Samsung was the second largest manufacturer of smartwatches during the first quarter of 2020

Galaxy Watch Active 2

Although Apple was not the first manufacturer to launch a smartwatch on the market, in fact it was one of the last, since its launch, every year, it launches a new version with interesting improvements and today it has become the best smartwatch currently available on the market.

Samsung, which entered this sector before Apple, one more quarter, continues keeping the second position in the list of manufacturers that sell the most smartwatches each year. According to the latest data released by Strategy Analytics, Samsung shipped 1.9 million smartwatches during the first quarter of 2020.

During the first quarter of 2019, Samsung put 1,7 million smartwatches on the market, however, the market share of the Korean company has increased from 14,9 to 13,9% in the last year. In first position, we obviously find Apple, who put 7,6 million Apple Watch on the market during the first quarter of 2020, for the 6,2 million in the first quarter of 2019.

This increase in sales, unlike Samsung, has allowed increase your market share, which has gone from 54,5% in 2019 to 55,5% today. In the third position of this ranking of major smartphone manufacturers, we find Garmin, with a market share of 6% after selling 1.1 million smartwtaches.

According to Steve Waltzer, Strategy Analytics analyst who produced this latest report:

Samsung remains the world's No. XNUMX smartwatch supplier, but its growth was slowed by the coronavirus lockdown in its country, South Korea, and renewed competition from hungry competitors like Garmin.

Despite the virtual global stoppage caused by the coronavirus, the smartwatch market has grown by 20% compared to last year, which translates into 14 million models sold during the first quarter of 2020. It is expected that for the second quarter, this growth will decrease until the new models that the main manufacturers plan to launch are introduced. market.


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