Smartwatch shipments to rise by a quarter in 2021
Gadgets

Smartwatch shipments to rise by a quarter in 2021 – Apple remains the leader but is losing ground

Counterpoint Technology Market Research reports that global smartwatch shipments in the last quarter of 2021 set a new quarterly record with over 40 million shipments.

Image source: pixabay.com/fancycrave1

Image source: pixabay.com/fancycrave1

It is noted that the demand for smart watches has practically not grown in 2020 due to the pandemic. Last year, however, sales increased by a quarter – by 24%. This was favored in particular by good demand for devices in the “less than $100” price range.

Apple is the undisputed leader, but the company’s position is weakening under pressure from the competition. As a result, the share of the “Apple” empire fell from 32.9% in 2020 to 30.1% in 2021.

Image source: Counterpoint Technology Market Research

Image source: Counterpoint Technology Market Research

South Korean giant Samsung ranked second: over the course of the year, the company expanded its position from 8.9% to 10.2%. Closing out the top 3 is China’s Huawei, whose share fell from 10.7% to 7.7% over the year.

The biggest players in the market also include imoo, Amazfit, Garmin, Fitbit, Xiaomi and Noise. Overall, the top nine vendors together account for about 73% of the global smartwatch market.

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Johnson Smith

Johnson Smith is interested in Home Theater & Audio, Smart Tech, Google News & Products, How To, Apple News & Products, Cell Phones, Automotive Technology.

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