This article provides an analytical overview of 10 new smartwatch companies. These companies introduce solutions like chronic disease management, personal safety bands, IoT sensor monitoring, personal alarm GPS tracking, as well as machine learning interactions. Each featured company is driving significant progress in its respective domains, highlighting the diverse and expanding applications of smartwatches in healthcare, personal security, and industrial operations.
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Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the smartwatch industry. This sector is marked by key trends and a substantial workforce, shaping its future. This article was last updated 5 days ago. If you find any info is missing, let us know! Here are some key insights at a glance:
- Current Smartwatch Trends: Some of the major trends impacting the smartwatch industry are health monitoring advancements, enhanced battery life, integration with IoT devices, personalized AI assistance as well as advanced fitness tracking.
- Smartwatch Industry Statistics: The sector comprises 12.7K+ organizations worldwide. Out of these, 1K+ new smartwatch companies were founded in the last five years, with 2020 as the average founding year. On average, each of these companies employs about 14 people. Moreover, the average funding received by these new companies per round in the same span is USD 5.4 million.
- 10 New Smartwatch Companies to Watch:
- Longlive – Chronic Disease Management
- LutiBand – Personal Safety Band
- WatchOut Wearables – Kids Safety Watches
- Hifcare – Wearable ECG Monitoring
- Sensorem – Personal Alarm for Elderly Care
- Doublepoint – Micro-gesture Recognition
- Epoché – Invisible Smart Connect
- X-Wrist – Real-time Health Data
- Trakalarm – Personal Safety Device
- StepUp Horse – Race Horses Training Solution
Meet 10 out of 1K+ Emerging Smartwatch Companies
In this section, we spotlight 10 new smartwatch companies offering solutions for various applications such as chronic disease management, kids’ safety, machine learning interactions, invisible smart connect, and real-time health data. These entities integrate advanced sensors, machine learning algorithms, and innovative connectivity technologies. They leverage advanced health monitoring, safety features, and real-time data analytics to enhance user experiences and operational efficiency. Read on to explore many more innovative solutions that these companies offer!
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. Longlive
- Founding Year: 2021
- Employee Range: 11-50
- Location: UK
- Signal Strength: Very Strong
- What they do: Longlive’s smartwatch continuously monitors ten vital health data points, including heart rate, blood pressure, and body temperature. It caters specifically to individuals aged 50 and above. The smartwatch provides tools to detect, prevent, and manage chronic diseases by pairing with a personalized coaching app. This integration of hardware and software offers real-time health insights aiding users with crucial data at a glance. Longlive’s Health AI learns from daily routines to send relevant notifications. This continuous monitoring aids in early detection and treatment of chronic conditions. It benefits caregivers of the elderly with real-time alerts and also minimizes hospital visits for the elderly.
2. LutiBand
- Founding Year: 2020
- Employee Range: 2-10
- Location: USA
- Signal Strength: Strong
- What they do: LutiBand offers a wearable medical alert smartwatch to improve safety and health monitoring. The LutiBand smartwatch supports clear calls and precise location tracking by integrating an international 4G LTE sim card. It provides real-time medical data and location during emergencies by connecting directly with emergency services. The device stores and transmits vital signs such as heart rate, blood pressure, oxygen levels, and body temperature. The device’s advanced sensors like fall detection, accelerometer, and altimeter increase user safety. The smartwatch also features geofencing for sending alerts when users move outside predefined areas. Caregivers use this to receive notifications for vital sign updates, medication reminders, and device status. It has a waterproof design along with a security clasp to prevent accidental removal.
3. WatchOut Wearables
- Founding Year: 2021
- Employee Range: 2-10
- Location: India
- Signal Strength: Very Strong
- What they do: WatchOut Wearables offers smartwatches for kids with safety and connectivity features. The WatchOut Next-Gen Kids Smartwatch features a built-in GPS chipset for location tracking. It includes a 2MP front camera for video calls along with 4GB internal storage for essential data. The smartwatch supports 4G calling with a nano-SIM card and offers connectivity with iOS and Android devices. It has a 1.3″ full-touch round screen and IP54 water and dust resistance for durability. Its safety is enhanced with an emergency SOS button, anti-removal theft sensor, and parental controls. Additionally, the 580 mAh battery ensures continuous monitoring and activity tracking. It also features wi-fi and Bluetooth connections that enable real-time messaging and remote GPS tracking.
4. Hifcare
- Founding Year: 2020
- Employee Range: 11-50
- Location: China
- Signal Strength: Very Strong
- What they do: Hifcare provides wearable ECG monitoring devices for continuous health monitoring. This device provides real-time ECG signal collection using high-precision sensors. It ensures cardiac data capture by employing a multi-lead configuration. The device integrates with Hifcare’s AI algorithms for preliminary analysis and offers users insights into their heart health. Additionally, the monitor includes sensors for geographic location, motion, and temperature, improving the contextual understanding of health data. Hifcare’s platform aids healthcare professionals in patient management by offering remote access to collected data. This wearable ECG monitor benefits individuals needing regular heart monitoring and healthcare providers seeking reliable, continuous patient data.
5. Sensorem
- Founding Year: 2019
- Employee Range: 2-10
- Location: Sweden
- Signal Strength: Very Strong
- What they do: Sensorem offers personal alarm smartwatches to enhance safety and health monitoring for seniors and individuals with special needs. The Sensorem smartwatch ensures accurate real-time location tracking with a GPS chipset. It includes a built-in SIM card for mobile network communication and two-way speakerphone functionality. The device supports an emergency SOS button, alerting relatives and connecting to Sensorem’s 24/7 alarm center. The device’s additional features include geofencing that sends alerts if the user leaves predefined safe areas. The smartwatch is IP67 waterproof which allows use in the shower, and has a battery life of approximately five days. It also incorporates an inactivity alarm, notifying relatives if the user remains still for a selected period. It also offers medication reminders and low-battery alerts which are managed through the Sensorem app.
6. Doublepoint
- Founding Year: 2020
- Employee Range: 11-50
- Location: Finland
- Signal Strength: Very Strong
- What they do: Doublepoint offers a touch-based micro-gesture recognition solution for smartwatches, AR/VR, and IoT devices. The Doublepoint Kit includes a developer smartwatch equipped with inertial measurement unit (IMUs) and photoplethysmography (PPG) sensors for accurate gesture detection. The Doublepoint engine offers licensable algorithms, advanced ray-casting, model reports, and evaluation tools. The smartwatch technology enables precise wrist-based ray-casting without additional headset sensors. Its smart IoT control converts the smartwatch into a personal remote controller for smart devices. The kit supports hands-free watch interactions using IMU and heart rate sensors, allowing intuitive navigation. Additionally, pinch detection paired with eye tracking enhances point-and-select capabilities.
7. Epoché
- Founding Year: 2019
- Employee Range: 2-10
- Location: Italy
- Signal Strength: Very Strong
- What they do: Epoché offers smartwatches that blend tradition with innovation. Its smartwatches feature iOS and Android compatibility through a dedicated app. The watch includes gesture control on the glass for activating quick functions. It uses 5ATM waterproof 316L stainless steel and anti-scratch touchscreen glass. Its invisible smart connect technology enhances the user experience by integrating with the dial. The device’s health benefits include biometric sensors for constant body temperature control and saturation of peripheral oxygen (SpO2) monitoring. It also features an automatic emergency call function that activates in case of falls or health problems. Additionally, Bluetooth 5.0 and IoT infrastructure connection support contactless payments and structure access.
8. X-Wrist
- Founding Year: 2019
- Employee Range: 2-10
- Location: UK
- Signal Strength: Strong
- What they do: X-Wrist provides health-monitoring smartwatches integrating real-time medical data and professional consultations. The X-Wrist LT features a built-in ECG and PPG monitor for accurate heart rate variability tracking. It includes sensors for monitoring blood oxygen levels, blood pressure, respiratory rate, and body temperature. The device supports red light laser therapy to enhance cellular regeneration and blood flow. Device users can share their health data with doctors through the X-Wrist app which enables personalized medical care. The smartwatch offers 24/7 fitness tracking, monitoring steps, distance, calories, and sleep patterns. The device uses Bluetooth 4.2 BLE for data transmission.
9. Trakalarm
- Founding Year: 2019
- Employee Range: 2-10
- Location: Australia
- Signal Strength: Weak
- What they do: Trakalarm develops smartwatches focused on personal safety and security. The Trakalarm smartwatch integrates proprietary software with features like an onboard alarm, live video and audio streaming, and GPS location tracking. It functions independently of a mobile phone for reliability in emergencies. Device users benefit from features such as instant messaging, loud alarms, and real-time location sharing. The smartwatch includes a video camera that streams live audio and video to emergency contacts with a single button press. It also supports two-way communication, fall detection, heart rate monitoring, and body temperature monitoring. The device’s remote access option allows families to monitor the user’s safety.
10. StepUp Horse
- Founding Year: 2019
- Employee Range: 2-10
- Location: Denmark
- Signal Strength: Very Strong
- What they do: StepUp Horse offers wearable technology for equestrian training, providing real-time data for optimizing horse performance. The StepUp Horse device, a belt placed under the saddle or harness, measures breathing frequency, heart rate, speed, distance, stride frequency, stride length, gait, and recovery rates. Its embedded machine learning algorithms process this data which offers trainers valuable insights via an iOS or Android app or a rider’s smartwatch. The device automatically sends data to the cloud through the phone network and stores data locally if the network is unavailable. The device’s key features include performance optimization, injury prevention, and easy integration into existing training routines. The device’s battery lasts up to a week with daily use, and it also supports wireless charging. Trainers and riders can track each horse’s progress, compare performance over time, and receive alerts for potential respiratory issues.
Quick Tip to Find New Smartwatch Companies
Utilizing a SaaS platform like the Discovery Platform for identifying new smartwatch solutions provides significant benefits compared to traditional scouting methods:
- Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces hours of your conventional desk research, saving time and resources in identifying smartwatch innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the smartwatch industry. The platform keeps you informed with near real-time updates on emerging smartwatch companies and news, enabling you to make swift and informed decisions.
- Tailored Exploration: Customize your search to focus on specific niches within the smartwatch sector, such as personal safety devices, real-time health data, or personal alarms for elderly care. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Ready to Explore All New Smartwatch Companies?
We’ve explored the dynamic landscape of the smartwatch industry, examining the latest trends and spotlighting exceptional companies driving innovation. To dive deeper, download our free Electronics Manufacturing Report or schedule a demo of the Discovery Platform for a customized exploration of these groundbreaking developments. Have expertise in startups or technology? Your input can enrich our content — consider collaborating with us!
