The globalsmartwatch industry reportedly grew 20 percent globallyduring the first quarter of this year even as the larger consumer electronics industry struggled because of the pandemic and the accompanying lockdowns. According to Strategy Analytics, global smartwatch shipments reached 14 million units during the Jan-Mar quarter asApple continued to maintain its leadership position with 55 percent marketshare. Samsung held its second place, while Garmin rose to the third position, replacing fellow American wearables brand, Fitbit.
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