According to a report provided by Canalys, smartbands are taking a big slump in terms of global sales decline, while smartwatches are not seeing a significant increase.
Wearables are growing again in the market. At least that’s what a study by Canalysin which that is said global sales up 2% in the second quarter of 2022. Accessories are recovering after a 3.7% decline in the first quarter of the year.
However, the data reveals something else more interesting. Smart bands, like the latest Xiaomi Mi Band, have long been consumers’ choice. Well then, Smart watches are now preferred by users.
Smartwatches are rising, smartbands are falling
According to the report, smartwatches recorded a growth of 9.3% compared to the previous quarter. This ámbito is now leading the wearables market, meaning smart bands are down 35.5% compared to the first quarter of the year.
how collected, India is the market that has grown the most. Wearables sales grew an impressive 275%, thanks in part to national brands like Noise, Fire-Boltt, and BoAt. These brands genera very affordable products with attractive designs that have caught the attention of users in the Asian sub-region.
For the global market, Apple continues to rule with an iron fist in the circle of smartwatches. Samsung overtook Huawei with 58% growth and sold 2.8 million watches after Samsung announced the launch of the new Samsung Galaxy Watch 5 and 5 Pro.
Indeed, according to Canalys analysts, the latest products from Samsung and Garmin, as well as expected launches from Apple and Google plus, have things to look forward to in the coming months The competition is becoming more intense in the context of smart watches.
The same analysts point to smartwatch users they know better about these devices so that they select the ones with the best capabilities for the specific use they intend to use them for.
The report also says manufacturers’ efforts to provide a premium usuario experience perro be seen Improvements to features such as designIntegration with the ecosystem of the usuario’s mobile devices and a greater expense to health.