Apple Watch continues to dominate the global smartwatch market with nearly one in three smartwatches sold made by Apple, according to the Global Smartwatch Model Tracker recently released by Counterpoint Research. Global smartwatch shipments grew 13% year-on-year in the second quarter of 2022 due to macro uncertainties such as inflation, recession and geopolitical conflicts.
Counterpoint Research Associate Director Sujeong Lim said in a statement, “The market performed relatively well in the second quarter compared to the bearish trend we expected three months ago. However, as expected, China’s economic slowdown has resulted in a year-over-year decline in its market, with major Chinese brands such as Huawei, imoo, and Amazfit experiencing limited year-on-year growth or decline. However, as the smartphone market declined 9% year-on-year over the same period, we believe the smartwatch market is on track for healthy growth. “
Global Shipping Share of Top 8 Smartwatch Brands, Q2 2022 vs Q2 2021
Apple’s shipments increased 8% year-on-year, taking the top spot this quarter.
By region, North America continued to take first place, but its gap with second place narrowed slightly. A noteworthy market for the quarter was India, which grew 347% year-on-year to overtake China for second place. Lim said: “During the quarter, 30% of models shipped to the Indian market were sold for under $ 50 and major local brands launched affordable models, lowering the barriers to entry for consumers.”
Smartwatch shipping rate by region, Q2 2022 vs Q2 2021
China, which ranked second in the previous quarter, was pushed into third place with a 10% year-over-year drop in its shipments due to shrinking consumer demand due to the COVID-19 freeze and economic growth. negative. Additionally, Europe, which had ranked third in the previous quarter, was pushed to fourth place with a 13% year-over-year decline against the backdrop of the Russia-Ukraine war.
MacDailyNews takes: TYS:
Apple today unveiled the world’s first smartwatch, and once the Apple Watch hits the market in early 2015, nothing will ever be the same … Apple Watch, starting at just $ 349, will be a huge success … And, wow, they are wonderful! Is useful; more useful than most people still realize …
The stupidwatches currently on the market today have become even more anachronistic dead ends. If you have one of these time wasters: sell it. Get as much as you can for that piece of junk, make room for your wrist, and get ready for the world’s first true smartwatch: Apple Watch.
Along with many millions of people, you will want an Apple Watch. All you have to do touch it and see even a glimpse of what it can do and you’ll be sold … The Apple Watch will be a huge hit selling millions and millions of units. —SteveJack, September 9, 2014
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