Samsung Narrows Gap With Apple Watch as Global Smartwatch Shipments Grow 16 Percent YoY in Q3 276i3t Counterpoint

Noise and Boat shipped more than double volume when compared to the previous quarter in Q3 2021. 3e646z

By Nithya P Nair | Updated: 23 November 2021 17:24 IST

Samsung Narrows Gap With Apple Watch as Global Smartwatch Shipments Grow 16 Percent YoY in Q3: Counterpoint

Apple's decline in Q3 2021 is due to a delay in Apple Watch Series 7 launch 336fq

Highlights

Samsung marked its highest quarterly shipments in Q3 2021
Samsung smartwatch shipments grew by 14.4 percent
Amazfit secured the third spot in global smartwatch shipments

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Apple Watch has maintained its leadership in of global smartwatch shipments in the third quarter of 2021, as per the latest report by market research firm Counterpoint. Still, the Cupertino company saw its smartwatch market lead shrinking a bit as Samsung got a boost from the Galaxy Watch 4. The global smartwatch shipments in the same period surged 16 percent compared to the same period last year, states the report. While Apple got the lion's share of the worldwide smartwatch shipments, Samsung secured the second spot followed by Amazfit, Imoo, and Huawei in the top five positions. Indian brands like Noise and Boat also posted remarkable growth in their quarterly smartwatch shipments, Counterpoint noted.

Counterpoint Research in its Global Smartwatch Model Tracker report Apple Watch Series 7 launch.

Google and Samsung. This partnership has helped Samsung regain the second spot from 9.9 percent in Q3 2020 to 14.4 percent in Q3 2021.

Noise X-Fit 1 With 10-Day Battery Life Launched in India

“Samsung performed better than expected in the third quarter. Although the Galaxy Watch 4 series shipments were much higher than expected, more than 60 percent of the total shipments were sold in North America and Europe, where the share of mid-to-high price range models is high", said Counterpoint Research senior analyst Sujeong Lim about Samsung's growth in the space.

Amazfit secured the third spot with its increasing popularity in Europe. It managed to grow its market share to 5.8 percent in Q3 2021, from 5.4 percent in Q3 2020.

As mentioned, Boat are ranked first and second, respectively, in the Indian smartwatch market, shipping more than double the volume from the previous quarter.

Moto Watch 100 With a Circular Display, 14-Day Battery Life Now Official

Huawei saw a further decline in market share as it went from 13.6 percent in Q3 2020 to 5 percent in Q3 2021. Imoo, owned by BBK Electronics, also saw a small decline from 6.6 percent to 5.8 percent YoY market share in Q3 2021.

This week on Orbital, the Gadgets 360 podcast, we discuss iPhone 13, new iPad and iPad mini, and Apple Watch Series 7 — and what they mean to the Indian market. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.

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Apple Watch Series 7 GPS 46491n

KEY SPECS
NEWS

Display Size 41mm

Dial Shape Rectangle

Display Type OLED Retina

Ideal For Unisex

More Apple Smartwatches

Samsung Galaxy Watch 4 (44mm) 6jt3g

KEY SPECS
NEWS

Strap Colour Black, Green, Silver

Display Size 44mm

Compatible OS Android

Dial Shape Round

Display Type AMOLED

Ideal For Unisex

More Samsung Smartwatches

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Further reading: Huawei

Nithya P Nair

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Nithya P Nair is a journalist with more than five years of experience in digital journalism. She specialises in business and technology beats. A foodie at heart, Nithya loves exploring new places (read cuisines) and sneaking in Malayalam movie dialogues to spice up conversations. More