Canalys: Smart wearables shipments grew in Q2 2021 thanks to smartwatches


The global smart wearable market has been growing for many consecutive quarters now but there’s a noticeable shift in the smart bands/smartwatches dynamic that started in Q4 2020 when smartwatches became the main driving factor for growth.

The overall shipments grew 5.6% year on year in Q2 2021 while the basic bands’ sales fell 23.8%. The decline was offset by the full-fledged smartwatches as they grew an impressive 37.9% year-over-year and now account for 62% of the global sales.

Canalys: Smart wearables shipments grow in Q2 2021 thanks to smartwatches

In the wristwatch segment, Apple is still leading the pack with a massive 31.1% market share and grew 29.4% year-on-year. Huawei and Garmin follow suit with 9% and 7.6%, respectively.

Canalys: Smart wearables shipments grow in Q2 2021 thanks to smartwatches

However, when taking the total number of smart wearables into account, Xiaomi takes the lead mostly thanks to its popular Mi Band 6 and the expanded availability worldwide. It overtakes Apple with 19.6% market share, recording 2.6% year-on-year growth. Apple is a close second with 19.3% share and a substantial 29.4% growth compared to Q2 2020. Huawei takes third place with 53.9% decline as its home Chinese market keeps the company afloat.

Source



Source link

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *