It is one of the most popular connected wearable devices. The top nine Smartwatch Industry brands account for 75% of the market. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. The smartwatch market had a shipment of 68.6 million unit shipment in 2020 and expected to reach 157.2 million by 2026 and grow at a CAGR of 14.5% over the forecast period (2021 - 2026). Yahoo is part of Verizon Media. The global smartwatch market is experiencing what one analyst called "impressive" growth. Most smartwatches have a display, similar to that of a smartphone, with a touchscreen user interface. Based on Application, the market is segmented into personal assistance, healthcare/wellness, sports, and others … You can find reports covering these industries on T4âs Platform. The smartwatch market in 2019 is mainly the Apple Watch, with everyone else competing for scraps.While Apple’s popular wearable grew in market share year-over-year, the biggest player in … Samsung shipped 1.9 million smartwatches in Q3 2019 and the company is expected to improve its market share in Q4 following the recent launch of the Galaxy Watch Active 2. Apple is followed by Samsung, whose global smartwatch market share increased from approximately 12 to 14 percent. The chart above shows the Global Smartwatch Market Share by unit shipments in 2018. The chart shows Smartwatch Market Share in 2018 for smartwatch shipments. Many smartwatches are paired with a smartphone app that lets the user manage the smartwatch and monitor information such as activity and biometrics. T4 has aggregated and organized the data from these sources on the T4 Industry Research Platform. We also have a detailed smartwatch shipments model tracker available for subscribing clients: *Data on this page is updated every quarter. Smartwatch shipments jumped a very healthy 48 percent year over year in the first quarter of 2019, according to a new Counterpoint research note. Smartwatch functionality resembles smartphones, including smartwatch mobile apps, a mobile operating system and connectivity through networks such as WiFi and Bluetooth. Share to Facebook ; Share to Twitter ... smartwatch market since the original Pebble hit the market in 2013. Pune , India - May 24, 2019 /MarketersMedia/ — Global Smartwatch Industry. This includes Smartwatch Market Size by both revenues and unit shipments, Smartwatch Market Share by vendor, regional smartwatch sales, Smartwatch trends by type of Smartwatch OS, Adoption trends for smart wearables across regions, regional Smartwatch price analysis, as well as more than 10 additional market statistics that demonstrate Smartwatch trends. Popular smartwatch manufacturers include Apple with its flagship Apple Watch Series, Fitbit (including Fitbit Charge, Fitbit Versa, Fitbit Inspire, and others), Samsung (including Samsung Galaxy Watch and Samsung Galaxy Fit), and Garmin (including Garmin Forerunner and Garmin Venu). By: Ramon T. Llamas Research Director, Mobile Devices and AR/VR. A Smartwatch (or smart watch) is a computer built into a traditional watch that often contains additional sensors to measure activity. Share TECH SUPPLIER Apr 2020 - Market Share - Doc # US46182920 U.S. Smartwatch Market Shares, 2019: Apple Accounts for 60%. You can change your choices at any time by visiting Your privacy controls. Smartwatch Market 2021 Global Industry research report contemplates most recent Smartwatch industry perspectives showcase size, share, patterns, development, business outline and … Smartwatch penetration of the total U.S. population was 16%, up from 12% in 2017. This IDC study examines the market shares of the major vendors in the U.S. smartwatch market in 2019. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. And Apple is still leading the way, by a wide margin. Counterpoint Research estimated that smartwatch shipments jumped by … Several additional features include the ability to pair smartwatch functionality with Android and iOS smartphones, place phone calls, play media such as music or videos, and location tracking. Smartwatch market share by vendor worldwide 2014-2020 Fitbit - number of active users 2012-2019 Quarterly wearable band shipments in North America 2018-2020, by vendor Millennials have largely been behind this technology's strong adoption, since smartwatches, fitness devices, and other similar devices cater to both their health conscious goals as well as the âalways connectedâ needs of this group. T4 comprehensively aggregated more than 20 reports from more than10 publishers covering statistics and trends in the Smartwatch Industry. The whole market expanded by 44% year-over-year - total shipments grew from 8.6 million in Q2 2018 to 12.3 million in Q2 2019. To get more insights on Apple, Samsung, Fitbit, country-specific and global Smartwatch Market Share, Smartwatch shipments, Smartwatch Market Size and what is driving the Smartwatch Industry technology growth, you can visit T4âs Market Research platform here. Apple with its Apple Watch is the clear Smartwatch Market Share leader with 48% of the 2018 global Smartwatch market, followed by Fitbit with 12% share and Samsung with 11% share. Fitbit struggled, as its new Versa Lite model flopped. New Study On “2019-2022 Smartwatch Market Global Key Player, Demand, Growth, Opportunities and Analysis Forecast” Added to Wise Guy Reports Database. Smartwatch Market 2019-2023: Vendor Analysis. Find out more about how we use your information in our Privacy Policy and Cookie Policy. Smartwatch market share by vendor worldwide 2014-2020 Published by Statista Research Department, Jan 22, 2021 Apple held the largest share of the global smartwatch shipment market in … This helped bring some much-needed attention to the smartwatch category from telcos and more importantly, it has helped with consumer acceptance. Get more information on this report : Request Sa… As smartwatch technology advances, their computational and sensor capabilities increase. "Expect to see a big boost in penetration among older segments as newer health-focused devices such as the Apple Watch Series 4 continue to take hold," it concluded in its Smartwatch Market … Global smartwatch shipments Q2 2019 (m units) Shipments Today, with Smartwatches providing many of the functionalities of smartphones, along with health and fitness data, smartwatches have become more than a trendy piece of Smart wearable. According to new research from our Wearable Device Ecosystems (WDE) service, global smartwatch shipments grew an impressive +42% YoY to reach 14 million units in the third quarter of 2019. Apple market share in the Smartwatch market, with it's Apple Watch product, was 50% in 2018. This website uses cookies to ensure you get the best experience on our website. The Apple Watch is the smartwatch market leader with the most shipments and dollar sales. ... with larger exchanges taking a growing share of the overall volumes, data showed on Friday. The Apple Watch Series 6 and SE did well, shipping 12.9 million units and accounting for 40% market share in Q4 2020. Now we’re looking at a much larger market… Market leaders dominate sales, with the top three brands representing 88 percent of unit share Port Washington, NY, February 12, 2019 – U.S. smartwatch sales experienced strong growth in the 12 months ending November 2018 compared to the same timeframe a year prior, according to The NPD Group's new Smartwatch Total Market Report. Our extensive report tracks global smartwatch shipments and marketshare by vendor by six regions from 2013 to Q2 2019. Exhibit 1: Global Smartwatch Shipment Revenue Share % in H1 2020 vs H1 2019. For Q3 2019 global smartwatch shipments grew an impressive 42 percent annually to reach 14 million units. In second place is Samsung, whose global smartwatch market share grew from 11 per cent to 13 per cent. There is an overall consensus that the Smartwatch industry will continue to see strong growth and lead the consumer IoT wearables market. Extension smartwatch is followed by hybrid smartwatch and standalone smartwatch holding the market share of 30% and 12.68% respectively in 2019. The top nine Smartwatch Industry brands account for 75% of the market. The U.S. Smartwatch market had accounted for the leading share globally and predicted the same to be continuing throughout the forecast period. The global smartwatch market was valued at $20.64 billion in 2019, and is projected to reach $96.31 billion by 2027, registering a CAGR of 19.6% from 2020 to 2027.The study of smartwatch in this report emphasizes on various products, operating systems, and corresponding applications.
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