According to the global smartwatch report for the third quarter of 2022 released by the market research organization Counterpoint, thanks to the strong sales performance of the Apple Watch Series 8, Apple Watch business shipments increased year-on-year in this quarter. 48%, accounting for about 50.6% of the total shipments of HLOS smartwatches.
Apple accounted for about half of the high-level operating system (HLOS) watch market in the third quarter of 2022. However, due to the downturn in the North American and European markets, Apple Watch’s share in this quarter fell slightly compared to the second quarter of 2022 (54%).
Samsung’s shipments grew 62% quarter-on-quarter through the launch of the new Galaxy Watch 5 series, while its market share in the HLOS segment rose 5% quarter-on-quarter. Noise regained the No. 1 market in India with a year-on-year growth of 218%, and No. 3 in the global market. Compared to the previous quarter, Fire-Boltt’s market share was flat and ranked second in India after Noise.
Huawei ranked fifth globally, growing 65% year-on-year, but shipped zero shipments in India for the first time since 2018. Oat came in sixth because it’s targeting the entry-level smartwatch market, similar to Noise and Fire-Boltt. It shipped more than 2 million during the quarter.
