According to the latest statistics of research company strategy Analytics:In the first quarter of 2020, apple watch further expanded its leading position in the smart watch market, now accounting for more than 55% of the overall share, up 1.1% year on year.Specifically, apple watch shipped 7.6 million yuan in the first quarter, up 22.6% from 6.2 million yuan in the same period last year.
Data map (from Apple official website)
Samsung, ranked second, shipped 1.9 million yuan this quarter, up 11.8% year on year. However, compared with the same period last year, the South Korean technology giant's market share of smart watches dropped from 14.9% to 13%.
Jiaming, third, shipped 1.1 million yuan in the first quarter, an increase of 37.5 a year earlier. Yet the company's overall share of the smartwatch market remains at 8% single digits.
Overall, thanks to the strong performance of Apple watch, the Smartwatch industry grew by 20.2% in the first three months of 2020.
Other suppliers shipped 3.1 million units in the first quarter, accounting for 22.6% of the smartwatch market.
in additionappleLuca Maestri, chief financial officer, said in a recent Q2 financial reporting conference call in fy2020 that the company's wearable devices division has generated revenue equivalent to that of the fortune 140 companies.
It is expected that Apple will release new Apple watch series 6 products as promised this autumn. Recently, it has been rumored that the company will continue to iterate over health functions and even add advanced functions such as anxiety monitoring and sleep tracking.