Huawei Beat Samsung In The Wearable Segment With The Growth Rate Of 282 Percent In Q1 2019

After gaining the no.2 position in the smartphone market in the world in Q1 2019 by beating Apple, Huawei intends to hold the leading position in the global wearable market with the total shipment that has overcome the big rival Samsung.

As per the IDC market researcher, Huawei has sold totally 5 million wearable devices in Q1 2019. The shipment of the company is roughly 4 figure high over the same period last year.

This growth helped this Chinese tech giant to overcome its big rival Samsung holding the 4th spot with the total shipment of 4.3 mil wearable devices, according to the IDC’s report.

In addition, the growth rate of Huawei in the quarter increased by 282.2 percent in the wearable market. Its success in this segment has been directly contributed by its smartphone success because two devices are bundled together.

For further information, Apple remains its no.1 position in the wearable segment in Q1 2019 with the shipment of 12.8 million units, up 4.2 percent compared to the same period last year. Currently, Apple is holding 25.8 percent of wearables market share and its growth rate reached 49.5 percent year-on-year.

The next spot in the top 5 wearable companies in Q1 2019 belongs to Xiaomi with the total shipment of 6.6 million units, up from 3.8 million units in Q1 2018. The company’s market share in the quarter was 13.3 percent and its growth rate was 68.2 percent.

Samsung after being beaten by Huawei stayed at the fourth position with the market share of 8.7 percent in the wearable segment.

The last spot in the top 5 wearable companies belongs to Fitbit. This company shipped 2.9 million wearable units in Q1 2019, gaining 5.9 percent in market share.

These top five companies accounted for 53.7 percent market share in the current wearable market while the others totally hold only 36.3 percent market share.