Global Smartwatch Market Analysis Q2 2021

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Sep 15, 2021

Overview:

The global smartwatch market rose 27% YoY but declined 8% QoQ in Q2 2021. Since it is a market dominated by Apple, seasonality has a strong role. While Apple’s dominance continued, its share declined 2% points YoY with intensifying competition in the growing market.

As new smartwatches from Apple and Samsung are scheduled to be released sequentially, the smartphone market in the second half of the year is also expected to maintain double-digit growth compared to the same period last year.

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Category

Industry

IoT

Report Type

Report

Author

Sujeong Lim

Sujeong Lim is a Research Analyst at Counterpoint Research based out of Seoul Korea. In Counterpoint, she focuses on mobile ICT industry and mobile device research, especially dedicated on the Korea mobile market. After 10+ years product marketing experience during her working period, she joined Counterpoint to pursue her interest in IoT and emerging future technology.

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