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Apple has long dominated the global smartwatch market, but the latest data from International Data Corporation (IDC) shows that dominance has crumbled. In Q3 2024, Huawei managed to surpass Apple and lead the smartwatch market with an impressive shipment total. This article will discuss detailed statistics, featured products, and shifting positions in the global smartwatch market. - Best Selling Smartwatches Q3 2024 Huawei Leads Global Smartwatch Market Data from IDC's Worldwide Wearables Quarterly Tracker reveals that Huawei shipped 23.6 million smartwatch units from Q1 to Q3 2024. This gives it a market share of 16.9 percent, enough to bump Apple to second place. In comparison, Apple, which previously led the market in 2023 with an 18.4 percent share, is now only able to grab 16.2 percent with a total shipment of 22.5 million units in the same period. Apple's decline was largely due to a 12.8 percent drop in shipment volume on a [...] basis.
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