What you need to know
- Strategy Analytics reports that Apple sold 6.8 million smartwatches in Q3 2019.
- That's 51% more than last year, where Apple sold 4.5 million.
- Apple continues to dominate the smartwatch market, holding a 48% share.
Market research from Strategy Analytics reports that Apple sold 6.8 million smartwatches in the third quarter of 2019. If correct, that would mean that Apple Watch shipments are up 51% compared to this time last year.
According to the report, the global smartwatch market as a whole grew considerably, with shipments reaching 14 million units, up 42% YoY.
With regards to Apple the report states:
Apple's closest competitor in the sector is currently Samsung, which shipped 1.9 million watches in Q3. It holds 13.4% of the global market share, passing Fitbit to take second place.
What's really impressive here is that despite the massive growth of 42% for the smartwatch market, Apple Watch growth outstripped that and continues to acquire more market share. Apple is notoriously secretive when it comes to its Apple Watch shipment and sales figures, so analysis like this is usually all we have to go on.
The graph from Strategy Analytics below details the full breakdown of shipments and market share for the period.
As previously mentioned, Fitbit lost out on the number two place to Samsung in Q3, its market share slipping from 15% to just over 11%, despite a small increase in sales. Google's recent acquisition of Fitbit could, however, mark the next big shakeup in the smartwatch market. With the acquisition, Google may well be able to revive its own Wear OS platform. Since the inception of Fitbit's vision to make "everyone in the world healthier" 12 years ago, it has gained more than 28 million users in total. The combination of Google's clout and resources, combined with Fitbit's wearables expertise means the challenge to Apple's market dominance may come from that corner, rather than Samsung.
For now and the foreseeable future, however, Apple remains the front runner in the global smartwatch market.
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Stephen Warwick has written about Apple for five years at iMore and previously elsewhere. He covers all of iMore's latest breaking news regarding all of Apple's products and services, both hardware and software. Stephen has interviewed industry experts in a range of fields including finance, litigation, security, and more. He also specializes in curating and reviewing audio hardware and has experience beyond journalism in sound engineering, production, and design.
Before becoming a writer Stephen studied Ancient History at University and also worked at Apple for more than two years. Stephen is also a host on the iMore show, a weekly podcast recorded live that discusses the latest in breaking Apple news, as well as featuring fun trivia about all things Apple. Follow him on Twitter @stephenwarwick9