Silicon Canals
TRENDING
  • Mobility
  • AI
  • FinTech
  • Software & SaaS
No Result
View All Result
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdampartner
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdampartner
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact
No Result
View All Result
Silicon Canals
No Result
View All Result

Apple continues to be smartwatch market leader: Here are 6 European wearable startups aiming to conquer the biggie

Editorial team by Editorial team
May 7, 2019
in Startups, Hardware, Health & Medtech, News
0
Apple continues to be smartwatch market leader: Here are 6 European wearable startups aiming to conquer the biggie
15
SHARES
LinkedInTwitterWhatsAppFacebook

Recently, Berg Insight, a dedicated M2M/IoT market research firm based out Sweden released new findings on the connected wearables market.

15.4 percent growth expected in wearable shipment in 2023

According to the report, the shipments of connected wearables reached 116.8 million worldwide in 2018. Having said that, the total shipment of wearable including smartwatches and smart glasses is expected to reach 238.5 million units in 2023. Notably, 67.7 million of the wearables sold in 2023 are forecasted to incorporate embedded cellular connectivity.

 - Partner content -
Cost of software - The Software house
The cost of building software
Marek Gajda, CTO of The Software House, shares his insights on building high-quality...Show More
Marek Gajda, CTO of The Software House, shares his insights on building high-quality software. Show Less
Read more

Fitness & activity tracker leads wearable segment

At present, the fitness & activity tracker segment is led by Chinese Xiaomi, thanks to Mi Band fitness tracker, followed by Fitbit, Huawei and Garmin. Moreover, the report states that fitness & activity tracker faces fierce competition. On the other hand, the Cupertino giant accounted for almost half of the total 45.5 million smartwatches sold during 2018.

“Apple continues to hold a firm grip on the smartwatch market and is at the forefront of innovation in the industry,” says Martin Bäckman, IoT Analyst at Berg Insight.

Smartwatch expected to surpass!

The report from Berg Insight forecasted that the smartwatch segment is expected to surpass fitness & activity trackers and become the largest device category within wearable technology in terms of shipments in 2021.

Not so good future ahead for smartglass!

Other wearable sales such as smartglass, the head-mounted display is so far modest according to the research. In this case, Berg Insight forecasts that shipments of smart glasses and head-mounted displays will reach 11.9 million units by 2023. Annual shipments of medical devices and mobile telecare/mPERS devices are forecasted to grow from 1.8 million devices in 2018 to 6.9 million devices in 2023.

All said and done, there’s more to wearable than giants like Apple and Fitbit. There are more exciting startups in Europe with bold, innovative ideas in wearable tech genuinely helping people to solve life problems.

In no particular order, we have listed down the wearable startups to keep an eye on this 2019.

Wistiki (Paris)

Founders: Bruno Lussato, Hugo Lussato, Théo Lussato

Funding: €6.6M

Stop losing your items now with Wistiki! Wistiki is a small-sized Bluetooth tracker that can be attached to things that are commonly misplaced like keys, pets or even a phone. Through its app, available on iOS and Android, users can easily locate these items in seconds.

The company is on a mission to create an ecosystem of products and services that help you find your lost items via a strong community.

Tended (Lincoln, UK)

Founder: Leo Scott Smith

Funding: €1.6M

Founded in August 2017, Tended creates intelligent wearables and safety solutions that can detect accidents and immediately sends out an alert containing crucial information to the wearer’s emergency contacts or the emergency services. It is simple-to-use, intelligent and low-cost personal safety wearables and safety monitoring systems.

Deed (Turin, Italy)

Founders: Edoardo Parini, Emiliano Parini, Enrico Parini

Funding: €500K

Deed is a smartbridge bracelet in the wearable world that allows you to control the devices through an invisible and intuitive interface. It offers the functionality of a smartwatch and a fitness-tracker and connects to the smartphone via Bluetooth.

Vision Lab Apps ( Torri Di Quartesolo, Italy)

Founders: Federico Stefani, Guido Nardo

Funding: €200K

Vision Lab Apps is specialised in developing enterprise software for wearable technologies. The company mission is to support and empower the industrial workforce by significantly improving their productivity. Vision Lab Apps has developed ERA, a modular, scalable and easy-to-use augmented reality software platform designed for Smart Glasses and smart devices for the industrial workforce.

Elvie (London)

Founders: Alexander Asseily, Tania Boler

Funding: €44.6M

Elvie is a health and lifestyle brand developing smarter technology for women everywhere and at all stages of life. Elvie Trainer is an award-winning app-connected Kegel trainer that helps women strengthen the pelvic floor via fun, five-minute workouts. Last year, the company launched its second product, Elvie Pump, the world’s first silent, wearable breast pump.

8sense (Rosenheim, Germany)

Founders: Christoph Tischner, Ralf Seeland

Funding: €1M

8sense is an e-health startup providing a virtual back coach consisting of a sensor and mobile app. It gives constant feedback on the user’s posture, allowing him to strengthen or relieve back muscles and improve muscle memory.

Stay tuned to Silicon Canals for more updates in the tech startup world.

These 10 standout tech startups have been selected for Future Hamburg Award 2019

close

Want to stay on top of the latest rounds, coolest tech and hottest startups?

Subscribe to our free, daily news blast and stay up-to-date!

Check your inbox or spam folder to confirm your subscription.

 - Partner content -
Nebula CTO Andre Witte
Cloud spend management 😱
Tracking cloud spend can be tricky. Learn from Nebula's CTO Andre Witte how to keep the...Show More
Tracking cloud spend can be tricky. Learn from Nebula's CTO Andre Witte how to keep the costs at bay in 2021. Show Less
Read more
Tags: Europemedtech
Share1Tweet4SendShare6

Featured events

07apr10:0012:30FeaturedWorkshop: pr for startupsHow to grow your startup with the help of public relations

Partner content | Work with us

Blue Tulip Awards announce 5 finalists in the Food & Water and Education & Employment theme

Impact media foundation 5 Media offers grants up to €100,000 per year to drive a sustainable future

Here’s how cryptocurrency will take over the world

Blue Tulip Awards is driven by purpose: why innovation and equality go hand in hand

Future of coding: CTOs discuss low-code versus custom code software development for their business

Breaking news from Amsterdam | Partner

Here’s why Just Eat Takeaway is expanding its offices in Amsterdam

Amsterdam-based Veylinx uses Nobel Prize-winning approach to solve the problem of unreliable survey data; raises €1.6M

Amsterdam-based fintech unicorn Mollie enters UK market to helps merchants there grow into Europe post-Brexit

Amsterdam-based HR tech Recruitee takes a “shortcut” to a future unicorn status

  • About Silicon Canals
  • Partner with Silicon Canals
  • Contact us
  • Newsletter
  • Disclaimer
  • Privacy policy
  • Terms & Conditions Silicon Canals

Silicon Canals 2014-2020 | Website: Bright Idiots

No Result
View All Result
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdam
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact

Silicon Canals 2014-2020 | Website: Bright Idiots

X

This website uses cookies to ensure the best possible experience. We may share this information with our advertising and analytics partners. By clicking 'Accept', you agree to our use of cookies and similar technologies. More info