Real-Time Industrial Classifications

UK Wearables and Quantified Self Industry

Find out more about the UK’s growing Wearables and Quantified Self industry and the companies creating and deploying wearable devices and fitness trackers through our real-time data and sector insights.

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What are Wearables and Quantified Self?

Wearables and Quantified Self refers wearable technology that’s worn on the human body – often as an accessory or within clothing – used to record vital signs or other ambient information that’s fed back to the wearer.

Examples of Wearables includes smartwatches, medical alert monitors, fitness trackers and even smart tattoos.

Whilst Wearables is a broader term of electronic devices worn on a user’s body, Quantified Self (sometimes shortened to QS) refers to the process the self-tracking, measurement, and quantification of all aspects of daily life. Quantified Self also encompasses the ecosystem of users and makers of tracking tools and the further progress of self-knowledge through data.

Wearables and Quantified Self sector summary

Key information you should know about the Wearables and Quantified Self sector from our AI-driven platform of over 5 million companies:

Wearables and Quantified Self has turnover of £2.86bn, meaning it is our 56th largest RTIC, and our 35th fastest growing sector.
The Wearables and Quantified Self sector has not received additional investor attention in recent years and the amount of venture capital funding is not increasing as fast as our other emerging economy sectors.
On average the roles advertised in this sector are 7.41% higher than the UK’s average salary.

582

COMPANIES CONSIDERED

£2.9bn

TOTAL TURNOVER

12,091

TOTAL EMPLOYEES

£1.9bn

TOTAL INVESTMENT FUNDING

£44.8m

TOTAL INNOVATE UK GRANT FUNDING

5.2%

AVERAGE COMPANY GROWTH PER YEAR

Wearables and Quantified Self verticals

Our Wearables and Quantified Self RTIC is made up of 4 individual industry verticals, including verticals such as Apps, Enabling Tech, Fitness Tracking. You can find out more about the verticals by buying a report, visualising the sector on our platform, or by downloading the data.

Sector Code Description Records
RTIC0033 Wearables and Quantified Self 569 companies
Companies creating or deploying wearable devices and other technologies that collect data about the wearer such as fitness and sleep and provide insight via analysis.

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- Wearables and Quantified Self: Apps
  Companies developing apps for self-tracking of data acquired by wearable devices
  
  181 companies
- Wearables and Quantified Self: Enabling Tech
  Companied producing the technologies (i.e., sensors) that enable wearable devices
  
  123 companies
- Wearables and Quantified Self: Fitness Tracking
  Companies manufacturing wearable devices for fitness tracking
  
  79 companies
- Wearables and Quantified Self: Medical
  Companies developing wearable devices for health tracking
  
  264 companies

Wearables and Quantified Self industry growth

We estimate that the UK Wearables and Quantified Self sector could be worth approximately £3.7bn by 2027, based on the compound annual growth rate (CAGR) of 5.2%. Below you can see the five year turnover forecast for the RTIC from 2023 to 2027.

Get your free Wearables and Quantified Self report

Dig deeper into the UK’s Wearables and Quantified Self Economy with our free 2023 RTIC report, which includes:

– Summary of RTIC data & industry performance
– Overview of key verticals
– Geographic analysis & breakdown
– Key insights & trends

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Real-Time Industrial Classifications (RTICs)

At The Data City we’re mapping the emerging economy through accurate and reliable real-time data. We’ve produced Real-Time Industrial Classifications (RTICs) for some of the UK’s fastest growing sectors, across over 350 industry verticals, including the Wearables and Quantified Self economy.

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