- 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.
This shocked me when I went from my Galaxy Watch 3 to a Galaxy Watch 6. I used to only have to put a PIN when I wanted to pay, but now it’s anything on the watch?
Because of that, I also disabled the payment app.