Market Share of NA Wearable Sensors Industry
The wearable sensors market in North America is dominated by few international players amongst local players and is moderately fragmented.
- Major vendors of wearable smart bands manufacturers consist of Apple Inc., Huawei Technologies Co. Ltd, Polar Electro Oy, Garmin Ltd, Fitbit Inc., Xiaomi Corporation, and Samsung Electronics Co. Ltd. They keep on updating their products by embedding the latest technologies to retain their market position and share.
- March 2020: Some of the vendors in the market are partnering with healthcare institutes to research various sensors which can be embedded within the device to detect various health-related diseases or problems and provide a competitive advantage to their brand of smartwatches. For instance, Fitbit has collaborated with the Scripps Research Institute and Stanford Medicine on research that is aimed at using Fitbit data to help detect, track, and contain infectious diseases like COVID-19.
North America Wearable Sensors Market Leaders
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STMicroelectronics
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Infineon Technologies AG
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Texas Instruments Incorporated
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Analog Devices, Inc.
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Panasonic Corporation
*Disclaimer: Major Players sorted in no particular order