Counterpoint: Smartwatch market grows in Q1, Apple maintains top spot

The smartwatch market between January and March 2022 saw a 13% increase in shipments, according to Counterpoint Research. The analysis of the wearable market across the globe revealed Apple, Samsung, and Xiaomi all recorded an increase on yearly basis, despite the quarterly 24% decline - the holiday quarter is obviously hard to match. Associate Director Sujeong Lim stated that brand loyalty is the main reason for the success factor of Apple, which increased its overall share, as well as its YoY shipments by 14%. Weaker international positions are the reason why Huawei, despite...