Global Smartwatch Shipments Grew 48% YoY in Q1 2019

Global Smartwatch Shipments Grew 48% YoY in Q1 2019, driven by Apple, Samsung, Fitbit, and Huawei, according to the latest research from Counterpoint’s Global Smartwatch Tracker.

1. Apple Watch shipments grew a solid 49% YoY despite the weak demand for its iPhones.

2. Samsung grew exponentially at 127% YoY as the Korean brand’s market share jumped to 11% in Q1 2019.

3. Huawei’s market share jumped to 3% in Q1 2019 due to good traction for its latest Huawei Watch GT. “However, limited battery life remains a pain point for consumer’s decision-making process, irrespective of region and price band.” said Sinha Counterpoint Research Analyst.

Global Smartwatch Shipments market share by brand in Q1 2018 vs Q1 2019