smartwatch sales

Smartwatch sales have reportedly declined for the first time, signaling potential challenges ahead for the wearable tech industry. Experts attribute this downturn primarily to slowing innovation and recent legal setbacks faced by Apple, a major ... market leader. According to Counterpoint Research, smartwatch shipments dropped 7 percent in 2024 compared to the previous year, with Apple's shipments notably falling by 19 percent. Given Apple's commanding market share - approximately one-quarter of all global smartwatch sales - this decline significantly impacts the market. (Source: ... (view more)