Top 7 Wearable Technology Companies in the World 2020

Top 7 Wearable Technology Companies in the World 2020 1

Technology plays an important role in our lives and this role is growing rapidly as we move towards the advancement of technology in a spurted manner. We are becoming more dependent on technology and less willing to separate it from our respective lives.

A decade ago, nobody predicted that more than a million people would buy a watch which not only tells the time but also reads your text messages, tracks your sleep patterns and your physical activity.

Leading Wearable Technology Companies

Wearable technology has experienced an evolution since first appearing as a means to take traditional desktop computing on the go. With the ability to gather and store data as well as perform complex permutations in any real-world environment, it hasn’t taken wearable technology long to establish its hold in different business modules.

Given below is a list of the top wearable technology companies

Apple

Apple entered the market in 2015 with its first smartwatch. Since then, this organization never looked back and is leading the market currently. Apple has constantly expanded its market towards the betterment of its product and user experience.

Apple expanded its market in hearables with the Apple AirPods in 2016. After acquiring Akonia Holographics, a Denver based startup in 2018, Apple started the development of AR smart glasses.

Facebook

Facebook doesn’t need any introduction in the social networking market but with the improvements in VR technologies, Facebook plans to sell its Oculus VR headsets globally. Facebook’s Oculus devices are successfully outpacing the nearest competitors, Sony PS VR, and HTC VR devices.

Facebook is also working on a wearable band that can teach people how to feel words. This is inspired by Braille script and will enable people to read incoming messages in the form of vibrations.

Fitbit

A few years ago, nobody was aware of Fitbit or its grasp in the world of wearable technology. But now, Fitbit is a pioneer in wearable technology and the list of best wearable companies won’t be complete without it.

Fitbit offers a range of connected health and fitness devices. These include wristbands, smartwatches, fitness trackers, activity trackers, and wireless headphones. The company also offers a personalized online dashboard and mobile apps. These sync automatically with and display real-time data from wearable devices.

Huawei

Huawei offers low-cost fitness trackers and smartwatches in the global wearables market. Within a period of three-four years since it has established a brand name in the wearables market by blending wearable technologies with fashion attributes in an excelled way. The reverse engineering technology to develop its own smartwatch chips and OS reduced its dependency on other vendors.
The latest Huawei Watch GT includes its custom silicon chips and features the Lite OS as a replacement of the Wear OS. Expanding its portfolio, Huawei’s initial collection of basic smart glasses, developed in collaboration with Korean brand Gentle Monster is under development.

Samsung

Although its initial wearable devices were developed in an association with other firms, Samsung took control over its subsequent development. After taking control, Samsung eventually replaced Android Wear OS with its own Linux-based Tizen OS and initiated developing its own microprocessors for smartwatches. Now the company develops both hardware and software for the devices by itself.

Samsung’s wearable portfolio includes a wide range of products like wristbands, smartwatches, fitness trackers, activity trackers, and wireless headphones. Samsung is positioning its smartwatches in the market of enterprise applications and developing smart clothes which are lesser crowded segments of wearable technology.

Qualcomm

Qualcomm is involved in developing custom silicon chips for wearable devices, primarily for OEMs utilizing the Google Wear OS. In September 2018, Qualcomm introduced its latest smartwatch chipset called the Snapdragon Wear 3100.
To establish this new chipset and expand the prominence of the QualcommSnapdragon Wear family of wearable platforms, it collaborated with original design manufacturers such as Compal Electronics and Longcheer on smartwatches.
Huaqin and Thundersoft collaborated on 4G kids’ watches, Franklin Wireless on 4G smart trackers, and Smartcom on 4G connected end-to-end solutions. Qualcomm’s Wear 2500 is specifically designed to serve on kids’ watches.

Sony

Sony’s wearable offering includes Smartwatches, activity trackers, and VR headsets but Sony majorly targets the gaming populace with its Playstation consoles and PS VR.
After the failure of its latest healthcare-focused offerings, Sony integrated calling capabilities in the activity tracker and relaunched it as SmartBand Talk. In 2019, Sony introduced the Sony Wena Straps which is used for contactless payment, basic activity tracker, and for notification access by getting integrated with user smartphone.

Summing Up

With the advancement of wearable app development technology and their implications in such a wide range of industries, major technical organizations consider this market as safe and secure. There are many organizations that are just getting started for this market.
However, this list will provide you with the most constant organizations that are miles ahead of their dynamic competitors.