Hong Kong Wearable Payment Device Market (2025-2031) | Industry, Outlook, Analysis, Trends, Share, Revenue, Forecast, Size, Value, Companies, Growth & Segmentation
Market Forecast By Device Type (Smart Watches, Fitness Trackers, Payment Wristbands, Smart Rings), By Technology (Near Field Communication Technology (NFC), Radio Frequency Identification (RFID), QR & Barcode), By Application (Retail/Grocery Stores, Restaurants, Hospitals/Pharmacies, Entertainment Centers, Others), By Sales Channel (Direct Sales, ‚Indirect Sales) And Competitive Landscape
| Product Code: ETC5612093 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Hong Kong Wearable Payment Device Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Hong Kong continued to witness a high concentration of wearable payment device imports, with top exporting countries being China, Taiwan, Malaysia, Germany, and Japan. Despite a slight decline in the Compound Annual Growth Rate (CAGR) from 2020 to 2024 at -1.92%, there was a notable growth rate of 24.03% from 2023 to 2024. This indicates a positive trend in the market, showcasing the increasing popularity and adoption of wearable payment devices in Hong Kong, with key players from both within and outside the region contributing to its growth.
Key Highlights of the Report:
- Hong Kong Wearable Payment Device Market Outlook
- Market Size of Hong Kong Wearable Payment Device Market, 2024
- Forecast of Hong Kong Wearable Payment Device Market, 2031
- Historical Data and Forecast of Hong Kong Wearable Payment Device Revenues & Volume for the Period 2021-2031
- Hong Kong Wearable Payment Device Market Trend Evolution
- Hong Kong Wearable Payment Device Market Drivers and Challenges
- Hong Kong Wearable Payment Device Price Trends
- Hong Kong Wearable Payment Device Porter`s Five Forces
- Hong Kong Wearable Payment Device Industry Life Cycle
- Historical Data and Forecast of Hong Kong Wearable Payment Device Market Revenues & Volume By Device Type for the Period 2021-2031
- Historical Data and Forecast of Hong Kong Wearable Payment Device Market Revenues & Volume By Smart Watches for the Period 2021-2031
- Historical Data and Forecast of Hong Kong Wearable Payment Device Market Revenues & Volume By Fitness Trackers for the Period 2021-2031
- Historical Data and Forecast of Hong Kong Wearable Payment Device Market Revenues & Volume By Payment Wristbands for the Period 2021-2031
- Historical Data and Forecast of Hong Kong Wearable Payment Device Market Revenues & Volume By Smart Rings for the Period 2021-2031
- Historical Data and Forecast of Hong Kong Wearable Payment Device Market Revenues & Volume By Technology for the Period 2021-2031
- Historical Data and Forecast of Hong Kong Wearable Payment Device Market Revenues & Volume By Near Field Communication Technology (NFC) for the Period 2021-2031
- Historical Data and Forecast of Hong Kong Wearable Payment Device Market Revenues & Volume By Radio Frequency Identification (RFID) for the Period 2021-2031
- Historical Data and Forecast of Hong Kong Wearable Payment Device Market Revenues & Volume By QR & Barcode for the Period 2021-2031
- Historical Data and Forecast of Hong Kong Wearable Payment Device Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Hong Kong Wearable Payment Device Market Revenues & Volume By Retail/Grocery Stores for the Period 2021-2031
- Historical Data and Forecast of Hong Kong Wearable Payment Device Market Revenues & Volume By Restaurants for the Period 2021-2031
- Historical Data and Forecast of Hong Kong Wearable Payment Device Market Revenues & Volume By Hospitals/Pharmacies for the Period 2021-2031
- Historical Data and Forecast of Hong Kong Wearable Payment Device Market Revenues & Volume By Entertainment Centers for the Period 2021-2031
- Historical Data and Forecast of Hong Kong Wearable Payment Device Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Hong Kong Wearable Payment Device Market Revenues & Volume By Sales Channel for the Period 2021-2031
- Historical Data and Forecast of Hong Kong Wearable Payment Device Market Revenues & Volume By Direct Sales for the Period 2021-2031
- Historical Data and Forecast of Hong Kong Wearable Payment Device Market Revenues & Volume By ?Indirect Sales for the Period 2021-2031
- Hong Kong Wearable Payment Device Import Export Trade Statistics
- Market Opportunity Assessment By Device Type
- Market Opportunity Assessment By Technology
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Sales Channel
- Hong Kong Wearable Payment Device Top Companies Market Share
- Hong Kong Wearable Payment Device Competitive Benchmarking By Technical and Operational Parameters
- Hong Kong Wearable Payment Device Company Profiles
- Hong Kong Wearable Payment Device Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Hong Kong Wearable Payment Device Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Hong Kong Wearable Payment Device Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Wearable Payment Device Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Wearable Payment Device Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Wearable Payment Device Market - Industry Life Cycle |
3.4 Hong Kong Wearable Payment Device Market - Porter's Five Forces |
3.5 Hong Kong Wearable Payment Device Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 Hong Kong Wearable Payment Device Market Revenues & Volume Share, By Technology , 2021 & 2031F |
3.7 Hong Kong Wearable Payment Device Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Hong Kong Wearable Payment Device Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Hong Kong Wearable Payment Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of contactless payment methods in Hong Kong |
4.2.2 Growing popularity of wearable technology among consumers |
4.2.3 Government initiatives to promote cashless transactions and digital payments |
4.3 Market Restraints |
4.3.1 Concerns regarding security and privacy of wearable payment devices |
4.3.2 Limited merchant acceptance of wearable payment devices in Hong Kong |
5 Hong Kong Wearable Payment Device Market Trends |
6 Hong Kong Wearable Payment Device Market Segmentations |
6.1 Hong Kong Wearable Payment Device Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Wearable Payment Device Market Revenues & Volume, By Smart Watches, 2021-2031F |
6.1.3 Hong Kong Wearable Payment Device Market Revenues & Volume, By Fitness Trackers, 2021-2031F |
6.1.4 Hong Kong Wearable Payment Device Market Revenues & Volume, By Payment Wristbands, 2021-2031F |
6.1.5 Hong Kong Wearable Payment Device Market Revenues & Volume, By Smart Rings, 2021-2031F |
6.2 Hong Kong Wearable Payment Device Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Wearable Payment Device Market Revenues & Volume, By Near Field Communication Technology (NFC), 2021-2031F |
6.2.3 Hong Kong Wearable Payment Device Market Revenues & Volume, By Radio Frequency Identification (RFID), 2021-2031F |
6.2.4 Hong Kong Wearable Payment Device Market Revenues & Volume, By QR & Barcode, 2021-2031F |
6.3 Hong Kong Wearable Payment Device Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Wearable Payment Device Market Revenues & Volume, By Retail/Grocery Stores, 2021-2031F |
6.3.3 Hong Kong Wearable Payment Device Market Revenues & Volume, By Restaurants, 2021-2031F |
6.3.4 Hong Kong Wearable Payment Device Market Revenues & Volume, By Hospitals/Pharmacies, 2021-2031F |
6.3.5 Hong Kong Wearable Payment Device Market Revenues & Volume, By Entertainment Centers, 2021-2031F |
6.3.6 Hong Kong Wearable Payment Device Market Revenues & Volume, By Others, 2021-2031F |
6.4 Hong Kong Wearable Payment Device Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Hong Kong Wearable Payment Device Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.4.3 Hong Kong Wearable Payment Device Market Revenues & Volume, By ? Indirect Sales, 2021-2031F |
7 Hong Kong Wearable Payment Device Market Import-Export Trade Statistics |
7.1 Hong Kong Wearable Payment Device Market Export to Major Countries |
7.2 Hong Kong Wearable Payment Device Market Imports from Major Countries |
8 Hong Kong Wearable Payment Device Market Key Performance Indicators |
8.1 Average transaction value per user of wearable payment devices |
8.2 Number of new partnerships between wearable payment device providers and financial institutions |
8.3 Percentage of consumers in Hong Kong using wearable payment devices for daily transactions |
9 Hong Kong Wearable Payment Device Market - Opportunity Assessment |
9.1 Hong Kong Wearable Payment Device Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 Hong Kong Wearable Payment Device Market Opportunity Assessment, By Technology , 2021 & 2031F |
9.3 Hong Kong Wearable Payment Device Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Hong Kong Wearable Payment Device Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Hong Kong Wearable Payment Device Market - Competitive Landscape |
10.1 Hong Kong Wearable Payment Device Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Wearable Payment Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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