The Apple Watch revolutionized the smartwatch market when it was unveiled in 2015. The global smartwatch market was valued at 2064 billion in 2019 and is projected to reach 9631 billion by 2027 registering a CAGR of 196 from 2020 to 2027The study of smartwatch in this report emphasizes on various products operating systems and corresponding applications.
Smartwatch Unit Sales In The Us 2016 2020 Statista
Smartwatch market for 2018 at nearly 5 billion.
Smartwatch sales statistics. Apple Watch Series 4 took the top spot selling 115 million units despite only hitting store shelves in the fourth quarter of the year. Worldwide sales of smartwatches totaled five million in 2014 before rising to 19 million units just a year later. Extension smartwatch is followed by hybrid smartwatch and standalone smartwatch holding the market share of 30 and 1268 respectively in 2019.
Apple Watch became the best-selling smartwatch in the world in 2016. Samsung shipped 19 million smartwatches worldwide in Q3 2019 almost doubling from 11 million a year ago. The Active 2 for example sees regular smartwatch sales at around 24999 which is a much more realistic price if youre looking for fitness features over fashion-forward wrist-candy.
This has also been enough to make the US the second-largest market for wearable devices worldwide. Apple Watch owns half the worldwide smartwatch market and remains the clear industry leader. Steven Waltzer Senior Analyst at Strategy Analytics said Global smartwatch shipments grew 20 percent annually from 114 million units in Q1 2019 to 137 million in Q1 2020.
Smartwatch sales from Apple Fitbit and others are poised to double by 2021 according to research firm IDC. Between 2016 and 2020 annual smartwatch sales are forecast to grow from 9 million units to over 22 million as these. From 29 million in sales in 2014 the sales of wearable devices have gone up to 172 million by 2018.
After its launch in 2015 the smartwatch reached 4 million units sold in just one quarter and between 15 and 20 million for the full year. Apple Watch Series 3 was next followed by the Fitbit Versa. Based on Application the market is segmented into personal assistance healthcarewellness sports and others spiritual wellness gaming kids learning and fashion.
Thats the lowdown according to Gartner who also claim that 3032 million smartwatches were sold in 2015 a figure it says will grow to 6671 million by 2017. The 439 million connections in North America would be 222 million more than those made to 4G networks in 2017. NPD estimates the size of the US.
Wearables used in North America and Asia Pacific are together forecast to account for. In 2019 an estimated 201 million smartwatches were sold in the United States. Smartwatch Market Outlook - 2027.
A report on watch sales from the NPD also shows smartwatches now have a 5050 sales split with traditional watches and that smartwatch sales fueled the growth of overall watch sales in 2018. Smartwatch shipments worldwide are forecast to grow in the following years increasing from 693 million units in 2019 to over 109 million units by 2023. However as with all analyst.
The global smartwatch market posted a healthy 20 revenue growth in H1 2020 despite the COVID-19 pandemic and shipments remaining flat compared to the same period last year according to the latest research from Counterpoints IoT service. Smartwatches are a major segment of the. The figure comes from The NPD Group which also said that US smartwatch sales totaled nearly 5 billion a 50 percent increase over the previous year.
Apple made between 525 billion and 7 billion in revenue from its Apple Watch in 2015. While smartwatch sales are booming in the US according to the latest financial figures published by Canalys were over here wondering why Google isnt taking the space more seriously. These figures are enough to push the sales numbers of smartwatches to 261 million units and fitness bands to 25 million units.
That jump comes on top of a 51 increase in dollar sales of smartwatches for the full year in 2018 and a 61 increase in unit sales according to NPD.
Global Smartwatch Shipment Share By Platform 2018 Statista
Apple Watch The Smartwatch That S Trending Apple Watch Marketing Smart Watch Marketing
Global Smartwatch Unit Sales 2016 2022 Statista
Smartwatches Statistics Infographic
