Huawei leads global wearables market, Apple is only third | Infinium-tech

According to a new report by IDC China, Huawei led the Global Wearbals Market in the first quarter of this year (January to March), with 10 million shipments, took 21.9% market share. This represents an increase of 42.4% compared to the year-long quarter, when it sent 7 million units and was 17% of the market.

This is followed by Xiaomi 8.7 million with shipments and 19% pie. Xiaomi recorded an increase of 42.6% of the largest year-by-year growth as it had 6.1 million shipments and 14.7% market share last year.

Apple ranks third with only 7 million shipments and 15.5% market share. It rose 37.2% from 5.1 million shipments’ Q1 2024 performance and 12.5% ​​market share.

Samsung ranks fourth with 3.4 million shipments and 7.5% pie, and its sales declined by 5.7% than the year-old quarter when it manages 3.6 million shipments for market share 8.8%.

The top five is scoring 2.1 million shipments and 4.7% market share with garmin, which is growing 29.5% year-on-year from 1.6 million shipments and 4% market share.

In Q1 this year, 45.6 million units were sent to the market, out of which 34.81 million units were smartwatch and 10.76 million smart bands. Overall, the market Q1 is 41.2 million to 10.5% in 2024.

Of the 45.6 million units, 17.62 million represent the Chinese market alone, which increased from 37.6% year-on-year. China’s Smartwatch Market sent an 11.4 million units, 25.3% year-on-year, and 6.21 million units in its smart band market with an increase of 67.9%.

All this growth in China is operated by the Chinese government by the National Subsidy Scheme, and it will continue to promote the growth in the country’s wrist market, the IDC predicted that the number 2025 will be 36.9% more than 2024 throughout the year.

Source (In sugar)