Apple Watch Leads The Smartwatch Market As It Grows By 48% In Q1 2019
Smartwatches, since their introduction has become an important part of people’s lives. The devices function as fitness trackers, show notifications and in some cases, like the Nubia Alpha, also help make calls and click pictures. According to known research organization Counterpoint, the global market for smartwatches has seen steady growth. Since the first quarter of last year, the sales of the wearable product has grown around 48 percent Year on Year (YoY). And the Apple Watch is the most sold smartwatch in the time period.
Results Of The Research
In a result published on its website on the 2nd of May, Counterpoint claims the smartwatch industry has grown by 48 percent YoY as mentioned above. Apple, whose Apple Watch is a really popular product in the segment, led the pack by clocking in the most sales in the first quarter of 2019. According to the research organization, its demand grew by 49 percent compared to the first quarter last year. It also claims that because of such unprecedented growth, one of every three smartwatches sold in the time period belonged to Apple. In the second place is Samsung, witnessing an exponential growth of 127 percent; which is accredited to the strong sales of its latest Galaxy smartwatches. Also in the list are companies from the likes of Fitbit, Amazfit, Huawei and Fossil. All these brands are a known name in the smartwatch market.
The growth of the Apple Watch in the ever-increasing market of smartwatches is not surprising according to Counterpoint. According to it, the ECG and the fall detection feature on the current generation Apple Watch Series 4 are the most desirable worldwide. The device has been claimed to have saved numerous lives due to the aforementioned features. While these functionalities are available in a limited number of countries worldwide as of now; Apple is also said to be bringing the ECG feature to 20 more countries after seeking necessary approvals for the same.