The global smartwatch market grew 13% year-on-year in the second quarter of 2022, and became the second-largest market in the segment, overtaking China in the process. led the global smartwatch market, and Samsung earned a spot while pushing Huawei further down the list.
Market watchers say that, by the end of Q2 2022, India’s smartwatch market grew roughly 347% year-on-year thanks to local brands such as Noise and Fire-Boltt. India is now the second-largest smartwatch market in the world instead of China, the latter of which declined by around 10% year-on-year due to COVID lockdowns and negative economic growth. (via )
North America remains the largest smartwatch market, followed by India and China. Europe fell to fourth place after a 13% year-on-year decline caused in large part by the war in Ukraine.
Samsung’s global smartwatch business in Q2 posted a 40% year-on-year growth. In India alone, Samsung’s influence grew a whopping 295% year-on-year. This performance gave Samsung a market share of 3.3% in India, up from a negligible share in Q2 2021 when it was so low that it barely got mentioned in market trackers.
The series was reportedly the main driving force behind Samsung’s newfound success. The Watch 4 lineup was especially popular in North America and India.
Q3 will be an interesting quarter because trackers will include the Galaxy Watch 4 and the new lineups. Samsung’s market share in India may grow even more, assuming prospective buyers will find the company’s new wearables attractive. They boast bigger batteries, so they have a fair chance of outselling the Galaxy Watch 4 series.
SamsungGalaxy Watch 4 (40mm)
SamsungGalaxy Watch 4 Classic (42mm)
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Market watchers say that, by the end of Q2 2022, India’s smartwatch market grew roughly 347% year-on-year thanks to local brands such as Noise and Fire-Boltt. India is now the second-largest smartwatch market in the world instead of China, the latter of which declined by around 10% year-on-year due to COVID lockdowns and negative economic growth. (via )
North America remains the largest smartwatch market, followed by India and China. Europe fell to fourth place after a 13% year-on-year decline caused in large part by the war in Ukraine.
Samsung was the world’s 2nd-largest smartwatch vendor
Samsung’s global smartwatch business in Q2 posted a 40% year-on-year growth. In India alone, Samsung’s influence grew a whopping 295% year-on-year. This performance gave Samsung a market share of 3.3% in India, up from a negligible share in Q2 2021 when it was so low that it barely got mentioned in market trackers.
The series was reportedly the main driving force behind Samsung’s newfound success. The Watch 4 lineup was especially popular in North America and India.
Q3 will be an interesting quarter because trackers will include the Galaxy Watch 4 and the new lineups. Samsung’s market share in India may grow even more, assuming prospective buyers will find the company’s new wearables attractive. They boast bigger batteries, so they have a fair chance of outselling the Galaxy Watch 4 series.
SamsungGalaxy Watch 4 (40mm)
SamsungGalaxy Watch 4 Classic (42mm)
The post appeared first on .