• International smartwatch shipments saw a 2% YoY decline in Q1 2025, largely impacted by market deceleration in India and shrinking Apple volumes.
• China’s strong performance, driven by Huawei, Imoo and Xiaomi, along with steady growth in the kids’ smartwatch category, helped cushion the overall decline.
• The market is projected to rebound in 2025 with 3% growth, supported by the expanding adoption of advanced smartwatches and new product launches.

Seoul, Beijing, Buenos Aires, Fort Collins, Hong Kong, London, New Delhi, Taipei, Tokyo – July 3, 2025

Global smartwatch shipments declined by 2% YoY in the first quarter of 2025, marking their fifth consecutive quarter of YoY decline, according to Counterpoint Research’s Global Smartwatch Shipments Tracker, Q1 2025. The persistent deceleration of India’s once-surging smartwatch market, combined with shrinking Apple smartwatch volumes, was the primary driver behind the global market’s decline. In contrast, China emerged as a strong performer, registering a remarkable 37% YoY growth in shipments. This pushed China’s global market share to its highest level since Q4 2020, signaling renewed momentum fueled by the robust performance of leading domestic brands, which capitalized on both local demand and cost-competitive product strategies.

Global Smartwatch Shipments by OEM Share, Q1 2025 vs Q1 2024

Source: Global Smartwatch Shipments Tracker by Model, Q1 2025

Despite witnessing a YoY decline for the sixth consecutive quarter, Apple retained its top position in the global market, driven by its growing iOS user base. Trailing Apple, both Huawei and Xiaomi posted impressive growth in shipments. Their resurgence was driven by a strong domestic performance, broader portfolio appeal, and competitive pricing strategies targeting the mid-to-premium segments. Samsung, in contrast, saw a decline in its previous-generation models across all major markets, resulting in an 18% YoY decline in its shipments for the quarter.

Commenting on regional performance, Senior Research Analyst Anshika Jain said, “China witnessed a 37% YoY shipment growth in Q1 2025, driven by strong performances from Huawei, Imoo and Xiaomi. These leading Chinese brands not only strengthened their foothold in the domestic market but also gained traction internationally, intensifying competition for established global players. Among Chinese consumers, brand loyalty is reinforced by patriotic sentiment, government support, as well as the appeal of homegrown brands offering cutting-edge technologies and a diverse product range covering all price tiers.”

Global Smartwatch Shipments by Region Share, Q1 2025 vs Q1 2024

Source: Counterpoint Research Global Smartwatch Shipments Tracker by Model, Q1 2025
Note: Percentages may not total 100% due to rounding
LATAM: Latin America; MEA: Middle East & Africa; AP ex CH, IN: Asia Pacific excluding China & India; NAM: North America

Commenting on market price bands, Research Analyst Balbir Singh said, “The global smartwatch market is experiencing a notable shift in consumer preferences. Consumers are gradually moving up the price ladder in pursuit of better features and long-term value. The $100-$200 price band saw a solid 21% growth in shipments, signaling rising demand for devices with better health and fitness capabilities. In contrast, the entry-level segment (below $100) saw a 17% decline, suggesting that consumers are increasingly willing to pay more for accuracy, reliability, and ecosystem compatibility.”

“The kids’ smartwatch segment continued to witness significant growth globally, with Imoo maintaining its leadership position driven by affordable, feature-rich offerings. China remained the largest contributor to kids’ smartwatch shipments, while other key regions, including North America, Asia Pacific and Europe, also experienced notable growth. The rise underscores growing parental concerns over child location tracking and postponing early smartphone use,” Singh added.

Commenting on the global smartwatch market outlook, Jain said, “The market is projected to recover at a modest pace in 2025, with growth projected to be in the region of 3%. This rebound will be shaped by evolving product capabilities, as manufacturers increasingly integrate AI features and next-generation health sensors into their devices. In parallel, progress toward regulatory approvals is paving the way for select smartwatches to function as certified medical-grade tools, expanding their use cases beyond lifestyle and fitness tracking. We are also observing a behavioral shift among consumers, who are increasingly prioritizing functionality, long-term value, and ecosystem integration over novelty alone. This trend is nudging the market toward more premium models, as users seek dependable devices that align with broader lifestyle, productivity and wellness goals.”

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