San Francisco: Apple’s share in the global smartwatch shipment revenue increased to 51.4 per cent in the first half of this year from 43.2 per cent during the same period last year, Counterpoint Research said on Thursday.
Overall, the global smartwatch market posted a healthy 20 per cent revenue growth despite the Covid-19 pandemic due to healthy growth in shipments in India, Europe and the US.
In the first half of 2020, close to 42 million smartwatches were shipped, said the report.
The top three brands – Apple, Garmin and Huawei — contributed more than 69 per cent of the total market revenue in H1 2020.
While Garmin’s share in the global smartwatch shipment revenue increased to 9.4 per cent, Huawei’s share grew to 8.3 per cent.
“Apple captured a record half of the market in terms of revenue due to
