Global shipments of wearable devices are expected to total 396.0 million units in 2020 according to new data from the International Data Corporation. This marks a 14.5% increase from the... more
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The use of passive wearable devices for wearable payments is continuing to take off in Europe, as consumers quickly and easily integrate this relatively new payment method into their daily... more
The worldwide wearable device market (commonly referred to as wearables) will see continued growth as second and third generation iterations reach the market. These new devices will build upon the hardware and software of their predecessors and resolve some of the shortcomings and concerns identified by customers today. In the Digital Payments Report, survey respondents [...]
Gemalto has provided a secure element based applet for smart wearables launched by China UnionPay, one of the world’s major payment associations with total transactions reaching $1.9 trillion in the first quarter of 2015. Smart wearable devices are gaining popularity globally, with total shipments expected to surpass 200 million in 2019. CUP had launched smart [...]
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Worldwide shipments of wearable devices are expected to reach 110 million by the end of 2016 with 38.2% growth over the previous year. According to the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker, an expanding lineup of vendors combined with fast-growing consumer awareness and demand will generate double-digit growth throughout the 2015-2020 forecast [...]
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