Smart Wallets Market Size, Share, Trends And Growth Analysis, Industry Forecast To 2025

Smart Wallets Market Size, Share, Trends And Growth Analysis, Industry Forecast To 2025

ID: 1530836
recent pressrelease next pressrelease

(businesspress24) - According to a new market research report published by Credence Research during the forecast period from 2017 to 2025.

Market Insights:

Smart wallets have gained immense popularity in the recent years on account of increasing technological advancements coupled with rising adoption of various connected products. Numerous early adopters across the world have switched from their traditional wallets to smart wallets for carrying payment cards and cash. One of the most important feature compelling the use of smart wallets has been the ability to effectively track and locate a lost or stolen wallet. In addition, bi-directional connectivity between smartphones and wallets has enabled users to secure both of their prized possessions simultaneously. Leading manufacturers of smart wallets have been engaged in incorporating several features such as power banks, pen drives, built-in camera and other essential tools, among others. Thereby smart wallets offer additional utility to the users in comparison to traditional wallets.

The complete report is available at

In the recent years, there has been a rising demand for minimalist wallets which can store essential cards and limited money notes in a small and compact enclosure. Major manufacturers of smart wallets have been increasingly focusing on designing such compact wallets with advanced features. In addition, companies have been investing heavily towards design and development of wallets made from both metallic and non-metallic materials which can offer robustness along with elegance. Thereby, smart wallets are expected to gain popularity on account of both visual and technological aspects.

Competitive Insights:

The global smart wallets market is fairly niche with most of the prominent providers being start-ups. The companies which are specifically manufacturing smart wallets have been focusing on enhancing product design and features to gain higher popularity for their products. Large manufacturers of traditional wallets are yet to completely embrace technological advancements and incorporate such features into their existing products. Some of the key players in smart wallets market include Ekster Wallets BV, Wocket (NXT-ID, Inc.), Cashew (Revol, Inc.), Walli Wearables,, Volterman and Voyager Smart (Cuir Ally).

The complete report is available at

Key Trends:

Growing popularity of smart minimalist wallets with enhanced product design and features
Increasing number of niche smart wallet manufacturers offering diversified products
Manufacturing of wallets with military grade materials to ensure optimum water resistance and enhanced tensile strength
Latest Report

About Us:

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we

Media Contact

Name: Chris Smith

Designation: Global Sales Manager

Ph: 1-800-361-8290

Email: sales(at)


More information:

Keywords (optional):

Company information / Profile:

PressRelease by


PressContact / Agency:


published by: satyamspot
print pressrelease  send to a friend  

Date: 12/22/2017 - 08:15
Language: English
News-ID 1530836
Character count: 4284
Firma: Credence Research
Ansprechpartner: jayvir singh Feedback to about Pressrelease-id:
Stadt: San Jose
Telefon: 8003618290

Meldungsart: Erfolgsprojekt
Versandart: Veröffentlichung
Freigabedatum: 12.22.2017

Number of hits: 1100


Direct Link to this PressRelease:

We would appreciate a link in your News-, Press- or Partner-Site.

Comments on this PressRelease

All members: 9 436
Register today: 0
Register yesterday: 0
Members online: 0
Guests online: 231

Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.