
After a slowdown caused by global geopolitical factors, the smartwatch market, which showed signs of recovery from the previous quarter, is growing at a “healthy” percentage in the third quarter.
The smartwatch market grew by 9% in the third quarter of this year, according to Counterpoint Research.
The growth, analysts say, is coming mainly from India and China, where Huawei is enjoying a remarkable comeback.
After growing by 56%, Huawei returned to the top three and now occupies 14% of the market.
Samsung suffered a 19% year-over-year drop, but that decline was driven more by older models, with newer models only shipping 3% less.
Apple posted the best Q3 in this market, growing by 7% compared to last year. The share of the American company, which still significantly dominates the market, remains at 45%. (News.ro)
(Photo article: DreamsTime.com)
Source: Hot News

Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.