• The global smartwatch market fell 7% in 2024, the first ever decline in the overall market.
  • Apple retained its top position, despite a 19% YoY decline in shipments due to tighter competition and weaker upgrade cycles.
  • China captured the biggest shipment share for the first time, driven by the strong performance of Chinese brands including Huawei, Xiaomi and BBK (Imoo).
  • Kids smartwatch was the only segment to witness a rise, as parents’ awareness increased, and brands expanded in this category.
  • cellardoor@lemmy.worldEnglish
    20·
    24 hours ago

    Here’s an idea. Perhaps watches are items with a legacy of lasting years and years? With people wanting to treat them as such? Once the market is saturated and prospective customers already satisfied with what they have, of course you’ll stop selling them.