Canalys: wearables back to growth in Q2, smart bands losing ground

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According to newly compiled Canalys report, the global smart wearable market recorded a 2% increase in shipments in Q2 2022, compared to Q1.

The total global shipments of smart wearables – basic bands and smartwatches – stood at 41.7 million units. Of them, basic watches recorded a big 46.6% increase in shipments, while smartwatches (those that have apps) score a 9.3% increase.

Basic smart bands suffered a 35.5% decline in sales, though.

Canalys: wearables back to winning ways in Q2, smart bands not so much

Apple shipped took the lion share with 8.4 million watches shipped, or 26.4% of the market. Samsung was ahead of Huawei for second with 2.8 million units shipped, while Huawei had 2.6 million.

India’s local Noise achieved a huge 382% increase in shipments for a total of 1.8 million. Noise, Fire-Boltt, and boAT have found repeated success, achieving about 1 million shipments per quarter.

Canalys: wearables back to winning ways in Q2, smart bands not so much

This increase in sales helped India to record its highest ever market share and become the world’s largest market in Q2 2022 with 15%.

Canalys: wearables back to winning ways in Q2, smart bands not so much

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