Tuesday January 28, 2020
Home Lead Story Apple Leads W...

Apple Leads With 48% Share in the Smartwatch Market

Apple maintains its first position in smartwatch market with 48% share in Q3

0
//
Apple smartwatch
Apple shipped 6.8 million smartwatches worldwide in Q3 2019. Pixabay

Continuing its lead over competitors like Samsung and Fitbit, Apple Watch maintained first position as its share in the global smartwatch market reached 48 per cent in the third quarter of this year from 45 per cent in the same quarter last year, according to a report by market research firm Strategy Analytics.

Global smartwatch shipments grew an impressive 42 per cent annually to reach 14 million units in the third quarter of 2019, said the report.

“Apple shipped 6.8 million smartwatches worldwide in Q3 2019, rising an above-average 51 per cent from 4.5 million in Q3 2018,” Neil Mawston, Executive Director at Strategy Analytics, said in a statement.

“Apple Watch continues to fend off strong competition from hungry rivals like Fitbit and Samsung. Apple Watch owns half the worldwide smartwatch market and remains the clear industry leader,” Mawston added.

Samsung held second place in the smartwatch market as its share jumped from 11 per cent to 13 per cent during the past year.

The market share for Fitbit, which clung on to third position, fell to 11 per cent this quarter, down from 15 per cent a year ago.

“Samsung shipped 1.9 million smartwatches worldwide in Q3 2019, almost doubling from 1.1 million a year ago. Samsung’s global smartwatch market share has jumped from 11 percent to 13 percent during the past year,” said Steven Waltzer, Senior Analyst at Strategy Analytics.

Apple
Apple Watch continues to fend off strong competition from hungry rivals like Fitbit and Samsung. Pixabay

Samsung’s new models, such as Galaxy Watch Active 2, should enable the South Korean tech giant to improve its global smartwatch presence in Q4, Waltzer said.

Fitbit, which earlier this month entered into an agreement to be acquired by Google, shipped 1.6 million smartwatches worldwide in Q3 2019.

“Fitbit continues to underperform the smartwatch industry average. Fitbit has struggled to compete with Apple Watch at the higher end of the smartwatch market, while its latest Versa Lite model has struggled to excite consumers at the lower end,” Mawston said.

“Fitbit’s recent takeover by Google will be a relief to the company, as Fitbit is under rising competitive pressure from Apple, Samsung, Garmin, Huawei, Xiaomi and others.

Also Read- Xiaomi Becomes The Leader Of Single Brand Retail Network In India

“The big question now on everyone’s lips is what Google plans to do with Fitbit, and whether Google will expand or contract Fitbit’s famous hardware, operating system, and healthcare, sport and fitness services,” Mawston added. (IANS)

Next Story

Here’s How Alexa Will Let You Order Gifts Online

Customers can quickly place an order through this Skill for their special someone by just giving voice commands

0
Alexa
The new Alexa Skill will also give customers suggestions and options to choose from bestselling gifts. Pixabay

India’s largest gifting brand, Ferns N Petals, has become the first such brand to launch Alexa Skill for gift delivery in Asia, the company said on Monday.

The Skill allows customers to order and send flowers or cakes through the voice assistant.

The brand is anticipating that the business generated through this initiative will touch 10 per cent of the overall online business by 2025.

“We are pleased to be the first player in the gifting industry to roll out Alexa Skill to provide our users an easy access and convenient ordering process of the products in flowers and cakes category,” said Pawan Gadia, CEO, online and retail, Ferns N Petals.

The company has developed ‘The Ferns N Petals Alexa Skill’ for easy access on all Alexa-enabled devices.

Customers can quickly place an order through this Skill for their special someone by just giving voice commands.

Alexa
India’s largest gifting brand, Ferns N Petals, has become the first such brand to launch Alexa Skill for gift delivery in Asia. Pixabay

In Phase 1, Alexa Skill will be launched for existing customers who have an account with Ferns N Petals and have a saved address in their profile.

The Skill will also give customers suggestions and options to choose from bestselling gifts.

ALSO READ: Handset Maker POCO To Unveil New Smartphone “POCO X2” on February 4

Customers can simply enable Alexa Skill for FNP and say, “Alexa, open Ferns N Petals” followed by “I’d like to order a cake”, the company said. (IANS)