The smartwatch market grew well in the first quarter of 2022

According to the latest report of Counterpoint Research, the smartwatch market in the first quarter of this year (January - March 2022) saw a 13% increase in market supply These products have been. In this regard, the analysis of wearable gadget market statistics shows that three companies, Apple, Samsung and Xiaomi, have experienced good growth in the market of these products, despite a 24% decrease in sales in the holiday quarter.

BingMag.com The smartwatch market grew well in the first quarter of 2022

According to the latest report of Counterpoint Research, the smartwatch market in the first quarter of this year (January - March 2022) saw a 13% increase in market supply These products have been. In this regard, the analysis of wearable gadget market statistics shows that three companies, Apple, Samsung and Xiaomi, have experienced good growth in the market of these products, despite a 24% decrease in sales in the holiday quarter.

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"Sujong Lim," a Counterpoint researcher, explains that brand loyalty is the main reason for Apple's success, which is its overall market share. It has also increased its annual sales by 14%. He also believes that weaker international positions are a factor that puts Huawei at the top of the list. Users usually attach great importance to Google Mobile Services (GMS) in the smart product market. GMS includes a number of very useful applications that most users always use. Examples include the Play Store, Google Assistant, Google Maps, Gmail, YouTube, and more.

BingMag.com The smartwatch market grew well in the first quarter of 2022

But Huawei is unable to use Google's mobile services due to US sanctions on its products, including smartwatches, and for this and other reasons, fewer users turn to the company's wearable gadgets. However, the Chinese company experienced good performance in the domestic market and managed to increase the supply rate to its smartwatch market. Most key regions and markets have grown in terms of market supply rates, with only European markets remaining stable.

As you know, the region's market is affected by the Ukraine war and the resulting logistical constraints. Is located. The impact of this category is even expected to be greater in the second quarter of this year than before. In another part of this report, Garmin's progress in the area of wearable gadgets above $ 500 is mentioned. The American company Fitbit has also experienced a sharp decline in the market rate of its products. This is because Fitbit has not launched any new products since its acquisition by Google, and its previous products do not run the Wear OS.

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Overall, it seems that Apple's uniqueness in the smartwatch market will not end any time soon. The American technology giant, which was able to attract the attention of many smartwatch users with the release of the Apple Watch 7 Series, now intends to continue its good trend with the introduction of its next series of smartwatches, the Apple Watch 8 Series. According to a report released by VNChoCotaco, Apple plans to make significant changes to the design of the Apple Watch 8 Series. Glass is used for the new generation of Apple Watch. There seems to be a very high probability that the Apple Watch Series 8 will be available with a glass screen protector. However, no information has been released so far. It is said that the Apple Watch Series 8 will be available to users with new health features including sleep, drug management and women's health.

BingMag.com The smartwatch market grew well in the first quarter of 2022/p>

Apple's most serious competitor, Samsung, which is in the second place in the smartwatch market, intends to introduce its Galaxy Watch 5 Pro to Apple. The Galaxy Watch 5 Pro, which is supposed to be Samsung's premium flagship in the 2022 smartwatch segment, will have very good and attractive features. According to Ice Universe, Samsung wants to use a titanium body in the production of this product. Aluminum and stainless steel, respectively, have been used to make the classic Galaxy Watch 4 and Watch 4, respectively.

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Source: GS >

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