Apple retains lead in global smartwatch market, but cracks are growing
- Global smartwatch sales fell for the first time in 2024, with 7% fewer devices shipped compared to 2023, according to Counterpoint.
- Apple's shipments dropped by 19% in 2024, leading to a market share decline from 25% to 22%, as reported by Counterpoint.
- Chinese brands like Xiaomi and Huawei increased their market presence, with Xiaomi's shipments rising by 135% in 2024, as stated by Counterpoint.
- The decline was attributed to limited new features in Apple's devices, as per Anshika Jain from Counterpoint.
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Total News Sources29
Leaning Left1Leaning Right0Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
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