Published in IoT

Apple has 75 percent of smartwatch market

by on23 July 2015


That is how miserable the market is

Despite the poor figures Apple Watch is the best player in the awful wearables market. 

It took Google more than  six months to cross the 100,000 figure Android Wear installations and Apple Watch has definitely beating these numbers easily. Google has Samsung, LG, Motorola as the predominant players and according to Strategy Analytics  only Samsung managed to sell significant numbers.

The problem is that the Smart Watch market is slow especially the Android Wear one.  But it is taking off fast. A year ago in Q2 2014 Samsung sold 0.7 million of its watches and everyone else managed to sell 0.3 million watches. There was total of million smartwatches sold in Q2 2014 in a wide range of operating systems.

A year later, in Q2 2015 Apple’s iWatch and sold 4 million in three months. This is not a bad number as Samsung sold 400,000 watches while all others managed to ship 900,000 in the whole quarter.

What this means is that Apple instantly captured 75.5 percent of total market in Q2 2015. Samsung used to have 73.6 percent of market in Q2 2014. In Q2 2015 it dropped to 7.5 percent. This huge drop was thanks to a great success of Apple Watch.

All others dropped a market share from 26.4 percent in Q2 14 to 17 percent in Q2 2015. Total growth of the smart watch market year over year is 457.3 percent.

Strategy Analytics admitted it did not use “real numbers” but felt its guess was close to the truth.

 

Last modified on 23 July 2015
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