Only Samsung can stand up to the almighty Apple Watch

The Galaxy Watch has risen to a higher level and Samsung is already number 2 in the smartwatch market, although in Cupertino they continue to lead the sector thanks to their successful Apple Watch.

Once again they are experts Counterpoint Research who love Color the mobile device market this past Q2 of 2022 That we finished a few weeks ago, and they just stopped doing it A sector eg smart watch Where Apple has an advantage And Samsung’s Galaxy Watch has gained more ground by already maturing with Google’s Wear OS operating system at its core.

Indeed, we already have a curious and interesting detail to begin with, and that is that in the global scenario of generalized collapse, it seems that Smart watches withstand the pull of 13% growth per year This second quarter of 2022, again with India as the great engine of growth.

While the alternatives to Wear OS are multiple and high quality, the Apple Watch rules the ‘smartwatch industry’.

This fact is not only curious for us, because Counterpoint’s own consultants were quite surprised In published notes, later All indicators assume a downward trend Due to the inflationary crisis, geopolitical conflicts and endless waves of coronavirus.

In any case, it seems People in India are widely adopting this type wearable With a growth of 347%, which elevated its market to second in the world after North America and surpassed China. However, smartwatches are sold in India Do not exceed the average price of 50 dollars With major local brands as great protagonists.

Let’s look at and analyze all this data a little more… Will you join us?

Smart Watch Market Statistics and Keys in 2022

By region, The North American market is in first place with Apple as a great incentiveAnd it is that those from Cupertino managed to increase their sales quota of Apple Watch by 8% year on year.

Samsung managed to climb to the second drawer of the podium With a significant increase of 40% year on year, explained by Mahan Change the platform of your Galaxy Watch4 In 2021, Google’s Wear OS re-adoption to its detriment Tizen for wearables.

Huawei is the leader in China’s smartwatch sector, but Its housing market is down 10% year over year Due to a fairly sharp contraction in demand, which has forced Schengen to lose second place worldwide with no hope of regaining it due to the trade blockade. Amazfit also fell 11% year over year Pulled down by lower sales in China.

xiaomi It is a major player in this market niche 13% growth with its watches not having much presence in the Indian market Which is key to growth, and where local manufacturers like Fire-Bolt have grown strongly.

For its part, Garmin falls seventh With its sports-specific smartwatches, though, its margins are high and experts tell us that In terms of facilities, the Kansas brand is third worldwide After Samsung and Apple.

So, and now to summarize the smartwatch market picture, It is in North America where smartwatches are most successfulSo since Apple owns the sector there, it’s no surprise that the people of Cupertino rule this market with an iron fist. Samsung also now grows under the shelter of GoogleWhile China and Europe clearly fall and its local companies super-cheap watches in India win.

So we can summarize such a large amount of data!