Global wearables market has good and bad news for Apple

Apple,Xiaomi,Samsung
Research firm International Data Corporation (IDC) has released wearables market report for the third quarter of the year 2021 (Q3-2021). The report has both good and bad news for Cupertino giant Apple. Apple and Huawei dethroned Xiaomi during the quarter as they tied up for first place in the wrist-worn segment.
However, while Apple managed to get the top spot, the shipments of Apple Watch saw a steep decline. Apple captured the top position during Q3-2021 despite a 35.3% decline in Apple Watch shipments during the quarter. The company seems to be facing tough competition from Samsung in the premium segment. Samsung’s latest offering Galaxy Watch 4, the first Android exclusive watch from the company, is reportedly doing well in the market. Samsung Galaxy Watch 4 is also the first watch to launch after Samsung and Google announced partenership for smartwatches in May this year. With Galaxy Watch 4, Samsung makes the move from its Tizen to Google’s Wear OS. According to IDC report, Samsung Galaxy Watch 4 Series has been well received. Incidentally, while Samsung’s 2021 flagship smartwatch Galaxy Watch 4 went on sale in thelast week of August, Apple Watch Series 7, the 2021 model, hit retail shelves globally in mid-October.
What brings good news for Apple
So, wondering what brings good news for Apple in the wearables segment? It’s the Hearables from AirPods and Beats. “Hearables from AirPods and Beats have helped the company cement its leadership in the wearables market although these products have also faced challenges in recent quarters as competition in the hearables segment remains strong,” says IDC. Also, despite the challenges, Apple grabbed over 53% of the dollar value share in this market.
Who are the other four companies in the top 5
Apple leads the wearables market and is followed by Samsung, Xiaomi, Huawei and India’s Boat (Imagine Marketing) in the very same order. Boat once again found its way into the global top 5. “Relentless marketing and low-cost products have helped drive volume. In recent quarters, the company has also launched watches, which now account for 10% of its shipments,” says the report.
As for Xiaomi losing the top spot in the global smartwatch market, Jitesh Ubrani, research manager for IDC Mobility and Consumer Device Trackers, says, “Demand has been slowly shifting away from wristbands towards watches as consumers increasingly want a more capable device and as the gap in pricing narrows.” He adds, “The number of watches sold for under $100 is now equal to wristbands, which have dominated this price band in the past. Growth amongst Indian and Chinese brands has been leading the low-end watch space while Apple, Huawei, and Samsung maintain a hold at the high-end.”

News Related

OTHER NEWS

S. Korea to spend nearly 9 tln won on digital New Deal in 2022

SEOUL, Jan. 26 (Yonhap) — South Korea said Wednesday it will invest 9 trillion won (US$7.51 billion) this year as part of its digital New Deal program to foster new ... Read more »

US plans more wild horse roundups this year than ever before

The Associated PressFILE – A livestock helicopter pilot rounds up wild horses from the Fox & Lake Herd Management Area on July 13, 2008, in Washoe County, Nev., near the ... Read more »

LG Energy Solution, GM to build $2.6b joint EV battery plant in Michigan

LG Energy Solution Vice President Kim Dong-myung announces a US$2.6 billion investment to build a third joint factory with U.S. General Motors Co. in the U.S. state of Michigan, at ... Read more »

New AMD Ryzen 9 6900HX benchmark shows huge gains over Ryzen 9 5900HX

Ever since AMD announced its next-ish-gen processors based on its Zen 3+ architecture, we haven’t heard much about them. But now a new benchmark leak might give us a deeper ... Read more »

RTX 3080 Founders Edition graphics cards hit by inflation in the EU

Nvidia appears to be raising the price of the RTX 30-series Founders Edition reference graphics cards by as much as 6% in the EU, with a similar price increase coming ... Read more »

Hyundai Mobis Q4 net profit up 0.4 pct. to 554 bln won

SEOUL, Jan. 26 (Yonhap) — Hyundai Mobis Co. on Wednesday reported its fourth-quarter net income of 554 billion won (US$463.4 million), up 0.4 percent from a year earlier. The company ... Read more »

Hyundai Mobis 2021 net profit up 54.7 pct to 2.36 tln won

SEOUL, Jan. 26 (Yonhap) — Hyundai Mobis Co. on Wednesday reported its 2021 net income of 2.36 trillion won (US$2 billion), up 54.7 percent from a year earlier. The company ... Read more »

‘Dune' Actress Explains Parents' Shock Deaths: ‘I Had No Idea Their Heat Had Gone'

Facebook/Alicia Witt A month after her parents’ shock deaths from hypothermia, actor Alicia Witt took to Facebook Tuesday to detail how the preventable tragedy has left her reeling and struggling ... Read more »

Doubts grow over Glenwood PE's exit from PI Advanced Materials

Glenwood Private Equity CEO Lee Sang-ho, left, and PI Advanced Materials CEO Kim Tae-lim By Park Jae-hyuk Glenwood Private Equity is facing growing skepticism over its forthcoming divestment from PI ... Read more »

Samsung Galaxy S22 unveil now officially set for February 9

Samsung has officially set its Galaxy Unpacked date for February 9, finally dropping into place the last piece of what everyone believes is the Samsung Galaxy S22 launch puzzle. The ... Read more »

Princess Cristina of Spain Separates from Husband After He Was Pictured with Another Woman

A picture taken on June 19, 2010 shows Infanta Cristina of Spain (L) and her husband Inaki Urdangarin arriving at the wedding banquet of newly-wed Swedish royal couple, Crown Princess ... Read more »

Kim Kardashian responds to Kanye West's claim he retrieved 2nd sex tape from Ray J

Kanye West says he retrieved a laptop from Ray J with footage of estranged wife Kim Kardashian. (Photos: Getty Images) Kim Kardashian says a second sex tape with Ray J ... Read more »

Why Google is in deep trouble for tracking your ‘dark patterns'

Google’s surveillance-based business model has attracted another prominent opponent. After surviving attacks from , , , and , the company now faces a more powerful foe: a quartet of US ... Read more »

Biz sentiment for Feb. stays below par for 2nd month: poll

SEOUL, Jan. 26 (Yonhap) — South Korea’s business sentiment edged up for February but remained below par for the second consecutive month amid high raw material prices and global supply ... Read more »

Here's why tape could be your best shot at defeating ransomware

Linear tape-open, or LTO tape is, most likely, every organization’s best bet against ransomware. A new report from IDC claims that LTO tape inherently comes with five key features, all ... Read more »

Tim Cook gets restraining order against accused stalker claiming to be his kids' mom

Lawyers for Apple CEO Tim Cook have won a restraining order against a Virginia woman who allegedly has been stalking him. WireImage A Virginia woman drove across the country to ... Read more »

14 popular board games that will keep you entertained when you're stuck inside

— Recommendations are independently chosen by Reviewed’s editors. Purchases you make through our links may earn us a commission. It’s easy to get the doldrums in the winter—especially a couple ... Read more »

A fully digital U.S. dollar? Fed releases study of potential contender to cryptocurrency.

The Federal Reserve released a report last week exploring opportunities to create a fully digital U.S. dollar, which could serve as a more stable alternative to other digital forms of ... Read more »

Upgrade your skincare routine with our 25% discount on Elemis creams, balms and oils

— Recommendations are independently chosen by Reviewed’s editors. Purchases you make through our links may earn us a commission. Being skincare savvy means using products that work for your skin ... Read more »

Amanda Barrie: I'd have been sacked for coming out while in Coronation Street

Watch: Corrie's Amanda Barrie says she had to keep her sexuality secret to keep her soap role Coronation Street star Amanda Barrie has said she believes bosses would have sacked ... Read more »

The next iMac Pro could feature a monster twelve-core chip more powerful than the M1 Max

The next Apple iMac Pro will feature a beefy twelve-core CPU that’s even more powerful than the M1 Max, a prominent leaker has claimed. According to a tweet from Dylandkt, ... Read more »

Microsoft profits up 21%, giving cushion for gaming push

The Associated PressA sign for Microsoft offices, Thursday, May 6, 2021 in New York. Microsoft stunned the gaming industry when it announced, Tuesday, Jan. 18, 2022, it would buy game ... Read more »

Apple Pay alista su arribo a Chile como parte de la expansión de Apple en Sudamérica en el mercado de medios de pago

La tecnología en las formas de pago sigue avanzando, un ejemplo de ello son los chips en la tarjeta bancaria, lo cual también aumenta la seguridad al momento de efectuar ... Read more »

US stocks navigate more volatility to bounce off session lows ahead of Fed decision

© Kevin Lamarque/Reuters Federal Reserve Chair Jerome Powell. Kevin Lamarque/Reuters Stocks went on another wild ride Tuesday following a stunning bounceback on Monday. The Dow Jones Industrial Average nearly erased ... Read more »

The 14-inch and 16-inch MacBook Pros are still suffering from massive, month-long shipping delays

The 14-inch and 16-inch MacBook Pro models have been in short supply in the United States. As we reported earlier this month, there have been month-long delays on the various ... Read more »

Rishi Sunak's tax grab from workers is ‘absolutely unnecessary', senior Tory says

Rishi Sunak has faced widespread criticism over his plans to increase National Insurance from April this year. (Getty) A senior Conservative MP has branded Rishi Sunak's plan to hike taxes ... Read more »

Mum-of-two stabbed in Maida Vale was 'killed with 10cm kitchen knife' and worked in a school

Yasmin Chkaifi, 43, was knifed by a former partner in west London. (SWNS) A mother-of-two stabbed in Maida Vale was “killed with a 10cm kitchen knife” and worked in a ... Read more »

How to clean smoke damage, soot and ash from your home

— Recommendations are independently chosen by Reviewed’s editors. Purchases you make through our links may earn us a commission. In just the past few years, we’ve witnessed record-breaking wildfires cause ... Read more »

We tested N95 and KN95 masks on Amazon. These 7 options are your best bets

— Recommendations are independently chosen by Reviewed’s editors. Purchases you make through our links may earn us a commission. Nearly two years into the COVID-19 pandemic, face masks are still ... Read more »

Shop the best TV deals under $500 from Samsung, TCL, Hisense and Vizio

— Recommendations are independently chosen by Reviewed’s editors. Purchases you make through our links may earn us a commission. TVs are a major investment, both as a home essential and ... Read more »

These software flaws could have left your Tesla open to anyone

A vulnerability in a logging software used by Tesla car owners, paired with some poor security practices by the same owners, allowed a cybersecurity researcher to take “full control” of ... Read more »

Google To Replace Third-Party Cookies With Topics API Browser Approach

Google  – Alphabet Inc (NASDAQ:GOOGL) is testing a new approach called Topics API, aiming to replace the FLoC – Federated Learnings of Cohorts – announced last year. With the move, ... Read more »

Every Entrepreneur Should Back Up Their Email

From internal communications to email marketing, email remains king of the business world in 2022. Sure, instant messaging apps like Slack and Microsoft Teams have made headways, but in the ... Read more »

IATA calls on governments to remove all travel restrictions for fully vaccinated

The International Air Transport Association (IATA) called on governments around the world to remove all travel barriers for fully vaccinated travellers, calling current travel restrictions “a mess.” IATA urged governments ... Read more »

BrewDog founder James Watt threatens to sue BBC over claims of inappropriate behaviour

BrewDog founder James Watt – Chris Ratcliffe/Bloomberg The founder of BrewDog is threatening to sue the BBC over claims the broadcaster obtained private information by “underhand means”. James Watt is ... Read more »

Report: Nvidia may soon drop Arm bid

By the time you read this Nvidia’s nearly two-year-long quest to consume mobile chip giant Arm may be over. Bloomberg is reporting that Nvidia may be winding down efforts to ... Read more »

Cases of ‘more transmissible' Omicron sub-lineage BA.2 increasing in UK

A COVID testing centre outside Goodison Park stadium in Liverpool. (Getty) Cases of the “more transmissible” Omicron sub-lineage BA.2 are increasing in the UK. The UK Health Security Agency (UKHSA) ... Read more »

Coleen Nolan reveals surprising reason she was nervous about introducing her boyfriend to children

1 / 2Coleen Nolan reveals surprising reason she was nervous about introducing her boyfriend to childrencoleen-michael Coleen Nolan has revealed the surprising reason why she was “really nervous” about introducing ... Read more »

Rishi Sunak accidentally went to Boris Johnson's No 10 birthday event

Chancellor Rishi Sunak was unintentionally present at the prime minister’s birthday gathering during lockdown, a Treasury source said. (PA Images) Rishi Sunak accidentally attended Boris Johnson's birthday gathering during lockdown, ... Read more »

Big Dog was now The Suspect, but at least Gray's report would be delayed… Oh.

Boris Johnson’s day goes from bad to worse, with only a hardcore of loyalists left defending him Big Dog was having a bad morning. Normally he could rely on Grant ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic