Market Share of Saudi Arabia Wearable and Audio Devices Industry
The market for wearables and audio devices in Saudi Arabia has favorably consolidated, as a few prominent international and regional players hold most of the market share. The market in the region is highly competitive, and players are adopting strategies such as product innovation and partnerships to maintain their competitive advantage. Moreover, low prices and the difficulty of sustaining the rapidly growing technology are significant barriers to entry for new players.
In October 2022, Samsung Electronics will partner with Servify, a global product lifecycle management platform, to bring Samsung Care+ to Saudi Arabia. Samsung Care+ is a comprehensive device care plan that includes Galaxy smartphones and tablets. This collaboration will ensure that Samsung users in Saudi Arabia have easy access to Samsung Care+, which provides benefits such as total damage protection, certified repair service, a hassle-free claims process, and free pick-up and drop service.
In January 2022, at the 2022 Arab Health exhibition, Medtronic showed off its newest Medtech inventions for a variety of diseases. These included the Hugo robotic-assisted surgery (RAS) system, the PillCam, the Pacemaker, and the InPen.
Saudi Arabia Wearable & Audio Devices Market Leaders
United Matbouli Group
Huawei Technologies Co. Ltd
Apple Inc.
Garmin Inc.
Nike Inc.
*Disclaimer: Major Players sorted in no particular order
