Market Share of United States Wearable Sensors Industry
The wearable sensors market in the United States 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.
- January 2021: Google has completed its USD 2.1 billion acquisition of Fitbit. Google had earlier made a series of commitments about its planned operation of Fitbit and use of its health data. Post the acquisition; Google will be able to cater to the health and wellness sector with the help of wearable devices when combined with Fitbit Premium's personalized insights. The increase in demand for wearable devices is expected to drive the demand for wearable sensors in the United States Market.
US Wearable Sensors Market Leaders
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STMicroelectronics
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Infineon Technologies AG
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Texas Instruments Incorporated//www.infineon.com/
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Analog Devices, Inc.
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Panasonic Corporation
*Disclaimer: Major Players sorted in no particular order
