You'll agree that Samsung makes great smartwatches, but it still ranks third in the smartwatch market. According to a new report from research company Counterpoint Research, its market share increased in the third and fourth quarters of last year, but it was still in third place for the whole year.
A Counterpoint Research report states that Samsung shipped 9,1 million smartwatches to the global market last year. It was number one with 33,9 million watches delivered Apple, which released models last year Apple Watch SE a Apple Watch Series 6. The Cupertino technology giant has ruled this field ever since it released the first generation to the world Apple Watch. The second in the order was Huawei, which delivered 11,1 million watches to the market last year and recorded a year-on-year growth of 26%.
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In the last quarter of 2020, Apple's market share increased to 40%. Samsung's share rose from 7% in the third quarter to 10% in the latest. As the end of the year approached, Huawei's share fell to 8%. The smartwatch market only grew by 1,5% last year due to the coronavirus pandemic. The average price of smartwatches should decrease this year, the report adds.
Last year, Samsung launched a watch Galaxy Watch 3 and will reportedly introduce this year at least two models Galaxy Watch. It is also speculated that the company will use Tizen OS instead for the next watch androidsystem Wear BONE.
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