Apple dominates the smartwatch market, but is losing share

Apple continues to dominate the smartwatch market, but the power company in this sector is weakening, according to analysts ABI Research.

According to the report, in the second and third quarters of 2018, the share of Apple in the smartwatch market fell to 43,35%. With cupertinos was followed by Fitbit, Huawei and Samsung, each of which captured about 8% market share. The rest of the market for smart wearable gadgets was “other”. The total number of shipments of smart watches in the past year amounted to 40 million units.

The reduction of the share does not mean a drop in sales. Apple will continue to supply devices both old and new customers. Just the market is growing too fast, there are many smart watches from third-party manufacturers with the basic functions of the Apple Watch at a reduced price.

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