According to the results of the second quarter of 2021, Xiaomi is the market leader for smart bracelets and watches

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The global wrist-based electronics market grew 5.6% year-on-year in the second quarter to 40.9 million units. At the same time, the supply of entry-level bracelets continued to decline. In the second quarter, they were shipped 15.5 million units, which is 23.8% less in annual terms. The decrease in the supply of bracelets is offset by the increase in the supply of watches. Smartwatch shipments reached 25.4 million, an increase of 37.9%. Watches now account for 62% of the world’s wrist-worn device shipments. Such data are contained in the report of the analytical company Canalys. Analysts expect smartwatches to continue to be a growth engine in the coming years.

According to the results of the second quarter of 2021, Xiaomi is the market leader for smart bracelets and watches

The market leader is Xiaomi, which accounts for 19.6% of shipments. Note that a year ago, Xiaomi’s share was 20.1%. In second place is Apple, whose share increased from 15.8% to 19.3% over the year. It is followed by Huawei with 9.2%. A year ago, Huawei’s share was 21.0%. The top five also include Firbit and Samsung. The share of the former increased from 6.4% to 7.3% over the year, and the share of the latter – from 3.0% to 6.1%.

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