Home > Latest News > Samsung Edge Closer To Apple For Smartwatch Sales

Samsung Edge Closer To Apple For Smartwatch Sales

With global smartwatch shipments rising 16 per cent YOY in Q3 2021, the Samsung Galaxy Watch 4 series has shown strong results against Apple, who once seemed unbeatable in the category.

Apple are still leading the way, with 21.8 per cent share of the market, but their share dropped 10 per cent through the past year because of the delay of their Watch 7 series.

In the meantime, Samsung’s Galaxy Watch 4 reclaimed the second spot from Huawei, edging closer to Apple with a 14.4 per cent market share.

“Samsung performed better than expected in the third quarter. Although the Galaxy Watch 4 series shipments were much higher than expected, more than 60 per cent of the total shipments were sold in North America and Europe, where the share of mid to high price range models is high,” says an analyst.

“To further increase its market share, Samsung is expected to launch affordable models within two to three years to target the fast-growing Asian market. One third of smartwatches sold in Q3 2021 were priced under US$100.”


You may also like
Samsung Galaxy S22 Ultra Smashes Records As iPhone Lovers Take To The Device
Samsung OZ Revenues Surge, Profits Up As Global Hits $16 Billion Profit For Quarter
Future iMac Tipped To Feature Next Gen Processor But You Will Have To Wait
Samsung Halts LCD Orders As TV Demand Slows
REVIEW: Samsung’s M8 Smart Monitor Is So Much More