Smartwatch sales grow to 700,000 in Q1 2014

Posted on Wednesday, May 21 2014 @ 12:05 CEST by Thomas De Maesschalck
Strategy Analytics reports sales of smartwatches soared to around 700,000 units in the first quarter of this year, representing a year-over-year growth of 250 percent. Samsung is by far the most dominant player in this market with a marketshare of 71 percent. Sony and Peble complete the top three list, both having 11 percent of the market.
"The market was driven heavily by Samsung and its Galaxy Gear model, which is outperforming all major rivals like Motorola and Pebble," wrote analyst Neil Mawston. It is also worth noting that the shipment numbers don't represent how many smartwatches have actually sold to end customers, but it still gives an indication of what retailers are expecting to sell.
Source: Hexus

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

Loading Comments