Counterpoint Analysis has printed its smartwatch market knowledge for the primary half of 2020. The info exhibits the market posted a constructive development at a time when the COVID 19 pandemic crippled companies globally. The expansion might doubtless be linked to the growing wants amongst people to maintain match.
Apple maintained its lead of the market with cargo figures which might be sky excessive above these of its rivals. The US firm’s income accounted for greater than half of the market’s international revenues between January and June 2020, up from 43.2 p.c in the identical interval of final 12 months.
The Cupertino-based tech large additionally impressively managed to spice up its cargo volumes by 22 p.c year-on-year even because the trade, on the entire, was “flat” from this explicit standpoint as a result of coronavirus pandemic. For what it’s price, COVID-19 couldn’t cease the market from bettering its income haul, which implies worldwide common promoting costs had been truly on the rise throughout H1 2020.
Garmin emerged because the second highest-grossing model in H1 2020, due to “one of many broadest portfolios of smartwatches in the market.” Huawei is pushed to the third spot whereas Sasung is on the fourth place. Imoo takes the fifth spot and Amazfit sits on the sixth place. Fitbit is on the seventh place and Fossil at eighth spot.
By way of the best-selling smartwatch rating, the Apple Watch Collection 5 emerged because the best-selling smartwatch mannequin, adopted by the older Apple Watch Collection 3. Huawei Watch GT 2 which was launched final 12 months clinches the third spot whereas the 2019 Galaxy Watch Lively 2 variant sits at quantity four spot. The highest-5 chart is accomplished by a comparatively unpopular, or so we thought, mannequin – Imoo Z3 4G.
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