Global shipments of smart band devices drop by 4%

Over the previous few years, t. has been a market transition from wristbands to wristwatches. Based on Canalys, the worldwide cargo of the wearable fell 4% to 41.7 million models in Q1 2022. Wristband watches (each base and smartwatches) account for 76.6% of all wearable wristband machine within the first quarter, up 15% to 32 million models.

After the primary 5 quarters, of fundamental bracelets suffered their sixth decline, falling 37%. Canalys stated after reaching 27.9 million models within the fourth quarter of 2019, of fundamental bracelets fell all the way in which, dropping under 10 million for the primary time. Whereas the rise in wristwatch shipments helped offset the decline in fundamental wristbands, it was nonetheless unavoidable that the general wearable machine market would decline.

Because of the sturdy demand out there, Apple nonetheless maintains a number one place within the subject of wrist watches. Canalys analyst Cynthia Chen stated: “Regardless of a 53% improve, Samsung was crushed by Huawei to take third place. Whereas the machine mixture of wristbands and watches improved, Huawei’s smartphone enterprise shrunk. Shipments are nonetheless on a downward pattern. Xiaomi has overtaken Garmin for fourth place because of the rising international provide of its Mi and Redmi base watches.”

Change from bands to smartwatches

A current survey by Canalys reveals that “out of 4,000 respondents from 4 Western European markets, 34% stated they supposed to purchase a smartwatch within the subsequent 12 months, in opposition to 17% who would select a health . Smartwatches stood out as the preferred companion machine to smartphones for Western European shoppers. The survey outcomes corroborate Canalys’ expectations that future shopper demand will shift away from fundamental bands to watches. This can doubtlessly have an effect on distributors reminiscent of Xiaomi and Fitbit, that are nonetheless transport fundamental bands in important numbers”.

T. is a cause for the shift from sensible bands to smartwatches. The most important cause is the restrict on the operation of sensible bands. Whereas sensible bands are suitable with rudimentary real-time working techniques, they don’t help third-party apps. That is one main benefit of a smartwatch over a sensible band. Smartwatches don’t solely run their impartial working techniques, it additionally helps third-party purposes. “Shoppers are favoring watches over bands. With greater shows, richer options, and longer battery life, they consider watches are higher in a position to fulfill their health-tracking and digital way of life wants,” stated Sherry Jin, Canalys Analysis Analyst. “Primary watches are positioned as an reasonably priced step-up from fundamental bands, appropriate for price-conscious shoppers with rising expectations as to what wearables can do.”



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