Apple Watch Shipments’ Continuous Decline: New Models, Significant Upgrades Needed
Overview: The global smartwatch market is witnessing a decline for the first time ever, which is majorly driven by the Apple’s downfall and the decline in the consumer demand for the basic smartwatches. The report provides a comprehensive analysis of Apple’s downfall in the year 2024. The report involves the major reasons including increasing global competition, legal dispute, and decline in the consumer demand. Along with the reasons, the report also includes the potential solutions for Apple which the brand may consider and is currently working on to retain their leadership in the global smartwatch market in the upcoming time.
Table of Contents:
- Why did Apple Shipments decline?
- What can be the potential remedies to get back on the growth path?
- Outlook
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Author
Balbir Singh
Balbir Singh is a Global Smartwatch and India Hearables market analyst and consultant, specializing in the evaluation and assessment of leading market players' performance, market trends, and strategies. Leveraging his extensive expertise in trend analysis, he delivers in-depth insights, strategic analysis and industry forecasts. Before joining Counterpoint, Balbir served as an Knowledge Management Associate in ZS Associates. He holds a Masters degree in Pharmaceutical Sciences.
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