Global smartwatch shipment by Yoy, a seven percent year-on-year in 2024, marked the first decline. This drop can be attributed to the decline in shipment of Apple’s smartwatch, Apple Watch, as a low -budget smartwatch segment was seen to be a low upgrade, a new counterpoint report.
Apple leads global smartwatch shipment
- A Counter -report report Say this Apple maintains a lead Despite the decline in global shipment, the global smartwatch market.
- Apple Market stake declined from 25 percent to 22 percent in 2023 in 2023In 2024, the total shipment declined by 19 percent.
- Researchers say that Apple saw a decline in shipment despite the launch of its 10th anniversary edition Smartwatch, ie Apple Watch Series 10. This is this. This is this.Mainly due to shipment in North America In which the absence of the minimum upgrade in Apple Watch Ultra 3 and Watch Series 10 lineups withdrew on purchases to consumers.
- Huawei I was the second biggest playerN 2024 Global Smartwatch Market. Its market share increased from nine percent in 2023 to 13 percent in 2024.
- Overall, Huawei saw a 35 percent increase in shipment yo.
- SamsungOn the other hand, continue to grab third place In the global smartwatch market. Its market share increased from eight percent in 2023 to nine percent in 2024.
- Korean electronics giants saw Three percent jumps in shipment,
The report said, “Samsung saw three percent of the yo growth, as its new launch Galaxy Watch 7, Galaxy Watch Ultra and Galaxy Watch FE series adopted a strong adoption.”
- Similarly, Xiaomi retained its fourth position But recorded Development Of 135 percent yoIts market share also increased from three percent in 2023 to eight percent in 2024.
Smartwatch shipment declines in India
- Area-wise is coming in delivery, Smartwatch shipment in India In 2024 Seven percent fall Compared to 2023. The original equipment manufacturers (OEMS) sent 30 percent of their smartwatches to India in 2023. The number fell to 23 percent in 2024.
“Basic smartwatch market weakness arose in India, where for the first time a slow replacement cycle, innovation deficiency and unsatisfactory user experiences were reduced due to the report.”
- shipment to ChinaOn the other hand, Increased from 19 percent in 2023 to 25 percent in 2025,
- North America, Europe and Middle East saw a slight increase in smartwatch shipments, while North America saw a slight decline.
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