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The Apple Watch has dominated the smartwatch market ever because it hit cabinets again in 2015 and that place solely turned clearer in the newest quarter because the smartwatch market matured.
The Apple Watch led the smartwatch marketplace for one other quarter
Recent market knowledge printed by Counterpoint Research reveals that international smartwatch shipments elevated 6% within the three months ending September 2020 in comparison with the identical interval last yr. Apple continued because the chief with a market share of 28% all through the quarter, up from 26% twelve months earlier. This success was attributed to the lower-cost Apple Watch SE, which gives the most recent design at a less expensive worth level.
In phrases of gross sales numbers, Apple is in an excellent stronger place. Last quarter it reached $2.3 billion in income, per the report, which accounts for nearly half of all smartwatch income.
Apple will undoubtedly proceed because the market chief within the present vacation quarter. The Apple Watch SE and Watch Series 6 solely hit cabinets in the direction of the top of September, so the complete influence of their launch is but to be felt.
Huawei discovered success with its kid-focused gadgets
Huawei adopted in second place last quarter with a formidable 15% of world smartwatch shipments. Counterpoint says its newest merchandise have been performing effectively, though its kids-focused gadgets are the true winners.
Unlike its in depth smartphone lineup, Huawei’s smartwatches and different wearable merchandise haven’t been impacted by latest US commerce sanctions from a software program viewpoint.
Counterpoint hasn’t detailed the model’s efficiency by area, however China needs to be a very powerful one. Europe doubtless follows in second place, though a drop in native demand might quickly be felt as Huawei’s model continues to weaken.
The Galaxy Watch 3 has turned Samsung round
Samsung managed to outperform different manufacturers and maintain onto its place because the third-largest smartwatch model. It accounted for a formidable 10% of gross sales last quarter, up from 8% a yr earlier.
The South Korean firm stagnated within the first half of the yr, but it surely massively rebounded within the third quarter, per Counterpoint Research, with the launch of the Galaxy Watch 3, which appealed to prospects in search of one thing extra premium.
On the subject of income, Samsung is claimed to have grown its quantity 59% year-on-year and Counterpoint expects that robust momentum to proceed all through the present quarter.
China is now the most important market, however India is the fastest-growing area
Chinese large BBK turned the 4th largest producer by quantity with its popular Imoo model. In fifth place was Fitbit, which is being acquired by Wear OS creator Google.
On the subject of areas, China surpassed North America to turn out to be the most important smartwatch market on the earth — it accounted for over 30% of shipments last quarter.
Europe adopted North America, and these were adopted in descending order by Asia Pacific, India, the Middle East and Africa, and Latin America. India was the fastest-growing area with shipments rising 95% because of the drastic growth of smartwatch lineups.
(This story has not been edited by Newslivenation employees and is auto-generated from a syndicated feed.)