The latest report from Counterpoint Research reveals the state of the wearables market, particularly among smartwatches. The overall smartwatch is seeing significant growth, with 27% more shipments in Q2 of 2021 compared to the same quarter in 2020. This is attributed to an increase in demand for smartwatches cheaper than $100. This category of smartwatches grew in shipments by 547% YoY for Q2 2021.
Samsung ranked third this quarter, seeing a 43% increase in shipments, surpassing the average growth rate. Samsung was able to improve sales both the Galaxy Watch3 and Galaxy Watch Active2…
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