A new report from the Canalys it reveals a number of trends in the growth rate of the global smartwatch market. Global smartwatch shipments grew by 12% y-o-y in Q1 of this year, in spite of the spread of the COVID-19 and interfere with all aspects of the production, the logistics, and it is quantity.
The Apple comes up on the first day of the market, with 5.2 million shipments of the various Apple Watch models. Did see a 13% reduction in shipments during the same number of people as last year. Huawei is in second place with 2.1 million units shipped, with 113% growth y-o-y. Samsung is in third with 1.8 million units sold, compared with 1.2 million in Q1 of 2019. Garmin, and Fitbit, to rank fourth and fifth, respectively. The Garmin was up 24% y-o-y, while the Track was down 21% on an Annual basis.
During the first quarter of this year in North America, which account for less than one-third of smartwatch shipments will for the first time. Demand for the Apple Watch has been steadily growing in overseas markets, while sales have slowed in the US and Europe. Canalys this to-North-America focus on the AirPods, as over the past holiday season’s must-have Apple accessory. The growth is outside of North America can be attributed to the carrier’s special offers in South-east Asia, Latin america and north America. In the meantime, Huawei has offered a promotion of the Huawei P-40 in China.
China saw the highest growth in smartwatch shipments by 66%. Cellular-enabled smartwatch from Apple, and Xiaomi made up the majority of China’s smartwatch, and this can be attributed in part to China’s growth rate in sales. Looking forward to the rest of the 2020’s, China will continue to grow in the smartwatch sales by local brands such as Xiaomi, Huawei and Oppo.