Counterpoint: Global smartwatch market continues to decline in Q1 2025 | Infinium-tech
It doesn’t look great for the smartwatch industry as analysts competition The fifth consecutive quarter has been recorded with a year-on-year slip. However, China is experiencing an increase in smartwatch shipment, with an increase of 37% year-on-year.
Experts indicate two major causes of global smartwatch market. The first Apple Smartwatch is a sale of sales, with India’s once an important and frequent recession in the booming smartwatch market.
Nevertheless, Apple retains the top position with a 20% global stock, while the shipment declines by 9%. After Apple is Huawei, which increased by 53%, and so Xiaomi, from 6% to 10% last year, recorded an increase of 53% similar to Huawei. Samsung lost about 23% of its market share, which fell from 9% to 7% of the global stock.
Consumer preferences are seeing notable changes because people are looking for more expensive and convenient-rich equipment. The $ 100-$ 200 segment experienced a 21% increase, while the sub-$ 100 category saw a fall of 17% in shipment.
Further, Counterpoint believes that the smartwatch market will see a slight increase in sales with an increase of about 3% by the end of 2025.
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