UK Wearable AI market is estimated to grow significantly at a CAGR of over 29% during the forecast period. The rising demand for wearable AI along with the rising disposable income of the population of UK is one of the key factors to promote market growth. The country has also seen some major startups in wearable AI in recent years that include Elvie, Bluebell, Soter Analytics, Accurable, and Medopad among others. Elvie is a London-based femtech company that engages in developing smarter technology for women that includes a silent wearable breast pump and a smart pelvic floor exerciser.
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The market is segmented on the basis of product type and application. Based on the product type, the market is segmented into smartwatches and fitness bands, eyewear, earwear, and others. AI-based smartwatches and fitness bands segment is estimated to hold a significant share and is estimated to show optimistic growth during the forecast period owing to the increasing product launches for AI-based smartwatches and fitness bands. Further, on the basis of application, the market is segmented into consumer electronics, gaming, enterprise, and others.
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UK Wearable AI Market Segmentation
By Product Type
- Smartwatches and Fitness Bands
- Eyewear
- Earwear
- Others
By Application
- Consumer Electronics
- Gaming
- Enterprise
- Others
Company Profiles
- AiServe Technologies GmbH
- Apple, Inc.
- Ava
- Elvie
- Garmin Ltd.
- GN Store Nord A/S
- Google LLC
- Intel Corp.
- LG Electronics, Inc.
- Medopad Ltd.
- Microsoft Corp.
- Oracle Corp.
- Samsung Electronics Co. Ltd.
- Soter Analytics Pty Ltd.
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