MobiHealth News June 9, 2022
Shipments of wearables declined 3% year-over-year, according to a report by the International Data Corporation.
Wearables shipments worldwide declined 3% year-over-year in the first quarter, marking the industry’s first-ever decline, according to a report by the International Data Corporation.
But the shipment slowdown wasn’t equal across different types of wearables. Wristband wearables declined 40.5%, while hearables, like earbuds or smart headphones, fell only 0.6%. Watches actually grew 9.1% during the quarter, making up more than a quarter of the overall market.
Apple led the pack in terms of shipment volume, growing 6.6% year-over-year. The tech giant now boasts 30.5% market share compared with 27.7% in the first quarter in 2021. The report attributes Apple’s performances to its Apple Watches, as...
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