Overview: The global smartwatch market is witnessing a decline for the first time ever, which is majorly driven by the Apple’s downfall and the decline in the consumer demand for the basic smartwatches. The report provides a comprehensive analysis of Apple’s downfall in the year 2024. The report involves the major reasons including increasing global competition, legal dispute, and decline in the consumer demand. Along with the reasons, the report also includes the potential solutions for Apple which the brand may consider and is currently working on to retain their leadership in the global smartwatch market in the upcoming time.