According to a new IDC China report, Huawei led the global clothing market with 10 million delivery in the first quarter of this year (January to March), with 21.9 % of the market participating. It represents 42.4 % growth compared to a year ago, when it sent 7 million units and contained 17 % of the market.
The next is Xiaomi with 8.7 million delivery and 19 %. Xiaomi recorded the biggest growth of 42.6 % in the year, as last year it had 6.1 million delivery and 14.7 % market share.
Apple ranks third with only 7 million delivery and 15.5 % market share. Its Q1 2024 performance increased by 5.1 million shipment and 12.5 % market share by 37.2 %.
Samsung is ranked fourth with 3.4 million delivery and 7.5 % pie, and its sales have decreased by 5.7 % compared to a one -year -old quarter when it managed 3.6 million delivery in the market share of 8.8 %.
The top five goals are Garman with 2.1 million delivery and 4.7 % market share, which increases 29.5 % annually to 1.6 million delivery and 4 % market share.
The market sent 45.6 million units to Q 1 this year, of which 34.81 million units were smart watches and 10.76 million smart bands. Overall, the market has increased by 41.2 million to 10.5 % in Q1 2024.
Of these 45.6 million units, 17.62 million represent only the Chinese market, which has increased by 37.6 % year year. China’s Smart Watch Market sent 11.4 million units, which is 25.3 % higher from the year, and its smart band market was arranged 6.21 million units, increased by 67.9 %.
In China, all this growth has been driven by the Chinese government through the national subsidy scheme, and it will promote growth in the country’s wristware market, the IDC has predicted that the number of 2025 will be 36.9 percent higher than 2024.
Source (in Chinese language)
