The demand for smartwatches has been rising steadily through the years. Apple with the Watch has been a dominant participant available in the market for the final couple of years. It comes as little shock to see Apple Watch main the market as two fashions are the most effective sellers on the planet. In keeping with IDC analyst Francisco Jeronimo, the Apple Watch Collection 7 is the bestselling smartwatch on the planet. Launched in 2021, the Watch Collection 7 is the flagship Apple Watch one should purchase.
The second bestselling smartwatch, as per Jeronimo, is the Watch SE — the reasonably priced smartwatch from Apple. The Watch SE is the toned-down model which Apple sells and misses out on sure options however nonetheless stays an excellent smartwatch — and IDC numbers again that. The Apple Watch SE doesn’t have well being options like ECG monitoring or always-on show however that doesn’t appear to be a deterrent for consumers. Apple clearly has a agency grip on the smartwatch market as three of the highest 5 promoting smartwatches on the planet come from Cupertino. The Watch Collection 3 — launched in 2017 — is the fifth greatest promoting smartwatch on the planet. The Watch Collection 3 is a type of ‘uncommon’ fashions that hasn’t been discontinued and is the most cost effective Apple Watch you should purchase.
Sandwiched between the three Apple Watch fashions are two smartwatches from Samsung. In keeping with Jeronimo, the Galaxy Watch 4 and the Galaxy Watch 4 Traditional are the third and fourth greatest promoting smartwatch fashions on the planet.
With three watches in prime 5, Apple leads the smartwatch market with about 51.2% share. Samsung is positioned second with 18.9% adopted by Garmin, which has 7.2% market share. Huawei got here in fourth with 4.5% market share whereas Fitbit rounded up the highest 5 with 3.6% market share.