Despite the worldwide impact of the COVID-19 pandemic, global smartwatch deliveries continued to grow during the first three months of the year, pushed by online sales, says a new report by analysis firm Strategy Analytics.
Deliveries grew 20% yearly to reach 13.7 million units in q1 of 2020, up from 11.4 million models in the earlier quarter. Apple Watch stayed in the high place, with 55% global market share, followed in second place by Samsung. Garmin rose to 3rd place.
In Q1 of 2020, 7.6 million Apple Watches shipped a 23% increase from the 6.2 million shipped during the identical period one 12 months ago. Apple Watch’s market share developed from 54% to 55%.
Samsung delivered 1.9 million smartwatches, in comparison with 1.7 million final 12 months, whereas its market share went down from 15% to 14%. Waltzer writes that the coronavirus lockdown slowed Samsung’s smartwatch progress in South Korea and new competitors from rivals like Garmin.
Garmin took the 3rd place for the first time in two years, transport 1.1 million smartwatches within the first quarter, a 38% enhance from 800,000 a year ago. This grew Garmin’s share of the worldwide smartwatch market from 7% to eight%, thanks to new models like the Venu with OLED color touchscreen.
Technique Analytics expects world smartwatch shipments to slow within the second quarter of 2020 due to the pandemic. However, recuperate throughout the second half of the 12 months, as shops reopen and a few shoppers flip to smartwatches to assist them in monitoring their health