Huawei tops Q2 global wearables market
A total of 43.7 million wrist wearables (smartbands and smartwatches) were shipped during the April – June period (Q2) and Huawei stood on top of the global market in both shipments and market share. According to the latest wearable device tracker data from IDC, Huawei saw a remarkable 42% year-on-year growth rate with 8.9 million global shipments and a 20.3% market share.
China was the big driving market for werables where Huawei shipped an estimated 6 million wrist wearables and expanded its market share to 38.4%. Despite Huawei’s success, the global smart wearables market saw a slight 0.7% decline compared to the same period last year.
Huawei saw great demand for its band and smartwatch devices with the Watch Fit 3 being a key growth driver worldwide. The brand also managed to expand its market share across Central and Eastern Europe, the Middle East and Africa, and Latin America.
Xiaomi came second on the global stage with 5.9 million shipments and a 13.5% market share. Xiaomi’s entry-level Redmi series served as key growth drivers while more premium devices like the Watch S3 and Watch 2 also performed well.
Apple came in third place with 5.7 million shipments and a 13.1% market share. Cupertino saw a near 12% decline in shipments on the per year basis due to the fierce price competition from its Chinese competitors.
Samsung shipped 3.3 million wearables for the period with its Galaxy Fit 3 serving as the main growth driver. BBK round outs the top-five with 2.9 million shipments and 6.6% market share thanks to strong demand for its kids watch models in China.
