[expand title=”More Actionable Insights” swaptitle=”Close”]
The above graph represents the world’s top 5 wearable companies by market share, starting from CY Q1 2014 to the most recently completed quarter. Global shipments of wearable devices totaled 84.5 million units in the third quarter of 2019. Apple captured nearly 35% of the total global wearable market, with 29.5 million units shipped. That’s a healthy 12% point YoY increase in Apple’s share in the wearable market worldwide.
|Note||CY starts from January 1st to December 31st|
Despite posting 66.1% YoY growth in shipments, Xiaomi’s share in the global wearable market declined from 17.1% in Q3 2018 to 14.6% in Q3 2019.
Samsung’s strategy to bundle its smartwatches and Galaxy buds with its smartphones has paid off as the company witnessed 156% YoY growth in its wearables shipments in Q3 2019. With a 9.8% share, Samsung is the world’s 3rd largest wearable company as of September 2019.
Huawei’s share in the worldwide wearable market increased from 5.4% in Q3 2018 to 8.4% in Q3 2019, thanks to the strong performance in its homegrown China.
The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.