/ Blog / Six Biggest Smartwatch Producers

date

06 May 2022

Six Biggest Smartwatch Producers

Technological advancements have enabled several inventions that have turned our lives and the world around. Smartwatches are a testament to that. They’re one of the trendiest accessories you can expect to see on the wrists of almost everyone, regardless of their age and demographics. Features like health updates and tracking have made smartwatches a must-have for all health-conscious people. Connecting the watches with your smartphone through Bluetooth is another perk that appeals to many.

 

Technology has also ensured that the global smartwatch market remains competitive, with the neck-to-neck competition due to several entries and increased R&D projects. Even amidst this, few businesses remain industry pioneers due to their significant market shares. Below we offer six of the most prominent smartwatch manufacturers worldwide.

 

Apple

 

Founded in 1976 in America by Steve Jobs, Ronald Wayne, and Steve Wozniak, Apple is the largest smartwatch manufacturer. Headquartered in Cupertino, California, USA, the multinational manufactures software and consumer electronics and offers online services. As of 2022, Apple Inc. has more than five hundred retail stores with over one hundred and fifty thousand employees globally and reported annual revenue of over three hundred and sixty-five billion USD in 2021.

 

Samsung

 

Established in 1938 by Lee Byung-Chul, the Samsung Group is headquartered in Seocho District, Seoul, South Korea. The multinational producing conglomerate has several subsidiaries and offers a range of services, including entertainment, financial services, information and communications technology, retail, and advertising. Its primary products include automotive, clothing, consumer electronics, chemical, DRAM, home appliances, and telecommunication equipment.

 

Fitbit

 

Previously known as Healthy Metrics Research Inc., Fitbit is a subsidiary of Google LLC. Developed in 2007 by James Park and Eric Friedman, the multinational specializes in consumer electronics and has headquarters in San Francisco, California. In 2019, the company became the fifth-biggest wearable technology business in shipments. As of 2019, it reported annual revenue of over one billion USD from selling its products in more than a hundred stores internationally.

 

Lenovo

 

Established in 1984 by Liu Chuanzhi, Lenovo is a multinational technology business offering designing, manufacturing, and advertising on personal computers, business solutions, consumer electronics, and software. It has three headquarters- in Beijing, Hong Kong, and North Carolina, with Hong Kong’s main one. In 2021, Lenovo recorded over sixty billion USD revenue with around seventy thousand employees working across sixty countries.

 

Huawei

 

Established in 1987 by Huawei Technologies Co. Ltd is the subsidiary of Huawei Investment & Holding. Its headquarters are located in Shenzhen, China, and the multinational caters to its clients worldwide, except in the United States since 2019. It specializes in designing, creating, and selling telecommunication equipment, smart devices, and consumer electronics like IoT, AI, cloud computing, etc. The business owns its brand, Huawei, and has several subsidiaries, including HiSilicon and Honor.

 

Garmin

 

Garmin, also referred to as Garmin Ltd., was founded in 1989 by Gary Burrell and Min Kao. Headquartered in Olathe, Kansas, US, and Schaffhausen, Switzerland, the multinational technology business deals with incorporating GPS technology for sport, marine, outdoor, automotive, and aviation services. Since their launch of wearable technology, they’ve risen to become one of the premium smartwatch manufacturers worldwide. Garmin owns several subsidiaries like Navigon and DeLome and has over sixteen thousand employees.

Share on

Continue Reading

Global Self-Testing Kits – Will They Always Be Relevant?

Global Self-Testing Kits have been around for a long time, and their market has also seen significant growth over the years. They started off as a brilliant idea where people could test themselves for different health conditions and diseases without visiting laboratories and getting lengthy prescriptions.

Global Point of Care Diagnostics Market – All You Need to Know

The market for point of care diagnostics has been greatly boosted by the rising frequency of chronic diseases and the rising demand for speedy testing, and this trend is anticipated to continue during the predicted period.

Russia-Ukraine War: Effects On Global Oil Prices

The issue about the war is that it doesn’t only affect both of the involved countries. Instead, it has taken the world by storm due to its global repercussions and side effects. As stated by the World Bank, one of the significant consequences is the rising oil prices and potentially the most critical commodity shock ever to happen since the 1970s.

Australian Fisherman Catches a Strange Looking Shark

If you already have a fear of the oceans, this might not be a read for you.

Recent Press Releases

Douglas Insights Adds Contactless Payment Transaction Market Research Reports to Its Co...

Douglas Insights’ Comparison Engine is set to provide its clients with an effective comparison of various market types of research on the contactless payment...

Douglas Insights Extends Its Comparison Engine With Multihead Weighers Market Research ...

Douglas Insights expands its comparison engine by adding Multihead Weighers Market research reports and allowing its clients of different backgrounds to revi...

Douglas Insights Expands Its Comparison Engine With Gamification in Education Market Re...

Douglas Insights has included Gamification in Education Market report in their comparison engine for market research reports allowing clients to access and r...

Medical Animation : Market Research Report with Comparison – Douglas Insights

Douglas Insights' competitive and comprehensive comparison engine has expanded and upgraded to include the projection, restraints, barriers, growth drivers, ...