In the first quarter, the total sales of the Apple watch based on what was revealed by a Strategy Analytics from the research of the latest data showed an estimate of around 2.2 million. Even though from the previous quarter of market shares declined from 63% to 52.4%, the most popular smartwatch is still the Apple Watch. A sighting by a Strategy Analytics states that the one reason due to which the market share of Apple Watch is ceding is due to the increase in competition of rivals like Motorola and LG who also have come up with Android Wear.
In the Q1 2016, an estimate of 2.2 million units of Apple Watch was shipped, in the world wide market share of smart watches, Apple had captured 52%. This was a dip from the 2015’s Q4 where the market share was 63%. Strategy Analytics Executive Director, Neil Mawston also went on to say that, the 2nd position in the market was captured by Samsung Smartwatch units which was shipped was around 0.6 million capturing the market share of 14%. In dozens of countries, the fast expansion of The Samsung Gear models and Apple watch can be seen, however it can also been seen that competition from other companies like Motorola, LG and other is also ramping in a fast pace.
Nevertheless, a comfortable lead is still maintained by Apple in the smartwatch market. If you combine all the competitors on one side, the sales of Apple’s wrist worn product are outpacing. With around 600,000 shipments, the 2nd place was trailed by Samsung. In the quarter, a combined shipment of 1.4 million units was the total for all other vendors. As per Strategy Analytics, the annual growth of the shipments went from 1.3 million in last year’s quarter to 4.2 million only in 2016’s first quarter.