UK Wearable Technology Market Share

Market Share of UK Wearable Technology Industry

The market studied is highly fragmented. Some of the significant players in the market are Apple Inc., Samsung Electronics Co. Ltd., Fitbit Inc., Huawei Technologies Co. Ltd., Xiaomi Corporation, and Garmin Ltd. The companies are increasing their market share by forming multiple partnerships and mergers, investing in projects, and launching new products in the market.

• May 2021 - Meta Platforms Inc, the parent company of recently-rebranded Facebook, in a bid to develop the next generation of Metaverse solutions, kicked off the research for its Project Aria augmented reality (AR) smart glasses in London. The company will begin trialling its smart glasses by recording data from environments via the head-mounted display's (HMDs) sensors.
• April 2022 - Nreal, a Chinese augmented reality start-up, unveiled their plans to bring its smart glasses to the U.K. The company announced that it would launch its Nreal Air AR glasses in Britain later this spring through an exclusive deal with local carrier EE.

UK Wearable Technology Market Leaders

1. SAMSUNG

2. FITBIT, INC.

3. Huawei Technologies Co., Ltd.

4. Apple Inc

5. Xiaomi

*Disclaimer: Major Players sorted in no particular order