Samsung steps off smartwatch podium in H1 2022 but could regain it in H2
Last updated: August 20th, 2020 at 15:13 UTC+01:00
Information technology appears that Samsung has lost some ground in the race for smartwatch supremacy over the first half of 2020. The company's global smartwatch shipment acquirement share dropped from 9.3% in H1 2019 to vii.2% in H1 2020, and Samsung was outperformed past Apple, Garmin, and Huawei, the latter two of which have pushed the Korean tech giant off the podium. Samsung had the 2d-largest smartwatch shipment acquirement share a yr ago, merely the company is now on quaternary identify.
Samsung's relatively poor performance can't really exist blamed on the COVID-19 pandemic, as unlike the smartphone market, the smartwatch segment has been growing even in these uncertain economic times. The habiliment market is sort of booming right now, as consumers are more wellness conscious than ever before. This has led to a surge in need for smartwatches by 57%, nine%, and 5% year-on-year in India, Europe, and the USA, respectively.
The Galaxy Lookout 3 could plough the tables
The Galaxy Spotter Active 2 is a corking smartwatch, as reflected in our review nearly a twelvemonth ago, just Samsung's sleek vesture was sadly outperformed in terms of global shipment volumes by products from both Apple and Huawei. According to Counterpoint Research, the first and second best-selling smartwatch models in H1 2020 were the Apple Lookout man Series 5 and Series 3, respectively. The third place was secured past the Huawei Sentinel GT2, and the Galaxy Watch Active 2 barbarous on fourth identify.
Although the first half of the year wasn't very positive for Samsung's smartwatch business concern, market watchers speculate that the make-new Galaxy Watch three could plough the tables in Samsung's favor in the second one-half of the twelvemonth. The Galaxy Watch 3 is a bit too expensive just it has a lot going on for itself so people might be compelled to buy it.
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Source: https://www.sammobile.com/news/samsung-steps-off-smartwatch-podium-h1-2020-could-regain-in-h2/
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