International smartwatch shipments elevated 11% year-over-year (YoY) in quarter two (Q2) of 2023 after declining in each This autumn 2022 and Q1 2023, in accordance with Counterpoint Analysis. And the Apple Watch continues to dominate the market, although its market share has slipped a bit.
Apple noticed a ten% YoY decline in its Q2 2023 shipments. This decline pushed its shipments to beneath 8 million models for the primary time in three years. Consequently, Apple’s market share fell to 22% from 27% in Q2 2022.
When it comes to regional cargo shares, India’s market stood at 34%, a 12% factors surge in comparison with the year-ago interval, in accordance with Counterpoint. The Chinese language market’s share declined because of the swift enlargement of India’s market. Nonetheless, China’s shipments grew 5% from Q2 2022.
In North America, there was an 9% YoY discount in shipments in Q2 2023. Nonetheless, the income noticed an increase of round 3% because of the sustained reputation of high-end premium merchandise. Nonetheless, North America’s share in world smartwatch revenues declined, in comparison with each Q2 2022 and Q2 2021.
