Huawei has taken the top spot in the smartwatch market, surpassing Apple. According to a report by IDC, Huawei sold the most number of smartwatches during the first nine months of this year. The Chinese tech giant’s success can be attributed to its new model lineup, including the GT5 and GT5 Pro, which offer advanced health-tracking features.
Huawei’s strategy of catering to local markets has also played a key role in its popularity. The company has expanded its product availability into regions such as Asia-Pacific, the Middle East, and Latin America. This move has enabled Huawei to tap into emerging markets with high demand for fitness bands and smartwatches.
China is driving the global market’s growth, with a 20% increase in wrist-worn device shipments in 2024. Chinese consumers are drawn to sleek designs and health tracking features. Other brands like Samsung and Xiaomi are also gaining traction, offering competitive prices and premium models. Xiaomi’s Watch S series and Band 9, for example, have gained popularity with their great features at affordable prices.
Huawei’s rise to the top of the smartwatch market marks a significant shift in the technology industry. The Chinese tech giant’s innovative approach has paid off, allowing it to outpace its competitors and establish itself as a leader in the wearable technology sector.
Source: https://www.financialexpress.com/life/technology-huawei-dethrones-apple-as-new-king-of-the-smartwatch-market-report-saysnbsp-3695682