Wearable Payment Device Market Size, Share, Growth and Forecast to 2027
The growth of the wearable payment device market is primarily driven by growth in the adoption of wearable devices and contactless cards due to the COVID-19 pandemic crisis, increasing demand for secure contactless payment, and the growing adoption of NFC technology. In the early stages of the pandemic, there was wide reportage about the virus surviving on surfaces for up to a few hours, which led to panic and paranoia about touching unknown surfaces in public places among people.
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