Overview:
The global HLOS smartwatch market increased by 2.3% YoY reaching 16.9million of quarterly shipments. This is a turnaround in three quarters after experiencing a YoY decline in the previous two quarters.
While Apple and Samsung saw YoY declines of 10% and 19% respectively, Garmin recorded significant growth with the new Forerunner series such as Forerunner 265/265S and Forerunner 965. By region, with the launch of Huawei Watch 4 series and the continued popularity of Huawei Watch 3 GT, China has led the growth of the HLOS smartwatch market, while India drove the Basic smartwatch market.
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Yeree Yoon
Yeree is a Research Analyst at Counterpoint Research, based in South Korea. She tracks and analyzes smartphones, wearables, TV, wireless charging, Macro services across various regions and countries.
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