Samsung is a serious contender in the global smartwatch market. The company launched its Galaxy Watch 4 series last year with some of the biggest updates it had ever made to its wearables. The Galaxy Watch 4 ditched Samsung's own Tizen OS in favor of the Android-powered Wear OS.
This transition seems to have convinced a lot of customers to buy one of the best Samsung watches ever released. The latest market research data shows that Samsung saw a 46% increase in smartwatch shipments in Q1 2022 compared to the same period last year.
Samsung solidifies its second position on the list
The global smartwatch market saw a 13% shipments increase in Q1 2022 compared to Q1 2021. That's despite the economic slowdown and inflation that's being witnessed in markets across the globe. The global smartwatch market rebounded last year after a rocky 2020 and continues to show sustained growth momentum.
Apple rules the smartwatch market. It accounted for 36.1% of all smartwatch shipments in the first quarter of this year. The late launch of the Apple Watch 7 helped the company extend its lead in Q1 2022.
Samsung has further extended its lead in second place on the list. It saw a 46% increase in shipments in Q1 2022 compared to Q1 2021, accounting for 10.1% of all smartwatch shipments. Counterpoint Research mentions that Samsung grew significantly in the APAC region based on the popularity of the Galaxy Watch 4 series.
The company will be looking to keep up this momentum in 2022. Samsung is planning on launching new smartwatches this year. The Galaxy Watch 5 series might introduce some of the most significant design changes yet. Rumor has it that Samsung is thinking about ditching the rotating bezel for good.
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