Market Share of Middle East And Africa Wearable Sensors Industry
The Middle East and African wearable sensor market is semi-consolidated, with the presence of a few significant companies like STMicroelectronics, Infineon Technologies AG, Texas Instruments Incorporated, and Analog Devices. The companies continuously invest in strategic collaborations and product developments to gain market share.
- November 2023: The upcoming Redmi K70 series, a Xiaomi Smartwatch, surfaced on the UAE's TDRA certification. Bearing the model code M2320W1, the smartwatch was registered as a short-range smartwatch device. Xiaomi's subbrand Redmi plans to launch the Redmi K70 Series, which consists of the Redmi K70e, Redmi K70, and Redmi K70 Pro. The Redmi K70e will come with a 6.67-inch OLED display with a 120Hz refresh rate and a resolution of 2712 x 1220 pixels.
- October 2023: Google launched its Pixel Watch 2 smartwatch, featuring advanced health-related characteristics such as heart rate tracking and sleep tracking. The device uses a photoplethysmography (PPG) sensor that measures blood circulation by shining a green LED light onto the user's wrist. The watch also includes improved AI-powered algorithms to provide more accurate heart rate data.
Middle East And Africa 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
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Panasonic Corporation
*Disclaimer: Major Players sorted in no particular order
