In line with Canalys estimates, the smartwatch watch class noticed substantial double-digit progress year-over-year with the Apple Watch main the market.
“The wearables market is coming again to life, pushed by rising shopper demand in numerous elements of every day life,” says Jack Leathem, analysis analyst at Canalys. “Demand throughout completely different segments is rebounding, main distributors to handle particular shopper wants.”
Within the second quarter of 2023, Apple bought 8.1 million smartwatches for 18% market share. That’s down 3% from the second quarter of 2022 when Apple bought 8.4 million smartwatches and had 20% market share. Nonetheless, Apple Watch gross sales are anticipated to rebound with the latest announcement of the Apple Watch Collection 9 and Apple Watch Extremely 2.