As we’ve covered before, smartwatch sales are booming. Sales were up 51% in 2018 the U.S., and a global new report shows there are no signs of slowing down. According to Counterpoint, global smartwatch shipments grew a healthy rate of 48% year-on-year (YoY) in Q1 2019 driven by Apple, Samsung, Fitbit, and Huawei. The Apple Watch saw 49% YoY growth, driven by its latest Series 4 release, which doubled-down on health-related features like ECG, fall-detection, and other stuff.
According to Counterpoint, Apple has 35.8% market share worldwide as of Q1 2019, up slightly from 35.5% in 2018. Samsung was the closest competitor, with 11.1% of the market, up from 7.2% in 2018, thanks to 127% YoY growth. Turns out people like the latest Galaxy watch, with its extended battery life, traditional round face, and LTE connection capabilities. Fitbit sits at fourth with 5.5% of the global smartwatch market.Read More