smartwatch market share 2020

Samsung increased its share by 1pp YoY, rebounding in the latter half of the year with the launch of its Galaxy 3 Watch. In general, the market grew by only 1.5% over the year. Just as the smartwatch market is booming, Apple is becoming the sole big player in the market. In a year where annual growth inched forward at only 1.5%, Apple maintained its solid number one position and increased its market share â¦ In fact DSCC says that there are five different OLED panel makers (BOE, SDC, LGD, EDO and Truly) that each has a market share over 10% in 2020. Apple continues to lead the global smartwatch market with 6% YoY growth. The company ranked fourth, behind Apple, Xiaomi, and Huawei, and captured a 9% share of the market. ReddIt. It accounted for 6% of smartwatch production during the Q4 of 2020. According to a new report from market analysis firm Canalys, Samsungâs share in the wearable band segment dropped from 10.6 percent in Q2 2019 to 5 percent in Q2 2020. The whole smartwatch market increased 36% in Q3 2020, to reach 41 million, and DSCC expects the growth to continue to reach 45 million in Q4 2020. The Apple Watch Series 6 and SE did well, shipping 12.9 million units and accounting for 40% market share in Q4 2020. Apple is the undisputed leader in the global market, with a 40% share last quarter. Apple is the Smartwatch Market Share leader with 48% share. Spread the loveTweetAccording to market data from Counterpoint Research, Apple shipped 12.9 million models of the Apple Watch Series 6 and Apple Watch SE in the fourth quarter of 2020. Apple, Huawei, and Samsung lead the global Smartwatch market in Q3 2020. After Apple's 40% share of the smartwatch market during Q4 2020, and Samsung's 10%, Huawei was third during the fourth quarter with an 8% slice of the smartwatch pie. Global Smartwatch Shipments Share, Q4 2019 vs. Q4 2020 In 2020, in general, Apple increased smartwatchesâ sales by 19% â to 33.9 million units. Analysis in Catg Sector report 2020-2023 discusses the primary market growth drivers and challenges that the vendors and the market as a whole face and provides an overview of the key trends emerging in the market. The GMI Research's latest analysis reveals that the Smartwatch Market is slated to register a significant CAGR over the forecast period. In the fourth quarter of 2020, global smartwatch shipments decreased slightly year-over-year, but Apple manage to expand its market share with the Apple Watch and âremains firmly at at the forefront,â according to new data from Counterpoint Research.. A year earlier, Appleâs share was 34%. Fitbit has continued to add more active users every year, even as its lost market share and revenue. Apple Watch dominates the smartwatch market in the third quarter of 2020. Executive Summary. IoT-driven smartwatches are a key trend that will not only operate as a standalone technology but interact with other IoT-devices to improve a user's quality of life vastly. Since this is the last quarter of the year, the report includes data for the year as a whole. The Smartwatch Market Size was $17B in 2019 and is expected to grow 34% in 2020. Smartwatch Industry. Linkedin. Among the top 5 brands, Huawei now placed in second place with 2.6 million units shipments, 15.2% of the total market shareâ¦ This global smartwatch market report provides an inclusive analysis on market size, share, trends, growth and forecast analysis report. As per our analysis, the global smartwatch market size was worth USD 48.44 Billion in 2020 and is predicted to reach USD 130.92 Billion by 2025, witnessing a CAGR of 18.32%. Facebook. Counterpoint Research analysts summed up the last quarter of 2020 in the smartwatch market. Smartwatch Antenna Market Global Production, Growth, Share, Demand and Applications Forecast to 2026 Market Study Report Published: 3 hours ago Business Product ID: 2078147 The latest research report on Smartwatch Antenna market delivers reliable and informative insights pertaining to the growth trajectory of this business space over the forecast period 2020 TO 2025. Demand for Samsung chronometers fell 1% to 9.1 million units. Apple, however, saw a 19% [â¦] In 2020, the global smartwatch shipments rose only 1.5% due to the COVID-19 pandemic with Apple, Samsung and Huawei driving the market, according to the latest report from Counterpoint Research. Analystsâ¦ As of the end of the fourth quarter of 2020, Apple-owned 40% of the market. The market saw an overall decline in smartwatch shipments compared to last year due to the ongoing global health crisis. Sean - Dec 10, 2020. Not bits for Fitbit, Fossil, et al. Apple Watch Sales on the Rise. Global smartwatch market was estimated to be valued at USD 702.5 million in 2013 and is expected to grow at a rate of 67.6% during forecasted period. Figure 2: Global Smartwatch Shipments, 2020 vs 2019 . By. Smartwatch market share by vendor worldwide 2014-2020 Apple Watch shipments worldwide 2017-2019 Worldwide unit shipments of smartwatch displays 2014-2018, by technology Smartwatch Market is expected to rise to an estimated value to grow with the healthy CAGR of 17.7% in the forecast period of 2019-2026. Smartwatches provide functionalities far beyond traditional watches which can be pared with smartphones either by Bluetooth or near-field communication (NFC). Apple Watch has maintained its lead in the global smartwatch market with a share of 55 percent in the first quarter of 2020, according to a report by research firm Strategy Analytics. As of now, Apple holds a 28% share in the smartwatch market, up from 26% in the same time period last year. Darlene Dooley â August 18, 2020 12:52 pm add comment. Global "Smartwatch Market" report 2020 include size, Share, Application, Types, Regions, and manufactures till forecast year. Garminâs share of the smartwatch market rose from 7 percent in Q1 2019 to 8 percent in Q1 2020. In North America, the South Korean firmâs market share halved in Q2 2020 compared to the previous year. What about Googleâs efforts in the smartwatch marketâ¦ A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report â¦ This success was attributed to the large sales from Apple Watch 6 and SE series. Over 2 million units were sold in 2013. IDC has published new data regarding the global smartwatch shipment for the first quarter of 2020, recording a total of 16.9 million units with a year on year decrease of 7.1%. The US tech giant has seen gathering an additional 6% market share in Q4 of 2020 compared to 2019âs Q4, making it stand with a 40% share. DSCC says that in Q3 2020 JDI and Tianma saw very large increase in shipments, while EDO's â¦ According to the latest data from market research firm IDC, Samsung shipped around 11.2 million wearables (fitness bands, smartwatches, and wireless earphones) during Q3 2020. Thus, Apple increased shipments from 28.4 million units in 2019 to 33.9 million units in 2020, increasing 19%. The Apple Watch Series 6 and SE did well, shipping 12.9 million units and accounting for 40% market share in Q4 2020. Huawei helped drive growth of the overall smartwatch market with shipments that grew 26% YoY â¦ Since this is the last quarter of the year, the report includes data for the year as a whole. The company shipped 12.9 million units of the Apple Watch Series 6 and Apple Watch SE, accounting for a 40% market share in Q4 2020. Like most market leaders, the company originally called the smartwatch a different product type, only to slowly realise many of its customers were happy to ditch a fitness tracker for a more feature-packed smartwatch. FRAMINGHAM, Mass., December 2, 2020 â The global wearables market grew 35.1% year over year during the third quarter of 2020 (3Q20) with total shipments reaching 125 million units according to new data from the International Data Corporation Worldwide Quarterly Wearable Device Tracker.The surge was driven by seasonality, new product launches, and the global pandemic. Huawei showed a 26% increase to 11.1 million. The "others" category made 31% â¦ Not all manufacturers have experienced the same negative factors. While Apple shipped 6.2 million Apple Watches in Q1 2019, the shipments increased to 7.6 million units in Q1 2020. Fitbit was next with a 7% share followed by BBK; the latter includes brands such as Oppo, Vivo, OnePlus, Realme and iQOO. Its market share has grown from 54 percent to 55 percent over the same period. According to a new report from market analysis firm Canalys, Samsungâs share in the wearable band segment dropped from 10.6 percent in Q2 2019 to 5 percent in Q2 2020. So, in the fourth quarter of 2020, the smartwatch market declined slightly on an annualized basis. Huawei, though, more than doubled its market share over the past year, managing to ship 2.1 million smartwatches in Q1 2020. Smartwatch Market Share, Size, Trends Analysis & Industry Forecast Report, 2020-2027. Samsung occupies another 10% of the industry, and Huawei closes the top three with approximately 8%. The smartwatch market had a shipment of 68.6 million unit shipment in 2020 and expected to reach 157.2 million by 2026 and grow at a CAGR of 14.5% over the forecast period (2021 - 2026). Counterpoint Research analysts summed up the last quarter of 2020 in the smartwatch market. Twitter. Global Smartwatch Market is Segmented By ProductType (Companion Smartwatch, Standalone Smartwatch, Classic Smartwatch), By Operation Type (Watch OS, Fit bit OS, Android Wear, Linux, Ubuntu Touch, Tizen, and others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) â Share, Size, Outlook, and Opportunity Analysis, 2020-2027 Smartwatch Market Size, Share 2020: Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024| Says Market Reports World. In North America, the South Korean firmâs market share halved in Q2 2020 compared to the previous year. Samsung, on the other hand, increased its share by one percent while other major players like Huawei and Fitbit either lost market share or experienced no growth compared to Q4 2019. âThe Apple Watch Series 6 and SE did well, shipping 12.9 million units and accounting for 40% market share in Q4 2020,â reads the report. According to new data via Counterpoint Research, the Apple Watch accounted for an estimated 51.4% of global smartwatch market revenue during the first two quarters of 2020. So, in the fourth quarter of 2020, the smartwatch market declined slightly on â¦ The global smartwatch market â¦