Smart City

Smart City Sentinel

GlobalData Identifies Top Wearable Companies in New Report

By Chrissie Cluney

GlobalData has released its latest report, “Wearable Technology in Healthcare – Thematic Research.

It cites that over 10 percent of the adult population in the United States is expected to adopt smartwatches in 2019. The company foresees that competition in the segment is vastly increasing.

Wearables can collect large amounts of data and are easily categorized with software systems for analysis. Big tech companies such as Google are developing algorithms that interpret large collections of data from wearable sensors.

Apple leads the market after entering in 2015 with its first smartwatch. The company has since moved over to hearables with the Apple AirPods in 2016. Facebook has begun to work on a wearable band that can teach people how to feel words. Other companies include FitBit, which offers a range of connected health and fitness devices ranging from smartwatches to wristbands, activity trackers and wireless headphones. Huawei offers low-cost fitness trackers and smartwatches in the global wearables market. Qualcomm is involved in developing custom silicon chips for wearable devices, primarily for OEMs utilizing the Google Wear OS. Sony’s wearable types include smartwatches, activity trackers and VR headsets. Vuzix is an up and coming brand in the wearables market. This company offers display technologies and software products. Xiaomi’s product offerings include the Mi Band fitness trackers, which accounted for approximately one-quarter of the company’s shipments in Q4 2018.

Chrissie Cluney has been a correspondent for IoT Evolution World since 2015. She holds a degree in English with a concentration in writing from the College of Saint Elizabeth.

Edited by Ken Briodagh
Related Articles

Will Mid-Tech Products Drive IoT Innovation in 2021? This CEO Thinks So

By: Arti Loftus    11/12/2020

As we head into the New Year, it is that time of year for planning and predictions, and this year, creating strategies in the midst of what could be a…

Read More

IoT Award-Wining Saepio Solution from Leads Industry in Social Impact

By: Ken Briodagh    11/11/2020

In a recent announcement, was given a 2020 IoT Evolution Community Impact Award for its Saepio solution, which is designed to facilitate sa…

Read More

ORBCOMM's New Communication Device Enables Providers to Add Satellite to IoT

By: Ken Briodagh    11/11/2020

Offers cost-effective, two-way satellite communications and reliable dual-mode coverage in remote areas around the world with limited cellular connect…

Read More

IoT Time Podcast S.5 Ep.40 Quantela

By: Ken Briodagh    11/5/2020

In this episode of IoT Time Podcast, Ken Briodagh, Editorial Director at IoT Evolution, sits down with Ed Olsen, VP, Business Development and Outcome …

Read More

Semtech Expands LoRa Edge Portfolio with New Solutions

By: Ken Briodagh    11/4/2020

The LoRa Basics Modem-E and LoRa Edge Tracker Reference Design lower development costs and eliminate design complexity for IoT applications

Read More