Canada Wearable Payments Devices Market Size & Outlook
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Canada wearable payments devices market highlights
- The Canada wearable payments devices market generated a revenue of USD 2,097.6 million in 2024 and is expected to reach USD 5,406.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 17.1% from 2025 to 2030.
- In terms of segment, fitness tracker was the largest revenue generating device type in 2024.
- Smart Watches is the most lucrative device type segment registering the fastest growth during the forecast period.
Wearable payments devices market data book summary
| Market revenue in 2024 | USD 2,097.6 million |
| Market revenue in 2030 | USD 5,406.7 million |
| Growth rate | 17.1% (CAGR from 2025 to 2030) |
| Largest segment | Fitness tracker |
| Fastest growing segment | Smart Watches |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fitness Tracker, Payment Wristbands, Smart Watches |
| Key market players worldwide | Apple Inc, Barclays PLC, Thales Group, Alphabet Inc Class A, Mastercard Inc Class A, PayPal Holdings Inc, Samsung Electronics Co Ltd, Visa Inc Class A, Wirecard AG |
Other key industry trends
- In terms of revenue, Canada accounted for 3.6% of the global wearable payments devices market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. wearable payments devices market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 5,406.7 million by 2030.
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Wearable Payments Devices Market Scope
Wearable Payments Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Barclays PLC | View profile | 92400 | 1 Churchill Place, London, United Kingdom, E14 5HP | https://www.barclays.com |
| Wirecard AG | View profile | 5685 | Einsteinring 35, Aschheim, Germany, 85609 | https://www.wirecard.com |
| Visa Inc Class A | View profile | 28800 | P.O. Box 8999, San Francisco, CA, United States, 94128-8999 | https://www.usa.visa.com |
| Mastercard Inc Class A | View profile | 33400 | 2000 Purchase Street, Purchase, NY, United States, 10577 | https://www.mastercard.com |
| Thales Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.thalesgroup.com |
| PayPal Holdings Inc | View profile | 27200 | 2211 North First Street, San Jose, CA, United States, 95131 | https://www.paypal.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Apple Inc | View profile | 161000 | One Apple Park Way, Cupertino, CA, United States, 95014 | https://www.apple.com |
Canada wearable payments devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wearable payments devices market will help companies and investors design strategic landscapes.
Fitness tracker was the largest segment with a revenue share of 48.61% in 2024. Horizon Databook has segmented the Canada wearable payments devices market based on fitness tracker, payment wristbands, smart watches covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of wearable payments devices market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada wearable payments devices market , including forecasts for subscribers. This country databook contains high-level insights into Canada wearable payments devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada wearable payments devices market size, by device type, 2018-2030 (US$M)
Canada Wearable Payments Devices Market Outlook Share, 2024 & 2030 (US$M)
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