Global Smartwatch Shipments Fluctuate and Rise
Global smartwatch shipments fluctuated and rose from 2016-2021, and with the gradual recovery of the epidemic in 2021, the global smartwatch shipments grew rapidly, exceeding 100 million pieces in the whole year, an increase of 28.31% from 2020.
Smart watches accounted for 77% of the shipments of wrist smart wearable devices
In the first quarter of 2022, the global wrist smart wearable devices*** counted 41.7 million shipments, of which smartwatch shipments reached 32 million, accounting for 77%.
Apple, Samsung and Huawei ranked among the top three
Apple, Samsung and Huawei ranked among the top three in the smartwatch market in the first quarter of 2022, with Apple topping the charts with 36.1% market share, and Samsung and Huawei's market rates at 10.1% and 7.2% respectively.
North America is the main place of smartwatch shipments
From the regional distribution of global smartwatch shipments, in the first quarter of 2022, North America, China, and Europe are still the most important place of shipments, accounting for 29%, 23% and 18% respectively.
Smart watch shipments in China fluctuate and grow
From the Chinese market, China's smart watch shipments fluctuated and grew in 2016-2021, and then briefly declined in 2020 due to the impact of the epidemic, and then resumed growth in 2021 with the resumption of shipments as the epidemic resumed. smart watch shipments in China in 2021 reached 29.56 million units, up 21.4% from 2020.
In summary, global smartwatch shipments fluctuated and rose in 2016-2021, and exceeded 100 million pieces in 2021. in the first quarter of 2022, smartwatches accounted for 77% of the shipments of wrist smart wearable devices. From the brand competition pattern, Apple, Samsung and Huawei ranked the top three. From the regional competition pattern, North America is the main shipment place of smartwatches. In terms of the Chinese market, smartwatch shipments in China reached 29.56 million units in 2021, representing an increase of 21.4% from 2020.
For more research and analysis of this industry, please refer to "China Smartwatch Market Outlook Forecast and Investment Strategy Planning Analysis Report" by Prospect Industry Research Institute.