2023-12-04 01:00:00
Written by Mounis Hawass
Monday, December 4, 2023 03:00 AM
Seems to be a market Smart watches Global smart watch shipments increased by 9% year-on-year in the third quarter of 2023, according to a report by Counterpoint.
Earlier this year, the global smartwatch market was sluggish and even witnessed a slowdown. The report claims that the market regained its momentum in the second quarter of 2023 and continued to grow in the third quarter. According to the report, the growth was driven by the continued strong performance of the Indian market (led by Fire-Bolt), in addition to Huawei’s significant recovery in China.
Apple’s performance in the third quarter of 2023?
With a 7% year-on-year increase in global shipments, Apple delivered its best performance ever in the third quarter. It is important to note that the iPhone maker maintained its lead even following launching the latest version of the Apple Watch (a key product in its lineup) late. A little more than the previous year.
The report indicated that shipments of second-generation Apple Watch SE models were a major contributor to the industry leader’s growth.
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