World smartwatch cargo witnesses 1.5 p.c improve in 2020, Apple maintains high spot- Know-how Information, Alenz

World smartwatch cargo witnesses 1.5 p.c improve in 2020, Apple maintains high spot- Know-how Information, Alenz

The worldwide smartwatch cargo noticed a meagre 1.5 p.c improve in 2020, when in comparison with the identical time interval the earlier yr, in line with a report by Counterpoint Analysis. The report additionally reveals that Apple has managed to carry on to its high spot for the time interval of October to December within the yr 2020, when it comes to shipments. Apple Watch shipments amounted  to 40 p.c of the full improve alone. In doing so, Apple additionally elevated its market share by 6 p.c.

Apple’s Watch Collection 6 (evaluation) and Watch SE gave strong responses, with 12.9 million models being shipped final yr.

 Global smartwatch shipment witnesses 1.5 percent increase in 2020, Apple maintains top spot

Apple Watch

Samsung got here in second place with a ten p.c market share. Its Galaxy 3 Watch helped the corporate bounce again sq. and truthful.

Samsung was carefully adopted within the smartwatch cargo sector by Huawei at 8 p.c, Fitbit at 7 p.c and the BBK group at 6 p.c market share. These firms have been the highest 5 smartwatch manufacturers within the fourth quarter of 2020. The stats additionally confirmed that the shipments seen a slight lower on a year-on-year foundation as a consequence of a contemporary wave of COVID-19 expertise in the course of the This fall of 2020.

Aside from Huawei, different Chinese language companies like Honor, Amazfit and Xiaomi additionally reported double-digit progress on this interval.

“Worth band dynamics throughout This fall 2020 point out ASPs [average selling prices] are on the rise,” mentioned Counterpoint Senior Analyst Sujeong Lim. She added that the ASPs are more likely to proceed to rise within the upcoming two to a few years with the flagship fashions of Apple, Samsung and Huawei main the market. Quickly, different manufacturers specializing in funds merchandise like OPPO and Realme are going to enter the market, thereby decreasing the general worth vary but in addition making the competitors extra intense.


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