IoT-Gadgets-Logo-272-90

Samsung Doubles Smartwatch Market Share, Closing Gap on Apple

According to a report from the International Data Corporation (IDC) Samsung have doubled their year-on-year shipments of Tizen smartwatches from 2015.
By
Ash
 - 
Jul 22, 2016

 
According to a report from the International Data Corporation (IDC), Apple have shipped 1.6 million smartwatches in Q2 2016, which sounds impressive but is a sharp fall from the 3.6 million it shipped the previous year. The companies overall market share has shrunk from 72% to 47% as it was the only vendor in the top 5 to show a decline in the number of shipments. Top 5 include Apple, Samsung, Lenovo, LG Electronics, and Garmin.

 
statistics-market-smart-watches-2nd-quarter
 

The report shows that Samsung have doubled their year-on-year market share going from 7% to 16%, with corresponding shipments of 400,000 to 600,000. Last year Apple had a whopping 65% market share advantage over Samsung which has now dropped to 31%. It will be Interesting to see what the difference the launch of the Gear S3 and the iWatch 2 make to next years figures. We expect the S3 to launch at IFA 2016 in September with a luxury edition being released early next year.

The report did not take into account wearable trackers that did not have an app ecosystem and could not be considered a smartwatch.
 

IoT-Gadgets-Logo-272-90

About us

IoT Gadgets is dedicated to bring you all the Internet of Things IoT news that pertains to gadgets. Simple. We love for you to join us on this journey.

Contact us: [email protected]

FOLLOW US

crossmenu linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram