected wallets include Bluetooth, Wi-Fi, RFID, and a built-in portable charger, which raises the price of the product. A typical wallet costs between US$ 5 to US$ 20 in a retail store or online.
As a result, compared to a standard wallet, technology-enabled wallets cost between US$ 70 to US$ 150, making them high-priced products. In developing countries where spending capacity is restricted, items like smart-connected wallets are purchased less frequently, limiting sales growth.
“Shorter Lifespan of Smart-connected Wallets”
Smart-connected wallets have a shorter lifespan than traditional wallets. This is due to the ongoing development of the technology employed in smart-connected wallets, which leads to changes and improvements in the quality and construction of these wallets. With the rapid advancement of technology, manufacturers must upgrade their product offerings to embrace innovations or risk product obsolescence.
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Country-wise Insights
Why is the United States Holding a Leading Position in North America?
“Increasing Adoption of Technologically Improved Products”
North America is dominating the global market for smart-connected wallets and is expected to maintain its dominance during the forecast period. The United States is leading the regional market. As per Fact.MR, a market research and competitive intelligence provider, the United States market garnered US$ 80 million in 2022.
The high acceptance rate of technologically improved products is boosting the growth of the United States market. Moreover, increasing disposable income levels and higher demand for luxury items are propelling market growth in the country. Furthermore, the majority of the leaders in the global market are based in the United States, which has spurred the acceptance of these products.
What is Japan's and South Korea's Stance in the Asia Pacific Market?
“Japan and South Korea to Play Major in Regional Market Expansion”
The Asia Pacific market is developing at a rapid pace. Moreover, the rising adoption of connected technologies and an increase in wallet theft are bolstering regional market growth. Japan and South Korea play major roles in the regional market. The increased purchasing power, disposable income, high internet penetration, and smartphone use are driving the market growth in these countries.
How are the United Kingdom and Germany Contributing to the Sales Growth of Smart-Connected Wallets in Europe?
“Growing Acceptance of New Technologically Advanced Items”
Demand for smart-connected wallets is growing in Europe. Factors such as increasing smartphone penetration and rising disposable income are fueling the growth of the regional market.
European countries such as the United Kingdom and Germany are hotspots for fashion accessories and utility innovations. These countries are also ideal locations for both large fashion labels and smaller start-up enterprises that combine fashion and utilitarian accessories with technology.
Smart wallet-like items are the main attraction at these countries' exhibits, fashion events, and other venues. The acceptance of these new technologically advanced items is considerable in comparison to other European countries, boosting the market growth.
Category-wise Insights
Why is Demand for Wi-Fi-enabled Smart-Connected Wallets Gaining Traction?
“Increased Smartphone Adoption and Internet Penetration”
Demand for Wi-Fi-enabled smart-connected wallets is anticipated to swell at a CAGR of 5.2% over the next ten years. Due to increased smartphone adoption and Internet penetration, people increasingly prefer Wi-Fi-enabled smart-connected wallets to connect to the Internet and other devices via Wi-Fi utilizing mobile applications.
Smart-connected wallets have a memory bank with an internal capacity of 64 gigabytes that can be utilized for file storage. File completion checks, file transfers, and other operations are significantly faster via Wi-Fi.
Will Online Sales of Smart Wallets Increase as Expected?
“Customers’ Increasing Preference for Online Shopping”
The most popular channel for selling smart wallet-like products is the online store. A smart-connected wallet is a relatively new concept with a small customer base. Thus, online channels are increasingly preferred by market players to maintain profitability by decreasing possible overheads like brick-and-mortar expenses, operational costs, and personnel compensation.
Furthermore, since the pandemic, a substantial customer base has migrated to a digital platform for general purchasing, increasing the sales of smart-connected wallets via online channels.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
The global market is extremely consolidated due to the existence of a few prominent international and regional players. Key players in the smart-connected wallets market are competing on product differentiation, pricing, product portfolios, product benefits, and product quality. To remain competitive in the global market, vendors must develop innovative product manufacturing procedures and new products.
Moreover, many start-ups are focusing on new developments in the use of materials as well as product design.
- Alipay+, a digital payments network, partnered with Asian mobile payment providers to launch smart-connected wallets and digital wallets in South Korea in September 2022.
- Tags Mate's released AirTag Smart Wallet in October 2021, which combines Apple's AirTag encryption with the sleek appearance of a credit cardholder.
- Ekster launched the world's first voice-activated smart wallet in March 2021, a wallet with quick card access, Crowd-GPS monitoring, and RFID blocking, all wrapped in environmentally friendly leather.
Smart-Connected Wallets Industry Research Segmentation
-
By Type :
- Wi-Fi
- Bluetooth
-
By Material :
- Metallic
- Non-metallic
-
By Distribution Channel :
- Offline
- Online
-
By Region :
- North America
- Latin America
- Europe
- Asia Pacific & China
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and foundation Data Points
- 5. Global Market Demand (US$ Mn) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type
- 6.1. Wi-Fi
- 6.2. Bluetooth
- 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Material
- 7.1. Metallic
- 7.2. Non-metallic
- 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Distribution Channel
- 8.1. Offline
- 8.2. Online
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East and Africa (MEA)
- 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. South Asia & Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1. Aid Technology Ltd
- 17.2. Baggizmo
- 17.3. Arista Vault
- 17.4. MYKEY Lab
- 17.5. Blockchain App Factory
- 17.6. Garry17
- 17.7. NXT-ID Inc
- 17.8. Neutvault
- 18. Assumptions And Acronyms Used
- 19. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 02: Global Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 04: Global Market Value (US$ Mn) Analysis, by Material, 2018 to 2022
Table 05: Global Market Value (US$ Mn) Analysis, by Material, 2023 to 2033
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Material, 2023 to 2033
Table 07: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 08: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2018 to 2022
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2023 to 2033
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2023 to 2033
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 16: North America Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 17: North America Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 19: North America Market Value (US$ Mn) Analysis, by Material, 2018 to 2022
Table 20: North America Market Value (US$ Mn) Analysis, by Material, 2023 to 2033
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Material, 2023 to 2033
Table 22: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 23: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 28: Latin America Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 29: Latin America Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 31: Latin America Market Value (US$ Mn) Analysis, by Material, 2018 to 2022
Table 32: Latin America Market Value (US$ Mn) Analysis, by Material, 2023 to 2033
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Material, 2023 to 2033
Table 34: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 35: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 40: Europe Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 41: Europe Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 43: Europe Market Value (US$ Mn) Analysis, by Material, 2018 to 2022
Table 44: Europe Market Value (US$ Mn) Analysis, by Material, 2023 to 2033
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Material, 2023 to 2033
Table 46: Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 47: Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 52: East Asia Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 53: East Asia Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 55: East Asia Market Value (US$ Mn) Analysis, by Material, 2018 to 2022
Table 56: East Asia Market Value (US$ Mn) Analysis, by Material, 2023 to 2033
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Material, 2023 to 2033
Table 58: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 59: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Material, 2018 to 2022
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Material, 2023 to 2033
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Material, 2023 to 2033
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 76: MEA Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 77: MEA Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 79: MEA Market Value (US$ Mn) Analysis, by Material, 2018 to 2022
Table 80: MEA Market Value (US$ Mn) Analysis, by Material, 2023 to 2033
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Material, 2023 to 2033
Table 82: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 83: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 04: Global Market Incremental $ Opportunity, 2023 to 2033
Figure 05: Global Market Share and BPS Analysis by Type, 2023 & 2033
Figure 06: Global Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 07: Global Market Attractiveness Analysis by Type, 2023 to 2033
Figure 08: Global Market Share and BPS Analysis by Material, 2023 & 2033
Figure 09: Global Market Y-o-Y Growth Projections by Material, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Material, 2023 to 2033
Figure 11: Global Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 12: Global Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 14: Global Market Share and BPS Analysis by Region, 2023 & 2033
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2033
Figure 20: North America Market Incremental $ Opportunity, 2023 to 2033
Figure 21: North America Market Share Analysis by Country, 2023 & 2033
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 24: North America Market Share and BPS Analysis by Type, 2023 & 2033
Figure 25: North America Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 26: North America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 27: North America Market Share and BPS Analysis by Material, 2023 & 2033
Figure 28: North America Market Y-o-Y Growth Projections by Material, 2023 to 2033
Figure 29: North America Market Attractiveness Analysis by Material, 2023 to 2033
Figure 30: North America Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 31: North America Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 32: North America Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 36: Latin America Market Incremental $ Opportunity, 2023 to 2033
Figure 37: Latin America Market Share Analysis by Country, 2023 & 2033
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 39: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 40: Latin America Market Share and BPS Analysis by Type, 2023 & 2033
Figure 41: Latin America Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 42: Latin America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 43: Latin America Market Share and BPS Analysis by Material, 2023 & 2033
Figure 44: Latin America Market Y-o-Y Growth Projections by Material, 2023 to 2033
Figure 45: Latin America Market Attractiveness Analysis by Material, 2023 to 2033
Figure 46: Latin America Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 47: Latin America Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 48: Latin America Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 52: Europe Market Incremental $ Opportunity, 2023 to 2033
Figure 53: Europe Market Share Analysis by Country, 2023 & 2033
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 55: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 56: Europe Market Share and BPS Analysis by Type, 2023 & 2033
Figure 57: Europe Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 58: Europe Market Attractiveness Analysis by Type, 2023 to 2033
Figure 59: Europe Market Share and BPS Analysis by Material, 2023 & 2033
Figure 60: Europe Market Y-o-Y Growth Projections by Material, 2023 to 2033
Figure 61: Europe Market Attractiveness Analysis by Material, 2023 to 2033
Figure 62: Europe Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 63: Europe Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 64: Europe Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 68: East Asia Market Incremental $ Opportunity, 2023 to 2033
Figure 69: East Asia Market Share Analysis by Country, 2023 & 2033
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 71: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 72: East Asia Market Share and BPS Analysis by Type, 2023 & 2033
Figure 73: East Asia Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 74: East Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 75: East Asia Market Share and BPS Analysis by Material, 2023 & 2033
Figure 76: East Asia Market Y-o-Y Growth Projections by Material, 2023 to 2033
Figure 77: East Asia Market Attractiveness Analysis by Material, 2023 to 2033
Figure 78: East Asia Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 79: East Asia Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 80: East Asia Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2023 to 2033
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2023 & 2033
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Type, 2023 & 2033
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Type, 2023 to 2033
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Material, 2023 & 2033
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Material, 2023 to 2033
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Material, 2023 to 2033
Figure 94: South Asia & Oceania Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 96: South Asia & Oceania Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 100: MEA Market Incremental $ Opportunity, 2023 to 2033
Figure 101: MEA Market Share Analysis by Country, 2023 & 2033
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 103: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 104: MEA Market Share and BPS Analysis by Type, 2023 & 2033
Figure 105: MEA Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 106: MEA Market Attractiveness Analysis by Type, 2023 to 2033
Figure 107: MEA Market Share and BPS Analysis by Material, 2023 & 2033
Figure 108: MEA Market Y-o-Y Growth Projections by Material, 2023 to 2033
Figure 109: MEA Market Attractiveness Analysis by Material, 2023 to 2033
Figure 110: MEA Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 111: MEA Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 112: MEA Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the global smart-connected wallets market size?
The global smart-connected wallets market stands at US$ 280 million in 2023.
What is the sales forecast for smart-connected wallets?
Worldwide sales of smart-connected wallets are estimated to hit US$ 550 million by 2033.
What is the projected market growth for smart-connected wallets?
The global market is predicted to expand at a CAGR of 6.9% from 2023 to 2033.
At what CAGR is the demand for Wi-Fi-enabled smart-connected wallets projected to increase?
Demand for Wi-Fi-enabled smart-connected wallets is expected to increase at a CAGR of 5.2% during the forecast period.
What was the United States market value in 2022?
The United States market for smart wallets was valued at US$ 80 million in 2022.
Which are the top companies in the global smart-connected wallets market?
Aid Technology Ltd, Baggizmo, Arista Vault, MYKEY Lab, Blockchain App Factory, Garry17, NXT-ID Inc, and Neutvault are leading manufacturers of smart-connected wallets.
Smart-Connected Wallets Market