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Global Smartwatch Sales Decline for the First Time in 2024, Xiaomi Reports Strong Growth: Counterpoint

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Global smartwatch shipments declined 7 percent year-on-year (YoY) in 2024, according to a new report by market research firm Counterpoint. Apple continued to hold the top position in worldwide smartwatch shipments, followed by Huawei and Samsung in second and third places, respectively. Xiaomi marked the fastest growth in 2024 and secured a spot among the top five for…Global smartwatch shipments declined 7 percent year-on-year (YoY) in 2024, according to a new report by market research firm Counterpoint. Apple continued to hold the top position in worldwide smartwatch shipments, followed by Huawei and Samsung in second and third places, respectively. Xiaomi marked the fastest growth in 2024 and secured a spot among the top five for…