Short: Smartwatch’s global shipment declined by seven percent in 2024, marking the first annual fall for the Wearbals category. Apple maintained his position as a leading manufacturer, but sent 19 percent less equipment than a year ago.
According to counterpoint senior research analyst Ansika Jain, Apple Watch experienced a decline in its 10th year in its 10th year, upgrading the minimum feature in the series 10 lineups, an ultra 3 model deficiency, and the fact that a new SE model has not been introduced since 2022. Most Apple Apple has been passed on an ultra 3. This year is expected by a third-jewelery Apple Watch SE for some time.
Another contribution factor that slowed down the smartwatch shipment in 2024, Jain said, there was a patent dispute. Earlier this week, Apple received an appeal court with this in a patent dispute against the medical device manufacturer Alivecor.
Apple captured 22 percent of the smartwatch market last year, followed by Huawei 13 percent stake. Samsung was responsible for nine percent of all the smartwatches sent in 2024, Ziaomi caught eight percent, and Emu measured six percent. All other manufacturers combined to create the remaining 42 percent market.
Despite the recession, smartwatches are receiving traction worldwide. One of the four models sent last year went to China, which narrowed 23 percent of India for the first place. North American lagged slightly behind with a 22 percent stake, followed by Europe at 15 percent.
The most recent smartwatch shipment of the data counterpoint comes from the tracker.
Research analyst Balbir Singh said that the children’s smartwatch segment, which was the only category to experience development last year, is gaining traction as the parents concerned are concerned about the safety of their children. A connected smartwatch, such as specializes in EMO, allows them to continuously track their location.
Given the success of the Kid-centered smartwatch, it is no surprise that other brands including fitbit, boat and noise are expanding their product lines to include equipment for children.
Image Credit: Daniel Romero
