Smartwatch Industry growth and smartwatch shipments are soaring, as consumers increasingly seek to accessorize their smartphones. Therefore, estimates for the Smartwatch Market Share, Market size and Unit shipments are generally within the same ballpark across most publishers. Get more information on this report : Request Sa… … Though Apple’s shipments fell 13%, its smartwatch platform remains the world’s largest and is growing steadily. Apple is the clear Smartwatch Market Share leader with 48% of the 2018 global Smartwatch market, followed by Fitbit with 12% share and Samsung with 11% share. The U.S. Smartwatch market had accounted for the leading share globally and predicted the same to be continuing throughout the forecast period. The chart shows Smartwatch Market Share in 2018 for smartwatch shipments. Based on Application, the market is segmented into personal assistance, healthcare/wellness, sports, and others … Smartwatch market share by vendor worldwide 2014-2020 Published by Statista Research Department, Jan 22, 2021 Apple held the largest share of the global smartwatch shipment market in … T4 comprehensively aggregated more than 20 reports from more than10 publishers covering statistics and trends in the Smartwatch Industry. Different operating systems such as watchOS, Android, Linux, and others are available in the market. Apple market share in the Smartwatch market, with it's Apple Watch product, was 50% in 2018. Our extensive report tracks global smartwatch shipments and marketshare by vendor by six regions from 2013 to Q2 2019. Despite steady growth in the overall smartwatch market, Apple's market share dropped to 43.35 percent during Q2 and Q3 of 2018 -- its lowest point … Smartwatch functionality resembles smartphones, including smartwatch mobile apps, a mobile operating system and connectivity through networks such as WiFi and Bluetooth. The chart above shows the Smartwatch Market Share by unit shipments in 2018. As smartwatch technology advances, their computational and sensor capabilities increase. The top nine Smartwatch Industry brands account for 75% of the market. Smartwatch penetration of the total U.S. population was 16%, up from 12% in 2017. Several additional features include the ability to pair smartwatch functionality with Android and iOS smartphones, place phone calls, play media such as music or videos, and location tracking. The Apple Watch continues to lead global smartwatch shipments, according to a new report from Counterpoint Research. The smartwatch market has growth 42% in the last quarter over the same period last year, with shipments in Q3 2019 for all vendors hitting 14.2 million units, up from 10 million in Q3 2018. Extension smartwatch is followed by hybrid smartwatch and standalone smartwatch holding the market share of 30% and 12.68% respectively in 2019. And Apple is still leading the way, by a wide margin. Find out more about how we use your information in our Privacy Policy and Cookie Policy. Today, with Smartwatches providing many of the functionalities of smartphones, along with health and fitness data, smartwatches have become more than a trendy piece of Smart wearable. The global smartwatch market was valued at $20.64 billion in 2019, and is projected to reach $96.31 billion by 2027, registering a CAGR of 19.6% from 2020 to 2027.The study of smartwatch in this report emphasizes on various products, operating systems, and corresponding applications. The Global Smartwatch Market is concentrated among a few vendors. T4 has aggregated and organized the data from these sources on the T4 Industry Research Platform. The Smartwatch Market Size was $17B in 2019 and is expected to grow 34% in 2020. Apple with its Apple Watch is the clear Smartwatch Market Share leader with 48% of the 2018 global Smartwatch market, followed by Fitbit with 12% share and Samsung with 11% share. Apple Watch maintained first position with 48 percent global smartwatch marketshare, while Samsung held second place, and Fitbit clung on to third. Share This Press Release. The whole market expanded by 44% year-over-year - total shipments grew from 8.6 million in Q2 2018 to 12.3 million in Q2 2019. And the reason for that is simpler than you think. In second place is Samsung, whose global smartwatch market share grew from 11 per cent to 13 per cent. Industries related to the T4 taxonomy include IoT Wearables, IoT Health and Fitness Devices, IoT Hearables, and many others. Smartwatch Market 2019-2023: Vendor Analysis. Smartwatch shipments jumped a very healthy 48 percent year over year in the first quarter of 2019, according to a new Counterpoint research note. "Expect to see a big boost in penetration among older segments as newer health-focused devices such as the Apple Watch Series 4 continue to take hold," it concluded in its Smartwatch Market … Smartwatch shipments have continued to quickly increase and smartwatches are the most popular Smart wearable device today, and are expected to account for almost 45% of all Smart Wearables shipped by the end of 2022. For Q3 2019 global smartwatch shipments grew an impressive 42 percent annually to reach 14 million units. The chart above shows the Global Smartwatch Market Share by unit shipments in 2018. We also have a detailed smartwatch shipments model tracker available for subscribing clients: *Data on this page is updated every quarter. Apple Watch and Samsung posted a solid quarter and lifted the entire segment. Share to Facebook ; Share to Twitter ... smartwatch market since the original Pebble hit the market in 2013. Smartwatch Market 2021 Global Industry research report contemplates most recent Smartwatch industry perspectives showcase size, share, patterns, development, business outline and … Smartwatch market share by vendor worldwide 2014-2020 Fitbit - number of active users 2012-2019 Quarterly wearable band shipments in North America 2018-2020, by vendor The top nine Smartwatch Industry brands account for 75% of the market. Popular smartwatch manufacturers include Apple with its flagship Apple Watch Series, Fitbit (including Fitbit Charge, Fitbit Versa, Fitbit Inspire, and others), Samsung (including Samsung Galaxy Watch and Samsung Galaxy Fit), and Garmin (including Garmin Forerunner and Garmin Venu). You can find reports covering these industries on T4’s Platform. This IDC study examines the market shares of the major vendors in the U.S. smartwatch market in 2019. ... with larger exchanges taking a growing share of the overall volumes, data showed on Friday. Apple is followed by Samsung, whose global smartwatch market share increased from approximately 12 to 14 percent. Global Smartwatch Shipments Share, Q4 2019 vs. Q4 2020 The smartwatch market is still growing at a breakneck pace several years in. Global smartwatch shipments rose an impressive +44% YoY in Q2 2019. Many smartwatches are paired with a smartphone app that lets the user manage the smartwatch and monitor information such as activity and biometrics. Pune , India - May 24, 2019 /MarketersMedia/ — Global Smartwatch Industry. Most smartwatches have a display, similar to that of a smartphone, with a touchscreen user interface. Apple and the Apple Watch accelerated growth in the market for smartwatches by opening the market to new consumers and disrupting traditional innovators like Fitbit and Pebble. Apple shipped 12.9 million smartwatches in Q4 2020 and maintained 40 percent of the market share, a slight increase from the previous year. The Apple Watch Series 6 and SE did well, shipping 12.9 million units and accounting for 40% market share in Q4 2020. New Study On “2019-2022 Smartwatch Market Global Key Player, Demand, Growth, Opportunities and Analysis Forecast” Added to Wise Guy Reports Database. Counterpoint Research estimated that smartwatch shipments jumped by … Samsung shipped 1.9 million smartwatches in Q3 2019 and the company is expected to improve its market share in Q4 following the recent launch of the Galaxy Watch Active 2. Canalys: Worldwide smartwatch shipments grew 12% in Q1 2020 despite coronavirus Worldwide smartwatch shipments reached 14.3 million units in Q1 2020, up 12% year on year, despite COVID-19. Apple is the Smartwatch Market Share leader with 48% share. There is an overall consensus that the Smartwatch industry will continue to see strong growth and lead the consumer IoT wearables market. That figure is sure to rise, NPD says. Companies such as Apple, Xiaomi, Fitbit, Garmin, and Samsung were occupied the majority of the global smartwatch market share in 2019. By: Ramon T. Llamas Research Director, Mobile Devices and AR/VR. Global smartwatch shipments Q2 2019 (m units) Shipments This helped bring some much-needed attention to the smartwatch category from telcos and more importantly, it has helped with consumer acceptance. Millennials have largely been behind this technology's strong adoption, since smartwatches, fitness devices, and other similar devices cater to both their health conscious goals as well as the ‘always connected’ needs of this group. Market leaders dominate sales, with the top three brands representing 88 percent of unit share Port Washington, NY, February 12, 2019 – U.S. smartwatch sales experienced strong growth in the 12 months ending November 2018 compared to the same timeframe a year prior, according to The NPD Group's new Smartwatch Total Market Report. Research firms usually track the unit shipment of smartwatches as part of the overall Smart Wearable quarterly market trackers. The Apple Watch is the smartwatch market leader with the most shipments and dollar sales. For more insights on the market share of various regions Request for a FREE sample now! To get more insights on Smartwatch Market Share, Smartwatch Market Size and what is driving the Smartwatch Industry technology growth, you can visit T4’s Market Research platform here. It is one of the most popular connected wearable devices. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. Now we’re looking at a much larger market… See each source’s view of the Smartwatch Market Size, Smartwatch Market Share, and Smartwatch Growth on the T4 Platform. According to new research from our Wearable Device Ecosystems (WDE) service, global smartwatch shipments grew an impressive +42% YoY to reach 14 million units in the third quarter of 2019.
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