| Product Code: ETC5612096 | 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 |
In 2024, Ireland saw a significant increase in the import shipments of wearable payment devices, with top exporting countries being the USA, China, Malaysia, Singapore, and the Netherlands. The market concentration, as measured by the HHI, shifted from low to moderate in 2024, indicating a more consolidated market landscape. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained impressive at 22.52%. This data suggests a growing demand for wearable payment devices in Ireland, with a diverse range of suppliers contributing to the market`s expansion.

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 Ireland Wearable Payment Device Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Wearable Payment Device Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Wearable Payment Device Market - Industry Life Cycle |
3.4 Ireland Wearable Payment Device Market - Porter's Five Forces |
3.5 Ireland Wearable Payment Device Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 Ireland Wearable Payment Device Market Revenues & Volume Share, By Technology , 2021 & 2031F |
3.7 Ireland Wearable Payment Device Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Ireland Wearable Payment Device Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Ireland Wearable Payment Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of contactless payment methods in Ireland |
4.2.2 Growing trend of wearable technology usage for convenience and efficiency |
4.2.3 Rise in awareness about the benefits of wearable payment devices among consumers |
4.3 Market Restraints |
4.3.1 Concerns regarding security and privacy of personal financial information |
4.3.2 Limited merchant acceptance of wearable payment devices in Ireland |
4.3.3 High initial costs associated with purchasing wearable payment devices |
5 Ireland Wearable Payment Device Market Trends |
6 Ireland Wearable Payment Device Market Segmentations |
6.1 Ireland Wearable Payment Device Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Wearable Payment Device Market Revenues & Volume, By Smart Watches, 2021-2031F |
6.1.3 Ireland Wearable Payment Device Market Revenues & Volume, By Fitness Trackers, 2021-2031F |
6.1.4 Ireland Wearable Payment Device Market Revenues & Volume, By Payment Wristbands, 2021-2031F |
6.1.5 Ireland Wearable Payment Device Market Revenues & Volume, By Smart Rings, 2021-2031F |
6.2 Ireland Wearable Payment Device Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Ireland Wearable Payment Device Market Revenues & Volume, By Near Field Communication Technology (NFC), 2021-2031F |
6.2.3 Ireland Wearable Payment Device Market Revenues & Volume, By Radio Frequency Identification (RFID), 2021-2031F |
6.2.4 Ireland Wearable Payment Device Market Revenues & Volume, By QR & Barcode, 2021-2031F |
6.3 Ireland Wearable Payment Device Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Ireland Wearable Payment Device Market Revenues & Volume, By Retail/Grocery Stores, 2021-2031F |
6.3.3 Ireland Wearable Payment Device Market Revenues & Volume, By Restaurants, 2021-2031F |
6.3.4 Ireland Wearable Payment Device Market Revenues & Volume, By Hospitals/Pharmacies, 2021-2031F |
6.3.5 Ireland Wearable Payment Device Market Revenues & Volume, By Entertainment Centers, 2021-2031F |
6.3.6 Ireland Wearable Payment Device Market Revenues & Volume, By Others, 2021-2031F |
6.4 Ireland Wearable Payment Device Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Ireland Wearable Payment Device Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.4.3 Ireland Wearable Payment Device Market Revenues & Volume, By ? Indirect Sales, 2021-2031F |
7 Ireland Wearable Payment Device Market Import-Export Trade Statistics |
7.1 Ireland Wearable Payment Device Market Export to Major Countries |
7.2 Ireland Wearable Payment Device Market Imports from Major Countries |
8 Ireland Wearable Payment Device Market Key Performance Indicators |
8.1 Average transaction value per wearable payment device |
8.2 Number of active users of wearable payment devices in Ireland |
8.3 Frequency of use of wearable payment devices for transactions |
9 Ireland Wearable Payment Device Market - Opportunity Assessment |
9.1 Ireland Wearable Payment Device Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 Ireland Wearable Payment Device Market Opportunity Assessment, By Technology , 2021 & 2031F |
9.3 Ireland Wearable Payment Device Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Ireland Wearable Payment Device Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Ireland Wearable Payment Device Market - Competitive Landscape |
10.1 Ireland Wearable Payment Device Market Revenue Share, By Companies, 2024 |
10.2 Ireland Wearable Payment Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |