Apple Still Dominates Smartwatch Segment; Samsung Gains on Huawei
Apple maintained its share lead in the smartwatch segment in Q1, at 28.9%, on shipments of 9.2 million, up from 7.6 million in the year-ago quarter, said Canalys Wednesday. Samsung gained on Huawei with 53% growth on 3.4 million shipments,…
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for 10.5% share vs. Huawei’s 10.6%, it said. Garmin’s shipments dropped by 100,000 to 1.6 million in the quarter. Though rising inflation is expected to dampen discretionary consumer spending in 2022, smartwatches are “tools that many users have grown dependent on to keep them healthy and informed, and it will remain a category with growth potential in 2022,” said analyst Cynthia Chen.