reached Smartwatch shipments are 25.4 million, an increase of 37.9 percent, so that watches now represent 62 percent of global shipments of wearable bands.
The global wearable laces market grew 5.6 percent year-on-year with 40.9 million units shipped in the second quarter of 2021.
The ligament decline, which began in the fourth quarter of 2020, extended to the second quarter of 2021.
Shipments fell 23.8 percent to 15.5 million units. But the decline of the bands is offset by the growth of smartwatches.
Watch shipments surpassed those of straps for the first time in the fourth quarter of 2020, and the trend has continued ever since.
Wristwatches have accounted for more than 60 percent of all shipments of wearable straps for three consecutive quarters so far.
Canalys expects watches to be a major growth driver for the wearable bands category for years to come.
Xiaomi overtook Apple to become the largest seller of wearable bands in the second quarter of 2021.
Xiaomi’s performance was boosted by the launch of Mi Smart Band 6. This is despite the fact that India, one of Xiaomi’s strongholds, is not on the initial global launch list.
Huawei ranked third, relying mostly on China to stay afloat.
Canalys said, “Xiaomi has taken a wise step to speed up the launch of the Mi Band 6, a more compelling device than its predecessor.”
In addition, Xiaomi’s rapid entry into the watch business helped increase shipments by 1.3 million units this quarter.
Apple continues to lead the global watch market, achieving a significant lead with a market share of 31.1 percent in the second quarter of 2021.
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Recent vendor moves include Samsung joining Google to develop Wear OS 3, and the launch of Samsung’s Galaxy Watch 4 series with new biosensors and 5nm chipsets.
Competitors are developing internal components and solutions for their watches, which represents a major step forward in the development of smart watches.
As a result, sellers are trying to make a big leap in smartwatch technology.
They improve fundamentals, such as user experience and battery life, create distinctive user interfaces and take advantage of ecosystems to deliver new and unique use cases.
But health tracking is the most prominent use case for smartwatches. The ability to provide advanced health tracking features and provide useful data to users distinguishes between winners and losers.
It is critical that vendors invest in health sensors while developing in-house algorithms and solutions to track vital signs and ensure good accuracy and reliability.
“Resellers should focus on giving users insights into health trends,” she added. This is so that they can understand how their lifestyles affect their well-being.
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