By admin 
In response to a brand new report from IDC China, Huawei led the worldwide wearables market within the first quarter of this 12 months (January to March), with 10 million shipments, taking a 21.9% market share. This represents 42.4% progress in comparison with the year-ago quarter, when it shipped 7 million models and had 17% of the market.
Subsequent up is Xiaomi with 8.7 million shipments and 19% of the pie. Xiaomi recorded the most important year-on-year progress at 42.6%, as final 12 months it had 6.1 million shipments and a 14.7% market share.
Apple is just in third with 7 million shipments and a 15.5% market share. It grew 37.2% from its Q1 2024 efficiency of 5.1 million shipments and 12.5% market share.
Samsung is in fourth with 3.4 million shipments and seven.5% of the pie, and its gross sales have declined by 5.7% in comparison with the year-ago quarter when it managed 3.6 million shipments for an 8.8% market share.
Rounding up the highest 5 is Garmin with 2.1 million shipments and 4.7% market share, rising 29.5% year-on-year from 1.6 million shipments and 4% market share.
The market total shipped 45.6 million models in Q1 this 12 months, of which 34.81 million models have been smartwatches and 10.76 million have been sensible bands. The market total is up by 10.5% from 41.2 million in Q1 2024.
Of these 45.6 million models, 17.62 million symbolize the Chinese language market alone, which grew 37.6% year-on-year. China’s smartwatch market shipped 11.4 million models, up 25.3% year-on-year, and its sensible band market managed 6.21 million models shipped with a progress of 67.9%.
All of this progress in China is pushed by the nationwide subsidy scheme by the Chinese language authorities, and it will proceed to advertise progress within the nation’s wristwear market, with IDC predicting that full-year 2025 numbers can be 36.9% greater than in 2024.
Source (in Chinese language)