Overview: The global HLOS smartwatch witnessed a decline of 4% YoY in Q4 2024. The decline was majorly driven by the 19% YoY shipment decline in NAM region. The HLOS shipments grew only in China and MEA. China shipments grew 29% YoY, fuelled by Huawei and Xiaomi. Apple shipment declined 19% YoY globally, witnessing decline is all the regions but India in Q4 2024.
Published Date: February 2025
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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.
Anshika Jain
Anshika is a Senior Analyst at Counterpoint Technology Market Research with over 13 years of experience in market research and business intelligence. She currently leads the Global Consumer IoT domain, focusing on wearables, hearables, smart home, and emerging technologies. Previously, she managed various research and consulting projects across sectors such as BFSI and Telecom. Additionally, she has significant client-handling experience with major multinational companies. Anshika holds an MBA in Finance from IMT Ghaziabad and a Bachelor’s degree in Economics from Hansraj College, Delhi University.
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