Iran’s smartwatch market is experiencing remarkable growth. In 2024, the market is projected to generate USD 59.8 million in eCommerce sales, a 23% increase from 2023, with an expected CAGR of 15.3% through 2028. Here’s a comprehensive look at the top smartwatch manufacturers meeting this rising demand.
Iran’s top smartwatch manufacturers include a mix of global leaders like Huawei, Xiaomi, and Samsung, and local innovators such as Lozan, Rhino Market, and GlorimiFit. Each brand delivers tailored solutions for fitness, health, and style.
Discover how these manufacturers compete in quality, innovation, and affordability, and learn why even global brands are essential players in Iran’s growing wearables market.
IWO Smartwatch
Location: Shenzhen, China
Company Type: OEM & ODM Manufacturer
Year Founded: 2016
Number of Employees: 500
Main Products: Smartwatches
Other Products: Smart rings, smart bands
IWO Smartwatch, based in Shenzhen, delivers high-quality, customizable smartwatch solutions. With a production capacity of 20,000 units daily and rigorous quality control, IWO ensures reliability for Iranian distributors. SKD shipments allow easy local assembly, reducing import duties and offering cost-efficient solutions.
Huawei
Location: Shenzhen, China
Company Type: Electronics and Wearables Manufacturer
Year Founded: 1987
Number of Employees: 195,000
Main Products: Smartwatches, Smartphones
Other Products: Laptops, IoT Devices
Huawei has established itself as a top choice for Iranian consumers by offering advanced features like GPS navigation, fitness tracking, and sleek designs. Their commitment to quality and innovation explains their strong presence in the Iranian market.
Xiaomi
Location: Beijing, China
Company Type: Consumer Electronics Manufacturer
Year Founded: 2010
Number of Employees: 33,000
Main Products: Smartwatches, Smartphones
Other Products: IoT Devices, Home Appliances
Xiaomi’s affordable yet feature-packed smartwatches, like the Mi Band 7 and Redmi Watch, make them a favorite in Iran. Their strategy of combining modern design with competitive pricing resonates strongly with cost-conscious consumers.
Lozan
Location: Tehran, Iran
Company Type: Local Wearable Manufacturer
Year Founded: 2010
Number of Employees: 300+
Main Products: Smartwatches
Other Products: IoT Devices
Lozan is a leading Iranian brand known for innovation and quality. With models like the Lozan XT and Lozan G, the brand offers stylish wearables featuring GPS tracking, heart rate monitoring, and customizable watch faces tailored to local preferences.
Rhino Market
Location: Tehran, Iran
Company Type: Consumer Electronics Distributor
Year Founded: 2015
Number of Employees: 150+
Main Products: Smartwatches
Other Products: Mobile Accessories
Rhino Market focuses on distributing cutting-edge smartwatches with a variety of brands tailored to Iranian consumers. Their localized services and comprehensive after-sales support have made them a reliable choice for tech-savvy buyers.
GlorimiFit
Location: Isfahan, Iran
Company Type: Wearables Manufacturer
Year Founded: 2018
Number of Employees: 200
Main Products: Fitness Smartwatches
Other Products: Sports Bands
GlorimiFit stands out for its fitness-focused wearables designed for Iran’s growing health-conscious population. Models like the GlorimiFit Pro emphasize durability and functionality, making them ideal for athletes and outdoor enthusiasts.
Samsung
Location: Seoul, South Korea
Company Type: Electronics Manufacturer
Year Founded: 1969
Number of Employees: 287,000
Main Products: Smartwatches, Smartphones
Other Products: TVs, Appliances
Despite being based in South Korea, Samsung’s influence in Iran is undeniable. The Galaxy Watch series offers premium features such as AMOLED displays, advanced health metrics, and NFC capabilities. Their global reputation for quality makes them a top choice.
Iran Microcell
Location: Mashhad, Iran
Company Type: Electronics Manufacturer
Year Founded: 2012
Number of Employees: 500
Main Products: Smartwatches, Wearables
Other Products: IoT Systems
Iran Microcell combines local manufacturing expertise with cutting-edge technology to produce durable and affordable smartwatches. They cater to diverse demographics, from students to professionals.
Mibro
Location: Shenzhen, China
Company Type: Consumer Electronics Manufacturer
Year Founded: 2015
Number of Employees: 300+
Main Products: Smartwatches
Other Products: Wearable Accessories
Mibro has carved a niche in Iran with its value-for-money smartwatch solutions. Models like the Mibro Lite and Mibro Air offer excellent fitness tracking, long battery life, and customizable watch faces. Their focus on affordability and innovation makes them a preferred brand in Iran’s competitive market.
Leitu
Location: Tehran, Iran
Company Type: Wearables Manufacturer
Year Founded: 2015
Number of Employees: 150
Main Products: Smartwatches
Other Products: Fitness Bands
Leitu’s Polar series combines premium features with competitive pricing, catering specifically to Iranian consumer preferences. Their customer-centric approach ensures trust and loyalty among users.
Conclusion
Iran’s smartwatch market is booming, offering immense potential for local and global manufacturers alike. By choosing IWO Smartwatch, you gain access to industry-leading solutions tailored to this growing market. Partner with us today to stay ahead of the trend.
