Smartwatches

Swiss watch exports experience biggest decline in years in October

Graph - Going down

2015 may well go down in history as a year to remember for the Swiss watch industry but not for reasons they will probably wish to forget. Not only was October the fourth consecutive month of declining Swiss watch exports but it was also the biggest drop in six years. In all, Swiss watch shipments have fallen by 3.2% in the first ten months […]

Canalys: 7 million Apple Watches shipped since launch

Apple Watch

With Apple staying mum on exactly how many Apple Watches it has shipped since the launch back in April, market analysis firms are putting their crystal balls to work to guess what that number may be. Canalys now estimates that nearly 7 million Apple Watch smartwatches have shipped since launch. In other words, Apple’s shipments over the last two quarters are […]

Apple Watch dominates global smartwatch shipments in Q3 2015

Apple Watch

The Apple Watch has quickly established itself as the dominant smartwatch in the wearables market. Global smartwatch shipments hit a record 6.1 million units in Q3 2015 with Apple crushing its competitors despite a relatively late entry into the market. According to Strategy Analytics, the Apple Watch grabbed 74% of the market share thanks to estimated shipments of 4.5 million units. Cliff Raskind, Director […]

IDC: Smartwatch shipments to top 85 million by 2019

Graph - Going up

In its latest Worldwide Quarterly Wearable Device Tracker report,IDC reports that growing demand for wearables will see global shipments reach 173.4 million units by 2019. In comparison, the market analysis firm expects 2015 shipments to hit 76.1 million units. Fueling much of that growth will be demand for smart wristwear, a category of devices that IDC defines as ones capable of running third-party […]

HTC working on Android Wear smartwatch codenamed Halfbeak

HTC Omni concept smartwatch

We first learned that HTC was looking to jump into the wearables market all the way back in 2013. Former CEO Peter Chou even confirmed that the company was still working on a smartwatch as recently as March of this year. In the meantime, the only wearable announced and then cancelled by HTC to date is the HTC Grip fitness tracker. New information […]

Apple Watch to account for 40% of luxury watch market by 2020

Global wearable shipments forecast

Traditional watch makers predicted that the Apple Watch would have a significant impact on their market even before it came out. For example, Elmar Mock, the co-inventor of the Swatch, predicted an “Ice Age” for the Swiss watch industry. Early numbers are suggesting that those fears were not unfounded. U.S. watch sales in June were the lowest seen in eight […]