Smart watch shipments increased by 001% 2021 vs 650 based on Counterpoint Research’s latest global smartwatch models Tracking Report . This growth was driven by 650 strong smartwatch sales in the first three quarters. Shipments in the fourth quarter (October 1st to December ) were in inflation The rise was driven by a 2% year-on-year decline in India’s levels and slow growth.
Global Smart Watch Shipment Share 650 Comparison (Counterpoint Research)
Ship as long as Apple still exists In terms of volume, the world’s top brands 34.1%, followed by Samsung (9.8%) and Huawei (6.7%). Apple saw strong demand for its Watch Ultra, Watch Series 8, and Watch SE (2022) models. Cupertino captures an impressive 60% of the global smartwatch market revenue.
Samsung with % shipment growth came in second place, but only 0.5% revenue growth. Huawei fell by 1 percentage point, and its revenue increased by 02%. Thanks to rapid growth in their home market, Indian smart wearable brands Noise and Fire Boltt rose to fourth and fifth place, respectively, in terms of global shipments. The market shares of Garmin, Amazfit and boAt are all hovering around 4%. Fitbit was in tenth place, while Xiaomi is now in eleventh place.
Smart Watch Shipment Share by Region650 vs 2021(Counterpoint Study)
Segmentation of the global smartwatch market by region reveals that North America is the largest market in terms of shipments 129 %. India has seen huge growth in 2022 and is now the second most important region for smart watches, with China in third.
650 The largest smartwatch shipped in ≤$35 price category accounted for 34%. >$390 The largest increase in shipments (rising 100% YoY) Driven primarily by Apple Watch Series 8 and Watch Ultra models.
Source
2022
