Apple Watch takes one-third of the smartwatch market

Smartwatches are very crazy and most useful to people nowadays. Whether you need a full standalone cellular watch so you can work out and leave your phone behind or a WiFi-only model with access to the huge ecosystems of apps and features, the smartwatch apple company is the most popular in the world today.

In terms of smartwatch OS platforms, Apple’s smartwatch OS has captured more than a third of the market with a growing attach rate to its base of a billion iPhone users. 

Counterpoint Research analysts are expecting some changes in the long term after Samsung and Google announced they are partnering on a new Wear OS platform.

Smartwatch apple features are amazing

The best Apple smart Watch is the latest apple smartwatch 6 series. Not only does the Apple Watch 6 benefit from Apple’s motion tracking sensors, FDA-approved ECG monitor, and an always-on display and dedicated App Store, but it’s the first Apple Watch with a blood oxygen reader. It can also be charged within just 90 minutes.

Coming to the smartwatch OS platforms, Research data shows that Apple’s smartwatch OS also led the segment compared to other platforms. Based on the new data, Apple’s smartwatch OS captured over a third of the market.

Notably, the report mentions that Google’s Wear OS has so far not expected such record growth in the smartwatch segment. The data further shows that Wear OS exists on less than 4 percent of smartwatches.

Apple watch takes over one-third of the smartwatch market

Apple was successful in solidifying its leading position in the smartwatch market by widening the portfolio from Watch SE to Series 6 at the right time. According to the figures, Apple took a 33.5% share of Q1, up to 30.3% in the same quarter of last year. Its closest competitor was Huawei, which saw its share fall to just only 8.4% and Samsung, which had a share of 8.0%.

India’s wearables market shifted from full demand for smart bands over the past few years to smartwatches in 2020. According to data from IDC, wristband sales declined 34.3% in 2020, while watches, which includes both smartwatches and regular watches, saw a massive 139.3% year-on-year growth in 2020, clocking a total of 2.9 million unit deliveries in the year. Apple’s market share in the smartwatch segment was pegged at 12.5%.

The global smartwatch shipments in the first quarter recorded a growth of 35% year-on-year, as per Research’s latest global smartwatch model tracker. Apple, yet again, remained as the top smartwatch vendor, and it has recorded a 50 percent year-on-year increase in the demand for the new Apple Watch Series 6 model.

Apple announced the Apple smartwatch Series 6 alongside the Apple Watch SE last year. Both Watches have a 30% faster processor than the previous model. Series 6 brings a blood-oxygen sensor, has an ECG dedicated app, and is a brighter Always-On display.

The newer version of hearing abilities are much better in managing the bigger audio usages, and improved aesthetic and design also made them the trendsetter.

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