According to fresh statistics from Counterpoint Research, the Apple Watch continues to lead the wearables sector. In reality, the number of Apple Watch users has surpassed 100 million, and Apple has maintained its lead in the wearables market.
The COVID-19 epidemic and the closure of retail shops throughout the world, according to Apple, had a detrimental influence on Apple Watch sales. Apple Watch sales, on the other hand, appear to have picked up when stores reopened. Counterpoint Research’s recent research explains:
Showing a full recovery from COVID-19, global smartwatch shipments in the second quarter of this year increased 27% compared to the same period last year, according to Counterpoint Research’s recently published Global Smartwatch Model Tracker.
Apple has actually lost market share as a result of increased competition from firms in China and India, but the corporation remains the industry leader. Apple had a 28 percent share of the wearables market, down from 30.1 percent in the same period last year, according to the statistics. The whole list is as follows:
According to data gathered by Counterpoint Research, the Apple Watch has surpassed the 100 million user milestone this quarter.
Commenting on the smartwatch market outlook, Senior Analyst Sujeong Lim said, “The smartwatch attach-rates for smartphones have been steadily rising. Apple’s ecosystem is seeing a greater attach rate as the brand continues to bake in attractive designs, health features and related services around it. Apple Watch’s user base crossed the 100-million mark for the first time during the quarter ended June, capturing the lion’s share of the smartwatch user base globally. The US continues to be the key Apple Watch market, contributing to more than half of its user base, with an attach rate of close to 30%.”