Wearable Payments Devices Market Size, Share & Trends Analysis Report By Device (Fitness Tracker, Smart Watches), By Technology (NFC, RFID, QR Codes), By Application, By Region, And Segment Forecasts, 2025 - 2030

Wearable Payments Devices Market Size, Share & Trends Analysis Report By Device (Fitness Tracker, Smart Watches), By Technology (NFC, RFID, QR Codes), By Application, By Region, And Segment Forecasts, 2025 - 2030


U.S. School Furniture Market Growth & Trends

The U.S. school furniture market size is estimated to reach USD 2.91 billion by 2030, registering a CAGR of 6.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. The trend of providing comfortable and ergonomic seating arrangements for students along with individual storage cabinets, the need for mobile seats to help make classes more interactive, government initiatives boosting enrollment of students, and school buildings along with product innovations are major factors ramping up the demand for school furniture in the U.S. market.

Classroom ergonomics plays an important role in schools since students spend a considerable amount of time on the benches. Institutions have been increasingly focusing on school furniture and ensuring that it’s suitable for the pupils, allows movement, and invariably encourages a good posture. Since young bodies develop rapidly, classroom seating should promote a healthy posture. Thus, the demand for such products is boosting the U.S. school furniture market.

The increasing number of school enrollments has also been contributing to market growth. The National Center for Education Statistics suggests that around 49.5 million students were enrolled in public schools from prekindergarten to grade 12 in the fall of 2021, which was approximately 78,100 students more than enrollment in the fall of 2020. Enrollment is also being boosted by the increasing number of international students in the country. The most popular schools for international students are scattered across the U.S., from New York to California to the American Rust Belt. To cater to the growing enrollment, the demand for school furniture has been expanding.

Furthermore, the development of furniture from environment-friendly products that are not manufactured from trees is expected to create new opportunities for companies operating in the school furniture market. One of the numerous ways classrooms as well as schools can go green is by investing in green furniture. According to the U.S. Environmental Protection Agency, air quality, as well as lighting improvements, can significantly increase the productivity of students. Hence, over the past few years, environmentally-conscious schools have been significantly investing in green desks and tables, green chairs, green preschool furniture, green library furniture, and green dry-erase boards, among others.

Classroom furniture trends these days highly emphasize flexibility and the ability to rearrange interior layouts. Mobile furniture is crucial as it helps develop multipurpose classrooms. Innovations in furniture have resulted in schools opting for lightweight products that can be easily moved within a classroom. Concentration, comfort, and flexibility of the students are some of the major factors that are influencing various school management to invest in ergonomic furniture and create modern classrooms.

U.S. School Furniture Market Report Highlights
  • The seating furniture segment held the largest share in the product category owing to its vast demand in every educational institution. The need for ergonomic furniture that boosts collaboration supports healthy posture, and aids in the concentration of students is boosting this product segment.
  • Increasing product innovations, the need for lightweight and comfortable seats, and rising enrollment rates are propelling the demand for school furniture in classrooms. Seating options with additional storage options act as a space-saving tactic in smaller, more compact classrooms, and the demand for the same has witnessed a considerable rise in recent years.
  • Numerous raw materials are being introduced for the production of furniture and these new materials have proven to be more stable and durable than traditional ones. These factors are expected to open new market avenues for manufacturers. The rising usage of eco-label certified furniture owing to the green marketing strategy adopted by companies is generating more opportunities for the consumption of eco-friendly furniture in schools.
  • Floor chairs are witnessing major demand as these home-like seating options are being paired with low-height floor tables or used on classroom rugs to create cozy learning zones. A public school in New Jersey, adopted diner-like booths to encourage collaborations, stadium seating, as well as soft seating with couches and beanbag chairs.
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Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Research Methodology
1.2.1. Information Procurement
1.3. Information or Data Analysis
1.4. Methodology
1.5. Research Scope and Assumptions
1.6. Market Formulation & Validation
1.7. Country Based Segment Share Calculation
1.8. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Wearable Payments Devices Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Drivers Analysis
3.2.2. Market Restraints Analysis
3.2.3. Industry Challenges
3.3. Industry Analysis Tools
3.3.1. PORTER’s Analysis
3.3.1.1. Bargaining power of the suppliers
3.3.1.2. Bargaining power of the buyers
3.3.1.3. Threats of substitution
3.3.1.4. Threats from new entrants
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political Landscape
3.3.2.2. Economic and Social Landscape
3.3.2.3. Technological Landscape
3.3.2.4. Environmental Landscape
3.3.2.5. Legal Landscape
Chapter 4. Wearable Payments Devices Market: Device Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Wearable Payments Devices Market: Device Movement Analysis, 2024 & 2030 (USD Million)
4.3. Fitness Tracker
4.3.1. Fitness Tracker Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Payment Wristbands
4.4.1. Payment Wristbands Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. Smart Watches
4.5.1. Smart Watches Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Wearable Payments Devices Market: Technology Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Wearable Payments Devices Market: Technology Movement Analysis, 2024 & 2030 (USD Million)
5.3. Barcodes
5.3.1. Barcodes Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Contactless Point of Sale (POS) Terminals
5.4.1. Contactless Point of Sale (POS) Terminals Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Near Field Communication (NFC)
5.5.1. Near Field Communication (NFC) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.6. Quick Response (QR) Codes
5.6.1. Quick Response (QR) Codes Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.7. Radio Frequency Identification (RFID)
5.7.1. Radio Frequency Identification (RFID) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Wearable Payments Devices Market: Application Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. Wearable Payments Devices Market: Application Movement Analysis, 2024 & 2030 (USD Million)
6.3. Festival & Live Events
6.3.1. Festival & Live Events Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Fitness
6.4.1. Fitness Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Healthcare
6.5.1. Healthcare Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Retail
6.6.1. Retail Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.7. Transportation
6.7.1. Transportation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.8. Others
6.8.1. Other Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Wearable Payments Devices Market: Regional Estimates & Trend Analysis
7.1. Wearable Payments Devices Market Share, By Region, 2024 & 2030 (USD Million)
7.2. North America
7.2.1. North America Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.2.2. U.S.
7.2.2.1. U.S. Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.2.3. Canada
7.2.3.1. Canada Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.2.4. Mexico
7.2.4.1. Mexico Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3. Europe
7.3.1. Europe Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3.2. UK
7.3.2.1. UK Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3.3. Germany
7.3.3.1. Germany Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3.4. France
7.3.4.1. France Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4. Asia Pacific
7.4.1. Asia Pacific Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.2. China
7.4.2.1. China Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.3. Japan
7.4.3.1. Japan Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.4. India
7.4.4.1. India Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.5. South Korea
7.4.5.1. South Korea Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.6. Australia
7.4.6.1. Australia Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5. Latin America
7.5.1. Latin America Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5.2. Brazil
7.5.2.1. Brazil Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6. Middle East and Africa
7.6.1. Middle East and Africa Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6.2. UAE
7.6.2.1. UAE Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6.3. Saudi Arabia
7.6.3.1. Saudi Arabia Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6.4. South Africa
7.6.4.1. South Africa Wearable Payments Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
8.1. Company Categorization
8.2. Company Market Positioning
8.3. Company Heat Map Analysis
8.4. Company Profiles
8.4.1. Apple Inc.
8.4.1.1. Participant’s Overview
8.4.1.2. Financial Performance
8.4.1.3. Product Benchmarking
8.4.1.4. Recent Developments/ Strategic Initiatives
8.4.2. Barclays PLC
8.4.2.1. Participant’s Overview
8.4.2.2. Financial Performance
8.4.2.3. Product Benchmarking
8.4.2.4. Recent Developments/ Strategic Initiatives
8.4.3. Thales
8.4.3.1. Participant’s Overview
8.4.3.2. Financial Performance
8.4.3.3. Product Benchmarking
8.4.3.4. Recent Developments/ Strategic Initiatives
8.4.4. Google LLC
8.4.4.1. Participant’s Overview
8.4.4.2. Financial Performance
8.4.4.3. Product Benchmarking
8.4.4.4. Recent Developments/ Strategic Initiatives
8.4.5. Mastercard
8.4.5.1. Participant’s Overview
8.4.5.2. Financial Performance
8.4.5.3. Product Benchmarking
8.4.5.4. Recent Developments/ Strategic Initiatives
8.4.6. Nymi, Inc.
8.4.6.1. Participant’s Overview
8.4.6.2. Financial Performance
8.4.6.3. Product Benchmarking
8.4.6.4. Recent Developments/ Strategic Initiatives
8.4.7. PayPal Holdings, Inc.
8.4.7.1. Participant’s Overview
8.4.7.2. Financial Performance
8.4.7.3. Product Benchmarking
8.4.7.4. Recent Developments/ Strategic Initiatives
8.4.8. SAMSUNG
8.4.8.1. Participant’s Overview
8.4.8.2. Financial Performance
8.4.8.3. Product Benchmarking
8.4.8.4. Recent Developments/ Strategic Initiatives
8.4.9. Visa
8.4.9.1. Participant’s Overview
8.4.9.2. Financial Performance
8.4.9.3. Product Benchmarking
8.4.9.4. Recent Developments/ Strategic Initiatives
8.4.10. Garmin Ltd.
8.4.10.1. Participant’s Overview
8.4.10.2. Financial Performance
8.4.10.3. Product Benchmarking
8.4.10.4. Recent Developments/ Strategic Initiatives

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