Transportation - Wearable Payments Devices Market Statistics

The global transportation wearable payments devices market size was valued at US$ 2,817.2 million in 2021 and is estimated to grow at a compound annual growth rate (CAGR) of 29.2% from 2021 to 2028.

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Global transportation wearable payments devices market statistics, 2016-2028 (US$M)

Global transportation wearable payments devices market statistics, 2016-2028 (US$M)

Transportation - Wearable payments devices market highlights

  • The global transportation segment generated a revenue of USD 2,817.2 million in 2021 and is expected to reach USD 16,969.1 million by 2028.
  • The market is expected to grow at a CAGR (2022 - 2028) of 29.9% by 2028.
  • In terms of region, North America was the largest revenue generating market in 2021.
  • Country-wise, India is expected to register the highest CAGR from 2022 to 2028.

Market summary

Market revenue in 2021USD 2,817.2 million
Market revenue in 2028USD 16,969.1 million
Growth rate29.9% (CAGR from 2022 to 2028)
Historical data covered2016 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million

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