Counterpoint: Global smartwatch market continues to decline in Q1 2025

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It's not looking great for the smartwatch industry as analysts from Counterpoint have recorded a fifth consecutive quarter of decline with 2% year-on-year slip. However, China is experiencing a surge in smartwatch shipments, with a whopping 37% year-on-year growth. Experts point out two major reasons for the global smartwatch market decline. The first is the waning of Apple smartwatch sales, accompanied by a significant and persistent deceleration in India's once-booming smartwatch market. Still, Apple retains the top spot with 20% global share, while recording 9% decline in...



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