The International Data Corporation (IDC) report covering the first three quarters of 2024 on the worldwide wearable technology market has been published. According to the report, a total of 139 million wearable devices were shipped worldwide between January and September 2024. Even though the numbers were 1% lower than the previous year, things went pretty well for Huawei. Details are in our news…
Huawei made a big splash in the wearable technology market, where China is the leader
Reportedly, despite the weak performance in the US and India, 20.1% growth in China was the savior of the global market. 45.8 million units were shipped from China. Smart watches, the most popular category of wearable technology, shipped 112.2 million units in the first three quarters of the year. But despite these figures, this category experienced an overall decline of 3.8%. We can say that growth in China balanced this decline. It achieved a growth rate of 23.3% with the shipment of 32.9 million smart watches.
Simpler wearable devices grew by 12.7% globally. The growth rate in this category in China was recorded as 12.6%. The shipment leader was Huawei. In fact, Huawei managed to surpass Apple by 1 million units. Meanwhile, Huawei’s success is not only due to the Chinese market; The company has achieved great success globally, recording steady growth in Latin America, the Middle East and Africa.
Until a year ago, Apple was the undisputed leader in the industry with 25.8 million units shipped. Huawei ranked second with 16.3 million units. But this year Huawei has caught up and surpassed Apple with a phenomenal growth rate of 50%. Meanwhile, Apple is down nearly 13%.
Apple needs to fight not only with Huawei but also with Xiaomi. Xiaomi attracted a lot of attention with its recently released Smart Band 9 and is now right behind Apple. What do you think about this? You can write your opinions in the comments section below…
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