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Wireless

Smartwatch market to reach 166 mln shipments by 2023, with top 4 joined by many smaller players

Tuesday 19 February 2019 | 14:44 CET | News
The world's top four smartwatch vendors will see their market suffer by 2023, as competition heats up in the sector, according to the latest study from Juniper. The combined market share for Apple, Fossil, Fitbit and Samsung is expected to decline to 47 percent by 2023 from 58 percent in 2018, as smaller players, including Garmin, Huami and Huawei, muscle their way in. These smaller player will exploit niche markets, use cases and price points; some are expected to also release premium smartwatches, with fitness, outdoor activity and health features. Total shipments are expected to reach 166

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Categories: Mobile & Wireless
Companies: Apple / Fitbit / Garmin / Huawei / Samsung
Countries: World
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