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Samsung lost 2nd place in Q1 smartwatch market to Huawei, or has it?

Terminal updated: June 18th, 2020 at 16:48 UTC+01:00

Samsung barbarous to third place in the global smartwatch market in Q1 2020, at least according to new data shared by market place analysis firmCanalys. Samsung was reportedly outperformed by Huawei who climbed upwardly the ladder to catch the silver medal from the Korean tech giant, the latter of which reportedly shipped 1.8 meg smartwatches over the three-month period.

According to the information, Samsung shipped roughly 600,000 more than smartwatches in Q1 2020 than information technology did a twelvemonth ago. The company boosted its global market share from ix.vi% to 12.4% year-on-twelvemonth, but despite all this, Samsung was still overtaken by Huawei with 2.1 million shipments and a 14.9% market place share.

Different market research firms, different methodologies

Information technology's worth noting that the latest bits of information don't quite match the previous analysis from Strategy Analytics. The previous report claimed Samsung had shipped i.9 million smartwatches and secured 2nd place in Q1 2020 after Apple and alee of Garmin with a market share of 13.9%. Similarly, the previous report claimed that the smartwatch market equally a whole grew 20% year-on-year in Q1 2020, while the recent assay fromCanalys estimates that the smartwatch market experienced only a 12% YoY increase in the first quarter.

Simply put, these discrepancies be because different market watchers take unlike enquiry methodologies, and last results can finish upwards beingness more or less dissimilar. With all said and done, Samsung may have indeed lost 2nd place to Huawei in Q1 2020, at least according to some market watchers but not others. Whatever the case may be, Samsung is gearing upwardly to unveil the new Milky way Sentinel 3 and the upcoming wearable might accept the potential to propel the company's influence in the segment, especially since information technology's going to be a direct sequel to the Galaxy Watch instead of a Watch Active 2 successor.

Source: https://www.sammobile.com/news/samsung-lost-2nd-place-q1-smartwatch-market-huawei-or-has-it/

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