Apple Retains Lead as Global Smartwatch Market Grows 20% in H1, 2020
Aug. 21, 2020India was one of the leading growth drivers in H1, with wearables shipments up 57%over the same period last year. Europe registered 9% YoY growth, while the US market grew 5% YoY during the same period. The regions most affected by the pandemic“saw a healthy growth in smartwatch shipments which offset the decline in other markets”, said senior Counterpoint analyst, Sujeong Lim.
In spite of itstroubles in the global market, Huawei did pretty well during the first half of the year, registering a 57% growth over the same period last year and jumping to the second spot globally in terms of volume. The company benefited from healthy demand for itsWatch GT2 seriesin China and the rest of Asia.
Garmin, meanwhile, retained its runner-up position in terms of revenues, increasing its sales 31% YoY backed by strong demand for itsForerunnerandFenixlineups. Amazfit (+51% YoY) and Xiaomi (+47% YoY) also made massive strides, while Samsung faced some headwinds, what with itsnewly-unveiled Galaxy Watch 3only recently being available for sale.
Passionate techie. Professional tech writer. Proud geek.
