Huawei secured the highest spot within the world wrist-worn wearable shipments with vital year-over-year development, as per the most recent report by market analysis agency IDC. The Chinese language tech model has surpassed Apple to seize the highest spot in world wrist-worn wearable cargo for the primary three quarters of 2024. Xiaomi got here in third, whereas Samsung and BBK manufacturers made it to fourth and fifth positions, respectively. The launch of the Huawei GT 5 sequence and Watch D2 are thought of to be the foremost causes for Huawei’s development. China emerged because the largest marketplace for wrist-worn units in the identical interval.
Apple Lagging Behind the Market
IDC revealed in its newest Worldwide Wearables Quarterly Tracker report stated that the worldwide wrist-worn system market shipped 139.zero million items within the first three quarters of 2024, a year-on-year decline of 1.zero p.c. Regardless of the decline, Huawei overtook Apple to say the highest spot by delivery 23.6 million items within the first three quarters of this 12 months, with a 44.three p.c year-over-year development price. The recognition of the Huawei Watch GT 5, Watch D2, and GT 5 Professional fueled the expansion of Huawei. It bought a 16.9 p.c market share within the interval.
Apple secured the second place with 22.5 million shipments and a 16.2 p.c market share within the first three quarters of 2024. The report noticed that the Cupertino-based firm has been challenged by merchandise from extra value segments within the wrist-worn enterprise. Nevertheless, Apple Watch nonetheless ranks first within the world smartwatch market.
Xiaomi got here in third with 20.5 million shipments. The launch of the brand new Xiaomi Band 9, the recognition of the Xiaomi Watch S, and good market response considerably elevated Xiaomi’s total wrist-worn market shipments. Samsung and BBK are the opposite manufacturers that made it onto IDC’s high 5 listing. The previous marked 11.5 million wearable shipments, whereas the latter shipped 7.Eight million wearables.
Samsung secured a good market share of 8.three p.c, grabbing 24.three p.c year-over-year development, whereas BBK had a 5.6 p.c market share and 25.9 p.c year-on-year development.
The survey discovered that China’s wrist-worn system market shipped 45.Eight million items, a year-on-year improve of 20.1 p.c. As the most important marketplace for wrist-worn system shipments, China led the worldwide development, whereas shipments in India and america noticed a decline.
