![]() Smartwatch Industry growth and smartwatch shipments are soaring, as consumers increasingly seek to accessorize their smartphones. This helped bring some much-needed attention to the smartwatch category from telcos and more importantly, it has helped with consumer acceptance. A recent catalyst for the growth of the Smartwatch Market Size is the Smartwatch Market Share leader’s (Apple) decision to include cellular connectivity on the latest Apple Watch. Apple and the Apple Watch accelerated growth in the market for smartwatches by opening the market to new consumers and disrupting traditional innovators like Fitbit and Pebble. Smartwatch shipments have continued to quickly increase and smartwatches are the most popular Smart wearable device today, and are expected to account for almost 45% of all Smart Wearables shipped by the end of 2022. ![]() To get more insights on Smartwatch Market Share, Smartwatch Market Size and what is driving the Smartwatch Industry technology growth, you can visit T4’s Market Research platform here. The top nine Smartwatch Industry brands account for 75% of the market. Apple is the clear Smartwatch Market Share leader with 48% of the 2018 global Smartwatch market, followed by Fitbit with 12% share and Samsung with 11% share. The chart above shows the Smartwatch Market Share by unit shipments in 2018. Access These Reports & More Smartwatch Market Share by Unit Shipments, 2018 To get more insights on Apple, Samsung, Fitbit, country-specific and global Smartwatch Market Share, Smartwatch shipments, Smartwatch Market Size and what is driving the Smartwatch Industry technology growth, you can visit T4’s Market Research platform here. Apple with its Apple Watch is the clear Smartwatch Market Share leader with 48% of the 2018 global Smartwatch market, followed by Fitbit with 12% share and Samsung with 11% share. The chart above shows the Global Smartwatch Market Share by unit shipments in 2018. Popular smartwatch manufacturers include Apple with its flagship Apple Watch Series, Fitbit (including Fitbit Charge, Fitbit Versa, Fitbit Inspire, and others), Samsung (including Samsung Galaxy Watch and Samsung Galaxy Fit), and Garmin (including Garmin Forerunner and Garmin Venu). ![]() ![]() Several additional features include the ability to pair smartwatch functionality with Android and iOS smartphones, place phone calls, play media such as music or videos, and location tracking. Smartwatch functionality resembles smartphones, including smartwatch mobile apps, a mobile operating system and connectivity through networks such as WiFi and Bluetooth. Many smartwatches are paired with a smartphone app that lets the user manage the smartwatch and monitor information such as activity and biometrics. Most smartwatches have a display, similar to that of a smartphone, with a touchscreen user interface. It is one of the most popular connected wearable devices. As smartwatch technology advances, their computational and sensor capabilities increase. A Smartwatch (or smart watch) is a computer built into a traditional watch that often contains additional sensors to measure activity.
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