According to new reports which came from canalys reveal that the Global Smartwatch users have been increased by 12% in the first quarter of 2020.

Even though there is corona pandemic across the globe which has disrupted many manufacturing production and Logistic units, the smartwatch market 12% YoY.

there are 5 Smartwatch manufacturers who own the largest share in the smartwatch market for Apple, Huawei, Samsung, Fitbit.

Apple has shipped 5.2 million smartwatches in the first quarter of 2020 holding 36.3 % market share. Hawaii ranks second with 14.9% market share with the 2.1 million shipments which is 113% more growth than the last year. Samsung stands at Number 3 with 1.1 million shipments with a 46% growth than the previous year. Garmin and Fitbit accept 1.1 million and 0.9 million smartwatches respectively.

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These statistical reports it clearly says that the Apple watch market has been growing very steadily throughout the US and Europe. Also, there has been a report from the canalys stating Apple AirPods is the must-have Apple accessories in the home.

China being the biggest manufacturer of smartwatches has seen very massive growth in the smartwatch segment this year. smartwatches with built-in cellular-enabled are getting more fraction among the consumers.

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hopefully, later this year will have a very very wide variety of smartwatches with the cellular-enabled feature will be hitting the shelves.

China’s low budget local companies such as Xiaomi Huawei Oppo Vivo will have a very wide range of smartwatches in the market by the end of 2020.

 

Source: GsmArena