Indian manufacturers Noise and Fire-Boltt emerged as main contenders.
Huawei made large strides by rising its home market share to 39 per cent, following a surge of 58 per cent in shipments.
Global smartwatch shipments elevated 11 per cent (year-on-year) within the second quarter (Q2) this yr after declining within the final two quarters, a report confirmed on Tuesday.
India’s shipments soared by 70 per cent YoY, serving as the first driver for the worldwide market’s rebound, based on Counterpoint Research.
In phrases of regional cargo shares, India’s market stood at 34 per cent, a 12 per cent level surge in comparison with the year-ago interval, the report famous.
China’s market additionally recorded a modest improve. Besides, a shift within the aggressive panorama was evident as Huawei ascended to the second place
when it comes to world market share.
“Huawei recorded impressive growth in Q2 2023, securing the second position in quarterly shipments for the first time in two years. Huawei aggressively
pushed new flagship products such as the Watch 4 series into the market in Q2, achieving its highest quarterly shipments after 2020,” mentioned analysis
analyst Woojin Son.
Huawei made large strides by rising its home market share to 39 per cent, following a surge of 58 per cent in shipments.
Indian manufacturers Noise and Fire-Boltt emerged as main contenders, boasting 86 per cent and 70 per cent YoY development, respectively.
The Chinese market’s share declined as a result of swift growth of India’s market. However, China’s shipments grew 5 per cent from Q2 2022.
Samsung witnessed a 19 per cent YoY decline. Apple noticed a ten per cent YoY decline, based on the report.
(This story has been edited by News18 employees and is revealed from a syndicated news company feed – IANS)
Source web site: www.news18.com
