| Product Code: ETC5612157 | 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 |
The wearable payment device market in Sweden continues to show promising growth, with imports primarily coming from neighboring countries such as Denmark and Germany, as well as from China, Estonia, and the Netherlands. The market remains competitive with a low concentration level, indicating opportunities for various suppliers to enter the market. The impressive compound annual growth rate (CAGR) of 15.99% from 2020 to 2024 showcases the increasing demand for wearable payment solutions in Sweden. Additionally, the growth rate of 4.96% from 2023 to 2024 underlines the sustained momentum in the market.
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 Sweden Wearable Payment Device Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Wearable Payment Device Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Wearable Payment Device Market - Industry Life Cycle |
3.4 Sweden Wearable Payment Device Market - Porter's Five Forces |
3.5 Sweden Wearable Payment Device Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 Sweden Wearable Payment Device Market Revenues & Volume Share, By Technology , 2021 & 2031F |
3.7 Sweden Wearable Payment Device Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Sweden Wearable Payment Device Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Sweden Wearable Payment Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of contactless payment methods in Sweden |
4.2.2 Growing popularity of wearable technology among consumers |
4.2.3 Government initiatives to promote cashless transactions |
4.3 Market Restraints |
4.3.1 Concerns over security and privacy issues related to wearable payment devices |
4.3.2 Limited merchant acceptance of wearable payment technology |
4.3.3 High initial cost of wearable payment devices |
5 Sweden Wearable Payment Device Market Trends |
6 Sweden Wearable Payment Device Market Segmentations |
6.1 Sweden Wearable Payment Device Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Sweden Wearable Payment Device Market Revenues & Volume, By Smart Watches, 2021-2031F |
6.1.3 Sweden Wearable Payment Device Market Revenues & Volume, By Fitness Trackers, 2021-2031F |
6.1.4 Sweden Wearable Payment Device Market Revenues & Volume, By Payment Wristbands, 2021-2031F |
6.1.5 Sweden Wearable Payment Device Market Revenues & Volume, By Smart Rings, 2021-2031F |
6.2 Sweden Wearable Payment Device Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Sweden Wearable Payment Device Market Revenues & Volume, By Near Field Communication Technology (NFC), 2021-2031F |
6.2.3 Sweden Wearable Payment Device Market Revenues & Volume, By Radio Frequency Identification (RFID), 2021-2031F |
6.2.4 Sweden Wearable Payment Device Market Revenues & Volume, By QR & Barcode, 2021-2031F |
6.3 Sweden Wearable Payment Device Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Sweden Wearable Payment Device Market Revenues & Volume, By Retail/Grocery Stores, 2021-2031F |
6.3.3 Sweden Wearable Payment Device Market Revenues & Volume, By Restaurants, 2021-2031F |
6.3.4 Sweden Wearable Payment Device Market Revenues & Volume, By Hospitals/Pharmacies, 2021-2031F |
6.3.5 Sweden Wearable Payment Device Market Revenues & Volume, By Entertainment Centers, 2021-2031F |
6.3.6 Sweden Wearable Payment Device Market Revenues & Volume, By Others, 2021-2031F |
6.4 Sweden Wearable Payment Device Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Sweden Wearable Payment Device Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.4.3 Sweden Wearable Payment Device Market Revenues & Volume, By ? Indirect Sales, 2021-2031F |
7 Sweden Wearable Payment Device Market Import-Export Trade Statistics |
7.1 Sweden Wearable Payment Device Market Export to Major Countries |
7.2 Sweden Wearable Payment Device Market Imports from Major Countries |
8 Sweden Wearable Payment Device Market Key Performance Indicators |
8.1 Average transaction value through wearable payment devices |
8.2 Number of transactions made using wearable payment devices |
8.3 Percentage of consumers using wearable payment devices for their transactions |
9 Sweden Wearable Payment Device Market - Opportunity Assessment |
9.1 Sweden Wearable Payment Device Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 Sweden Wearable Payment Device Market Opportunity Assessment, By Technology , 2021 & 2031F |
9.3 Sweden Wearable Payment Device Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Sweden Wearable Payment Device Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Sweden Wearable Payment Device Market - Competitive Landscape |
10.1 Sweden Wearable Payment Device Market Revenue Share, By Companies, 2024 |
10.2 Sweden Wearable Payment Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |