Apple Watch Accounts 61% Of Entire Smartwatch Market Shares In Q4 2017, Followed By Samsung

According to a new research published by IDC, Apple is continuing to dominated the entire wearables industry with its Apple Watch, as its market share rise year-over-year from the 14.4 percent to 21 percent in Q4, along with units growing from 5.1 million, that makes it the best selling wearable device during the period.

Image Credit IDC
Furthermore, IDC says that one in every five wearables shipped last quarter was an Apple Watch, on the strength of new Series 3 models launched in September. Other four of the companies that ranked below Apple were Fitbit, Xiaomi, Garmin, and Huawei, with fitbit reported sales of 5.4 million wearables last quarter, while Xiaomi shipped 4.9 million units over that time,

4Q17 was the first quarter that Apple held the market leader position all to itself after spending several quarters close behind Fitbit or Xiaomi. Apple is catching the market at the right time with many users of basic wearables moving on to smartwatches and cellular connectivity (available on select Series 3 Watches) is earning a warm reception among end users, if only for the convenience of leaving their smartphone behind. The late-year push of 8.0 million units separated Apple from the competition to emerge as the overall leader of the wearables market for the year.

For data that was more specific on smartwatches, then Apple Watch accounted for an estimated 61 percent of worldwide smartwatch shipments last quarter, in total, it was estimated that 17.7 million Apple Watches shipped in 2017 was more than all competing smartwatches combined last year, for the sake of comparison, other smartwatch brands has shipped an estimated 15.6 million smartwatches cumulatively last year.

Image Credit MacRumors
Even through Apple doesn't break out Apple Watch sales as like it did with iPhones, iPads, and Macs, but CEO Tim Cook clams during last month's earnings call that Apple Watch had its best quarter ever in the fourth quarter of 2017, with over 50 percent growth in revenue and units sold for the fourth quarter in a row.
Previous Post Next Post