A market research company released the 2022 Third Quarter Global Wearables Shipment Report, in which Huawei successfully reached the fifth position. On the other hand, the company is at the top of the Chinese market.
According to the latest information, the global shipment of wearables has reached 49 million units. As a result, market share increased by 3.4% on an annual basis. Although the overall growth rate is minimal, Huawei has managed to achieve good ratings.
Additionally, Huawei landed at number five with 7% of the global smart wearable device market share in Q3 2022. Comparatively, the result shows a 29% drop in year-on-year growth. However, it looks like the upcoming Watch Buds product will surely add new hype to this scenario.
On the side, Apple leads the market with a 20% market share, followed by Samsung with 10%. The list further shows Xiaomi and Noise with 9% and 7% market share respectively.
Huawei first in China!
In addition to the global wearables market, Canalys also published the Chinese wearables market report for Apple, Huawei, Oppo, Xiaomi and XTC (Xiaotiancai). Therefore, Huawei got the top rank in the home region.
The tech maker gained an overall market share of 24%. Again, there is a 27% decrease in annual growth. Despite slowing growth, the company continues to dominate the wearables market in China.
Notably, Huawei has done a flawless job with its wearables. That is why the company always grabs a place among the best suppliers in the world as well as in the hometown.
In the third quarter of this year, Huawei launched a handful of new smartwatches for its consumers. These include Huawei Watch Fit 2 and Huawei Watch 3 Pro new. Both devices offer innovative features at an affordable price.
More devices to come!
Huawei is constantly striving to meet the demands of its users. In the latest edition, the company is gearing up for the Watch Buds and a new set of headphones. We’ll get a first look at these smart gadgets soon.