Apple Watch leads global smartwatch shipments in Q1: Counterpoint Research

Led by Apple Watch, global smartwatch shipments grew at 48% year-on-year (YoY) in the first quarter of 2019, Counterpoint Research said.

Top nine brands contribute to 75% of the market shipment and Samsung, Fitbit and Huawei grew exponentially in the quarter, said Counterpoint’s “Global Smartwatch Tracker”.

Apple with 35.8% led the segment, followed by Samsung at 11.1% and a new Chinese brand imoo at third spot with 9.2% market share by shipments.

“Apple Watch shipments grew a solid 49 per cent YoY despite the weak demand for its iPhones,” said Counterpoint Research Analyst Satyajit Sinha.