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International smartwatch market rose 9% in Q3, Huawei largest winner with 56% progress

International smartwatch market rose 9% in Q3, Huawei largest winner with 56% progress


International smartwatch market rose 9% in Q3, Huawei largest winner with 56% progress

Not like the declining international smartphone market, the worldwide smartwatch market has rebounded in Q3

Counterpoint Analysis’s newest International Smartwatch Mannequin Tracker reveals that international smartwatch shipments continued to rise in Q3 with 9% progress.

The primary drivers for the expansion are the sustained sturdy efficiency in India and Huawei’s important rebound in China.

The Indian market, which continues to steer within the primary smartwatch section, contributed to 35% of whole international shipments. Home model Fireplace-Boltt recorded its highest quarterly shipments.

On the opposite finish of the spectrum, the Excessive-level Working System (HLOS) smartwatch section additionally noticed huge progress due to Huawei. The current launch of latest Huawei smartphones, new smartwatches and the bundled gross sales mannequin by gross sales channels led to a surge in smartwatch shipments.

Counterpoint Analysis’s information signifies a 56% YoY improve for Huawei with HLOS smartwatches surging by an unimaginable 122%! This explosive progress is attributed to the recognition of its Watch 4 and Watch 4 Professional, and the Watch GT 4.

One fascinating tidbit is that Huawei’s progress seems to have come on the expense of Samsung, which noticed a 19% YoY decline in shipments.

As for Apple, it noticed its best-ever Q3 efficiency with a 7% YoY improve in shipments. That is because of the Apple Watch SE (2nd-gen), which Counterpoint Analysis says to have “considerably contributed” to the expansion of Apple. 

General, Apple nonetheless leads the market with 45% market share adopted by Samsung (18%), Huawei (14%) and Others (23%). Samsung is susceptible to shedding its 2nd place to Huawei if the momentum continues for the Chinese language firm.

Supply: Counterpoint Analysis





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Written by bourbiza mohamed

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