In the field of smartwatches, we have seen Huawei strongly return to the top, with a market share of 21%. Following closely is Apple with iOS, holding a global share of 17%.
Xiaomi continues to rank third, relying on its cost-performance ratio, with a share of 9%. Additionally, Kid’s Genius children’s watches lead significantly, with a total share of 7%, showing a year-on-year growth of 21%.
Samsung, like Apple, is also facing a decline, with both experiencing year-on-year decreases of 8% and 3%, respectively.
From the above, we can see that the top five brands account for 60% of the market share, already taking up a significant portion. The remaining numerous brands and white-label products only account for 40% of the share.
Among the many brands, the solution providers in South China are densely clustered, with countless options available, and the price competition is extremely fierce, yet it remains a stage of a hundred schools of thought contending.
What are your thoughts on this?