Apple Watch has maintained its management by way of international smartwatch shipments within the third quarter of 2021, as per the newest report by market analysis agency Counterpoint. Nonetheless, the Cupertino firm noticed its smartwatch market lead shrinking a bit as Samsung acquired a lift from the Galaxy Watch 4. The worldwide smartwatch shipments in the identical interval surged 16 % in comparison with the identical interval final yr, states the report. Whereas Apple acquired the lion’s share of the worldwide smartwatch shipments, Samsung secured the second spot adopted by Amazfit, Imoo, and Huawei within the high 5 positions. Indian manufacturers like Noise and Boat additionally posted exceptional development of their quarterly smartwatch shipments, Counterpoint famous.
Counterpoint Analysis in its World Smartwatch Mannequin Tracker report said that the worldwide smartwatch shipments within the third quarter of 2021 continued their double-digit development following the earlier quarter. Apple maintained its lead by way of shipments however its market share has declined to 21.eight % from 28 % reported in the identical quarter final yr. The important thing motive behind the decline is alleged to be the delay in Apple Watch Series 7 launch.
Samsung, with the recognition of the Galaxy Watch 4 collection, is the most important mover in quarter three reveals Counterpoint information. The South Korean model has taken again the second place from Huawei, Samsung’s new Galaxy Four Collection runs Wear OS as a substitute of Tizen OS, because of a brand new partnership between Google and Samsung. This partnership has helped Samsung regain the second spot from 9.9 % in Q3 2020 to 14.Four % in Q3 2021.
“Samsung carried out higher than anticipated within the third quarter. Though the Galaxy Watch Four collection shipments had been a lot greater than anticipated, greater than 60 % of the full shipments had been offered in North America and Europe, the place the share of mid-to-high worth vary fashions is excessive”, mentioned Counterpoint Analysis senior analyst Sujeong Lim about Samsung’s development within the area.
Amazfit secured the third spot with its rising recognition in Europe. It managed to develop its market share to five.eight % in Q3 2021, from 5.Four % in Q3 2020.
Huawei noticed an additional decline in market share because it went from 13.6 % in Q3 2020 to five % in Q3 2021. Imoo, owned by BBK Electronics, additionally noticed a small decline from 6.6 % to five.eight % YoY market share in Q3 2021.