After the Covid-19 epidemic in 2020, the Apple Watch led the wristwatch market in 2021, as the market as a whole increased. That's according to the latest figures from Counterpoint Research's worldwide wristwatch model tracker, which show a year-over-year increase of 24%. It also disclosed that over 40 million smartwatches were shipped globally in the fourth quarter, which is the greatest quarterly shipment of smartwatches ever.

In terms of market share, Apple held the largest piece of the pie with 30.1 percent, down from 32.9 percent in 2020.The Apple Watch Series 7 was released in 2021, featuring new case sizes, larger displays, and a more durable construction. Kids wristwatch maker Imoo,Amazfit, Garmin, Fitbit, Xiaomi, and Indian smartwatch brand Noise made up the remainder of the market.India's thirst for smartwatches is a major driver of total market development, with its share of the market rising from 3% to 10% by 2021.The introduction of more cheap smartwatches appears to be a crucial contributor in overall growth, with Amazfit, Xiaomi, and Noise all forecasting high growth in 2021.

In 2021, it is expected that 232 million wearables will be delivered, with Apple leading the way, followed by Huawei, Zepp, Fitbit, and Samsung. It's evident that smartwatch sales are on the increase, and with additional launches expected from Apple, Samsung, and potentially even Google before the end of the year, we don't expect things to slow down in 2022.

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Smart Watches

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